1056 Corsica Drive
Pacific Palisades, CA, 90272 $ 16,495,000
Bedrooms5 Baths5.0 Sq 5,376 Monthly Estimate*
$ 115,223
Listed by Sotheby's International Realty
for $16,495,000 with 5 bedrooms and 5 full baths. This 5,376 square foot home was built in 1951 on a lot size of 0.5739.
Incredibly hard to find a double-lot (two separate parcels; 1056 and 1040 Corsica Drive) that boasts apx. 25,000 square foot flat lot on one the best and most prestigious and gorgeous tree-lined streets in the Pacific Palisades Riviera; within a short distance to the world recognized Riviera Country Club; one of the greatest golf courses in the world, and host to the greatest golf tournaments in the world. Inside this beautiful traditional style home offers a seamless blend of comfort and sophistication across its spacious and open floor plan, offering apx. 5,376 square feet of living space with the potential for the next owner to create a grand brand new home. Seller has fully approved plans to build a 12,000 square foot brand new home on this rare resort like yard, to create a legendary, or to fully enjoy the home as-is. The first floor of this beautiful home exudes warmth and natural light, with sun-filled living spaces that seamlessly flow to the outdoors, taking full advantage of the incredible and truly breathtaking landscaped grounds that provide multiple outdoors to enjoy.Dive into relaxation in the shimmering pool, unwind in the bubbling hot tub, or gather around either of the two inviting fire pit areas for evenings filled with laughter, warmth and creating a lifetime of memories. Challenge friends to a friendly match on the paddle tennis court or full-size basketball court, kids can play on the built-in trampoline, slide and swing using the outdoor play structure or enjoy a game of grass volleyball in your own private oasis. With multiple patios and an outdoor grill area, entertaining is effortless, whether it's an intimate gathering or a grand affair for hosting large events or weddings that can host 200+ guests. Excluding the primary suite and nursery, all 4 secondary bedrooms are downstairs. One of the downstairs bedroom suites can easily be used as a secondary primary. Prepare gourmet meals with ease in the professional chef's kitchen, featuring top-of-the-line appliances and a layout designed for culinary mastery, with a large breakfast area nearby, all opening to the massive family room with cozy fireplace and secondary breakfast area with bay window to enjoy the views of the incredible yard.Whether you host casual meals in the family room or host elegant dinner parties in the formal dining room, each offers its own unique ambiance.Ascend upstairs to the 2,500 square foot second-story primary suite that overlooks the property. Indulge in the spa-like bathroom area with a unique skylit shower, and find inspiration in the well-appointed office space that is currently used as a nursery. The suite also provides a massive closet with an entire additional room behind a secret door that storage is never an issue. Rarely do homes like this come on the market, with the ability to buy both lots side-by-side to either keep as-is, build a legendary estate using both lots or build a separate home on the separate lot.
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FeaturesGeneralSewer Other
Heating Central
Cooling CentralAir
Appliances Barbecue Dishwasher Disposal Microwave Refrigerator TrashCompactor Dryer Washer
Zoning LARE11
Architectural Style Traditional
Pool Features Heated InGround Association
Year Built 1951
View CityLights
Stories 2
Levels Two
Property SubType SingleFamilyResidence
County Los Angeles
New Construction N
Property Type Residential
Association Amenities OtherCourts PaddleTennis Pool SpaHotTub
HOA / Comm Assn N
Attached Garage Y
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions South of Sunset Blvd between Amalfi and Capri.
City Pacific Palisades
Disclosures CovenantsRestrictionsDisclosure
View Y/N Y
Senior Community Y/N N
MLS Area C15 - Pacific Palisades
Lot Size Square Feet 24998.0
Private Pool N
Waterfront Y/N N
Carport Y/N Y
Street Name Corsica
Spa Features Heated InGround
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://players.brightcove.net/5782886755001/rJlOfaQNgQ_default/index.html?videoId=ref:sir_listings_4f2e5f2b-8677-4d77-9971-5e19155f6704
Days on Market 19
Standard Status Active
Occupancy Description Owner
Property Sub Type Additional SingleFamilyResidence
Expected Active Date 2024-04-03
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InteriorFlooring Carpet Wood
Furnished Y/N Unfurnished
Fireplace Features FamilyRoom LivingRoom
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Full Baths 5
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Drive
Laundry Features Inside
Total Bedrooms 5
Electric On Property Y/N N
Total Baths 5
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ExteriorParking Features Carport Garage Gated SideBySide
Lot Features BackYard FrontYard Lawn Landscaped
Total Parking 5.0
Lot Size Area 24998.0
Spa Y
Building Area Total 5376.0
Lot Dimensions 100x125
Lot Size Acres 0.5739
Lot Size Units SquareFeet
Lot Size Source Other
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList BySotheby's International RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $115,223
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Pacific Palisades, CA
Average List Price $8,698,889
Percent of Sale Price 47%
About Pacific Palisades, CA 22,928 Population
2% Since 2002
$ 165,853 Median Income
50.18 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/4/2024 | $16,495,000 | | Listed Price |