NOT LISTED FOR SALE

16597 Calle Victoria Pacific Palisades, CA 90272

Estimated Value: $4,865,000 - $6,953,858

7 Beds
7.5 Baths
7,220 Sq Ft
$854/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $7,650,000 $1,060 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $43,098/month

13 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Auto Driveway Gate
  • Fitness Center
  • Heated In Ground Pool
  • 0.99 Acre Lot

About This Home

As of July 2022

Welcome to paradise! Situated on nearly an acre of land, with panoramic ocean and canyon views, this turn-key estate is one of only five on a gated cul-de-sac. The home is set behind its own gate, mature hedges and aromatic jasmine. Enter past the gorgeous gardenia bushes and elegant fountain into a dramatic two-story foyer where you'll immediately be greeted by the sweeping views and elegant design details. With over 7200 square feet of living space, the floor plan is ideal for today's lifestyle, providing optimal access to the resort-like grounds. Off of the grand entry hall is a formal living room with french doors that frame the canyon vista and a formal dining room with temperature controlled wine storage. The ultimate chef's kitchen features high-end appliances, dual dishwashers, refrigerated drawers, oversized island, walk-in pantry, and breakfast area that flows into the family room. Truly the heart of the home, this sun-filled great room has beamed ceilings, a double-sided fireplace, and a bar area. Despite the warmth and comfort of the interior spaces, you'll find yourself drawn outside to enjoy the sunshine, ocean breeze, and expansive views. The manicured grounds feature a sparkling pool and spa, outdoor gazebo with fireplace, built-in BBQ area and plenty of space to entertain. Not to mention the fresh rosemary and mature fruit trees including orange, clementine, lemon, avocado, tangerine and kumquat! Back inside, the first floor of the home offers 2 bedroom suites - perfect for guests and staff, a home office, an elegant powder room, an oversized laundry room, and a pool bath with steam shower. Upstairs you will find the primary suite complete with a private balcony, a dressing room with two walk-in closets and perhaps the most luxurious room in the house: the primary bathroom, where you can enjoy the ocean view from the soaking tub or the oversized and sun-lit walk-in shower. Also on the second floor are 3 additional bedroom suites and a large flex space perfect for a screening room, playroom or 7th bedroom. Additional amenities and conveniences include a three car garage, plentiful storage, Crestron smart home system, surround sound, whole house water softener, and Tesla car charger. This home has been beautifully designed, extensively upgraded and meticulously maintained. Homeowners also enjoy access to the exclusive Summit Club's pool, spa, tennis and basketball courts, gym, playground and community events, along with 24-hour security patrol of the community by the HOA. Optional membership to the Highlands dog park is also available. All of this, just minutes from the new Palisades Village, the beach, desirable public and private schools, and the best of the West Side. Come experience this one of a kind home in one of the most tranquil and serene settings in all of Los Angeles.

Last Agent to Sell the Property

Amy Snider

Compass License #02061837 Listed on: 05/19/2022

Compass

Last Buyer's Agent

Brett Lawyer

Carolwood Estates License #00897489

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $94,991

Year Built

  • Built in 2005

Lot Details

  • 0.99 Acre Lot
  • Gated Home
  • Property is zoned LARE15

HOA Fees

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • Canyon

Home Design

  • Contemporary Architecture

Interior Spaces

  • 7,220 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Two Way Fireplace
  • Formal Entry
  • Wine Cellar
  • Great Room with Fireplace
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Center Hall
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Car Direct Access Garage
  • Electric Vehicle Home Charger
  • Auto Driveway Gate
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Outdoor Fireplace
  • Gazebo
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Purifier
  • Water Conditioner

