$9,700,000
SOLD SEP 20, 2024
5 Beds
7 Baths
5,474 Sq Ft
1 Acres

Recently Sold

$1,772 Per Sq Ft

3% Below List Price

114 Days on Market

Highlights

  • Horses Allowed On Property
  • Solar Power System
  • Primary Bedroom Suite
  • In Ground Pool
  • Gourmet Kitchen
  • View of Trees or Woods

About This Home

As of September 2024

Nestled in Pacific Palisades' picturesque Rivas Canyon neighborhood, this contemporary residence seamlessly blends modern luxury and natural beauty. Find total serenity and privacy among the sprawling acre lot enveloped by lush greenery and secluded by the canyon hillside. Inside soaring high ceilings, Fleetwood retractable glass doors and meticulously placed transom windows allow for an abundance of radiant light throughout the day. Bespoke design details create an inviting atmosphere where rich natural textures like 100-year-old reclaimed barn wood floors and honed, book-matched marble juxtapose sleek contemporary finishes. From Ornare cabinetry to the custom Galotti lighting to Rocky Mountain Hardware fixtures and leather-lined closet drawers, every detail of the home was exquisitely curated using unrivaled finishes for a sophisticated yet soulful living environment. Fit for statement events and intimate gatherings, the home enjoys a gourmet kitchen equipped with top-tier appliances and a butler's pantry, a formal dining room, and multiple living areas that spill out to the resort-like backyard. The residence has five en suite bedrooms, four of which have direct access to outdoor patios, and seven bathrooms. The primary retreat is a minimalist oasis with a private patio, a generous custom closet with a coffee/wet bar, and a luxe en suite bath that has a soaking tub with a view. Live out the quintessential California lifestyle in the recently reimagined backyard, now featuring a sparkling gunite pool and spa, an expansive wooden deck with an exterior fireplace and outdoor bar, a turf lawn, and multiple areas to lounge, sunbathe, or dine al fresco. Other notable features include the secure gated entry, Control4 home automation, high-end water filtration system, solar system, and three-car garage with EV charger and additional driveway parking for six vehicles. Supremely positioned amidst breathtaking canyon surrounds yet only a 5-minute drive to premier amenities in Palisades Village and less than 2 miles from the beach, this exceptional residence offers a rare opportunity to experience the height of Los Angeles living.

Last Agent to Sell the Property

F. Ron Smith

Compass License #00961954

Compass

Co-Listed By

David Berg

Compass License #01481236

Last Buyer's Agent

Cindy Ambuehl

Christie's International Real Estate SoCal License #01821934

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $110,090

Year Built

  • Built in 2016 | Remodeled

Lot Details

  • 1 Acre Lot
  • Fenced Yard
  • Fenced
  • Landscaped
  • Lawn
  • Back Yard
  • Property is zoned LARE40

Parking

  • 3 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Electric Vehicle Home Charger
  • Parking Storage or Cabinetry
  • Side by Side Parking
  • Driveway
  • Guest Parking

Property Views

  • Woods
  • Canyon

Home Design

  • Contemporary Architecture
  • Turnkey
  • Plaster Walls

Interior Spaces

  • 5,474 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • High Ceiling
  • Skylights in Kitchen
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Sliding Doors
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room with Attached Deck
  • Formal Dining Room
  • Utility Room

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Maid or Guest Quarters
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Security Lights
  • Smart Home

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Spa
  • Pool Cover
  • Gunite Pool

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Fireplace
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Water Purifier

Additional Features

  • Solar Power System
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 4409-005-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$110,090

Year Built

Built in 2016 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 1
  • Entry Location: Foyer
  • Living Area: 5474
  • Lot Acreage: 0.9963
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 2016
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Wet Bar, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, Recessed Lighting, Storage Space, Turnkey, Plaster Walls, Home Automation System, Built-Ins
  • Fireplace Rooms: Exterior, Gas
  • Flooring: Hardwood, Cement
  • Appliances: Built-Ins, Microwave, Double Oven, Cooktop - Gas, Warmer Oven Drawer
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 5
  • Half Bathroom: 2
  • Bedroom Features: Master Suite, WalkInCloset, Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Powder Room, Shower Stall, Shower and Tub, Remodeled, Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Formal Dining Rm, Breakfast Counter / Bar
  • Kitchen Features: Island, Remodeled, Marble Counters, Pantry, Skylight(s), Gourmet Kitchen, Open to Family Room
  • Laundry: Room
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Washer, Refrigerator, Solar Panels, Range/Oven, Water Filter, Water Purifier, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1826.09
  • Windows: Custom Window Covering, Skylights

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+), Sliding Glass Doors, Energy Efficient, Custom Built
  • Other Structures: None
  • Fence: Privacy
  • Patio: Balcony, Covered, Patio Open, Deck(s), Living Room Deck Attached, Porch - Front, Wood
  • Pool Description: In Ground, Gunite, Pool Cover
  • Pool: Yes
  • Spa: In Ground, Gunite
  • Spa Yn: Yes
  • View: Canyon, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 6
  • Parking Garage: Garage Is Attached, Built-In Storage, Direct Entrance, Driveway, Garage - 3 Car, Parking for Guests - Onsite, Side By Side, Electric Vehicle Charging Station(s)
  • Total Parking: 9

Utilities

  • Volt 220: In Garage
  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Exterior Security Lights, Prewired for alarm system

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 4409-005-003
  • Lot Description: Back Yard, Exterior Security Lights, Fenced Yard, Landscaped, Yard, Lawn, Fenced
  • Lot Location: Canyon, Greenbelt
  • Lot Size Area: 43400

Rental Info

  • Land Lease Purchase Yn: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $9,700,000 -3.0% $1,772 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $9,996,000 +17.6% $1,826 / Sq Ft
07/29/2019 07/29/19 Sold $8,500,000 -10.5% $1,545 / Sq Ft
07/14/2019 07/14/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $9,495,000 +167.5% $1,726 / Sq Ft
07/09/2014 07/09/14 Sold $3,550,000 -3.9% $645 / Sq Ft
04/09/2014 04/09/14 For Sale $3,695,000 -- $672 / Sq Ft
Source: The MLS

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 $110,090 $9,113,715 $5,821,627 $3,292,088
2023 $107,924 $8,935,016 $5,707,478 $3,227,538
2022 $102,850 $8,759,820 $5,595,567 $3,164,253
2021 $101,637 $8,588,059 $5,485,850 $3,102,209
2020 $102,714 $8,500,000 $5,429,600 $3,070,400
2019 $62,769 $5,285,457 $3,823,660 $1,461,797
2018 $62,522 $5,181,822 $3,748,687 $1,433,135
2016 $43,310 $3,604,137 $3,045,750 $558,387
2015 $42,670 $3,550,000 $3,000,000 $550,000
2014 $33,632 $2,728,000 $2,182,400 $545,600
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,700,000 New Conventional
Previous Owner $5,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $4,800,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,950,000 Construction
Previous Owner $1,000,000 Commercial
Previous Owner $2,662,500 Adjustable Rate Mortgage/ARM
Previous Owner $3,614,000 New Conventional
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $9,700,000 Fidelity National Title
Grant Deed $8,500,000 Equity Title Company
Grant Deed $3,550,035 Provident Title Company
Grant Deed $2,728,027 Equity Title
Interfamily Deed Transfer -- --
Source: Public Records

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Source: The MLS

MLS Number: 24-381207

The MLS

APN: 4409-005-003