A down-to-the-studs renovation offers a chance to live the CA dream on this 1+ acre, 2 parcels compound with 160' of prime bluff front! This chic home is full of luxe design. Folding doors create an in/outdoor lifestyle & connect the great room to the patio, grounds & sea beyond. The ocean-view primary suite offers a private patio, gas fireplace & dual closets. 3 addl bd suites, media/bonus/5th bd, office/sitting room, wine room & detached guest space offer fab flexibility. Beyond the house, an expansive oceanfront deck makes this property unique beyond others. Below the deck, an incredible space offers a retreat unlike anything you've seen. Plans and permits for a 2500+/-sf house (great for guests, cabana, gym, etc) + pool on the vacant lot are ready to go to create the ultimate compound.