$2,898,000

The Marquez Knolls' "Bollinger Loop" is a very special location, with its sleepy, quiet, neighborhood feel. A short distance to the beach and to the Palisades Village, the magic of the "Loop" is that it functions much like a private road might, with visitors composed typically only of residents. Graced by open views of the canyon and of twinkling lights in the distance, this 9,640 square foot lot was once home to a 4,603 square foot residence. The new owner might be able to build as much as a 5,063 square feet home on this parcel based upon the potential to build a structure 10% larger than the former one. Buyers to verify. The former home had a rooftop deck taking in dramatic views of the Pacific Ocean, the Santa Monica Queen's Necklace and on some days, all the way to Catalina Island. Because of its larger size, this lot also allows for a lovely grassy backyard complete with plenty of additional room for dining and lounging under the Southern California sun and stars. There is plenty of space for a pool as well. Unusually private, this is a location not to be missed. Photos do include images of former structure.