Asking Price: $2,950,000

Welcome to 5 Yellow Brick Road, where the allure of a magical and classic street on a private cul-de-sac meets the potential for your dream home! This property offers an enticing prospect for individuals seeking vast potential to embark on a project aimed at revitalization and restoration. Situated on an expansive lot spanning over 20,000 square feet, with 3,884 square feet of living space, it provides ample room for creative endeavors and transformation. Although this home will require extensive updating and repairs, its prime location and impressive features make it a unique opportunity in Rancho Palos Verdes. The main level showcases a primary suite with fireplace, walk-in closet, as well as a deck that provides stunning views of the award winning 18 hole Palos Verdes Golf Club and ocean. The spacious kitchen and eating area also boast a deck with more captivating dual views of the ocean and golf course, creating a perfect setting for enjoying meals and entertaining guests. The main level is completed by a formal dining room, an open living room with a fireplace, and another deck that offers expansive views of the picturesque golf course surroundings. The lower level of the home offers additional living space ideal for leisure and entertainment. Here, you'll find a family/game room equipped with a pool table, a bar area, three bedrooms, laundry room, and another cozy fireplace. There are plenty of storage areas available throughout the home, guaranteeing tidy organization and effortless access to your belongings.Convenience is key with a three-car garage providing extra parking in the driveway and additional storage options. Outside, the property is adorned with lush landscaping featuring mature fruit trees, adding a touch of natural beauty to the surroundings. Embrace the opportunity to transform 5 Yellow Brick Road into your ideal living space. It’s your canvas for creating a personalized oasis in Rancho Palos Verdes.