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587 E Channel Rd, Santa Monica, CA 90402

Sale Price: $7,350,000
Dec 5, 20243,059 sqft3 beds3 baths
Listed by: Gerard Bisignano
License #: 01116110
Phone #: 310-541-8271
Vista Sotheby’s International Realty
Source:
CRMLS Logo
MLS #: SB24244114

Property Description

Remarkable and coveted Santa Monica Canyon location. 30,000 square foot lot in one of the best locations in Santa Monica. There is a unique opportunity to build your dream home or work with the existing structures. There is a home and several ancillary structures and a pool creating a unique compound. Main house has 2 bedrooms, 3 baths, a large living room, dining area and family room. There is a separate rec room, separate studio apartment and separate storage room. There is also a bathroom and changing room off the pool. Driveway on the SW side to access the large 2 car garage. Trust will be reviewing offers Monday December 16th. Home is a trust sale with no court confirmation necessary. Buyer and buyer's agent to verify all information. Please note the showing instructions.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$163,110

TurboHome Estimated Value

$7,662,000

$2,505 sqft

High Valuation
$8,045,100
$2630/sqft
Normal Valuation
$7,662,000
$2505/sqft
Low Valuation
$7,278,900
$2380/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2505/sqft$7,662,000

Neighborhood: Pacific Palisades

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Comparative Value

$4.45M

$4.70M

$4.87M

$7.20M

$7.72M

587 E Channel Rd, Santa Monica, CA 90402

List Price: $4,450,000

Subject Property

486 E Channel Rd, Santa Monica, CA 90402

Sale Price: $4,695,000

Selected Comparable

279 Amalfi Dr, Santa Monica, CA 90402

Sale Price: $4,870,000

Selected Comparable

625 Kingman Ave, Santa Monica, CA 90402

Sale Price: $7,195,000

Selected Comparable

587 E Channel Rd, Santa Monica, CA 90402

Sale Price: $7,350,000

Selected Comparable

603 Hightree Rd, Santa Monica, CA 90402

Sale Price: $7,723,427

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
587 E Channel Rd, Santa Monica, CA 90402

587 E Channel Rd, Santa Monica, CA 90402

List: $4,450,000

Listed: 12/5/2024

Area:3,059 sqft
Price/sqft:$1,455
Beds:3
Baths:3
Year Built:
Lot Size:30,098

Comparable Properties

COMPARABLE
Choose comps
587 E Channel Rd, Santa Monica, CA 90402

587 E Channel Rd, Santa Monica, CA 90402

Sale: $7,350,000

1/2/20250.00 mi

Area:3,059 sqft
Price/sqft:$2,403
Beds:3
Baths:3
Year Built:
Weight:25.8%
279 Amalfi Dr, Santa Monica, CA 90402

279 Amalfi Dr, Santa Monica, CA 90402

Sale: $4,870,000

6/10/20250.38 mi

Area:2,613 sqft
Price/sqft:$1,864
Beds:3
Baths:4
Year Built:
Weight:20.7%
603 Hightree Rd, Santa Monica, CA 90402

603 Hightree Rd, Santa Monica, CA 90402

Sale: $7,723,427

7/8/20250.33 mi

Area:2,913 sqft
Price/sqft:$2,651
Beds:4
Baths:4
Year Built:
Weight:19.0%
486 E Channel Rd, Santa Monica, CA 90402

486 E Channel Rd, Santa Monica, CA 90402

Sale: $4,695,000

6/4/20250.20 mi

Area:2,700 sqft
Price/sqft:$1,739
Beds:4
Baths:4
Year Built:
Weight:17.5%
625 Kingman Ave, Santa Monica, CA 90402

625 Kingman Ave, Santa Monica, CA 90402

Sale: $7,195,000

2/21/20250.17 mi

Area:2,794 sqft
Price/sqft:$2,575
Beds:4
Baths:4
Year Built:
Weight:16.9%

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