For sale · Active

517 Palisades Drive

Pacific Palisades, CA 90272

$749,000
Bedrooms & bathrooms3 Beds • 2 Baths
Living area1,018 Sq Ft
Lot size6.6546 acres
Property typeCondominium
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Listing broker / agent: Coldwell Banker Envision · Ravinder Sood · 818-554-5050 · CRMLS

MLS # SR26156680 · Last checked Oct 20, 2026 06:00 UTC

About this property

One or more photos have been virtually staged with furniture. A rare opportunity to own a home at an exceptional price in one of Pacific Palisades’ most prestigious and upscale communities. Welcome to this light-filled, three-bedroom, two-bath residence in the sought-after Casa Gateway Affordable Housing Community, ideally situated where Sunset Boulevard meets Palisades Drive in the Highlands. Enjoy breathtaking ocean views from the dining-area balcony and the opportunity to reimagine the interior to reflect your personal style. The open-concept floor plan offers seamlessly connected living spaces, two private balconies, and numerous windows that welcome natural light and refreshing coastal breezes. The sunlit kitchen is well suited for everyday living and entertaining, featuring a breakfast counter and ample cabinetry. The primary suite includes a private balcony, an en-suite bathroom with a separate tub and water closet, an exterior vanity area, a walk-in closet, and additional storage. The seller has recently refreshed the residence with a new coat of interior paint, new toilets with washlets, new window blinds, and resurfacing of both private balconies. Professionally managed and beautifully landscaped grounds provide a peaceful residential setting. The detached garage includes two tandem parking spaces, a remote-controlled garage door, and additional secured storage. Located moments from world-renowned beaches, the Self-Realization Fellowship Lake Shrine, premier surfing destinations, upscale dining, and Palisades Village, this residence offers a wonderful balance of sophisticated urban living and coastal tranquility. Buyer is advised to consult with their lender regarding available financing options. Buyer must be approved by the Los Angeles Housing Department. Buyer's household annual income not to exceed $189,000,minimum 3 family members to occupy with one being a dependent showing on Buyer's Tax Returns. The applicable LAHD covenant is in the Supplements.

Property details

MLS number
SR26156680
Status
Active
Type
Residential
Subtype
Condominium
Beds / baths
3 Beds • 2 Baths
Living area
1,018 Sq Ft
Lot size
6.6546 acres
County
Los Angeles
Year built
1987
Stories
1
More property detailsExpandCollapse

Listing

Days on market
27

Building

Year built
1987
Year built source
Assessor
Architectural style
Contemporary
Stories
1
Building stories
2
Levels
One
Entry level
2
Construction
Drywall, Stucco
Roof
Spanish Tile
Living area source
Assessor

Bathrooms

Full bathrooms
2

Rooms & interior

Main-level bedrooms
2
Main-level bathrooms
2
Rooms
Bedroom, Primary Bathroom, Primary Bedroom
Appliances
Dishwasher, Free Standing Range, Gas Range, Water Heater, Dryer, Washer
Interior features
Balcony, Recessed Lighting, Unfurnished, All Bedrooms Down, Bedroom On Main Level, Main Level Primary
Flooring
Laminate
Heating
Central
Cooling
None
Fireplace
None
Laundry
Washer Hookup, Gas Dryer Hookup, Inside, Laundry Closet

Exterior & parking

Total parking spaces
2
Garage spaces
2
Parking
Garage Faces Front
Attached garage
No
Pool
None
Spa
None
Patio / porch
None
Lot features
Sixteen To Twenty Units Acre
Lot size source
Assessor
Property outlook
Neighborhood, Ocean, Panoramic, Water

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Available, Water Connected
Community features
Urban
Association amenities
Maintenance Grounds, Other

Fees & lease terms

Association
Yes
Association fee
$538.52
Association fee frequency
Monthly

Schools reported in the listing

High school district
Los Angeles Unified

School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.

Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Marquez Charter (school website, opens in a new tab) Los Angeles Unified · Pacific Palisades K–5 0.3 mi
Palisades Charter High (school website, opens in a new tab) Los Angeles Unified · Pacific Palisades 9–12 1.3 mi
Palisades Charter Elementary (school website, opens in a new tab) Los Angeles Unified · Pacific Palisades K–5 1.5 mi
Canyon Charter Elementary (school website, opens in a new tab) Los Angeles Unified · Santa Monica K–5 2.5 mi
Roosevelt Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica K–5 3.2 mi
Paul Revere Charter Middle (school website, opens in a new tab) Los Angeles Unified · Los Angeles 6–8 3.4 mi
Lincoln Middle (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica 6–8 3.8 mi
Franklin Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica Not reported 3.9 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$749,000
MLS-reported original asking price
$764,000
MLS-reported previous asking price
$764,000
MLS-reported last price change
2026-07-21 09:02 UTC
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 05:37$749,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Pacific Palisades

Active residential homes for sale in Pacific Palisades, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings95Current authorized inventory
Median asking price$6,495,00095 listings with a valid price
Median asking price / sq ft$776.628 listings with confirmed sq ft
Median days on market4295 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction14
Listings with an increase1

14 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-20 06:46 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Loan assumptions and ownership costs

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