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.
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
- 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#: 25522251

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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