Set on a generous half-acre lot, this home presents a rare opportunity to create your dream residence in a prime location overlooking panoramic views of the sparkling Pacific Ocean, Catalina Island, and the dramatic Palos Verdes coastline! With over 4,000 square feet of living space, featuring 5 bedrooms, 3.5 bathrooms this property is ready to be transformed, making for an incredible value. The tri-level floorplan is incredibly spacious, with all the main living spaces overlooking ocean views, plus a huge primary suite on the main level. As you make your way up to the third level, you will find the remaining secondary bedrooms, plus a family room with a huge viewing deck to enjoy outdoor entertaining with gorgeous views as your backdrop. The private backyard is an ideal space to craft your own oasis with a sprawling pool and spa and room for more. The home, which remains in its original 1977 condition, is a blank canvas for a visionary buyer or developer! Located near the prestigious Terranea Resort and scenic hiking trails, you’ll enjoy the best of outdoor and resort-style living every day. Don’t miss your chance to own a piece of Rancho Palos Verdes’ stunning coastal landscape.