Located just one mile south of the renowned Montage Resort, 31588 Table Rock Drive offers an extremely rare and exceptional value on the ocean side of Coast Highway - boasting the lowest price per square foot for an active listing in this coveted area. This classic architectural home with approximately 4,100 square feet of living space is situated on a large, lush corner lot with convenient access to beautiful Secret Cove beach. Add in phenomenal coastline views as well as close-in whitewater views and a rare, immense rooftop patio terrace with vast, unobstructed 360-degree views. The oversized "living/great room" with high ceilings offers captivating 180-degree wrap-around ocean view, sitting and entertaining areas. The home's ocean view kitchen with its extensive countertop is designed for cooking and entertaining. This residence offers five bedrooms and four upgraded baths…along with inspiring and large private work-at-home studio offices. The generous primary bedroom suite offers an ocean view…as well as an additional ocean view terrace. An inviting family room centers on its distinctive rock fireplace, which pays homage to its Table Rock location. This home is situated on an exceptionally large lot and offers wonderful privacy and abundant outdoor living with beautiful private rear and side yards. The epitome of Laguna Beach living, steps to Table Rock and West Street beaches, and at low tide, easy access along the sand to the world-renowned Montage Resort. Please schedule your private tour to see this spectacular home at this amazing price.