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Tom Buttgenbach Acquires Santa Monica SFR From Jeff Feinberg For $10.6M

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SOLD
$10,600,000

California

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Single Family Residence6,500 SF
Sold 11/16/2021
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Property Image
SOLD

Tom Buttgenbach Acquires Santa Monica SFR From Jeff Feinberg For $10.6M

1020 Palisades Beach Road, Santa Monica, CA 90403, USA

See Similar Deals
Single Family Residence6,500 SF
Sold 11/16/2021
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,630
Total Square Footage:6,500 SF
Transaction Type:Sale

Located at 1020 Palisades Beach Rd in Santa Monica, this iconic single-family home has been sold in a successful deal. The property, known as Villa del Sol, is a historically-rich Mediterranean escape and coastal oasis. Measuring 6,500 square feet, the home offers a luxurious living space to its occupants. The sale took place on November 16, 2021, with a sale price of $10,600,000. This translates to a price per square foot of $1,630.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $10,600,000
  • Market: Santa Monica
  • Buyer: Tom Buttgenbach
  • Seller: Jeff Feinberg
  • Brokers: Yohann Bensimon & Dan Malka - Ikon Advisors

Ikon Advisors, represented by Yohann Bensimon and Dan Malka, played a pivotal role in facilitating the sale of Villa del Sol. After the property had been on the market for a year without success, Ikon Advisors took the lead and implemented a comprehensive strategy. This included rebranding, hosting a private broker's event, luxury staging and landscaping, touch-up work, partnering with an influential art curator, and collaborating with social media platforms. The property also received press coverage from prestigious publications such as the Wall Street Journal and Mansion Global, further enhancing its reputation in the market.

Villa del Sol is now celebrated not only for its architectural and historical significance but also for its exceptional photo and video content. The property has become a beloved Mediterranean retreat, admired by all who have had the privilege of experiencing its exquisite charm.

Players

Dan Malka
9 deals$35.2M volume(310) 773-2553
BROKER

Yohann Bensimon
Keller Williams Realty
23 deals$72.2M volume
BROKER

Details

SOLD
IMAGE: Dan Malka & Yohann Bensimon DATE: 11/16/2021 ADDRESS: 1020 Palisades Beach Rd. MARKET: Santa Monica ASSET TYPE: SFR BUYER: Tom Buttgenbach SELLER: Jeff Feinberg BROKERS: Yohann Bensimon (@YBensimon88) & Dan Malka (@DanMalka_RE) - Ikon Advisors (@IkonAdvisors) SALE PRICE: $10,600,000 SF: 6,500 ~ PPSF: $1,630 NOTE: We are incredibly thrilled to have had the opportunity to sell this iconic home & broker a deal between our seller & buyer under favorable terms. Following one year of unsuccessfully selling on market by previous brokerages, we were determined to step in & not only leverage the existing features/history of the property, but to also provide additional services to market it to its fullest potential. Our strategy included an immediate rebranding implementation, private broker's event, luxury staging & landscaping, manicured touch-ups, partnership with an influential art curator, social media collaborations, press coverage by the Wall Street Journal & Mansion Global, & outstanding photo & video content. Villa del Sol has since been regarded as an architecturally, historically-rich Mediterranean escape & coastal oasis, beloved by all who graced its rooms.

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