1550 Michael Ln, Pacific Palisades, CA 90272
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1550 Michael Ln Pacific Palisades, CA 90272

$1,775,000
  • 3 Beds
  • 3 Baths
  • 2,467 Sq.Ft.
Coming Soon
$1,775,000 Get Pre-Qualified

Map preview of 1550 Michael Ln, Pacific Palisades, CA 90272

Property Overview: 1550 Michael Ln Pacific Palisades, CA has 3 bedrooms, 3 bathrooms, 2,467 living square feet and 400,291 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This is the Palisades opportunity you've been waiting for! With nearly 2,500 square feet of living space spread across three levels, this highly desirable corner-unit floorplan is the largest in the community and has unique custom upgrades you won't find in other units. Be greeted by the private entrance to find a foyer that takes you to a custom-designed wet bar, sitting room, office, and bedroom with an ensuite bathroom. You may next travel to the mid-level, where a fully renovated kitchen meets you, featuring a double oven gas range, quartz countertops, and a newly built walk-in pantry. Also, on this mid-level, you have the attached two-car garage, which takes you directly into the kitchen, formal dining space, and living room, all this set amongst an open plan, high ceilings, a re-designed fireplace, and views of the gorgeous Santa Monica Mountains. On the 3rd floor, you'll find the primary suite and 3rd bedroom, which both feature their own ensuite baths. The oversized primary bedroom serves as your personal retreat with its private balconies, a serene view of the emerald green hillside, soaring high ceilings, modern fireplace, giant walk-in closet, a unique second closet, and a luxurious spa bathroom. This highly sought-after community offers a range of amenities, including a fully renovated pool, sauna, fitness room (renovations almost complete!), tons of guest parking, and access to the community dog park. To top it all off, this home offers you entry to popular public schools and easy access to the area's pristine beaches and glorious canyon trails. Come see this beauty while it lasts!

Listed by Christine Regan | BRE #02079130 | Equity Union
Co-listed by Meghan Nyback | BRE #01908533 | Equity Union
Last checked: 3 minutes ago | Last updated: April 27th, 2024 | Source CRMLS | DOM: 0
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Home details

Lot Sq. Ft
400,291
HOA Dues
$677/mo
Year built
1979
Garage
2 Car
Property Type:
Townhouse
Status
Coming Soon
MLS#
SR24082669
City
Pacific Palisades
County
Los Angeles
Time on Site
11 days

Open Houses for 1550 Michael Ln

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Property Details for 1550 Michael Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Inside, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room, Primary Bedroom
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Bonus Room, Den, Dressing Area, Entry, Family Room, Foyer, Living Room, Main Floor Bedroom, Primary Bedroom, Primary Suite, Media Room, Office, Separate Family Room, Two Primaries, Walk-In Closet, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (3/4): 1
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Association, Community, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Has View
  • View: Canyon, Mountain(s)
  • Common Walls: 1 Common Wall
  • Total # of Units: 110
  • Parcel Number: 4431015104
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
  • Offered With Property: fridges, stove, dishwasher, washer/dryer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Michael Lane Villas HOA
  • Association Fee: $654 (Monthly)
  • Second Association Fee: $90 (Quarterly)
  • Association Amenities: Pool, Spa/Hot Tub, Playground, Dog Park, Gym/Ex Room, Earthquake Insurance
  • Total Average Monthly Fee: $677
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Sunset Boulevard to Palisades Drive, Left Vereda de la Montura, Right on Michael Lane, Enter 2nd driveway on right, park in guest spots
Neighborhood Information
  • Community Features: Biking, Dog Park, Foothills, Hiking, Sidewalks, Street Lights, Suburban
View more facts & features

Local Pacific Palisades Agent

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Sale History for 1550 Michael Ln

Last sold for $1,125,000 on February 28th, 2020
  • March, 2020

  • Mar 2, 2020

    Date

    Sold

    CRMLS: 19511990

    $1,125,000

    Price

  • Feb 10, 2020

    Date

    Pending

    CRMLS: 19511990

    $1,275,000

    Price

  • Jan 17, 2020

    Date

    Active Under Contract

    CRMLS: 19511990

    $1,275,000

    Price

  • Oct 16, 2019

    Date

    Price Change

    CRMLS: 19511990

    $1,275,000

    Price

  • Sep 19, 2019

    Date

    Active

    CRMLS: 19511990

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Coveted spacious 500 series end unit in the sought after Michael Lane Villas. This beautiful townhome is expansive and airy with privacy and sunset mountain views from the master balcony. The lower level boasts a large family room, bedroom, bathroom, office space, and wrap-around patio. On the main level enjoy a spacious light and bright living room with high ceilings, balcony perfect for BBQs, fireplace, and formal dining room. The large kitchen offers direct access to your two-car garage complete with private laundry. Upstairs features an oversized master suite with fireplace, sitting area, and en-suite bath. A generously sized second bedroom with private bath completes the upstairs. Amenities include gorgeous grounds and landscaping, a lovely pool, spa, well-equipped gym, family playground, and dog park.

  • February, 2020

  • Feb 28, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,125,000

    Price

  • February, 2004

  • Feb 20, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1550 Michael Ln

Assessed Value (2020): $904,601
Year Land Value Improved Value Assessed Value
2020 $574,666 $329,935 $904,601

Home Value Compared to the Market

This property vs the competition

1550 Michael Ln is listed 53.88% lower than the median list price for the city of Pacific Palisades which has a median list price of $3,849,000. The median price per/sqft for Pacific Palisades is $1,340 and this home is listed at $719.5 per/sqft which puts the price per square foot 46.31% lower than the median price per square foot for the city of Pacific Palisades.

About 1550 Michael Ln

Detailed summary of property

1550 Michael Ln is a townhouse located in Pacific Palisades, CA 90272 and is currently for sale. This townhouse offers 3 bedrooms, 3 bathrooms, roughly 2,467 living square feet, and sits on an approximately 400,291 square foot lot. 1550 Michael Ln was first listed on ArdentRealEstateGroup.com on April 27, 2024. The homeowner is currently asking $1,775,000. The median priced home in Pacific Palisades is $3,849,000 with a median price per square foot of $1,340. Based on Ardent Real Estate Group's Pacific Palisades Market Data, this home is listed 53.88% lower than the median priced home. Local competing homes currently for sale include 11628 Chenault St #105, 11863 Darlington Ave #Penthouse 404 and 12000 Goshen Ave #106. This home does have a Homeowners Association and the monthly fee is $677 per month. There are currently 146 homes for sale in the Pacific Palisades real estate market and 114 of them are single family homes while 20 of them are condos and 12 are townhomes. For more information on this home for sale at 1550 Michael Ln Pacific Palisades, CA 90272 contact Ardent Real Estate Group and we will put you in touch with one of our Pacific Palisades agents.

Public Facts for 1550 Michael Ln

Public county record property details
Beds
3
Baths
4
Year built
1979
Sq. Ft.
2,467
Lot Size
400,185
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
4431-015-104

The source for these homes facts are from public records.

90272 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,849,000
Median List Price/Sq.Ft.
$1,348
Median Sold Price
$3,300,000
Median Sold Price/Sq.Ft.
$1,032
Total Inventory
146
Median Sale to List Price %
97.2%
Avg Days on Market
26
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (8.33%), Other (0%)

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Related Resources to 1550 Michael Ln

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.