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17337 Tramonto Drive, 105, Pacific Palisades, CA 90272

$2.00M2bd · 3ba · 2,037 sqft
Lot 73,260 sqft•HOA $0.01/mo•Condominium•
Active
•128d on market•MLS# 00-26843951

Property Description

Ocean Woods Terrace is being reintroduced as a newly reimagined condominium community in Pacific Palisades, thoughtfully designed to blend contemporary living with the timeless appeal of Southern California's coast. Perched in the Castellammare hillside above Pacific Coast Highway, this boutique residential address offers a rare opportunity to enjoy brand-new construction in one of Los Angeles' most iconic coastal settings. Set near the Self-Realization Fellowship Lake Shrine and just moments from the beach, Ocean Woods Terrace brings together scenic surroundings, architectural refinement, and everyday access to the best of the Westside. Featuring 36 residences, Ocean Woods Terrace is envisioned as an intimate and beautifully curated residential community created to harmonize with the Palisades landscape while delivering a fresh, elevated living experience. The project has been publicly presented as a rebuild that marks a new chapter for Pacific Palisades, with design leadership from Kevin Tsai Architecture and coordination among the ownership community as part of the area's broader recovery. Every element of the new vision is centered on modern comfort, refined design, and a seamless connection to the surrounding coastal environment. As part of the reimagined design, Stack 05 is proposed with an interior net area of approximately 2,020 square feet, compared with 1,837 square feet reflected in the tract recordan increase of 183 square feet, or 10.0%. The proposed balcony measures approximately 267 square feet, compared with 277 square feet previously, representing a reduction of 10 square feet, or 3.6%. The new layout includes two bedrooms, two full bathrooms, a powder room, den, dining/living area, kitchen, primary closet, and balcony, with an optional wet bar providing additional flexibility for entertaining and everyday living. The residence has been thoughtfully configured to maximize functionality, comfort, and the connection between the interior living spaces and the surrounding coastal setting. Ocean Woods Terrace enjoys a coveted location above the coastline in the Castellammare area of Pacific Palisades. From here, residents are close to Pacific Coast Highway, the beach, Palisades Village, Santa Monica, and the hiking trails that define the Santa Monica Mountains lifestyle. This is a setting that offers both tranquility and convenience: a hillside residential environment with quick access to coastal dining, shopping, recreation, and the broader Westside. The result is a lifestyle that feels private and relaxed while remaining connected to some of Southern California's most desirable destinations. Ocean Woods Terrace offers buyers the uncommon combination of a prestigious Pacific Palisades address, a boutique residential scale, and the appeal of brand-new construction in a celebrated coastal neighborhood. For purchasers seeking fresh design, a scenic setting, and access to the beach and Westside lifestyle, the community represents an exceptional new offering above the Pacific. Construction starts in November 2026, with completion anticipated in the first quarter of 2028.

Features & Amenities

FeeBuilt 2028

Property Details

Land Type
Fee
Year Built
2028
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
Mountain(s), Pool
City
Pacific Palisades
Zip Code
90272
County
Los Angeles
Listed byThe Beverly Hills Estates, Jacqueline Chernov

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$10,102.98
Principal & Interest
Loan Amount
$1,598,400
Total Interest
$2,038,671
Total Payment Over 30 Years
$3,637,071
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

17337 Tramonto Drive, 105, Pacific Palisades, CA 90272

Pacific Palisades · Condominium

$2.00M
Luxury Tier
Beds
2
Baths
3
Sqft
2,037
Lot
1.68 ac
Year
2028
$/Sqft
$981
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 77.6% above the median closed sale of $1,125,000. Price per sqft ($981) is a 43% premium to closed comps ($687). Expect a longer timeline — comps averaged 141 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.00M· $981/sqft
Total list price
Closed comps
vs closed median $1.13M
+$873K (+77.6%)
Active comps
vs active median $1.30M
+$698K (+53.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $776
+$205 (+26.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1674 Palisades DrivePacific Palisades—231,9980$626$1.25M6685
15480 Antioch StreetPacific Palisades1976232,00016,808$898$1.79M9678
17173 Palisades CirclePacific Palisades1974231,734361,377$634$1.10M5270
1730 Palisades DrivePacific Palisades1978331,777363,168$732$1.30M960
870 Haverford AvenuePacific Palisades2008331,91614,197$989$1.90M959
Total: 5 · Average2.43.01,885188,887.5$775.8$1.47M46.4
Median1,916$1.30M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
17169 Palisades CirclePacific Palisades197406/04/2026231,734361,377$1.20M$1.26M$7271.055470
1654 Palisades DrivePacific Palisades197805/05/2026221,776363,168$1.20M$1.13M$6330.9412368
17243 Palisades CirclePacific Palisades197408/27/2026231,531361,377$1.07M$1.00M$6530.9313168
638 Palisades DrivePacific Palisades199509/03/2026332,308137,962$1.90M$1.85M$8020.9822662
1622 Palisades DrivePacific Palisades197406/30/2026231,734361,377$1.20M$1.07M$6200.9017061
Total: 5 · Average2.22.81,816.6317,052.2$1.26M$1.26M$687—140.8
Median1,734$1.13M$1.13M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.