Seller's Agent in 2024
Daniel Milstein
Christie's International Real Estate SoCal
(310) 500-3900
2 in this area
10 Total Sales
1328 Las Pulgas Rd Pacific Palisades, CA 90272
Pacific Palisades NeighborhoodEstimated Value: $6,528,824 - $7,695,000
5
Beds
6.5
Baths
6,025
Sq Ft
$1,153/Sq Ft
Est. Value
Highlights
- Ocean View
- Home Theater
- Sauna
- Wine Cellar
- Cabana
- Gourmet Kitchen
About This Home
As of March 2024***NEWLY PRICED FOR 2024*** You have found the home of your dreams! Luxuriously nestled in the Pacific Palisades, this trophy estate has it all! Incredible floor plan with breathtaking 180-degree views of the ocean, Catalina Island, and Queens Necklace from all points of the home! Prime A+ location at end of the street provides total privacy and security! Nestled right below the Ridgeview Country Estates but without any HOA or HOA fees to bother you! Live in your own private oasis! Drive through your iron gates and into a world of indulgence and luxury. When you drive into this property you will understand how special it is. This estate features a mix of Mediterranean charm and contemporary elegance on over an acre of land! 4 formal Bedrooms with en-suites & walk outs to private balconies to enjoy the views & 7 bathrooms with spacious principal rooms for great entertaining! Main level features a grand entry with family room, formal dining room with ocean views and oversized sunroom with a walk out to terrace for indoor/outdoor living! Extra large eat-in gourmet chefs kitchen with total views, breakfast area, large pantry and all high end updated s/s appliances for any cooking lover! Upper level features grand master suite with seating area, double cedar wood walk in closets, fireplace and complete views of the sparkling ocean! En suite bathroom features separate glass steam shower, extra large elevated tub, separate entrance to ground level terrace and full dry sauna! Wow! The lower level features a custom built gym/yoga/mediation room w/ walk out, an office area with custom built in's, an en-suite powder bathroom and separate entrance perfect for work from home individuals or home business. 300 (+/-) bottle wine cellar, Double car garage with custom storage , Crestron wired and separate entrance. Outdoor area is perfect for entertaining large gatherings and events! Equipped with overhead heating, a bespoke outdoor bar, full covered outdoor kitchen, and an oversized jacuzzi with waterfall fitting 10+ people! The grounds of the property feature beautiful lush landscaping and mature vegetation for a true park-esque feel to welcome you home daily! A separate gardeners bathroom located on south side of the property for privacy away from owner. Fully gated with total security, 2 gate houses and a back up generator that powers the property for over 72 hours in event of outages! The north perimeters of the property offer a private mini parkette for several uses including a mini golf or potential sports court! This coastal estate stands as a once in a lifetime offering embodying the coastal California lifestyle in all its grandeur. This lot and property is extremely RARE and has lot of history about how it was acquired. Don't miss your opportunity to own this special estate with all the bells and whistles you've been waiting for!
