This newly reconstructed historic Laguna Beach Craftsman cottage once owned by Old Hollywood actor Charlie Chaplin represents one of the finest examples of high-quality handcraftsmanship, paying homage to the home's original architectural design. Built on an elevated parcel adjacent to its oceanfront neighbor, this home features rare commanding, ocean-close, panoramic ocean views?from Palos Verdes Peninsula up-coast, out to Catalina Island, and to Three Arch Bay down-coast. Only a very small proportion of ocean-close Laguna Beach homes (estimated at only 3%) offers both up- and down-coast views from well within the home. This home?s 3-story structure (garages on the ground level and main- and upper-levels on floors 2 and 3) provides mesmerizing ocean views from both main- and upper-levels. In addition, the home?s SW orientation provides the best protection from the wind, heat, and glare off the ocean while offering the ideal ocean view centered on Catalina Island. Rare direct deeded access to Table Rock Beach below via private gated stairs?only 30? away. With some of the original studs preserved so as to retain grandfathered benefits, this home is otherwise newly constructed and modernized, including new foundation; steel I-beams; custom sapele mahogany woodwork thru-out; white oak floors; custom-made doors, window frames, baseboards, and heat registers; remote-controlled blinds pocketed in the ceilings; custom mahogany garage doors; drystack hand-cut exterior stonework; custom copper gutters/pipes; Dekton porcelain; Bertazzoni kitchen appliances; and Meile washer and dryer. The main-level comprises: Living Room, Dining Area, Kitchen, Downstairs Primary Bedroom with En Suite Bathroom, Powder Room, Laundry Room, and Outdoor Deck. The upper-level features 360 degrees of soaring ocean and mountain views, and includes a second Primary Bedroom with En Suite Bathroom; spacious second Living Room with Fireplace; Wet Bar; Ocean-Facing Balcony; and additional Outdoor Deck. This level could serve as secondary entertainment space or alternatively as an exclusive primary suite separate from the rest of the house. Rare 3-car side-by-side garage spaces wired for EVs, and parking for up to 6 cars. Quiet cul de sac with traffic signal onto PCH. Easy access in and out of Laguna. Walk to local restaurants. This caliber of design, new construction, and execution rarely comes available with such dramatic ocean-close views. Come enjoy the quintessential Laguna Beach lifestyle.