Back 729 Enchanted Way
Off Market

729 Enchanted Way

Los Angeles CA 90272

11197 sq. ft.
Land
Last sold for $2,100,000
Christopher CortazzoChristopher Cortazzo, last sold this property on 06 July 2026 after 685 days on market.

Overview

Commanding unobstructed ocean and mountain views, 729 Enchanted offers a rare opportunity to own an exceptional property in the heart of Pacific Palisades. Sweeping vistas stretch from Catalina Island to Topanga Point, delivering breathtaking sunsets, ocean breezes, and a dramatic natural backdrop that is increasingly difficult to find. Situated on an expansive 11,197 sq ft lot, the property is ideally positioned to maximize its premier vantage point, with nearly the entire parcel offering highly usable, livable space. Per slope analysis, the property allows for a maximum Residential Floor Area (RFA) of 4,584 sq ft, presenting outstanding potential for a custom coastal residence with room for resort-style outdoor living, including a pool and entertainment areas. Extensive due diligence has been completed, including Phase I and Phase II environmental assessments, as well as soil and geotechnical studies. Located just minutes from Palisades Village, top-rated schools, hiking trails, dining, and shopping, this is a rare opportunity to secure a premier view property in one of Los Angeles' most coveted coastal communities.

Features

11197 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 729 Enchanted Way is $1.69m.

Median value
$1.69m
Estimated value range
$500k - $9.38m
Median days on market
32
Estimated value trend
-5%
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 729 Enchanted Way

2026
Sold
$2,100,000
06 Jul 2026 by Christopher Cortazzo, of Compass
2022
Rented
Undisclosed
07 Jul 2022 by Berkshire Hathaway HomeServices California Properties (Pacific Palisades, 90272)
2022
Sold
$3,300,000
01 Feb 2022 by Tom Hackett, of Sotheby's International Realty

Happy sellers in Los Angeles

87%
87% 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 3 reviews in Los Angeles over the last 12 months.

Local market activity for land plots in Los Angeles

In the last 12 months, 365 land plots similar to 729 Enchanted Way, have been sold.

This represents a 121% decrease in land plots sales when compared to the previous 12 months.

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