NOT LISTED FOR SALE

1266 Chautauqua Blvd Pacific Palisades, CA 90272

Estimated Value: $3,966,000 - $6,108,962

4 Beds
6 Baths
4,210 Sq Ft
$1,188/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $5,290,000 $1,257 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $32,729/month

105 Days on Market

Highlights

  • Ocean View
  • Wine Room
  • Contemporary Architecture
  • Attached Guest House
  • Dining Room with Fireplace
  • Wood Flooring

About This Home

As of November 2021

This private and gated panoramic view estate is unlike any other in the heart of the Palisades Village. The residence is set on an expansive promontory and features a stately stone facade, welcoming guests into the middle level. Via stairs or elevator, the top floor features a beautiful living room with fireplace that spills out towards the views and a recently redone island kitchen with top appliances. A formal dining room under elegant arches, family room, office, patio with firepit, and al fresco dining deck with BBQ and heaters finish the top level. Awe-inspiring views span from Will Rogers State Park to Downtown and Century City, to the jetliner views of planes landing at LAX below Palos Verdes, and the entire bay from Catalina to the edge of Malibu. The middle level features three ensuite bedrooms, including the master suite, with incredible views, a stunning bathroom with separate shower and tub, dual vanities, and a huge walk-in closet. The lower level is graced by a 700+ bottle wine cellar, tasting room, large laundry room, and a separate guest apartment outfitted with a living room, kitchen, bedroom, bathroom, and separate entry. The home is completed by two 2-car garages, walnut floors throughout, tankless water heaters, and a newer security/camera system. Completely rebuilt in 2006 by R&R Construction.

Last Agent to Sell the Property

Dan Urbach

Compass License #01147391 Listed on: 05/27/2021

Compass

Last Buyer's Agent

Emil Hartoonian

The Agency License #01796925

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,220

Lot Details

  • 0.37 Acre Lot
  • Privacy Fence
  • Electric Fence
  • Property is zoned LAR1

Parking

  • 4 Car Direct Access Garage

Property Views

  • Ocean
  • Catalina
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Updated or Remodeled

Interior Spaces

  • 4,210 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wine Room
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Home Office

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Additional Features

  • Fire Pit
  • Attached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4422-008-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,220

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: A gated, panoramic view estate unlike any other in the heart of the Palisades Village. Set on a huge promontory, guests enter via the middle level. The top floor features a beautiful living room with fireplace and a redone kitchen with island and top appliances. Dining room, family room, office, patio with firepit, and dining deck with BBQ and heaters also on top level. Awe-inspiring views from Will Rogers, to Downtown, to the entire bay and Catalina. Middle level has 2 ensuite bedrooms and master suite with, large bathroom with shower and tub, 2 vanities, and a huge walk-in closet. Lower level with a 700+ bottle wine cellar, tasting room, laundry room, and guest apartment with living, kitchen, bedroom, bath, and separate entry. Two 2-car garages, elevator, walnut floors, and security. Rebuilt in 2006 by R&R Construction. Listed by Dan Urbach - Compass. 310.367.9865 | Dan@DanUrbach.com
  • Entry Location: Mid Level
  • Living Area: 4210
  • Lot Acreage: 0.3680
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Dining, Fire Pit
  • Flooring: Hardwood, Mixed, Tile
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Elevator, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1375.30

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Privacy, Electric
  • Guest House: Attached
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Mountains, Ocean, Catalina
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Garage - 4+ Car, Garage Is Attached, Direct Entrance
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4422-008-014
  • Lot Size Area: 16028

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Sep 13, 2021
Sold by
Rowland Thomas M and Murphy Mary Frances
Bought by
Wayne Eric J and Wayne Lisa M
Seller's Agent
Dan Urbach
Compass
Buyer's Agent
Emil Hartoonian
The Agency
List Price
$5,790,000
Sold Price
$5,290,000
Premium/Discount to List
-$500,000
-8.64%
Current Estimated Value
$5,182,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$107,013
Avg. Annual Appreciation
2.27%
Original Mortgage
$2,645,000
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2003
Sold by
Mohr Martha M and Mohr Family Trust
Bought by
Rowland Thomas M and Murphy Mary Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.87%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Wayne Eric J $5,290,000 Progressive Title Company
Rowland Thomas M -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wayne Eric J $2,645,000
Previous Owner Rowland Thomas M $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $5,290,000 -8.6% $1,257 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $5,790,000 -- $1,375 / Sq Ft
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 $52,220 $1,896,968 $1,896,968 --
2024 $52,220 $4,303,027 $2,861,191 $1,441,836
2023 $48,686 $4,009,126 $2,536,907 $1,472,219
2022 $14,739 $1,213,354 $256,108 $957,246
2021 $14,542 $1,189,564 $251,087 $938,477
2019 $14,112 $1,154,284 $243,641 $910,643
2018 $13,991 $1,131,652 $238,864 $892,788
2016 $13,357 $1,087,711 $229,590 $858,121
2015 $13,164 $1,071,374 $226,142 $845,232
2014 $13,212 $1,050,389 $221,713 $828,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-737648

The MLS

APN: 4422-008-014