Rare opportunity to build your dream home at 716 El Medio Avenue on a generous 6,586 sq. ft. lot in the highly desirable El Medio Bluffs neighborhood of Pacific Palisades, offering ocean and mountain view potential from a future residence. Previously improved with a sleek, modern contemporary home built in 2016 (approx. 4,200 sq. ft.), this exceptional property offers the opportunity to recreate a similar architectural style or design an entirely new custom residence. Envision expansive indoor-outdoor living, beautifully landscaped grounds, and pool potential, all designed to take advantage of the scenic coastal and mountain setting. Ideally situated just blocks from Caruso's Palisades Village, with its curated collection of boutiques, restaurants, and specialty shops, and close to Palisades Charter High School and the community's beloved Fourth of July fireworks festivities. Conveniently located near parks, hiking trails, the scenic bluffs, and beautiful beaches. An outstanding opportunity for both owner-users and developers to create a remarkable residence in one of Los Angeles' most sought-after coastal communities.