1024 23rd Street, Santa Monica, California 90403, Santa Monica, 90403 - 4 bed, 5 bath

1024 23rd Street, Santa Monica, California 90403 home-pic-0
ACTIVE$6,949,000
1024 23rd Street, Santa Monica, California 90403
4Beds
5Baths
4,032Sqft
6,118Lot
Year Built
2009
Close
-
List price
$6.95M
Original List price
$6.95M
Price/Sqft
$1,723
HOA
-
Days on market
-
Sold On
-
MLS number
25512295
Home ConditionExcellent
Features
Deck
Pool
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,5 Pros. Rank: price - $6.95M(93th), sqft - 4032(80th), beds - 4(50th), baths - 5(73th).

This charming New England Traditional home, crafted by renowned builder Mario Romano, best known for the iconic "Wave House" in Venice, is located on a peaceful street in the desirable Franklin School District of Santa Monica. Spanning 4,032 square feet, the property offers elegant East Coast character blended with laid-back California comfort. A fully fenced, grassy front yard welcomes you in, while classic touches like French doors and a thoughtfully designed layout create a timeless feel. Inside, you'll find 4 spacious bedrooms and 4.5 bathrooms. Upon entry, a grand staircase and an abundance of natural light set a warm, inviting tone. The formal dining room blends charm and sophistication with wainscoting and a coffered ceiling, while the office features custom built-ins and peaceful garden views, perfect for working or unwinding. The chef's kitchen flows effortlessly into the living area, enhanced by French doors that open to private outdoor spaces. Out back, a secluded pool with cover, a wooden entertainment deck, and two covered patios provide the ultimate setup for al fresco dining and relaxed gatherings. The primary suite serves as a sanctuary with its private patio, spacious bathroom, and large fitted wardrobe. Additional amenities include in-unit laundry, air conditioning, a two-car garage with Tesla/EV charging, and smart, stylish functionality throughout. Ideally located near Douglas Park, Whole Foods, and the shops and restaurants of Montana Avenue, this home offers a rare blend of elegance, comfort, and convenience. Experience the timeless sophistication of this impeccably designed Santa Monica gem for yourself.

Price History

Date
Event
Price
08/23/16
Sold
$3,675,000
08/08/07
Sold
$1,445,000
Condition Rating
Excellent

Built in 2009, this property, though 15 years old, presents in virtually new condition due to its exceptional build quality by a renowned builder and meticulous maintenance. The 'chef's kitchen' features high-end stainless steel appliances, classic white shaker cabinetry, and light stone countertops, all in pristine condition and meeting current luxury standards. Bathrooms are equally impressive with modern fixtures, luxurious freestanding tubs, glass-enclosed showers, and quality tiling. Hardwood floors throughout the main living areas, modern lighting, air conditioning, and EV charging further underscore its excellent, move-in ready state with no deferred maintenance.
Pros & Cons

Pros

Prime Location & Desirable School District: Located on a peaceful street in the highly desirable Franklin School District of Santa Monica, with excellent proximity to Douglas Park, Whole Foods, and the vibrant shops and restaurants of Montana Avenue.
Renowned Builder & Elegant Design: Crafted by renowned builder Mario Romano, this New England Traditional home offers elegant East Coast character blended with California comfort, featuring classic touches like French doors, wainscoting, and coffered ceilings.
Luxurious Outdoor Living: The property boasts exceptional outdoor amenities including a secluded pool with cover, a wooden entertainment deck, two covered patios for al fresco dining, and a fully fenced, grassy front yard.
Comprehensive Modern Amenities: Equipped with essential modern comforts such as air conditioning, in-unit laundry, a two-car garage with Tesla/EV charging, and smart, stylish functionality throughout.
Spacious & Well-Appointed Interior: Spanning 4,032 square feet with 4 spacious bedrooms and 4.5 bathrooms, featuring a chef's kitchen, formal dining room, dedicated office with custom built-ins, and a luxurious primary suite with a private patio.

Cons

High List Price vs. Estimated Value: The current listing price of $6.949M is significantly higher than the estimated property value of $6.14M, and also above recent comparable sales and new construction in the area, potentially limiting buyer interest.
Lack of Premium Views: The property description does not mention any notable views (e.g., ocean, city lights), which can be a highly sought-after premium feature in the Santa Monica market at this price point.
Potential for Higher Property Taxes: Given the substantial increase from the last recorded sale price of $3.675M in 2016 to the current listing, new owners will face significantly higher property tax assessments based on the new purchase price.

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