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Sold for $1,620,000 · Oct 2024

SOLD

Listed at $1,649,000

Sold

1588 Michael Lane, Pacific Palisades, CA 90272

Pacific Palisades, CA

MLS# 24416329

2,081 Sq Ft • Townhouse3bd • 3ba
49 days on market

Listing Agent

Lauren Polan

Listing Agent

Coldwell Banker Realty

DRE #: 00900834

Brokerage: Coldwell Banker Realty

Property Details

3

Bedrooms

3

Bathrooms

2,081 sqft

Square Feet

1979

Year Built

9.19 acres

Lot Size

$778

Price/Sq Ft

N/A

Garage Spaces

$655/mo

HOA

Townhouse

Property Type

Description

Highly sought after remodeled 3 bedroom and 2.5 bathroom townhouse with all the bedrooms on the upper floor. This absolutely gorgeous townhouse has had the wall removed to create a spacious open floor plan. It features a living room with fireplace that opens onto an enclosed patio. There is a large dining area. The remodeled kitchen has Carrera marble countertops, custom cabinets, a Bosch range, microwave and dishwasher. There a GE Refrigerator with French doors and wine refrigerator, as well as a breakfast area and a large breakfast bar, plus mountain view from the kitchen window. The guest bathroom has a custom Italian stone vanity, marble floor and Venetian plastered walls. The primary bedroom features a vaulted ceiling, ceiling fan, fireplace, 2 walk-in closets and balcony. The beautiful primary bathroom has a quartz countertop, beautiful tiles, a large walk in shower with view and soaking tub. There is a good size 2nd bedroom with walk-in closet, a 3rd bedroom with ceiling fan, plus a remodeled bathroom with a combination shower and soaking tub. Other features include newer carpeting, water heater and air-conditioning. There are engineered hardwood floors, beautiful light fixtures, recessed lighting, a skylight, a two car private garage with custom cabinetry, extra refrigerator, washer and dryer. HOA Dues include water, trash and has earthquake insurance. There is a newly remodeled gym, updated pool, plus there is membership to the Highlands Park with off leash hours for your dog. Opportunity is knocking.

Listing description from the October 2024 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
CentralAir
Heating
Central
View
Mountains

Sale history for 1588 Michael Lane

3 recorded sales

$1,620,000
Sold October 2024 · listed $1,649,000, on market July 2024, 49 days on market · MLS #24416329 · Source: CRMLS
Listing Agent: Lauren Polan · Listing Office: Coldwell Banker Realty · Contact: 310-458-0091 · Bought with: Ally Jaret · Compass
$1,201,000
Sold April 2017 · listed $1,199,000, on market March 2017, 4 days on market · MLS #17211842 · Source: CRMLS
Listing Agent: John Wild · Listing Office: Coldwell Banker Realty · Contact: 310-458-0091 · Bought with: Alejandra Zavalza · Keller Williams Realty Los Feliz
$1,110,000
Sold October 2016 · listed $1,099,000, orig. $1,199,000, on market August 2016, 41 days on market · MLS #16154816 · Source: CRMLS
Listing Agent: Dan Urbach · Listing Office: Berkshire Hathaway HomeService · Contact: 310-230-3700 · Bought with: Beverly Gold · Gibson International- Pacific

How this sale compares

1588 Michael Lane sold for $1,620,000 in October 2024, 1.8% under its $1,649,000 list price, after 49 days on the market. That works out to $778 per square foot on 2,081 square feet. Across 274 closed sales in 90272 over the last 12 months, the median sold price is $1,970,000 and the median is $1,016 per square foot, 31% above this sale's $778. 3-bedroom rentals in 90272 currently list at a median of $11,963 a month (12 listings).

$778
This sale, per sq ft
$1,016
90272 median per sq ft (12 mo)
$1,970,000
90272 median sold price (12 mo)
274
Closed sales in 90272 (12 mo)
49
Days on market
−1.8%
Sold vs. list price
QuarterClosed sales in 90272Median sold price
Q1 202632$1,716,000
Q2 2026146$2,002,500
Q3 202675$1,919,000
Q4 202621$2,200,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Pacific Palisades · Homes for sale in 90272

Recent sales near 1588 Michael Lane

Closed sales reported in 90272, nearest first, last 12 months. All recent sales in Pacific Palisades →

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