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$4,998,000
Est. payment /mo
0.85 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26985521
Lot Size 0.855 Acres
Acres 0.8549
Property Description
Unobstructed 180-Degree Ocean Views! Perched above the canyon on a rare and expansive 37,240 sq ft (0.85-acre) parcel, 1026 Enchanted Way in the Marquez Knolls neighborhood presents a compelling opportunity to build a world-class residence in the heart of Pacific Palisades. This exceptional flag lot offers unparalleled privacy, seclusion, and security--ideal for a gated ultra-luxury compound--while showcasing unobstructed, head-on ocean views that stretch endlessly across the horizon without the potential for future development to impede them. The offering includes conceptual Architectural Plans from John Andrews Group Architects Inc for an impressive 12,311 sq ft architectural residence featuring 6 bedrooms, 11 bathrooms, and grand-scale living spaces designed to capture breathtaking 180-degree ocean views from every level. Also included in the sale are a Slope Analysis, an Architectural Survey, and the final Debris Removal Permit. With an approximately 20,000 sq ft pad site and ideal layout for a gated approach, this property provides a valuable foundation for developers or end-users seeking to create a legacy estate. Many homes surrounding the property survived the wildfire event, thereby expediting the return to normalcy in the immediate neighborhood and reducing the likelihood of construction noise over an extended period. Supremely located in one of the Westside's most idyllic coastal communities, just under 10 minutes' drive from Palisades Village, premier dining, shopping, and the beach. A rare offering where privacy, scale, and irreplaceable ocean views converge, poised to become one of Pacific Palisades' most extraordinary custom homes.
Location
State CA
County Los Angeles
Area Pacific Palisades
Zoning LARE15
Exterior
View Y/N Yes
View Ocean, Coastline, Panoramic, Mountains, Canyon, City Lights
Building
Lot Description Raw Land, Bluff Front, Lot Shape-Flag
Others
Special Listing Condition Standard
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Listed by Compass
NEARBY SCHOOL & BUSINESS
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