HousePacific Palisades (United States)

Price :

$8,250,000

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

Extraordinary build opportunity. Property consists of eight parcels across 1.48 acres. Build up to eight homes or one large compound overlooking Las Pulgas Canyon in Pacific Palisades. This land purchase includes plans by renowned architect Tim Barber, for a 11,317sf main house, 1,136sf pool house and 1,005sf guest house. The design is the perfect blend of contemporary elegance and modern farmhouse sophistication. The gorgeous landscaped grounds are adorned with mature trees and an award winning vineyard creating a magical haven of natural beauty. This property is for those who value the utmost privacy while being just a stone's throw away from the heart of Palisades Village where you can enjoy world-class dining and upscale boutiques. This development sale includes all architectural sets, soils, engineering and all reports and approvals received up to this point. If buyer is interested in continuing the process to build one residence, they will be saving over two years of time and money. LA City has reviewed plans and has issued corrections. Many of the corrections have been addressed. The project is nearing the completion of the LA City Coastal process and then will need to submit to the State for their Coastal review as well. The project has completed the Mello review with the Housing department as a part of the Coastal process. The permits are not RTI yet. *House photos are renderings of proposed build. The purchase includes two addresses and eight contiguous parcels- 620 N Marquette St Lot 1- APN 44140190..., 5,555SF; Lot 2-APN 44140190..., 6,337SF; Lot 3- APN 44140190..., 7,996.7SF; Lot 4- APN 44140190..., 8,780.6SF; 560 N Marquette St. Lot 5- APN 44140190..., 9,063SF; Lot 6- APN 44140190..., 8,805.5SF; Lot 7- APN 44140190..., 8314.1SF; Lot 8- APN 44140190..., 9,518.4SF