Last Listed By
Christie's International Real Estate SoCal License #02106842 Listed on: 01/05/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $44,587
Year Built
- Built in 1996
Lot Details
- 1.13 Acre Lot
- West Facing Home
- Gated Home
- Property is zoned LARE40
Parking
- 2 Car Direct Access Garage
- 6 Open Parking Spaces
- Circular Driveway
- Auto Driveway Gate
- Guest Parking
- Controlled Entrance
Property Views
- Ocean
- Coastline
- Panoramic
- City Lights
- Bluff
- Mountain
- Hills
Home Design
- Contemporary Architecture
- Split Level Home
Interior Spaces
- 6,025 Sq Ft Home
- Wet Bar
- Central Vacuum
- Built-In Features
- Bar
- Awning
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Home Theater
- Den
- Bonus Room
- Sun or Florida Room
- Sauna
- Home Gym
- Basement
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Double Convection Oven
- Gas Cooktop
- Range Hood
- Warming Drawer
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- Powder Room
- Maid or Guest Quarters
- Granite Bathroom Countertops
- Bathtub with Shower
- Steam Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security Lights
- Intercom
- Fire Sprinkler System
Pool
- Cabana
- Heated Spa
- In Ground Spa
- Room in yard for a pool
Outdoor Features
- Enclosed patio or porch
- Built-In Barbecue
Utilities
- Central Heating
- Sewer in Street
- Phone System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4420-040-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 5, 2024
Closed on
Feb 20, 2024
Sold by
Wee Amanda
Bought by
Cheng Simon
Seller's Agent
Daniel Milstein
Christie's International Real Estate SoCal
Buyer's Agent
Susan Stark
Compass
List Price
$8,599,000
Sold Price
$7,800,000
Premium/Discount to List
-$799,000
-9.29%
Total Days on Market
15
Views
133
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$853,725
Avg. Annual Appreciation
-10.36%
Original Mortgage
$4,000,000
Interest Rate
6.77%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 24, 2024
Sold by
Schaffner Family Revocable Trust
Bought by
Cheng Simon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6.77%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 21, 1997
Sold by
Keshtkar Deborah
Bought by
Keshtkar Brett Jack
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Interest Rate
7.5%
Purchase Details
Closed on
Feb 11, 1997
Sold by
Keshtkar Brett J
Bought by
Schaffner Roger A and Schaffner Marlene D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Interest Rate
7.5%
Purchase Details
Closed on
Dec 28, 1994
Sold by
Sjk Enterprises Inc
Bought by
Keshtkar Brett J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cheng Simon | -- | Fidelity National Title | |
| Cheng Simon | $7,800,000 | Fidelity National Title | |
| Keshtkar Brett Jack | -- | Continental Title | |
| Schaffner Roger A | $2,250,000 | Continental Lawyers Title Co | |
| Keshtkar Brett J | $150,000 | Equity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cheng Simon | $4,000,000 | |
| Previous Owner | Schaffner Family Revocable Tru | $2,110,000 | |
| Previous Owner | Schaffner Roger A | $500,000 | |
| Previous Owner | Schaffner Roger A | $1,000,000 | |
| Previous Owner | Schaffner Roger A | $1,374,000 | |
| Previous Owner | Schaffner Roger A | $1,485,000 | |
| Previous Owner | Schaffner Roger A | $1,500,000 | |
| Previous Owner | Schaffner Roger A | $1,575,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2024 03/28/24 | Sold | $7,800,000 | -9.3% | $1,295 / Sq Ft |
| 01/20/2024 01/20/24 | Pending | -- | -- | -- |
| 01/05/2024 01/05/24 | For Sale | $8,599,000 | -- | $1,427 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $44,587 | $3,664,738 | $1,995,963 | $1,668,775 |
| 2023 | $43,719 | $3,592,881 | $1,956,827 | $1,636,054 |
| 2022 | $41,678 | $3,522,433 | $1,918,458 | $1,603,975 |
| 2021 | $41,162 | $3,453,367 | $1,880,842 | $1,572,525 |
| 2019 | $39,921 | $3,350,940 | $1,825,056 | $1,525,884 |
| 2018 | $39,766 | $3,285,236 | $1,789,271 | $1,495,965 |
| 2016 | $38,026 | $3,157,669 | $1,719,793 | $1,437,876 |
| 2015 | $37,465 | $3,110,239 | $1,693,961 | $1,416,278 |
| 2014 | $37,584 | $3,049,315 | $1,660,779 | $1,388,536 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Milstein
-
Aaron Kirman
Seller Co-Listing Agent in 2024
Aaron Kirman
Christie's International Real Estate SoCal
(424) 249-7162
7 in this area
291 Total Sales
-
Susan Stark
Buyer's Agent in 2024
Susan Stark
Compass
(310) 820-0195
4 in this area
39 Total Sales
-
Joan Caplis
Buyer Co-Listing Agent in 2024
Joan Caplis
Coldwell Banker Realty
(310) 820-6651
5 in this area
30 Total Sales
Map
Similar Homes in the area
Source: The MLS
MLS Number: 23-341473
APN: 4420-040-004
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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