
Santa Monica, California 90402
This property represents a High-Potential Investment Opportunity with a List Price of $5,495,000—positioned well below the $6,107,648 Fair Market Value by 10%. This valuation gap provides $612,648 in Instant Equity for buyers. While the 1965 structure holds a Fair Condition Rating, the value lies in the 11,000-square-foot lot with direct Rustic Canyon Park access and verbal approval for a 6,240-square-foot expansion. This Value-Add Asset is a premier development site ideal for Developers or Visionary Owner-Users.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 630 Hightree Road Subject | $5,495,000* List Price | 3 | 3 | 2,724 | $2,186 | - |
A 1015 San Vicente Boulevard Sold | $3,850,000 | 3 | 3 | 2,332 | $1,651 | 0.6 mi |
B 506 Georgina Avenue Sold | $6,250,000 | 4 | 4 | 2,451 | $2,550 | 0.8 mi |
C 671 San Lorenzo Street Sold | $4,266,200 | 2 | 4 | 2,473 | $1,725 | 0.4 mi |
D 246 16th Street Sold | $4,650,000 | 4 | 3 | 2,388 | $1,947 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965 and largely in original condition, this property exceeds the 50-year threshold without a comprehensive renovation. While the kitchen features a high-end Wolf range, the cabinetry, tile work, and bathrooms are significantly dated. The listing's emphasis on 'limitless potential,' site leveling, and verbal approvals for a massive square footage increase indicates the value is primarily in the land and the structure requires a total rehab or replacement.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11092, living area = 2724.
Situated in the prestigious Rustic Canyon, this property offers rare direct access to Rustic Canyon Park, providing an immersive connection to nature in one of Santa Monica's most coveted neighborhoods.
The expansive 11,000-square-foot lot comes with a completed survey, leveled backyard, and verbal approval to expand the residence up to 6,240 square feet, offering a massive value-add opportunity for visionaries.
At a list price of nearly $5.5 million for the existing 1965 structure, the property requires a substantial additional financial commitment to realize its full potential through renovation or expansion.
The original 1965 construction likely necessitates comprehensive updates to mechanical systems and interior finishes to align with modern luxury standards and energy efficiency.
Located in one of the Westside's most coveted neighborhoods, discover 630 Hightree Rd. This one of a kind residence embodies timeless mid-century charm on an expansive 11,000-square-foot, sunny lot, seamlessly blending natural beauty with limitless potential. With direct access to Rustic Canyon Park, this property provides an immersive connection to nature, offering a serene backdrop for daily life and unmatched potential for added value. For visionaries, the groundwork has been meticulously prepared: the survey is done, the front yard has been cleared of debris, the backyard has been completely leveled, as-built files are in hand, and the property comes with verbal approval to add up to 6,240 square feet with clearance from the best expenditures in the business. The 1965 home is a 2,724 square foot, three-bedroom, three-bathroom Mid-century that holds rich detail with unique corners from the mind of architect June Veloso. At its heart, a grand wood-burning fireplace creates a warm focal point, surrounded by character-filled living spaces that invite comfort and connection. The upper level hosts two beautifully appointed bedrooms, each designed with comfort and privacy in mind with an extra bedroom below. The dining room seamlessly opens to the large backyard, crafting an ideal setting for indoor-outdoor living with effortless access to the kitchen. To the west, a private deck provides a tranquil retreat with sweeping views over the front of the property, bathed in sunlight.This residence beautifully captures the essence of mid-century design while offering endless potential for modern refinement, promising a home that celebrates both history and vision. 630 Hightree Rd presents a rare opportunity for thoughtful customization, transforming it into a premier estate in one of Los Angeles's most sought-after canyons. This is your chance to create an architectural legacy in the heart of Rustic Canyon.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 2,724 | 2,684 | 50% |
| Lot Size | 11,092 | 8,691.5 | 78% |
| Price | $5.50M | $5.10M | 61% |
| Price per sq ft | $2.0K | $2.0K | 52% |
| Built year | 1965 | 1944 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 115 | 7% |
May 4, 2026
$5,495,000
Initial Listing
Aug 4, 2022
$5,400,000
Public Record