729 Enchanted Way

$2,495,000
Price
11,197 / 0.26
Lot Size / Acres

Description

An exceptional RTI (Ready-to-Issue) development opportunity with sweeping, unobstructed ocean views on a generous 11,197 sq ft lot in the heart of Pacific Palisades. Perched to capture dramatic vistas from Catalina Island to Topanga Point, this rare offering allows a buyer or developer to break ground immediately, eliminating the long wait typically associated with permitting and design.The existing RTI plans present a thoughtfully designed layout, but they may be modified to suit the buyer's needs...An exceptional RTI (Ready-to-Issue) development opportunity with sweeping, unobstructed ocean views on a generous 11,197 sq ft lot in the heart of Pacific Palisades. Perched to capture dramatic vistas from Catalina Island to Topanga Point, this rare offering allows a buyer or developer to break ground immediately, eliminating the long wait typically associated with permitting and design.The existing RTI plans present a thoughtfully designed layout, but they may be modified to suit the buyer's needs offering the flexibility to add bedrooms, bathrooms, or reconfigure interior spaces. There is ample room for a pool, and the expansive basement level provides additional space for a gym, theater, wine cellar, office, or guest quarters. Located just minutes from Palisades Village, this parcel offers both seclusion and convenience close to top-rated schools, high-end shops, acclaimed restaurants, and scenic hiking trails. This is a rare opportunity to build a custom home in one of Los Angeles' most prestigious neighborhoods, with the hard work already done.Don't miss the chance to create a legacy property with commanding ocean views and unrivaled potential. Inquire for further details and next steps. The seller does not require the buyer to purchase the property with plans; such inclusion is offered solely at the buyer's discretion and is not a condition of the sale.

Property Details for 729 Enchanted Way

Zoning
LAR1
Parcel Number
4419005062
Area
Pacific Palisades (C15)
Lot Size Area
11197
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
4419-005-062
Directions
Take exit 57 toward Sunset Blvd. Turn left onto N Church Ln. Turn right onto W Sunset Blvd. Turn right onto Marquez Ave. Turn right onto Jacon Way. Turn left onto El Oro Ln. Turn left onto Enchanted Way. Destination will be on the right
School District
Los Angeles Unified
LISTING UPDATED: 09/26/2025 12:06 AM

Property Details for 729 Enchanted Way

StatusActive
MLS #25594361
Days on Market96
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.26 AC
CountyLos Angeles County

Location

Listing Courtesy of Compass, Chris Cortazzo, DRE #01190363; Douglas Elliman, Adam Cohen, DRE #01976896
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Building Information for 729 Enchanted Way

Lot Size0.26 AC

Payment Calculator

$16,057 per month

30 year fixed, 6.28% Interest

Principal and Interest

$12,329

Property Taxes

$3,728

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 729 Enchanted Way

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: Panoramic, Ocean, Mountains
  • View: Panoramic, Ocean, Mountain(s)
Contract Info
Contract Info
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is, Coastal Commission Restrictions
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Coastal Commission
  • Lot Acreage: 0.257
  • Lot Size Square Feet: 11197
  • Lot Features: Secluded, Yard
  • Lot Description: Secluded, Street Paved, Yard
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 09-18-2025
  • Listing Terms: Cash, Cash To New Loan

Property History for 729 Enchanted Way

DateEvent & SourcePriceAppreciation
Sep 18, 2025

Listed (Active)

CRMLS #25594361

$2,495,000
Sep 18, 2025

Listed (Active)

CLAW #25594361

$2,495,000
Sep 17, 2025

Withdrawn / Cancelled

CLAW #25522251

Sep 17, 2025

Withdrawn / Cancelled

CRMLS #25522251

$2,495,000
Aug 6, 2025

Price Change

CLAW #25522251

$2,495,000
Jul 3, 2025

Price Change

CLAW #25522251

$2,895,000
Jul 2, 2025

Price Change

CRMLS #25522251

$2,895,000
Jun 19, 2025

Price Change

CLAW #25522251

$3,195,000
Jun 19, 2025

Price Change

CRMLS #25522251

$3,195,000
May 19, 2025

Price Change

CLAW #25522251

$3,445,000
May 19, 2025

Price Change

CRMLS #25522251

$3,445,000
May 5, 2025

Sold (Public Record)

Public Record #1557557225

$3,520,000
Apr 7, 2025

Listed (Active)

CLAW #25522251

$3,495,000
Apr 7, 2025

Listed (Active)

CRMLS #25522251

$3,495,000
Feb 9, 2025

Expired

CRMLS #24426041

Feb 9, 2025

Expired

CLAW #24-426041

$4,099,000
Nov 23, 2024

Withdrawn / Cancelled

CRMLS #24426041

$4,099,000
Nov 23, 2024

Withdrawn / Cancelled

CLAW #24-426041

$4,099,000
Sep 26, 2024

Price Change

CRMLS #24426041

$4,324,000
Sep 26, 2024

Price Change

CLAW #24-426041

$4,324,000
Aug 9, 2024

Listed (Active)

