Located in one of the most sought-after neighborhoods, this Montemalaga home boasts unobstructed panoramic views of the ocean, coastline, mountains, and city from every room, both day and night. Situated on a generous 13,968 Sq Ft lot, this 3,232 Sq Ft home sits elevated above the street. Inside, the bright living room features high open-beam ceilings, and there are three bedrooms and three baths, including a spacious master bedroom with double walk-in closets, a jetted tub, and a balcony that offers mesmerizing views. The attached three-car garage also includes a storage room. As an added bonus, the purchase of this prime property includes a plan with preliminary approval from the city of Palos Verdes Estates and art jury. The proposed plan allows for a floor area of 4,755 Sq Ft and envisions a five-bedroom, five-and-a-half-bath house upon completion, making this property a fantastic opportunity for those seeking a luxurious and customizable living space.