Richard Ehrlich closes 1300 Monaco Drive for $7.995 million
Carolwood Estates listed the Pacific Palisades Riviera house — five bedrooms and six baths across 5,087 square feet, plus a guest house — and placed it at $7.995 million.
Richard Ehrlich of Carolwood Estates held the listing. On March 3, 2026, 1300 Monaco Drive closed at $7.995 million.
Carolwood sold copy puts the house on the east end of the Palisades Riviera — 5,087 square feet of living area, five bedrooms and six baths, on a 0.46-acre lot. Listing copy names an approximate 800-square-foot guest house (not included in the living-area figure), an oversized sports court, a pool, and gated grounds.
Carolwood still carries the sold listing under his name.
Closed sale. $2M+ in live markets only. Listing agents named as published. Photos: Carolwood Estates listing gallery. Luxury Price Drops is not a brokerage.