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$10,300,000
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Property Description
Authentic 1926 Spanish Estate on a rare DOUBLE, corner, lot! This trophy property is a true showstopper and not to be missed! Situated on one of the very best lots North of Montana, over 14,600 square feet, and offering the utmost privacy and a massive backyard with pool. The romance and charm of a bygone era is best enjoyed along with all of today's modern amenities and technology! Hand-hewn hardwood floors, archways, steel windows, venetian plaster and custom tilework all enhance the character and elegance of this unique home. Some of the many upgrades include: Lutron Smart House system, whole-house radiant heated floors, water filtration & softener, soundproofing between rooms, wiring for Cat6, fiber optic, low voltage & coax cable, and an extensive 15 kW photovoltaic system providing solar power for the home, pool and spa. In addition to being cooled by ocean breezes, the home temperatures are also maintained by 4 top-of-the-line Carrier Infinity Heating/Air conditioners with 8 zones! Over 6,300 square feet of living space, the classic floor plan allows generous room sizes and a wonderful indoor/outdoor flow, everything is just where you want it! A welcoming step-down living room with fireplace and high beamed ceilings opens to a covered patio- this inviting lanai is set-up for an outdoor theater with drop-down screen, overhead heaters and surround sound. A huge formal dining room leads to the chef's kitchen featuring dual dishwashers, double ovens, freezer drawers and a large center island. The cheerful breakfast room sits adjacent to a home office space and walk-in pantry-complete with a second freezer! Outside the kitchen is a separate courtyard area shaded by a mature olive tree with a tiled wall fountain facing the kitchen and breakfast room windows. An oversized family room opens to, and enjoys views of, the gorgeous backyard through large statement windows. A guest room and crafts nook round out the main level. Upstairs you will find 4 lovely bedrooms including a sumptuous primary suite with a pretty balcony overlooking the stunning backyard, luxurious bathroom, dual walk-in closets and a nook perfect for your peloton! Also upstairs is a beautiful sunroom which could be a craft room, office, library, yoga studio, etc. The lower level provides an additional family room/home theater, 3000-bottle wine cellar and wet bar. The jaw dropping backyard is surrounded by mature, designer landscaping and has everything you could desire! Ultra-quiet due to being on a corner with a west facing backyard surrounded by mature trees and a ten foot stone wall. A grassy lawn, large pool and spa (with underwater speakers), fantastic BBQ kitchen- complete with TV, fountains, pool bath, outdoor shower and even a Meditation patio! An oversized 3-car garage provides additional storage. Above the garage there is a fully appointed office with treetop views. Offering built-ins, bath and a large balcony overlooking the backyard. This rare property is of the highest caliber and must be seen in person to fully appreciate it!
Full Property Details
Full Property Details for 502 16th St
General
- Sold For: $10,300,000
- Status: Closed
- Type: Single Family
- Source: CLAW
- MLS ID: 23-265815
- Added to Site: 1, 066 day(s) ago
Interior
- Rooms/Areas: Art Studio, Bar, Basement, Breakfast, Breakfast Bar, Dining Room, Entry, Family Room, Jack And Jill, Lanai, Living Room, Master Bedroom, Office, Pantry, Patio Open, Powder, Walk-In Closet, Wine Cellar
- Fireplace: Yes
- Number of Fireplaces: 1
- Furnishings: Unfurnished
- Flooring: Hardwood, Stone Tile, Mixed
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 4
- 3/4 Bathrooms: 1
- Half Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Family Room: 1
- Laundry: Inside, Room, On Upper Level
Additional Information
- Pool: Yes
- Pool Description: Solar Heat, Private
- Spa: Yes
- Spa Description: In-Ground, Solar Heated Spa, Private
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 3
- Garage Description: Garage - 3 Car, Electric Vehicle Charging Station(s), Detached
Location
- Area: Santa Monica
- County: Los Angeles
- Driving Directions: North of Montana Avenue on the SW the corner of 16th Street and Marguertia Avenue.
Heating & Cooling
- Cooling Type: Air Conditioning, Multi/Zone
- Heating Type: Central, Floor, Radiant
Structural Information
- Architectural Style: Spanish
- Structure Type: Single Family Residence
- Common Walls: Detached/No Common Walls
- Stories/Levels: 3
- Square Feet: 6,320
- Sq. Ft. Source: Plans
- Year Built: 1926
- Year Built Source: Assessor
Additional Structures
- Other Structures: None
Lot Features
- Property View: Tree Top
- Lot Size (Acres): 0.3327
- Lot Size: 14602
- Lot Size Source: Plans
- Lot Dimensions: 96 x 150
- Zoning: SMR1*
Financial Considerations
- Price Per Sq. Ft.: $1,629.75
- Assessment Year: 1926
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 4279-027-012
Listed by Compass, Loraine Silver and Compass, Shann Silver
Sold by Compass, Susan Kastner
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Schools
Schools serving 502 16th St
School District:Santa Monica-Malibu Unified School District
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Santa Monica, CA 2400 Montana Avenue, Santa Monica, CA 90403 | PK-5 | 0.6 mi |
Lincoln Middle School, Santa Monica, CA 1501 CA Ave., Santa Monica, CA 90403 | 6-8 | 0.6 mi |
Santa Monica High School 601 Pico Boulevard, Santa Monica, CA 90405 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 502 16th St
Date
Details
Price
Change
Source
6/12/2023
Sold
$10,300,000
—
MLS
5/04/2023
Listed
$10,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
502 16th St, Santa Monica, CA 90402 (MLS# 23-265815) is a Single Family property that was sold at $10,300,000 on June 12, 2023. Want to learn more about 502 16th St? Do you have questions about finding other Single Family real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.

