An extraordinary beachfront estate on Capri Way with elevator, offering one of the best price per square foot opportunities on the sand. Located in Mandalay Shores, this world-class coastal residence commands panoramic ocean, island, and mountain views from nearly every room. Perfectly positioned on an exclusive semi-private street, the home's rare footprint extends farther seaward than neighboring properties, delivering unmatched privacy and sweeping coastline vistas. Set on one of the largest lots in Mandalay Shores.The chef's kitchen features limestone countertops, an expansive center island, Viking range, Sub-Zero refrigeration with freezer drawers, and a Scotsman ice maker. The dramatic great room captures endless ocean views and offers a media lounge, full-size billiards area, brass-topped bar, and a 900-bottle climate-controlled wine cellar, while soaring two-story ceilings frame the formal dining space overlooking the surf. Upstairs, four spacious en-suite bedrooms each include private balconies, walk-in closets, and spa-inspired baths, complemented by a large open-concept office, fully equipped gym, and six-person sauna.The oceanfront primary suite is a true sanctuary with fireplace, private balcony, expansive custom closet, generous workspace, and a luxe spa bath with breathtaking coastline views. Additional highlights include Sonos sound system, automated window coverings, limestone flooring, security system, outdoor shower, multiple sunrise-and-sunset patios, and a three-car garage with Tesla charging.Ideally located just north of Malibu and south of Santa Barbara, this estate delivers serene beachfront living with the sophistication of a world-class trophy property--an exceptional opportunity to experience the very best of California's coastal lifestyle.