Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

761 N Almar Avenue

Pacific Palisades, CA, 90272

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$7,198,000

MLS: 26650993

Beds

5

Baths

7

Sq Ft

4,493

Lot

0.15 ac

Year Built

2026

MLS #

26650993

Days on Market

15

Listed

Feb 12, 2026

Description

Located in a well-established Palisades community with standing homes and minimal nearby impact, this residence offers a rare opportunity to enjoy comfort, privacy, and peace of mind in one of the area's most desirable neighborhoods. This thoughtfully designed home offers 5 bedrooms and 6.5 bathrooms, combining elegant living with contemporary sophistication. The well-planned layout provides effortless luxury, featuring one bedroom and 1.5 baths on the main floor, along with four additional ensuite bedrooms upstairs. Central to the home's design is a spacious chef's kitchen with a walk-in pantry and butler's pantry, perfectly suited for everyday living and upscale entertaining. A first-floor theater adds a unique space dedicated to relaxation and enjoyment, enhancing the home's lifestyle appeal. Outside, enjoy an expansive backyard highlighted by a pool and spa, complemented by a built-in BBQ area and firepit ideal for intimate gatherings or large-scale entertaining. Additionally, the property includes a detached two-story ADU (~240 SF) with its own bathroom and kitchenette, perfect as a guest house, private office, or potential income-producing rental.

Location

Pacific Palisades, Los Angeles County, CA 90272

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Listed by: Jacqueline Chernov · The Beverly Hills Estates

Payment estimate

$50,300

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $719,800 · Loan: $6,478,200

%
Principal & Interest
$39,803
Property tax (1.25%)
$7,498
Homeowners insurance
$300
Mortgage insurance
$2,699
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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 $251,930 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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