Spanning a nearly one-acre lot in Pacific Palisades' coveted Riviera neighborhood, this property presents a compelling opportunity to create a significant custom estate in one of the Westside's most desirable residential enclaves. Offered on the open market for the first time since the 1950s, the expansive 43,229-square-foot parcel provides remarkable scale and possibility, with the potential to capture ocean views from the second level or roof deck of a future residence. A single-level Mid Century Modern home built in 1951 currently occupies the property, spanning 5,081 square feet with five bedrooms and five bathrooms. While the existing residence reflects the architectural character of its era, the property's generous proportions and prominent setting create an exciting canvas for a buyer looking to reimagine the site for the next generation. An Architectural Survey and Underbuilt Report are included with the sale to help inform future development possibilities. Located in the heart of the Riviera, the property enjoys close proximity to Riviera Country Club, the boutiques and dining along San Vicente Boulevard, Palisades Village, and the natural beauty of the surrounding coastline and Santa Monica Mountains. With nearly an acre of land in an exceptional Riviera setting, this is an increasingly uncommon opportunity to envision a substantial new estate in one of the Westside's most distinguished neighborhoods.
| MLS # | 26876445 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $400 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 19 |
| Listing Provided By | Compass | F. Ron Smith |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 5,081 |
| Car Port | Yes |
| Story(s) | 1 |
| Zoning | LARE15 |
| Acreage | 0.99 |
| Property View | Yes |
| Heating | Radiant |
|---|---|
| Heating Yes / No | Yes |
| Interior Features | Utility Room, Walk In Pantry, Walk In Closets |
| Furnished | Unfurnished |
| Appliances | Barbecue, Dishwasher, Refrigerator |
| Fireplace Yes / No | Yes |
| Lot Features | Back Yard, Front Yard, Yard |
|---|
| Parking Features | Circular Driveway, Carport, Driveway, Pull Through |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90272 |
| Area | C15 Pacific Palisades |
| Listing VS Median (in 90272) | |
Price: $12,498,000 low | high Med: $1,037,500 sqft: 5,081 low | high Med: 1,411 $ / sqft: $2,460 low | high Med: $868 On site: 19 low | high Med: 38.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90272 |
| Area | C15 Pacific Palisades |
| Listing VS Median (in 90272) | |
Price: $12,498,000 low | high Med: $1,037,500 sqft: 5,081 low | high Med: 1,411 $ / sqft: $2,460 low | high Med: $868 On site: 19 low | high Med: 38.5 | |