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For sale
  • $19,500,000

    940 Palisades Beach Rd, Santa Monica, CA 90403

    4beds
    5,030sqft
    : 
    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
    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.
    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#: 25595197MLS Logo

    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
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $18,106,500

    $17.20M - $19.01M

    $5,702/mo

    Price history

    Price history
    DateEventPrice
    9/25/2025Listed for sale$19,500,000-13.3%$3,877/sqft
    Source: CLAW #25595197 Report a problem
    8/27/2025Listing removed$22,495,000$4,472/sqft
    Source: CLAW #25548707 Report a problem
    8/18/2025Price change$22,495,000-2.2%$4,472/sqft
    Source: CLAW #25548707 Report a problem
    6/6/2025Listed for sale$22,995,000+666.5%$4,572/sqft
    Source: CLAW #25548707 Report a problem
    9/16/2016Listing removed$3,000,000$596/sqft
    Source: Bradley Simmons Realty #16162624_CLAW Report a problem
    9/15/2016Listed for sale$3,000,000-16.7%$596/sqft
    Source: Bradley Simmons Realty #16162624 Report a problem
    10/19/2012Listing removed$3,600,000$716/sqft
    Source: Hochstein, Nikki #11554305 Report a problem
    9/7/2012Listed for sale$3,600,000+9.8%$716/sqft
    Source: Hochstein, Nikki #11554305 Report a problem
    7/20/2012Sold$3,280,032$652/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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

      Getting around

      59 / 100
      Somewhat Walkable
      65 / 100
      Good Transit
      56 / 100
      Bikeable

      Nearby schools

      GreatSchools rating

      Local experts in 90403

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