ActiveSingleFamilyResidence

16647 Charmel Lane

Pacific Palisades, CA, 90272

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$3,495,000

MLS: 25573751

Beds

4

Baths

4

Sq Ft

3,357

Lot

0.24 ac

Year Built

1964

MLS #

25573751

Days on Market

178

Listed

Aug 8, 2025

Description

Beautiful Mid-Century Fixer with Breathtaking Ocean Views in Marquez Knolls! Perched in the highly sought-after Marquez Knolls neighborhood, this fabulous mid-century home offers expansive ocean views and timeless architectural charm. Unaffected by recent fires, the property remains a true original offering peace of mind and solid value in one of the most desirable pockets of the Palisades. Inside, you'll find a spacious floor plan with a fantastic layout that flows effortlessly from room to room - ready to be transformed into your custom dream home. Step into a welcoming atrium entryway that fills the home with natural light. Sliding glass doors frame ocean vistas from your living room creating an indoor-outdoor vibe. The home features four bedrooms and four bathrooms across 3,357 sqft of living space including a primary suite complete with spacious bathroom, walk-in closet, and fantastic ocean views. There's also an incredible opportunity to potentially expand the home by completing the second floor, which currently has two bedrooms including the primary suite. With roughly 1,000 square feet available for expansion, the potential to maximize both value and functionality is substantial. Don't miss this exceptional offering where mid-century charm meets endless potential and breathtaking views.

Location

Pacific Palisades, Los Angeles County, CA 90272

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Listed by: Lauren Foster · Resident Group

Payment estimate

$24,578

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $349,500 · Loan: $3,145,500

%
Principal & Interest
$19,326
Property tax (1.25%)
$3,641
Homeowners insurance
$300
Mortgage insurance
$1,311
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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 $122,325 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.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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