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$4,998,000
Listing Price3beds
3baths
3,213sqft
37,229sqft lot
1026 Enchanted Way, Pacific Palisades, CA 90272
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Unobstructed 180-Degree Ocean Views! Perched above the canyon on a rare and expansive 37,240 sq ft (0.85-acre) parcel, 1026 Enchanted Way in the Marquez Knolls neighborhood presents a compelling opportunity to build a world-class residence in the heart of Pacific Palisades. This exceptional flag lot offers unparalleled privacy, seclusion, and security--ideal for a gated ultra-luxury compound--while showcasing unobstructed, head-on ocean views that stretch endlessly across the horizon without the potential for future development to impede them. The offering includes conceptual Architectural Plans from John Andrews Group Architects Inc for an impressive 12,311 sq ft architectural residence featuring 6 bedrooms, 11 bathrooms, and grand-scale living spaces designed to capture breathtaking 180-degree ocean views from every level. Also included in the sale are a Slope Analysis, an Architectural Survey, and the final Debris Removal Permit. With an approximately 20,000 sq ft pad site and ideal layout for a gated approach, this property provides a valuable foundation for developers or end-users seeking to create a legacy estate. Many homes surrounding the property survived the wildfire event, thereby expediting the return to normalcy in the immediate neighborhood and reducing the likelihood of construction noise over an extended period. Supremely located in one of the Westside's most idyllic coastal communities, just under 10 minutes' drive from Palisades Village, premier dining, shop
Interior Details
3213
3
3
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
37229
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Contemporary
Stucco
N/A
Gable
Rock / Gravel
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$3,641
$116,326
$139,640
--%
$255,966
2019
$3,641
$114,046
$136,902
--%
$250,948
2018
$3,335
$111,810
$134,218
--%
$246,028
2017
$3,271
$109,618
$131,587
--%
$241,205
2016
$3,164
$107,469
$129,007
--%
$236,476
2014
$3,155
$103,782
$124,581
--%
$228,363
2013
$3,149
$103,313
$124,018
--%
$227,331
2012
$3,109
$101,288
$121,587
--%
$222,875
Average Home Price in 90272
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





