Spectacular ocean views, including the iconic Queen's Necklace, highlight this exceptional 11,209 sq. ft. lot at 1340 Monument Street in the heart of Pacific Palisades. Offering sweeping coastal vistas and an incredible opportunity to build a custom dream home, this expansive parcel sits just a few blocks from Caruso's Palisades Village. Previously home to a 3,382 sq. ft. residence, the property offers tremendous potential to create a beautiful coastal retreat that fully leverages its remarkable location and views. Enjoy close proximity to the Village's boutiques, restaurants, and specialty shops, as well as schools, parks, hiking trails, the bluffs, and the beach. A rare opportunity for homeowners and developers in one of Los Angeles' most sought-after coastal communities.