19
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$2,495,000
Est. payment /mo
0.26 Acres Lot
Price Dropped by $400K
729 Enchanted Way Pacific Palisades, CA 90272
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25522251
Lot Size 0.257 Acres
Acres 0.257
Property Description
An exceptional RTI (Ready-to-Issue) development opportunity with sweeping, unobstructed ocean views on a generous 11,197 sq ft lot in the heart of Pacific Palisades. Perched to capture dramatic vistas from Catalina Island to Topanga Point, this rare offering allows a buyer or developer to break ground immediately, eliminating the long wait typically associated with permitting and design.The existing RTI plans present a thoughtfully designed layout, but they may be modified to suit the buyer's needs offering the flexibility to add bedrooms, bathrooms, or reconfigure interior spaces. There is ample room for a pool, and the expansive basement level provides additional space for a gym, theater, wine cellar, office, or guest quarters. Located just minutes from Palisades Village, this parcel offers both seclusion and convenience close to top-rated schools, high-end shops, acclaimed restaurants, and scenic hiking trails. This is a rare opportunity to build a custom home in one of Los Angeles' most prestigious neighborhoods, with the hard work already done.Don't miss the chance to create a legacy property with commanding ocean views and unrivaled potential. Inquire for further details and next steps. The seller does not require the buyer to purchase the property with plans; such inclusion is offered solely at the buyer's discretion and is not a condition of the sale.
Location
State CA
County Los Angeles
Area Pacific Palisades
Zoning LAR1
Exterior
View Y/N Yes
View Panoramic, Ocean, Mountains
Building
Lot Description Secluded, Street Paved, Yard
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard
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Listed by Douglas Elliman