
Santa Monica, California 90402
This Luxury Coastal Sanctuary is listed at $2,499,999, offering a sophisticated lifestyle in an iconic Santa Monica building. While the $2,308,005 Fair Market Value reflects standard area benchmarks, this unit’s Condition Rating of 2 highlights its bespoke, high-end custom renovation. Boasting ocean views, a marble kitchen, and the building's largest private outdoor patio, the home provides a resort-like experience within the Santa Monica High School District and steps from Franklin Elementary School (9/10). It is a premier, move-in ready residence perfectly suited for discerning professionals or luxury-seeking owner-occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 Ocean Avenue F301 Subject | $2,499,999* List Price | 2 | 2 | 1,253 | $1,842 | - |
A 535 Ocean Avenue 8c Sold | $2,650,000 | 2 | 2 | 1,585 | $1,672 | 0.4 mi |
B 101 Ocean Avenue E501 Sold | $2,650,000 | 2 | 2 | 1,396 | $1,898 | - |
C 201 Ocean Avenue 906p Active Under Contract | $1,995,000 List Price | 2 | 2 | 1,229 | $1,623 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone an extensive, high-end custom renovation that brings it to a like-new state. The kitchen features premium marble countertops, a slab stone island, and bespoke cabinetry, while the living areas boast hardwood floors and floor-to-ceiling windows. Despite the building's 1963 construction date, the unit's interior finishes, modern fixtures, and overall craftsmanship meet the highest current quality standards with no signs of deferred maintenance.
Elementary School: Franklin Elementary School (9/10).
This residence offers the most outdoor entertaining space in the building, featuring both a front balcony with ocean views and a sprawling east-side patio with built-in seating.
The interior features premium craftsmanship, including marble countertops, a slab stone kitchen island, bespoke cabinetry, and floor-to-ceiling windows that create a seamless indoor-outdoor flow.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The monthly association fee of $2,320 is significant, which may be a deterrent for buyers sensitive to high fixed monthly overhead.
Despite the modern unit renovations, the 1963 construction date may imply older underlying building systems compared to newer luxury developments in Santa Monica.
Experience the pinnacle of modern coastal living in this custom 2-bedroom, 2-bathroom residence at 101 Ocean Ave, one of Santa Monica's most iconic buildings. Framed by ocean views and lush verdant surroundings, floor-to-ceiling windows throughout create a serene, garden-like atmosphere that feels worlds away from the city while remaining steps from the sand. The generously scaled living and kitchen combination is anchored by bespoke built-ins, custom glass cabinetry, and a kitchen featuring marble countertops, wine display, and slab stone island. No unit in the building offers more outdoor entertaining space than this one, combining a front balcony with ocean views, and a sprawling east-side patio complete with built-in seating, making it an exceptional setup for hosting or simply enjoying the coastal air. Hardwood floors carry through both bedrooms, each with private deck access. The building is managed by five-star hospitality professionals, and features a 24-hour front desk and freshly reimagined grounds including pool and spa, multiple curated seating areas, an outdoor kitchen with BBQ and pizza oven, a full fitness center, yoga studio, dog park, organic gardens, and a sky lounge with sweeping Pacific views. Steps from the sand and within easy reach of Giorgio Baldi, Golden Bull, Canyon Square, Montana Avenue, and downtown Santa Monica, this is a rare convergence of privacy, craftsmanship, and location.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades PK-5 • 2.0 mi
Grades K-5 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,253 | 1,568 | 22% |
| Lot Size | 85,245 | 38,613.5 | 83% |
| Price | $2.50M | $2.13M | 61% |
| Price per sq ft | $2.0K | $1.4K | 89% |
| Built year | 1963 | 1976 | 28% |
| HOA | $2320.0 | $2.2K | 67% |
| Days on market | 54 | 207 | 11% |
Mar 15, 2026
$2,499,999
$2,995,000
-17% Price Drop
Initial Listing
Feb 27, 2026
$2,995,000
Initial Listing
Mar 23, 2015
$1,298,000
Public Record
Dec 27, 2012
$950,500
Public Record
Oct 6, 2004
$860,000
Public Record