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$40,000

  • Sold
  • Closed
  • Single Family
  • 8 Beds
  • 8 Full Baths
  • 1 Partial Bath
  • 7,354 Sq. Ft.
  • 2 Parking Spaces
  • 2 Car Garage
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Welcome to 506 Palisades Ave, an elegant Tuscan retreat ideally situated a short stroll to Montana Ave's shops & dining and world class beaches. Beyond privacy hedges and lush grounds, enter the home and appreciate old-world craftsmanship & materials such as custom stone & wood work, beamed ceilings, arched doorways, and detailed built-ins, molding and trim. A double-height foyer connects to grand living spaces including a spacious living room with vaulted ceiling, formal dining room, stately home office, and comfortable family room. The chef's kitchen with island and breakfast room walk out to a peaceful garden, dining terrace with built-in BBQ, and saltwater pool & spa with waterfall. Upstairs a luxe primary suite boasts two walk-in closets, fireplace, and a spa-like bathroom. The basement level exudes sophistication and style, featuring an entertaining lounge with wet bar accentuated by wine racks, fireplace, and ceilings adorned in brick. Enjoy your favorite film in the plush theatre with recliner seating for eight. With seven bedrooms in the main residence plus a charming detached guest house, your family and visitors are afforded complete comfort and privacy. The finest lease offering available in Santa Monica.

Full Property Details for 506 Palisades Ave

General

  • Rent: $40,000
  • Status: Closed
  • Type: Single Family
  • Source: CLAW
  • MLS ID: 23-257063
  • Added to Site: 1, 146 day(s) ago

Rental Information

  • Lease/Rent Term: 1+Year

Interior

  • Rooms/Areas: Breakfast, Guest House, Entry, Family Room, Living Room, Master Bedroom, Office, Library, Powder, Walk-In Closet, Gym, Dining Room, Home Theater, Other
  • Furnishings: Furnished Or Unfurnished
  • Flooring: Mixed

Rooms

Bathrooms

  • Total Bathrooms: 9
  • Full Bathrooms: 8
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Family Room: 1
  • Laundry: Inside

Additional Information

  • Shared Amenities: None
  • Pool: Yes
  • Pool Description: In-Ground, Private
  • Spa: Yes
  • Spa Description: Private, In-Ground

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Garage Description: Garage - 2 Car, Garage Is Detached

Location

  • Area: Santa Monica
  • County: Los Angeles
  • Driving Directions: Palisades Ave between 4th St and 7th St

Community

  • Pet Restrictions: Call For Rules

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central

Structural Information

  • Architectural Style: Tuscan
  • Common Walls: Detached/No Common Walls
  • Stories/Levels: 3
  • Square Feet: 7,354
  • Sq. Ft. Source: Plans
  • Year Built: 2005
  • Year Built Source: Vendor Enhanced

Lot Features

  • Lot Size (Acres): 0.1968
  • Lot Size: 8572
  • Lot Size Source: Vendor Enhanced
  • Lot Dimensions: 49 x 175
  • Zoning: SMR1*

Financial Considerations

  • Price Per Sq. Ft.: $3.94
  • Security Deposit: $85,000
  • Assessment Year: 2005
  • Tenant Pays: Electricity, Gas, Cable TV, Insurance, Trash Collection, Water, Other

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 4293-013-005

Listed and Sold by Hilton & Hyland, David Kramer and Hilton & Hyland, Andrew Buss

Listing agents

— 506 Palisades Ave —

  • David Kramer

    Hilton & Hyland

  • Andrew Buss

    Hilton & Hyland

Schools serving 506 Palisades Ave

School District:Santa Monica-Malibu Unified School District
NameGradesDistance
Roosevelt Elementary School, Santa Monica, CA
801 Montana Ave., Santa Monica, CA 90403
K-50.3 mi
Lincoln Middle School, Santa Monica, CA
1501 CA Ave., Santa Monica, CA 90403
6-80.8 mi
Santa Monica High School
601 Pico Boulevard, Santa Monica, CA 90405
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price History for 506 Palisades Ave

Date
Details
Price
Change
Source
11/10/2023
Sold
$40,000
37.93%
MLS
10/24/2023
Price Reduced
$29,000
-9.38%
MLS
9/16/2023
Price Reduced
$32,000
-16.88%
MLS
6/05/2023
Price Reduced
$38,500
-9.41%
MLS
4/05/2023
Listed
$42,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Hilton & Hyland, David Kramer and Hilton & Hyland, Andrew Buss

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Recent Sales near 506 Palisades Ave

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506 Palisades Ave, Santa Monica, CA 90402 (MLS# 23-257063) is a Single Family property that was sold at $40,000 on November 10, 2023. Want to learn more about 506 Palisades Ave? Do you have questions about finding other real estate for sale or rent in Santa Monica? You can browse all Santa Monica rentals or contact a Coldwell Banker agent to request more information.