YEAR-END VALUE OPPORTUNITY: PRICE ADJUSTED TO 399,000! This beautiful split level 2 bedroom 2 bath ocean view manufactured home was built in 2017 with recent exterior paint and touch ups! Conveniently located across Pacific Coast Highway from the MONTAGE RESORT in South Laguna Beach and home to some of the best beaches along the coast. This unique home is rarely available and boasts spectacular sunset views from the upstairs deck and living room as well as enjoying canyon views within the community. If indoor, outdoor living is your thing, this is it. The location of the home gives you access into downtown Laguna Beach for art galleries, award winning restaurants and shopping and into Dana Point and Dana Point Harbor via PCH. Local shopping center nearby with restaurants, coffee cafe, CVS as well as Aliso Beach, Lower Victoria Beach, The Ranch Golf Course and Spa and nature trails. There are no property taxes or HOA fees and this home will have a monthly land lease of 4,250 and increases each year either 3% or CPI, whichever is greater. Land lease of 30 years and there is a Park Approval process when buying a home in this community. The community of Laguna Terrace offers a heated pool, spa, a workout room in the clubhouse with an Internet Cafe, a full size kitchen and room to reserve for gatherings. Come and enjoy this special community of Laguna Terrace. Fleetwood Home, Chestnut Manor Serial Numbers FLE220CA1637090AAC and FLE220CA637090BAC.