587 Entrada Drive, Santa Monica, California 90402, Santa Monica, 90402 - 4 bed, 6 bath

587 Entrada Drive, Santa Monica, California 90402 home-pic-0
ACTIVE$5,950,000
587 Entrada Drive, Santa Monica, California 90402
4Beds
6Baths
4,750Sqft
8,127Lot
Year Built
2003
Close
-
List price
$5.95M
Original List price
$6.75M
Price/Sqft
$1,253
HOA
-
Days on market
-
Sold On
-
MLS number
25517911
Home ConditionGood
Features
Good View: Canyon, Ocean
Deck
Patio
ViewCanyon, Ocean

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $5.95M(59th), sqft - 4750(86th), beds - 4(50th), baths - 6(81th).

Timeless Mediterranean Villa accented with thoughtful wood, stone and custom cabinets while providing all the modern day amenities one could ask for. The main upper level provides canyon and ocean views from the oversized, open cook's kitchen/family room with a fireplace. A cozy formal living room/library, also adorned with a fireplace, and the formal dining room are both adjacent to the kitchen. Two bedrooms en-suite plus the luxurious main bedroom are all on one level. The lower floor offers a fourth and potentially 5th bedroom and bath plus a large screening/game room and in addition a large flex office/gym space both leading to the outdoor gardens. The garden level also provides a lovely outdoor entertainment environment including an outdoor fireplace and kitchen adjacent to the grassy yard. When coming home one drives down the cobblestone path to a motor court, through the gates, where one is immediately drawn into the private gracious environment with the backdrop of Santa Monica Mountains before slipping into the three car garage. This sophisticated European style dwelling is in close proximity to Santa Monica, State Beach, Canyon Square and Canyon Elementary.

Price History

Date
Event
Price
05/07/13
Sold
$3,250,000
09/29/03
Sold
$2,550,000
Condition Rating
Good

Built in 2003, this Mediterranean Villa is 21 years old, placing it just outside the 10-20 year range for 'Good' based on age alone. However, the property is exceptionally well-maintained and features high-end, timeless finishes throughout. The kitchen boasts professional-grade stainless steel appliances, custom cabinetry, and natural stone countertops, all in excellent condition. Bathrooms also feature custom wood vanities, natural stone, and appear pristine. Flooring (stone/tile and carpet) and lighting are well-kept and functional. The overall condition is move-in ready with no immediate renovations required, and all major systems appear functional and well-maintained, aligning strongly with the 'Good' criteria for quality and upkeep.
Pros & Cons

Pros

Panoramic Views: The property offers desirable canyon and ocean views from the main upper level, enhancing its appeal and value.
Luxurious & Versatile Design: A timeless Mediterranean Villa featuring thoughtful wood, stone, and custom cabinets, providing modern amenities and a highly functional layout with multiple en-suite bedrooms, a screening/game room, and a flex office/gym space.
Exceptional Outdoor Entertainment: The garden level boasts a lovely outdoor entertainment environment, complete with an outdoor fireplace, kitchen, and a grassy yard, ideal for hosting and relaxation.
Privacy & Secure Access: Ensures a private and secure living experience with a gated entry, cobblestone path leading to a motor court, and a three-car garage.
Prime Santa Monica Location: Strategically located in close proximity to Santa Monica, State Beach, Canyon Square, and Canyon Elementary, offering convenience and access to desirable amenities.

Cons

Overpricing & Price History: The current list price is above the estimated market value, and the property has already seen a significant reduction from its original list price, which may suggest it is still perceived as overpriced or faced initial market resistance.
Lack of Pool/Spa: Despite extensive outdoor entertainment features, the absence of a pool or spa could be a notable missing luxury amenity for a property in this price range and desirable Santa Monica location, especially when compared to similar high-end homes.
Relative Age & Potential for Updates: Built in 2003, the property is older than some newer luxury constructions in the immediate area, which might imply a need for more contemporary updates or maintenance compared to brand-new homes to meet current luxury buyer expectations.

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