Welcome to this spacious and inviting 4-bedroom, 4-bath home offering 3,242 square feet of living space on a generous 13,740 square foot lot, ideally situated on a quiet street in the sought-after Montemalaga neighborhood of Palos Verdes Estates. Enjoy the convenience of being within walking distance to the award-winning Montemalaga Elementary School. Set back from the street and surrounded by mature trees, this home welcomes you through a double-door entry into a light-filled interior highlighted by dramatic two-story windows in the living room, showcasing serene views of the expansive grassy backyard. The Main Level features the Primary Suite, overlooking the backyard and offering multiple closets with mirrored doors. The en-suite bathroom includes dual sinks, a separate shower, and a soaking tub, accented by original cobalt blue tile from the home's 1977 construction-full of vintage charm. This level also provides direct access to the oversized two-car Garage, a Powder Room, Formal Dining Room, and a Kitchen with Breakfast Bar, casual dining area, and sliding doors leading to a peaceful wood Deck nestled among the trees. A half-flight down leads to the Living Room with a Fireplace and soaring ceilings, opening to a large Deck ideal for relaxing or entertaining while enjoying the lush backyard with grass and fruit trees. Another half-flight down reveals an impressive Family Room featuring a floor-to-ceiling brick Fireplace and sliding doors to yet another Deck overlooking the yard, three additional bedrooms, two bathrooms (one with a shower, one with a tub/shower), and a Laundry area. Through the downstairs bathroom is a hidden bonus-an expansive unfinished Basement space with endless possibilities, whether envisioned as a media room, game room, gym, or additional storage. While the home is ready for updates, it offers tremendous potential to create your dream space. With its size, location, and opportunity, this is a rare chance to own in one of the Peninsula's most desirable neighborhoods.