966 Palisades Beach Road, Santa Monica, California 90403, Santa Monica, 90403 - 5 bed, 8 bath

966 Palisades Beach Road, Santa Monica, California 90403 home-pic-0
ACTIVE$19,995,000
966 Palisades Beach Road, Santa Monica, California 90403
5Beds
8Baths
6,647Sqft
5,470Lot
Year Built
2015
Close
-
List price
$20M
Original List price
$20M
Price/Sqft
$3,008
HOA
-
Days on market
-
Sold On
-
MLS number
25480345
Home ConditionExcellent
Features
Excellent View: Catalina, Coastline, Hills, Ocean
Deck
Pool
Spa
Patio
ViewCatalina, Coastline, Hills, Ocean

About this home

We found 3 Cons,5 Pros. Rank: price - $20.00M(93th), sqft - 6647(93th), beds - 5(67th), baths - 8(93th).

CEO of Molori design famous for Aman and Four Seasons amongst other designs. His personal home is turn-key, move-in ready IMMEDIATELY! Unparalleled peace of mind with 24-hour police security and a fully staffed 24-hour fire station within a few hundred yards. Multiple access points, the home was not evacuated during these fires. Set on the exclusive Palisades Beach Road, known as the original "Billionaire's Beach," the pedigree of this fully turnkey, oceanfront private retreat is second to none. Artfully crafted by the luxury lifestyle brand Molori Design, this iconic beachfront, resort-style estate offers unobstructed ocean views and direct access to the pristine Pacific coastline, all while being moments from world-class dining, shopping, and entertainment. With multiple access exit points, close location to LAX, Beverly Hills, and Malibu, this home, and all of the homes in this stretch were not affected by the fire. The original movie Beach where everyone stayed from Charlie Chapman to the Beatles known as the Gold Coast. Kirk has multiple residences on the street as well as George Rosenthal, the owner of the Rally Studios at Sunset Marquee, and the CEO and founder of TPG David Bonderman. Homes in this location have been well established for decades and occupied for many years. Completely remodeled and updated with new furniture. Former residents of this area include Elon, RDJ, CFO of Facebook and several other high-profile people here as this is the real Billionaire's Beach. High ceilings, chevron oak floors to the semi-precious stone Slabs accents, this custom coastal estate boasts meticulous attention to detail and luxurious European finishes in every corner. Step into the grand foyer and enter an expansive formal living room with panoramic ocean views. An exquisite Ebony Macasar and WHITE Thasos Stone extends to a spacious outdoor deck, perfect for entertaining and alfresco dining. The gourmet kitchen, inspired by the world-renowned El Buti restaurant, masterfully designed by acclaimed chef Juan Carlos Ramos, features top-of-the-line Wolf appliances, while the elegant 25-person dining room features sleek French doors that capture the serene coastal breeze. All doors designed to bring the outside in. Upstairs, discover the opulent primary suite with mesmerizing ocean vistas and a cozy wood-burning fireplace. The lavish, spa-inspired bath includes a luxurious claw-foot tub, steam shower, and an oversized walk-in closet. A second primary suite boasts retractable glass doors that collapse, extending the room to a private outdoor terrace with a jacuzzi. Each bedroom inspired by the Presidential suite, features a built-in coffee and tea station, along with a state-of-the-art bar refrigeration system, offering the luxury and convenience of a five-star hotel. Experience the quintessential beachfront lifestyle in your own resort outdoor oasis with lush tropical gardens with banana trees and other fruit trees, infinity pool, spa, cold plunge, and two outdoor lounge areas with unobstructed beach views. Built for entertaining, the home includes a custom stainless steel and stone kitchen by Kalamazoo with seating, a wood-fired custom bbq, refrigerators, an ice machine, dish washer, commercial pizza oven and storage and a dining area. No detail nor expense has been spared with a state-of-the-art home theater, gym with yoga and pilates studio, a steam and massage room that could serve as an optional sixth bedroom with the en suite bathroom. Additional amenities include, complete Control4 home automation, sound-engineered windows and doors, Geo Thermal temperature-controlled floors, private garage, and extra guest parking. Your permanent vacation awaits. Don't miss the rare opportunity to acquire this ultimate destination retreat along one of the most sought-after shorelines in the world. Untouched by the fire without any evacuation. Walking distance to the shops, local schools in multiple areas.

Condition Rating
Excellent

This property, built in 2015 and recently 'completely remodeled and updated with new furniture,' perfectly aligns with the 'excellent' criteria. It features luxurious European finishes, chevron oak floors, semi-precious stone slabs, and state-of-the-art systems like Geo Thermal temperature-controlled floors and Control4 home automation. The gourmet kitchen boasts top-of-the-line Wolf appliances, and the spa-inspired bathrooms include high-end fixtures such as a claw-foot tub and steam shower. The overall condition, style, and features are virtually new and meet the highest quality standards, requiring no deferred maintenance.
Pros & Cons

Pros

Unrivaled Oceanfront Location & Views: Situated on the exclusive 'Billionaire's Beach' (Palisades Beach Road), the property offers unobstructed panoramic ocean views (Catalina, Coastline) and direct access to the pristine Pacific coastline, representing a prime and highly sought-after position.
Exquisite Design & Luxury Finishes: Artfully crafted by Molori Design, the home boasts high ceilings, chevron oak floors, semi-precious stone slab accents, and luxurious European finishes throughout, including a gourmet kitchen with top-of-the-line Wolf appliances and spa-inspired primary baths.
Resort-Style Amenities & Entertainment: The property features an extensive outdoor oasis with an infinity pool, spa, cold plunge, tropical gardens, and a custom outdoor kitchen (Kalamazoo, commercial pizza oven). Indoors, it includes a state-of-the-art home theater, gym with yoga/pilates studio, and a steam/massage room, catering to ultimate luxury living and entertaining.
Turnkey & Advanced Technology: Offered as turn-key and move-in ready with new furniture, the home is equipped with modern conveniences such as Control4 home automation, sound-engineered windows and doors, and Geo Thermal temperature-controlled floors, ensuring comfort and efficiency.
Exceptional Security & Prestige: The location benefits from 24-hour police security and a nearby fire station, providing unparalleled peace of mind. Its historical significance as the 'Gold Coast' and association with high-profile residents further enhances its prestige and desirability.

Cons

High Ongoing Maintenance Costs: The extensive array of luxury features, smart home systems, and resort-style amenities (infinity pool, spa, elaborate outdoor kitchen, geothermal floors) will inevitably lead to exceptionally high ongoing maintenance, utility, and insurance expenses.
Public Beach Proximity Trade-offs: While direct beach access is a significant strength, the property's immediate adjacency to a public beach may introduce potential challenges regarding privacy and noise from beachgoers, despite the presence of sound-engineered windows and doors.
Modest Lot Size for Price Point: For a property marketed as an 'iconic beachfront, resort-style estate' on 'Billionaire's Beach' with a nearly $20M price tag, the 5,470 sqft lot size might be considered modest by some ultra-luxury buyers seeking a more expansive and private land footprint.

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