507 W Rustic Rd
Santa Monica, CA 90402
Listing broker / agent: Coldwell Banker Realty · Rene Hernandez · 619-339-4365 · CRMLS
MLS # PTP2603811 · Last checked Oct 19, 2026 20:49 UTC
About this property
Opportunities like this simply don't come along in Santa Monica Canyon. Tucked along Rustic Canyon Creek on a quiet, tree-lined street, this traditional two-story residence sits on an expansive 13,748-square-foot sloped canyon lot in one of the most coveted and rarely available pockets of 90402. Properties at this scale, on this street, in this neighborhood do not reach the open market often and when they do, they don't last. The home is being sold in as-is condition and needs work which is precisely the opportunity. The 3-bedroom, 2.5-bath layout offers solid bones: soaring entry ceilings, original wood floors, dual fireplaces, a primary suite with private balcony, French doors opening to the backyard, and an oversized two-car garage with direct access. What it needs is a buyer with vision. The sloped lot is the canvas. Terraced gardens, a hillside pool, cantilevered outdoor living decks, a fully reimagined luxury estate, the topography here invites the kind of architectural drama that flat lots simply can't deliver. Bring your architect, your designer, and your imagination. Minutes from Canyon Charter Elementary, from the beach, Santa Monica Stairs, premier dining, and the 3rd Street Promenade. Surrounded by nature, connected to everything. This is your chance to secure an irreplaceable address in the heart of "The Canyon" and tailor this exceptional residence to reflect your personal vision and lifestyle.
Property details
- MLS number
- PTP2603811
- Status
- Active
- Type
- Residential
- Subtype
- Single Family Residence
- Beds / baths
- 3 Beds • 3 Baths
- Living area
- 2,176 (area; units unconfirmed)
- Lot size
- 0.3156 acres
- County
- Los Angeles
- Year built
- 1973
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 85
Building
- Year built
- 1973
- Year built source
- Assessor
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 2
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 2
- Half bathrooms
- 1
Rooms & interior
- Main-level bedrooms
- 3
- Main-level bathrooms
- 2
- Rooms
- Bedroom, Living Room, Primary Bathroom, Primary Bedroom, Other
- Interior features
- All Bedrooms Up, Primary Suite, Walk In Closets
- Cooling
- None
- Fireplace
- Living Room, Primary Bedroom
- Laundry
- In Garage
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 2
- Attached garage
- Yes
- Pool
- None
- Lot features
- Trees
- Lot size source
- Assessor
- Property outlook
- Creek Stream, Trees Woods
Utilities & community
- Sewer
- Public Sewer
- Community features
- Fishing, Hiking, Park
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Schools reported in the listing
- High school district
- Santa Monica-Malibu Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Canyon Charter Elementary (school website, opens in a new tab) Los Angeles Unified · Santa Monica | K–5 | 0.4 mi |
| Palisades Charter Elementary (school website, opens in a new tab) Los Angeles Unified · Pacific Palisades | K–5 | 0.9 mi |
| Roosevelt Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica | K–5 | 1.1 mi |
| Palisades Charter High (school website, opens in a new tab) Los Angeles Unified · Pacific Palisades | 9–12 | 1.2 mi |
| Lincoln Middle (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica | 6–8 | 1.7 mi |
| Marquez Charter (school website, opens in a new tab) Los Angeles Unified · Pacific Palisades | K–5 | 1.9 mi |
| Franklin Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Santa Monica | Not reported | 1.9 mi |
| Paul Revere Charter Middle (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 6–8 | 2.0 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $3,775,000
- MLS-reported original asking price
- $3,775,000
- MLS-reported previous asking price
- $3,775,000
- MLS-reported last price change
- 2026-05-17 17:00 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 08:47 | $3,775,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Santa Monica
Active residential homes for sale in Santa Monica, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
28 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 20:53 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