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$1,899,000
Est. payment /mo
0.25 Acres Lot
New
16635 Merrivale LN Pacific Palisades, CA 90272
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25517115
HOA Y/N No
Lot Size 0.254 Acres
Lot Dimensions Assessor
Property Description
Nestled in the prestigious Marquez Knolls, this expansive and predominantly flat corner lot presents a rare opportunity to build a custom single-level estate in one of Los Angeles' most sought-after enclaves. The previous residence was a 4-bedroom, 3-bathroom home spanning approximately 2,629 square feet. Under current building guidelines, there is an allowance for an additional 10% in square footage, along with access to an expedited permitting process offering both flexibility and development potential. While the property was impacted by the recent Palisades fire, it now serves as a blank canvas, ready for a visionary buyer to bring their dream home to life. The lot is subject to neighborhood CC&Rs and is currently in the queue for Phase 2 debris removal by the Army Corps of Engineers, which is scheduled to begin soon. Ideally located just minutes from pristine beaches, scenic hiking trails, top-rated schools, and the vibrant Palisades Village, this property offers the perfect blend of tranquility and convenience. With easy access to Santa Monica, Malibu, and Brentwood, it represents a rare investment opportunity in a community where lifestyle and luxury seamlessly converge. The seller is motivated and seeking serious offers. Don't miss the opportunity to restore, reimagine, and build your dream home in the heart of Pacific Palisades.
Location
State CA
County Los Angeles
Area C15 - Pacific Palisades
Zoning LAR1
Interior
Fireplace No
Exterior
View Y/N Yes
View Hills, Mountain(s), Trees/Woods
Building
New Construction No
Others
Senior Community No
Tax ID 4419010032
Special Listing Condition Standard

Listed by Manjeet Bhasin • Real Broker