Available for the first time in two decades, this modern contemporary residence has spectacular and unobstructed ocean, harbor, Catalina Island, sunset and city lights views from almost every room, and is ready for its next chapter, with hopes of a renovation that returns it back to its former glory. Perched high on the bluff in Irvine Terrace, this is the widest (approx. 126) and largest (approx. 20,000 sqft) lot on the front-row street of Dolphin Terrace, and is more than double the width of many view lots in the neighborhood. Currently configured as a 4 bedroom, 6 bath home, the gym has a private full bath and large closet and could be utilized as a 5th bedroom. The primary suite and one additional bedroom suite are located on the main floor for easy single-level living, if desired. The property also offers large living & dining areas and an open kitchen / great room; all with floor-to-ceiling walls of glass and numerous skylights. Additionally, there are two offices, a bonus room with bar, and a spacious laundry room. On top of approximately 6,100 sqft of living space, there is nearly 1,250 sqft of additional interior walk-in storage space. An expansive 3-car garage with high ceilings that may accommodate car lifts and a separate workshop rounds-out this offering. As for the exterior amenities, there is a private, gated entry courtyard with a 50' lap pool, three view decks, an ocean view spa, covered loggia and a grassy back yard. The slope of the bluff is conveniently terraced with thoughtfully placed walkways and seating areas throughout the beautiful gardens that meander all of the way down to Bayside Drive. With proper vision and execution, this home has the potential to be once again a true trophy property within the Corona del Mar community.