Recently Listed New Construction 938 - 940 Palisades Beach Road
Santa Monica, CA, 90403 $ 33,000,000
Bedrooms11 Baths13.2 Sq 9,899 Monthly Estimate*
$ 203,187
for $33,000,000 with 11 bedrooms and 13 full baths, 2 half baths. This 9,899 square foot home was built in 2025 on a lot size of 0.2536.
Rare oceanfront compound opportunity on Santa Monica's legendary Gold Coast: two brand-new, side-by-side modern beachfront masterpieces on two legal lots totaling 60 feet of prime oceanfront frontage, positioned directly on the sand of this prestigious shoreline, offered together for the ultimate multigenerational living, private family retreat, or sophisticated coastal investment. Each residence stands as a bold architectural statement with clean modern lines, effortless indoor-outdoor flow, and sweeping, unobstructed Pacific views through dramatic floor-to-ceiling glass. The first spans three levels with four en-suite bedrooms, including a spectacular primary suite featuring its own private balcony pool overlooking the ocean, a show-stopping chef's kitchen with sculptural island, generous living and dining areas, a temperature-controlled wine cellar, and a state-of-the-art home theater below, all connected by a private elevator. The second unfolds across three levels with seven bedrooms total including two luxurious primary suites and five en-suite bedrooms for exceptional flexibility and privacy, highlighted by an expansive main-level kitchen with massive island and banquet seating flowing into open living and dining areas warmed by a striking fireplace, all opening to oceanfront decks. Outdoors, both properties deliver private resort-style sanctuaries with sparkling pools, spas, cascading waterfalls, fire pits, and multiple lounging areas, just steps from a private gate to the beach. Finished to the highest standard with premium materials, smart-home automation, solar panels, dedicated elevators, showcase wine storage, and two separate two-car garages with mechanical turntables, these homes represent a singular and virtually impossible-to-replicate opportunity to secure one of California's most coveted coastal enclaves.
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FeaturesGeneralLiving Area 9899
Heating Central
Cooling CentralAir
Appliances Barbecue Dishwasher Disposal Refrigerator Dryer Washer
Zoning SMR2B*
Garage Spaces 4
Patio/Porch Features Covered Deck Open Patio
Architectural Style Contemporary
Pool Features Heated InGround Private
Security Features GatedCommunity
Year Built 2025
View Catalina CityLights Coastline Ocean Pier Pool
Levels ThreeOrMore
Property Subtype SingleFamilyResidence
Community Features Gated
County Los Angeles
New Construction true
Property Type Residential
HOA false
Garage Y/N true
Full Baths 13
Special Listing Conditions Standard
Status Active
Directions PCH south of the California Incline to address.
City Santa Monica
Senior Community Y/N false
MLS Area C14 - Santa Monica
Lot Size Units SquareFeet
Lot Size Square Feet 11045
Spa Features Heated Private
Property Attached Y/N false
Additional Parcels Y/N true
Lease Considered Y/N false
Standard Status Active
Year Built Source Owner
Property Sub Type Additional SingleFamilyResidence
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InteriorInterior Amenities WalkInPantry WineCellar WalkInClosets
Flooring Stone Wood
Furnished Y/N Unfurnished
Fireplace Features Gas LivingRoom
Total Stories 3
Common Walls NoCommonWalls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 2
1/4 Baths 0
3/4 Baths 0
Laundry Features LaundryRoom
Total Bedrooms 11
Total Baths 15
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ExteriorExterior Amenities FirePit
Parking Features DirectAccess Driveway Garage SideBySide
Lot Features BackYard Lawn Yard
Total Parking 8
Lot Size Area 11045
Spa true
Building Area Total 9899
Lot Size Acres 0.2536
Private Pool true
Lot Size Source Plans
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* Excluded FeaturesList Bysandro@theagencyre.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $203,187
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Santa Monica, CA
Average List Price $6,697,757
Percent of Sale Price 80%
About Santa Monica, CA 92,541 Population
10% Since 2002
$ 89,894 Median Income
42.46 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/12/2026 | $33,000,000 | | Listed Price |