• 1056 Corsica Drive Pacific Palisades, CA 90272

  • $16,495,000
  • 5
    Bed(s)
  • 5
    Baths
  • 5,376
    Sq Ft
  • 24998
    Sqft
  • Listed By: Robert Radcliffe, Sotheby's International Realty, DRE #01132704
  • Source: CRMLS

Incredibly hard to find a double-lot (two separate parcels; 1056 and 1040 Corsica Drive) that boasts apx. 25,000 square foot flat lot on one the best and most prestigious and gorgeous tree-lined streets in the Pacific Palisades Riviera; within a short distance to the world recognized Riviera Country Club; one of the greatest golf courses in the world, and host to the greatest golf tournaments in the world. Inside this beautiful traditional style home offers a seamless blend of comfort and sophistication across its spacious and open floor plan, offering apx. 5,376 square feet of living space with the potential for the next owner to create a grand brand new home. Seller has fully approved plans to build a 12,000 square foot brand new home on this rare resort like yard, to create a legendary, or to fully enjoy the home as-is. The first floor of this beautiful home exudes warmth and natural light, with sun-filled living spaces that seamlessly flow to the outdoors, taking full advantage of the incredible and truly breathtaking landscaped grounds that provide multiple outdoors to enjoy.Dive into relaxation in the shimmering pool, unwind in the bubbling hot tub, or gather around either of the two inviting fire pit areas for evenings filled with laughter, warmth and creating a lifetime of memories. Challenge friends to a friendly match on the paddle tennis court or full-size basketball court, kids can play on the built-in trampoline, slide and swing using the outdoor play structure or enjoy a game of grass volleyball in your own private oasis. With multiple patios and an outdoor grill area, entertaining is effortless, whether it's an intimate gathering or a grand affair for hosting large events or weddings that can host 200+ guests. Excluding the primary suite and nursery, all 4 secondary bedrooms are downstairs. One of the downstairs bedroom suites can easily be used as a secondary primary. Prepare gourmet meals with ease in the professional chef's kitchen, featuring top-of-the-line appliances and a layout designed for culinary mastery, with a large breakfast area nearby, all opening to the massive family room with cozy fireplace and secondary breakfast area with bay window to enjoy the views of the incredible yard.Whether you host casual meals in the family room or host elegant dinner parties in the formal dining room, each offers its own unique ambiance.Ascend upstairs to the 2,500 square foot second-story primary suite that overlooks the property. Indulge in the spa-like bathroom area with a unique skylit shower, and find inspiration in the well-appointed office space that is currently used as a nursery. The suite also provides a massive closet with an entire additional room behind a secret door that storage is never an issue. Rarely do homes like this come on the market, with the ability to buy both lots side-by-side to either keep as-is, build a legendary estate using both lots or build a separate home on the separate lot.

Property Type :

Residential

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 5

Bathroom Information

Total Baths: 5

Full Baths: 5

Half Baths: 0

Water/Sewer

Sewer : Other

Interior Features

Property Appliances: Barbecue,Dishwasher,Disposal,Microwave,Refrigerator,Trash Compactor,Dryer,Washer

Fireplace: Family Room,Living Room

Flooring: Carpet,Wood

Furnished Description: Unfurnished

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Fireplace

Fireplace Features: Family Room,Living Room

Has Fireplace: 1

Building Information

Year Built: 1951

Building Area Total: 5,376

Pool Features

Heated,In Ground,Association

Laundry Features

Inside

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.5739

Lot Size Dimensions: 100x125

Lot Size Source: Other

Lot Size Square Feet: 24998

Listing Price Information

Original List Price: 16,495,000

Listing Contract Date: 2024-04-03

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4408007006

Garage and Parking

Garage Description: Carport,Garage,Gated,Side By Side

Attached Garage: Yes

Homeowners Association

Association Amenities: Other Courts,Paddle Tennis,Pool,Spa/Hot Tub

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C15 - Pacific Palisades

Postal Code Plus 4: 4012

Directions: South of Sunset Blvd between Amalfi and Capri.

Zoning: LARE11

Source Property Type: Residential

Area: C15 - Pacific Palisades

Property SubType: Single Family Residence

Building and Construction

Property Age: 73

Common Walls: No Common Walls

Structure Type: Single Family Residence

Year Built Source: Vendor Enhanced

Total Square Feet Living: 5376

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
16321 B Pacific Coast, Pacific Palisades, CA,90272 $1,795,000 4 2 1,926 883701.72 Sqft
814 Toulon Drive, Pacific Palisades, CA,90272 $23,995,000 6 3 8,008 18604 Sqft
932 Rivas Canyon Road, Pacific Palisades, CA,90272 $13,795,000 7 9 10,929 32882 Sqft
1172 Lachman Lane, Pacific Palisades, CA,90272 $5,649,000 4 3 3,203 9694 Sqft
Scenic Place, Pacific Palisades, CA,90272 $5,995,000 -- -- -- 468438 Sqft
712 Muskingum Avenue, Pacific Palisades, CA,90272 $3,200,000 3 3 2,053 5417 Sqft
1425 Chautauqua Boulevard, Pacific Palisades, CA,90272 $6,950,000 3 3 3,282 26462 Sqft
Land, Pacific Palisades, CA,90272 $9,995,000 -- -- -- 91301 Sqft
1362 Bella Oceana Vista, Pacific Palisades, CA,90272 $29,995,000 6 7 12,900 37122 Sqft
17444 Castellammare, Pacific Palisades, CA,90272 $775,000 -- -- -- 7286 Sqft

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ByOwner last updated this listing 05/06/2024 @ 16:02

MLS: 24369351
LISTED BY: Robert Radcliffe, Sotheby's International Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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