Pacific Palisades, California, 90272
Listing ID #17289
$1,750,000.00
4 Beds
5 Baths
Single Family
Built In 2015
4480 SqFt
5957 SqFt
Your next investment is closer than you think
Property Description
Prime Palisades Lot – Selling Lower than any comp 🔥
The prior 4,480 sq ft home (built 2015) was lost in the Palisades fire. Existing plans are available to rebuild a 4,500 sq ft residence on this 6,000 sq ft lot. The City is streamlining the process.
✅ Current new construction resale values are $1,500–$1,700/sq ft ($6.7M–$7.6M). With rising demand and limited supply, projections within 24 months suggest values could push closer to $2,000/sq ft+.
✅ Deliver a high-end spec or custom home in a sought-after neighborhood with strong upside potential.
🚨 Ask about 521 Lombard Ave – seller has two premier lots available. BUY BOTH FOR 3M!