
1047 Chautauqua Blvd Pacific Palisades, CA 90272
Pacific Palisades NeighborhoodEstimated payment $16,944/month
About This Lot
Located in the Alphabet Streets, mere blocks from Palisades Village, this 7,073-square-foot parcel offers a premier opportunity to take part in the Palisades' next chapter. Prior to the recent wildfire event, the site included a newly constructed modern residence -- completed in Dec. 2023 -- with 6,402 square feet of refined living, including 7 en suite bedrooms and 9 bathrooms. Delivered with the sale are previously approved architectural plans (2022) for the former home with highlights including a thoughtfully designed layout with a private elevator, gourmet kitchen with butler's pantry, formal dining room, expansive primary suite, a lower-level retreat with rec room and theater, and an attached two-car garage. The exterior space was designed for resort-style living, complete with a rooftop deck with far-reaching ocean views and a backyard with a pergola-shaped patio, pool, and spa. The property was deferred to Phase 2 environmental remediation and this will be completed at no cost to the buyer. Located just moments from Palisades Village, with seamless access to the Westside and beyond via Sunset Boulevard and PCH, this exceptional offering presents a significant head start toward crafting a dream residence while contributing to the revitalization of this cherished coastal enclave.
Property Details
Property Type
- Land
Est. Annual Taxes
- $42,723
Year Built
- 1949
Lot Details
- 7,073 Sq Ft Lot
- Lot Dimensions are 50x141
- Property is zoned LAR1
Property Views
- Ocean
- Panoramic
- City
- Canyon
- Mountain
Location
- City Lot
Listing and Financial Details
- Assessor Parcel Number 4423-009-016
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $42,723 | $3,537,360 | $2,829,888 | $707,472 |
2023 | $41,885 | $3,468,000 | $2,774,400 | $693,600 |
2022 | $39,916 | $3,400,000 | $2,720,000 | $680,000 |
2021 | $11,603 | $963,860 | $816,840 | $147,020 |
2020 | $11,722 | $953,978 | $808,465 | $145,513 |
2019 | $11,256 | $935,273 | $792,613 | $142,660 |
2018 | $11,176 | $916,935 | $777,072 | $139,863 |
2016 | $10,693 | $881,332 | $746,899 | $134,433 |
2015 | $10,536 | $868,094 | $735,680 | $132,414 |
2014 | $10,575 | $851,091 | $721,270 | $129,821 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/25/2025 04/25/25 | For Sale | $2,398,000 | -71.3% | -- |
05/06/2024 05/06/24 | Sold | $8,360,000 | -4.7% | $1,277 / Sq Ft |
04/10/2024 04/10/24 | Pending | -- | -- | -- |
04/05/2024 04/05/24 | Price Changed | $8,775,000 | -6.4% | $1,340 / Sq Ft |
03/14/2024 03/14/24 | For Sale | $9,375,000 | 0.0% | $1,432 / Sq Ft |
03/05/2014 03/05/14 | Rented | $4,300 | -4.4% | -- |
03/05/2014 03/05/14 | Under Contract | -- | -- | -- |
01/27/2014 01/27/14 | For Rent | $4,500 | -- | -- |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $8,360,000 | Fidelity National Title | |
Grant Deed | $3,400,000 | Equity Title Company | |
Interfamily Deed Transfer | -- | None Available | |
Warranty Deed | -- | None Available | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $5,775,000 | New Conventional | |
Previous Owner | $3,980,000 | Construction |
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Source: The MLS
MLS Number: 25530551

APN: 4423-009-016
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