685 Amalfi Drive, Pacific Palisades, CA 90272

$3,995,000 Approx. USD 6 beds, 6 baths
6,860 sqft

Agent Remarks

Construction in progress, restoration and upgrade of historic multi-level Palazzo. Out-of-state trustee says offer it to local buyer or developer to bring project to completion. Priced to sell promptly, rare opportunity to acquire at a bargain price a large, prestige home in prime Palisades Riviera location. Once owned by a major motion picture studio, was a famous celebrity party home during Hollywood's Golden Age of the 1930's. Magnificent, picturesque, panoramic views of ocean, canyon and mountains. Structural portion of Phase 1 is nearly finished. Per owner, this consists of 6,860 sf on 3 levels and includes 5-6 BR, 6 BA, grand living/ballroom, music, bar, formal dining, chef's kitchen and large viewing decks. Phase 2 will add theater, wine cellar, maid's, gym, 6-car garage; 3,450 new sf for a total of 10,310 sf. Plans for elevator will connect these new lower floors to living areas in the house above. A very beautiful, stylish home in progress, once-in-a-lifetime opportunity!

Listing Details

Property type: Single Family (Single Family)
Status: Backup Offer
MLS# 14-815647
List price is $3,995,000
Beds: 6
Baths: 6 (5 full) (1 half)
6,860 sqft
3 Stories stories
County: Los Angeles
Property style: Other
Zoning: LARE11
Parking type: Garage - 4 Doors (N)
Interior features: Bar
Appliances: None
Heating description: None
MLS area: Pacific Palisades (C15)

Last Updated: 8/11/2016

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This listing belongs to the Pacific Palisades (C15) MLS area

The style of this listing is Other.
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The listing is zoned LARE11.
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Lat/Long: 34.040410, -118.512590.
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Broker: Courtesy of Coldwell Banker Residential Brokerage
Listing Agent: Michael Edlen

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