Listing Courtesy of:
Compass
Agency Phone: 310-437-7500
Associate Name: Ryan Jancula
Listing Shown by:
Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000
Start building right away, active permit in hand! A rare and remarkable opportunity to re-build a premier ocean-view estate set at the end of a quiet cul-de-sac in lower Marquez Knolls five minutes from Palisades Village. With millions already invested in the foundation, this is far from a vacant lot with existing caissons, basement structure, and pool in place (buyer to verify). This expansive 11,579 SF lot offers breathtaking panoramic ocean views, exceptional privacy, and the ideal canvas to develop the ultimate estate in luxury and comfort within one of the neighborhood's most sought-after pockets. The property previously held a newly completed 8,000+ SF architectural finished in 2024 prior to the Palisades fire, these plans are active and the new owner can start building immediately (buyer to verify). The new construction featured 7 bedrooms, 9 baths, amazing decks and outdoor space, movie theater, full bar, large wine room, wellness room and sauna, resort-style pool and spa, outdoor kitchen, and more. With that scale and amenity profile already established, this standout lot offers the optimal ready-to-build footprint to recreate a home of unparalleled design, livability, and commanding ocean views at extraordinary value. An opportunity not to be missed for a developer or end-user looking to build a custom estate in a quiet enclave known for its charm and captivating coastal beauty - all just moments to Palisades Village, top-rated schools, hiking trails, and world-class beaches. A must-see.
Listed By
Agency Name: Compass
Agency Phone: 310-437-7500
Agent Name: Ryan Jancula
Shown By
Agency Title: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000
Estimated Payment
$ 6,280.50 per month $5,552.79 Principal & Interest $0.00 Property Tax (data not provided by mls) $727.71 Homeowner's Insurance
16620 Linda Terrace | MLS# 25622129
This land located at 16620 Linda Terrace, Pacific Palisades, CA 90272 is currently listed for sale with an asking price of $2,495,000. The property has approximately 0.27 Acres. Search Pacific Palisades real estate on www.cce-escrow.com today.