705 Palisades Beach Road, Santa Monica, California 90402, Santa Monica, 90402 - 4 bed, 5 bath

705 Palisades Beach Road, Santa Monica, California 90402 home-pic-0
PENDING$15,595,000
705 Palisades Beach Road, Santa Monica, California 90402
4Beds
5Baths
3,908Sqft
11,404Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unrivaled Oceanfront Location & Lot Size: Positioned on Santa Monica's iconic Gold Coast with approximately 60 feet of coveted beach frontage, this is one of the largest and most desirable oceanfront parcels in the area.
Top Cons:
Age of Original Construction (1922): Despite extensive renovations, the property's original construction date of 1922 may present challenges related to older infrastructure or unforeseen maintenance requirements.

Compared to the nearby listings

Price:$15.60M vs avg $5.50M (+$10,095,000)97%
Size:3,908 sqft vs avg 3,155 sqft68%
Price/sqft:$4.0K vs avg $1.7K98%

More Insights

Built in 1922 (103 years old).
Condition: Despite being built in 1922, this property has undergone a 'masterful' and 'extensive' renovation, transforming it into a modern coastal luxury estate. The kitchen is artfully redesigned with marble countertops, premium Stainless Steel appliances (Wolf range, Sub-Zero refrigerator), and a wine fridge, all appearing new and high-end. The primary bathroom is spa-inspired with dual vanities, a soaking tub, and a walk-in rain shower, reflecting contemporary luxury. Hardwood floors, recessed lighting, and modern fixtures are visible throughout, indicating that all major components and finishes are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1922
Close
-
List price
$15.6M
Original List price
$15.6M
Price/Sqft
$3,991
HOA
-
Days on market
-
Sold On
-
MLS number
25610245
Home ConditionExcellent
Features
Excellent View: Ocean
Pool
Spa
Patio
ViewOcean

About this home

Timeless elegance meets modern coastal luxury in this masterfully reimagined Mediterranean estate. Set on one of the largest oceanfront lots in the area, along Santa Monica's iconic Gold Coast. Once home to Hollywood legend Douglas Fairbanks, this rare property spans roughly 60 feet of coveted beach frontage, uniting rich history with refined contemporary living. Step inside to an airy, sun-splashed living space where ocean breezes flow seamlessly through wide glass doors opening to a private backyard sanctuary. Designed for effortless entertaining and everyday serenity, this home comes furnished with an outdoor retreat features a sparkling pool and spa, lush green lawn, and multiple areas for dining and lounging beneath the California sky. A full outdoor kitchen complete with built-in grill and wood-fired pizza oven sets the stage for unforgettable gatherings against the backdrop of the Pacific. The chef's kitchen has been artfully redesigned with marble counter tops, premium Stainless Steel appliances, including a Wolf range and Sub-Zero refrigerator, complemented by a casual dining nook that invites connection and comfort. There are 2 convenient guest suites located on the main floor, while an elevator ensures easy access to both levels. Upstairs, find another guest suite with a private bath and the stunning primary suite, a tranquil haven with a cozy sitting area, spa-inspired bathroom featuring dual vanities, soaking tub, and walk-in rain shower. Step onto the private ocean-view terrace and take in panoramic coastal vistas and postcard-perfect sunsets. Blending Hollywood heritage with sophisticated seaside living, this re-envisioned oceanfront villa is more than a home it's a rare piece of California's coastal legacy, situated on one of the most substantial beachfront parcels on the Santa Monica coast.

Price History

Date
Event
Price
05/28/21
Sold
$12,820,000
Condition Rating
Excellent

Despite being built in 1922, this property has undergone a 'masterful' and 'extensive' renovation, transforming it into a modern coastal luxury estate. The kitchen is artfully redesigned with marble countertops, premium Stainless Steel appliances (Wolf range, Sub-Zero refrigerator), and a wine fridge, all appearing new and high-end. The primary bathroom is spa-inspired with dual vanities, a soaking tub, and a walk-in rain shower, reflecting contemporary luxury. Hardwood floors, recessed lighting, and modern fixtures are visible throughout, indicating that all major components and finishes are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Unrivaled Oceanfront Location & Lot Size: Positioned on Santa Monica's iconic Gold Coast with approximately 60 feet of coveted beach frontage, this is one of the largest and most desirable oceanfront parcels in the area.
Historical Significance & Masterful Renovation: A 'masterfully reimagined' Mediterranean estate with a rich history, once home to Hollywood legend Douglas Fairbanks, blending timeless elegance with modern luxury.
Luxurious Outdoor Entertainment Oasis: Features a private backyard sanctuary with a sparkling pool, spa, lush lawn, multiple lounging areas, and a full outdoor kitchen with a built-in grill and wood-fired pizza oven.
Gourmet Chef's Kitchen: Artfully redesigned with marble countertops, premium Stainless Steel appliances including a Wolf range and Sub-Zero refrigerator, catering to culinary enthusiasts.
Panoramic Ocean Views & Opulent Primary Suite: Offers breathtaking panoramic coastal vistas and sunsets from a private ocean-view terrace, complementing a tranquil, spa-inspired primary suite.

Cons

Age of Original Construction (1922): Despite extensive renovations, the property's original construction date of 1922 may present challenges related to older infrastructure or unforeseen maintenance requirements.
Substantial Ongoing Operating Costs: As a luxury oceanfront estate, expect exceptionally high property taxes, insurance premiums (flood, earthquake), and significant maintenance expenses for the pool, spa, landscaping, and high-end systems.
Potential for Public Proximity: While offering a private sanctuary, its location on a highly iconic and likely public-facing beach frontage may lead to less seclusion than properties in more private, gated communities.

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