Unobstructed 180-Degree Ocean Views! Perched above the canyon on a rare and expansive 37,240 sq ft (0.85-acre) parcel, 1026 Enchanted Way in the Marquez Knolls neighborhood presents a compelling opportunity to build a world-class residence in the heart of Pacific Palisades. This exceptional flag lot offers unparalleled privacy, seclusion, and security--ideal for a gated ultra-luxury compound--while showcasing unobstructed, head-on ocean views that stretch endlessly across the horizon without the potential for future development to impede them. The offering includes conceptual Architectural Plans from John Andrews Group Architects Inc for an impressive 12,311 sq ft architectural residence featuring 6 bedrooms, 11 bathrooms, and grand-scale living spaces designed to capture breathtaking 180-degree ocean views from every level. Also included in the sale are a Slope Analysis, an Architectural Survey, and the final Debris Removal Permit. With an approximately 20,000 sq ft pad site and ideal layout for a gated approach, this property provides a valuable foundation for developers or end-users seeking to create a legacy estate. Many homes surrounding the property survived the wildfire event, thereby expediting the return to normalcy in the immediate neighborhood and reducing the likelihood of construction noise over an extended period. Supremely located in one of the Westside's most idyllic coastal communities, just under 10 minutes' drive from Palisades Village, premier dining, shopping, and the beach. A rare offering where privacy, scale, and irreplaceable ocean views converge, poised to become one of Pacific Palisades' most extraordinary custom homes.
Lot/land
$4,998,000
1026 Enchanted Way, Pacific Palisades, CA 90272
--beds
--baths
0.85Acres
Unimproved Land
Built in ----
0.85 Acres Lot
$3,863,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 62 days
- 56
- 2
Zillow last checked:
Listing updated:
Listed by:
David Berg DRE # 01481236 310-500-3931,
Compass 310-500-3931,
F. Ron Smith DRE # 00961954 310-500-3931,
Compass
Source: CLAW,MLS#: 26985521
Facts & features
Property
Features
- Has view: Yes
- View description: Ocean, Coastline, Panoramic, Mountain(s), Canyon, City Lights
- Has water view: Yes
- Water view: Ocean,Coastline
- Frontage type: Bluff Front
Lot
- Size: 0.85 Acres
- Dimensions: 172 x 212
- Features: Flag Lot, Cul-De-Sac
Details
- Parcel number: 4419003014
- Zoning: LARE15
- Special conditions: Standard
Community & HOA
Location
- Region: Pacific Palisades
Financial & listing details
- Tax assessed value: $5,000,000
- Date on market: 9/9/2026
Estimated market value
$3,863,900
$3.17M - $4.56M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $4,998,000-3.9% |
Source: | ||
| 8/26/2026 | Listing removed | $5,200,000 |
Source: | ||
| 6/24/2026 | Listed for sale | $5,200,000 |
Source: | ||
| 6/10/2026 | Contingent | $5,200,000 |
Source: | ||
| 4/10/2026 | Listed for sale | $5,200,000+4% |
Source: | ||
| 7/17/2025 | Sold | $5,000,000-2% |
Source: | ||
| 5/25/2021 | Sold | $5,100,000 |
Source: Public Record Report a problem | ||
| 11/8/2013 | Listing removed | $6,395 |
Source: Zillow Rental Network Report a problem | ||
| 10/26/2013 | Price change | $6,395-8.6% |
Source: Zillow Rental Network Report a problem | ||
| 8/20/2013 | Price change | $6,995-6.7% |
Source: Zillow Rental Network Report a problem | ||
| 5/6/2013 | Listed for rent | $7,500 |
Source: Zillow Rental Network Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $5,000,000 +108.7% |
| 2025 | $28,991 -55.9% | $2,395,340 -55.7% |
| 2024 | $65,735 +2% | $5,412,158 +2% |
| 2023 | $64,450 +4.9% | $5,306,039 +2% |
| 2022 | $61,438 +1544% | $5,202,000 +1911.5% |
| 2021 | $3,737 -0.7% | $258,617 +1% |
| 2020 | $3,764 | $255,966 +2% |
| 2019 | $3,764 +12.8% | $250,948 +2% |
| 2018 | $3,336 | $246,028 +2% |
| 2017 | $3,336 +2% | $241,205 +2% |
| 2016 | $3,272 +3.4% | $236,476 +1.5% |
| 2015 | $3,164 +0.3% | $232,925 +2% |
| 2014 | $3,156 | $228,363 +2.5% |
| 2012 | -- | $222,875 +2% |
| 2011 | -- | $218,505 +0.8% |
| 2010 | -- | $216,873 -0.2% |
| 2009 | -- | $217,390 +2% |
| 2008 | -- | $213,128 +2% |
| 2007 | -- | $208,950 +2% |
| 2006 | -- | $204,854 |
| 2005 | -- | $204,854 +4% |
| 2004 | -- | $196,901 +1.9% |
| 2003 | -- | $193,293 +2% |
| 2002 | -- | $189,504 +4% |
| 2000 | -- | $182,147 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Pacific Palisades
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