Home of the Day: Palisades home with ties to May Department Co.

This three-structure compound, set on a desirable lot of about a third of an acre in Pacific Palisades, holds remnants of a mansion once owned by the May Department Co. family. Originally located in Beverly Hills, parts of the mansion, including detailed oak paneling, leaded glass windows and stone-and-wood-carved fireplaces, were moved to the Palisades site in the 1950s and used to create the entry, living room and dining room areas of the home.

Location: 764 Patterson Place, Pacific Palisades, 90272

Asking price: $2.995 million

Year built: 1954

House size: 3,164 square feet, seven bedrooms, 4.25 bathrooms

Lot size: 0.30 acres

Features: Oak paneling, leaded glass windows, hardwood flooring, 1,500-square-foot entry, formal living room, dining room, sun room, office, two-bedroom guesthouse, detached garage, rooftop deck

About the area: There were 59 homes sold in the 90272 ZIP Code over the last 90 days at a median sale price of $2 million, according to Redfin. The median list price for that area is $3.7 million.

Agent: Paula Ross Jones, (310) 880-9750, Sotheby’s International Realty

To submit a candidate for Home of the Day, send high-resolution color photos via Dropbox.com, permission from the photographer to publish the images and a description of the house to [email protected].