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- Listed price
- $2,195,000
- Listed Jul 26, 2026
- Last sold price
- No recorded sale
14,508 sqft lot00|86 MLS days on market
1131 Tellem Dr, Pacific Palisades, CA 90272
Property Description
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.
Listing agent: Anthony MarguleasDRE #01173073anthony@amalfiestates.com, Listing office: Amalfi Estates
MLS data updated 10/31/2026, 5:02:10 AM PT
Source: CRMLSMLS #: 26863673
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$2,195,000
Oct 20, 2026
Available records22026
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,195,000Asking price recorded · Oct 20, 2026ZIP 90272 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsJul 26, 2026 – Oct 20, 2026
ZIP 90272 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.