Exceptional redevelopment opportunity on over 1/3 acre of PRIME WATERFRONT property in one of Venice's most desirable boating locations in La Guna Park. Deep water with no bridge restrictions offers the ability to accommodate multiple boats or a 50+ ft vessel on a 58' DOCK. Existing waterfront improvements also include a sturdy BOATHOUSE with a 20k lift on a floating pad PLUS a double floating jet ski dock, providing immediate utility and added site value. The established dock infrastructure enhances the property's long-term flexibility and potential for permitted uses. The current residence is configured as a 3-bedroom plus DEN, 4 bath home. There is also a heated resurfaced pool, poolside gazebo, a concrete seawall and riprap. This well-maintained home sustained hurricane flood damage and presents an ideal setting for a new custom coastal estate or significant renovation. The ground level has had the lower two feet of drywall removed, and the kitchen has been taken out to streamline the rebuilding process. The home features impact windows throughout. Walk or bike to Venice Beach and the Village, known for its vibrant dining, boutiques, specialty shops, and charming parks. Rare opportunity to build new on an oversized deep-water parcel in an exceptional location.