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1053 Enchanted Way
1053 Enchanted Way, Pacific Palisades, CA 90272
1053 Enchanted Way, Pacific Palisades, CA 90272
3
beds
3
baths
2,219 Sq.Ft. LIVING AREA
0.87 Acres lot
It was one of Los Angeles’s lushest neighborhoods. The Palisades Fire was a highly destructive wildfire that began burning in the Santa Monica Mountains of Los Angeles County on January 7, 2025, and grew to destroy large areas of Pacific Palisades, Topanga, and Malibu before it was fully contained on January 31, after 24 days. The January wildfires devastated the area, destroying luxury homes—on average valued at $3.7 million—accumulating an estimated $50+ billion in losses. Recovery has been sluggish, constrained further by slow infrastructure rebuilding (e.g., grocery stores) and costly, high entry points for fire-damaged lots in the Palisades. Wall Street Journal On the bright side, Caruso is investing $50 million to restore Palisades Village, aiming for a renewed retail heart by early 2026.
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