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Sold for $1,620,000
  • Tax assessed value
    $1,620,000

    1588 Michael Ln, Pacific Palisades, CA 90272

    3beds
    2,081sqft
    Residential, Townhouse
    Built in 1979
    9.19 Acres Lot
    $1,600,700 Zestimate®
    $778/sqft
    $6,195 Estimated rent

    Home value

    $1,600,700

    $1.47M - $1.74M

    $6,195/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lauren Polan DRE # 00900834 310-926-0029,

    Coldwell Banker Realty 310-458-0091

    Bought with:

    Ally Jaret, DRE # 01279883

    Compass

    Adam Jaret, DRE # 01786090

    Compass

    Source: CLAW,MLS#: 24-416329MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Breakfast, Breakfast Area, Dining Area, Entry, Living Room, Patio Enclosed, Powder, Walk-In Closet
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Dryer, Washer, Refrigerator, Range/Oven, Microwave, Disposal, Water Line to Refrigerator
    • Laundry: In Garage
    Features
    • Built-Ins, Ceiling Fan(s)
    • Flooring: Engineered Hardwood, Carpet, Tile
    • Number of fireplaces: 2
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 2,081
    • Total interior livable area: 2,081 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - 2 Car, Direct Access, Side By Side, Private Garage
    • Has garage: Yes
    • Covered spaces: 2
    Features
    • Levels: Multi/Split
    • Stories: 3
    • Pool features: Association, Fenced
    • Spa features: Association Spa, Fenced
    • Has view: Yes
    • View description: Mountain(s), Tree Top
    Lot
    • Size: 9.19 Acres
    Details
    • Parcel number: 4431015153
    • Zoning: LARD3
    • Special conditions: Standard
    • Other equipment: Cable

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Residential, Townhouse
    • Attached to another structure: Yes
    Materials
    • Roof: Tile
    Condition
    • Updated/Remodeled
    • Year built: 1979

    Community & HOA

    Community
    • Security: Secured Community, 24 Hour Security
    • Subdivision: Michael Lane Villas
    HOA
    • Has HOA: Yes
    • Amenities included: Assoc Pet Rules, Spa/Hot Tub, Pool
    • HOA fee: $655 monthly
    • Second HOA fee: $90 quarterly
    Location
    • Region: Pacific Palisades

    Financial & listing details

    • Price per square foot: $778/sqft
    • Tax assessed value: $1,620,000
    • Annual tax amount: $18,719
    • Date on market: 12/10/2025

    Price history

    DateEventPrice
    10/9/2024Sold$1,620,000-1.8%$778/sqft
    Source: CLAW #24-416329 Report a problem
    9/16/2024Pending sale$1,649,000$792/sqft
    Source: CLAW #24-416329 Report a problem
    9/6/2024Contingent$1,649,000$792/sqft
    Source: CLAW #24-416329 Report a problem
    7/18/2024Listed for sale$1,649,000-5.7%$792/sqft
    Source: CLAW #24-416329 Report a problem
    7/6/2024Listing removed--
    Source: CLAW #24-374023 Report a problem
    4/4/2024Listed for sale$1,748,000-6.5%$840/sqft
    Source: CLAW #24-374023 Report a problem
    6/12/2023Listing removed--
    Source: CLAW #23-240097 Report a problem
    2/22/2023Listed for sale$1,870,000+55.7%$899/sqft
    Source: CLAW #23-240097 Report a problem
    4/27/2017Sold$1,201,000+0.2%$577/sqft
    Source: CLAW #17211842 Report a problem
    3/22/2017Pending sale$1,199,000$576/sqft
    Source: Coldwell Banker Residential Brokerage - Pacific Palisades #17-211842 Report a problem
    3/16/2017Listed for sale$1,199,000+8%$576/sqft
    Source: Coldwell Banker Residential Brokerage #17211842 Report a problem
    10/11/2016Sold$1,110,000+1%$533/sqft
    Source: CLAW #16154816 Report a problem
    9/19/2016Price change$1,099,000-8.3%$528/sqft
    Source: BHHS California Properties #16-154816 Report a problem
    8/19/2016Listed for sale$1,199,000+30.3%$576/sqft
    Source: Berkshire Hathaway HomeServices California Properties #16154816 Report a problem
    3/15/2006Sold$920,000+67.6%$442/sqft
    Source: Public Record Report a problem
    12/4/2001Sold$549,000+17.1%$264/sqft
    Source: Public Record Report a problem
    8/2/2000Sold$469,000$225/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,719 +12%$1,620,000 +18.5%
    2024$16,712 +2%$1,366,526 +2%
    2023$16,391 +4.9%$1,339,732 +2%
    2022$15,629 +1.3%$1,313,464 +2%
    2021$15,435 -1%$1,287,711 +1%
    2020$15,594 $1,274,508 +2%
    2019$15,594 +4.6%$1,249,519 +2%
    2018$14,902 $1,225,020 +10.4%
    2017$14,902 +10.4%$1,110,000 +4.5%
    2016$13,493 +5.5%$1,062,046 +16.5%
    2015$12,794 +13.6%$912,000
    2014$11,261 $912,000 +22.6%
    2012-- $744,000 -6.9%
    2011-- $799,000
    2010-- $799,000 -18.2%
    2009-- $976,309 +2%
    2008-- $957,167 +2%
    2007-- $938,400 +58.1%
    2006-- $593,478
    2005-- $593,478 +4%
    2004-- $570,434 +1.9%
    2003-- $559,980 +2%
    2002-- $549,000 +22%
    2000-- $450,000
    Find assessor info on the county website

    Neighborhood: Pacific Palisades

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,600,700
    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
    $1,600,700