Price reduction. What a find! Check out this breathtaking, white-water view, Pacific Palisades, beach house. Privately located at the end of a cul-de-sac with an extra-large, two-tiered lot. Enjoy panoramic ocean and canyon views from nearly every room in the house not to mention, from the private, expansive deck. High ceilings, cathedral windows, sliding glass doors, and skylights incorporate the ocean breezes and sunlight within the home. The floor plan showcases a chef's kitchen with top-of-the-line appliances and an oversized island, ideal for entertaining. The primary bedroom has been positioned to wake up to the ocean views. The spa-inspired, primary bathroom has a separate soaking tub and shower. The versatile second and third bedrooms are served by a second bathroom, featuring high-end finishes. An automatic wrought-iron gate opens to two, side-by-side, private parking spots. The home is equipped with a laundry and an electric car charger. Move right in or design to your taste. Nestled in the highly sought-after Tahitian Terrace community, residents enjoy amenities like a heated pool, hot tub, and a recreation center with ping-pong and billiards. All-ages are welcome. Pets are welcome. Best of all, there are no real estate property taxes or HOA fees; space rent for the new owner is $1,800 per month, protected under rent control.