550 Spoleto Drive, Pacific Palisades, CA 90272
550 Spoleto Drive, Pacific Palisades, CA 90272
Property Description
Modern Traditional, fresh and completely renovated in 2022. Walking distance to the ocean on one of the finest and quietest streets in the Riviera. 6 beds / 6.5 baths over 8,200sqft on 2 levels. Open floor plan with high ceilings. On the first floor, one finds a soaring two-story entry flanked by formal living room and dining room. Opening to the gardens and pool is a large game room with bar and vast gourmet kitchen with breakfast area and informal living room. Adjacent to the game room is an oversized screening room - perfect for entertaining. 2 additional bedroom suites complete the main floor. Upstairs, the Primary suite is a world apart with sitting room, large bath and double closets. 3 additional upstairs bedrooms with baths en-suite and upstairs den make this a most functional layout. Additional features include: an outdoor kitchen, wine cellar, large storage areas and an oversized 3-car garage. Exceptional location in prime Riviera surrounded by major estates. Shown to prequalified clients. Also, available for lease, asking is $55,000 per month.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Pacific Palisades · Single Family Residence
Listed 8.2% above the median closed sale of $12,475,000. Price per sqft ($1,644) is a 34% discount to closed comps ($2,499). Closed comps sold at 112% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 773 Amalfi Drive | Pacific Palisades | 2007 | 6 | 10 | 7,467 | 18,094 | $2,075 | $15.49M | 50 | 83 |
| 143 Marguerita Avenue | Santa Monica | 1987 | 6 | 6 | 5,898 | 14,727 | $1,949 | $11.49M | 48 | 82 |
| 14901 Ramos Place | Los Angeles | 1955 | 6 | 7 | 5,800 | 14,651 | $2,068 | $11.99M | 80 | 76 |
| 888 Toulon Drive | Pacific Palisades | 1994 | 4 | 7 | 8,800 | 14,019 | $1,733 | $15.25M | 74 | 76 |
| 442 Alma Real Drive | Pacific Palisades | 2027 | 6 | 8 | 7,600 | 10,623 | $1,644 | $12.49M | 3 | 74 |
| Total: 5 · Average | 5.6 | 7.6 | 7,113 | 14,422.8 | $1,893.8 | $13.35M | 51 | |||
| Median | 7,467 | $12.49M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1228 Amalfi Drive | Los Angeles | 1999 | 09/29/2026 | 6 | 8 | 8,045 | 17,507 | $9.89M | $12.47M | $1,551 | 1.26 | 46 | 82 |
| 233 Marguerita Avenue | Santa Monica | 1921 | 09/18/2026 | 5 | 7 | 6,000 | 22,432 | $12.49M | $12.25M | $2,042 | 0.98 | 22 | 67 |
| 339 17th Street | Santa Monica | 2020 | 07/15/2026 | 5 | 7 | 7,300 | 8,923 | $12.95M | $12.00M | $1,644 | 0.93 | 68 | 66 |
| 563 Burlingame Avenue | Los Angeles | 1927 | 07/15/2026 | 6 | 7 | 6,453 | 19,414 | $15.49M | $13.99M | $2,169 | 0.90 | 79 | 62 |
| 240 Bristol Avenue | Los Angeles | 1948 | 07/08/2026 | 4 | 8 | 2,869 | 19,497 | $9.50M | $14.60M | $5,089 | 1.54 | 24 | 45 |
| Total: 5 · Average | 5.2 | 7.4 | 6,133.4 | 17,554.6 | $13.06M | $13.06M | $2,499 | — | 47.8 | ||||
| Median | 6,453 | $12.47M | $12.47M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.