Listing and Financial Details

  • Assessor Parcel Number 4431-043-001

Community Details

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$94,991

Year Built

Built in 2005

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to paradise! Situated on nearly an acre of land, with panoramic ocean and canyon vistas, this turn-key estate is one of only five on a gated cul-de-sac in the exclusive community of the Palisades Highlands. With over 7200 square feet of living space, 7 bedrooms and 7.5 bathrooms, the floor plan is ideal for today's lifestyle with dedicated rooms for work, play and entertaining. The resort-like grounds feature a sparkling pool and spa, outdoor gazebo with fireplace, built-in BBQ and space to entertain, all with the Canyon and Pacific Ocean views as the backdrop. Homeowners enjoy access to the exclusive Summit Club's pool, spa, tennis and basketball courts, gym, playground and community events, along with 24-hour security patrol of the community by the HOA. All of this, just minutes from the Palisades Village and the beach.
  • Complex Name: Summit at Palisades Highlands
  • Living Area: 7220
  • Lot Acreage: 0.9912
  • Stories: 2
  • Year Built: 2005
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Two Way, Great Room, Exterior
  • Flooring: Wood, Travertine, Tile
  • Bedrooms: 7
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 3
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Central Vacuum, Barbeque, Built-Ins, Alarm System, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Water Purifier, Water Conditioner, Washer, Refrigerator, Microwave
  • Price Per S Q F T: 954.99

Exterior Features

  • Other Structures: Gazebo
  • Pool Description: In Ground, Heated
  • Pool: Yes
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Canyon, Ocean, Panoramic, Catalina
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Driveway Gate, Garage - 3 Car, Garage Is Attached, Electric Vehicle Charging Station(s), Direct Entrance, Parking for Guests - Onsite, Gated
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central, Zoned
  • Security: Community, Gated

Association/Amenities

  • Amenities: Basketball Court, Fitness Center, Pool, Playground, Tennis Courts, Spa

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Annually
  • HOA Fees: 375.00
  • HOA Fees: 300.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4431-043-001
  • Lot Size Area: 43178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 6, 2022
Sold by
Snider Family Trust
Bought by
Lebedev Leonid
Seller's Agent
Amy Snider
Compass
Buyer's Agent
Brett Lawyer
Carolwood Estates
List Price
$6,895,000
Sold Price
$7,650,000
Premium/Discount to List
$755,000
10.95%
Current Estimated Value
$6,383,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,266,381
Avg. Annual Appreciation
-6.69%
Original Mortgage
$3,442,500
Outstanding Balance
$3,239,462
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$2,923,491

Purchase Details

Closed on
Jul 17, 2013
Sold by
Snider Jay T and Snider Terry E
Bought by
Snider Jay T and Snider Terry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 5, 2005
Sold by
Koh Steven S and Koh Jung Ok
Bought by
Snider Jay T and Snider Terry E

Purchase Details

Closed on
Apr 20, 2005
Sold by
Calle Victoria Llc
Bought by
Koh Steven S and Koh Jung Ok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2003
Sold by
Fung Norah and Fung Bernard K K
Bought by
Calle Victoria Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.96%

Purchase Details

Closed on
Dec 4, 1996
Sold by
Fung Norah
Bought by
Fung Norah and Fund Bernard K K
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
Lebedev Leonid $7,650,000 Equity Title
Snider Jay T -- None Available
Snider Jay T $5,600,000 Equity Title Company
Koh Steven S $4,750,000 California Title Company
Calle Victoria Llc $1,250,000 Fidelity National Title Co
Calle Victoria Llc $1,250,000 Fidelity National Title Co
Fung Norah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lebedev Leonid $3,442,500
Previous Owner Snider Jay T $2,000,000
Previous Owner Snider Jay T $1,500,000
Previous Owner Koh Steven S $2,000,000
Previous Owner Calle Victoria Llc $300,000
Previous Owner Calle Victoria Llc $300,000
Previous Owner Calle Victoria Llc $200,000
Previous Owner Calle Victoria Llc $700,000
Previous Owner Calle Victoria Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $7,650,000 +10.9% $1,060 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $6,895,000 -- $955 / 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 $94,991 $7,378,517 $5,009,526 $2,368,991
2024 $94,991 $7,803,000 $5,457,000 $2,346,000
2023 $93,126 $7,650,000 $5,350,000 $2,300,000
2022 $85,312 $7,211,478 $4,507,177 $2,704,301
2021 $84,280 $7,070,077 $4,418,801 $2,651,276
2019 $81,731 $6,860,377 $4,287,738 $2,572,639
2018 $81,355 $6,725,861 $4,203,665 $2,522,196
2016 $77,840 $6,464,690 $4,040,433 $2,424,257
2015 $76,690 $6,367,585 $3,979,742 $2,387,843
2014 $76,894 $6,242,854 $3,901,785 $2,341,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-158679

The MLS

APN: 4431-043-001