Listing Agent: F. Ron Smith      Broker/Office: Compass
1601 Capri Drive Los Angeles CA 90272
$ 12,498,000
  5   |    4 Full  1 Half   |    5081 Sq Feet

Listing ID

#26876445

Status

Active

Property Type

Single Family Residence

Property Style

Mid-Century Modern

County

Los Angeles

Year Built

1951

Days on website

6

Description
Spanning a nearly one-acre lot in Pacific Palisades' coveted Riviera neighborhood, this property presents a compelling opportunity to create a significant custom estate in one of the Westside's most desirable residential enclaves. Offered on the open market for the first time since the 1950s, the expansive 43,229-square-foot parcel provides remarkable scale and possibility, with the potential to capture ocean views from the second level or roof deck of a future residence. A single-level Mid Century Modern home built in 1951 currently occupies the property, spanning 5,081 square feet with five bedrooms and five bathrooms. While the existing residence reflects the architectural character of its era, the property's generous proportions and prominent setting create an exciting canvas for a buyer looking to reimagine the site for the next generation. An Architectural Survey and Underbuilt Report are included with the sale to help inform future development possibilities. Located in the heart of the Riviera, the property enjoys close proximity to Riviera Country Club, the boutiques and dining along San Vicente Boulevard, Palisades Village, and the natural beauty of the surrounding coastline and Santa Monica Mountains. With nearly an acre of land in an exceptional Riviera setting, this is an increasingly uncommon opportunity to envision a substantial new estate in one of the Westside's most distinguished neighborhoods.
Location
Financial Information
List Price:  $ 12498000
Property Features
Appliances:  Barbecue, Dishwasher, Refrigerator
Association Fee Frequency:  Annually
Flooring:  Carpet, Tile
Furnished:  Unfurnished
Heating:  Radiant
Levels:  One
Lot Features:  Yard
Parking Features:  Carport, Driveway
Patio And Porch Features:  Brick, Open, Patio
Senior Community YN:  false
View:  Canyon
Senior Community YN:  false
MLS Area Major:  C15 - Pacific Palisades
City:  Los Angeles
Listed By:   F. Ron Smith   Compass 
Co-listed by
David Berg  
CA Lic#