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Fortune
Fortune
Marco Quiroz-Gutierrez

DARK SECRETS: After the palisades fire burned down this la home the plot sold for more than 1 million as a blank canvas | Rare Historical Photos

(Credit: Roger Kisby—Bloomberg/Getty Images)
  • After a home in the Pacific Palisades burned down, the empty charred lot sold for more than $1 million and may be getting a second life through redevelopment by a local investor.

After last month’s California wildfires burned down a pristine Pacific Palisades home, the remaining charred lot still sold for over $1 million.

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