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331 Palisades Ave, Santa Monica, CA 90402
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331 Palisades Ave Santa Monica, CA 90402

$7,899,999 Sold Price as of 02/17/2023
  • 9 Beds
  • 8 Baths
  • 6,300 Sq.Ft.
Sold
$7,899,999 Sold Price as of 02/17/2023 Refinance Your Mortgage
Map preview of 331 Palisades Ave, Santa Monica, CA 90402

Property Overview: 331 Palisades Ave Santa Monica, CA has 9 bedrooms, 8 bathrooms, 6,300 living square feet and 17,498 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located West of 7th and North of Montana on one of the most highly desirable streets sits this one-of-a-kind historical home. Built in 1913, this Italian estate is registered under the Mills Act and shows true pride of ownership throughout. Situated on a ~17,500 SQFT corner lot, the entire property fenced in and is surrounded by lush greenery creating ultimate privacy. As you enter through the gate, you are welcomed by the well-manicured landscape that directs you up towards the pillared front porch and door. Upon entering the home, you are greeted into a light filled sunroom that flows into the living room. The living room features hardwood flooring throughout, a wood burning Batchelder fireplace, Artisan inspired crown moldings which seamlessly flows either into the large game room or into the dining room. The large dining room looks out onto the greenery and features built-in storage for your finest glass and dishware. The expansive light & bright updated chef's kitchen features stainless steel wolf stove & oven, farmhouse style sink, and a large center island with seating. Right next to the kitchen you will find a bonus seating area with built-in storage. Upstairs you will find 5 bedrooms including the incredibly charming primary bedroom lined with windows that pour in tons of natural light. The primary features a private balcony, updated master bathroom with dual vanities, and walk-in closet. The large basement features 2 more bed and baths and a living area with a kitchenette. The massive backyard has everything you need to truly enjoy all the best Santa Monica has to offer, including a resurfaced swimmers pool with jacuzzi, outdoor sauna, outdoor shower, multiple sitting and dining areas, and an outdoor fireplace. The detached 2 car garage also contains an updated 2 bed + 1 bath guest house. Six outdoor parking spots with no covered car park. Do not miss out on this truly rare opportunity to own a piece of Santa Monica history!

Listed by Bjorn Farrugia | BRE #01864250 | Carolwood Estates
Last checked: 38 seconds ago | Last updated: February 17th, 2023 | Source CRMLS | DOM: 53

Home details

Lot Sq. Ft
17,498
HOA Dues
$0/mo
Year built
1913
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
22220433
City
Santa Monica
County
Los Angeles
Time on Site
496 days

Property Details for 331 Palisades Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood
  • Living Room, Sauna
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Bathroom Information
  • # of Baths (Full): 8
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Information
  • Other Structures: Guest House
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Pool
  • Pool Features: Heated, Private
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage - Two Door
  • No Attached Garage
Property Information
  • Has View
  • Common Walls: No Common Walls
  • Parcel Number: 4293015014
  • Architectural Style: Colonial
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: West of 7th.
View more facts & features

