Here's a rare opportunity to buy the least expensive oceanfront single-family residence between San Diego County and Ventura — nearly $750,000 cheaper than the next closest comparable property available. Discover this exceptional nearly half-acre oceanfront property, offering unrivaled views of Catalina Island from the closest point to Catalina on the Southern California coast. Wake up to stunning sunrises over the Point Fermin Lighthouse and unwind with breathtaking sunsets over Santa Barbara Island. The soothing sounds of crashing waves and coastal birds create a peaceful, tranquil ambiance. Watch boats, dolphins, whales, and seals right from your property — an experience that photos can’t fully capture, you truly need to see it in person! This property features an approximately 1,200 sqft existing home in need of a complete renovation, presenting incredible potential far beyond its current state. Build new or remodel the existing home into your dream oceanfront residence in one of Southern California’s most treasured and undervalued coastal neighborhoods, The Palisades. The land includes approximately 9,000 sqft of usable space atop the bluff, along with an additional 10,000+ sqft descending to the ocean, offering endless possibilities for customization and enjoyment. To help you visualize how this could look, we included conceptual plans and photo-matched renderings — please note these are preliminary concepts and have not gone through any approval process. Selling price does NOT include a new house also. No For Sale sign is on the property.