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$ 2,495,000
Est. payment /mo
New
16620 Linda TER Pacific Palisades, CA 90272
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25622129
HOA Y/N No
Property Description
Start building right away, active permit in hand! A rare and remarkable opportunity to re-build a premier ocean-view estate set at the end of a quiet cul-de-sac in lower Marquez Knolls five minutes from Palisades Village. With millions already invested in the foundation, this is far from a vacant lot with existing caissons, basement structure, and pool in place (buyer to verify). This expansive 11,579 SF lot offers breathtaking panoramic ocean views, exceptional privacy, and the ideal canvas to develop the ultimate estate in luxury and comfort within one of the neighborhood's most sought-after pockets. The property previously held a newly completed 8,000+ SF architectural finished in 2024 prior to the Palisades fire, these plans are active and the new owner can start building immediately (buyer to verify). The new construction featured 7 bedrooms, 9 baths, amazing decks and outdoor space, movie theater, full bar, large wine room, wellness room and sauna, resort-style pool and spa, outdoor kitchen, and more. With that scale and amenity profile already established, this standout lot offers the optimal ready-to-build footprint to recreate a home of unparalleled design, livability, and commanding ocean views at extraordinary value. An opportunity not to be missed for a developer or end-user looking to build a custom estate in a quiet enclave known for its charm and captivating coastal beauty - all just moments to Palisades Village, top-rated schools, hiking trails, and world-class beaches. A must-see.
Location
State CA
County Los Angeles
Area C15 - Pacific Palisades
Zoning LAR1
Interior
Fireplace No
Exterior
View Y/N Yes
View City Lights, Mountain(s), Ocean
Building
New Construction No
Others
Senior Community No
Tax ID 4419014019
Special Listing Condition Standard
Listed by Ryan Jancula Compass