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1601 Capri Drive, Pacific Palisades, CA 90272

$12.50M5bd · 5ba · 5,081 sqft
Lot 43,229 sqft•HOA $400/mo•Single Family Residence•
Active
•37d on market•MLS# 00-26876445

Property Description

Spanning a nearly one-acre lot in Pacific Palisades' coveted Riviera neighborhood, this property presents a compelling opportunity to create a significant custom estate in one of the Westside's most desirable residential enclaves. Offered on the open market for the first time since the 1950s, the expansive 43,229-square-foot parcel provides remarkable scale and possibility, with the potential to capture ocean views from the second level or roof deck of a future residence. A single-level Mid Century Modern home built in 1951 currently occupies the property, spanning 5,081 square feet with five bedrooms and five bathrooms. While the existing residence reflects the architectural character of its era, the property's generous proportions and prominent setting create an exciting canvas for a buyer looking to reimagine the site for the next generation. An Architectural Survey and Underbuilt Report are included with the sale to help inform future development possibilities. Located in the heart of the Riviera, the property enjoys close proximity to Riviera Country Club, the boutiques and dining along San Vicente Boulevard, Palisades Village, and the natural beauty of the surrounding coastline and Santa Monica Mountains. With nearly an acre of land in an exceptional Riviera setting, this is an increasingly uncommon opportunity to envision a substantial new estate in one of the Westside's most distinguished neighborhoods.

Features & Amenities

FeeBuilt 1951

Property Details

Land Type
Fee
Year Built
1951
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Radiant
View
Canyon, Mountain(s)
Flooring
Carpet, Tile
City
Pacific Palisades
Zip Code
90272
County
Los Angeles
Listed byCompass, F. Ron Smith

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$63,196.69
Principal & Interest
Loan Amount
$9,998,400
Total Interest
$12,752,408
Total Payment Over 30 Years
$22,750,808
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 4 active · 4 closed

1601 Capri Drive, Pacific Palisades, CA 90272

Pacific Palisades · Single Family Residence

$12.50M
Luxury Tier
Beds
5
Baths
5
Sqft
5,081
Lot
43,229 sqft
Year
1951
$/Sqft
$2460
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 67.0% above the median closed sale of $7,484,688. Price per sqft ($2,460) is a 38% premium to closed comps ($1,778). Closed comps sold at 93% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 122 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $12.50M· $2,460/sqft
Total list price
Closed comps
vs closed median $10.02M
+$2.48M (+24.7%)
Active comps
vs active median $8.90M
+$3.60M (+40.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,552
+$909 (+58.6%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
16799 Monte Hermoso DrivePacific Palisades1987455,07433,834$787$4.00M3180
434 Chautauqua BoulevardPacific Palisades1963554,96920,367$1,408$7.00M6868
13627 Sunset BoulevardPacific Palisades1952564,76118,962$1,869$8.90M3859
525 Alma Real DrivePacific Palisades1970554,50617,736$2,142$9.65M13057
Total: 4 · Average4.85.34,827.522,724.75$1,551.5$7.38M66.75
Median4,969$8.90M

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
16787 Monte Hermoso DrivePacific Palisades198706/01/2026454,44127,855$3.60M$3.40M$7660.9413674
1580 San Remo DrivePacific Palisades195006/15/2026454,29137,615$15.70M$14.25M$3,3210.9111164
16037 Junaluska WayPacific Palisades201408/17/2026564,3286,613$5.25M$4.95M$1,1440.9410263
644 Amalfi DrivePacific Palisades198005/29/2026565,33012,828$10.89M$10.02M$1,8800.9213951
Total: 4 · Average4.55.54,597.521,227.75$8.15M$8.15M$1,777.75—122
Median4,441$10.02M$10.02M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.