Back 16615 Merivale Lane
Off Market

16615 Merivale Lane

Los Angeles CA 90272

8420 sq. ft.
Land
Last sold for $1,320,000
Tracey HennesseyTracey Hennessey, last sold this property on 12 September 2025 after 177 days on market.

Overview

Beloved cul de sac in Marquez Knolls- Possible ocean views from this property in one of Pacific Palisades' most desirable neighborhoods. Tucked in on a quiet cul-de-sac, this 8,395 square foot lot may offer an ocean view from a second story. The previous home was a single story 2300 sq ft home which was perched on a knoll looking towards the ocean. An allowance for an additional 10% square footage with an expedited permit process is available. Homes on the front side of the cul de sac have sweeping ocean views. This tract is subject to neighborhood CC&Rs. This property is ideal for buyers with the vision to invest in and contribute to the revitalization of Pacific Palisades. Phase 2 debris removal has been completed.

Features

8420 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Los Angeles over the last 12 months, the estimated median property value of 16615 Merivale Lane is $1.69m.

Median value
$1.69m
Estimated value range
$500k - $9.38m
Median days on market
29
Estimated value trend
-30%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16615 Merivale Lane

2025
Sold
$1,320,000
12 Sep 2025 by Tracey Hennessey, of Compass

Happy sellers in Los Angeles

85%
85% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Los Angeles over the last 12 months.

Local market activity for land plots in Los Angeles

In the last 12 months, 375 land plots similar to 16615 Merivale Lane, have been sold.

This represents a 574% decrease in land plots sales when compared to the previous 12 months.

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