Incredible value with built-in equity! The home appraised for $23,000,000 in 2022. Immerse yourself in the quintessential Southern California lifestyle as you enter this oasis-like compound, where deluxe finishes and an open-concept floor plan accentuate the unparalleled sunrise to sunset ocean views. This custom-built contemporary farmhouse is set upon almost an acre of land, boasts 7 bedrooms, 12 bathrooms and is located just minutes away from the Palisades Village. Perched at the top of a private driveway, this home is secluded and is the ultimate wellness & entertainment residence. The floor-to-ceiling doors open to the outdoor vacation-like yard featuring a large heated pool and spa paired with a cabana, and a space for alfresco dining. You are welcomed with endless natural light that floods into the 11-foot ceilings living areas. The main level includes: a state-of-the-art chef's kitchen with an attached butlers pantry, a temperature-controlled wine cellar, a chic office, and a wellness retreat equipped with a steam shower and infrared sauna. Each room flows effortlessly into the well-manicured backyard. Ascend to the extravagant primary suite that boasts an incredible unobstructed ocean view completed with an expansive balcony, a luxury fireplace, two vast closets, spa-like baths, and vaulted ceilings. On the other wing, there are four generous secondary bedrooms which complete the top floor. Enjoy limitless amenities such as an elevator, an oversized theater, gym, lower-level guest quarters, dual-level laundry rooms, and a four-car garage. Cozy up to the outdoor fireplace on the upper deck and relish in the panoramic views of the ocean to the lush hillside. This brand new estate was imagined by Los Angeles' exclusive luxury development group, Palisades Development Company, the property evokes grand, traditional allure throughout with a bonus of community charm. Don't miss out on this once-in-a-lifetime opportunity!