3 months on rocket

966 Palisades Beach Rd, Santa Monica, CA, 90403

$22,000,000

5 Bedrooms
8 Full Baths
6,647 SqFt
$3,310/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Driveway, Garage
Year Built2015
HeatingCentral
CoolingCentral Air
FireplaceLiving Room, Outside
ViewIsland, Other, Hills, Ocean
MLS #24439665
Lot Size0.13 Acres
StatusActive

About 966 Palisades Beach Rd

Nestled 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 renowned luxury lifestyle brand Molori Design, ownership by Kirk Lazarus and Marc Appleton Architects, 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. From the chevron antique oak floors to the semi-precious stone 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 wooden bar handcrafted with Ebony Macassar; one of the rarest woods in the world, effortlessly extends to a spacious outdoor deck, perfect for entertaining and alfresco dining. The gourmet kitchen, inspired by the world-renowned El Buti restaurant and masterfully designed by acclaimed chef Juan Carlos Ramos, is equipped with top-of-the-line Wolf appliances, while the elegant 25-person dining room features sleek French doors that open to capture the serene coastal breeze. All doors are designed to bring the outside to the inside. Upstairs, discover the opulent primary suite with mesmerizing ocean vistas and a cozy wood-burning fireplace. The lavish, spa-inspired bathroom includes a luxurious claw-foot tub, steam shower, and an oversized walk-in closet. A second suite boasts retractable glass doors that collapse, extending the room to a private outdoor terrace with a jacuzzi. Each guest 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 suite. Experience the quintessential beachfront lifestyle in your resort-like outdoor oasis with an infinity pool, spa, cold plunge, and dedicated lounge area. Outdoor amenities also include a custom stainless steel and stone kitchen by Kalamazoo with seating, a wood-fired custom bbq, refrigerators, an ice machine, dish washer, pizza oven and storage as well as a dining area. No detail has been spared with a state-of-the-art home theater, game room, cutting-edge gym with yoga and pilates equipment, a serene steam room and a massage room that could serve as an optional sixth bedroom. Additional amenities include 24-hour security, complete Control4 home automation, sound-engineered windows and doors, temperature controlled floors, a private garage, and extra guest parking. Your permanent vacation awaits at 966 Palisades Beach Rd. Don't miss the rare opportunity to acquire this ultimate destination retreat along one of the most sought-after shorelines in the world.

Property Details

Property Features

Property Information:

  • Year Built: 2015
  • Stories: 4
  • Living Area: 6,647 SqFt

Listing Office:

  • Office Name: Christie's International Real Estate SoCal
  • Office Phone: (424) 249-7162
  • Listing Agent: Cynthia Ambuehl

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Stone, Wood
  • Interior: Wet Bar, Furnished, Walk-In Pantry
  • Fireplace: Living Room, Outside

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Island, Other, Hills, Ocean

Parking Information:

  • Parking: Door-Multi, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On PCH, East of the California Incline

Price Information

Listing Price Info

Price Summary:

  • List Price: $22,000,000
  • Price Per SqFt: $3,310/SqFt

Tax Information:

  • Annual Amount: $66,165
  • 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

33

# of Sold Homes

39

966 Palisades Beach Rd vs Santa Monica

96 DAYS ON ROCKET

+63 Days

$22,000,000

+$20.1M More

$3,310/SqFt

+$2.2K More

KEY TAKEAWAY

This property is $20.1M more than the Median Sold Price and $2.2K/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: #24439665

Listing Office:

  • Office Name: Christie's International Real Estate SoCal
  • Office Phone: (424) 249-7162
  • Listing Agent: Cynthia Ambuehl

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: 12/21/2024, 11:20:58 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

Mar 25, 2010Home Sold
$3,950,000

Tax History

YEARPROP. TAXASSESSMENT
2021$66,165$5,619,089
2020$65,083$5,561,473
2019$61,206$5,452,426
2018$60,976$5,345,517
2017$60,976$5,240,704

History based on county public records data.

Payment Calculator

$109.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$66K

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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-818766
7
/10
  • Roosevelt Elementary School

  • 801 Montana Ave

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-818767
8
/10
  • Canyon Charter Elementary

  • 421 Entrada Dr

  • 0.98 miles

  • Public Charter Grades KG-5

school-card-donut-818768
9
/10
  • Franklin Elementary School

  • 2400 Montana Ave

  • 1.85 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $104,545. Residents of Santa Monica, CA typically earn between $100k-200k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 966 Palisades Beach Rd

What is the listing price of this property?

The listing price of 966 Palisades Beach Rd property is $22,000,000.

What type of property is this?

The property 966 Palisades Beach Rd is a house located in Santa Monica, California, 90403.

Is this property for sale now?

Active Listing: 966 Palisades Beach Rd 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 $66,165 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 25, 2010 for $3,950,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 966 Palisades Beach Rd has 5 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 966 Palisades Beach Rd is 6,647 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 966 Palisades Beach Rd is 2015.
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Rocket HomesCaliforniaLos Angeles CountySanta Monica90403966 Palisades Beach Rd

This home is located at 966 Palisades Beach Rd in Santa Monica, CA and zip code 90403 in the Wilshire / Montana neighborhood. This 6,647 square foot home, which was built in 2015, sits on a 0.13 acre lot. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $22,000,000.

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. Between October 2024 and November 2024, Santa Monica, CA real estate market has seen decrease in the number of listings by 4.4%. The median list price of listings available in November 2024 was $1,898,147, while the average time on the real estate market was 33 days.

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

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