507 W Rustic Rd Santa Monica, CA 90402
Santa Monica Canyon NeighborhoodEstimated payment $22,485/month
Highlights
- Very Popular Property
- Primary Bedroom Suite
- Fireplace in Primary Bedroom
- Fishing
- View of Trees or Woods
- Wooded Lot
About This Home
Opportunities like this simply don't come along in Santa Monica Canyon. Tucked along Rustic Canyon Creek on a quiet, tree-lined street, this traditional two-story residence sits on an expansive 13,748-square-foot sloped canyon lot in one of the most coveted and rarely available pockets of 90402. Properties at this scale, on this street, in this neighborhood do not reach the open market often and when they do, they don't last. The home is being sold in as-is condition and needs work which is precisely the opportunity. The 3-bedroom, 2.5-bath layout offers solid bones: soaring entry ceilings, original wood floors, dual fireplaces, a primary suite with private balcony, French doors opening to the backyard, and an oversized two-car garage with direct access. What it needs is a buyer with vision. The sloped lot is the canvas. Terraced gardens, a hillside pool, cantilevered outdoor living decks, a fully reimagined luxury estate, the topography here invites the kind of architectural drama that flat lots simply can't deliver. Bring your architect, your designer, and your imagination. Minutes from Canyon Charter Elementary, from the beach, Santa Monica Stairs, premier dining, and the 3rd Street Promenade. Surrounded by nature, connected to everything. This is your chance to secure an irreplaceable address in the heart of "The Canyon" and build it entirely on your terms.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 619-339-4365 License #02041837 Listed on: 05/18/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1973
Lot Details
- 13,748 Sq Ft Lot
- Wooded Lot
- Property is zoned LAR1
Parking
- 2 Car Attached Garage
Property Views
- Woods
- Creek or Stream
Home Design
- Entry on the 2nd floor
Interior Spaces
- 2,176 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- No Heating
Listing and Financial Details
- Tax Tract Number 1719
- Assessor Parcel Number 4410015029
Community Details
Overview
- No Home Owners Association
Recreation
- Fishing
- Park
- Hiking Trails
Map
Home Values in the Area
Average Home Value in this Area
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 | $28,231 | $2,193,506 | $1,619,016 | $574,490 |
| 2024 | $28,231 | $2,332,548 | $1,763,634 | $568,914 |
| 2023 | $27,679 | $2,286,812 | $1,729,053 | $557,759 |
| 2022 | $26,383 | $2,241,973 | $1,695,150 | $546,823 |
| 2021 | $26,063 | $2,198,013 | $1,661,912 | $536,101 |
| 2019 | $25,275 | $2,132,820 | $1,612,620 | $520,200 |
| 2018 | $25,201 | $2,091,000 | $1,581,000 | $510,000 |
| 2016 | $17,912 | $1,482,534 | $1,008,677 | $473,857 |
| 2015 | $17,649 | $1,460,266 | $993,526 | $466,740 |
| 2014 | $17,707 | $1,431,663 | $974,065 | $457,598 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/18/2026 05/18/26 | For Sale | $3,775,000 | +84.1% | $1,735 / Sq Ft | |
| 04/12/2017 04/12/17 | Sold | $2,050,000 | -2.3% | $942 / Sq Ft | View Prior Sale |
| 02/07/2017 02/07/17 | Pending | -- | -- | -- | |
| 05/10/2016 05/10/16 | Price Changed | $2,099,000 | -4.4% | $965 / Sq Ft | |
| 03/18/2016 03/18/16 | Price Changed | $2,195,000 | -8.4% | $1,009 / Sq Ft | |
| 02/04/2016 02/04/16 | Price Changed | $2,395,000 | -4.0% | $1,101 / Sq Ft | |
| 01/21/2016 01/21/16 | For Sale | $2,495,000 | -- | $1,147 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $2,050,000 | Title365 Company | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Southland Title | |
| Grant Deed | -- | Southland Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $650,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,000,000 | Purchase Money Mortgage | |
| Previous Owner | $1,000,000 | Purchase Money Mortgage | |
| Closed | $0 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2603811
APN: 4410-015-029
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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