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16635 Merrivale Ln, Pacific Palisades, CA 90272

List Price: $1,899,000On Market FlagOn market
Mar 28, 20252,629 sqft4 beds0 baths
Listed by: Manjeet Bhasin
License #: 02031719
Phone #: 323-474-9822
Real Broker
Source:
CRMLS Logo
MLS #: 25517115

Property Description

Nestled in the prestigious Marquez Knolls, this expansive and predominantly flat corner lot presents a rare opportunity to build a custom single-level estate in one of Los Angeles' most sought-after enclaves. The previous residence was a 4-bedroom, 3-bathroom home spanning approximately 2,629 square feet. Under current building guidelines, there is an allowance for an additional 10% in square footage, along with access to an expedited permitting process offering both flexibility and development potential. While the property was impacted by the recent Palisades fire, it now serves as a blank canvas, ready for a visionary buyer to bring their dream home to life. The lot is subject to neighborhood CC&Rs and is currently in the queue for Phase 2 debris removal by the Army Corps of Engineers, which is scheduled to begin soon. Ideally located just minutes from pristine beaches, scenic hiking trails, top-rated schools, and the vibrant Palisades Village, this property offers the perfect blend of tranquility and convenience. With easy access to Santa Monica, Malibu, and Brentwood, it represents a rare investment opportunity in a community where lifestyle and luxury seamlessly converge. The seller is motivated and seeking serious offers. Don't miss the opportunity to restore, reimagine, and build your dream home in the heart of Pacific Palisades.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$55,140

TurboHome Estimated Value

$2,787,500

$1,060 sqft

High Valuation
$2,926,875
$1113/sqft
Normal Valuation
$2,787,500
$1060/sqft
Low Valuation
$2,648,125
$1007/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1060/sqft$2,787,500

Neighborhood: Pacific Palisades

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Comparative Value

$1.75M

$1.90M

$2.00M

$2.65M

$2.94M

16614 Pequeno Pl, Pacific Palisades, CA 90272

Sale Price: $1,750,000

Selected Comparable

16635 Merrivale Ln, Pacific Palisades, CA 90272

List Price: $1,899,000

Subject Property

1349 Berea Pl, Pacific Palisades, CA 90272

Sale Price: $1,935,000

Selected Comparable

15461 De Pauw St, Pacific Palisades, CA 90272

Sale Price: $1,995,000

Selected Comparable

15103 Albright St, Pacific Palisades, CA 90272

Sale Price: $2,650,000

Selected Comparable

1299 Chautauqua Blvd, Pacific Palisades, CA 90272

Sale Price: $2,935,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
16635 Merrivale Ln, Pacific Palisades, CA 90272

16635 Merrivale Ln, Pacific Palisades, CA 90272

List: $1,899,000

Listed: 3/28/2025

Area:2,629 sqft
Price/sqft:$722
Beds:4
Baths:
Year Built:
Lot Size:11,077

Comparable Properties

COMPARABLE
Choose comps
1349 Berea Pl, Pacific Palisades, CA 90272

1349 Berea Pl, Pacific Palisades, CA 90272

Sale: $1,935,000

7/31/20251.32 mi

Area:2,977 sqft
Price/sqft:$650
Beds:4
Baths:
Year Built:
Weight:21.4%
1299 Chautauqua Blvd, Pacific Palisades, CA 90272

1299 Chautauqua Blvd, Pacific Palisades, CA 90272

Sale: $2,935,000

4/9/20251.40 mi

Area:2,462 sqft
Price/sqft:$1,192
Beds:4
Baths:
Year Built:
Weight:21.2%
16614 Pequeno Pl, Pacific Palisades, CA 90272

16614 Pequeno Pl, Pacific Palisades, CA 90272

Sale: $1,750,000

4/28/20250.07 mi

Area:2,061 sqft
Price/sqft:$849
Beds:4
Baths:
Year Built:
Weight:21.2%
15461 De Pauw St, Pacific Palisades, CA 90272

15461 De Pauw St, Pacific Palisades, CA 90272

Sale: $1,995,000

7/11/20251.23 mi

Area:3,635 sqft
Price/sqft:$549
Beds:4
Baths:
Year Built:
Weight:18.3%
15103 Albright St, Pacific Palisades, CA 90272

15103 Albright St, Pacific Palisades, CA 90272

Sale: $2,650,000

4/4/20251.25 mi

Area:2,615 sqft
Price/sqft:$1,013
Beds:5
Baths:
Year Built:
Weight:17.9%

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