1131 Tellem Dr Breathtaking Catalina and panoramic ocean views highlight this exceptional 14, 508 sq ft, mostly flat lot, one of the few available one-third-acre ocean-view properties in Pacific Palisades. Previously home to a 2, 469 sq ft residence, the property offers the potential to build approximately 3, 997 sq ft above grade, plus a basement and potential ADU, subject to buyer verification and applicable approvals. The expansive building site provides ample space to create a world-class custom estate with a resort-caliber backyard featuring a pool, outdoor kitchen, gardens, and seamless indoor-outdoor living and entertaining. Ideally located just minutes from beaches, newly reopened hiking trails, Palisades Village, top-rated schools, and the Westside, this rare offering presents an exceptional opportunity to be part of the rebirth of Pacific Palisades while creating a legacy estate in one of Los Angeles' most coveted coastal communities.