Skip main navigation
Lot/land
  • $2,600,000

    1131 Tellem Dr, Pacific Palisades, CA 90272

    --beds
    --baths
    0.33Acres
    Unimproved Land
    Built in ----
    0.33 Acres Lot
    $2,104,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Breathtaking Catalina and panoramic ocean views highlight this exceptional 14,508 sq ft, mostly flat lot, one of the few available one-third-acre ocean-view properties in Pacific Palisades. Previously home to a 2,469 sq ft residence, the property offers the potential to build approximately 3,997 sq ft above grade, plus a basement and potential ADU, subject to buyer verification and applicable approvals. The expansive building site provides ample space to create a world-class custom estate with a resort-caliber backyard featuring a pool, outdoor kitchen, gardens, and seamless indoor-outdoor living and entertaining. Ideally located just minutes from beaches, newly reopened hiking trails, Palisades Village, top-rated schools, and the Westside, this rare offering presents an exceptional opportunity to be part of the rebirth of Pacific Palisades while creating a legacy estate in one of Los Angeles' most coveted coastal communities.
    9 days
    |
    263
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Anthony Marguleas DRE # 01173073 310-293-9280,

    Amalfi Estates 310-573-4245

    Source: CLAW,MLS#: 26863673MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Mountain(s), Catalina, Coastline, Panoramic, Ocean, Water
      • Has water view: Yes
      • Water view: Catalina,Coastline,Ocean,Water
      Lot
      • Size: 0.33 Acres
      • Dimensions: 85 x 165
      Details
      • Parcel number: 4420022003
      • Zoning: LARE15
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: In Street

      Community & HOA

      Location
      • Region: Pacific Palisades

      Financial & listing details

      • Tax assessed value: $2,042,040
      • Annual tax amount: $24,666
      • Date on market: 7/26/2026

        Estimated market value

        $2,104,800

        $1.75M - $2.50M

        $13,499/mo

        Price history

        DateEventPrice
        7/26/2026Listed for sale$2,600,000+366.8%
        Source: CLAW #26863673 Report a problem
        1/9/1995Sold$557,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$24,666 +106.1%$2,042,040 +115.1%
        2024$11,966 +1.9%$949,170 +2%
        2023$11,744 +4.7%$930,560 +2%
        2022$11,214 +1.3%$912,314 +2%
        2021$11,070 -1%$894,426 +1%
        2020$11,180 $885,255 +2%
        2019$11,180 +5.4%$867,898 +2%
        2018$10,609 $850,881 +2%
        2017$10,609 +2.2%$834,198 +2%
        2016$10,385 +2.4%$817,842 +1.5%
        2015$10,143 +1%$805,558 +2%
        2014$10,038 $789,779 +2.5%
        2012-- $770,796 +2%
        2011-- $755,683 +0.8%
        2010-- $750,036 -0.2%
        2009-- $751,819 +2%
        2008-- $737,078 +2%
        2007-- $722,626 +2%
        2006-- $708,457
        2005-- $708,457 +4%
        2004-- $680,948 +1.9%
        2003-- $668,469 +2%
        2002-- $655,362 +4%
        2000-- $629,916
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Pacific Palisades

        Getting around

        16 / 100
        Car-Dependent
        4 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

          1. Local buyer's agents are ready to help