Reduced over $700, 000 since first listed! This is one of the rare true head-on ocean-view lots with no risk of obstruction from future homes below - the primary reason the seller chose this property. The photos shown were taken directly from the property (no ladders or rooftops). Unlike lots in areas like the Alphabet Streets where views will vanish as new homes are built, this sweeping, unobstructed panorama extends all the way to Catalina. Located on a quiet cul-de-sac just half a mile from the ocean and around the corner from Marquez Elementary School, you can often hear the waves at night. The previous 2-story, nearly 2, 900 sq ft home was lost in the fire, offering a unique opportunity to rebuild the original design or create something entirely new. The city allows a 30-day expedited process to begin construction, and building larger is possible with approval. EPA Phases 1 and 2 are complete with final sign-off, the lot has been cleared, all hazardous materials removed, and hydro-mulching doneready for your dream home. This may be one of the only true head-on ocean-view lots left in the Pacific Palisades. Close to town, priced to sell, with a motivated seller open to considering seller financing.