1144 Tellem Dr Pacific Palisades, CA 90272
Estimated payment $17,693/month
About This Lot
Perched above the Pacific on one of the Palisades' most sought-after streets, this approx. 30,419 sq/ft expansive lot offers unobstructed panoramic ocean and canyon views. Located on a private road, you'll enjoy the utmost seclusion and tranquility, while still being close to the heart of the Palisades. Ready-to-issue plans for a stunning, single-story contemporary residence (approx. 4,754 sq/ft) are nearing final approval, an ideal canvas to create your dream coastal sanctuary. Phase 1 and Phase 2 environmental remediation complete and key reports like the Topographical Survey and Geotechnical Soils Report are already in hand. With easy access to Sunset Blvd, PCH and the Westside, this homesite offers a rare opportunity to craft a legacy estate in the coveted neighborhood of Marquez Knolls.
Listing Agent
Christie's International Real Estate SoCal License #00933169 Listed on: 06/24/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $49,189
Lot Details
- 0.7 Acre Lot
Property Views
- Ocean
- Canyon
- Mountain
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 4420-021-024
Map
Home Values in the Area
Average Home Value in this Area
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 | $49,189 | $2,124,982 | $2,124,982 | -- |
| 2024 | $49,189 | $4,050,000 | $3,205,100 | $844,900 |
| 2023 | $5,910 | $449,290 | $185,233 | $264,057 |
| 2022 | $5,654 | $440,481 | $181,601 | $258,880 |
| 2021 | $5,569 | $431,845 | $178,041 | $253,804 |
| 2019 | $5,411 | $419,038 | $172,761 | $246,277 |
| 2018 | $5,240 | $410,823 | $169,374 | $241,449 |
| 2016 | $4,986 | $394,872 | $162,798 | $232,074 |
| 2015 | $4,916 | $388,942 | $160,353 | $228,589 |
| 2014 | $4,951 | $381,324 | $157,212 | $224,112 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Price Changed | $2,495,000 | -28.6% | -- |
| 06/22/2025 06/22/25 | For Sale | $3,495,000 | -13.7% | -- |
| 11/15/2023 11/15/23 | Sold | $4,050,000 | +1.3% | $1,307 / Sq Ft |
| 10/16/2023 10/16/23 | Pending | -- | -- | -- |
| 10/10/2023 10/10/23 | For Sale | $4,000,000 | 0.0% | $1,291 / Sq Ft |
| 06/02/2016 06/02/16 | Rented | $9,100 | +13.8% | -- |
| 05/27/2016 05/27/16 | For Rent | $8,000 | +4.6% | -- |
| 03/02/2015 03/02/15 | Rented | $7,650 | +2.0% | -- |
| 02/27/2015 02/27/15 | Under Contract | -- | -- | -- |
| 02/20/2015 02/20/15 | For Rent | $7,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $4,050,000 | California Title Company | |
| Grant Deed | $2,250,000 | California Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Small Business Administration | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $269,000 | No Value Available | |
| Previous Owner | $150,000 | Credit Line Revolving |
Source: The MLS
MLS Number: 25555809
APN: 4420-021-024
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