Perched atop the coveted upper section of Big Rock Drive, this exceptional estate parcel offers sweeping, unobstructed ocean and city views stretching from Palos Verdes to Catalina and beyond. Located just minutes from Pacific Coast Highway and the heart of Santa Monica, this Palisades burn-out property presents an incredible opportunity to rebuild a stunning coastal retreat. The expansive lot previously featured a magnificent 6,079 sq ft two-story Mediterranean villa complete with pool, set amidst serene privacy and commanding vistas. Full Army Corps of Engineers Phase 1 and Phase 2 debris removal has been completed and signed off, clearing the path for development. Whether you're envisioning a legacy estate or a bespoke modern masterpiece, this premier location combines convenience, prestige, and breathtaking natural beauty. Motivated sellers present a compelling chance to create something truly extraordinary in one of Malibu's most sought-after neighborhoods.