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Pacific Palisades MARKETWatch, 9 New Homes & 2 Condos For Sale and 5 Properties Sold the past 7

Monday was President’s Day and the end of a long holiday weekend. The most significant occurrence during the past few days was the amount of rain that we received. After years and years of a drought, this past weekend we had the largest rain storm in the past 6 years. After years of conserving water, it seemed odd to see flooding in the streets and water everywhere. Getting back to the subject of real estate, inventory remains low, and homes are still selling quickly.

Here are the three new listings that I am highlighting this week. You can find the expanded information sheet and photos of this listing by clicking on the "Highlighted Properties".

759 Jacon Way, Pacific Palisades

1) 759 JACON WAY (17-201698)

The first new listing this week is a ranch-style home located north of Sunset Blvd. This two-story home has three bedrooms and two and one half bathrooms and features high vaulted ceilings, hardwood floors and a remodeled center-island kitchen, for a total of 2,397 square feet. The home is on an 11,409 square-foot lot with a swimming pool. Asking price for this Pacific Palisades home is $2,350,000.

1226 Monument Street, Pacific Palisades

2) 1226 MONUMENT STREET (17-201238)

The second listing this week is a traditional-style home with ocean views located north of Sunset Blvd. This two-story home has six bedrooms and seven bathrooms and features a formal living room, a formal dining room, a theater and a chef’s kitchen, for a total of 5,904 square feet. The home is on a 7,438 square-foot lot with a swimming pool and outdoor fireplace. Asking price for this Palisades view home is $5,799,000.

16242 Shadow Mountain Drive, Pacific Palisades

3) 16242 SHADOW MOUNTAIN DRIVE (17-202444)

The second listing this week is a French Chateau with ocean and mountain views located in guard-gated Shadow Mountain community. This two-story home has eight bedrooms and eight and one half bathrooms and features high ceilings, over-sized doors, imported French finishes and a chef’s kitchen, for a total of 8.893 square feet. The home is on a 45,261 square-foot lot with a swimming pool and a sports court. Asking price for this Shadow Mountain estate is $10,620,000.

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