
507 W Rustic Rd, Santa Monica, CA 90402
507 W Rustic Rd, Santa Monica, CA 90402
Property Description
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.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Santa Monica · Single Family Residence
Listed 7.9% above the median closed sale of $3,498,850. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 756 Kingman Avenue | Santa Monica | 1950 | 3 | 3 | 2,039 | 10,854 | $1,665 | $3.40M | 17 | 87 |
| 867 Berkeley Street | Santa Monica | 1948 | 3 | 3 | 2,342 | 11,187 | $2,305 | $5.40M | 79 | 87 |
| 1902 Georgina Avenue | Santa Monica | 1925 | 3 | 3 | 2,148 | 8,942 | $2,325 | $5.00M | 16 | 84 |
| 630 Hightree Road | Santa Monica | 1965 | 3 | 3 | 2,724 | 11,092 | $2,017 | $5.50M | 159 | 82 |
| 928 20th Street | Santa Monica | 1981 | 2 | 3 | 1,905 | 16,020 | $971 | $1.85M | 759 | 80 |
| Total: 5 · Average | 2.8 | 3.0 | 2,231.6 | 11,619 | $1,856.6 | $4.23M | 206 | |||
| Median | 2,148 | $5.00M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1130 Centinela | Santa Monica | 1952 | 09/21/2026 | 3 | 3 | 1,843 | 9,050 | $3.80M | $3.50M | $1,898 | 0.92 | 90 | 81 |
| 389 Upper Mesa Road | Santa Monica | 1923 | 09/01/2026 | 3 | 3 | 2,094 | 8,064 | $2.70M | $2.10M | $1,000 | 0.78 | 126 | 81 |
| 558 Stassi Lane | Santa Monica | 1947 | 09/15/2026 | 2 | 2 | 1,633 | 13,138 | $3.60M | $3.57M | $2,188 | 0.99 | 58 | 80 |
| 702 16th Street | Santa Monica | 1937 | 08/28/2026 | 3 | 4 | 1,998 | 7,486 | $4.20M | $4.55M | $2,280 | 1.09 | 24 | 75 |
| 1019 Chelsea Avenue | Santa Monica | 1947 | 09/08/2026 | 3 | 2 | 2,148 | 6,114 | $2.98M | $3.44M | $1,601 | 1.15 | 31 | 75 |
| Total: 5 · Average | 2.8 | 2.8 | 1,943.2 | 8,770.4 | $3.43M | $3.43M | $1,793.4 | — | 65.8 | ||||
| Median | 1,998 | $3.50M | $3.50M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.