Residential Land for Sale in Pacific Palisades, California

Exceptional opportunity to build a custom estate on a 15,894-square-foot lot, over 1/3 acre, in the highly desirable Marquez Knolls neighborhood. Located on a quiet cul-de-sac on Enchanted Way, one of the most memorable street names in the Palisades, the property features approximately 152 feet of frontage, a mostly flat building area, a long private driveway, and nice mountain and ocean views, offering a rare combination of size, privacy, and setting. Preliminary Underbuilt analysis indicates the potential for approximately 7,524 square feet of above-grade construction, with the possibility of substantially more with a basement. Buyer to independently verify all building potential, square footage, and development possibilities with their architect, the City, and appropriate professionals. Several neighboring homes survived the fire, while others are already under construction as Marquez Knolls continues to rebuild. Ideally located close to nearby schools, miles of hiking trails, the beach, and Caruso's Palisades Village as it reopens, bringing shopping, dining, and community life back to the heart of the Palisades. A rare opportunity to create an exceptional new estate on one of the Palisades' most compelling lots.