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405 Palisades Avenue, Santa Monica, CA 90402

$14.0M6bd · 5ba · 4,772 sqft
Lot 18,838 sqft•Single Family Residence•
Active
•26d on market•MLS# 00-26990113

Property Description

Prominently sited on an extraordinary corner parcel of nearly 19,000 square feet along one of Santa Monica's most beautiful streets, 405 Palisades Avenue is a historically designated Craftsman residence with Mills Act status and remarkable architectural presence. Built in 1912, much of the home's original architectural integrity has been beautifully preserved and meticulously restored. A broad, welcoming porch introduces approximately 4,772 square feet of interiors rich with original character: exquisite woodwork, coffered ceilings, paneled walls, leaded glass, built-in cabinetry and substantial period detailing throughout. The six-bedroom home unfolds through gracious, wonderfully connected rooms, with wide openings, long sightlines and warm natural light playing against the deep-toned wood, while remarkable built-ins and intricate millwork reveal the craftsmanship at nearly every turn. For all its architectural significance, the house is warm, substantial and remarkably livable. Expansive grounds wrap around the entire property, creating a remarkably private, hedged sanctuary with a wonderful sense of discovery. A pool and spa, bocce ball court, outdoor gathering spaces, luscious avocado tree and detached three-car garage bring an unusual generosity to the property, all just moments from the bluffs and ocean. Thoughtfully carried forward rather than remade, 405 Palisades Avenue is a rare opportunity to live within a beautiful piece of Santa Monica history and become part of its next chapter.

Features & Amenities

FeeBuilt 1912

Property Details

Land Type
Fee
Year Built
1912
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Flooring
Wood
City
Santa Monica
Zip Code
90402
County
Los Angeles
Listed byUnknown Office, Robin Walpert

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$70,791.62
Principal & Interest
Loan Amount
$11,200,000
Total Interest
$14,284,983
Total Payment Over 30 Years
$25,484,983
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

405 Palisades Avenue, Santa Monica, CA 90402

Santa Monica · Single Family Residence

$14.0M
Luxury Tier
Beds
6
Baths
5
Sqft
4,772
Lot
18,838 sqft
Year
1912
$/Sqft
$2934
Pool: Yes✓
Spa: Yes✓

Listed 71.8% above the median closed sale of $8,150,000. Price per sqft ($2,934) is a 90% premium to closed comps ($1,543). Closed comps sold at 93% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $14.00M· $2,934/sqft
Total list price
Closed comps
vs closed median $8.15M
+$5.85M (+71.8%)
Active comps
vs active median $6.98M
+$7.02M (+100.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,500
+$1K (+95.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
815 Georgina AvenueSanta Monica1987554,7318,212$1,374$6.50M8763
962 Franklin StreetSanta Monica1993565,17011,239$1,350$6.98M2263
423 22nd StreetSanta Monica2007654,3757,548$1,486$6.50M6063
223 24th StreetSanta Monica1997555,1298,702$1,617$8.29M1463
370 25th StreetSanta Monica—464,7728,721$1,675$8.00M3162
Total: 5 · Average5.05.44,835.48,884.4$1,500.4$7.25M42.8
Median4,772$6.98M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
7 Latimer RoadSanta Monica192305/28/2026574,17827,440$11.99M$10.29M$2,4620.8620169
401 26th StreetSanta Monica192805/21/2026575,05316,055$8.99M$8.82M$1,7460.983768
562 Stassi LaneSanta Monica200606/08/2026455,22814,976$6.00M$5.30M$1,0140.887867
2116 3rd StreetSanta Monica190107/08/2026994,7379,007$5.00M$4.45M$9390.899765
20 Latimer RoadSanta Monica192706/04/2026565,24526,145$7.78M$8.15M$1,5541.055464
Total: 5 · Average5.66.84,888.218,724.6$7.40M$7.40M$1,543—93.4
Median5,053$8.15M$8.15M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.