Description
Set on a coveted corner lot within the storied Via Bluffs enclave of Pacific Palisades, just two blocks from the ocean-facing bluffs and a short stroll to the boutiques, cafs, and vibrant energy of Palisades Village, 501 Swarthmore Avenue offers what discerning land buyers have been waiting for: a fully cleared, engineered, and permit-ready homesite with ocean view potential in one of the Westside's most tightly held pockets. The sellers have already done the hard part, investing over $200,000 in professional soil compaction and site preparation to deliver a true shovel-ready parcel, not a promise but a foundation. Full architectural plans, engineering reports, and permit history from the prior residence are available to the next owner, offering a rare head start on the design and approval process. The previous residence, completed in 2022, was a striking 6-bedroom, 7-bathroom estate spanning 6,295 square feet and traded in 2023 for $9.5 million, a benchmark that speaks to the caliber of home this address commands. With the 10% development bonus available, a new owner has the opportunity to build nearly 7,000 square feet of living space, reimagined from the ground up to reflect their own vision of coastal luxury. This is more than a lot, it is a foundation for a legacy home in one of Los Angeles's most exclusive coastal communities, moments from the bluffs, the Village, and the effortless access to PCH and Sunset Boulevard that makes the Palisades lifestyle so coveted. Opportunities like this go fast. Bring your architect, bring your vision, and build in one of the most sought after locations within the Palisades. Prior plans, soil reports, and permit documentation available upon request.
