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$ 12,498,000

Est. payment | -/mo

5 Beds

5 Baths

5,081 SqFt

Save

$ 12,498,000

Est. payment | -/mo

Save

5 Beds

5 Baths

5,081 SqFt

Open House

Tue Sep 08, 11:00am - 2:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,081 sqft

Price per Sqft $2,459

MLS Listing ID 26876445

Bedrooms 5

Full Baths 4

Half Baths 1

HOA Fees $400/ann

HOA Y/N Yes

Year Built 1951

Lot Size 0.992 Acres

Property Sub-Type Single Family Residence

Property Description

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.

Location

State CA

County Los Angeles

Area C15 - Pacific Palisades

Zoning LARE15

Interior

Interior Features Utility Room, Walk-In Pantry, Walk-In Closet(s)

Heating Radiant

Flooring Carpet, Tile

Fireplaces Type Family Room, Living Room

Furnishings Unfurnished

Fireplace Yes

Appliance Barbecue, Dishwasher, Refrigerator

Laundry Laundry Room

Exterior

Parking Features Circular Driveway, Carport, Driveway, Pull-through

Carport Spaces 2

Pool In Ground

View Y/N Yes

View Canyon, Mountain(s)

Porch Brick, Open, Patio

Total Parking Spaces 8

Building

Lot Description Back Yard, Front Yard, Yard

Story 1

Entry Level One

Architectural Style Mid-Century Modern

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4425021001

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by F. Ron Smith Compass #00961954

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1601 Capri DR Los Angeles, CA 90272