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With unobstructed, panoramic, gorgeous views of the Santa Ynez Mountain Ridge, the rock formations and the Beautiful Blue Pacific, this 19,840 square foot lot has a large building pad of approximately 10,000 square feet. THE HILLS ARE ALIVE IN THE PALISADES HIGHLANDS! The recovery from the Palisades fire in this area is years ahead of most of the burned out areas in the rest of town. It feels very close to normal living. With the restaurants (Spruzzo, Moku Sushi, Starbucks and Cafe Vida, which is coming soon), there is a strong community feel and the fire is starting to fade into memory as we all heal together. These Monte Hermoso parcels are stepped, which allows for great privacy from adjacent neighbors. The former house was 4,683 square feet plus a 3-car garage. According to the fire rebuild expedited permit policy, a 5,151 square foot main house could be built. A basement plus a 1,200 square foot ADU could be added without effecting the main house. The pool seems to be intact, subject to buyer inspections. The HOA includes the Palisades Hills Rec center, featuring a clubhouse, two tennis courts, a pool and spa, a fitness center, basketball and a children's play area. Also, the Palisades Drive Recreation Association is a neighborhood facility that includes a baseball field, a running track, an outdoor fitness area and a dog park. There are 3 nearby trailheads to the endless hiking and biking trails of the Santa Monica Mountains. The elevation is above the June-Gloom marine layer, creating sunny weather when it is overcast down below. From this location, the mountains and ocean are a visual extension of the indoor/outdoor lifestyle that is extremely peaceful. The proximity to all of the amenities creates a lifestyle that is hard to beat.
Listing agent: Eric Knight DRE #00977963 eric@ericknightenterprises.com, Listing office: Pinnacle Estate Properties
MLS data updated 10/24/2026, 4:12:36 PM PT
Source: CRMLS, MLS #: 26853677
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 27, 2026
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This home · nearest recorded event
$1,650,000Asking price recorded · Sep 27, 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.