This is the Palisades opportunity you've been waiting for! With nearly 2,500 square feet of living space spread across three levels, this highly desirable corner-unit floorplan is one of the largest in the community and has unique custom upgrades you won't find in other units. Be greeted by the private entrance to find a foyer that takes you to a custom-designed wet bar, sitting room, office, and bedroom with an ensuite bathroom. You may next travel to the mid-level, where a fully renovated kitchen meets you, featuring a double oven gas range, quartz countertops, and a newly built walk-in pantry. Also, on this mid-level, you have the attached two-car garage, which takes you directly into the kitchen, formal dining space, and living room, all this set amongst an open plan, high ceilings, a re-designed fireplace, and views of the gorgeous Santa Monica Mountains. On the 3rd floor, you'll find the primary suite and 3rd bedroom, which both feature their own ensuite baths. The oversized primary bedroom serves as your personal retreat with its private balconies, a serene view of the emerald green hillside, soaring high ceilings, modern fireplace, giant walk-in closet, a unique second closet, and a luxurious spa bathroom. This highly sought-after community offers a range of amenities, including a fully renovated pool, sauna, fitness room (renovations almost complete!), tons of guest parking, and access to the community dog park. To top it all off, this home offers you entry to popular public schools and easy access to the area's pristine beaches and glorious canyon trails.
Sold for $1,830,000
Listed by: Equity Union • Christine Regan • Contact: 818-989-2000
Bought with: Sotheby's International Realty
$1,830,000
1550 Michael Ln, Pacific Palisades, CA 90272
3beds
2,467sqft
Townhouse
Built in 1979
9.19 Acres Lot
$1,793,200 Zestimate®
$742/sqft
$7,354 Estimated rent
Home value
$1,793,200
$1.65M - $1.95M
$7,354/mo
Zestimate® history
Owner options
List your home for rent
$7,354/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$7,354/mo
Rent Zestimate®
Refinance and save
$12,414/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$12,414/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Christine Regan DRE #02079130 323-333-6405,
Equity Union,
Meghan Nyback DRE #01908533,
Equity Union
Bought with:
Robin Walpert, DRE #01237116
Sotheby's International Realty
Anita Akhavan, DRE #02177412
Sotheby's International Realty
Source: CRMLS,MLS#: SR24082669
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bonus Room, Bedroom, Den, Entry/Foyer, Family Room, Foyer, Living Room, Primary Bathroom, Primary Bedroom, Media Room, Office, Other, Pantry
Bedroom
- Features: Bedroom on Main Level
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Washer
- Laundry: Inside
Features
- Bedroom on Main Level, Dressing Area, Entrance Foyer, Multiple Primary Suites, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
- Has fireplace: Yes
- Fireplace features: Living Room, Primary Bedroom
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 2,467 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Entry location: 1st level front door and 2nd level at garage
- Pool features: Community, In Ground, Association
- Has view: Yes
- View description: Canyon, Mountain(s)
Lot
- Size: 9.19 Acres
Details
- Parcel number: 4431015104
- Zoning: LARD3
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Dog Park, Foothills, Hiking, Street Lights, Suburban, Sidewalks, Pool
HOA
- Has HOA: Yes
- Amenities included: Dog Park, Fitness Center, Playground, Pool, Spa/Hot Tub
- Services included: Earthquake Insurance
