$1,525,000
SOLD MAY 14, 2025

241 Quadro Vecchio Dr Pacific Palisades, CA 90272

0.15 Acre
$10,180,240 Price per Acre
6,526 Sq Ft Lot

Recently Sold

$653 Per Sq Ft

4% Below List Price

24 Days on Market

About This Lot

As of May 2025

This is a very special opportunity to build your dream home on an ocean view 6526 s.f. lot in the beloved neighborhood of Castellammare Mesa neighborhood of Pacific Palisades. The Phase 1 (EPA) and Phase 2 (Army Corps of Engineers) have completed their work. The property is within the jurisdiction of the Castellammare Homeowners Association (CMHO) which does not allow the construction of an ADU. Please call with questions or requests for showings.

Last Agent to Sell the Property

Judy Orsini

Compass License #01206452 Listed on: 04/03/2025

Compass

Last Buyer's Agent

Judy Orsini

Compass License #01206452 Listed on: 04/03/2025

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,591

Lot Details

  • 6,526 Sq Ft Lot
  • Lot Dimensions are 57x115
  • Hillside Location
  • Property is zoned LAR1

Property Views

  • Ocean
  • Catalina
  • Park or Greenbelt

Utilities

  • Property is located within a water district
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4416-024-034

Property Details

Property Type

Land

Est. Annual Taxes

$9,591

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: This is a special opportunity to build your dream home on a 6526 s.f. ocean view lot in the beloved Castellammare Mesa neighborhood of Pacific Palisades. The prior property had a beautiful deck (highly recommended! ) to capture those beautiful views. Phase 1 (EPA) and Phase 2 (Army corp of engineers) work has been completed, and is ready to go. The property is a part of the Castellammare Homeowners Association (CMHO) and the CC&R's stipulate that any build cannot include an ADU. I'm looking forward to showing this wonderful property to you. -NOTE: From April 11, 2025 to April 18, 2025, please call Jill Cannella for all showings at (310) 562-8278
  • Lot Acreage: 0.1498
  • Lot Dimensions: 57x115
  • Probate: No
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • View: Catalina, Ocean, Green Belt
  • View: Yes

Utilities

  • Cable: No
  • Electric: In Street
  • Sewer: In Street
  • Telephone: No
  • Water: Water District

Condo/Co-op/Association

  • HOA Fees: 200.00

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4416-024-034
  • Lot Location: Hillside
  • Lot Size Area: 6526
  • Units Per Acre: 0-1 Unit/Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
May 2, 2025
Sold by
Mccormick Family Trust and Mccormick Douglas B
Bought by
Legacy Venture Enterprises Inc
Seller's Agent
Judy Orsini
Compass
Buyer's Agent
Judy Orsini
Compass
List Price
$1,595,000
Sold Price
$1,525,000
Premium/Discount to List
-$70,000
-4.39%
Views
26
Current Estimated Value
$1,976,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,248
Avg. Annual Appreciation
161.18%

Purchase Details

Closed on
Oct 28, 2010
Sold by
Mccormick Douglas
Bought by
Mccormick Douglas B and Mccormick Kristen F

Purchase Details

Closed on
Apr 30, 2009
Sold by
Mccormick Douglas B
Bought by
Mccormick Douglas and Mccormick Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 8, 2000
Sold by
Mccormick Douglas B
Bought by
Mccormick Douglas B and Mccormick Kristen F
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,525,000 California Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,186,000 New Conventional
Previous Owner $1,200,000 New Conventional
Previous Owner $105,000 Unknown
Previous Owner $208,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $1,525,000 -4.4% $653 / Sq Ft
04/27/2025 04/27/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $1,595,000 0.0% $682 / Sq Ft
01/21/2022 01/21/22 Rented $8,950 0.0% --
01/12/2022 01/12/22 Under Contract -- -- --
01/04/2022 01/04/22 For Rent $8,950 0.0% --
07/15/2020 07/15/20 Rented $8,950 0.0% --
07/06/2020 07/06/20 Under Contract -- -- --
06/05/2020 06/05/20 Price Changed $8,950 -10.1% $4 / Sq Ft
04/24/2020 04/24/20 For Rent $9,950 -- --
Source: The MLS

Tax History Compared to Growth

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 $9,591 $253,811 $253,811 --
2024 $9,591 $770,818 $385,409 $385,409
2023 $9,411 $755,704 $377,852 $377,852
2022 $8,980 $740,888 $370,444 $370,444
2021 $8,778 $726,362 $363,181 $363,181
2019 $8,516 $704,820 $352,410 $352,410
2018 $8,442 $691,000 $345,500 $345,500
2016 $8,058 $664,170 $332,085 $332,085
2015 $7,940 $654,194 $327,097 $327,097
2014 $7,970 $641,380 $320,690 $320,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25520739

The MLS

APN: 4416-024-034