532 Spoleto Dr Pacific Palisades, CA 90272
7
Beds
8
Baths
10,568
Sq Ft
0.32
Acres
Highlights
- Wine Room
- In Ground Pool
- Dual Staircase
- Home Theater
- Sauna
- Cape Cod Architecture
About This Home
As of December 2024This one has it all. Built in 2009, the owner spared no expense in constructing this timeless home for his family. The attention to detail is showcased by the double height foyer adorned with wainscoting and millwork, which is carried throughout the entire home. The home has a timeless "East Coast Traditional" aesthetic with all the amenities of a modern build. Featuring an elevator, gym, sauna, seven fireplaces, six car garage, four private balconies, two mudrooms, built-in vacuum, backup generator and 1,500 bottle wine cellar. The second floor features four bedrooms, each en suite with a private balcony. The primary suite is a true retreat with a luxurious bathroom complete with a soaking tub, walk-in steam shower, dual closets, wash closets and vanities.There is another en suite bedroom suite on the ground level. All bedrooms are flooded with natural light and windows with beautiful views. The gourmet kitchen is a chef's dream, featuring top-of-the-line Miele appliances, four ovens, custom cabinetry, and a generous center island. The open concept layout seamlessly connects the living spaces with the kitchen and backyard, fostering an ideal flow for both entertaining and everyday living. Outdoor kitchen features all Viking appliances, heaters, and fireplace. The lot is completely private, surrounded with mature hedges in the front and back yards. This is a special property, located on one of the most private streets in the coveted Palisades Riviera. 532 Spoleto provides the best value in the Pacific Palisades, Brentwood, or Santa Monica!
Last Agent to Sell the Property
Carolwood Estates License #02089655 Listed on: 11/15/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $171,573
Year Built
- Built in 2009 | Remodeled
Lot Details
- 0.32 Acre Lot
- Property is zoned LARE11
HOA Fees
- $25 Monthly HOA Fees
Parking
- 6 Car Garage
- Driveway
- Automatic Gate
Home Design
- Cape Cod Architecture
Interior Spaces
- 10,568 Sq Ft Home
- 3-Story Property
- Elevator
- Central Vacuum
- Dual Staircase
- Bar
- High Ceiling
- 4 Fireplaces
- Gas Fireplace
- French Doors
- Formal Entry
- Wine Room
- Wine Cellar
- Great Room
- Dining Room
- Home Theater
- Home Office
- Sauna
- Home Gym
- Engineered Wood Flooring
- Pool Views
- Basement
Kitchen
- Breakfast Area or Nook
- Walk-In Pantry
- Oven or Range
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
- Walk-In Closet
- Maid or Guest Quarters
- In-Law or Guest Suite
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Prewired Security
- Security Lights
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Balcony
- Open Patio
- Outdoor Grill
Utilities
- Central Heating
- Property is located within a water district
- Water Purifier
Listing and Financial Details
- Assessor Parcel Number 4408-025-007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2024
Closed on
Dec 11, 2024
Sold by
Joes Auto Parks 212 E 7Th-Spoleto Llc
Bought by
Guss Gary
Seller's Agent
Anthony Bundak
Carolwood Estates
Buyer's Agent
Crystal Fambrini
The Hollywood Realty
List Price
$16,995,000
Sold Price
$15,095,000
Premium/Discount to List
-$1,900,000
-11.18%
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,123,772
Avg. Annual Appreciation
-47.16%
Original Mortgage
$10,566,500
Outstanding Balance
$10,493,292
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
-$522,064
Purchase Details
Closed on
Nov 30, 2010
Sold by
Factor Dean
Bought by
