$7,495,000
Est. payment /mo
0.76 Acres Lot
Active
15975 Alcima AVE Pacific Palisades, CA 90272
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25514961
HOA Y/N No
Lot Size 0.762 Acres
Lot Dimensions Assessor
Property Description
A rare opportunity to reimagine a once-iconic estate in the heart of the Pacific Palisades. Formerly home to a nearly 12,000 square foot custom-built contemporary farmhouse, this expansive, nearly one-acre lot offers an extraordinary chance to build your dream residence with panoramic sunrise-to-sunset ocean views. Set atop a private gated driveway just minutes from the Palisades Village, the property is perched above the coastline and surrounded by a serene microarea that remains largely intact offering both privacy and a sense of community. The previous home featured 7 bedrooms, 12 bathrooms, and a host of luxury amenities including a wellness retreat, theater, wine cellar, and expansive outdoor entertainment areas. Now, this blank canvas invites a new vision. Included in the sale are architectural plans the owner is prepared to transfer to the buyer, paving the way for a future build that honors the scale, elegance, and original intention of the residence. Whether you're looking to restore the estate's former glory or create a brand-new architectural masterpiece, the groundwork has been thoughtfully laid. This is a rare and compelling offering in one of LA's most coveted neighborhoodsa once-in-a-lifetime chance to create value, legacy, and an unrivaled lifestyle. The property appraised for $23,000,000 in 2022, presenting a remarkable opportunity to build with equity already in place. Debris removal is currently being completed privately.
Location
State CA
County Los Angeles
Area C15 - Pacific Palisades
Zoning LARE15
Interior
Fireplace No
Exterior
View Y/N Yes
View Catalina, Coastline, Ocean, Orchard, Panoramic
Building
Sewer Other
New Construction No
Others
Senior Community No
Tax ID 4420005001
Special Listing Condition Standard
Listed by Jacqueline Chernov • The Beverly Hills Estates