tomo logo

$5,795,000

Beds
4
Baths
3.25
sq ft
3,325

407 Upper Mesa Rd, Santa Monica, CA 90402

407 Upper Mesa Rd

Santa Monica, CA 90402

  • 95 days on market
    • Price drop $100,000↓
Architectural masterpiece with sweeping panoramic views of the pacific ocean from four levels, each with its own ambience, all with ocean breeze. This exceptional work of art allows for warmth and seamless harmony with the idyllic canyon setting. The main level features formal dining room, kitchen with brand new stainless appliances, adjacent breakfast room surrounded by glass, living room with large balcony, and a sitting room to relax with a book or music. Each room features truly spectacular views from the ocean to the mountains. A beautiful dual-sided entryway, laundry, and powder room complete the common living space. Downstairs, three bedrooms and two baths provide a separate sleeping level with balcony and access to garden below. Additional walk-in safe or wine cellar and alcove for an office complete the lower sleeping quarters. Upstairs, the primary bedroom and bath with full room shower offer a private escape from the hustle and bustle of the city. Another large balcony provides separate ocean viewing over a morning coffee or evening drink. The rooftop level spans over 900 square feet island is a breathtaking highlight of the property. Whether it be el fresco dining at home, an intimate gathering with friends, or a larger party or event below the sunset, the space is an entertainers paradise and the 360 degree views are a sight to behold. Additional features include direct access 2 car garage, private access to one of Santa Monica's most secret and exclusive stairways, and craftsmanship and attention to detail throughout. Perched overlooking the canyon at the base of Amalfi Drive, providing the best of Santa Monica and the Pacific Palisades. Walking distance to the beach and shops and a short drive to the Palisades Village. This is truly a timeless jewel and an architectural triumph, in the heart of one of the most historically rich sections of Los Angeles.

Details

Property type

Single Family Residence

Est. home value

$7,242,489

Property condition

Updated/Remodeled

Lot size

5,011 sq ft

Price per sq ft

$1,743

Year built

1983

HOA

No

Price History

06/27/2024
CLAW

CLAW #24373457

Price change
$5,795,000
-1.7%
06/04/2024
CLAW

CLAW #24373457

Price change
$5,895,000
-11.95%
03/28/2024
CLAW

CLAW #23319463

Removed
$6,695,000
+11.68%

Schools & Community

Neighborhood: 

Pacific Palisades

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

City National Bank

Loan start date

August 2022

Original loan amount

$4,000,000

Est. remaining balance

Not provided

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Richard A Raffetto and Ariane Raffetto

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/01/2024 at 11:20 AM

Listing updated: 06/27/2024 at 3:13 PM

Listed by: Simon Beardmore, Sotheby's International Realty Phone #: (310) 481-6262

MLS: CLAW #24373457

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