An extraordinary opportunity to bring a luxurious vision to life—this premier corner lot in the heart of Malaga Cove comes complete with shovel-ready plans for a breathtaking 5,300 sq ft (gross) modern Spanish masterpiece, thoughtfully designed. With fully approved and stamped plans in hand, you're poised to break ground immediately on a showpiece residence boasting 180-degree sweeping ocean, coastline, and downtown skyline views. (Square footage includes garage and other spaces; buyer to verify.) Perched on an expansive 12,000 sq ft corner lot, the future residence offers a perfect blend of elegance and thoughtful design. Plans call for six spacious bedrooms, including a grand primary suite and a secondary master, two bedrooms with a Jack-and-Jill configuration, a guest room, and a sixth room envisioned as a private gym—easily convertible into an additional bedroom. The layout also includes four and a half beautifully appointed bathrooms, and seamless indoor-outdoor living spaces designed to embrace the best of Southern California’s coastal lifestyle. A new circular driveway leads to an attached two-car garage, with ample off-street parking for added convenience and ease of entertaining. Currently on the property is a comfortable and well-maintained 4-bedroom, 3.5-bathroom home spanning approximately 3,300 sq ft, including two primary suites. The existing residence enjoys downtown and peekaboo ocean views, along with central A/C, a sparkling pool, and a two-car garage—making it perfectly livable while you plan your dream build. Just minutes from the iconic Malaga Cove Plaza, this property offers the rare combination of immediate comfort with the unmatched potential to create a future architectural landmark in one of the South Bay’s most prestigious enclaves.