A rare opportunity to own two lots, each with fabulous ocean views (some white water) This gorgeous coastline view property, consisting of two separate lots (lot 5 = 9,080 & lot 6= 7,800 sq. ft. for a total of 16,880.), which allows ample space for a main house plus an entire lot available for the space you demand. Possible uses modern landscaping, an ADU, a studio, or a family compound. Historically used as a large yard/garden that currently gives maximum privacy, peace, and natural beauty from the terraced hillside with its mature trees! All it needs is imagination to optimize the lot. Sunsets are spectacular year round. The two lots are being sold together are completely separate parcel numbers . The existing charming, updated/renovated older home offers ocean views and has multi-level living spaces for maximum versatility. Patio and also several balconies, which allows for outdoor living as well. It could be a peaceful oasis, a great landing place!. With its proximity to the heart of Pacific Palisades, schools, PCH, and the Santa Monica Mountains, this property stands to be a sparkling jewel in the restored crown of the Palisades as it recovers and rebuilds. Within easy walking distance to the Marquez Knolls, reasonable walking distance to schools and town, this property offers the best of both peace and convenience. The history of the looped street is one of warm community; in recovering from the Palisades Fire, it will certainly continue to offer the benefits of a real neighborhood. Or just buy as a long term investment hold and plan for the future. These Pacific Palisades properties offer you an almost 180 degree ocean view (okay maybe 120 degrees). Invest or live in it, land bank or build. Remember, almost unobstructed view properties do not come up often. Easy to show, Note: Lot sqft in listing includes both separate parcel lots (4415-028-006 and 4415-028-005). The home has been in the owners family for decades, first time on the market in over 60 years. Priced to sell.