Pacific Palisades Property A Steal At $7.3 Million

PACIFIC PALISADES, CA -- This property is a steal at $7.3 million. A nearby property sold for twice as much and was on a lot one-third the size of this one. The home is ripe for a remodel to flip or to build your own little estate.

Located near Palisades Village, the property features a gated, tree-lined private driveway. The 3,248-square-foot Spanish-style home has four bedrooms, three bathrooms. The kitchen has updated stainless steel appliances.

The home also features a living with brick fireplace, a formal dining room and family room. The upstairs master suite has a private den with a wet bar, brick fireplace and a wraparound deck that has a gorgeous view of the ocean and coastline.

Outside, there's a pool and spa and a sprawling landscape with California palm trees making this your perfect little private resort.

• Address: 15951 Alcima Ave, Pacific Palisades, California
• Price: $7,299,000
• Square Feet: 3248
• Bedrooms: 4
• Bathrooms: 4 Baths
• Built: 1970
• Features: Amazing value. New home across the street just sold for $13.25M and was on 1/3 the lot size. Ours is a 69,000 sq. ft. (approximately ~ flat) estate sized property. Perfect for remodel or build your dream estate. Enter through the gated tree lined private driveway to a secluded and private 3,248 sq. ft. Spanish style home with 4 bedrooms 3 ~ baths. Kitchen has updated stainless steel appliances, Living room with brick fireplace; Formal Dining Room; Family Room and 3 bedrooms all on the main level. Master suite is upstairs with private den, including wet bar, brick fireplace and wraparound deck. Step outside to the beautiful Don Burgess pool and spa and sprawling landscape with California palm trees making this the perfect palisades retreat. Take steps to the top where you will find gorgeous views of the Pacific Ocean and coastline. Great location, just a few blocks to the Palisades Village.

This listing originally appeared on realtor.com. For more information and photos, click here.