231 Alma Real Dr, Pacific Palisades, CA 90272

5 beds, 5.5 baths, 5,964 sqft
Sold: $7,050,000
Sold on 04/02/13
Zestimate®: $6,722,675
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Walled & Gated Medit Estate W/ Breathtaking Ocean & Cyn Vus On One of The Largest & Most Pvt Lots In The Huntington. Set On Just Under 1 Acre Amidst Towering Old Growth Trees W/ Expansive Park-Like Grounds, Ocean Breezes & The Sound & Site of Waves Breaking On The Shore, This Extraordinary Property Represents A Very Rare Offering In This Extremely Desirable Neighborhood. Now After Many Years The Slope Beneath The Property Leading Into Protrero Canyon Has Been Graded & Stabilized By The City of La W/ Oversight By Grover Hollingsworth Geologists. As Part of The Grading, Substantial Footage Was Converted From Hillside To Horizontal, Extending The Property's Ocean-View Flat Land. Close To The Beach, Shops & Rec Ctr, Yet Affording Grt Pvcy. Ideal Flr Plan W/ 4 Brs Up, Each W/ Bth + Md's & Bth Dn. Gracious Entry W/ Soaring Ceiling & Sweeping Stair Leads To Flr, Fdr, Bar/Music Rm & Library W/ Blt-Ins. Inviting Fam Rm Adj To Kitch. All Important Rms Open To Patios, Lawn & One-Of-A-Kind Vus.  MoreLess
 
Facts
  • Lot: 0.88 acres
  • Single Family
  • Built in 1937
  • Last sold: Apr 2013 for $7,050,000
  • Price/sqft: $1,182
Features
  • Parking: 1 space
    Construction
    • Room count: 14
    • # Stories: 2.0
    • Unit count: 1
    Other
    • Floor size: 5,964 sqft
    • Last remodel year: 1955
    • Lot depth: 202
    • Parcel #: 4411020003
    • Zillow Home ID: 20540516
    Home Values
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    $6,722,675
    +$0 Last 30 daysd
    $6.12M
    $7.39M
    Zestimate range
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    $34,964/mo
    +$990 Last 30 daysd
    $17K
    $52K
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    Neighborhood for 231 Alma Real Drive

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    Zillow predicts Pacific Palisades home values will increase 4.7% next year, compared to a 5.9% increase for Los Angeles as a whole. Among Pacific Palisades homes, this home is valued 199.6% more than the midpoint (median) home, and is valued 24% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In the Pacific Palisades market, the number of foreclosures waiting to be sold shrank 9.9% in the last year. The number of unsold foreclosures is 63.8% lower than in Los Angeles, and 74.6% lower than the national average. This lower local number could help Pacific Palisades home values rise more quickly than other regions in Los Angeles.

    Learn more about forecast calculations or Pacific Palisades home values.
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