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Ocean-View Rebuild Lot in Summit
For Sale
$1,198,000

1502 Paseo De Oro, Pacific Palisades, CA 90272

Build site on a private gated street with ocean and mountain views and included original architectural plans.

Property Size4,827 SF
Price / SF$248.19
Days on Market165

Property Features for 1502 Paseo De Oro

General Information

Standard status Active
Size 4,827 SF
Property subtype Land Lot
Zoning LARD3

Amenities

resort-style pool
spa
clubhouse with kitchen
tennis courts
gym
playground area
sports court with staff
views
off-leash dog hours
picnic tables
walking/jogging track with exercise equipment
fenced jungle-gym area
large grassy park-field
parking
restrooms
hiking and mountain biking trails
No
Listing Agency: Station 26 Properties
Listed By: Marc Chorin · License #01143383
Source: Compass
Added: Feb 24 Changed: Aug 8 Last Checked: Mar 25 at 1:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Station 26 Properties

Investment Insights

Based on property information with market context.

This is a majestic views lot in The Summit area of the Palisades Highlands. The sale includes owners’ existing original architectural plans for a Mediterranean villa that was previously configured as a 5-bedroom, 4-bath home with direct entry to a 2-car garage. The property also has EPA Phase 1 and Phase 2 completed, supporting next steps for redevelopment planning.

The lot is located on a private gated street and is across from the Summit Club. Membership to the Summit Club is included, with amenities described as a resort-style pool and spa, clubhouse with kitchen, tennis courts, gym, playground area, and sports court with staff.

The property is also included with PDRA–Palisades Drive Recreational Association membership, described to include views, off-leash dog hours, picnic tables, walking/jogging track with exercise equipment, a fenced jungle-gym area, and a large grassy park-field plus parking and restrooms. The Summit is governed by the home owner association CC&R’s, and HOA dues details are available by request from the agent.

Key Highlights

  • Build site on a private gated street in The Summit of Palisades Highlands
  • Ocean and mountain views
  • Original home was 3,183 SF with 5 bedrooms and 4 bathrooms; direct entry to a 2‑car garage

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Auto Repair Shop HVAC Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby

Demographics for 90272, CA

22,849
Population
9,207
Households
2.5
Avg Household Size
49
Median Age
79%
College-Educated
99%
High-School Grad
23.8 sq mi
ZIP Area
960
Density / Sq Mi
$200,985
Median Household Income
$108,420
Median Earnings
$3,133
Median Rent
$2,000,001
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build site on a private gated street with ocean and mountain views and included original architectural plans.
Where is this residential land & home lot located?
The property is located at 1502 Paseo De Oro Pacific Palisades, CA.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Build site on a private gated street in The Summit of Palisades Highlands; Ocean and mountain views; Original home was 3,183 SF with 5 bedrooms and 4 bathrooms; direct entry to a 2‑car garage
More about this property
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