405 Palisades Avenue, Santa Monica, CA 90402$12,499,000
$2,577 / ft2
Listing provided courtesy of David Kramer, Hilton & Hyland
Once-in-a-lifetime opportunity to own an impeccable specimen of early 20th Century American Craftsman architecture. This iconic, official Santa Monica Landmark has earned esteemed Mills Act historic status, creating tremendous property tax savings. The meticulously cared for home is replete with timeless, well-articulated Craftsman details and woodwork while updates have been carefully incorporated to accommodate contemporary living. A spacious layout features a comfortable living room with fireplace that connects to a cozy library and light-filled sunroom. The chef's kitchen with butcher-block island looks out to rich greenery and the elegant dining room comfortably accommodates formal gatherings. Bedrooms are ample and there is a two-room guest wing with separate entrance. Retreat to the peaceful master suite with balcony, walk-in closet, skylights, loft, and spa-like bathroom. Storage space is plentiful with numerous built-ins, basement, attic, and 3-car garage (not subject to Landmark designation allowing for ADU possibilities). The sprawling corner lot of approximately 19,000 sq.ft. is situated on the preferred north side of Palisades Ave, enjoys south and west sun exposure, and is one of the widest parcels in the neighborhood with over 107 feet of gorgeous frontage. Perfect for entertaining, the expansive yard boasts lush gardens, outdoor kitchen with BBQ, patio with fire pit, bocce ball court, swimmer's pool with hot tub and waterfall feature, and fruit trees including avocado, fig, and citrus. The supreme location is a quick stroll from Palisades Park, world-class beaches, and upscale dining and shops on Montana Ave.