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321 North Las Casas Avenue, Pacific Palisades, CA 90272

$2.69M4bd · 4ba · 2,639 sqft
Lot 9,102 sqft•Single Family Residence•
Active
•104d on market•MLS# 00-26853941

Property Description

Back on the Market: A rare opportunity with fabulous ocean views (some white water). This coastline view property provides maximum privacy, peace, and natural beauty from the terraced hillside with its mature trees. All it needs is imagination to optimize and landscape the lot. Sunsets are spectacular year round. The charming, updated/renovated older home offers ocean views and has multi-level living spaces for maximum versatility. The terrace and balcony allow for outdoor living as well. With its proximity to the heart of Pacific Palisades, schools, PCH, and the Santa Monica Mountains, this property stands to be a sparkling jewel in the restored crown of the Palisades as it recovers and rebuilds. Within easy walking distance to the Marquez Knolls, reasonable walking distance to schools and town, this property offers the best of both peace and convenience. The history of the Las Casas loop is one of warm community; in recovering from the Palisades Fire, it will certainly continue to offer the benefits of a real neighborhood. Or just buy as a long term investment hold and plan for the future. Invest or live in it, land bank or build. Remember, almost unobstructed view properties do not come up often. Easy to show,Invest or live in it, land bank or build. Easy to show, There is a separate vacant lot (7700sqft) available (has it's own APN) that is also for sale.

Features & Amenities

FeeBuilt 1942

Property Details

Land Type
Fee
Year Built
1942
Property Type
Residential
Property Subtype
Single Family Residence
Heating
See Remarks, Central, Forced Air
Cooling
Central Air
View
Coastline, Mountain(s), Ocean, White Water, See Remarks
Flooring
Tile, Wood
Roof
Shingle, Composition
City
Pacific Palisades
Zip Code
90272
County
Los Angeles
Listed byUnknown Office, Don Dorsey

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$13,627.39
Principal & Interest
Loan Amount
$2,156,000
Total Interest
$2,749,859
Total Payment Over 30 Years
$4,905,859
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

321 North Las Casas Avenue, Pacific Palisades, CA 90272

Pacific Palisades · Single Family Residence

$2.69M
Luxury Tier
Beds
4
Baths
4
Sqft
2,639
Lot
9,102 sqft
Year
1942
$/Sqft
$1021
Pool: No✓
Spa: No✓
View: mountain✓

Listed 13.8% below the median closed sale of $3,125,000. Price per sqft ($1,021) is a 30% discount to closed comps ($1,453). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $2.69M· $1,021/sqft
Total list price
Closed comps
vs closed median $3.13M
−$430K (−13.8%)
Active comps
vs active median $4.00M
−$1.30M (−32.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,525
−$504 (−33.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
225 Notteargenta RoadPacific Palisades1950322,1686,841$1,843$4.00M174
16632 Calle JermainePacific Palisades1995432,78110,995$1,041$2.90M40160
1300 Capri DrivePacific Palisades1954332,64615,877$1,701$4.50M106657
1071 Tellem DrivePacific Palisades1961543,06814,486$1,514$4.64M11754
17713 Posetano RoadPacific Palisades2012332,6223,686$1,524$4.00M11052
Total: 5 · Average3.63.02,65710,377$1,524.6$4.01M339
Median2,646$4.00M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
16999 Avenida De Santa YnezPacific Palisades197508/14/2026432,4755,542$1.77M$1.76M$7120.9927984
17866 Tramonto DrivePacific Palisades195610/02/2026442,9684,922$2.90M$2.70M$9100.933576
501 Ocampo DrivePacific Palisades195107/20/2026332,2218,731$5.89M$5.39M$2,4270.9114674
432 Ocampo DrivePacific Palisades195106/18/2026432,6339,570$4.80M$4.92M$1,8691.022970
1231 El Hito CirclePacific Palisades197208/11/2026432,3228,212$3.00M$3.13M$1,3461.044565
Total: 5 · Average3.83.22,523.87,395.4$3.58M$3.58M$1,452.8—106.8
Median2,475$3.13M$3.13M

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.