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A rare opportunity to reimagine an exceptional ocean-view estate in the coveted Upper Alphabet Streets. This elevated, flat 7,800-square-foot street-to-street lot offers sweeping coastal views and unparalleled development potential. The previous 5,636-square-foot residence featured six bedrooms plus an office and six-and-a-half baths. The property is now fully cleared and construction-ready, allowing for a brand-new three-level home of approximately 6,200 square feet (including the 10% bonus), with ample room for a pool and expansive outdoor living. Original 2015 architectural plans are available, and the street-to-street configuration (Bestor to Whitfield) provides rare ease of access and design flexibility. The former home was thoughtfully designed with formal dining and family rooms, a great room, guest entry, indoor and outdoor fireplaces, theater, wine room, pool, and exceptional ocean views, offering a compelling blueprint for what can be re-envisioned. Phase 1 EPA remediation and Phase 2 debris removal are complete, presenting a clean slate for immediate development. An extraordinary opportunity to build a legacy estate in one of Pacific Palisades' most desirable locations.
Listing agent: Marco Rufo DRE #01362095 info@marcorufo.com, Listing office: The Agency
MLS data updated 10/25/2026, 3:10:00 PM PT
Source: CRMLS, MLS #: 26644825
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 29, 2026
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
$2,999,000Original asking price · Jan 29, 2026ZIP 90272 · Jan 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.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.
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.