Rare opportunity to build your dream home on an oversized, approximately 7,500 sq. ft. (50' x 150') lot in a prime mid-block location on Kagawa, one of the most desirable streets in the coveted Alphabet Streets of Pacific Palisades. Unlike many streets in the neighborhood, Kagawa does not provide through access to Sunset Boulevard, contributing to its peaceful residential setting. The property backs onto an expansive approximately 14,000 sq. ft. parcel with a beautiful existing home that survived the fire, offering an attractive backdrop for a future residence. Previously improved with an approximately 3,900 sq. ft. home, the property presents an outstanding opportunity to design a custom residence with generous indoor-outdoor living spaces, a spacious backyard, and potential for a pool. Ideally located just a few blocks from Caruso's Palisades Village, with its boutiques, restaurants, and specialty shops, and conveniently close to schools, parks, hiking trails, the bluffs, and the beach. A rare chance to create your dream home on an oversized lot in one of Pacific Palisades' most sought-after neighborhoods.