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Bedrooms
Sold for $865,000 · Sep 2025
SOLDListed at $995,000
Pacific Palisades, CA
MLS# 25508539
N. Lili Geller
Listing Agent
Compass
DRE #: 01938836
Brokerage: Compass
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Bedrooms
0
Bathrooms
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Square Feet
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Year Built
6,346 sqft
Lot Size
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Price/Sq Ft
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Garage Spaces
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HOA
Property
Property Type
Reduced and ready to sell! The only lot below $1M in Pacific Palisades not on Sunset or adjacent to Sunset that is a flat lot and not sloped. EPA has completed Phase 1 AND Phase 2 debris removal work on the lot have both been completed. Nestled in the highly sought-after Palisades Highlands, this 6,344 SF lot offers breathtaking mountain views and an incredible opportunity to rebuild. With the ability to construct a 3,477 SF home plus an additional 10% bonus, totaling up to 3,825 SF without permitting hurdles, this property is a rare find. As the least affected area of the Palisades Wildfire, the Highlands is poised to be the first community to come back, making this an ideal investment in a beloved neighborhood.
Listing description from the September 2025 sale, as reported to CRMLS.
Earthquake data is shown from a real public source (USGS)
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1 recorded sale
1836 Michael Lane sold for $865,000 in September 2025, 13% under its $995,000 list price, after 148 days on the market. It was first listed at $1,500,000. Across 274 closed sales in 90272 over the last 12 months, the median sold price is $1,970,000 and the median is $1,016 per square foot.
| Quarter | Closed sales in 90272 | Median sold price |
|---|---|---|
| Q1 2026 | 32 | $1,716,000 |
| Q2 2026 | 146 | $2,002,500 |
| Q3 2026 | 75 | $1,919,000 |
| Q4 2026 | 21 | $2,200,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Pacific Palisades · Homes for sale in 90272
Closed sales reported in 90272, nearest first, last 12 months. All recent sales in Pacific Palisades →
1836 Michael Lane
Contact N. Lili Geller
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Contact Listing Agent
Compass
DRE #01938836
Contact information is not available for this listing.