$1,499,000

Sweeping ocean views as well as mountain views grace this large 9,975 sq ft lot in the prestigious Summit neighborhood of the Palisades Highlands. The lot is perfectly positioned on a wide street and enjoys breathtaking panoramic ocean views from Palos Verdes to Catalina and the Channel Islands. The property offers a unique opportunity to build a custom home with stunning vistas from both the main and upper levels in a serene setting close to the beach, the village, and recreation activities. Hiking trails in the Santa Monica Mountains are steps away, and Summit Club membership offers resort-like amenities including a pool and spa, a fitness center, tennis, pickleball, and basketball courts, a playground, and a dog park, all within a private, well-maintained setting. The previous residence measured 5,040 sq ft, allowing for a new build of up to approximately 5,544 sq ft under an expedited process. The lot is cleared and ready for development. Enjoy year-round sunshine above the marine layer, with magnificent sunsets each night. A compelling opportunity to create a custom home framed by expansive Pacific Ocean and mountain views.