$34,950,000 - 938 -940 Palisades Beach Road, Santa Monica

  • 11Beds
  • 15Baths
  • 9,899SQ. Feet
  • 0.25Acres

Santa Monica Home For Sale

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.

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • Parking Spaces8
  • ParkingDirect Access, Driveway, Garage, Garage Door Opener, Storage
  • GaragesDirect Access, Driveway, Garage, Garage Door Opener, Storage
  • ViewCoastline, Ocean, Panoramic
  • Has PoolYes
  • PoolHeated, In Ground, Pool Cover, Waterfall

Additional Information

  • Date ListedSeptember 25th, 2025
  • Days on Market83
  • ZoningSMR2B*
  • Short SaleN
  • RE / Bank OwnedN

Essential Information

  • MLS® #25595241
  • Price$34,950,000
  • Bedrooms11
  • Bathrooms15.00
  • Full Baths13
  • Half Baths2
  • Square Footage9,899
  • Acres0.25
  • Year Built2025
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleModern
  • StatusActive
  • Listing AgentStephan Sean Illouz
  • Listing OfficeColdwell Banker Realty

Exterior

  • Exterior FeaturesFire Pit

Community Information

  • Address938 -940 Palisades Beach Road
  • AreaC14 - Santa Monica
  • CitySanta Monica
  • CountyLos Angeles
  • Zip Code90403

Interior

  • InteriorTile, Wood, Stone
  • Interior FeaturesBreakfast Bar, Separate/Formal Dining Room, Walk-In Pantry, Wine Cellar, Walk-In Closet(s)
  • AppliancesBarbecue, Dishwasher, Disposal, Microwave, Refrigerator, Water Purifier, Dryer, Washer
  • HeatingCentral
  • CoolingCentral Air, Wall/Window Unit(s)
  • FireplaceYes
  • FireplacesFamily Room, Gas
  • # of Stories4
  • StoriesThree Or More

Price Change History for 938 -940 Palisades Beach Road, Santa Monica, (MLS® #25595241)

Date Details Price Change
Price Reduced (from $38,500,000) $34,950,000 $3,550,000 (9.22%)
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Based on information from California Regional Multiple Listing Service, Inc. as of December 17th, 2025 at 9:45am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.