$2,495,000
PENDING $1M PRICE DROP

Estimated payment $16,285/month

Total Views 2,772
0.15 Acre
$16,767,473 Price per Acre
6,480 Sq Ft Lot

About This Lot

17757 Tramonto Drive, Pacific Palisades Prime Ocean-View Development Opportunity | Ready-to-Build (RTI) Plans Included. This exceptional property offers a rare opportunity to build a world-class residence in one of the most coveted locations in Los Angeles. Previously designed by renowned architects and approved for construction, the property comes with RTI (Ready-to-Issue) permits, allowing a buyer to commence building immediately without the usual lengthy approval process. Very rare opportunity. Set against the breathtaking backdrop of the Santa Monica Mountains and overlooking the Pacific Ocean, this incredible parcel captures views of Topanga Point. Thoughtfully designed, the approved plans envision an award-winning modern architectural masterpiece that seamlessly integrates indoor and outdoor living, maximizing natural light, ocean breezes, and a deep connection to the surrounding landscape. The planned home features expansive glass walls, open-concept living spaces, and luxurious amenities designed for both privacy and grand entertaining. A spectacular backyard concept includes cascading water features, a black onyx reflecting pool, and terraced seating areas. The architectural vision prioritizes sustainability, with energy-efficient systems, recycled materials, and innovative building techniques that harmonize with the natural surroundings. The plans call out for the Square footage of 4,365 and 4 bedrooms and 4 bathrooms. This is an extraordinary opportunity for a buyer or developer to bring a visionary estate to life without the usual delays. Land and a property with RTI permits is very rare to find. Seize the chance to build something truly remarkable in this exclusive enclave. For more details on the approved plans and development potential, please inquire.

Listing Agent

Robert Radcliffe

Sotheby's International Realty License #01132704

Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,322

Year Built

  • 1954

Lot Details

  • 6,480 Sq Ft Lot
  • Lot Dimensions are 66x98
  • Property is zoned LAR1

Property Views

  • Ocean
  • Skyline

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4416-026-042

Property Details

Property Type

Land

Est. Annual Taxes

$28,322

Year Built

1954

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1488
  • Lot Dimensions: 66x98
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1954

Exterior Features

  • View: Ocean, Skyline
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4416-026-042
  • Lot Size Area: 6480

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $28,322 $2,332,547 $1,866,039 $466,508
2023 $27,771 $2,286,811 $1,829,450 $457,361
2022 $26,472 $2,241,973 $1,793,579 $448,394
2021 $26,156 $2,198,013 $1,758,411 $439,602
2019 $25,368 $2,132,820 $1,706,256 $426,564
2018 $25,239 $2,091,000 $1,672,800 $418,200
2016 $16,754 $1,395,719 $1,116,578 $279,141
2015 $16,506 $1,374,755 $1,099,806 $274,949
2014 $16,556 $1,347,827 $1,078,263 $269,564
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $2,495,000 -16.7% --
03/21/2025 03/21/25 Price Changed $2,995,000 -14.3% --
03/04/2025 03/04/25 For Sale $3,495,000 -- --
Source: The MLS

Deed History

Date Type Sale Price Title Company
Grant Deed -- Provident Title Company
Grant Deed -- Pacific Coast Title
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Grant Deed $2,050,000 Fidelity Sherman Oaks
Interfamily Deed Transfer -- None Available
Grant Deed $1,280,000 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,001,816 Construction
Previous Owner $4,422,000 Construction
Previous Owner $2,000,000 Construction
Previous Owner $1,024,000 Purchase Money Mortgage
Source: Public Records

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Source: The MLS

MLS Number: 25505853

The MLS

APN: 4416-026-042