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$$$ MAJOR PRICE ADJUSTMENT $$$ Perched within the most prestigious enclave of Pacific Palisades, this extraordinary coastal estate offers breathtaking, unobstructed views of the Pacific Ocean, stretching from Malibu to the Palos Verdes Peninsula with Catalina Island on the horizon. The light-filled main level features rich hardwood flooring, a sophisticated fireplace, a private balcony with amazing ocean views, a full bath, and two bedrooms (including a masterfully converted garage space). Note: Public tax records show 2BR/2BA, but the home functions beautifully as a 4BR/2.1BA. The self-contained lower level, accessed internally or via a discrete exterior entrance, serves as a private sanctuary or high-end income asset (Airbnb/rental) equipped with two bedrooms, a full bath, a second kitchen, a fireplace, and a large storage room. An additional powder room sits outside. This lower level has its own entry from outside and steps out to an astonishing multi-tiered backyard oasis framed by towering palm trees and lush greenery. The estate boasts rare, direct beach access via the neighborhood’s exclusive "People Bridge" over the PCH. Built for modern luxury and sustainability, the home features an advanced solar energy system with a Tesla backup battery and dual EV charging stations. Whether utilized as an elite dual-level investment property, a vibrant seaside retreat, or a premier development canvas to build your custom architectural masterpiece, this Pacific Palisades jewel is an acquisition of rare distinction. Hurry, this coastal treasure will not last!
Listing agent: Gary Khachatrian DRE #02092667 garysellsla@gmail.com, Listing office: Lyonsgate Realty California, Inc.
MLS data updated 10/16/2026, 9:09:44 PM PT
Source: CRMLS, MLS #: BB26171395
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 1, 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
$2,999,000Asking price recorded · Oct 1, 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.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.