Seller's Agent in 2025
Santiago Arana
The Agency
(310) 926-9808
26 in this area
98 Total Sales
1018 Chautauqua Blvd Pacific Palisades, CA 90272
0.29
Acre
$14,295,556
Price per Acre
12,645
Sq Ft Lot
Highlights
- View of Trees or Woods
- Lawn
- Fenced
About This Lot
As of July 2025Located on an oversized, prime rim-side lot along prestigious Chautauqua Boulevard, this rare offering presents a unique opportunity to rebuild one of Pacific Palisades' most architecturally iconic estates. Formerly known as The Dragon, award-winning residence envisioned by Jae Omar and developed by JVE Development Group. The original home stood as a masterwork of design, craftsmanship, and narrative architecture. Spanning an expansive lot with sweeping canyon and partial ocean views, this site offers an extraordinary canvas for your vision. The property previously encompassed approximately 11,500 square feet of dramatic living space on three levels. Just moments from Palisades Village and elevated above the canyon for maximum privacy and exposure, the lot retains all the qualities that made The Dragon a celebrated residence. The property offers an excellent opportunity for discerning buyers, architects, or developers to reimagine or revive a residence of comparable scale and stature. Whether restoring the spirit of the original masterpiece or creating a new legacy, this property represents a truly rare chance to build on one of the most coveted streets in Pacific Palisades. Previous plans are available.
Property Details
Property Type
- Land
Est. Annual Taxes
- $52,555
Lot Details
- 0.29 Acre Lot
- Fenced
- Lawn
- Back Yard
- Property is zoned LAR1
Property Views
- Woods
- Trees
- Canyon
Utilities
- Sewer in Street
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 4423-009-029
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2025
Closed on
Jun 3, 2025
Sold by
1018 Chautauqua Llc
Bought by
Sandefer Family Trust and Sandefer
Seller's Agent
Santiago Arana
The Agency
Buyer's Agent
Robert Sandefer
The Agency
List Price
$4,500,000
Sold Price
$4,150,000
Premium/Discount to List
-$350,000
-7.78%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.14%
Purchase Details
Closed on
Feb 19, 2021
Sold by
Ouligian Gregory P
Bought by
1018 Chautauqua Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,870,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 1998
Sold by
Trembley Norbert S
Bought by
Trembley Norbert S and Trembley Joan Ellen
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $4,150,000 | Fidelity National Title | |
| Grant Deed | $4,100,000 | California Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $10,000,000 | Construction | |
| Previous Owner | $7,715,000 | Construction | |
| Previous Owner | $2,870,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $4,150,000 | -7.8% | $2,157 / Sq Ft |
| 05/13/2025 05/13/25 | For Sale | $4,500,000 | -- | $2,339 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $52,555 | $9,706,587 | $3,550,377 | $6,156,210 |
| 2024 | $52,555 | $4,350,952 | $3,480,762 | $870,190 |
| 2023 | $51,523 | $4,265,640 | $3,412,512 | $853,128 |
| 2022 | $49,102 | $4,182,000 | $3,345,600 | $836,400 |
| 2021 | $2,181 | $163,479 | $109,151 | $54,328 |
| 2020 | $2,197 | $161,803 | $108,032 | $53,771 |
| 2019 | $2,120 | $158,631 | $105,914 | $52,717 |
| 2018 | $2,067 | $155,522 | $103,838 | $51,684 |
| 2016 | $1,960 | $149,484 | $99,806 | $49,678 |
| 2015 | $1,934 | $147,239 | $98,307 | $48,932 |
| 2014 | $1,953 | $144,356 | $96,382 | $47,974 |
Source: Public Records
Agents Affiliated with this Home
-
Santiago Arana
-
Robert Sandefer
Buyer's Agent in 2025
Robert Sandefer
The Agency
(310) 889-8463
9 in this area
37 Total Sales
Map
Source: The MLS
MLS Number: 25537689
APN: 4423-009-029
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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