
Santa Monica, California 90402
This Architectural Mid-Century Estate is listed at $5,950,000, offering a stable valuation aligned with its $5,876,472 Fair Market Value. Holding a Fair Condition Rating, the 1965 June Veloso design presents a significant Value-Add Opportunity in the coveted Rustic Canyon neighborhood. The property features a forested greenbelt view, a private deck, and an expansive 11,092-square-foot lot with verbal approval to expand the residence up to 6,240 square feet. Located within the Los Angeles Unified School District, this is a high-potential acquisition for Luxury Developers or Visionary Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 630 Hightree Road Subject | $5,950,000* List Price | 3 | 3 | 2,724 | $2,157 | - |
A 671 San Lorenzo Street Sold | $4,266,200 | 2 | 4 | 2,473 | $1,725 | 0.4 mi |
B 275 Amalfi Drive Sold | $4,280,000 | 4 | 3 | 2,280 | $1,877 | 0.5 mi |
C 506 Georgina Avenue Active Under Contract | $6,495,000 List Price | 4 | 4 | 2,451 | $2,650 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, this mid-century modern home retains its original architectural charm and appears well-maintained. However, while the kitchen boasts high-end appliances, the cabinetry, countertops, and flooring are dated. The bathrooms are also significantly outdated in style and features. The property description itself highlights 'endless potential for modern refinement' and 'thoughtful customization,' indicating that substantial modernization is required to meet contemporary luxury standards, rather than just minor updates. It is aged but functional, aligning with the 'Fair' category's description of a home that is 'aged but maintained through regular upkeep and occasional updates' and where 'major components are functional but show signs of being outdated.'
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 one of the Westside's most sought-after neighborhoods in Santa Monica, offering prestige and desirability in the heart of Rustic Canyon.
Meticulously prepared groundwork, including surveys and cleared areas, with verbal approval to expand the residence up to 6,240 square feet, presenting immense value-add opportunity for a visionary buyer.
Despite its architectural charm, the 1965-built home explicitly suggests 'endless potential for modern refinement' and 'thoughtful customization,' indicating substantial investment will be needed to update it to contemporary luxury standards.
With a list price of $5.95 million, the property is positioned at a premium, yet it requires significant additional capital for the implied renovations and expansion, potentially narrowing the buyer pool to those with substantial budgets for both acquisition and development.
While the expansive lot offers approval for a much larger home (up to 6,240 sqft), the existing 2,724 sqft residence may feel modest for a property of this caliber and price point, especially for buyers not immediately ready to undertake a major construction project.
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 | 4.0 | 41% |
| Baths | 3.0 | 4.0 | 45% |
| Square foot | 2,724 | 2,783 | 50% |
| Lot Size | 11,092 | 8,690.5 | 82% |
| Price | $5.95M | $5.10M | 68% |
| Price per sq ft | $2.2K | $2.0K | 61% |
| Built year | 1965 | 1948 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 541 | 189 | 0% |
Oct 28, 2024
$5,950,000
Initial Listing
Aug 4, 2022
$5,400,000
Public Record