729 Enchanted Way, Pacific Palisades, CA 90272 (MLS # 25522251)
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An exceptional RTI (Ready-to-Issue) development opportunity with sweeping, unobstructed ocean views on a generous 11,197 sq ft lot in the heart of Pacific Palisades. Perched to capture dramatic vistas from Catalina Island to Topanga Point, this rare offering allows a buyer or developer to break ground immediately, eliminating the long wait typically associated with permitting and design.The existing RTI plans present a thoughtfully designed layout, but they may be modified to suit the buyer's needs offering the flexibility to add bedrooms, bathrooms, or reconfigure interior spaces. There is ample room for a pool, and the expansive basement level provides additional space for a gym, theater, wine cellar, office, or guest quarters. Located just minutes from Palisades Village, this parcel offers both seclusion and convenience close to top-rated schools, high-end shops, acclaimed restaurants, and scenic hiking trails. This is a rare opportunity to build a custom home in one of Los Angeles' most prestigious neighborhoods, with the hard work already done.Don't miss the chance to create a legacy property with commanding ocean views and unrivaled potential. Inquire for further details and next steps. The seller does not require the buyer to purchase the property with plans; such inclusion is offered solely at the buyer's discretion and is not a condition of the sale.
| DAYS ON MARKET | 156 | LAST UPDATED | 8/6/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | C15 - Pacific Palisades |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| PRICE HISTORY | |
| Prior to May 19, '25 | $3,495,000 |
|---|---|
| May 19, '25 - Jun 19, '25 | $3,445,000 |
| Jun 19, '25 - Jul 3, '25 | $3,195,000 |
| Jul 3, '25 - Aug 6, '25 | $2,895,000 |
| Aug 6, '25 - Today | $2,495,000 |
| ADDITIONAL DETAILS | |
| AREA | C15 - Pacific Palisades |
|---|---|
| LOT | 0.257 acre(s) |
| LOT DESCRIPTION | Secluded |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Ocean, Panoramic |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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