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$2,475,000
Est. payment /mo
8,215 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 25606009
HOA Y/N No
Lot Size 8,215 Sqft
Property Description
Welcome to a rare opportunity in the heart of Pacific Palisades, at the enviable address of 516 El Medio Avenue. This exclusive property, once a custom modern masterpiece, is poised for a transformative new chapter. While the home experienced damage during the recent wildfires, the lot now offers a unique potential for those with vision. Spanning a generous 8,000+ square feet, this vacant lot is primed for the construction of a dream residence. The original structure featured 5 bedrooms and 4.75 bathrooms, spread over a spacious 3,690 square feet. The location remains unmatched, offering a canvas for creativity and luxury. Imagine crafting a home that captures the breathtaking ocean views from the second story, complemented by the soothing Pacific breezes. Nestled near the end of the esteemed El Medio bluffs, this site provides the perfect backdrop for a tranquil yet sophisticated lifestyle allowing for a seamless transition to rebuilding. The location, paired with the vast potential for creating a bespoke living space, makes this offering an extraordinary opportunity in one of the most desirable neighborhoods along the coast. Whether envisioning a serene private yard with a pool, ample outdoor space for entertaining, or modern amenities tailored to your taste, this location invites you to realize a home that harmonizes elegance with the natural beauty of the Palisades. This is more than a plot of land; it's the foundation for a future filled with endless possibilities.
Location
State CA
County Los Angeles
Area C15 - Pacific Palisades
Zoning LAR1
Interior
Fireplace No
Exterior
View Y/N Yes
View Mountain(s), Peek-A-Boo
Building
New Construction No
Others
Senior Community No
Tax ID 4413017007
Special Listing Condition Standard
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Listed by Adam Jaret Compass

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."
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