Come see this one-of-a-kind magical oceanfront hideaway with opulent flourishes and infinite ocean views. C-2 zoning allows for redevelopment as mixed use commercial with residential. Interior is clad in Saltillo tile and hardwood floors with 2 bedrooms plus upgraded kitchen and bath downstairs plus a vaulted loft upstairs, all set to the mesmerizing view of the Pacific Ocean. The property extends out to the beach, with an estimated 35' portion of bluff lost in a single high-water event several years ago, when view deck and walkways were lost to the sea. A grand side courtyard with trellises and outdoor fireplace remain, providing a setting for world-class entertaining. Discretely accessed at the back of the bakery parking lot, behind a high electric security gate and fencing. The property has been red tagged, being sold in as-is condition with existing plans for bluff stabilization. With cash purchase Buyer should be able to get construction financing for seawall and renovation work.