1502 Paseo De Oro, Pacific Palisades, CA 90272

Major price correction! MAJESTIC VIEWS lot located in THE SUMMIT, the most prestigious area of the Palisades Highlands (one of L.A.'s "best kept secrets"). On a Private Gated Street, across from the SUMMIT CLUB, this Ocean and Mountain views lot awaits your chance to rebuild your OWN magnificent Mediterranean home. The original home was a 3183 Sq-Ft, 5bed + 4bath Mediterranean Villa providing direct entry to a 2-car garage. The sale includes owners' existing original architectural plans. The EPA Phase 1 & Phase 2 have been completed. The property includes membership to the "SUMMIT CLUB" (resort-style pool, spa, clubhouse with kitchen, tennis courts, gym, playground area, sports court with staff) * AND * "PDRA-Palisades Drive Recreational Assoc" (w/ VIEWS, "off-leash" dog hours, picnic tables, walking/jogging track with exercise equipment, fenced jungle-gym area, a large grassy park-field + parking and restrooms). Enjoy the unique Highlands "micro-climate", hiking/mountain biking trails and surrounding nature. Only minutes to the Palisades "village" and beaches. The Summit is governed by the home owner association CC&R'S. Call agent for HOA dues information.