A "RARE JEWEL" ON THE BEACH IS THE BEST WAY TO DESCRIBE THIS BEACH COTTAGE COMPLETELY REMODELED IN 2011. LOCATED IN THE GATED COMMUNITY OF CAPISTRANO BAY COMMUNITY SERVICES DISTRICT (CBD), THIS PROPERTY IS THE BEST VALUE ON BEACH ROAD. ALTHOUGH THIS HOME WAS BUILT IN 1950, HAVING UNDERGONE A RECENT RENOVATION, IT SHOWS LIKE A MODEL AND IS BEING SOLD WITH ALL EXISTING FURNISHINGS, APPLIANCES AND ELECTRONICS. THE SPECTACULAR OCEANFRONT YARD HAS A COVERED PATIO, MANICURED LAWN, OUTDOOR SHOWER AND YOUR OWN PRIVATE STEPS TO THE BEACH.....A WONDERFUL AREA FOR EVENING OUTDOOR DINING AND ENTERTAINING FAMILY AND FRIENDS. PRICED AT LOT VALUE, YOU CAN ENJOY LIVING IN THE HOME "AS IS" OR ENJOY IT WHILE YOU MAKE PLANS FOR YOUR NEW HOME. THIS PROPERTY IS PERFECT FOR A SECOND HOME AND IS SET UP TO BE A GREAT VACATION RENTAL. THE PROPERTY COMES WITH FOUR PARKING SPACES SUBLEASED FROM CBD AT A COST OF $400.00 PER YEAR. CBD CHARGES EACH PROPERTY OWNER AN ANNUAL FEE TO HELP BALANCE THE ANNUAL OPERATING BUDGET PRIMARILY FUNDED BY A PORTION OF THE PROPERTY TAXES. THE CURRENT ANNUAL FEE IS APPROXIMATELY $1,140.00.