Skip main navigation
Sold for $2,475,000
  • $2,475,000

    516 El Medio Ave, Pacific Palisades, CA 90272

    --beds
    --baths
    8,171Square Feet
    Unimproved Land
    Built in ----
    8,171 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $21,474 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $21,474/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $21,474/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $21,474/mo

    Rent Zestimate®

    Refinance and save

    $15,749/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $15,749/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Breathtaking ocean views
    Welcome to a rare opportunity in the heart of Pacific Palisades, at the enviable address of 516 El Medio Avenue. This exclusive property, once a custom modern masterpiece, is poised for a transformative new chapter. While the home experienced damage during the recent wildfires, the lot now offers a unique potential for those with vision. Spanning a generous 8,000+ square feet, this vacant lot is primed for the construction of a dream residence. The original structure featured 5 bedrooms and 4.75 bathrooms, spread over a spacious 3,690 square feet. The location remains unmatched, offering a canvas for creativity and luxury. Imagine crafting a home that captures the breathtaking ocean views from the second story, complemented by the soothing Pacific breezes. Nestled near the end of the esteemed El Medio bluffs, this site provides the perfect backdrop for a tranquil yet sophisticated lifestyle allowing for a seamless transition to rebuilding. The location, paired with the vast potential for creating a bespoke living space, makes this offering an extraordinary opportunity in one of the most desirable neighborhoods along the coast. Whether envisioning a serene private yard with a pool, ample outdoor space for entertaining, or modern amenities tailored to your taste, this location invites you to realize a home that harmonizes elegance with the natural beauty of the Palisades. This is more than a plot of land; it's the foundation for a future filled with endless possibilities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam Jaret DRE # 01786090 310-562-4073,

    Compass,

    Scott Gibson DRE # 00692787 310-622-7401,

    Compass

    Bought with:

    Marco Rufo, DRE # 01362095

    The Agency

    Source: CLAW,MLS#: 25606009MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Mountain(s), Peek-A-Boo, Tree Top
    Lot
    • Size: 8,171 Square Feet
    Details
    • Parcel number: 4413017007
    • Zoning: LAR1
    • Special conditions: Standard

    Community & HOA

    Location
    • Region: Pacific Palisades

    Financial & listing details

    • Tax assessed value: $3,452,114
    • Annual tax amount: $41,212
    • Date on market: 10/15/2025

    Price history

    DateEventPrice
    10/31/2025Sold$2,475,000
    Source: CLAW #25606009 Report a problem
    10/23/2025Contingent$2,475,000
    Source: CLAW #25606009 Report a problem
    10/15/2025Listed for sale$2,475,000+137.8%
    Source: CLAW #25606009 Report a problem
    10/14/2003Sold$1,041,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$41,212 -21.3%$3,452,114 -20.3%
    2024$52,347 +2%$4,330,355 +2%
    2023$51,319 +4.9%$4,245,447 +2%
    2022$48,908 +1.2%$4,162,204 +2%
    2021$48,324 -1%$4,080,593 +1%
    2020$48,835 $4,038,753 +2%
    2019$48,835 +4.5%$3,959,563 +2%
    2018$46,718 $3,881,926 +2%
    2017$46,718 +2.2%$3,805,811 +2%
    2016$45,693 +2.2%$3,731,189 +9.3%
    2015$44,709 +22%$3,414,000 +14.3%
    2014$36,654 $2,987,000 +4.7%
    2012-- $2,852,000
    2011-- $2,852,000
    2010-- $2,852,000 -16.9%
    2009-- $3,429,955 +2%
    2008-- $3,362,702 +2%
    2007-- $3,296,767 +2%
    2006-- $3,232,125 +198.4%
    2005-- $1,083,056 +4%
    2004-- $1,041,000 +910.1%
    2003-- $103,061 +2%
    2002-- $101,041 +4%
    2000-- $97,119
    Find assessor info on the county website

    Neighborhood: Pacific Palisades

    Nearby schools

    GreatSchools rating