Friday, September 7, 2007

Ancient Palisades

Heading up the coast, how about this 3 bed / 2 bath Pacific Palisades house at 17833 Porto Marina Way, asking $1,795K, first place at 329 days in the Under $2M Division of the Ancient Listings of Pacific Palisades. Originally listed for $1,895K, it was reduced in June, and has fallen out of escrow twice, in June and August.

"With its broad sunset vistas across the Santa Monica Bay, and whitewater view of Will Rogers State Beach directly below, it is easy to understand why the artists in residence lived their lives here. No grand pretense, but rather a daily relationship with nature and the invigorating ocean climate. And who but artists would purchase an adjacent lot just to keep a garden? The lot is a separately deeded parcel, & is included in the price. The entire package is a great value for ocean view property...."

Apparently the "daily relationship with nature" includes going outside up the stairs to the master bedroom. Too arty for current Palisades buyers? Nice view though; I took this photo from a little farther up Porto Marina.


Anonymous said...

Listing price too high for 2000 sq ft, 3600 lot, considering landslides risk and narrow street access, bad for development (coastal rules). Compare to Pac Pali houses with landvalue on flat lots with wide street access.

Anonymous said...

Current owners have an evil reverse mortgage and need to have maximum value palced on the lot next door and minimal value on the house lot.

Ann 819 said...

isn't that the neighborhood where the houses slide onto coast highway?