
405 Palisades Avenue, Santa Monica, CA 90402
405 Palisades Avenue, Santa Monica, CA 90402
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
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Santa Monica · Single Family Residence
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.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 815 Georgina Avenue | Santa Monica | 1987 | 5 | 5 | 4,731 | 8,212 | $1,374 | $6.50M | 87 | 63 |
| 962 Franklin Street | Santa Monica | 1993 | 5 | 6 | 5,170 | 11,239 | $1,350 | $6.98M | 22 | 63 |
| 423 22nd Street | Santa Monica | 2007 | 6 | 5 | 4,375 | 7,548 | $1,486 | $6.50M | 60 | 63 |
| 223 24th Street | Santa Monica | 1997 | 5 | 5 | 5,129 | 8,702 | $1,617 | $8.29M | 14 | 63 |
| 370 25th Street | Santa Monica | — | 4 | 6 | 4,772 | 8,721 | $1,675 | $8.00M | 31 | 62 |
| Total: 5 · Average | 5.0 | 5.4 | 4,835.4 | 8,884.4 | $1,500.4 | $7.25M | 42.8 | |||
| Median | 4,772 | $6.98M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 Latimer Road | Santa Monica | 1923 | 05/28/2026 | 5 | 7 | 4,178 | 27,440 | $11.99M | $10.29M | $2,462 | 0.86 | 201 | 69 |
| 401 26th Street | Santa Monica | 1928 | 05/21/2026 | 5 | 7 | 5,053 | 16,055 | $8.99M | $8.82M | $1,746 | 0.98 | 37 | 68 |
| 562 Stassi Lane | Santa Monica | 2006 | 06/08/2026 | 4 | 5 | 5,228 | 14,976 | $6.00M | $5.30M | $1,014 | 0.88 | 78 | 67 |
| 2116 3rd Street | Santa Monica | 1901 | 07/08/2026 | 9 | 9 | 4,737 | 9,007 | $5.00M | $4.45M | $939 | 0.89 | 97 | 65 |
| 20 Latimer Road | Santa Monica | 1927 | 06/04/2026 | 5 | 6 | 5,245 | 26,145 | $7.78M | $8.15M | $1,554 | 1.05 | 54 | 64 |
| Total: 5 · Average | 5.6 | 6.8 | 4,888.2 | 18,724.6 | $7.40M | $7.40M | $1,543 | — | 93.4 | ||||
| Median | 5,053 | $8.15M | $8.15M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.