Pacific Palisades Home Sales Start at $1 million, Median Price $2,075,00 - Top Sales in Palisades Riviera
From the sun-dappled bluffs of the Palisades Riviera, to the nature-shrouded estates of the Palisades Highlands, all the way to the ocean-kissing heights of Castellamare, the Pacific Palisades remains one of the most sought-after swaths of real estate in Los Angeles -- and the nation.
The recession seems very much in recession in this prime area of Westside real estate. Of over 100 home sales in the past 3 months, all but two were over $1,000,000. The median sale price for a home in the Pacific Palisades during this period was $2,075,000 or $677/sq ft.
The top sale of the past three months in the Pacific Palisades was $10,000,000, for an estate that encompasses the iconic Case Study House 9, designed by Charles Eames and Eero Saarinen. This legendary piece of architecture is now the guest house for a fully loaded estate that includes 6 bedrooms, 6.5 baths, 8,500 sq ft of living area on a 43,500 sq ft lot. Top design, top location, top price.