938-940 Palisades Beach Rd

Santa Monica, CA 90403

$34,950,000
Price
11
Beds
9,899 Sq. Ft.
$3,531 / Sq. Ft.
9,899
Sq. Ft.
$3,531
per Sq. Ft.
Listed By CompassOpen: 12/9 11:00AM - 02:00PM
Listed By CompassOpen: 12/9 11:00AM - 02:00PM

Description

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...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.

Property Details for 938-940 Palisades Beach Road

Zoning
SMR2B*
Style
Modern
Property Attached YN
false
Parcel Number
4292031011
Living Area
9899
Source Living Area
Plans
Area
Santa Monica (C14)
Lot Size Area
11045

Open Houses

Tuesday, Dec 9th

11:00 AM - 2:00 PM

Public

LISTING UPDATED: 12/03/2025 02:41 PM

Property Details for 938-940 Palisades Beach Road

StatusActive
MLS #25595241
Days on Market70
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2025
Lot Size0.25 AC / 11,045 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Nikki Hochstein, DRE #01338003; Coldwell Banker Realty, Stephan Sean Illouz, DRE #01968942
Add your commute

Virtual Tour

Building Information for 938-940 Palisades Beach Road

Stories4Year Built2025Building Size-Lot Size0.25 AC / 11,045 SF

Payment Calculator

$172,700 per month

30 year fixed, 6.28% Interest

Principal and Interest

$172,700

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 938-940 Palisades Beach Road

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Seller
  • Number Of Stories: 4
  • View: Yes
  • View Description: Coastline, Panoramic, Ocean
  • View: Coastline, Panoramic, Ocean
Contract Info
Contract Info
  • Disclosures: Coastal Commission Restrictions, Coastal Zone, Property Report
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1264
  • Lot Size Square Feet: 11045
Parking Details
Parking Details
  • Parking Garage: Door Opener, Direct Entrance, Driveway, Built-In Storage, Garage Is Attached, Attached, Electric Vehicle Charging Station(s), Garage
  • Total Parking: 8
  • Parking Features: Garage Door Opener, Direct Garage Access, Driveway, Built-In Storage, Garage
  • Attached Garage: Yes
Interior Features
Interior Features
  • Room Type: Entry, Great Room, Media Room, Walk-In Closet, Walk-In Pantry, Wine Cellar, Living Room
  • Rooms: Bar, Breakfast Bar, Dining Area, Entry, Great Room, Patio Covered, Media Room, Powder, Two Primaries, Walk-In Closet, Walk-In Pantry, Wine Cellar, Living Room, Den/Office
  • Levels: Three Or More
  • Fireplace: Yes
  • Fireplaces: 1
  • Fireplace Features: Fire Pit, Family Room, Gas
  • Fireplace Rooms: Fire Pit, Family Room, Gas, Exterior
  • Den: Yes
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: Central, Multi/Zone, Wall/Window
  • Cooling Type: Central, Multi/Zone, Wall/Window
  • Heating: Central
  • Heating Type: Central
  • Flooring: Wood, Tile, Stone, Porcelain
  • Equipment: Alarm System, Bar Ice Maker, Built-Ins, Barbeque, Dishwasher, Dryer, Elevator, Garbage Disposal, Freezer, Hood Fan, Ice Maker, Intercom, Microwave, Washer, Water Purifier, Range/Oven, Refrigerator, Solar Panels
  • Room Bathroom Features: Vanity area, Linen Closet/Storage
  • Bathroom Features: Double Shower, Double Vanity(s), Linen Closet, Steam Shower
  • Common Walls: Detached/No Common Walls
  • Laundry: Laundry Area, Inside, Room
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Virtual Tour Url: https://www.themls.com/properties/vt/CA/Santa-Monica/938-Palisades-Beach-Rd/SFR/25595241
Exterior Features
Exterior Features
  • Pool: Yes
  • Pool Description: Heated, Waterfall, In Ground, Pool Cover
  • Pool Features: Heated, Waterfall, In Ground, Pool Cover
  • Spa: Yes
  • Spa: Heated, In Ground
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-25-2025

Property History for 938-940 Palisades Beach Road

DateEvent & SourcePriceAppreciation
Nov 26, 2025

Price Change

CRMLS #25595241

$34,950,000—
Nov 26, 2025

Price Change

CLAW #25595241

$34,950,000—
Sep 25, 2025

Listed (Active)

CLAW #25595241

$38,500,000—
Sep 25, 2025

Listed (Active)

CRMLS #25595241

$38,500,000—
DateEvent & SourcePrice
11/26/2025

Price Change

CRMLS #25595241

$34,950,000
11/26/2025

Price Change

CLAW #25595241

$34,950,000
09/25/2025

Listed (Active)

CLAW #25595241

$38,500,000
09/25/2025

Listed (Active)

CRMLS #25595241

$38,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 938-940 Palisades Beach Road

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Roosevelt Elementary School
Public - K to 5
Lincoln Middle School
Public - 6 to 8
Santa Monica High School
Public - 9 to 12
Santa Monica Alternative (K-8) School
Public - K to 8
Rating
School
Distance
Roosevelt Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Santa Monica Alternative (K-8) School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 938-940 Palisades Beach Road, Santa Monica, CA 90403

938-940 Palisades Beach Road is a single family home for sale in Santa Monica, CA 90403. This property was listed for sale on September 25, 2025 by Compass, it's currently listed at $34,950,000. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include Roosevelt Elementary School, Lincoln Middle School and Santa Monica High School. 938-940 Palisades Beach Road is a 11-bed, 15-bath, 9,899 sqft single family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Nikki Hochstein, DRE #01338003; Coldwell Banker Realty, Stephan Sean Illouz, DRE #01968942

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.