517 Palisades Drive
Pacific Palisades, CA, 90272
$749,000
Original list price: $764,000
MLS: SR26156680
Beds
3
Baths
2
Sq Ft
1,018
Lot
6.65 ac
Year Built
1987
MLS #
SR26156680
Days on Market
90
Listed
Jul 21, 2026
Description
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.
Location
Pacific Palisades, Los Angeles County, CA 90272
Open on Google Maps ↗Listed by: Ravinder Sood · Coldwell Banker Envision
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,567
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $74,900 · Loan: $674,100
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,667
- Property tax (1.25%)
- $780
- Homeowners insurance
- $300
- Mortgage insurance
- $281
- HOA dues
- $539
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $26,215 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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