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$19,995,000

Beds
5
Baths
7.0
sq ft
7,713

563 Spoleto Dr, Pacific Palisades, CA 90272

563 Spoleto Dr

Pacific Palisades, CA 90272

  • 9 days on market
    • Open house Feb 04
This stunning California Mediterranean residence, nestled in the sought-after street of the Pacific Palisades' Riviera neighborhood, presents a rare opportunity to own one of the Westside's most exquisite properties. Crafted by acclaimed architect Thomas Proctor, this timeless home boasts meticulous attention to detail in its finishes, windows, arches, wrought iron gates, fireplaces, and more, appealing to the most discerning of buyers. Embracing the allure of Mediterranean-style architecture bathed in sunlight, it seamlessly blends Californian sensibilities with balconies, patios, porticos, and a captivating loggia that offers sweeping panoramic vistas across the canyon to the mountains. The outdoor living area, featuring a limestone fireplace and heated floors, becomes a haven for enjoying breathtaking sunsets. A splendid vaulted gallery leads to a grand living room on one side and an elegant dining room on the other. A walnut-paneled circular office/library stands as a private retreat, connected to the entry courtyard. At the heart of the home lies a den/family room with a limestone fireplace, complemented by arched doors opening to the loggia, yard, or kitchen. The breakfast area, adorned with a raised fireplace, and a spacious kitchen, equipped with a central island, cater to culinary needs with grace. Upstairs, the primary suite, accompanied by two walk-in closets and a spa-like bath, shares in the serene, breathtaking views. Additionally, three generously sized ensuite bedrooms and a gym occupy the upper level, while an extra bedroom resides downstairs. The residence boasts four zones of HVAC, a three-car garage, an outdoor shower, and a wine cellar, ensuring both luxury and practicality.

Details

Property type

Single Family Residence

Est. home value

$11,537,277

Lot size

0.4822 acres

Price per sq ft

$2,593

Year built

2004

Monthly HOA fee

$25

Price History

01/24/2025
CLAW

CLAW #25489167

Listed
$19,995,000
+9.26%
05/03/2024
CLAW

CLAW #24345761

Sold
$18,300,000
-8.48%
04/30/2024
CLAW

CLAW #24345761

Pending
$19,995,000

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

First Republic Bank

Loan start date

May 2021

Original loan amount

$2,316,000

Est. remaining balance

Not provided

Interest rate

2.79%

Loan type

Credit Line (Revolving), 25 year

Seller

Jan Vlietstra and Barbara Vlietstra 2020 Irrevocable Trust

Lender

First Republic Bank

Loan start date

April 2021

Original loan amount

$5,784,000

Est. remaining balance

Not provided

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Jan Vlietstra and Nicholas Vlietstra 2020 Irrevocable Tr

Lender

Bank Of America Na

Loan start date

February 2003

Original loan amount

$1,180,000

Est. remaining balance

$0

Interest rate

5.24%

Loan type

Not Provided, 15 year

Seller

Klaas F Vlietstra and Dorothy R Vlietstra

Lender

Bank Of America

Loan start date

July 1999

Original loan amount

$1,340,000

Est. remaining balance

Not provided

Interest rate

7.5%

Loan type

Not Provided, 30 year

Seller

Klaas F Vlietstra and Dorothy B Vlietstra

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?

Status: Active

Tomo last checked: 02/02/2025 at 2:05 AM

Listing updated: 02/01/2025 at 12:40 PM

Listed by: Cynthia Ambuehl, Christie's International Real Estate SoCal Phone #: (424) 249-7162

MLS: CLAW #25489167

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