Attention End-Users and Builders/Developers! A super-rare opportunity on an elevated, corner lot located just two blocks from the storied Palisades Village and new Caruso development slated to be completed by summer, 2018. Either move right in to this spacious two-story, five-bedroom/three-bathroom, lushly landscaped 2,932 square foot home OR build a brand-new, ocean-view home on this 7,144 square foot corner lot. Spacious and filled with natural light, the current house includes Carrera marble counter tops, stainless steel Viking appliances, multiple custom closets, Waterworks bathrooms, extensive custom built-ins, a fully-tiled saltwater pool (including two cabanas with antique teak columns from Bali), and even a bunkhouse for sleepovers galore!! This incredibly desirable area lets you enjoy cool ocean breezes and strolls to the village, beach, schools, restaurants, shopping, bike paths and hiking trails.