StatusAccepting Backup Offers (Active Under Contract)
About 312 E Rustic Rd
From the ground up new constructions. Built by Fountainhead Homes with modern canyon buyers in mind, this house is a winner. When entering the house, one is immediately drawn into the open loft-like space with the stunning kitchen as the focal point. The indoor space merges into the expansive grassy yard and trellised patio with fireplace and outdoor kitchen. To the right of the front door is a cozy library/office space, a place to contemplate. The upper level includes the luxurious primary suite and large balcony, built-ins, and a vaulted wooden paneled ceiling. The main bedroom also includes a large walk-in-closet with island, as well as a romantic bathroom including a freestanding tub and steam shower. There are three additional secondary bedrooms with perfectly placed windows capturing the canyon vistas and California natural light. A fifth bedroom suite is on the ground floor. This house offers all of the elements one would expect but isn't always accustomed to being available in a "Canyon House" under $7 million. Some of these include but are not limited to: new construction, a large flat back yard with plenty of room for a pool, four individually zoned air conditioning units, a two car garage attached to the house, a full security system, a straight forward intuitive floor plan with attention to light and views plus an oversized laundry room with a skylight. Hurry, there is only one of these!
Property Details
Property Features
Property Information:
Architectural Style: See Remarks
Year Built: 2024
Stories: 2
Living Area: 3,400 SqFt
Listing Office:
Office Name: Compass
Office Phone: (310) 230-0195
Listing Agent: Frank Langen
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Refrigerator
Flooring Type: Wood
Interior: Dressing Area, Jack and Jill Bath
Fireplace: Living Room
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 4
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Parking: Door-Multi, Garage
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: West Channel to E. Rustic Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $6,700,000
Price Per SqFt: $1,971/SqFt
Tax Information:
Annual Amount: $31,651
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Santa Monica, CA.
This property is $4.8M more than the Median Sold Price and $865/SqFt more than other homes in Santa Monica, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24436911
Listing Office:
Office Name: Compass
Office Phone: (310) 230-0195
Listing Agent: Frank Langen
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 11:55:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 06, 2020
Oct 06, 2020Home Sold
$2,675,000
Aug 09, 2018
Aug 09, 2018Home Sold
$2,500,000
Dec 03, 1992
Dec 03, 1992Home Sold
$690,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$31,651
$2,675,000
2020
$29,804
$2,570,400
2019
$12,658
$2,520,000
2018
$12,381
$1,051,331
2017
$12,381
$1,030,718
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$33.5K
Per Month
Principal & Interest
$33.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$20.1K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Canyon Charter Elementary
421 Entrada Dr
Distance between this listing and this school0.23 miles
Public Charter Grades KG-5
7
/10
Roosevelt Elementary School
801 Montana Ave
Distance between this listing and this school0.87 miles
Public District Grades KG-5
8
/10
Palisades Charter Elementary
800 Via De La Paz
Distance between this listing and this school1.21 miles
Public Charter Grades KG-5
Nearby Schools
8
/10
Lincoln Middle School
1501 CA Ave
Distance between this listing and this school1.51 miles
Public District Grades 6-8
7
/10
Paul Revere Charter School
1450 Allenford Ave
Distance between this listing and this school2.13 miles
Public Charter Grades 6-8
9
/10
Santa Monica Alternative (K-8)
2525 5th St
Distance between this listing and this school2.66 miles
Public District Grades KG-8
Nearby Schools
8
/10
Palisades Charter High School
15777 Bowdoin St
Distance between this listing and this school1.47 miles
Public Charter Grades 9-12
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school2.19 miles
Public District Grades 9-12
2
/10
Olympic High (Continuation)
721 Ocean Park Blvd
Distance between this listing and this school2.76 miles
The neighbors living near this home have an average income of $146,154. The most common annual income of people living in Santa Monica, CA is $200k+. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 312 E Rustic Rd
What is the listing price of this property?
The listing price of 312 E Rustic Rd property is $6,700,000.
What type of property is this?
The property 312 E Rustic Rd is a house located in Santa Monica, California, 90402.
Is this property for sale now?
Accepting Backup Offers: 312 E Rustic Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $31,651 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 6, 2020 for $2,675,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 312 E Rustic Rd has 5 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 312 E Rustic Rd is 3,400 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 312 E Rustic Rd is 2024.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 312 E Rustic Rd in Santa Monica, CA and zip code 90402 in the Pacific Palisades neighborhood. This 3,400 square foot home, which was built in 2024, sits on a 0.16 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $6,700,000.
Over 12 listings were sold over their listed price in November 2024 in Santa Monica, CA. In the same period over 24 listings were sold below the listed price and 3 listings were sold for the listed price. In November 2024 in Santa Monica, CA there were 4.4% less homes for sale than in October 2024. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $1,898,147.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Men's Tennis
Men's Tennis
Skiing/snowboarding
Bloomingdales
Nordstrom
Brooks Brothers
Bonefish Grill
California Pizza Kitchen
Qdoba
Lexus
BMW
Acura
News
Talk/Personality
Sports