Factor Dean and Factor Shannon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,525,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 8, 2009
Sold by
Factor Shannon
Bought by
Factor Dean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
5.59%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 24, 2009
Sold by
Lerner Danny and Lerner Rachel Z
Bought by
Factor Dean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
5.59%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 12, 2006
Sold by
Lannan John and Lannan Sharon
Bought by
Lerner Danny and Lerner Rachel Z
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $15,095,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Equity Title | |
| Grant Deed | $9,500,000 | Equity Title Company | |
| Grant Deed | -- | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $10,566,500 | New Conventional | |
| Previous Owner | $1,175,000 | Credit Line Revolving | |
| Previous Owner | $1,175,000 | Stand Alone Second | |
| Previous Owner | $5,525,000 | New Conventional | |
| Previous Owner | $1,750,000 | Credit Line Revolving | |
| Previous Owner | $5,000,000 | Purchase Money Mortgage | |
| Previous Owner | $275,000 | Unknown | |
| Previous Owner | $500,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $15,095,000 | -11.2% | $1,428 / Sq Ft |
| 11/15/2024 11/15/24 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | For Sale | $16,995,000 | 0.0% | $1,608 / Sq Ft |
| 01/24/2024 01/24/24 | Rented | $55,000 | 0.0% | -- |
| 12/14/2023 12/14/23 | Price Changed | $55,000 | -26.7% | $5 / Sq Ft |
| 10/17/2023 10/17/23 | For Rent | $75,000 | 0.0% | -- |
| 06/14/2022 06/14/22 | Rented | $75,000 | 0.0% | -- |
| 05/24/2022 05/24/22 | For Rent | $75,000 | 0.0% | -- |
| 12/28/2018 12/28/18 | Sold | $13,860,000 | -4.3% | $1,312 / Sq Ft |
| 12/17/2018 12/17/18 | Pending | -- | -- | -- |
| 12/17/2018 12/17/18 | For Sale | $14,485,000 | +4.5% | $1,371 / Sq Ft |
| 12/13/2018 12/13/18 | Off Market | $13,860,000 | -- | -- |
| 12/13/2018 12/13/18 | For Sale | $14,485,000 | +4.5% | $1,371 / Sq Ft |
| 12/03/2018 12/03/18 | Off Market | $13,860,000 | -- | -- |
| 11/29/2018 11/29/18 | For Sale | $14,485,000 | -- | $1,371 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $171,573 | $14,501,743 | $9,426,134 | $5,075,609 |
| 2024 | $171,573 | $14,217,396 | $9,241,308 | $4,976,088 |
| 2023 | $168,191 | $13,938,624 | $9,060,106 | $4,878,518 |
| 2022 | $160,273 | $13,665,318 | $8,882,457 | $4,782,861 |
| 2021 | $158,365 | $13,397,372 | $8,708,292 | $4,689,080 |
| 2019 | $153,563 | $13,000,000 | $8,450,000 | $4,550,000 |
| 2018 | $122,876 | $10,210,165 | $5,672,315 | $4,537,850 |
| 2016 | $117,564 | $9,813,694 | $5,452,053 | $4,361,641 |
| 2015 | $115,821 | $9,666,285 | $5,370,159 | $4,296,126 |
| 2014 | $116,107 | $9,476,936 | $5,264,965 | $4,211,971 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Tyler Convery
Carolwood Estates
(708) 308-7987
2 in this area
9 Total Sales
-
Seller's Agent in 2024
Anthony Bundak
Carolwood Estates
(310) 623-3600
1 in this area
18 Total Sales
-
Buyer's Agent in 2024
Crystal Fambrini
The Hollywood Realty
(310) 279-9181
1 in this area
5 Total Sales
-
Seller's Agent in 2018
John Hathorn
Compass
(310) 924-4014
6 in this area
51 Total Sales
-
Seller Co-Listing Agent in 2018
Charles Pence
Compass
(310) 403-9238
3 in this area
32 Total Sales
-
Buyer's Agent in 2018
Arielle Passy
Sotheby's International Realty
(310) 926-7078
2 in this area
9 Total Sales
Map
Source: The MLS
MLS Number: 24-447415
APN: 4408-025-007
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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