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1243 Las Lomas Ave, Pacific Palisades, CA 90272

List Price: $3,795,000On Market FlagOn market
Jul 28, 20253,435 sqft4 beds3 baths
Listed by: Rod Aragon
License #: 00978710
Phone #: 310-863-1652
Sotheby's International Realty
Source:
CRMLS Logo
MLS #: 25569867

Property Description

Once-in-a-Generation PRIME 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.
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

$62,649

TurboHome Estimated Value

$3,985,800

$1,160 sqft

High Valuation
$4,185,090
$1218/sqft
Normal Valuation
$3,985,800
$1160/sqft
Low Valuation
$3,786,510
$1102/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1160/sqft$3,985,800

Neighborhood: Pacific Palisades

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Comparative Value

$2.51M

$2.65M

$2.86M

$3.33M

$3.79M

$5.00M

16754 Calle De Catalina, Pacific Palisades, CA 90272

Sale Price: $2,514,935

Selected Comparable

17152 Avenida De Santa Ynez, Pacific Palisades, CA 90272

Sale Price: $2,650,000

Selected Comparable

817 Radcliffe Ave, Pacific Palisades, CA 90272

Sale Price: $2,860,000

Selected Comparable

16719 Bollinger Dr, Pacific Palisades, CA 90272

Sale Price: $3,325,000

Selected Comparable

1243 Las Lomas Ave, Pacific Palisades, CA 90272

List Price: $3,795,000

Subject Property

1026 Enchanted Way, Pacific Palisades, CA 90272

Sale Price: $5,000,000

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:3,435 sqft
Price/sqft:$1,105
Beds:4
Baths:3
Year Built:
Lot Size:28,627

Comparable Properties

COMPARABLE
Choose comps
817 Radcliffe Ave, Pacific Palisades, CA 90272

817 Radcliffe Ave, Pacific Palisades, CA 90272

Sale: $2,860,000

12/31/20240.68 mi

Area:3,372 sqft
Price/sqft:$848
Beds:4
Baths:3
Year Built:
Weight:22.8%
16719 Bollinger Dr, Pacific Palisades, CA 90272

16719 Bollinger Dr, Pacific Palisades, CA 90272

Sale: $3,325,000

9/24/20240.70 mi

Area:3,048 sqft
Price/sqft:$1,091
Beds:4
Baths:3
Year Built:
Weight:20.5%
17152 Avenida De Santa Ynez, Pacific Palisades, CA 90272

17152 Avenida De Santa Ynez, Pacific Palisades, CA 90272

Sale: $2,650,000

7/11/20251.71 mi

Area:3,748 sqft
Price/sqft:$707
Beds:4
Baths:4
Year Built:
Weight:19.8%
16754 Calle De Catalina, Pacific Palisades, CA 90272

16754 Calle De Catalina, Pacific Palisades, CA 90272

Sale: $2,514,935

7/1/20251.71 mi

Area:3,117 sqft
Price/sqft:$807
Beds:4
Baths:4
Year Built:
Weight:19.5%
1026 Enchanted Way, Pacific Palisades, CA 90272

1026 Enchanted Way, Pacific Palisades, CA 90272

Sale: $5,000,000

7/17/20250.70 mi

Area:3,213 sqft
Price/sqft:$1,556
Beds:3
Baths:2
Year Built:
Weight:17.5%

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