Cosimo Pizulli Lists Marquette Street Family Compound Estate

By LILY TINOCO | Reporter

After several years of challenges, architect and winemaker Cosimo Pizulli’s one-and-a-half-acre coastal vineyard estate on Marquette Street has recently been listed for purchase and redevelopment.

The private sanctuary, located at 560-620 N. Marquette Street, spans eight adjacent lots occupying 64,500 square feet. Each lot ranges in size from approximately 5,500 to 9,500 square feet.

For the past four years, Pizulli was challenged with seeking City Planning Commission entitlements to build eight new single-family residences on the property.

The project also received opposition at a series of Pacific Palisades Community Council meetings and public hearings toward the end of 2018, with neighbors citing that the development would cause damage and potential landslides on the narrow street. Pizulli argued at the time that he had gotten required reports done and that there was no issue from the city.

Now that entitlements to build up to eight new homes on the space have been granted, the estate is up for grabs.

 The eight lots were originally recorded in 1926. By 1930, all lots had been purchased by a single owner who constructed a cottage house, California ranch house, mid-century post and beam home—which are still on site.

In the early 2000s, current owner Pizulli planted a vineyard on the property’s slope and has been producing a private wine label known as Paliscolo Sangiovese on site since.

“My wife and I have been blessed to raise our family here for the past 21 years and now that we’re empty nesters, we feel it’s the ideal time to pass the estate onto a new family to enjoy for the next 20-plus years,” Pizulli said to the Palisadian-Post. “This property has been kept organic with 100% all-natural landscaping practices—from the vegetable garden, fruit orchard and vineyard—making it a special place for someone looking to own a cultivated outdoor space for their family.”

Additional features on the property include a saltwater pool and spa, a koi pond with a running creek, an above-ground custom wine cellar and tasting room.

“The estate includes an imported Italian granite cobblestone driveway, with Tennessee large format flagstone paving on the deck accent with hand-cut three-inch think open pour travertine stone imported from Italy for the pool trim and spa with Bisazza glass cut mosaic tiles,” Pizulli said about the property.

Pizulli added that this is an “incredible opportunity for redevelopment.”

The property is situated at the end of a cul de sac, and within two miles of both Palisades Village and the beach. The bid deadline is June 25, 2020.

“I’m told it’s the second largest residential site south of Sunset Boulevard in the Palisades,” said Andrew Levant, the lead broker for the estate. “I’ve been so encouraged by the responses so far that I think it’s definitely going to find a new home.”