1047 Chautauqua

Located in the Alphabet Streets, mere blocks from Palisades Village, this 7,073-square-foot parcel offers a premier opportunity to take part in the Palisades' next chapter. Prior to the recent wildfire event, the site included a newly constructed modern residence -- completed in Dec. 2023 -- with 6,402 square feet of refined living, including 7 en suite bedrooms and 9 bathrooms. Delivered with the sale are previously approved architectural plans (2022) for the former home with highlights including a thoughtfully designed layout with a private elevator, gourmet kitchen with butler's pantry, formal dining room, expansive primary suite, a lower-level retreat with rec room and theater, and an attached two-car garage. The exterior space was designed for resort-style living, complete with a rooftop deck with far-reaching ocean views and a backyard with a pergola-shaped patio, pool, and spa. The property was deferred to Phase 2 environmental remediation and this will be completed at no cost to the buyer. Located just moments from Palisades Village, with seamless access to the Westside and beyond via Sunset Boulevard and PCH, this exceptional offering presents a significant head start toward crafting a dream residence while contributing to the revitalization of this cherished coastal enclave.