550 Spoleto Drive
Pacific Palisades, CA, 90272
$13,500,000
Original list price: $14,500,000
MLS: 26656171
Beds
6
Baths
7
Sq Ft
8,210
Lot
0.38 ac
Year Built
1988
MLS #
26656171
Days on Market
153
Listed
Mar 16, 2026
Description
Modern Traditional, fresh and completely renovated in 2022. Walking distance to the ocean on one of the finest and quietest streets in the Riviera. 6 beds / 6.5 baths over 8,200sqft on 2 levels. Open floor plan with high ceilings. On the first floor, one finds a soaring two-story entry flanked by formal living room and dining room. Opening to the gardens and pool is a large game room with bar and vast gourmet kitchen with breakfast area and informal living room. Adjacent to the game room is an oversized screening room - perfect for entertaining. 2 additional bedroom suites complete the main floor. Upstairs, the Primary suite is a world apart with sitting room, large bath and double closets. 3 additional upstairs bedrooms with baths en-suite and upstairs den make this a most functional layout. Additional features include: an outdoor kitchen, wine cellar, large storage areas and an oversized 3-car garage. Exceptional location in prime Riviera surrounded by major estates. Shown to prequalified clients. Also, available for lease, asking is $60,000 per month.
Location
Pacific Palisades, Los Angeles County, CA 90272
Open on Google Maps ↗Listed by: Drew Fenton · Carolwood Estates
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$97,585
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $1,350,000 · Loan: $12,150,000
Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $78,160
- Property tax (1.25%)
- $14,063
- Homeowners insurance
- $300
- Mortgage insurance
- $5,063
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Aug 13, 2026
- 30-year fixed
- 6.67%
- 15-year fixed
- 5.96%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Pacific Palisades home with as little as 3.5% down using an FHA loan — roughly $472,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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