new - 4 days on rocket

538 Palisades Ave, Santa Monica, CA, 90402

$4,099,000

4 Bedrooms
3 Full Baths
2,245 SqFt
$1,826/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Concrete, Door-Multi, Garage, Gated
Attached GarageYes
Year Built1920
HeatingCentral
CoolingNone
FireplaceLiving Room
ViewTrees/Woods
MLS #24462135
Lot Size0.15 Acres
StatusActive

About 538 Palisades Ave

This is what you've been waiting for! Welcome to 538 Palisades Avea timeless Craftsman-style home cherished by the same family for over 50 years. Nestled in Santa Monica's coveted North of Montana neighborhood, directly across from Goose Egg Park, this 3-bedroom, 2-bathroom main residence epitomizes the unbeatable mantra: location, location, location. Just moments from pristine beaches, Palisades Park, and the vibrant shops and restaurants along Montana Avenue, this home offers effortless access to the best of Santa Monica. In addition to the main residence, a charming 528-square-foot guest house with 1 bedroom and 1 bathroom sits above an oversized garage with private alley accessideal for guests, multigenerational families, or use as a home office, gym, playroom, and more. There is also an option to convert the entire garage/guest house into a 1,056-square-foot ADU. The main house includes carport parking along with the oversized 2-car garage. Craftsman design details include a welcoming front porch, a sunroom, a central fireplace, and abundant natural light throughout. A spacious kitchen, an elegant primary suite, and a dining room that opens to a large porch overlooking the expansive backyard with mature landscaping make this home ideal for indoor/outdoor gatherings. Families will also appreciate access to the highly regarded Roosevelt Elementary School, making this property an ideal choice for those seeking charm, convenience, and an unparalleled location in one of Santa Monica's most desirable areas. This rare opportunity won't last long and offers endless potential. Come take a look before it's too late!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1920
  • Stories: 0
  • Living Area: 2,245 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 437-7500
  • Listing Agent: Raymond A. Lyon

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Vented Exhaust Fan
  • Flooring Type: Wood
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Trees/Woods

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Carport, Concrete, Door-Multi, Garage, Gated

Virtual/3D Tour

  • Virtual Tour: 538 Palisades Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

Other

Directions Information:

  • Directions: Use Waze (North of Montana Ave)

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,099,000
  • Price Per SqFt: $1,826/SqFt

Tax Information:

  • Annual Amount: $2,377
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Monica, CA.

Med. Sold Price

$1.8M

Med. Price/SqFt

$1,106

Avg. Days On Market

41

# of Sold Homes

62

538 Palisades Ave vs Santa Monica

4 DAYS ON ROCKET

-37 Days

$4,099,000

+$2.2M More

$1,826/SqFt

+$720 More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price and $720/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: #24462135

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 437-7500
  • Listing Agent: Raymond A. Lyon

IDX 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: 11/17/2024, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,377$180,378
2020$2,333$178,530
2019$2,133$175,030
2018$2,123$171,599
2017$2,123$168,235

History based on county public records data.

Payment Calculator

$20.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.3K

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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.

Nearby Schools

school-card-donut-347177
7
/10
  • Roosevelt Elementary School

  • 801 Montana Ave

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-347178
8
/10
  • Canyon Charter Elementary

  • 421 Entrada Dr

  • 0.62 miles

  • Public Charter Grades KG-5

school-card-donut-347179
9
/10
  • Franklin Elementary School

  • 2400 Montana Ave

  • 1.37 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $115,625. Most Santa Monica, CA residents have annual incomes between $100k-200k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 538 Palisades Ave

What is the listing price of this property?

The listing price of 538 Palisades Ave property is $4,099,000.

What type of property is this?

The property 538 Palisades Ave is a house located in Santa Monica, California, 90402.

Is this property for sale now?

Active Listing: 538 Palisades Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,377 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 538 Palisades Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 538 Palisades Ave is 2,245 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 538 Palisades Ave is 1920.
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Rocket HomesCaliforniaLos Angeles CountySanta Monica90402538 Palisades Ave

This home is located at 538 Palisades Ave in Santa Monica, CA and zip code 90402 in the North of Montana neighborhood. This 2,245 square foot home, which was built in 1920, sits on a 0.15 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $4,099,000.

In October 2024, from all listings sold in Santa Monica, CA there were more than 22 sold above asking price, over 33 sold below and more than 7 were sold right at the asked price. The number of listings in Santa Monica, CA increased by 14% between September 2024 and October 2024. In October 2024 median list price was $1,840,000 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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