Location, lot and potential! Situated in desirable lower El Granada, just a short stroll from Surfers Beach, the Coastal Trail and local schools, this 2-bedroom, 1-bath home offers an exciting opportunity on an expansive 12,000 sq ft lot. With approximately 760 sq ft of living space, there's plenty of room to imagine what comes next. Refresh the existing home and enjoy the oversized yard, explore expansion possibilities, or pursue subdivision to create an additional parcel for future development or sale (subject to County requirements & approvals.) Inside, the home features an eat-in kitchen with gas range and refrigerator, a bathroom with a shower over the tub, and forced-air heating. A detached 2-car garage provides ample parking, storage and workshop space. The large yards were once home to thriving vegetable and flower gardens, as shown in the historical photos. Established fruit-bearing trees - 3 lemon, 4 apple & 2 pear - remain a reminder of what could flourish here again. Whether you're looking for a coastal home to make your own, room to expand, or the longer-term possibilities of an unusually large parcel, 978 Palma St offers multiple paths forward. Bring your vision and explore what 12,000 sq ft of possibility can offer in lower El Granada.