576 E Channel Road, Santa Monica, California 90402, Santa Monica, 90402 - 6 bed, 5 bath

576 E Channel Road, Santa Monica, California 90402 home-pic-0
ACTIVE$8,995,000
576 E Channel Road, Santa Monica, California 90402
6Beds
5Baths
5,166Sqft
9,638Lot
Year Built
1962
Close
-
List price
$8.99M
Original List price
$9.99M
Price/Sqft
$1,741
HOA
-
Days on market
-
Sold On
-
MLS number
25498656
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 18% below the list price. We found 3 Cons,5 Pros. Rank: price - $8.99M(84th), sqft - 5166(92th), beds - 6(90th), baths - 5(68th).

Set beyond a grove of lush, mature trees and under the canopy of a giant old growth Sycamore tree, this turn-key walled, gated and brand new remodeled two story warm, sun-filled Contemporary sits on a quiet cul-de-sac street in the most quiet and scenic corner of highly desirable Santa Monica Canyon. Clean lines, open floor plan, airy spaces all flooded in natural light, newly refinished hardwood floors, walls of glass, soaring ceilings throughout & ideal indoor/outdoor lifestyle. Large entry with architectural staircase and double-height ceiling leads to living room with soaring ceilings, formal dining room, office/den and eat-in cook's kitchen with adjacent family room that opens to private yard, entertaining patios, firepit, built-in bbq, pool and spa. Six bedrooms and five baths, including a fabulous primary suite with generous sitting room/den & separate bedroom (each with French doors that open to terraces) with a fireplace, spacious bath and two walk-in closets. Other features include sliding and French doors throughout, two staircases and direct access two-car garage. Situated on an extra wide lot within close proximity to the beach, this pristine, move in condition, quintessential Santa Monica Canyon home, offers rare privacy, quiet and seclusion with true neighborhood feel and great sense of community.

Price History

Date
Event
Price
12/08/00
Sold
$2,250,000
Condition Rating
Excellent

Despite being built in 1962, this property has undergone a 'brand new remodel' as explicitly stated in the description, making it effectively a newly renovated home. The images confirm a pristine, turn-key condition with modern, high-end finishes throughout. The kitchen features sleek cabinetry, top-of-the-line stainless steel appliances, and contemporary lighting. Bathrooms are equally impressive with modern fixtures, freestanding tubs, glass-enclosed showers, and stylish tiling. Newly refinished hardwood floors are present throughout, and all visible components appear new or virtually new, meeting current quality standards with no deferred maintenance. The extensive renovation brings the property's condition to an excellent standard, aligning with the criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Exceptional Location & Privacy: Situated in a highly desirable, quiet cul-de-sac in Santa Monica Canyon, offering rare privacy and seclusion amidst mature trees, with close proximity to the beach.
Turn-Key Modern Renovation: Recently underwent a 'brand new remodel,' presenting as a pristine, move-in ready contemporary home with clean lines, open floor plan, newly refinished hardwood floors, and soaring ceilings.
Seamless Indoor/Outdoor Living: Designed for an ideal indoor/outdoor lifestyle, featuring walls of glass, French doors, a private yard with entertaining patios, a firepit, built-in BBQ, pool, and spa.
Spacious & Luxurious Accommodations: Boasts 6 bedrooms and 5 baths, including a fabulous primary suite with a generous sitting room/den, fireplace, spacious bath, and two walk-in closets, providing ample living space.
Architectural & Design Features: Showcases significant architectural elements such as a large entry with an architectural staircase, double-height ceilings, walls of glass, and abundant natural light throughout.

Cons

Potential Overpricing: The current listing price of $8.995M is significantly above the estimated property value of $7.355M, suggesting a potential overvaluation compared to market analytics and recent comparable sales.
Age of Original Construction: Built in 1962, despite extensive remodeling, the underlying structure is over 60 years old, which may raise concerns about the condition of original systems (e.g., plumbing, electrical) not explicitly detailed as upgraded.
Absence of Panoramic Views: The property details indicate 'view: None,' meaning it lacks the highly sought-after panoramic ocean, coastline, or city views that often command a premium in the Santa Monica luxury market.

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