CRMLS #24426041

$4,499,000
Aug 9, 2024

Listed (Active)

CLAW #24-426041

$4,499,000
May 24, 2022

Sold (Public Record)

Public Record #1490651799

$3,520,000

+21.7% / yr

Feb 1, 2022

Sold

CRMLS #22118092

$3,300,000
Feb 1, 2022

Sold

CLAW #22-118092

$3,300,000
Jan 24, 2022

Sold (Public Record)

Public Record #1482460229

$3,300,000
Jan 18, 2022

Pending

CLAW #22-118092

Jan 18, 2022

Accepting Backup Offers

CRMLS #22118092

Jan 18, 2022

Accepting Backup Offers

CLAW #22-118092

Jan 12, 2022

Listed (Active)

CRMLS #22118092

$2,499,000
Jan 12, 2022

Listed (Active)

CLAW #22-118092

$2,499,000
DateEvent & SourcePrice
09/18/2025

Listed (Active)

CRMLS #25594361

$2,495,000
09/18/2025

Listed (Active)

CLAW #25594361

$2,495,000
09/17/2025

Withdrawn / Cancelled

CLAW #25522251

09/17/2025

Withdrawn / Cancelled

CRMLS #25522251

$2,495,000
08/06/2025

Price Change

CLAW #25522251

$2,495,000
07/03/2025

Price Change

CLAW #25522251

$2,895,000
07/02/2025

Price Change

CRMLS #25522251

$2,895,000
06/19/2025

Price Change

CLAW #25522251

$3,195,000
06/19/2025

Price Change

CRMLS #25522251

$3,195,000
05/19/2025

Price Change

CLAW #25522251

$3,445,000
05/19/2025

Price Change

CRMLS #25522251

$3,445,000
05/05/2025

Sold (Public Record)

Public Record #1557557225

$3,520,000
04/07/2025

Listed (Active)

CLAW #25522251

$3,495,000
04/07/2025

Listed (Active)

CRMLS #25522251

$3,495,000
02/09/2025

Expired

CRMLS #24426041

02/09/2025

Expired

CLAW #24-426041

$4,099,000
11/23/2024

Withdrawn / Cancelled

CRMLS #24426041

$4,099,000
11/23/2024

Withdrawn / Cancelled

CLAW #24-426041

$4,099,000
09/26/2024

Price Change

CRMLS #24426041

$4,324,000
09/26/2024

Price Change

CLAW #24-426041

$4,324,000
08/09/2024

Listed (Active)

CRMLS #24426041

$4,499,000
08/09/2024

Listed (Active)

CLAW #24-426041

$4,499,000
05/24/2022

Sold (Public Record)

Public Record #1490651799

$3,520,000

+21.7% / yr

02/01/2022

Sold

CRMLS #22118092

$3,300,000
02/01/2022

Sold

CLAW #22-118092

$3,300,000
01/24/2022

Sold (Public Record)

Public Record #1482460229

$3,300,000
01/18/2022

Pending

CLAW #22-118092

01/18/2022

Accepting Backup Offers

CRMLS #22118092

01/18/2022

Accepting Backup Offers

CLAW #22-118092

01/12/2022

Listed (Active)

CRMLS #22118092

$2,499,000
01/12/2022

Listed (Active)

CLAW #22-118092

$2,499,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 729 Enchanted Way

Taxable ValueLand$2,971,382Additions$764,069Total$3,735,451
Tax Record2025$44,739 ($3,728 / month)
Home Facts
Beds3Total Finished SqFt2,174 SqFtAbove Grade Finished SqFt2,174 SqFtLot Size11,194 SqFtStyleSingle Family ResidenceYear Built1956ZoningLAR1CountyLOS ANGELESAPN4419-005-062

Schools near 729 Enchanted Way

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Charter - 9 to 12
Charter - K to 5
Rating
School
Distance
Marquez Charter School
CharterK to 5

Paul Revere Middle School
Charter6 to 8

Palisades Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

729 Enchanted Way is a 0.26 ac of land for sale in Pacific Palisades, CA 90272. This property was listed for sale on September 18, 2025 by Compass, it's currently listed at $2,495,000. It has been on the market for a total of 96 days and was last sold on May 5, 2025. This listing's school district is Los Angeles Unified School District. Nearby schools include Marquez Charter School, Paul Revere Middle School and Palisades Charter High School. 729 Enchanted Way is a 0-bed, 0-bath, 0.26 ac of land on a 11,197 sq. ft. / 0.26 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Chris Cortazzo, DRE #01190363; Douglas Elliman, Adam Cohen, DRE #01976896

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.