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729 Enchanted Way

Los Angeles CA 90272

11197 sq. ft.
Land
Currently for sale - view listing

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

Property history for 729 Enchanted Way

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, 368 land plots similar to 729 Enchanted Way, have been sold.

This represents a 543% decrease in land plots sales when compared to the previous 12 months.

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