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.
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
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
YEAR
PROP. TAX
ASSESSMENT
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.
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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
8
/10
Canyon Elementary School
421 Entrada Dr
Distance between this listing and this school1.06 miles
Public Charter Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.52 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school12.37 miles
Public Magnet Grades 1-5
Middle School
8
/10
Paul Revere Middle School
1450 Allenford Ave
Distance between this listing and this school0.81 miles
Public Charter Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school15.90 miles
Public District Grades 6-8
High School
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school9.95 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school16.84 miles
Public Magnet Grades 9-12
Assigned Schools
8
/10
Canyon Elementary School
421 Entrada Dr
Distance between this listing and this school1.06 miles
Public Charter Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.52 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school12.37 miles
Public Magnet Grades 1-5
Assigned Schools
8
/10
Paul Revere Middle School
1450 Allenford Ave
Distance between this listing and this school0.81 miles
Public Charter Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school15.90 miles
Public District Grades 6-8
Nearby Schools
9
/10
Lincoln Middle School
1501 California Ave
Distance between this listing and this school1.55 miles
Public District Grades 6-8
Assigned Schools
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school9.95 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school16.84 miles
Public Magnet Grades 9-12
Nearby Schools
5
/10
University Senior High School
11800 Texas Ave
Distance between this listing and this school2.61 miles
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 8/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Academy For Enriched Sciences: GreatSchools Rating 9/10Paul Revere Middle School: GreatSchools Rating 8/10Studio: GreatSchools Rating 4/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10Math, 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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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.