Shelton Wilder Acquires Santa Monica Canyon SFR For $10.5M

The single-family residence located at 341 W. Channel Rd. in Santa Monica Canyon has been sold in a recent transaction. The property was represented by Shelton Wilder from Sotheby's International Realty. The sale price for the property was $10,500,000, and it offers a total area of 4,706 square feet. The price per square foot comes out to be $2,231. Multiple offers were received for this property, ultimately resulting in a sale price that was $1,000,000 over the asking price.

Summary of transaction details

• Property Type: Single Family Residence
• Transaction Amount: $10,500,000
• Address: 341 W. Channel Rd.
• Market: Santa Monica Canyon
• Broker: Shelton Wilder - Sotheby's International Realty
• Square Footage: 4,706
• Price per Square Foot: $2,231

This successful transaction involved multiple offers and resulted in the property being sold for a remarkable $1,000,000 over the original asking price. The collaboration between the seller, buyer, and the support provided by Shelton Wilder from Sotheby's International Realty played a crucial role in achieving this outcome.