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16640 Linda Terrace

Los Angeles CA 90272

7455 sq. ft.
Land
Currently for sale - view listing

Overview

THE PALMS | ABOVE THE PACIFIC | BREATHTAKING OCEAN VIEWS - Set along the rim of a quiet cul-de-sac in lower Marquez Knolls, The Palms | Above the Pacific offers a rare opportunity to create a coastal estate with sweeping, head-on views of the Pacific and Catalina Island. The view captures you immediately: an open ocean horizon, remarkably little between you and the water, and two striking palms framing the Pacific beyond. With an expansive foreground instead of a sea of rooftops, the setting feels distinctly Southern California and gives the property its name. Linda Terrace is an intimate enclave of just 19 residences, prized for its privacy, views and sense of neighborhood. Approximately half a mile from the ocean and around the corner from Marquez Elementary School, the property feels wonderfully removed while remaining close to the heart of Pacific Palisades. The former residence encompassed 4,521 square feet and included a pool. Under the City's current rebuilding guidelines, there is potential to build approximately 4,973 square feet, 110% of the previous home's size, subject to City approval and independent professional verification. For an end user, architect or developer, the opportunity is to design a home around this exceptional setting, maximizing ocean views, natural light, indoor-outdoor living and spectacular sunsets. Minutes from the beach, hiking trails and Palisades Village - The Palms | Above the Pacific offers the chance to create something extraordinary where the mountains meet the sea with a setting and view increasingly difficult to replicate.

Features

7455 sq. ft. lot size
Land

Property history for 16640 Linda Terrace

2017
Sold
$4,470,000
23 Feb 2017 by Ginger Glass, of Coldwell Banker Realty
2014
Sold
$2,150,000
02 Jul 2014 by Kimberly Gold, of Compass

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Local market activity for land plots in Los Angeles

In the last 12 months, 337 land plots similar to 16640 Linda Terrace, have been sold.

This represents a 34% decrease in land plots sales when compared to the previous 12 months.

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