28 days on rocket

1056 Corsica Dr, Pacific Palisades, CA, 90272

$16,495,000

5 Bedrooms
5 Full Baths
5,376 SqFt
$3,068/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Garage, Gated, Side By Side
Attached GarageYes
Year Built1951
HeatingCentral
CoolingCentral Air
FireplaceFamily Room, Living Room
ViewCity Lights
MLS #24369351
Lot Size0.57 Acres
StatusActive

About 1056 Corsica Dr

Incredibly hard to find a double-lot (two separate parcels; 1056 and 1040 Corsica Drive) that boasts apx. 25,000 square foot flat lot on one the best and most prestigious and gorgeous tree-lined streets in the Pacific Palisades Riviera; within a short distance to the world recognized Riviera Country Club; one of the greatest golf courses in the world, and host to the greatest golf tournaments in the world. Inside this beautiful traditional style home offers a seamless blend of comfort and sophistication across its spacious and open floor plan, offering apx. 5,376 square feet of living space with the potential for the next owner to create a grand brand new home. Seller has fully approved plans to build a 12,000 square foot brand new home on this rare resort like yard, to create a legendary, or to fully enjoy the home as-is. The first floor of this beautiful home exudes warmth and natural light, with sun-filled living spaces that seamlessly flow to the outdoors, taking full advantage of the incredible and truly breathtaking landscaped grounds that provide multiple outdoors to enjoy.Dive into relaxation in the shimmering pool, unwind in the bubbling hot tub, or gather around either of the two inviting fire pit areas for evenings filled with laughter, warmth and creating a lifetime of memories. Challenge friends to a friendly match on the paddle tennis court or full-size basketball court, kids can play on the built-in trampoline, slide and swing using the outdoor play structure or enjoy a game of grass volleyball in your own private oasis. With multiple patios and an outdoor grill area, entertaining is effortless, whether it's an intimate gathering or a grand affair for hosting large events or weddings that can host 200+ guests. Excluding the primary suite and nursery, all 4 secondary bedrooms are downstairs. One of the downstairs bedroom suites can easily be used as a secondary primary. Prepare gourmet meals with ease in the professional chef's kitchen, featuring top-of-the-line appliances and a layout designed for culinary mastery, with a large breakfast area nearby, all opening to the massive family room with cozy fireplace and secondary breakfast area with bay window to enjoy the views of the incredible yard.Whether you host casual meals in the family room or host elegant dinner parties in the formal dining room, each offers its own unique ambiance.Ascend upstairs to the 2,500 square foot second-story primary suite that overlooks the property. Indulge in the spa-like bathroom area with a unique skylit shower, and find inspiration in the well-appointed office space that is currently used as a nursery. The suite also provides a massive closet with an entire additional room behind a secret door that storage is never an issue. Rarely do homes like this come on the market, with the ability to buy both lots side-by-side to either keep as-is, build a legendary estate using both lots or build a separate home on the separate lot.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1951
  • Stories: 2
  • Living Area: 5,376 SqFt

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (310) 454-0080
  • Listing Agent: Robert Radcliffe

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor, Dryer, Washer
  • Flooring Type: Carpet, Wood
  • Fireplace: Family Room, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: City Lights

Parking Information:

  • Attached Garage: Yes
  • Parking: Carport, Garage, Gated, Side By Side

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Lawn, Landscaped
  • Lot Size: 0.57 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Paul Revere Middle School, Public Charter Grades 6-8
  • Studio, Public District Grades 6-8
  • Canyon Elementary School, Public Charter Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: South of Sunset Blvd between Amalfi and Capri.

Price Information

Listing Price Info

Price Summary:

  • List Price: $16,495,000
  • Price Per SqFt: $3,068/SqFt

Tax Information:

  • Annual Amount: $32,852
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1056 Corsica Dr vs Los Angeles

28 DAYS ON ROCKET

-6 Days

$16,495,000

+$15.5M More

$3,068/SqFt

+$2.4K More

KEY TAKEAWAY

This property is $15.5M more than the Median Sold Price and $2.4K/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24369351

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (310) 454-0080
  • Listing Agent: Robert Radcliffe

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 7:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$32,852$2,732,267
2020$31,869$2,704,252
2019$31,690$2,651,229
2018$31,005$2,599,245
2017$31,005$2,548,280

History based on county public records data.

Payment Calculator

$82.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$49.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4362833
8
/10
  • Canyon Elementary School

  • 421 Entrada Dr

  • 1.06 miles

  • Public Charter Grades KG-5

school-card-donut-4362834
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.52 miles

  • Public Magnet Grades KG-6

school-card-donut-4362835
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 12.37 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-4362836
8
/10
  • Paul Revere Middle School

  • 1450 Allenford Ave

  • 0.81 miles

  • Public Charter Grades 6-8

school-card-donut-4362837
4
/10
  • Studio

  • 2211 W Avenue 30

  • 15.90 miles

  • Public District Grades 6-8

High School

school-card-donut-4362838
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 9.95 miles

  • Public Magnet Grades 9-12

school-card-donut-4362839
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 16.84 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $197,802. The most common annual income of people living in Los Angeles, CA is $200k+. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1056 Corsica Dr

What is the listing price of this property?

The listing price of 1056 Corsica Dr property is $16,495,000.

What type of property is this?

The property 1056 Corsica Dr is a house located in Pacific Palisades, California, 90272.

Is this property for sale now?

Active Listing: 1056 Corsica Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1056 Corsica Dr are:
Canyon Elementary School: GreatSchools Rating 8/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Paul Revere Middle School: GreatSchools Rating 8/10
Studio: GreatSchools Rating 4/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $32,852 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1056 Corsica Dr has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1056 Corsica Dr is 5,376 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1056 Corsica Dr is 1951.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles902721056 Corsica Dr

This home is located at 1056 Corsica Dr in Pacific Palisades, CA and zip code 90272 in the Pacific Palisades neighborhood. This 5,376 square foot home, which was built in 1951, sits on a 0.57 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $16,495,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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