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Sold for $3,500,000
  • $3,500,000

    1243 Las Lomas Ave, Pacific Palisades, CA 90272

    --beds
    --baths
    0.66Acres
    Unimproved Land
    Built in ----
    0.66 Acres Lot
    $2,086,100 Zestimate®
    $--/sqft
    $19,600 Estimated rent

    Home value

    $2,086,100

    $1.69M - $2.63M

    $19,600/mo

    Zestimate® history
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    What's special

    Sweeping ocean view land
    Exclusive 'Protected' Sweeping Ocean View Land offering in Pacific Palisades. Perched at the top of a quiet, exclusive street, 1243 Las Lomas Avenue offers a rare opportunity to create a true legacy estate in one of the most coveted enclaves of Pacific Palisades. Priced at just $129.00 per square Foot! This enormous 29,380 square foot parcel is one of the largest buildable ocean-view land parcels in the area, with an unmatched canvas for a custom architectural masterpiece. Framing unobstructed views of Catalina Island and the Palos Verdes coastline, the property's elevated topography captures the full arc of west-facing sunsets and fills future interiors with natural light. With no neighbors in front or behind, the setting is both visually expansive and deeply private. Imagine a gated compound with an infinity-edge pool, terraced gardens, seamless indoor-outdoor flows, sunset terraces, panoramic decks, and long-view sightlines from nearly every room. Whether you envision modern minimalism or old-world grandeur, this land is build-ready and ideally oriented for light, privacy, and drama. Land of this scale with this level of views and privacy rarely become available in the Palisades. This is more than land; it's a singular opportunity to craft an estate that reflects the full potential of coastal California living. Professional property-walks are strongly recommended, as Land boundaries go well beyond what's visible in the cleared pad area. We work closely with a trusted design-build team offering full design, permitting, and construction expertise to bring your vision to life. If you're narrowing your choices and seeking a truly enduring ocean vantage, this rare parcel is unmistakably the one. With verifiably protected views and horizon preserved, it remains as captivating today as it will be tomorrow.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rod Aragon DRE # 00978710 310-863-1652,

    Sotheby's International Realty 805-495-2000,

    Marcella Ketelhut DRE # 02044046 805-630-8192,

    Equity Union

    Bought with:

    Marcella Ketelhut, DRE # 02044046

    Equity Union

    Rod Aragon, DRE # 00978710

    Sotheby's International Realty

    Source: CLAW,MLS#: 25569867MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 0.66 Acres
    Details
    • Parcel number: 4420008018
    • Zoning: LARE11
    • Special conditions: Standard

    Utilities & green energy

    • Water: District

    Community & HOA

    Community
    • Subdivision: Palisair Homeowner's Association
    Location
    • Region: Pacific Palisades

    Financial & listing details

    • Tax assessed value: $1,886,159
    • Annual tax amount: $22,822
    • Date on market: 7/28/2025

    Price history

    DateEventPrice
    1/6/2026Sold$3,500,000-7.8%
    Source: CLAW #25569867 Report a problem
    12/1/2025Contingent$3,795,000
    Source: CLAW #25569867 Report a problem
    7/28/2025Listed for sale$3,795,000+7.2%
    Source: CLAW #25569867 Report a problem
    7/28/2020Sold$3,540,000-1.5%
    Source: CLAW #19510632 Report a problem
    6/17/2020Pending sale$3,595,000
    Source: Amalfi Estates #19510632 Report a problem
    3/9/2020Price change$3,595,000-4.8%
    Source: Amalfi Estates #19510632 Report a problem
    1/21/2020Price change$3,775,000-4.4%
    Source: Amalfi Estates #19510632 Report a problem
    10/24/2019Listed for sale$3,950,000
    Source: Amalfi Estates #19510632 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,822 -51.2%$1,886,159 -49.8%
    2024$46,726 +4.2%$3,756,675 +2%
    2023$44,824 +4.9%$3,683,015 +2%
    2022$42,731 +1.2%$3,610,800 +2%
    2021$42,220 +5.5%$3,540,000 +732.7%
    2020$40,024 +610.7%$425,120 +2%
    2019$5,632 +5.8%$416,785 +2%
    2018$5,321 $408,614 +2%
    2017$5,321 +2.1%$400,603 +2%
    2016$5,213 +3%$392,749 +1.5%
    2015$5,064 +0.7%$386,851 +2%
    2014$5,028 $379,274 +2.5%
    2012-- $370,159 +2%
    2011-- $362,902 +0.8%
    2010-- $360,191 -0.2%
    2009-- $361,048 +2%
    2008-- $353,969 +2%
    2007-- $347,029 +2%
    2006-- $340,226
    2005-- $340,226 +4%
    2004-- $327,017 +113.6%
    2003-- $153,125 +2%
    2002-- $150,123 +9.7%
    2000-- $136,846
    Find assessor info on the county website

    Neighborhood: Pacific Palisades

    Nearby schools

    GreatSchools rating