$4,500,000
Exceptional extra-wide lot with 180-degree ocean, bay, and city views creates the opportunity to develop a grand home while also providing privacy and spacious outdoor recreation and entertainment areas. The lot faces due south, which is architecturally preferred, due to the all day sunlight and direct ocean exposure The previous 5,817 sq ft home shows the scale achievable, and the property qualifies for the expedited 110% like-for-like rebuild program, allowing accelerated permitting up to 6,398 sq ft. Set on a substantial 18,307 sq ft lot, nearly half an acre, with 115 feet of frontage, the property showcases sweeping ocean views that span the coastline. Enjoy incredible light, dramatic sunsets, and a front-row seat to the Pacific. A rare option is also available to acquire from the same owner the adjacent 8,904 sq ft lot (listed at $2.5M), creating a 27,211 sq ft parcel with 165 feet of frontage. Build two homes, a multi-generational compound, or one expansive estate that fully captures the views. Just blocks from Palisades Village, enjoy top schools, shops, dining, hiking, and the beach. An ideal chance for an owner-user or developer to create a signature ocean-view estate.
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Listed by Anthony Marguleas with Amalfi Estates (310) 573-4245
Property Type
Land
Status
Active
MLS Number
25597413
Year Built
N/A
Lot Size
0.42 acres