"MOTVIATED SELLER" An exceptional opportunity to own this 1/2 acre lot with 180 degree spectacular , unobstructed panoramic views from Newport Beach to Santa Monica in a very desirable neighborhood. No Mello-Roos tax, No HOA fees. Situated in a world of it's own with a rural feel. Easy access to 55 FRWY, Easy access to Airport, Disneyland, malls and entertainment. 18 miles from the beach. This area is part of the city of Orange. Previous owner stated that they had approved plans for a 4BR, 4.5 Baths, 4500 sf , 2 story custom estate, designed by the acclaimed Southern Ca. architect " David parker" that can be built like it is, modified or you can build your own dream home here and let the never ending horizon views inspire you. The topographic map , surveying, and Geological report all has been done. The land formation is solid and perfect for building. All utilities are available and for sewer an onsite wastewater treatment system has been planned. Buyer is responsible to check and verify all the information published in the MLS. The adjacent lot (5242 E, Lomita) is also for sale by the same owner and perfect for multiple and simultaneous construction to save on costs. These are the last few buildable lots left in this area.