550 Spoleto Drive
Pacific Palisades, CA, 90272
$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
37
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 8,200 sqft 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.
Location
Pacific Palisades, Los Angeles County, CA 90272
Open on Google Maps ↗Listed by: Drew Fenton · Carolwood Estates
Payment estimate
$101,023
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $1,450,000 · Loan: $13,050,000
- Principal & Interest
- $80,181
- Property tax (1.25%)
- $15,104
- Homeowners insurance
- $300
- Mortgage insurance
- $5,438
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $507,500 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.
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