1588 Chastain, Pacific Palisades, CA 90272

About this property

Best value in the Highlands. Incredible opportunity to build your dream home on a prime corner lot in the highly desirable Highlands neighborhood of Pacific Palisades. Priced at just $161 per foot, this property offers exceptional value in a premier Westside location. Located within the Summit community which was largely untouched, residents enjoy access to exclusive amenities at the Summit Club, including tennis and pickleball courts, a fitness center, large heated swimming pool, spa, playground, basketball court, and a dedicated dog park. This serene neighborhood also benefits from a 24-hour security patrol. The lot previously housed a 3,622-square-foot residence, which may allow for an expedited rebuilding process of up to 3,984 sq ft. Both Phase 1 and Phase 2 debris removal have been completed, streamlining the path to redevelopment. Set on a quiet street, this lot is just minutes from Palisades Village, acclaimed public and private schools, beach access, and some of the area's best hiking trails. Whether you are envisioning a personal retreat or an investment, this property offers the perfect opportunity in one of LA's most desirable coastal communities.

Listing description from the October 2025 sale, as reported to CRMLS.

Sale history

$900,000

Sold October 2025 · listed $999,000, orig. $1,200,000, on market June 2025 · MLS #25553519 · Source: CRMLS

Listing Agent: Anthony Marguleas · Listing Office: Amalfi Estates · Contact: 310-573-4245 · Bought with: N. Lili Geller · Compass

$2,700,000

Sold March 2023 · listed $2,695,000, on market January 2023 · MLS #23234775 · Source: CRMLS

Listing Agent: N. Lili Geller · Listing Office: Compass · Bought with: Rebecca Davis · Compass

$1,838,000

Sold December 2015 · listed $1,895,000, on market September 2015 · MLS #15939855 · Source: CRMLS

Listing Agent: Colleen Buerge · Listing Office: Berkshire Hathaway HomeService · Contact: 310-230-3700 · Bought with: Colleen Buerge · Berkshire Hathaway HomeService

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