15975 Alcima Avenue, Pacific Palisades, CA 90272

$7,495,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Agent Remarks

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.

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# 25514961

Price: $7,495,000

Beds: 0

Baths: 0

0.76 acres

Lot size: 0.7623

County: Los Angeles

Zoning: LARE15

MLS area: C15 - Pacific Palisades