$19,996,000 Price Analysis   ♡   Pacific Palisades, CA 90272 7 bed 9 bath 11,500 SqFt ($1738/SqFt) 0.29 acre lot. Built 2024 Listed 2024-06-24, Taxes $49,101 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Thoughtfully conceived and brought to life with the highest degree of inspiration and craftsmanship
The Dragon by Jae Omar and JVE Development Group is the epitome of luxury, distinct soul and authentic narrative expressed as a livable work of art. The approximate 11, 500 sq.ft. residence is supremely positioned on an ultra-prime and rare oversized lot on the coveted rim side of Chautauqua. This idyllic setting boasts expansive views and ample privacy and is a short distance to the renowned Palisades Village. Upon approach, the home's facade is clad in vertical wooden planks, treated with the ancient Japanese technique of shou sugi ban, charring the planks with open flame to preserve the wood and provide a stunning matte black finish. As a stark contrast to the dark and moody exterior, the interior showcases a bright and vibrant atmosphere. The choice of materials and natural revealing of rooms is all highly intentional, guiding you on an immersive journey. The double height entryway opens to reveal a dramatic showcase of Jae Omar's signature design elements, including natural wood details that stretch up the walls to the vaulted ceilings, expansive panes of glass which perfectly frame curated courtyards, delicate plaster walls, live-edge finishes and showstopping stonework. A dedicated formal living room plays with unique window placements, while the dining room features a wall of sliding glass doors that open to reveal a mesmerizing two-story book matched stone waterfall.
The double-island gourmet kitchen is clad in glass and wood cabinetry which is seamlessly integrated with top-of-the-line appliances. A secondary living room is grounded by an angular stone fireplace accented with slatted marble panels. The rear section of the home is wrapped in sliding glass walls which open to a covered patio, allowing access to a verdant grassy lawn, sculptural stone firepit and sleek swimming pool complete with spa, all overlooking the lush canyon side and tranquil views. Dual powder rooms also add to the functionality of the home and in true Jae Omar fashion, are jewel boxes of inspired design. The primary suite sits on the second floor of the home and faces the rear of the property to take advantage of the elevated vantage point. Angular in frame and dramatic in scale, the suite includes a book matched stone fireplace, dedicated sitting area with full wet bar, custom walk-in closets, private balcony and a spa-grade bathroom. Resting under the home's upper floors is the wellness level that gives off a feeling of relaxing solitude, filled with natural rough-faced surfaces, artfully curated stone pits and the culmination of the home's two-story waterfall into the plunge pool. Alongside the plunge pool is an exercise area with an adjoning steam shower and sauna. Rounding out this level is a sleek glass-enclosed wine cellar with accompanying bar and a plush home theater. Methodically designed and executed at every turn, The Dragon is a true piece of masterful art set as the foundation for luxury living in one of the most coveted locations in the world.
Presented by Aaron Kirman at
Christie's AKG.
Property MLS #24-405335 from TheMLSCLAW
Full Bathrooms: 7
1/2 Bathrooms: 2
Family Room Description: 1
Laundry Features: Laundry Area
Fireplace Features: Living Room, Master Bedroom
Heating Features: Central
Number of Fireplaces: 3
Flooring: Wood, Mixed
Pool Private: Yes
Spa Features: In Ground
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 12645
Garage Description: Driveway, Garage - 4+ Car
Parking Total: 6
Other Equipment: Garbage Disposal, Freezer, Range/Oven, Refrigerator, Dishwasher, Dryer, Washer, Built-Ins, Barbeque, Elevator
Calculated Total Monthly Association Fees: 0
County: Los Angeles
Directions: On Chautauqua Blvd between Albright and Bashford.
Source Property Type: Residential
Area: Pacific Palisades
Source Neighborhood: Pacific Palisades
Parcel Number: 4423-009-029
Postal Code Plus 4: 3806
Zoning: LAR1
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $836,400 + $3,345,600 $4,182,000 | $49,101 |
| 2021 | $54,328 + $109,151 $163,479 | $2,180 |
| 2020 | $53,771 + $108,032 $161,803 | $2,197 |
| 2019 | $52,717 + $105,914 $158,631 | $2,120 |
| 2018 | $51,684 + $103,838 $155,522 | $2,067 |
| 2017 | $50,671 + $101,802 $152,473 | $2,026 |
| 2016 | $49,678 + $99,806 $149,484 | $1,960 |
| 2015 | $48,932 + $98,307 $147,239 | $1,933 |
| 2014 | $47,974 + $96,382 $144,356 | $1,952 |
| 2013 | $47,758 + $95,947 $143,705 | $1,946 |
| 2012 | $46,822 + $94,066 $140,888 | $1,969 |
| 2010 | $45,904 + $92,222 $138,126 | $1,943 |
| 2009 | $45,670 + $91,751 $137,421 | $1,871 |
| 2009 | $45,561 + $91,533 $137,094 | $1,871 |
| 2008 | $44,775 + $89,952 $134,727 | $1,800 |
| 2007 | $43,898 + $88,189 $132,087 | $1,736 |
$19,996,000
TheMLSCLAW
Listing removed 2024-06-19
$0
TheMLSCLAW
Listed 2024-04-04
$21,995,000
TheMLSCLAW
Sold 2021-04-29
$4,100,000
Public Record
Listing removed 2020-12-04
$0
TheMLSCLAW
Price Changed 2020-09-09
$4,200,000
TheMLSCLAW
Listed 2020-07-24
$4,395,000
TheMLSCLAW
Year Built: 2024
Common Walls: Detached/No Common Walls
Levels: Multi Levels
Living Area Source: Estimated
New Construction: Yes
Levels or Stories: 3
Building Total Stories: 3
Structure Type: Detached
House Style: Architectural
Year Built Source: Builder
Architectural Style: Architectural
Map directions Map directions Map directions Map directions
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  | |||
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.