Nestled in the heart of "The Grove" in the highly desirable and conveniently located Valmonte neighborhood of Palos Verdes Estates, this property has Planning Commission and Art Jury approved Plans. Elegantly designed by Lane Build Design to build a gorgeous, functional, approximately 3434 square foot 4 Bedroom, 4 Bath new home on this 7,791 square foot lot. In the interim, this Vintage Courtyard home highlights a charming and quaint, 3 Bedroom, 2 Bath with a naturally light and bright living room featuring a warm and cozy brick fireplace, built-in bookshelf, an interior brick courtyard with a secret staircase to the backyard, dining area, an additional room that could be a formal dining room, family room, lounge area or office, a functional kitchen, two main level bedrooms, original hardwood floors, downstairs is a spacious third bedroom, bathroom, laundry area, and an attached two car garage. Enjoy this home now and build later or take advantage of the seller's significant investment and close to two-year process and build your Dream Home now!! Savor the Best of ALL Worlds and the wonderful Valmonte lifestyle, whether you are an avid golfer, tennis or pickleball player, workout enthusiast, jogger or walker, or you enjoy riding bikes, surfing or strolling along the ocean or having fun in the sun at one of the local beaches, hiking on one of the local trails with spectacular views, or just like to hang at the PV Golf Club, PV Beach and Athletic Club, PV Tennis Club, or you prefer dining and shopping in the Hollywood Riviera, Malaga Cove, Lunada Bay or Silver Spur Town & Country Center, this quintessential charmer and special community is truly Southern California living at its Finest!!