622 Alma Real Dr, Pacific Palisades, CA 90272

$3,995,000

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List Price
$3,995,000
Price Change
▼ $200,000 1778027212
MLS#
26776445
Status
ACTIVE
Type
Land

Property Description

Set within the highly coveted Huntington enclave of the Pacific Palisades, 622 Alma Real presents a rare opportunity to secure land in one of the Westside's most prestigious and supply-constrained neighborhoods. Positioned in the upper section of the Huntington, this approximately 8,630 sq ft lot offers a slightly elevated setting, creating enhanced privacy, abundant natural light, and an ideal foundation for a thoughtfully designed custom estate. Surrounded by newly constructed luxury homes and consistent high-end sales, the location continues to reinforce both immediate desirability and long-term value. The property was previously improved with a five-bedroom, six-bath residence measuring just under 5,000 sq ft, along with a swimming pool and spaproviding a strong precedent for both scale and a resort-style outdoor environment. This history offers a clear blueprint for redevelopment while allowing a buyer to elevate the design, layout, and overall livability to today's standards. As a Palisades lot, there is the ability to incorporate a basement level, allowing for a meaningful expansion of total livable square footage. A buyer can design approximately around 5,000+ sq ft above grade, plus an additional ~1,5002,500 sq ft basement (buyer to verify), creating a total build potential in the ~6,5007,500+ sq ft range. This opens the door for a larger, amenity-driven residence with features such as a theater, gym, wine cellar, and expansive indoor-outdoor livingpaired with a backyard anchored by a pool and spa. From an investment perspective, this significantly improves the price-per-buildable-foot basis relative to surrounding new construction. With strong buyer demand and premium resale values consistently achieved in the Huntington, both developers and end-users are positioned to benefit from immediate equity upside by maximizing scale and design. Ideally located just moments from the Palisades Village, top-rated schools, and the Huntington's private residents-only park, the property offers a unique combination of community, convenience, and elevated coastal living. Opportunities to build in the Huntington are increasingly rare. 622 Alma Real represents a compelling chance to create a bespoke residence with scale, amenities, and proven upside in one of Pacific Palisades' most desirable enclaves.

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Courtesy of Rodeo Realty, Jimmy Heckenberg.

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