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One of the best ocean-view lots to ever come to market in The Highlands. Perched in the ideal setting to take in head on ocean views and gorgeous verdant hillside scenery. Large flat pad with an infinity pool and spa that were built with numerous expensive caissons. It doesn't get better than staring at the Pacific Ocean while relaxing in your pool and spa. The Highlands is roaring back with most homes already occupied. The former home was 4,477 sqft above ground, allowing for an even larger home under the expedited rebuild policy. In addition to this incredible property, the HOA includes the Palisades Hills Rec center, featuring a clubhouse, a pool and spa, multiple tennis courts, basketball, a fitness center and play area. In addition, the Palisades Drive Recreation Association has a baseball field, a running track, an outdoor fitness area and a dog park. Residents in the neighborhood also enjoy the many hiking and biking trails in the Santa Monica Mountains. This lot is the envy of the neighborhood and is the ideal place to build your dream home. Seize the opportunity while you can.
Listing agent: Joseph Cilic DRE #01421044 joe.cilic@sothebys.realty, Listing office: Sotheby's International Realty
MLS data updated 10/24/2026, 6:16:22 PM PT
Source: CRMLS, MLS #: 26989301
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 16, 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
$1,825,000Original asking price · Sep 16, 2026ZIP 90272 · Sep 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.