Neil Jacobson Lists Santa Monica Beach Condo (EXCLUSIVE)

A humbly sized but far from inexpensive beachfront condo in Santa Monica, long owned by industry-heralded and still-working octogenarian actor Donald Sutherland, is available with an asking price of just under $3 million. The current owner, veteran music industry exec Neil Jacobson, executive VP at Interscope Records — he’s shepherded the careers of rock-’n’-roll royals Gwen Stefani and the Black Eyed Peas — only acquired the condo just over a year ago for $2.5 million but, according to an in-the-know canary, he’s newly engaged and moving to a larger property with his fiancee.

The three-story condo, in a picayune, three-unit faux-Tudor complex on popular Palisades Beach, comes in at not quite 1,500 square feet. Open-plan and wood-floored living spaces, situated on the middle level to maximize views, include a living room defined by a soaring ceiling and a towering wall of mahogany bookshelves with integrated desk area. A television-surmounted fireplace is flanked by transom-topped wood-framed glass sliders that open to a wide but slender balcony with unimpeded views that stretch from the neon-lit Santa Monica pier all the way to Malibu. The dining area connects through to a compact but impressively outfitted kitchen lined with mahogany cabinets and poured-concrete countertops. There are two proper bedrooms, one of them less than ideally just off the dining room, plus a roomy, third-floor flexible-use loft with voluminous vaulted ceiling. The ground floor master bedroom, which opens to a beach-facing glassed-in sun porch, is decidedly petite but decadently outfitted like a yacht, with mahogany wardrobes and a state-of-the-art media system that includes blackout technology and a movie screen that drops from the ceiling.

The listing is represented by Justin Alexander at Pardee Properties.

listing photos: Brandon Arant

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