Tremendous value - huge flat 28,500 sf lot on prestigious Paseo Del Mar across from the ocean bluffs plus a spacious custom home that's approximately 6800sf, of which, 968sf is a free standing cabana with kitchette, fireplace and 3/4 bath. Full sized pool and over sized flat, grassy yard. Incredible potential for remodel or new home. Party-sized wine cellar, Master suite with outdoor Jacuzzi in addition to the 3+ garage. Upstairs room used as an office has some ocean view and two balconies. Truly a landmark estate with massive potential - don't miss this amazing opportunity. No need to travel - enjoy yourselves at your own "staycation" resort estate. Great Lunada bay location - close to the three schools, and Lunada Bay Plaza. Bonus is a back-up generator that automatically comes on if the power goes out in the neighborhood which happens periodically.