Active

1588 Chastain

Pacific Palisades, CA 90272
Mark as Favorite
SqFt6,186

Sqft(Lot)

1588 Chastain Parkway presents a rare opportunity to fast-track the development of a beautifully designed Contemporary Mediterranean residence in the highly sought-after Pacific Palisades Highlands. Offered with RTI plans, the proposed home spans approximately 3,800 square feet and features a sophisticated blend of timeless Mediterranean architecture and modern finishes. The thoughtfully designed floor plan offers open-concept living spaces, seamless indoor-outdoor flow, and ocean and mountain views from the second story. Situated on a desirable corner lot, the property is surrounded by strong neighborhood momentum, with homes on both sides already well underway in the rebuilding process. Located in one of the most resilient sections of the Palisades, the Highlands is nearly fully repopul ated and continuing its impressive revitalization. Residents enjoy access to the Summit Club's resort-style amenities, including a pool and spa, remodeled gym, basketball court, playground, and three tennis courts. The property is well positioned to benefit from the exciting renewal and long-term revitalization underway throughout Pacific Palisades. Palisades Village is scheduled to reopen in August 2026, with approximately 90% of its original tenants expected to return, along with exciting new additions such as Nancy Silverton's forthcoming restaurant, Spacca Tutto. Community favorite Cafe Vida is also anticipated to reopen this fall in its new Highlands Plaza location. Plans are also underway for a revitalized Palisades Recreation Center, designed in collaboration with the community to honor its legacy while building toward the future. Proposed enhancements include upgraded athletic facilities, expanded gathering spaces, and new community-focused amenities.Local schools remain a top priority in the area's rebuilding efforts, supported by more than $600 million in district investment. Palisades Charter High School has already reopened at its original campus while reconstruction continues, and Marquez Charter Elementary is actively operating on campus in temporary facilities during redevelopment.Discover a rare opportunity to create a custom residence in one of the Westside's most beloved coastal communities, where enduring appeal, a strong sense of community, and the optimism surrounding the Palisades' next chapter come together to offer exceptional long-term value and lifestyle.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $1,299,999

AD Id : 78466961

MLS Id : 26833583

Lot Size : 6,186 Sqft(Lot)

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bathroom Information

    Total Baths: 0 Full Baths: 0 Half Baths: 0

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.142
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6186

  • Listing Price Information

    Original List Price: 1,299,999 Listing Contract Date: 2026-05-13
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 4431042012

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C15 - Pacific Palisades Postal Code Plus 4: 1944 Directions: Corner of Chastain Pkwy and Calle Patricia Zoning: LAR1 Source Property Type: Land Area: C15 - Pacific Palisades
Sell a home like this and save $77,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1785 Alta Mura Rd Road, Pacific Palisades, CA, 90272 $1,200,000 -- -- -- 32,542 Sqft(Lot)
1545 Umeo Road, Pacific Palisades, CA, 90272 $4,175,000 -- -- -- 22,689 Sqft(Lot)
13741 Romany Drive, Pacific Palisades, CA, 90272 $5,950,000 -- -- -- 16,467 Sqft(Lot)
1078 Villa Grove Drive, Pacific Palisades, CA, 90272 $2,670,000 -- -- -- 11,470 Sqft(Lot)
14410 Villa Woods Place, Pacific Palisades, CA, 90272 $2,795,000 -- -- -- 13,693 Sqft(Lot)
1267 Villa Woods Drive, Pacific Palisades, CA, 90272 $9,999,500 -- -- -- 44,251 Sqft(Lot)
909 Rivas Canyon Road, Pacific Palisades, CA, 90272 $3,750,000 -- -- -- 18,378 Sqft(Lot)
919 Rivas Canyon Road, Pacific Palisades, CA, 90272 $4,200,000 -- -- -- 43,998 Sqft(Lot)
1001 Rivas Canyon Road, Pacific Palisades, CA, 90272 $9,980,000 -- -- -- 144,340 Sqft(Lot)
1028 Chautauqua Boulevard, Pacific Palisades, CA, 90272 $3,535,000 -- -- -- 11,832 Sqft(Lot)

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/09/2026 @ 14:31

MLS: 26833583 LISTED BY: N. Lili Geller, Compass SOURCE: CRMLS

Selling? Save $77,501 when you sell a home like this

Tour with a ByOwner Agent