938 940 Palisades Beach Road, Santa Monica, California 90403, Santa Monica, 90403 - 11 bed, 15 bath

938 940 Palisades Beach Road, Santa Monica, California 90403 home-pic-0
ACTIVE$34,950,000
938 940 Palisades Beach Road, Santa Monica, California 90403
11Beds
15Baths
9,899Sqft
11,045Lot
Year Built
2025
Close
-
List price
$34.95M
Original List price
$38.5M
Price/Sqft
$3,531
HOA
-
Days on market
-
Sold On
-
MLS number
25595241
Home ConditionExcellent
Features
Excellent View: Coastline, Ocean, Panoramic
Deck
Pool
Spa
Patio
ViewCoastline, Ocean, Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $34.95M(93th), sqft - 9899(93th), beds - 11(93th), baths - 15(93th).

Rare Opportunity: Two Modern Beachfront Homes on the Gold Coast. A truly exceptional offering two brand-new, trophy modern beachfront residences, side by side, right on the sand of Santa Monica's prestigious "Gold Coast." Available together, this is the ultimate compound opportunity or a chance to own one of the most coveted stretches of coastline with flexibility for multi-generational living, investment, or private retreat. Each home is a modern masterpiece, showcasing bold architectural design and serene coastal elegance. Spanning three and four levels respectively, both properties have been meticulously crafted to define contemporary oceanfront living at its finest. Floor-to-ceiling glass walls frame sweeping Pacific views, seamlessly blending indoor and outdoor spaces. The first residence offers four en-suite bedrooms, including a stunning primary suite with its own private pool on the balcony overlooking the ocean. The main level is designed for entertaining, featuring a gourmet chef's kitchen with sculptural island, expansive living and dining areas, and a showcase wine cellar. The lower level houses a state-of-the-art theater, completing a perfect combination of luxury and functionality. An elevator provides seamless access to the three main floors. The second residence offers seven bedrooms, including six en-suite bedrooms and an additional bedroom and bath on the main level, providing flexibility for guests or staff. Two of the en-suite bedrooms are luxurious primary suites, an ideal arrangement for multi-generational living. The main level features a spectacular kitchen with a huge island and banquet seating, flowing into living and dining areas anchored by a beautiful fireplace, all opening to oceanfront decks. Generous en-suite bedrooms throughout ensure privacy and comfort for family and guests. Outdoors, each property offers a private resort-style retreat with pools, spas, cascading waterfalls, firepits, and multiple lounge areas, all with a private gate providing direct access to the sand and beach. With exquisite architectural details, high-end finishes, advanced smart-home technology, solar panels on the roofs, an elevator serving the main floors, showcase wine storage, and two separate two-car garages with mechanical car turntables, these residences set a new benchmark for luxury beachfront living. Opportunities to acquire two adjacent modern homes on this stretch of sand are virtually nonexistent and impossible to replicate.

Price History

Date
Event
Price
11/27/25
Price Change
$34,950,000-9.2%
09/25/25
Listing
$38,500,000
07/20/12
Sold
$3,720,037
Condition Rating
Excellent

This property was built in 2025, making it brand new. The MLS description explicitly states it consists of "two brand-new, trophy modern beachfront residences" with "meticulously crafted" design, "high-end finishes," and "advanced smart-home technology." The images showcase pristine, contemporary kitchens with sleek designs and high-quality bathrooms featuring modern fixtures and unique finishes like pebble tiling. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance, aligning perfectly with the 'excellent' criteria.
Pros & Cons

Pros

Irreplaceable Beachfront Compound: Two brand-new, adjacent modern residences directly on Santa Monica's prestigious 'Gold Coast' sand, offering an unparalleled and virtually impossible-to-replicate compound opportunity.
Cutting-Edge Modern Design & Construction: Meticulously crafted, trophy modern homes built in 2025, featuring bold architectural design, high-end finishes, and advanced smart-home technology throughout.
Panoramic Ocean Views & Seamless Indoor-Outdoor Flow: Floor-to-ceiling glass walls provide sweeping Pacific, coastline, and panoramic ocean views, creating a seamless integration of luxurious interior spaces with the stunning beachfront environment.
Abundant Luxury Amenities: Each residence boasts resort-style outdoor living with private pools, spas, waterfalls, firepits, gourmet chef's kitchens, wine cellars, a state-of-the-art theater, and private balcony pools.
Exceptional Versatility & Capacity: With a total of 11 bedrooms and 15 bathrooms across two distinct homes, the property is ideal for multi-generational living, investment, or a grand private retreat, offering significant flexibility.

Cons

Ultra-High Price Point: The $34.95 million list price, even after a reduction, targets an extremely narrow segment of ultra-high-net-worth buyers, potentially prolonging market time.
Niche Market Appeal: The specific offering of two adjacent, ultra-luxury beachfront homes, while unique, may appeal to a very particular buyer profile, potentially limiting broader interest among high-net-worth individuals who might prefer a single, larger estate.
Significant Ongoing Costs: As a brand-new, amenity-rich beachfront compound, prospective buyers should anticipate substantial ongoing expenses for property taxes, insurance, and the extensive maintenance required for multiple pools, smart home systems, and other luxury features.

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