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1101 Monument St, Pacific Palisades, CA 90272

Sale Price: $6,250,000
Aug 22, 20244,200 sqft5 beds6 baths
Listed by: Jacqueline Chernov
License #: 01361435
Phone #: 310-403-7557
Compass
Source:
CRMLS Logo
MLS #: 24431137

Property Description

Nestled on a sun-drenched corner right across from the Palisades Village, this new construction residence is a true masterpiece of design and craftsmanship that one comes to expect from Shelter Homes. The property boasts mature landscaping that ensures privacy while being centrally located in one of the most desirable neighborhoods.The main level features a versatile downstairs office/bedroom, beautifully appointed with elegant wood detailing and an en suite bath, offering flexibility for guests or a serene workspace. The living area is anchored by a chic marble fireplace, providing a warm and inviting ambiance, while a powder room adorned with Venetian plaster adds a touch of opulence. Throughout the home, organic custom touches harmonize modern luxury with natural elements. Step outside to the sunny backyard, a private paradise shaded by mature trees and featuring a sparkling pool and spa with an automatic cover. Entertain in style with a fully equipped barbecue station, perfect for alfresco dining and gatherings. The striking kitchen is a chef's dream, clad in luxurious Taj Mahal stone and outfitted with Wolf and Sub-Zero appliances. A seamlessly integrated breakfast nook provides a cozy spot for morning coffee, while a cleverly concealed bonus storage/pantry area, complete with an additional fridge and bar, is tucked away in a hidden kitchen compartment. The upper level of the home features 4 bedrooms, the primary with Roman clay-clad walls and a large textured tile shower with a custom marble bench creates a spa-like retreat, complemented by a gorgeous marble double sink and matching vanity beneath a wood-paneled pitched roof. The suite also includes double walk-in closets, offering ample storage. Three additional bedrooms, each with en suite bathrooms, wood-paneled pitched roofs, and walk-in closets, ensure comfort and style for family or guests. An upstairs laundry room, featuring tile floors and wood cabinets, adds convenience to the thoughtful design. This exceptional home is a rare opportunity to own a piece of new Palisades luxury seconds away from Saint Laurent, Erewhon, Angelini, Porta Via and many more.
Assignment
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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

$86,121

TurboHome Estimated Value

$5,869,700

$1,398 sqft

High Valuation
$6,163,185
$1467/sqft
Normal Valuation
$5,869,700
$1398/sqft
Low Valuation
$5,576,215
$1328/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1398/sqft$5,869,700

Neighborhood: Pacific Palisades

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Comparative Value

$4.42M

$4.68M

$5.07M

$6.00M

$6.25M

$6.40M

735 Lachman Ln, Pacific Palisades, CA 90272

Sale Price: $4,416,000

Selected Comparable

742 Via De La Paz, Pacific Palisades, CA 90272

Sale Price: $4,680,000

Selected Comparable

1116 Cumbre Alta Ct, Pacific Palisades, CA 90272

Sale Price: $5,072,500

Selected Comparable

1101 Monument St, Pacific Palisades, CA 90272

List Price: $5,998,000

Subject Property

1101 Monument St, Pacific Palisades, CA 90272

Sale Price: $6,250,000

Selected Comparable

312 E Rustic Rd, Santa Monica, CA 90402

Sale Price: $6,400,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1101 Monument St, Pacific Palisades, CA 90272

1101 Monument St, Pacific Palisades, CA 90272

List: $5,998,000

Listed: 8/22/2024

Area:4,200 sqft
Price/sqft:$1,428
Beds:5
Baths:6
Year Built:
Lot Size:6,053

Comparable Properties

COMPARABLE
Choose comps
1101 Monument St, Pacific Palisades, CA 90272

1101 Monument St, Pacific Palisades, CA 90272

Sale: $6,250,000

9/30/20240.00 mi

Area:4,200 sqft
Price/sqft:$1,488
Beds:5
Baths:6
Year Built:
Weight:26.8%
735 Lachman Ln, Pacific Palisades, CA 90272

735 Lachman Ln, Pacific Palisades, CA 90272

Sale: $4,416,000

10/29/20241.21 mi

Area:4,082 sqft
Price/sqft:$1,082
Beds:5
Baths:5
Year Built:
Weight:20.5%
1116 Cumbre Alta Ct, Pacific Palisades, CA 90272

1116 Cumbre Alta Ct, Pacific Palisades, CA 90272

Sale: $5,072,500

12/5/20242.15 mi

Area:5,421 sqft
Price/sqft:$936
Beds:5
Baths:6
Year Built:
Weight:18.2%
312 E Rustic Rd, Santa Monica, CA 90402

312 E Rustic Rd, Santa Monica, CA 90402

Sale: $6,400,000

1/23/20251.35 mi

Area:3,400 sqft
Price/sqft:$1,882
Beds:5
Baths:5
Year Built:
Weight:17.9%
742 Via De La Paz, Pacific Palisades, CA 90272

742 Via De La Paz, Pacific Palisades, CA 90272

Sale: $4,680,000

9/27/20240.38 mi

Area:4,535 sqft
Price/sqft:$1,032
Beds:6
Baths:7
Year Built:
Weight:16.6%

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