1055 El Medio Ave, Pacific Palisades, CA 90272

$6,195,000
3
BD
3
BA
2,214
SqFt
List Price
$6,195,000
Price Change
▼ $300,000 1684357679
MLS#
23-251347
Year Built
1956
Bedrooms
3
Bathrooms
3
Living Sq. Ft
2,214
Lot Size
30,566
Days on Market
199
Property Type
Single Family Residential
Style
Ranch
Stories
1

Property Description

Build Your Dream Estate: Private Promontory of Mountain and Ocean Views on nearly 3/4 Acres! This private promontory ocean and mountain view lot features over 338ft+ of frontage exemplifying the 270 degrees of ocean views. This lot offers incredible potential to build a 10,000+ SF private and secluded estate that has massive ocean, city, and mountain views on a 30K+ SF lot in the highly sought-after Upper El Medio of Pacific Palisades only moments to Palisades village. This lot boasts breathtaking vistas perched on a view knoll surrounded by nature and lush trees overlooking multiple $20M+ estates. The long driveway leads to the private and secure lot, offering a peaceful, serene retreat while being in close proximity to Palisades Village, scenic hiking trails and the beach. The existing 2,214 SF 3 bed 2.5 bath home on the lot features a pool, detached garage with bonus room, and ample parking that can be leased out while obtaining your entitlements. This property is NOT located in the California Coastal Commission jurisdiction (buyer to verify). This is one of very few ocean view promontory lots in the Palisades with this proximity to the Palisades Village, lot size, privacy, and the potential to build a $20M+ house in the Palisades.

Additional Information

Other Buildings
Other
Pool
Yes
Pool Description
In Ground
Heat
Central
Cooling
None
View
City Lights, Mountains, Ocean, Coastline, City
Number of Cars in Garage
Garage Is Detached

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of , Ryan Jancula - CA DRE#

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