See Home Value
$2,777,152*
House - Off Market

1588 Chastain Pkwy

Pacific Palisades, CA 90272
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
3622 Sqft
$2,426,000 - $2,964,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
Sold Mar 14, 2023
$2,700,000
$2,000,000 by First Republic Bank
Mortgage Due Apr 01, 2053
Sold Dec 04, 2015
$1,838,000
$1,286,600 by Banc Of California Na
Mortgage Due Dec 01, 2045

About This Property

Tucked away in the coveted Palisades Highlands, this lush Mediterranean oasis welcomes you with a palm-studded promenade. A gated entrance reveals a private flagstone courtyard dotted in olive trees. Across the threshold, guests are greeted by soaring ceilings, wide plank oak hardwoods, and ample windows that invite warmth and light. Adopting a modern, minimalist aesthetic with muted earth tones, this three-bedroom, plus office, three-bathroom home affords endless French doors for seamless indoor/outdoor flow. Boasting a sprawling, open footprint, this 3,622-square foot abode exudes an effortless, Southern Californian charm. Anchored by a marble fireplace, a formal front living room is poised for entertaining, joined by a quaint powder room. In the kitchen you'll find glossy granite counters, sleek stainless-steel appliances, and a peninsula island with bar seating. Warmed by a slate fireplace, an airy family room with oversized windows and French doors lead outwards into a verdant backyard.  Upstairs is a true sanctuary that affords an oversized master suite with fireplace, two walk-in closets, and private patio with ocean views. A spa-like master bath ensconced in marble is equipped with a dual vanity, steam shower and freestanding soaking tub with picturesque mountain views. Connected by a jack and jill bathroom, two adjacent bedrooms feature walk-in closets. A lofted office space finishes the second floor, replete with views of the first floor. A beautifully reimagined home updated with the most modern conveniences, this Mediterranean escape has been fully equipped with integrated audio video camera system, alarm, and music.An attached, three-car garage includes plentiful storage for bikes and tools.Set on an oversized corner lot, the home's impeccably landscaped backyard affords ample space for alfresco entertaining. An outdoor patio sets the tone for weekend gatherings, fully fenced for ultimate privacy. Minutes to nearby hiking and biking trails, this turnkey home provides Summit Club privileges, including access to an oversized pool with gorgeous views, private tennis courts, basketball court, gym, and children's park

The manager has listed the unit size as 3622 square feet.
Unit Size
3,622Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$744
Property Type
House
Property Taxes
-
HOA Dues
$380
Year Built
1992

Price History

Date / Event Date Event Price
Mar 15, 2023 No longer available -
No longer available
Mar 14, 2023 Sold to Alexandra Gianelli, Matthew... $2,700,000
Sold to Alexandra Gianelli, Matthew...
Feb 3, 2023 In contract -
In contract
Jan 22, 2023 Listed $2,695,000
Listed
Dec 4, 2015 Sold to Jaimie Geller, Michael Geller $1,838,000
Sold to Jaimie Geller, Michael Geller

Property Highlights

Air Conditioning
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Mediterranean
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,202
  • Total Building Area: 3,622
  • Building Area: 3,622
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,622
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 44651
  • Land Acres: 0.142
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: TR=44651 EX OF STS LOT 52

Ownership

  • Current Owner : SHEINBAUM MATTHEW
  • Current Owner 2: GIANELLI ALEXANDRA
  • Previous Owner : MICHAEL SCOTT GELLER AND JAIMIE GABAY GE
  • Owner Before Previous Owner: LLOYD SAMANTHA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 262601

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 30-B6
  • Subdivision Tract Number: 44651
  • Parcel: 4431-042-012
  • Lot: 52
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0764
  • Longitude: -118.55

    Address

  • Full Address: 1588 Chastain Pkwy W
  • Address - House Number: 1588
  • Street Segment Direction: W
  • Address - Street Name: Chastain
  • Address - Suffix Type: Pkwy
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C026
  • 4-Digit Zip Code: 1944
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,532
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,978,666
  • High Value: 3,651,222
  • Low Value: 2,306,110

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Mar 14, 2023
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,091,326
  • Assessed Land Value: $1,706,742
  • Assessed Improvements Value: $384,584

    Sales

  • Current Sale Contract Date: Mar 08, 2023
  • Current Sale Recording Date: Mar 14, 2023
  • Current Sale Transaction ID: 11903509897
  • Current Sale Price: $2,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 161647
  • Previous Sale Recording Date: Dec 04, 2015
  • Previous Sale Contract Date: Dec 02, 2015
  • Previous Sale Amount: $1,838,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Mar 14, 2023
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BANC OF CALIFORNIA NA
  • Previous Mortgage Transaction Date: Dec 04, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,286,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Los Angeles


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1604 Michael Ln, PACIFIC PALISADES, CA, 90272

$6,500 /mo

  • 3 Beds
  • 1.5 Baths
  • 2,435 ft²
1604 Michael Ln, PACIFIC PALISADES, CA, 90272 Listing by Anne Leeds


Frequently Asked Questions

When was property at 1588 Chastain Parkway West built and last sold?
The property at 1588 Chastain Parkway West was built in 1992 and last sold on Mar 8, 2023 for $2,700,000.
How much is this home worth?
The estimated value of the home located at 1588 Chastain Parkway West is $2,781,930.
What are some comparable homes to 1588 Chastain Parkway West?
There are currently no comparable homes to 1588 Chastain Parkway West.

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