NOT LISTED FOR SALE

783 Paseo Miramar Pacific Palisades, CA 90272

Estimated Value: $5,153,000 - $7,500,979

4 Beds
5 Baths
5,071 Sq Ft
$1,212/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $8,150,000 $1,607 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $37,122/month

33 Days on Market

Highlights

  • Ocean View
  • Art Studio
  • RV Access or Parking
  • Guest House
  • Heated In Ground Pool
  • Gourmet Kitchen

About This Home

As of March 2024

Welcome to Paseo, an Artist's California Modern Ocean View Aerie and Studio in the exclusive neighborhood of Paseo Miramar. There are places that nurture the creative spirit. This is such a place. A former residence of a Beach Boy, the home was completely reimagined in collaboration with Architect Bill Bernstein, an associate of the incomparable Mexican Architect, Ricardo Legoretta, renowned Designer Megan Heacock White, and the Artists/Owners. The home was completely rebuilt, save the decision to retain the roof that sheltered a Beach Boy and contained those good vibrations. The house was recreated as an open, airy, rigorous yet organic retreat with a Mid-Century feel. The setting is spectacular.Wood gates shield the Cedar clad architectural masterpiece and bold 2 story artist's studio. Extraordinary vistas of the lush canyon, mountains, and the sea expand outwards from the soulful, cascading gardens, wide, welcoming Ipe decks, and a serene pool. A spa nestles in the verdant hillside. Your future is here, enveloped in this home created as a refuge, a sanctuary, an art piece in its own right. The property melds function and flow with beauty. An open living space yields breathtaking views, with an expanse of sliding Fleetwood doors that pocket into a wall, eliminating divisions between inside and out. These views inspired a design journey of harmonizing vintage charm with modern appeal and a deep connection to the surrounding landscape.A wide open, custom Chef's kitchen, with an island both welcoming and practical, invites shared conversations, and the breaking of bread together. Wine drawers store select vintages. Elegant Walnut cabinets have storage for every need. Sleek appliances and limestone counters and sinks are sturdily beautiful. Light pools on the island from original handmade ceramic pendants. Across the driveway is every artist's dream, a huge studio with perfect light, walls of glass, polished cement floors, high ceilings, wraparound decks, and a huge powder room that could evolve into a full bath. Divided into 2 huge studios, it could become one huge studio. Down an exterior wood staircase, another light filled, high-ceilinged space is a perfect office, with adjoining storage rooms. The landscaping is reminiscent of central coast resorts; waterfalls tumble, paths meander, Hummingbirds and butterflies flit about, fruit trees nourish. A short drive away, the beach beckons. Nearby trails lead into the park. The Palisades village, with its charming farmer's market, exclusive shops, and foodie restaurants is nearby. But here, in your private world, you are away from it all.

Last Agent to Sell the Property

Adrian Wright

Compass License #00935559 Listed on: 11/13/2023

Compass

Co-Listed By

Wilke Itzin

Compass License #02119451

Last Buyer's Agent

Michael Vick

Coldwell Banker Realty License #00922261

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,185

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Fenced Yard
  • Gated Home
  • Wood Fence
  • Landscaped
  • Sprinklers on Timer
  • Wooded Lot
  • Lawn
  • Back and Front Yard
  • Property is zoned LARE15

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Driveway
  • Automatic Gate
  • RV Access or Parking

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Woods
  • Canyon
  • Mountain
  • Pool

Home Design

  • Split Level Home
  • Turnkey
  • Wood Siding

Interior Spaces

  • 5,071 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Double Pane Windows
  • Sliding Doors
  • Entryway
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Living Room with Attached Deck
  • Dining Area
  • Home Office
  • Art Studio
  • Workshop

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Studio bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Above Ground Spa

Outdoor Features

  • Balcony
  • Open Patio

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4416-022-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,185

Year Built

Built in 1981 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to Paseo, an Artist's California Modern Ocean View Aerie and Studio in the exclusive neighborhood of Paseo Miramar. There are places that nurture the creative spirit. A former residence of a Beach Boy, the home was reimagined in collaboration with Architect Bill Bernstein, Designer Megan Heacock White, and the Artists/Owners. The home was completely rebuilt, while retaining those Beach Boy good vibrations. The house was recreated as an open, airy, retreat with a Mid-Century feel. The setting is spectacular. The Cedar clad architectural masterpiece and bold 2 story artist's studio lead to welcoming decks, a serene pool, and extraordinary vistas of the lush canyon, mountains, and the sea. This home was created as a refuge, a sanctuary, an art piece in its own right. The Palisades village and the beach are nearby. But here, in your private world, you are away from it all.
  • Entry Location: Foyer
  • Living Area: 5071
  • Lot Acreage: 0.3414
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1981
  • Number Of Photos: 72
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Beamed Ceiling(s), Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Hot Tub, Living Room Deck Attached, Open Floor Plan, Storage Space, Turnkey, Two Story Ceilings
  • Fireplace Rooms: Master Bedroom, Living Room
  • Flooring: Hardwood, Ceramic Tile, Cement
  • Appliances: Built-In Gas
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 2
  • Bedroom Features: Dressing Area, Master Bedroom, Master Retreat, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Shower and Tub, Shower Stall, Travertine
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Island, Remodeled, Stone Counters
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Cable, Range/Oven, Refrigerator, Washer, Built-Ins, Gas Or Electric Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 1577.40
  • Windows: Double Pane Windows, Skylights

