An extraordinary opportunity awaits in the highly coveted Castellammare neighborhood to create a one-of-a-kind coastal estate on this exceptional ocean-view lot. Boasting approximately 85 feet of frontage, the property offers breathtaking, unobstructed panoramic views spanning from Palos Verdes and Catalina Island to the iconic coastline of Malibu. Design and build your dream residence, where every day begins with spectacular sunrises and ends with unforgettable sunsets, accompanied by the soothing sound of the waves and refreshing ocean breezes. The previous improvements included a two-story home with over 2,100 square feet of living space, a detached guest studio, and a two-car garage, providing valuable insight into the site's potential. The EPA Phase 1 has been completed, and Phase 2 debris removal has been completed by the U.S. Army Corps of Engineers. As Pacific Palisades embraces its exciting new chapter, this remarkable homesite presents the opportunity to create a timeless architectural masterpiece whether a striking contemporary residence or an elegant Mediterranean-inspired retreat framed by some of the most captivating, unobstructed ocean vistas on the California coast. Experience the ultimate beachside lifestyle just moments from the sand, with convenient access to Palisades Village, Santa Monica, and Malibu. This is a rare chance to build an extraordinary legacy property in one of Los Angeles' most sought-after coastal communities.

Listing courtesy of Craig Natvig of Compass

Based on information from the The MLS as of 2026-07-27 04:05 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.