$1,795,000

1622 Chastain Pkwy E Pacific Palisades, CA 90272

Estimated payment $13,586/month

Total Views 1,716
0.25 Acre
$7,205,941 Price per Acre
10,850 Sq Ft Lot

About This Lot

Perched within the prestigious Summit enclave of the Palisades Highlands, this rare offering showcases sweeping views of the ocean, canyons, and mountains. The parcel includes an existing infinity pool and spa that flow effortlessly toward the south/west vistas - perfect for relaxing and taking in spectacular sunsets. The previous home was a spacious 5,142-SF residence, offering a generous footprint for rebuilding. Owners enjoy access to the coveted Summit Club with resort-style amenities including tennis courts, clubhouse, basketball court, playground, pool, and spa. Ideally located near the beach, scenic hiking trails, and more. Phase 1 EPA remediation and Phase 2 debris removal by the Army Corps of Engineers have been completed.

Listing Agent

Dan Urbach

Compass License #01147391 Listed on: 07/24/2025

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $48,272

Lot Details

  • 10,850 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • Mountain

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4431-041-004

Property Details

Property Type

Land

Est. Annual Taxes

$48,272

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Perched within the prestigious Summit enclave of the Palisades Highlands, this rare offering showcases sweeping views of the ocean, canyons, and mountains. The parcel includes an existing infinity pool and spa that flow effortlessly toward the south/west vistas - perfect for relaxing and taking in spectacular sunsets. The previous home was a spacious 5,142-SF residence, offering a generous footprint for rebuilding. Owners enjoy access to the coveted Summit Club with resort-style amenities including tennis courts, clubhouse, basketball court, playground, pool, and spa. Ideally located near the beach, scenic hiking trails, and more. Phase 1 EPA remediation and Phase 2 debris removal by the Army Corps of Engineers have been completed. Listed by Dan Urbach - Compass | 310.591.6585 | Dan@DanUrbach.com
  • Complex Name: The Summit
  • Lot Acreage: 0.2491
  • Probate: No
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, Mountains
  • View: Yes

Utilities

  • Cable: No
  • Gas: In Street
  • Sewer: In Street
  • Telephone: No
  • Water: In Street

Condo/Co-op/Association

  • HOA Fees: 400.00

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4431-041-004
  • Lot Size Area: 10850
  • Units Per Acre: 0-1 Unit/Acre

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $48,272 $1,624,535 $1,624,535 --
2024 $48,272 $3,966,018 $2,450,279 $1,515,739
2023 $47,331 $3,888,254 $2,402,235 $1,486,019
2022 $45,120 $3,812,015 $2,355,133 $1,456,882
2021 $44,569 $3,737,270 $2,308,954 $1,428,316
2019 $43,227 $3,626,422 $2,240,470 $1,385,952
2018 $43,039 $3,555,317 $2,196,540 $1,358,777
2016 $41,167 $3,417,262 $2,111,247 $1,306,015
2015 $40,560 $3,365,933 $2,079,535 $1,286,398
2014 $30,761 $2,486,941 $1,185,796 $1,301,145
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $1,795,000 -45.6% --
02/14/2014 02/14/14 Sold $3,300,000 +0.2% $642 / Sq Ft
01/16/2014 01/16/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $3,295,000 -- $641 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,300,000 Fidelity National Title Co
Grant Deed $2,358,000 California Title Company
Grant Deed $2,388,000 Equity Title Company
Grant Deed $2,305,000 Equity Title Company
Grant Deed -- Equity Title Company
Grant Deed -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,805,000 Adjustable Rate Mortgage/ARM
Previous Owner $623,500 New Conventional
Previous Owner $625,000 New Conventional
Previous Owner $1,600,000 Adjustable Rate Mortgage/ARM
Previous Owner $350,000 Credit Line Revolving
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $500,000 Credit Line Revolving
Previous Owner $419,500 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Previous Owner $920,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25569441

The MLS

APN: 4431-041-004