Exterior Features

  • Construction: Wood Siding
  • Other Features: Balcony, Custom Built, High Ceilings (9 Feet+), Slab, Sliding Glass Doors
  • Other Structures: GuestHouse, Accessory Bldgs
  • Fence: Wood
  • Patio: Balcony, Concrete Slab, Deck(s), Living Room Deck Attached, Patio Open, Wood
  • Pool Description: In Ground, Heated
  • Pool: Yes
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: Panoramic, Pool, Mountains, Ocean, Trees/Woods, Water, City, Coastline, Catalina, Canyon, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway, Auto Driveway Gate, Gated, Private, RV Access
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Fire Sprinklers, Gated, Smoke Detector
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 4416-022-041
  • Lot Description: Back Yard, Fenced Yard, Front Yard, Landscaped, Lawn, Wooded, Yard
  • Lot Location: Canyon, Park Nearby
  • Lot Size Area: 14871

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Jan 29, 2024
Sold by
Sara Townsend Bright Trust
Bought by
Kraus Peter and Kraus Lisa
Seller's Agent
Adrian Wright
Compass
Buyer's Agent
Michael Vick
Coldwell Banker Realty
List Price
$7,999,000
Sold Price
$8,150,000
Premium/Discount to List
$151,000
1.89%
Views
144
Current Estimated Value
$6,137,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,012,674
Avg. Annual Appreciation
-15.66%

Purchase Details

Listed on
Nov 23, 2012
Closed on
Aug 22, 2013
Sold by
Cameron Adam T and Cameron Alessandra
Bought by
Southworth Louis S and Turner Gary W
Seller's Agent
Deedee Howard
The Agency
Buyer's Agent
Veronica Klein
Compass
List Price
$3,700,000
Sold Price
$2,712,000
Premium/Discount to List
-$988,000
-26.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Jun 13, 2006
Sold by
Cameron Adam T and Cameron Alessandra
Bought by
Cameron Adam T and Cameron Alessandra

Purchase Details

Closed on
Jun 26, 2001
Sold by
Kelly Patrick M
Bought by
Cameron Adam and Cameron Alessandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,038,750
Interest Rate
7.21%

Purchase Details

Closed on
Aug 8, 1997
Sold by
Kelly Patrick M
Bought by
Kelly Patrick M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
7.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 13, 1996
Sold by
Temkin Belle
Bought by
Kelly Patrick M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3.12%

Purchase Details

Closed on
Jun 7, 1996
Sold by
Kelly Victoria Allen Zinkand
Bought by
Kelly Patrick M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3.12%

Purchase Details

Closed on
Mar 4, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Temkin Belle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
7.01%

Purchase Details

Closed on
Jun 20, 1995
Sold by
Love Michael E and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb

Purchase Details

Closed on
May 2, 1994
Sold by
Cherfan Sleiman
Bought by
Abssy Nabil A

Purchase Details

Closed on
Apr 13, 1994
Sold by
Love Michael E
Bought by
Cherfan Sleiman
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kraus Peter $8,150,000 Consumers Title Company
Southworth Louis S $2,712,027 Equity Title Company
Cameron Adam T -- None Available
Cameron Adam T -- None Available
Cameron Adam $1,385,000 Equity Title Company
Kelly Patrick M -- Continental Title
Kelly Patrick M $800,000 --
Kelly Patrick M -- --
Temkin Belle -- Investors Title
Home Svgs Of America Fsb $760,750 Investors Title
Abssy Nabil A -- --
Cherfan Sleiman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cameron Adam $1,038,750
Previous Owner Kelly Patrick M $200,000
Previous Owner Kelly Patrick M $650,000
Previous Owner Kelly Patrick M $129,850
Previous Owner Kelly Patrick M $640,000
Previous Owner Kelly Patrick M $640,000
Previous Owner Temkin Belle $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $8,150,000 +1.9% $1,607 / Sq Ft
12/16/2023 12/16/23 Pending -- -- --
11/13/2023 11/13/23 For Sale $7,999,000 +194.9% $1,577 / Sq Ft
09/05/2013 09/05/13 Sold $2,712,000 -9.4% $1,000 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
08/04/2013 08/04/13 Price Changed $2,995,000 -7.8% $1,104 / Sq Ft
05/16/2013 05/16/13 Price Changed $3,250,000 -7.0% $1,198 / Sq Ft
03/19/2013 03/19/13 Price Changed $3,495,000 -5.5% $1,289 / Sq Ft
11/23/2012 11/23/12 For Sale $3,700,000 -- $1,364 / 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 $44,185 $8,313,000 $6,630,000 $1,683,000
2024 $44,185 $3,643,312 $2,448,117 $1,195,195
2023 $43,321 $3,571,875 $2,400,115 $1,171,760
2022 $41,293 $3,501,839 $2,353,054 $1,148,785
2021 $40,800 $3,433,176 $2,306,916 $1,126,260
2019 $1,639 $3,099,146 $2,238,493 $860,653
2018 $36,696 $3,038,379 $2,194,601 $843,778
2016 $33,776 $2,808,368 $2,109,383 $698,985
2015 $33,277 $2,766,185 $2,077,699 $688,486
2014 $33,372 $2,712,000 $2,037,000 $675,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-331675

The MLS

APN: 4416-022-041