If you absolutely must start from scratch to build yourself a Hill Section estate, your options for dirt are now up to 4 on the public market.
Here they are in price order:
- 1022 1st (click for pics & details via Redfin) is high up on the hill – almost too high, near Sepulveda – with bona fide ocean views but a…
If you absolutely must start from scratch to build yourself a Hill Section estate, your options for dirt are now up to
4 on the public market.
Here they are in price order:
- 1022 1st (click for pics & details via Redfin) is high up on the hill – almost too high, near Sepulveda – with bona fide ocean views but a smallish lot, just 4800 sq. ft. It's up now at $1.497m. Try to ignore the bogus re-lists – this one has been on offer since June 3, 2008, when it started at $1.9m.
Of course, one problem for this listing is that buying the lot and building it out won't give you anything as great, for the money, as neighboring 1042 1st, a 5br/5ba, 4800 sq. ft. home on a slightly larger 5800 sq. ft. lot, now at $2.995m.
- 113 S. Dianthus is at a similar point up on the hill, a 6250 sq. ft. lot now listed at $2.999m. It's on the west side of Dianthus, still well positioned to capture big views. (It's the source of our main pic up above.)
- 919 1st is the newest entry, a much bigger lot (8600 sq. ft.) – again at roughly the same point on the hill as the others, this one starting out at $4.5m. The views here from the north side of 1st across the decline southward are extremely compelling. The existing home (3br/2ba, 1950 sq. ft. with pool), which they insist on picturing in detail, is not quite so compelling.
- 222 N. Poinsettia is a double-wide lot (13,800 sq. ft.) not quite as high up as the others mentioned here, currently at $5.995m. This one has gotten plenty of attention at MBC previously.
So the dirt options, all with views, all near each other, are at about $1.5m, $3m, $4.5m and $6m, those prices aligning fairly well with the lot sizes and locations. Or so it would seem. With no spec builders and fewer dream-home dreamers these days, the dirt market appears confused for now as options grow.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of May 7th, 2024 at 7:30pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.