$10,500,000 Price Analysis   ♡   Pacific Palisades, CA 90272 5 bed 5 bath 5,376 SqFt ($1953/SqFt) 0.29 acre lot. Built 1951 Listed 2024-05-29, Taxes $33,268 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Offered either as a separate home to purchase with approximately 12
500 square foot lot or as an incredibly hard to find option as a double-lot when combined with purchasing the adjoining lot at 1040 Corsica Drive. With purchasing both lots, total lot size is boasting apx. 25, 000 square foot flat lot on one the best and most prestigious and gorgeous tree-lined streets in the Pacific Palisades Riviera; within a short distance to the world recognized Riviera Country Club; one of the greatest golf courses in the world and host to the greatest golf tournaments in the world. The home as-is by itself is 5, 376 square feet, with a 12, 500 square foot single lot, offering a pleasing traditional style home that with a seamless blend of comfort and sophistication across its open and open floor plan that seamlessly flows to the outdoors, taking full advantage of the incredible and truly breathtaking landscaped grounds that provide multiple outdoors to enjoy.
Dive into relaxation in the shimmering pool, unwind in th bubbling hot tub. Excluding the primary suite and nursery, all 4 secondary bedrooms are downstairs. One of the downstairs bedroom suites can easily be used as a secondary primary. Large kitchen, featuring top-of-the-line appliances and a layout designed for culinary mastery, with a large breakfast area nearby, all opening to the massive family room with cozy fireplace and secondary breakfast area with bay window to enjoy the views of the incredible yard. Whether you host casual meals in the family room or host elegant dinner parties in the formal dining room, each offers its own unique ambiance. Ascend upstairs to the 2, 500 square foot second-story primary suite that overlooks the property. Indulge in the spa-like bathroom area with a unique skylit shower and find inspiration in the well-appointed office space that is currently used as a nursery. The suite also provides a massive closet with an entire additional room behind a secret door that storage is never an issue. If purchasing both lots together, at a price of $16, 495m you have the rare opportunity to purchase two excellent flat lots side-by-side; to either keep as-is, build a legendary estate. Includes plans to build a 12, 000 square feet modern home.
Presented by Robert Radcliffe at
Sotheby's International Realty - Pacific Palisades Brokerage.
Property MLS #24-385701 from TheMLSCLAW
Full Bathrooms: 5
Family Room Description: 1
Exercise Room: Yes
Laundry Features: Inside
Fireplace Features: Family Room, Living Room
Heating Features: Central
Number of Fireplaces: 2
Flooring: Carpet, Hardwood
Spa Features: In Ground, Hot Tub, Heated
Garage Description: Attached, Carport, Garage, Gated, Side By Side
Parking Total: 5
Lot Size Acres: 0.2869376
Lot Size Dimensions: 100x125
Lot Size Square Feet: 12499
Other Equipment: Barbeque, Built-Ins, Dryer, Dishwasher, Garbage Disposal, Hood Fan, Intercom, Microwave, Phone System, Range/Oven, Refrigerator, Trash Compactor, Washer
Other Courts
Paddle Tennis
Pool
Spa
Sun Deck
Calculated Total Monthly Association Fees: 0
Barbecue Private
High Ceilings (9 Feet+)
Source Listing Status: Active
County: Los Angeles
Directions: South of Sunset Blvd between Amalfi and Capri.
Source Property Type: Residential
Area: Pacific Palisades
Source Neighborhood: Pacific Palisades
Parcel Number: 4408-007-006
Postal Code Plus 4: 4012
Zoning: LARE11
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1,405,626 + $1,381,286 $2,786,912 | $33,268 |
| 2021 | $1,378,065 + $1,354,202 $2,732,267 | $32,852 |
| 2020 | $1,363,935 + $1,340,317 $2,704,252 | $33,190 |
| 2019 | $1,337,192 + $1,314,037 $2,651,229 | $31,869 |
| 2018 | $1,310,973 + $1,288,272 $2,599,245 | $31,690 |
| 2017 | $1,285,268 + $1,263,012 $2,548,280 | $31,004 |
| 2016 | $1,260,067 + $1,238,248 $2,498,315 | $30,298 |
| 2015 | $1,241,140 + $1,219,649 $2,460,789 | $29,854 |
| 2014 | $1,216,828 + $1,195,758 $2,412,586 | $29,939 |
| 2013 | $1,211,329 + $1,190,354 $2,401,683 | $29,935 |
| 2012 | $1,187,578 + $1,167,014 $2,354,592 | $30,337 |
| 2010 | $1,164,293 + $1,144,132 $2,308,425 | $29,668 |
| 2009 | $1,158,338 + $1,138,280 $2,296,618 | $28,558 |
| 2009 | $1,155,592 + $1,135,582 $2,291,174 | $28,558 |
| 2008 | $1,135,626 + $1,115,961 $2,251,587 | $27,317 |
| 2007 | $1,113,359 + $1,094,080 $2,207,439 | $26,422 |
$0
TheMLSCLAW
Listed 2024-05-29
$10,500,000
TheMLSCLAW
Listed 2024-04-03
$16,495,000
TheMLSCLAW
Listing removed 2016-06-11
$29,500
TheMLSCLAW
Listed for rent 2016-04-05
$29,500
TheMLSCLAW
Listing removed 2015-07-22
$27,500
TheMLSCLAW
Price Changed for rent 2015-07-02
$27,500
TheMLSCLAW
Listed for rent 2015-06-04
$35,000
TheMLSCLAW
Year Built: 1951
Common Walls: Detached/No Common Walls
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 73
Levels or Stories: 2
Building Total Stories: 2
Structure Type: Detached
House Style: Traditional
Year Built Source: Vendor Enhanced
Architectural Style: Traditional
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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.