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$2,600,000
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Property Description
Breathtaking Catalina and panoramic ocean views highlight this exceptional 14,508 sq ft, mostly flat lot, one of the few available one-third-acre ocean-view properties in Pacific Palisades. Previously home to a 2,469 sq ft residence, the property offers the potential to build approximately 3,997 sq ft above grade, plus a basement and potential ADU, subject to buyer verification and applicable approvals. The expansive building site provides ample space to create a world-class custom estate with a resort-caliber backyard featuring a pool, outdoor kitchen, gardens, and seamless indoor-outdoor living and entertaining. Ideally located just minutes from beaches, newly reopened hiking trails, Palisades Village, top-rated schools, and the Westside, this rare offering presents an exceptional opportunity to be part of the rebirth of Pacific Palisades while creating a legacy estate in one of Los Angeles' most coveted coastal communities.
Full Property Details
Full Property Details for 1131 Tellem Dr
General
- Price: $2,600,000
- Status: Active
- Type: Lots/Land
- Source: CLAW
- MLS ID: 26863673
- Updated: 8/31/2026
- Added to Site: 44 day(s) ago
Location
- Area: Pacific Palisades
- County: Los Angeles
- Driving Directions: N on Lachman Ln to Tellem Dr.
Utilities
- Sewer: In Street
Lot Features
- Property View: Mountains, Catalina, Coastline, Panoramic, Ocean, Water
- Lot Size (Acres): 0.3331
- Lot Size: 14508
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 85 x 165
- Zoning: LARE15
Disclosures and Reports
- Disclosures/Reports: Property Report
- APN: 4420-022-003
Listed by Amalfi Estates, Anthony Marguleas
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Schools
Schools serving 1131 Tellem Dr
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Marquez Charter School 16821 Marquez Ave., Los Angeles, CA 90272 | K-5 | 0.8 mi |
Paul Revere Middle School 1450 Allenford Avenue, Los Angeles, CA 90049 | 6-8 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1131 Tellem Dr
Date
Details
Price
Change
Source
7/26/2026
Listed
$2,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1131 Tellem Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,666
—
$2,422,500
19%
2025
$24,666
-30%
$2,042,040
115%
2024
$35,474
202%
$949,170
2%
2023
$11,744
5%
$930,560
2%
2022
$11,214
1%
$912,314
2%
2021
$11,070
-1%
$894,426
1%
2020
$11,180
4%
$885,255
2%
2019
$10,747
1%
$867,898
2%
2018
$10,609
2%
$850,881
2%
2017
$10,385
2%
$834,198
2%
2016
$10,143
1%
$817,842
2%
2015
$9,998
—
$805,558
2%
2014
$10,038
—
$789,779
—
2013
$10,032
—
$786,211
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1131 Tellem Dr
1131 Tellem Dr, Pacific Palisades, CA 90272 (MLS# 26863673) is a Lots/Land property with a lot size of 0.3331 acres. 1131 Tellem Dr is currently listed for $2,600,000 and was received on July 26, 2026. Want to learn more about 1131 Tellem Dr? Do you have questions about finding other Lots/Land real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

