$11,400,000
SOLD MAR 14, 2024
7 Beds
5.5 Baths
6,485 Sq Ft
8,392 Sq Ft Lot

Recently Sold

$1,758 Per Sq Ft

12% Below List Price

159 Days on Market

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • Wood Flooring
  • Roosevelt Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Spanish Architecture

About This Home

As of March 2024

Introducing "Casa del Mar," a captivating Spanish-style beachfront residence in the heart of Santa Monica's coastal paradise. Designed by esteemed architect John Byers, this remarkable 7-bedroom home offers an elegant and timeless coastal charm. Set back from the street, the inviting courtyard leads you into this picturesque home where you are immediately greeted with an ocean view. Exposed beams, crown molding, and graceful French doors further accentuate the coastal allure. Spanning an impressive 6,485 square feet, Casa del Mar features two master suites on the water, each with a cozy fireplace and luxurious en suite bathrooms. The third level of the home hosts a spacious multipurpose room with a wet bar, providing immense space for entertainment and relaxation. Outside, an enchanting oasis awaits with a large ocean-side swimming pool for refreshing dips on sunny days. The inner courtyard, embellished with a Spanish tile fountain, offers a peaceful escape. This exceptional property boasts 45 feet of coveted beach frontage, providing unparalleled access to the coastline. Casa del Mar is a masterpiece of architectural brilliance and coastal allure. Embrace it's timeless charm and make it yours!

Last Agent to Sell the Property

Cindy Ambuehl

Christie's International Real Estate SoCal License #01821934 Listed on: 08/18/2023

Co-Listed By

Chris Cortazzo

Compass License #01190363

Last Buyer's Agent

Jacob Staitman

Christie's International Real Estate SoCal License #02064180

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $128,386

Year Built

  • Built in 1928

Lot Details

  • 8,392 Sq Ft Lot
  • Lot Dimensions are 45x187
  • Ocean Front
  • Property is zoned SMR2B*

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline

Home Design

  • Spanish Architecture

Interior Spaces

  • 6,485 Sq Ft Home
  • 3-Story Property
  • Entryway
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Alarm System
  • Breakfast Area or Nook
  • Laundry Room

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Powder Room

Outdoor Features

  • Heated In Ground Pool
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4292-031-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$128,386

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 6485
  • Lot Acreage: 0.1927
  • Lot Dimensions: 45x187
  • Stories: 3
  • Year Built: 1928
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Master Bedroom, Master Retreat, Living Room, Fire Pit
  • Flooring: Stone Tile, Hardwood, Mixed
  • Bedrooms: 7
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Barbeque
  • Price Per S Q F T: 1966.08

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground, Heated And Filtered
  • Pool: Yes
  • Spa Yn: No
  • View: Coastline, Water, Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4292-031-003
  • Lot Size Area: 8392

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Jan 29, 2024
Sold by
1020 Pbr Llc
Bought by
Baker Wendy J
Seller's Agent
Cindy Ambuehl
Christie's International Real Estate SoCal
Buyer's Agent
Jacob Staitman
Christie's International Real Estate SoCal
List Price
$12,970,000
Sold Price
$11,400,000
Premium/Discount to List
-$1,570,000
-12.1%
Views
481
Current Estimated Value
$8,863,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,536,144
Avg. Annual Appreciation
-16.71%
Original Mortgage
$6,270,000
Interest Rate
8.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2021
Closed on
Oct 18, 2021
Sold by
Feinberg Jeffrey L and Jeffrey L Feinberg Personal Tr
Bought by
1020 Pbr Llc
Seller's Agent
Dan Malka
Engel & Völkers Beverly Hills
Buyer's Agent
Dan Malka
Engel & Völkers Beverly Hills
List Price
$10,995,000
Sold Price
$10,600,000
Premium/Discount to List
-$395,000
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%

Purchase Details

Closed on
Sep 6, 2019
Sold by
Palisades Beach Road Investments Llc
Bought by
Feinberg Jeffrey L

Purchase Details

Closed on
Dec 28, 2012
Sold by
Nugent Mary Phillippa and Nugent Mary Phyllis
Bought by
Palisades Beach Road Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 10, 2012
Sold by
Nugent Mary Phillipa and Nugent Family Trust
Bought by
Nugent Mary Phillippa and Nugent Phyllis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 31, 2011
Sold by
Nugent Mary Phillippa and Nugent Mary Phyllis
Bought by
Nugent Mary Phillippa and Nugent Mary Phyllis

Purchase Details

Closed on
May 14, 2001
Sold by
Nugent Mary Phillippa
Bought by
Nugent Mary Phillippa and Nugent Family Trust

Purchase Details

Closed on
Dec 4, 1998
Sold by
Nugent Mary Phillippa
Bought by
Nugent Mary Phillippa and Nugent Family Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $11,400,000 First American Title
Grant Deed $10,600,000 California Title
Grant Deed $12,000,000 Title365
Grant Deed $10,000,100 Equity
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- --
Gift Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 New Conventional
Closed $6,270,000 New Conventional
Previous Owner $5,000,000 Seller Take Back
Previous Owner $998,000 New Conventional
Previous Owner $1,000,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $11,400,000 -10.6% $1,758 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
12/16/2023 12/16/23 Price Changed $12,750,000 -1.7% $1,966 / Sq Ft
08/18/2023 08/18/23 For Sale $12,970,000 +22.4% $2,000 / Sq Ft
11/16/2021 11/16/21 Sold $10,600,000 -3.6% $1,635 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $10,995,000 0.0% $1,695 / Sq Ft
07/16/2017 07/16/17 For Rent $50,000 +66.7% --
07/11/2017 07/11/17 Rented $30,000 -40.0% --
07/06/2017 07/06/17 Off Market $50,000 -- --
06/22/2017 06/22/17 For Rent $50,000 0.0% --
06/12/2017 06/12/17 Off Market $50,000 -- --
05/11/2017 05/11/17 Price Changed $50,000 +66.7% $8 / Sq Ft
04/21/2017 04/21/17 For Rent $30,000 -40.0% --
04/17/2017 04/17/17 Rented $50,000 +66.7% --
01/27/2017 01/27/17 For Rent $30,000 +20.0% --
11/03/2016 11/03/16 Rented $25,000 -16.7% --
10/05/2016 10/05/16 For Rent $30,000 -14.3% --
05/06/2015 05/06/15 Rented $35,000 -30.0% --
05/06/2015 05/06/15 Under Contract -- -- --
02/12/2014 02/12/14 For Rent $50,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $128,386 $11,628,000 $8,160,000 $3,468,000
2024 $128,386 $11,028,240 $7,282,800 $3,745,440
2023 $126,348 $10,812,000 $7,140,000 $3,672,000
2022 $124,876 $10,600,000 $7,000,000 $3,600,000
2021 $142,094 $12,124,320 $8,082,880 $4,041,440
2019 $131,237 $11,039,062 $7,175,391 $3,863,671
2018 $123,395 $10,822,611 $7,034,698 $3,787,913
2016 $119,055 $10,402,358 $6,761,533 $3,640,825
2015 $117,537 $10,246,106 $6,659,969 $3,586,137
2014 $115,722 $10,045,400 $6,529,510 $3,515,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-301949

The MLS

APN: 4292-031-003