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$4,998,000
● Land - For Sale

1026 Enchanted Way

Pacific Palisades, CA 90272
bedrooms
Studio
bathrooms
0 Bath
$24,542
Est. Monthly

About This Property

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.
Unit Size
-
Days on Market
44 days
Land Size
0.85 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1965

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Last updated: 2 months ago (CLAW #26985521)

Price History

Date / Event Date Event Price
Sep 9, 2026 Listed by Compass $4,998,000
Listed by Compass
Jul 17, 2025 Listed by Rodeo Realty $5,000,000
Listed by Rodeo Realty
Sold before processing . Entered for comparables

Property Highlights

Exterior Details
Lot Features: Bluff, Flag Lot
Lot Size Area: 37240
Lot Size Units: Square Feet
Lot Size Acres: 0.8549
Lot Size Square Feet: 37240
Lot Size Dimensions: 172x212

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 21
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 7
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,229
  • Lot Size Depth Feet: 2,120
  • Lot Size Frontage Feet: 1,720
  • Total Building Area: 3,213
  • Building Area: 3,213
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 3,213
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 25473
  • Land Acres: 0000000855
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: TRACT NO 25473 LOT/SEC 4

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 262604

Zoning

  • Zoning: LARE15

Geography

  • Assessors Map Reference: 40-B2
  • Subdivision Tract Number: 25473
  • Parcel: 4419-003-014
  • Lot: 4
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0554
  • Longitude: -118.548

    Address

  • Full Address: 1026 Enchanted Way
  • Address - House Number: 1026
  • Address - Street Name: Enchanted
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C029
  • 4-Digit Zip Code: 2825
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,143,758
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2304
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 68
  • Final Value: 4,844,789
  • High Value: 5,961,168
  • Low Value: 3,728,411

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,306,039
  • Assessed Land Value: $3,542,041
  • Assessed Improvements Value: $1,763,998

    Sales

  • Current Sale Contract Date: Apr 28, 2021
  • Current Sale Recording Date: May 25, 2021
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 21-0835190
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 1026 Enchanted Way built and last sold?
The property at 1026 Enchanted Way was built in 1965 and last sold on Apr 28, 2021 for $5,100,000.
How much is this home worth?
The estimated value of the home located at 1026 Enchanted Way is $5,047,980.
What are some comparable homes to 1026 Enchanted Way?
There are currently no comparable homes to 1026 Enchanted Way.