Nestled on a quiet street in the lower Marquez Knolls neighborhood, this exceptional lot presents an opportunity to build your dream home with beautiful ocean views from the first and second stories. Ideally located just minutes from the beach, Palisades Village, and Lake Shrine, this property is also in close proximity to the highly-rated Marquez Elementary School. Although the previous 2,210-square-foot structure was lost in the Palisades Fire, the owners built a flat, picturesque backyard perfect for entertaining with a substantial retaining wall that remains intact. This is one of the few lots in the lower Marquez area that offers a flat backyard along with ocean views, making it the ideal spot to enjoy the Palisades fireworks (or drone shows) on the Fourth of July. Phase 1 and 2 have been completed by the owner and primed for a fresh start with the added benefit of a streamlined fast track rebuilding process.