This spectacular Cape Cod style home in the popular Palisades area of Capistrano Beach provides a large 4 bed/4 bath oasis with its dual master suites, open floorplan, high beamed ceilings with fans, Brazilian cherry hardwood floors and plantation shutters. You can absolutely see the quality in the details! On the main level, the gorgeous gourmet kitchen boasts a large island w/sink, granite countertops, 6 burner Viking cooktop, dual ovens, custom cabinetry with lots of storage, and a pantry. The dining room, kitchen and living room seamlessly flow to create the open floorplan that is perfect for families and entertaining. Open the exterior living room doors to the substantial balcony that spans the front of the home, with an ocean view and additional relaxation space for casual entertaining. At the rear of the home, off the kitchen, are double doors that access the outdoor entertainment area with a full kitchen: BBQ, sink, refrigerator, granite counter tops, warming drawers, etc.. This overlooks the sunny back yard which, along with the very private front patio, displays numerous mature citrus trees, fragrant plumerias, lots of room for entertaining and potentially a future pool/spa in the back yard! Downstairs are 2 master suites (1 with dual walk-in closets), 2 additional bedrooms, 2 tankless water heaters, laundry room and direct access to the large garage with extensive side and overhead storage. Enjoy picnics at the scenic Pines Park with views of Catalina & Dana Point Harbor and stroll or bike to the famous Doheny Beach. This is a great opportunity to live in beautiful Capistrano Beach, a neighborhood that is quickly being discovered!