$9,975,000

Encompassing 1.48 acres, this expansive, gated Pacific Palisades development opportunity boasts exquisite views of Las Pulgas Canyon and the Pacific Ocean and presents limitless possibilities- remodel current structures, build multiple homes that span the eight parcels, or create one extraordinary private compound. This magical location is the perfect place to reside with an abundance of space for recreation and relaxation. The natural setting, which includes an award- winning private label vineyard, feels like a city escape hundreds of miles away but conveniently located close to the Palisades village with amazing shopping and restaurants. Current plans include a gated estate designed by Tim Barber Architects. The compound features a 11,317-square-foot, 7-bed, 7-bath main house, a 1,136-square-foot pool house and a 1,005-square-foot guesthouse. Mature trees and foliage stud the property and provide plenty of shaded privacy for outdoor dining, spacious grassy lawn, pool, jacuzzi and so much more. Buyer is purchasing both 620 N Marquette St and 560 N Marquette St together- a total of 8 parcels and approximately 64,396.7sf. Currently there are two homes and several small structures on the property. Renderings and plans are available for review by a qualified buyer. Current owners have made substantial progress on the permitting and approval process. 620 N Marquette consists of Lot 1- APN 4414019010, 5,555sf; Lot 2-APN 4414019011, 6,337sf; Lot 3 APN 4414019012, 7,996.7sf; Lot 4 APN 4414019013, 8,780.6sf. 560 N Marquette St consists of Lot 5 APN 4414019014, 9,063sf; Lot 6 APN 4414019015, 8,805.5sf; Lot 7 APN 4414019016, 8314.1sf; Lot 8 APN 4414019016, 9,518.4sf.