listings details
listings details
about this home
Start building right away, active permit in hand! A rare and remarkable opportunity to re-build a premier ocean-view estate set at the end of a quiet cul-de-sac in lower Marquez Knolls five minutes from Palisades Village. With millions already invested in the foundation, this is far from a vacant lot with existing caissons, basement structure, and pool in place (buyer to verify). This expansive 11,579 SF lot offers breathtaking panoramic ocean views, exceptional privacy, and the ideal canvas to develop the ultimate estate in luxury and comfort within one of the neighborhood's most sought-after pockets. The property previously held a newly completed 8,000+ SF architectural finished in 2024 prior to the Palisades fire, these plans are active and the new owner can start building immediately (buyer to verify). The new construction featured 7 bedrooms, 9 baths, amazing decks and outdoor space, movie theater, full bar, large wine room, wellness room and sauna, resort-style pool and spa, outdoor kitchen, and more. With that scale and amenity profile already established, this standout lot offers the optimal ready-to-build footprint to recreate a home of unparalleled design, livability, and commanding ocean views at extraordinary value. An opportunity not to be missed for a developer or end-user looking to build a custom estate in a quiet enclave known for its charm and captivating coastal beauty - all just moments to Palisades Village, top-rated schools, hiking trails, and world-class beaches. A must-see.
Key details
MLS Number
25622129
Price
$2,495,000
Price per Sqft
-
Bedrooms
-
Total Bathrooms
-
Full Bathrooms
-
Property class
Residential Property
Property type
Land
Property style
Other
Year built
-
HOA fees
-
Days on Market
145
Estimate History
Listing agent
Listing Agent 1
Agent name
Ryan Jancula
Agent Email
info@janculagroup.com
Agent Phone
(310) 740-9719
Website
http://www.ryanjancula.com
Brokerage name
Compass
Brokerage address
-
Listing Agent 2
Agent name
J. Trevor Edmond
Agent Email
trevor@trevoredmond.com
Agent Phone
(310) 405-9444
Website
-
Brokerage name
Compass
Brokerage address
-
Location
Street Address
16620 Linda Terrace
City
Pacific Palisades
County
Los Angeles
District
-
Major Intersection
-
Neighborhood
-
Zipcode
90272
Unit Number
-
Building details
Stories
-
Pet policy
-
Year Built
-
Lot
0.27 acres / 11,579 sqft
Lot dimensions
85x136
Lot dimension source
-
Zoning
LAR1
Zoning type
-
Zoning description
-
Property history
Sale History
Date
Event
Type
Price
Price/sqft
Oct 2016
Closed
16160136
Lease
$6,000
—
Dec 2015
Closed
15948645
Sale
$2,450,000
—
Jul 2024
Canceled
24411243
Sale
$9,995,000
—
Schools/Amenities around
No schools found nearby.
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This information is derived from California Regional Multiple Listing Service, Inc. as of July 30th, 2026 at 11:21 PM PDT. All data, including area measurements and calculations, is sourced from various providers and has not been nor will it be verified by the broker or MLS. All details should be independently reviewed and confirmed for accuracy. Properties may or may not be listed by the office or agent presenting this information.











