- HOA fee: $655 monthly
- HOA name: Michael Lane Villas HOA
- HOA phone: 818-907-6622
- Second HOA fee: $90 quarterly
Location
- Region: Pacific Palisades
Financial & listing details
- Price per square foot: $742/sqft
- Tax assessed value: $1,866,600
- Annual tax amount: $20,721
- Date on market: 5/14/2024
- Cumulative days on market: 13 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Inclusions: fridges, stove, dishwasher, washer/dryer
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2024 | Sold | $1,830,000+3.1%$742/sqft |
Source:  CRMLS #SR24082669 Report a problem | ||
| 6/18/2024 | Pending sale | $1,775,000$719/sqft |
Source: CRMLS #SR24082669 Report a problem | ||
| 5/27/2024 | Contingent | $1,775,000$719/sqft |
Source: CRMLS #SR24082669 Report a problem | ||
| 5/14/2024 | Listed for sale | $1,775,000+57.8%$719/sqft |
Source: CRMLS #SR24082669 Report a problem | ||
| 2/28/2020 | Sold | $1,125,000-11.8%$456/sqft |
Source:  CLAW #19511990 Report a problem | ||
| 1/17/2020 | Pending sale | $1,275,000$517/sqft |
Source: Compass #19511990 Report a problem | ||
| 10/16/2019 | Price change | $1,275,000-5.6%$517/sqft |
Source: Compass #19511990 Report a problem | ||
| 9/19/2019 | Listed for sale | $1,350,000+130.8%$547/sqft |
Source: Compass #19-511990 Report a problem | ||
| 8/2/1999 | Sold | $585,000+16.4%$237/sqft |
Source: Public Record Report a problem | ||
| 7/31/1998 | Sold | $502,500+24.8%$204/sqft |
Source: Public Record Report a problem | ||
| 11/22/1996 | Sold | $402,500$163/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,721 +40.7% | $1,866,600 +54.7% |
| 2024 | $14,731 +2% | $1,206,225 +2% |
| 2023 | $14,448 +4.9% | $1,182,574 +2% |
| 2022 | $13,777 +1.3% | $1,159,387 +2% |
| 2021 | $13,600 +22.6% | $1,136,655 +25.7% |
| 2020 | $11,094 | $904,601 +2% |
| 2019 | $11,094 +4.8% | $886,865 +2% |
| 2018 | $10,588 | $869,476 +2% |
| 2017 | $10,588 +2.2% | $852,428 +2% |
| 2016 | $10,359 +2.4% | $835,714 +1.5% |
| 2015 | $10,113 +1.1% | $823,162 +2% |
| 2014 | $9,998 | $807,038 +2.5% |
| 2012 | -- | $787,639 +2% |
| 2011 | -- | $772,196 +0.8% |
| 2010 | -- | $766,426 -0.2% |
| 2009 | -- | $768,248 +2% |
| 2008 | -- | $753,185 +2% |
| 2007 | -- | $738,418 +2% |
| 2006 | -- | $723,941 |
| 2005 | -- | $723,941 +4% |
| 2004 | -- | $695,832 +1.9% |
| 2003 | -- | $683,080 +12.2% |
| 2002 | -- | $608,634 +4% |
| 2000 | -- | $585,000 |
Find assessor info on the county website
Neighborhood: Pacific Palisades
Nearby homes
- $6,0002 bd3 ba1.9k sqft1541 Palisades Dr, Pacific Palisades, CA 90272For Rent
- $1,182,5003 bd3 ba1.9k sqft1545 Palisades Dr, Pacific Palisades, CA 90272Off Market
- $1,268,4003 bd2 ba2k sqft1547 Palisades Dr, Pacific Palisades, CA 90272Off Market
- $1,252,1002 bd2 ba1.9k sqft1549 Palisades Dr, Pacific Palisades, CA 90272Off Market
- $1,145,3002 bd3 ba1.9k sqft1553 Palisades Dr, Pacific Palisades, CA 90272Off Market
- $1,355,0002 bd3 ba1.9k sqft1555 Palisades Dr, Pacific Palisades, CA 90272Sold
- $1,189,8002 bd3 ba1.9k sqft1557 Palisades Dr, Pacific Palisades, CA 90272Off Market
- $1,213,5003 bd3 ba1.9k sqft1561 Palisades Dr, Pacific Palisades, CA 90272Off Market
- $1,348,9002 bd2 ba1.9k sqft1563 Palisades Dr, Pacific Palisades, CA 90272Off Market
Nearby schools
GreatSchools rating
- 7/10Marquez Charter SchoolGrades: K-5Distance: 2.5 mi
- 9/10Paul Revere Middle SchoolGrades: 6-8Distance: 4.3 mi
- 9/10Palisades Charter High SchoolGrades: 9-12Distance: 2.8 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,793,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,793,200
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Los Angeles Topics
