Welcome to 506 Palisades Ave, an elegant Tuscan retreat ideally situated a short stroll to Montana Ave's shops & dining and world class beaches. Beyond privacy hedges and lush grounds, enter the home and appreciate old-world craftsmanship & materials such as custom stone & wood work, beamed ceilings, arched doorways, and detailed built-ins, molding and trim. A double-height foyer connects to grand living spaces including a spacious living room with vaulted ceiling, formal dining room, stately home office, and comfortable family room. The chef's kitchen with island and breakfast room walk out to a peaceful garden, dining terrace with built-in BBQ, and saltwater pool & spa with waterfall. Upstairs a luxe primary suite boasts two walk-in closets, fireplace, and a spa-like bathroom. The basement level exudes sophistication and style, featuring an entertaining lounge with wet bar accentuated by wine racks, fireplace, and ceilings adorned in brick. Enjoy your favorite film in the plush theatre with recliner seating for eight. With seven bedrooms in the main residence plus a charming detached guest house, your family and visitors are afforded complete comfort and privacy. The finest lease offering available in Santa Monica. Quoted price is for 1+ year, unfurnished. Also available furnished and/or short-term at increased rates.