Discover California's Lost Coast from this unique Shelter Cove property offering sweeping Pacific Ocean views, a versatile 2,592 sq ft floor plan and possibilities rarely found in a coastal home at this price point. The main living level features a comfortable 3-bedroom layout designed to embrace the view and relaxed coastal setting, whether as a full-time residence, second home or private getaway. What truly sets this property apart is its flexibility. The lower level features three individual spaces, each with its own private entrance, bathroom and utility meter. Currently configured for storage and guest accommodations, the layout pairs with Commercial General (CG-Q/D) zoning to create intriguing possibilities for office, business, hospitality or other uses, subject to applicable approvals. Live upstairs and explore the potential downstairs, create space for extended family and guests, or simply enjoy the added versatility. The sale also includes the adjacent parcel at 143 Lower Pacific Drive, providing additional space, privacy and future possibilities. For those with an even bigger vision, 240 Wave Drive, the next adjoining parcel, is available separately, creating the rare opportunity to potentially assemble three contiguous parcels. Shelter Cove offers a California coastal lifestyle that feels worlds away, with black sand beaches, hiking along the Lost Coast, fishing, golf and the Pacific just outside your door. Whether you're searching for an ocean-view retreat or a property where residential living and commercial potential intersect, this is an opportunity worth exploring. Also listed under Residential MLS# 326068144