1601 Capri Drive, Pacific Palisades (Los Angeles), CA 90272

$12,498,000
5
BD
4.5
BA
5,081
SqFt

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List Price
$12,498,000
Status
ACTIVE
MLS#
CL26876445
Days on Market
23
Property Type
Single Family Residence
Bedrooms
5
Bathrooms
4.5
Half-baths
1
Living Area
5,081
Lot Size
43,229
Lot Description
Back Yard

Property Description

Spanning a nearly one-acre lot in Pacific Palisades' coveted Riviera neighborhood, this property presents a compelling opportunity to create a significant custom estate in one of the Westside's most desirable residential enclaves. Offered on the open market for the first time since the 1950s, the expansive 43,229-square-foot parcel provides remarkable scale and possibility, with the potential to capture ocean views from the second level or roof deck of a future residence. A single-level Mid Century Modern home built in 1951 currently occupies the property, spanning 5,081 square feet with five bedrooms and five bathrooms. While the existing residence reflects the architectural character of its era, the property's generous proportions and prominent setting create an exciting canvas for a buyer looking to reimagine the site for the next generation. An Architectural Survey and Underbuilt Report are included with the sale to help inform future development possibilities. Located in the heart of the Riviera, the property enjoys close proximity to Riviera Country Club, the boutiques and dining along San Vicente Boulevard, Palisades Village, and the natural beauty of the surrounding coastline and Santa Monica Mountains. With nearly an acre of land in an exceptional Riviera setting, this is an increasingly uncommon opportunity to envision a substantial new estate in one of the Westside's most distinguished neighborhoods.

Additional Information

Stories
One Story
Hoa Fee
$400
Hoa Freq
Annually
Year Built
1951
Acres
0.99
Views
Canyon, Mountain(s)
Flooring
Carpet, Tile
Kitchen Features
Dishwasher, Pantry, Other, Refrigerator
Pool Description
In Ground
Fireplace Description
Family Room, Living Room
Garage Description
Other
Heating
Radiant
Parking Description
Other
Yard Description
Back Yard, Front Yard, Other
Laundry Features
Laundry Room

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Calculator source: Real Geeks

Listing courtesy of F. Ron Smith from Compass

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