Still owned by the Kappe family, the midcentury digs in the Rustic Canyon neighborhood of Pacific Palisades have now hit the market for the first time with an $11.5 million price tag. Architect Ray Kappe poses among his files, floor plans, drawings, and models at the Pacific Palisades home in in 2007. Richard Hartog/Los Angeles Times via Getty ImagesRELATED: A Ray Kappe–Designed Home Lists for $10 Million in Santa MonicaDesignated as Historic-Cultural Monument No. Inside, the open-concept interiors are centered on a sunken living room with a 14-foot beamed ceiling and a two-way fireplace. A central sunken living room is flanked by Kappe’s architecture office below and a den up top.