A rare beachfront trophy estate, this modern new-construction masterpiece defines contemporary coastal living at its finest. Spanning four levels with 4 bedrooms and 5.5 baths, the residence blends scale, sophistication, and effortless functionality for both refined entertaining and everyday living. Floor-to-ceiling glass frames sweeping Pacific Ocean vistas, allowing the landscape to flow seamlessly into the interior. The main level designed for effortless indoor-outdoor living makes a dramatic impression with a spacious living and great room, all opening directly to an expansive oceanfront deck. A showpiece chef's kitchen featuring a sculptural island and custom built-in banquet seating flows seamlessly into the entertaining areas, designed to capture panoramic ocean views and natural light. Outdoors, the private retreat includes a pool and spa with cascading waterfalls, firepit, multiple lounge areas, and a fully equipped outdoor kitchen. The second-floor primary suite is a sanctuary of light, privacy, and luxury, opening to its own terrace with a private pool overlooking the Pacific. The suite also includes an impressive spa-inspired bath and dual dressing rooms, while an additional en-suite bedroom and lounge area complete the floor. Two more en-suite bedrooms occupy the third level, and the lower level offers a state-of-the-art theater. Meticulously curated with exquisite architectural details, striking staircases, high-end finishes, state-of-the-art smart-home technology, solar panels on the roof, an elevator, a showcase wine cellar, and a two-car garage with an innovative mechanical car turntable, this residence is unmatched in its design and execution. Offered individually or together with its sister property at 938 Palisades Beach Rd for $34,950,000, this estate represents a rare opportunity to own an extraordinary beachfront residence along Santa Monica's coveted Gold Coast.
For sale
$19,500,000
940 Palisades Beach Rd, Santa Monica, CA 90403
4beds
5,030sqft
Est.:
Residential, Single Family Residence
Built in 2025
5,536.48 Square Feet Lot
$18,106,500 Zestimate®
$3,877/sqft
$-- HOA
What's special
Panoramic ocean viewsSweeping pacific ocean vistasStriking staircasesShowcase wine cellarSculptural islandImpressive spa-inspired bathExquisite architectural details
- 155 days |
- 2,280 |
- 78 |
Zillow last checked: 8 hours ago
Listing updated: January 28, 2026 at 08:21am
Listed by:
Stephan Sean Illouz DRE # 01968942 424-279-2477,
Coldwell Banker Realty 310-777-6200,
Nikki Hochstein DRE # 01338003 310-968-1116,
Compass
Source: CLAW,MLS#: 25595197
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Rooms
- Room types: Bar, Breakfast Bar, Dining Area, Living Room, Home Theatre, Patio Covered, Walk-In Pantry, Walk-In Closet, Wine Cellar, Powder
Heating
- Central
Cooling
- Central Air, Zoned, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Disposal, Microwave, Range/Oven, Refrigerator, Bar Ice Maker, Washer, Water Purifier, Barbeque, Freezer, Ice Maker
- Laundry: Laundry Closet, Inside, Upper Level
Features
- Elevator
- Flooring: Wood, Stone, Tile, Porcelain
- Has fireplace: Yes
- Fireplace features: Fire Pit, Gas, Outside
Interior area
- Total structure area: 5,030
- Total interior livable area: 5,030 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Storage, Garage - 2 Car, Direct Access, Garage Door Opener, Garage Is Attached, Driveway
- Has attached garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 4
- Pool features: In Ground, Heated, Pool Cover
- Spa features: In Ground, Heated
- Has view: Yes
- View description: Ocean, Coastline
- Has water view: Yes
- Water view: Ocean,Coastline
Lot
- Size: 5,536.48 Square Feet
Details
- Additional structures: None
- Parcel number: 4292031010
- Zoning: SMR2B*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Modern
- Property subtype: Residential, Single Family Residence
Condition
- Year built: 2025
Utilities & green energy
Green energy
- Energy generation: Solar
Community & HOA
Community
- Security: Gated, Alarm System
HOA
- Has HOA: No
Location
- Region: Santa Monica
Financial & listing details
- Price per square foot: $3,877/sqft
- Tax assessed value: $4,039,074
- Annual tax amount: $49,523
- Date on market: 9/25/2025
Estimated market value
$18,106,500
$17.20M - $19.01M
$5,702/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2025 | Listed for sale | $19,500,000-13.3%$3,877/sqft |
Source: | ||
| 8/27/2025 | Listing removed | $22,495,000$4,472/sqft |
Source: | ||
| 8/18/2025 | Price change | $22,495,000-2.2%$4,472/sqft |
Source: | ||
| 6/6/2025 | Listed for sale | $22,995,000+666.5%$4,572/sqft |
Source: | ||
| 9/16/2016 | Listing removed | $3,000,000$596/sqft |
Source: Bradley Simmons Realty #16162624_CLAW Report a problem | ||
| 9/15/2016 | Listed for sale | $3,000,000-16.7%$596/sqft |
Source: Bradley Simmons Realty #16162624 Report a problem | ||
| 10/19/2012 | Listing removed | $3,600,000$716/sqft |
Source: Hochstein, Nikki #11554305 Report a problem | ||
| 9/7/2012 | Listed for sale | $3,600,000+9.8%$716/sqft |
Source: Hochstein, Nikki #11554305 Report a problem | ||
| 7/20/2012 | Sold | $3,280,032$652/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $49,523 +6.6% | $4,039,074 +2% |
| 2024 | $46,472 +1.6% | $3,959,878 +2% |
| 2023 | $45,729 +1.2% | $3,882,234 +2% |
| 2022 | $45,183 +2.4% | $3,806,112 +2% |
| 2021 | $44,119 +0.7% | $3,731,484 +1% |
| 2020 | $43,823 | $3,693,223 +2% |
| 2019 | $43,823 +7.4% | $3,620,808 +2% |
| 2018 | $40,801 | $3,549,813 +2% |
| 2017 | $40,801 +0.4% | $3,480,210 +2% |
| 2016 | $40,642 +3.2% | $3,411,972 +1.5% |
| 2015 | $39,374 +2.9% | $3,360,722 +2% |
| 2014 | $38,281 | $3,294,891 +1895.8% |
| 2012 | -- | $165,092 +2% |
| 2011 | -- | $161,856 +0.8% |
| 2010 | -- | $160,647 -0.2% |
| 2009 | -- | $161,030 +2% |
| 2008 | -- | $157,874 +2% |
| 2007 | -- | $154,780 +2% |
| 2006 | -- | $151,746 |
| 2005 | -- | $151,746 +4% |
| 2004 | -- | $145,854 +1.9% |
| 2003 | -- | $143,181 +2% |
| 2002 | -- | $140,374 +4% |
| 2000 | -- | $134,926 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$113,740/mo
Principal & interest
$94565
Property taxes
$19175
Climate risks
Neighborhood: Santa Monica Pier Area/Ocean Avenue
Nearby schools
GreatSchools rating
- 8/10Roosevelt Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Lincoln Middle SchoolGrades: 6-8Distance: 1.2 mi
- 9/10Santa Monica High SchoolGrades: 9-12Distance: 1.3 mi




