Perched in a premier location in lower Malaga Cove, this classic mid-century residence offers truly breathtaking, unobstructed panoramic ocean, coastline and Queen’s Necklace views. With its timeless architectural character, incredible setting and endless potential, this is a rare opportunity to create something extraordinary in one of Palos Verdes Estates’ most desirable neighborhoods. The upper level showcases original hardwood floors and a spacious living room featuring a stone-surround fireplace and an expansive picture window perfectly framing the spectacular coastal panorama. The formal dining room is surrounded by multiple windows that capture the sweeping views, while a charming breakfast nook sits just off the kitchen. Also on the upper level, the primary suite offers generous closet space and an en-suite bathroom, along with an additional bedroom. Downstairs, a large family room with a second fireplace opens directly to the backyard, where an expansive wood deck and tranquil koi pond create a peaceful setting for outdoor relaxation and entertaining. A separate office with built-in cabinetry enjoys beautiful views, while an additional bedroom with an en-suite bathroom provides comfortable accommodations for guests or extended family. Filled with natural light, the home retains its distinctive mid-century charm and original character. While ready for thoughtful updating and modernization, the exceptional location, versatile floor plan and magnificent, unobstructed views provide the perfect foundation for a truly special coastal retreat. An incredible opportunity to reimagine a classic Malaga Cove home in a setting that is simply hard to duplicate.