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Exceptional RTI opportunity in Pacific Palisades offering the rare ability to immediately begin construction on a truly one-of-a-kind modern estate, with permits ready to issue and approved plans already in place. Set on an approximately 10,511 SF R1-zoned lot, this is an extraordinary chance to bring to life a stunning approximately 6,155 SF architectural residence in one of Los Angeles' most coveted coastal enclaves. Designed across three levels, the proposed 5-bedroom home blends scale, sophistication, and lifestyle, featuring an expansive open-concept great room, kitchen, and dining space that flows seamlessly to the backyard for effortless indoor-outdoor living. The upper level is anchored by a spectacular primary suite with fireplace, generous walk-in closet, and ocean views, while the lower level is envisioned as an entertainer's dream with lounge, bar, and private theater. A rooftop deck with outdoor kitchen, bar seating, and fire features further elevates the experience, complemented by a pool and spa designed to capture the essence of California luxury living. Positioned in an elevated Pacific Palisades setting with coastal outlooks, just moments from the Village, local schools, Santa Monica, and Malibu, this is a remarkable opportunity to complete a dream estate in an irreplaceable location with immediate building potential.
Listing agent: Emil Hartoonian DRE #01796925 EHartoonian@TheAgencyRE.com, Listing office: The Agency
MLS data updated 10/16/2026, 9:49:47 PM PT
Source: CRMLS, MLS #: 26691987
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 24, 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
$3,500,000Original asking price · Apr 24, 2026ZIP 90272 · Apr 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.