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1243 Las Lomas Ave, Pacific Palisades, CA 90272

List Price: $3,795,000On Market FlagOn market
Jul 28, 20253,432 sqft4 beds0 baths
Listed by: Rod Aragon
License #: 00978710
Phone #: 310-863-1652
Sotheby's International Realty
Source:
CRMLS Logo
MLS #: 25569867

Property Description

Exclusive 'Protected' Sweeping Ocean View Land offering in Pacific Palisades. Perched at the top of a quiet, exclusive street, 1243 Las Lomas Avenue offers a rare opportunity to create a true legacy estate in one of the most coveted enclaves of Pacific Palisades. Priced at just $129.00 per square Foot! This enormous 29,380 square foot parcel is one of the largest buildable ocean-view land parcels in the area, with an unmatched canvas for a custom architectural masterpiece. Framing unobstructed views of Catalina Island and the Palos Verdes coastline, the property's elevated topography captures the full arc of west-facing sunsets and fills future interiors with natural light. With no neighbors in front or behind, the setting is both visually expansive and deeply private. Imagine a gated compound with an infinity-edge pool, terraced gardens, seamless indoor-outdoor flows, sunset terraces, panoramic decks, and long-view sightlines from nearly every room. Whether you envision modern minimalism or old-world grandeur, this land is build-ready and ideally oriented for light, privacy, and drama. Land of this scale with this level of views and privacy rarely become available in the Palisades. This is more than land; it's a singular opportunity to craft an estate that reflects the full potential of coastal California living. Professional property-walks are strongly recommended, as Land boundaries go well beyond what's visible in the cleared pad area. We work closely with a trusted design-build team offering full design, permitting, and construction expertise to bring your vision to life. If you're narrowing your choices and seeking a truly enduring ocean vantage, this rare parcel is unmistakably the one. With verifiably protected views and horizon preserved, it remains as captivating today as it will be tomorrow.
Assignment
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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

$56,448

TurboHome Estimated Value

$3,779,100

$1,101 sqft

High Valuation
$3,968,055
$1156/sqft
Normal Valuation
$3,779,100
$1101/sqft
Low Valuation
$3,590,145
$1046/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1101/sqft$3,779,100

Neighborhood: Pacific Palisades

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Comparative Value

$2.50M

$3.79M

$4.13M

$4.30M

$4.50M

$5.13M

1166 Lachman Ln, Pacific Palisades, CA 90272

Sale Price: $2,503,900

Selected Comparable

1243 Las Lomas Ave, Pacific Palisades, CA 90272

List Price: $3,795,000

Subject Property

741 Chapala Dr, Pacific Palisades, CA 90272

Sale Price: $4,125,000

Selected Comparable

614 Frontera Dr, Pacific Palisades, CA 90272

Sale Price: $4,300,000

Selected Comparable

614 Alma Real Dr, Pacific Palisades, CA 90272

Sale Price: $4,500,000

Selected Comparable

15921 Asilomar Blvd, Pacific Palisades, CA 90272

Sale Price: $5,125,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1243 Las Lomas Ave, Pacific Palisades, CA 90272

1243 Las Lomas Ave, Pacific Palisades, CA 90272

List: $3,795,000

Listed: 7/28/2025

Area:3,432 sqft
Price/sqft:$1,106
Beds:4
Baths:
Year Built:
Lot Size:28,617

Comparable Properties

COMPARABLE
Choose comps
15921 Asilomar Blvd, Pacific Palisades, CA 90272

15921 Asilomar Blvd, Pacific Palisades, CA 90272

Sale: $5,125,000

8/18/20250.96 mi

Area:3,457 sqft
Price/sqft:$1,482
Beds:4
Baths:
Year Built:
Weight:21.8%
741 Chapala Dr, Pacific Palisades, CA 90272

741 Chapala Dr, Pacific Palisades, CA 90272

Sale: $4,125,000

5/30/20251.22 mi

Area:3,422 sqft
Price/sqft:$1,205
Beds:4
Baths:
Year Built:
Weight:20.6%
1166 Lachman Ln, Pacific Palisades, CA 90272

1166 Lachman Ln, Pacific Palisades, CA 90272

Sale: $2,503,900

8/18/20250.57 mi

Area:2,735 sqft
Price/sqft:$916
Beds:4
Baths:
Year Built:
Weight:19.4%
614 Frontera Dr, Pacific Palisades, CA 90272

614 Frontera Dr, Pacific Palisades, CA 90272

Sale: $4,300,000

5/22/20251.27 mi

Area:3,180 sqft
Price/sqft:$1,352
Beds:4
Baths:
Year Built:
Weight:19.3%
614 Alma Real Dr, Pacific Palisades, CA 90272

614 Alma Real Dr, Pacific Palisades, CA 90272

Sale: $4,500,000

4/4/20251.31 mi

Area:3,188 sqft
Price/sqft:$1,412
Beds:4
Baths:
Year Built:
Weight:18.9%

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