Pacific Palisades, CA 90272,15975 Alcima AVE
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$ 7,495,000
Est. payment | /mo

0.76 Acres Lot


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$ 7,495,000
Est. payment | /mo
Save

0.76 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25514961

HOA Y/N No

Lot Size 0.762 Acres

Lot Dimensions Assessor

Property Description

A rare opportunity to reimagine a once-iconic estate in the heart of the Pacific Palisades. Formerly home to a nearly 12,000 square foot custom-built contemporary farmhouse, this expansive, nearly one-acre lot offers an extraordinary chance to build your dream residence with panoramic sunrise-to-sunset ocean views. Set atop a private gated driveway just minutes from the Palisades Village, the property is perched above the coastline and surrounded by a serene microarea that remains largely intact offering both privacy and a sense of community. The previous home featured 7 bedrooms, 12 bathrooms, and a host of luxury amenities including a wellness retreat, theater, wine cellar, and expansive outdoor entertainment areas. Now, this blank canvas invites a new vision. Included in the sale are architectural plans the owner is prepared to transfer to the buyer, paving the way for a future build that honors the scale, elegance, and original intention of the residence. Whether you're looking to restore the estate's former glory or create a brand-new architectural masterpiece, the groundwork has been thoughtfully laid. This is a rare and compelling offering in one of LA's most coveted neighborhoodsa once-in-a-lifetime chance to create value, legacy, and an unrivaled lifestyle. The property appraised for $23,000,000 in 2022, presenting a remarkable opportunity to build with equity already in place. Debris removal is currently being completed privately.

Location

State CA

County Los Angeles

Area C15 - Pacific Palisades

Zoning LARE15

Interior

Fireplace No

Exterior

View Y/N Yes

View Catalina, Coastline, Ocean, Orchard, Panoramic

Building

Sewer Other

New Construction No

Others

Senior Community No

Tax ID 4420005001

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jacqueline Chernov • The Beverly Hills Estates

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

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Exceptional Realtors

There are a number of solid and competent realtors that can help you navigate the paperwork needed to either close a sale or negotiate a purchase of a home. The number of exceptional realtors who can develop a effective markeketing plan based on research, investment and strength of intellect and character are few and hard to find. Patrick and Ruby Raymond are those exceptional realtors. In addition, the other members of their team were each exceptional and epitomize professionalism. When Patrick first approached me, he stated a price than our home would generate that exceeded what I thought the market would bear. Then he proceeded to explain how this sale price could happen. First, he knew our neighborhood and its strength and weaknesses regarding its saleability. Next, he revealed the investments he had made to obtain a data base of pre-qualified buyers from throughout our state and around the country. Finally, Patrick and Ruby provided an in depth strategy on how to stage our home, establish timelines, and present tools they would use to sell the home. Some of their strategies were known but not always followed by other realtors, and additional strategies were proprietary to the Raymond team. The result was that we received three offers each either meeting of exceeding what Patrick and Ruby first told us our home could sell for. Throughout the process they both remained calm and focused even when little hickups occurred. It was a learning experience for us when we had questions about staging the home I found out later from the buyers how much Rubys’ strategies influenced their purchasing decision. Needless to say it is without any reservations that we would recommend the Raymond team whether you are purchasing or selling a home. P.S. They even gave us great input on strategies on how to buy our current home in a very competitive market.

Heather Squire

Transparent, Reliable & Honest

Ruby was extremely helpful, open, transparent, and reliable through the whole process, she really cared about us, understood our needs. Ruby was always available to answer our questions. Ruby really is the best! She was thorough and professional and great to work with. She scheduled the inspection and pest company, made it so easy to get everything done. She was honest and forthright- no games. Would use her again tomorrow if we were to buy or sell in the area.

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

agent
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | ruby@rubyraymond.com

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