1550 Michael Lane

Pacific Palisades, CA 90272

$1,830,000
Last Sold Price
3
Beds
3
Baths
1
1/2 Bath
2,467 Sq. Ft.
$742 / Sq. Ft.
2,467
Sq. Ft.
$742
per Sq. Ft.

Description

This is the Palisades opportunity you've been waiting for! With nearly 2,500 square feet of living space spread across three levels, this highly desirable corner-unit floorplan is one of the largest in the community and has unique custom upgrades you won't find in other units. Be greeted by the private entrance to find a foyer that takes you to a custom-designed wet bar, sitting room, office, and bedroom with an ensuite bathroom. You may next travel to the mid-level, where a fully renovated kitchen...This is the Palisades opportunity you've been waiting for! With nearly 2,500 square feet of living space spread across three levels, this highly desirable corner-unit floorplan is one of the largest in the community and has unique custom upgrades you won't find in other units. Be greeted by the private entrance to find a foyer that takes you to a custom-designed wet bar, sitting room, office, and bedroom with an ensuite bathroom. You may next travel to the mid-level, where a fully renovated kitchen meets you, featuring a double oven gas range, quartz countertops, and a newly built walk-in pantry. Also, on this mid-level, you have the attached two-car garage, which takes you directly into the kitchen, formal dining space, and living room, all this set amongst an open plan, high ceilings, a re-designed fireplace, and views of the gorgeous Santa Monica Mountains. On the 3rd floor, you'll find the primary suite and 3rd bedroom, which both feature their own ensuite baths. The oversized primary bedroom serves as your personal retreat with its private balconies, a serene view of the emerald green hillside, soaring high ceilings, modern fireplace, giant walk-in closet, a unique second closet, and a luxurious spa bathroom. This highly sought-after community offers a range of amenities, including a fully renovated pool, sauna, fitness room (renovations almost complete!) , tons of guest parking, and access to the community dog park. To top it all off, this home offers you entry to popular public schools and easy access to the area's pristine beaches and glorious canyon trails.
  1. Listed by Christine Regan • DRE #02079130 • Brokerage DRE #01811831 • Equity Union • 323-333-6405
  2. Listed by Meghan Nyback • DRE #01908533 • Brokerage DRE #01811831 • Equity Union

Property Details for 1550 Michael Lane

View
Canyon, Mountain(s)
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Forced Air
Total Units
110.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2467
LISTING UPDATED: 06/26/2024 04:04 AM

Property Details for 1550 Michael Lane

StatusClosed
MLS #SR24082669
Days on Market13
Taxes-
HOA Fees$655 / month
Condo/Co-op Fees$90 / quarter
Compass TypeTownhouse
MLS TypeResidential / Townhouse
Year Built1979
CountyLos Angeles County

Building

1550 Michael Ln

3 StoriesBuilt in 1979

Virtual Tour

Building Information for 1550 Michael Lane

Building/Complex1550 Michael LnFloor-Stories3Residences-Pet Policy-Year Built1979

Property Information for 1550 Michael Lane

Rental Info
Rental Info
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Financing: Conventional
Tax / Assessment Info
  • Tax Tract Number: 31074
  • Tax Census Tract: 2626.01
  • CFD/Mello-Roos Fee: $348
  • Tax Lot: 1
Community / Development
Community / Development
  • Association Amenities: Pool, Spa/Hot Tub, Playground, Dog Park, Gym/Ex Room, Earthquake Insurance
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Dog Park, Foothills, Hiking, Sidewalks, Street Lights, Suburban
  • Number Of Units In Community: 110
  • Complex Name: Michael Lane Villas HOA
  • Association Name: Michael Lane Villas HOA
  • Association Phone: 8189076622
Property / Structure Info
Interior Features
  • Equipment: Dryer, Washer
  • Room Type: Bonus Room, Den, Dressing Area, Entry, Family Room, Foyer, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Media Room, Office, Separate Family Room, Two Primaries, Walk-In Closet, Walk-In Pantry
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bedroom Features: Dressing Area, Main Floor Bedroom, WalkInCloset
  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Laundry Location: Inside
  • Fireplace Features: Living Room, Primary Bedroom
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Entry Location: 1st level front door and 2nd level at garage
  • Structure Type: Triplex
  • Miscellaneous: Foothills, Suburban
  • View Description: Canyon
  • Pool Features: Association, Community, In Ground
  • Pool Description: Association Pool, In Ground
  • Pool: Below Ground, Community/Common, Association
Land/Lot Info
  • Lease Considered: No
  • Number Of Units: 110
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Residential Styles: Townhome
  • Residential Unit Location: 1 common wall

Property History for 1550 Michael Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1550 Michael Lane

Taxable ValueLand$241,244Additions$964,981Total$1,206,225
Tax Record2024$14,731 ($1,228 / month)
Home Facts
Beds3Total Finished SqFt2,467 SqFtAbove Grade Finished SqFt2,467 SqFtLot Size400,173 SqFtStyleCondominiumYear Built1979ZoningLARD3CountyLOS ANGELESAPN4431-015-104

Schools near 1550 Michael Lane

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Charter - 9 to 12
Charter - K to 5
Rating
School
Distance
Marquez Charter School
CharterK to 5

Paul Revere Middle School
Charter6 to 8

Palisades Charter High School
Charter9 to 12

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.

Similar Homes

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Similar Sold Homes

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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 Equity Union, Christine Regan, DRE #02079130; Equity Union, Meghan Nyback, DRE #01908533

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.