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When President Richard Nixon wanted to get away from it all, he headed for his retreat in coastal San Clemente, CA, dubbed the Western White House.

Two doors down, another stunning estate is now available in this exclusive beachfront enclave, and it's on the market for $55 million.

The 12,000-square-foot, seven-bedroom home, commissioned by the owner, is on the market for the first time.

"This is the most authentic coastal Spanish-style home I've ever seen in Orange County," says listing agent Tim Smith. "I just love the fact that although the property is substantial in size, it's very tastefully done. It's sophisticated, but it's casual."

Built in 2007, this residence is located in a dual-gated neighborhood and is just one of 16 houses in this posh coastal community.

Workable as a primary residence or a second (or third) home, the home offers easy access to the freeway and the beach.

Get out your sun umbrella and beach blanket. Behind the gates on over 2.6 acres, it boasts one of the largest oceanfronts in California, at just over 450 feet -- a rare find.

"It can be difficult to get oceanfront property, especially with the amount of ocean frontage on this much land," Smith says. "It's on one of the best surfing beaches. It sits right above Cotton Point, but it's also right above Trestles." Apparently even Nixon enjoyed watching surfers while taking long walks on the beach.

Inside, there's plenty to ooh and ahh over as well. "Everything from the design to the finishes, to the materials used, give the home a very warm feeling and lend authenticity to the design," Smith notes.

With over 12,000 square feet, the custom residence designed by architect James Glover includes an enormous main house with a chef's kitchen, an outdoor cooking area, an oversize pool and spa, and expansive ocean views. (This video offers a detailed look inside.)

No expense was spared on the exterior either. "The landscaping exemplifies coastal living in California, with some of the most beautiful cypress trees I've ever seen," Smith gushes. Located on the southernmost tip of Cypress Point, the property borders preserved land that will never be built on, according to the agent.

And while the trees are quite picturesque, did we mention the pool? "The pool runs the width of the back of the house. There are views from nearly every room. There's a tennis court. … There's really nothing else quite like this in Southern California," Smith says modestly.

The property is stirring up global interest, according to the agent. And the price doesn't seem to be scaring potential buyers away: Smith says he's received "numerous inquires" from around the world.