$2,750,000
SOLD APR 15, 2025
0.23 Acre
$11,993,022 Price per Acre
9,989 Sq Ft Lot

Recently Sold

$1,215 Per Sq Ft

5% Below List Price

25 Days on Market

About This Lot

As of April 2025

Nestled in the highly coveted Castellamare enclave of Pacific Palisades, 318 Bellino Drive presents an exceptional opportunity for developers, investors, and visionary buyers looking to build in one of Los Angeles' most sought-after coastal neighborhoods. Spanning 9,989 square feet, this prime lot offers a blank canvas for a luxury residence with potential for breathtaking ocean and canyon views from a future second story. The previous structure, rebuilt in 2015, was a 4,200 sq.ft. modern home featuring 5 bedrooms and 5.5 baths with an open interior floor plan and 3 outdoor terraces designed for seamless indoor-outdoor living. With limited buildable land remaining in Castellamare, this offering stands as a prime investment in an area known for its enduring buyer demand, coastal luxury, and architectural significance. Contact us to explore the full potential of 318 Bellino Drive.

Last Agent to Sell the Property

Peter Zimble

Carolwood Estates License #02048379

Last Buyer's Agent

Gary Lee

High Ten Partners, Inc. License #01182914

High Ten Partners, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $79,922

Year Built

  • 1953

Lot Details

  • 9,989 Sq Ft Lot
  • Lot Dimensions are 63x125
  • Property is zoned LAR1

Property Views

  • Ocean
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 4416-014-057

Property Details

Property Type

Land

Est. Annual Taxes

$79,922

Year Built

1953

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2293
  • Lot Dimensions: 63x125
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1953

Exterior Features

  • View: Ocean, Mountains
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4416-014-057
  • Lot Size Area: 9989

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $2,750,000 -5.0% $1,215 / Sq Ft
04/08/2025 04/08/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $2,895,000 -53.7% $1,279 / Sq Ft
05/24/2024 05/24/24 Sold $6,250,000 -3.8% $1,488 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $6,495,000 +13.9% $1,546 / Sq Ft
10/21/2015 10/21/15 Sold $5,700,000 +3.7% $1,357 / Sq Ft
08/14/2015 08/14/15 For Sale $5,495,000 +332.7% $1,308 / Sq Ft
04/26/2013 04/26/13 Sold $1,270,000 0.0% $561 / Sq Ft
01/10/2013 01/10/13 Pending -- -- --
01/05/2013 01/05/13 Off Market $1,270,000 -- --
12/27/2012 12/27/12 For Sale $1,200,000 -- $530 / Sq Ft
Source: The MLS

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 $79,922 $6,615,333 $6,383,219 $232,114
2023 $78,351 $6,485,621 $6,258,058 $227,563
2022 $74,543 $6,358,452 $6,135,351 $223,101
2021 -- -- -- --
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $2,750,000 Cypress Escrow And Settlement
Grant Deed $6,250,000 Equity Title Company
Source: Public Records

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Source: The MLS

MLS Number: 25510427

The MLS

APN: 4416-014-057