
Santa Monica, California 90403
Analysis of 938 - 940 Palisades Beach Road, Santa Monica, California 90403 is currently available with a list price of $33,000,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Brand new 2025 construction featuring ultra-modern chef's kitchens, state-of-the-art smart home automation, solar panels, and premium finishes throughout in mint condition.
This unique offering features two brand-new, side-by-side residences on two legal lots, providing an unprecedented 60 feet of prime oceanfront frontage on Santa Monica's exclusive Gold Coast.
Completed in 2025, these modern masterpieces include ultra-luxury amenities such as mechanical car turntables, private elevators, solar power, and a unique primary suite balcony pool.
The property offers sweeping, unobstructed panoramic views of the Pacific Ocean, Catalina Island, and the Santa Monica Pier through dramatic floor-to-ceiling glass walls.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11045, other record lot size in square feet = 5519. Living area discrepancy between mls listing and other public or private record. mls listing living area = 9899, other record living area = 1416. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 11, other record bedroom count = 3.
Managing two separate luxury structures with dual mechanical systems, multiple pools, and elevators entails significant ongoing maintenance and high carrying costs.
Despite the private gated access, the location on a highly popular public beach stretch may impact the sense of total seclusion for the outdoor resort areas.
Rare oceanfront compound opportunity on Santa Monica's legendary Gold Coast: two brand-new, side-by-side modern beachfront masterpieces on two legal lots totaling 60 feet of prime oceanfront frontage, positioned directly on the sand of this prestigious shoreline, offered together for the ultimate multigenerational living, private family retreat, or sophisticated coastal investment. Each residence stands as a bold architectural statement with clean modern lines, effortless indoor-outdoor flow, and sweeping, unobstructed Pacific views through dramatic floor-to-ceiling glass. The first spans three levels with four en-suite bedrooms, including a spectacular primary suite featuring its own private balcony pool overlooking the ocean, a show-stopping chef's kitchen with sculptural island, generous living and dining areas, a temperature-controlled wine cellar, and a state-of-the-art home theater below, all connected by a private elevator. The second unfolds across three levels with seven bedrooms total including two luxurious primary suites and five en-suite bedrooms for exceptional flexibility and privacy, highlighted by an expansive main-level kitchen with massive island and banquet seating flowing into open living and dining areas warmed by a striking fireplace, all opening to oceanfront decks. Outdoors, both properties deliver private resort-style sanctuaries with sparkling pools, spas, cascading waterfalls, fire pits, and multiple lounging areas, just steps from a private gate to the beach. Finished to the highest standard with premium materials, smart-home automation, solar panels, dedicated elevators, showcase wine storage, and two separate two-car garages with mechanical turntables, these homes represent a singular and virtually impossible-to-replicate opportunity to secure one of California's most coveted coastal enclaves.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 11.0 | 3.5 |
| Baths | 15.0 | 3.5 |
| Square foot | 9,899 | 2,285.5 |
| Lot Size | 11,045 | 7,496 |
| Price | $33.00M | $3.70M |
| Price per sq ft | $3.3K | $1.7K |
| Built year | 2025 | 1936 |
| HOA | $0 | $0 |
| Days on market | 40 | 51 |
Jun 12, 2026
$33,000,000
Initial Listing
Jul 20, 2012
$3,720,037
Public Record