Local Santa Monica Agent

Sale History for 331 Palisades Ave

Last sold for $7,899,999 on February 17th, 2023

  • February, 2023

  • Feb 17, 2023

    Date

    Sold

    CRMLS: 22220433

    $7,899,999

    Price

  • Dec 15, 2022

    Date

    Active

    CRMLS: 22220433

    $9,599,000

    Price

  • February, 2023

  • Feb 7, 2023

    Date

    Canceled

    CRMLS: 22220435

    $18,995

    Price

  • Dec 15, 2022

    Date

    Active

    CRMLS: 22220435

    $18,995

    Price

  • Listing provided courtesy of CRMLS

    Rental located West of 7th and North of Montana on one of the most highly desirable streets sits this one-of-a-kind historical home. Built in 1913, this Italian estate is registered under the Mills Act and shows true pride of ownership throughout. Situated on a ~17,500 SQFT corner lot, the entire property fenced in and is surrounded by lush greenery creating ultimate privacy. As you enter through the gate, you are welcomed by the well-manicured landscape that directs you up towards the pillared front porch and door. Upon entering the home, you are greeted into a light filled sunroom that flows into the living room. The living room features hardwood flooring throughout, a wood burning Batchelder fireplace, Artisan inspired crown moldings which seamlessly flows either into the large game room or into the dining room. The large dining room looks out onto the greenery and features built-in storage for your finest glass and dishware. The expansive light & bright updated chef's kitchen features stainless steel wolf stove & oven, farmhouse style sink, and a large center island with seating. Right next to the kitchen you will find a bonus seating area with built-in storage. Upstairs you will find 5 bedrooms including the incredibly charming primary bedroom lined with windows that pour in tons of natural light. The primary features a private balcony, updated master bathroom with dual vanities, and walk-in closet. The large basement features 2 more bed and baths and a living area with a kitchenette. The massive backyard has everything you need to truly enjoy all the best Santa Monica has to offer, including a resurfaced swimmers pool with jacuzzi, outdoor sauna, outdoor shower, multiple sitting and dining areas, and an outdoor fireplace. The detached 2 car garage also contains an updated 2 bed + 1 bath guest house. Six outdoor parking spots with no covered car park. Do not miss out on this truly rare opportunity to own a piece of Santa Monica history!

  • October, 2022

  • Oct 5, 2022

    Date

    Expired

    CRMLS: 22143367

    $9,998,000

    Price

  • Apr 4, 2022

    Date

    Active

    CRMLS: 22143367

    $11,995,000

    Price

  • Listing provided courtesy of CRMLS

    Please do not contact Seller. Property still listed with Compass. Contact Solo Scott at solo.scott@compass with inquiries.

  • December, 2019

  • Dec 4, 2019

    Date

    Sold (Public Records)

    Public Records

    $4,000,000

    Price

  • August, 2018

  • Aug 31, 2018

    Date

    Sold (Public Records)

    Public Records

    $3,375,000

    Price

Show More

Tax History for 331 Palisades Ave

Assessed Value (2020): $1,638,000
Year Land Value Improved Value Assessed Value
2020 $1,188,000 $450,000 $1,638,000

Home Value Compared to the Market

This property vs the competition

331 Palisades Ave sold on February 17, 2023 for 481.76% higher than the current median sold price for the city of Santa Monica which is $1,650,000. The median sold price per/sqft for Santa Monica is $1,147 and this home is sold at $1523.65 per/sqft which puts the price per square foot 32.84% higher than the current median sale per square foot for the city of Santa Monica.

About 331 Palisades Ave

Detailed summary of property

331 Palisades Ave is a single family home that recently sold in Santa Monica, CA 90402. This house offered 9 bedrooms, 8 bathrooms, roughly 6,300 living square feet, and sits on an approximately 17,498 square foot lot. 331 Palisades Ave was first listed on ArdentRealEstateGroup.com on December 16, 2022. The homeowner sold the property for $7,899,999. Home in Santa Monica are selling for a median price of $1,650,000 and a median price per square foot of $1,147. Based on Ardent Real Estate Group's Santa Monica Market Data, this home is sold 481.76% higher than the current median priced home. Local homes that are currently for sale include 224 Glenroy Pl, 10981 Bellagio Rd and 11010 Chalon Rd. While the average home in Santa Monica, CA is selling in 123 days, 331 Palisades Ave has a days on market of 53 days. There are currently 239 homes for sale in the Santa Monica real estate market and 94 of them are single family homes while 105 of them are condos and 40 are townhomes. For more information on this home for sale at 331 Palisades Ave Santa Monica, CA 90402 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Monica agents.

Public Facts for 331 Palisades Ave

Public county record property details
Beds
4
Baths
3
Year built
1913
Sq. Ft.
4,599
Lot Size
17,497
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
38
APN
4293-015-014

The source for these homes facts are from public records.

90402 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,250,000
Median List Price/Sq.Ft.
$1,490
Median Sold Price
$3,266,000
Median Sold Price/Sq.Ft.
$1,181
Total Inventory
68
Median Sale to List Price %
93.34%
Avg Days on Market
50
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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.

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