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Lot/land
  • Price cut: $400K (8/6)
    $2,495,000

    729 Enchanted Way, Pacific Palisades, CA 90272

    --beds
    --baths
    0.26Acres
    Unimproved Land
    Built in ----
    0.26 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Commanding ocean viewsSweeping unobstructed ocean viewsSpace for a pool
    An exceptional RTI (Ready-to-Issue) development opportunity with sweeping, unobstructed ocean views on a generous 11,197 sq ft lot in the heart of Pacific Palisades. Perched to capture dramatic vistas from Catalina Island to Topanga Point, this rare offering allows a buyer or developer to break ground immediately eliminating the long wait typically associated with permitting and design. There is space for a pool, along with the basement level offering additional space for a gym, theater, wine cellar, office, or guest quarters. Located just minutes from Palisades Village, this parcel offers both seclusion and convenience close to top-rated schools, high-end shops, acclaimed restaurants, and scenic hiking trails. This is a great opportunity to build a custom home in one of Los Angeles' most prestigious neighborhoods, with the hard work already done. Don't miss the chance to create a legacy property with commanding ocean views and unrivaled potential. Inquire for further details and next steps. The seller does not require the buyer to purchase the property with plans; such inclusion is offered solely at the buyer's discretion and is not a condition of the sale.
    132 days
    on Zillow
    |
    535
    |
    31
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 06, 2025 at 01:46am

    Listed by:

    Adam Cohen DRE # 01976896 818-903-6097,

    Douglas Elliman 310-595-3888,

    Christopher Cortazzo DRE # 01190363 310-457-3995,

    Compass

    Source: CLAW,MLS#: 25522251MLS Logo
    Travel times

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Panoramic, Ocean, Mountain(s)
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 0.26 Acres
    • Features: Secluded, Yard
    Details
    • Parcel number: 4419005062
    • Zoning: LAR1
    • Special conditions: Standard

    Community & HOA

    Location
    • Region: Pacific Palisades

    Financial & listing details

    • Tax assessed value: $3,662,208
    • Annual tax amount: $44,338
    • Date on market: 4/7/2025
    • Road surface type: Paved
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