ActiveSingleFamilyResidence

1232 Corsica Drive

Pacific Palisades, CA, 90272

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$18,700,000

MLS: 26669625

Beds

5

Baths

8

Sq Ft

10,260

Lot

0.34 ac

Year Built

2015

MLS #

26669625

Days on Market

11

Listed

Apr 3, 2026

Description

Tucked away in the highly sought-after Lower Riviera of Pacific Palisades, this exceptional traditional estate captures the spirit of understated luxury through impeccable craftsmanship, refined details, and a calm, sophisticated atmosphere. From timeless finishes to thoughtfully executed upgrades and distinctive architectural windows, the home has been designed with both beauty and livability in mind. Spanning three expansive levels, the residence offers a natural sense of flow and balance. On the main floor, bathrooms accented with amethyst and rose quartz bring a subtle, tranquil elegance. Formal spaces include a richly detailed study and a graceful dining room, complemented by a hidden butler's pantry and separate wet bar ideal for both intimate dinners and larger gatherings. At the center of the home, the chef's kitchen stands out with its honed marble hood, top-tier appliances, and a welcoming breakfast nook. Just beyond, the family room opens effortlessly to a secluded outdoor setting featuring a bluestone terrace, pool and spa with automated cover, built-in BBQ, wood-fired pizza oven, and mature hedging for privacy. Natural light pours into the upper level through skylights, where two ensuite bedrooms and a versatile bonus room complete with custom wallpaper and whiteboard walls offer flexibility for work, study, or play. The primary suite is a true retreat, highlighted by vaulted ceilings, linen-upholstered walls, a statement fireplace, motorized blackout shades, and a private balcony with subtle ocean glimpses. Its spa-like bath features hand-laid Michael Aram floral marble, heated floors, dual walk-in closets, and a dual-suite configuration with individual Japanese toilets. The lower level is designed for both relaxation and recreation, showcasing a cutting-edge home theater with a full-scale screen, cinema-quality projection, custom seating, and rich black mohair walls. This floor also includes a generous flex space, an additional bedroom, a custom wine cellar, and a fully equipped gym with mirrored walls and a ballet barre. Additional features include a comprehensive security system, Crestron whole-home audio and video integration, three retractable outdoor awnings, a vegetable garden, and completed post-fire inspection with air-quality remediation for added reassurance. Blending classic elegance with modern comfort, this home presents a rare opportunity to live in one of Los Angeles' premier neighborhoods, just moments from the renowned Riviera Country Club. Offered partially furnished, it includes a thoughtfully curated selection of designer and custom furnishings throughout.

Location

Pacific Palisades, Los Angeles County, CA 90272

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Listed by: Michelle Schwartz · The Agency

Payment estimate

$130,198

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,870,000 · Loan: $16,830,000

%
Principal & Interest
$103,406
Property tax (1.25%)
$19,479
Homeowners insurance
$300
Mortgage insurance
$7,013
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Pacific Palisades home with as little as 3.5% down using an FHA loan — roughly $654,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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