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1476 Palisades Dr
Pacific Palisades, CA 90272
Vahn Alexander with Coldwell Banker Realty, original listing - (310) 454-1111
$1,795,000
Conventional
Property
Bedroom
3
Bathroom
Full: 1, ½: 1, ¾: 1
Property Type
Conventional
Square ft
2725 Square Feet
Property Description
WELCOME TO ONE OF THE BEST TOWNHOMES IN THE PACIFIC PALISADES HIGHLANDS! With fantastic mountain and canyon views, this west facing 2,725sf, 3bed/3bath home has an open floor plan, an abundance of natural light, and is bright and spacious throughout. As you enter the front door of this wonderful end unit, you are welcomed by a formal entry and a living room with a fireplace and vaulted ceilings. Next to the living room is a large patio with plenty of space for furniture and a barbeque. A few steps up from the living room is a formal dining room, a wet bar, a guest bathroom, and a chef's kitchen with its own sitting area. This entire portion of the unit has been previously remodeled/redesigned with an open concept and includes hardwood floors w/upgraded baseboards, solid doors with upgraded hardware and trim, custom cabinetry, granite countertops, stainless steel appliances (w/dual ovens and dual dishwashers), custom/led lighting, a small custom elevator which can be used to carry groceries directly to the kitchen from the garage, and surround sound speakers which are pre-wired in the sitting area. Upstairs you have three generous bedroom suites including a large primary bedroom with a fireplace, wrap around balcony, vaulted ceilings, a walk-in and additional closet, a large en-suite bathroom with dual sinks, a bathtub and a remodeled shower. The second bedroom includes a walk-in closet and shares a bathroom with the third bedroom. Additional features include new carpeting, upgraded solid doors, trim, and baseboards, as well as a wonderful skylight which adds even more natural light. On the ground floor you have direct access to a two car garage with side-by-side washer and dryer, an upgraded HVAC system, a recently replaced water heater, and an adjacent bonus room. In addition to 24-hour security patrol, the HOA is surrounded by lush mature landscaping and includes a swimming pool and spa, dry saunas, and a fitness room. For a fee, homeowners may also become a member of nearby Highlands Park which is gated and offers lovely greenspace and off leash hours. Close to all that Pacific Palisades has to offer including the beach, hiking trails, shops, restaurants, schools, Palisades Village, and the Getty Museum, as well as PCH, Santa Monica, and Malibu, this is the perfect opportunity for the right Buyer! FURNISHED PHOTOS ARE VIRTUALLY STAGED.
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential-Townhouse
Year Built
1983
MLS Number
--
Location
Address
1476 Palisades Dr
City
Pacific Palisades
State
CA
Zip Code
90272
County
LOS ANGELES (NORTHWEST LA)
Listing
Name
Phone
(310) 454-1111
Office Name
Office Phone
(310) 454-1111
Agent Name
Vahn Alexander
Agency Phone
(310) 454-1111

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.