Price just reduced! Making this the best value on the market west of PCH for the price! Perched on an extraordinary 67 x 125 lot (8,444 sq ft) in coveted North Hermosa Beach. 649 Gould Terrace presents a rare opportunity to create a classic beach house with a remodel or build from scratch. A true unobstructed ocean view estate in one of the South Bay’s most sought-after neighborhoods. Lots in the Manhattan Hill Section are going for $11M plus in the last 60 days. At $2,998,500 this is the best valued property with ocean views in all of Hermosa or Manhattan Beach. Set on a quiet cul-de-sac street of just 12 homes, the property offers a level of privacy and exclusivity that is nearly impossible to find this close to the beach. The oversized parcel enhances that feeling even further—providing a sense of space and openness far removed from the tight, crowded feel of many Hermosa Beach properties. Enjoy sweeping ocean views of Catalina Island and unforgettable sunset panoramas, creating the perfect backdrop for a custom-built residence. With this much land, you have the flexibility to design a true estate-style home—complete with a large yard, pool, and expansive indoor-outdoor living spaces. For an owner-user, the property also offers a compelling “live now, build later” opportunity—enjoy the home and its exceptional setting today while planning your future dream estate. Complete with a 6 car parking driveway. Ideally located just 1 block from Valley Park, award-winning Hermosa and Manhattan Beach schools, and an easy jaunt to the beach, this property offers the best of coastal living with a rare sense of tranquility. Opportunities like this are exceptionally rare. This is more than just a lot—it’s a chance to build a legacy estate on one of the most desirable and private streets in North Hermosa Beach.