Malibu coastline and Cape Code-style combine for easy living on wide, flat Trancas Beach, with ocean views, sandy shoreline, and plenty of room for indoor-outdoor living and entertaining. A gated entry opens to a fountain breezeway and a spacious private courtyard complete with a flagstone fireplace, lounge seating, and a covered Jacuzzi with a waterfall. Freshly updated inside and out, the home has a two-bedroom, one-bath guesthouse with a full kitchen, gym area, living room with fireplace, loads of natural light, and access from inside the home or by way of a separate entrance off the courtyard. The main house, with lovely light-toned wood floors, has ocean views on display from the moment you walk through the door. Off the entry, a bonus/media room is equipped with a pool table, Stewart projection screen, en-suite bathroom, a hallway to the laundry room, and French doors to the courtyard. The entry hall continues past a powder room to butler doors that swing open to reveal a huge country kitchen complete with fireplace, table and chairs, stone counters, top-quality appliances, and generous cabinet and counter space. One end of the kitchen opens to the family room, which in turn opens to the courtyard. The other end of the kitchen steps down to the living room, with ocean views, a fireplace, and three sets of French doors opening onto a heated beachfront deck with dining area, seating, Weber barbecue, firepit, sensational views, and steps to the sand, where there is a hammock and additional chairs for stargazing and dolphin-watching. The living room has an additional bar-lounge. Off the main hallway is the formal dining room, with fireplace, flatscreen, beautiful handcrafted table, ocean views, and a large double-sided fish tank also visible from the hallway. On the upper floor, there are three bedrooms, each with balcony access. The primary suite features vaulted ceilings, a fireplace, a sitting area with gorgeous ocean views, huge custom closets, a lovely spa-style bath, and an oceanfront balcony with seating. Both the main house and the guest house have air conditioning. There is an outdoor shower in the side yard and three garages face the street. Trancas Country Market, with shops and dining, is a very short walk from this lovely oceanfront getaway. Available for lease $75,000 per month.