Yes, it is possible that the Lagrangian of a 3D free particle does depend on components and not only on the absolute value of $v$ for a free particle. For instance $$L(v)= mv^2/2 + cv_x+ v_y\cos(ky)+ hv_z/z$$
gives the correct equation for a free particle of mass $m$.
(This is a special case of lagrangians which differ from the standard one in view of added total derivatives when you change the values of constants c, k, h, and therefore they produce the same equation of motion. Your proposed Lagrangian is of the same type.)
This Lagrangian, differently of the standard one, depends on the choice of axes we use in our inertial reference frame. This does not seem in agreement with the idea that all choices of axes must be equally acceptable. Also the choice of the origin of the axes should be irrelevant. Your modified Lagrangian is not invariant under that choice.
However these are meta physical requirements, because what we can experimentally control are only the laws of motion (more precisely the family of all possible motions) and not the Lagrangian itself, that it is a theoretical not directly accessible notion.
What physics says is only that the family of solutions is invariant under the full Galileo group and thus under rotations and translations in particular.
However this invariance admits many forms for the Lagranguans which determine the invariant family of solutions. To lift the requirement of invariance at the level of Lagrangians is just matter of convenience and not a physical requirement. It should be clearly declared in any foundational approach and I do not think it is the case in the LL textbook.
I stress that this forced requirement of Galileian invariance fails at the end of day in classical mechanics, revealing its unphysical nature! That is because there is no Lagrangian that is invariant in form under the complete Galileo group!
The argument by LL (which I do not like very much as it is ideologically too far from a safe operationist approach) should be viewed as a simplicity argument and nothing further in my view: The standard Lagrangian is the simplest Lagrangian that gives the right equations of motion in a given inertial reference frame without adding arbitrary terms like dimensional constants, choices of the origin, orientation of axes, and all that.