
1601 Capri Drive, Pacific Palisades, CA 90272
1601 Capri Drive, Pacific Palisades, CA 90272
Property Description
Spanning a nearly one-acre lot in Pacific Palisades' coveted Riviera neighborhood, this property presents a compelling opportunity to create a significant custom estate in one of the Westside's most desirable residential enclaves. Offered on the open market for the first time since the 1950s, the expansive 43,229-square-foot parcel provides remarkable scale and possibility, with the potential to capture ocean views from the second level or roof deck of a future residence. A single-level Mid Century Modern home built in 1951 currently occupies the property, spanning 5,081 square feet with five bedrooms and five bathrooms. While the existing residence reflects the architectural character of its era, the property's generous proportions and prominent setting create an exciting canvas for a buyer looking to reimagine the site for the next generation. An Architectural Survey and Underbuilt Report are included with the sale to help inform future development possibilities. Located in the heart of the Riviera, the property enjoys close proximity to Riviera Country Club, the boutiques and dining along San Vicente Boulevard, Palisades Village, and the natural beauty of the surrounding coastline and Santa Monica Mountains. With nearly an acre of land in an exceptional Riviera setting, this is an increasingly uncommon opportunity to envision a substantial new estate in one of the Westside's most distinguished neighborhoods.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 4 active · 4 closed
Pacific Palisades · Single Family Residence
Listed 67.0% above the median closed sale of $7,484,688. Price per sqft ($2,460) is a 38% premium to closed comps ($1,778). Closed comps sold at 93% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 122 days on market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (4)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 16799 Monte Hermoso Drive | Pacific Palisades | 1987 | 4 | 5 | 5,074 | 33,834 | $787 | $4.00M | 31 | 80 |
| 434 Chautauqua Boulevard | Pacific Palisades | 1963 | 5 | 5 | 4,969 | 20,367 | $1,408 | $7.00M | 68 | 68 |
| 13627 Sunset Boulevard | Pacific Palisades | 1952 | 5 | 6 | 4,761 | 18,962 | $1,869 | $8.90M | 38 | 59 |
| 525 Alma Real Drive | Pacific Palisades | 1970 | 5 | 5 | 4,506 | 17,736 | $2,142 | $9.65M | 130 | 57 |
| Total: 4 · Average | 4.8 | 5.3 | 4,827.5 | 22,724.75 | $1,551.5 | $7.38M | 66.75 | |||
| Median | 4,969 | $8.90M | ||||||||
Closed Properties (4)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16787 Monte Hermoso Drive | Pacific Palisades | 1987 | 06/01/2026 | 4 | 5 | 4,441 | 27,855 | $3.60M | $3.40M | $766 | 0.94 | 136 | 74 |
| 1580 San Remo Drive | Pacific Palisades | 1950 | 06/15/2026 | 4 | 5 | 4,291 | 37,615 | $15.70M | $14.25M | $3,321 | 0.91 | 111 | 64 |
| 16037 Junaluska Way | Pacific Palisades | 2014 | 08/17/2026 | 5 | 6 | 4,328 | 6,613 | $5.25M | $4.95M | $1,144 | 0.94 | 102 | 63 |
| 644 Amalfi Drive | Pacific Palisades | 1980 | 05/29/2026 | 5 | 6 | 5,330 | 12,828 | $10.89M | $10.02M | $1,880 | 0.92 | 139 | 51 |
| Total: 4 · Average | 4.5 | 5.5 | 4,597.5 | 21,227.75 | $8.15M | $8.15M | $1,777.75 | — | 122 | ||||
| Median | 4,441 | $10.02M | $10.02M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.