1037 21st Street, Santa Monica, California 90403, Santa Monica, 90403 - 4 bed, 5 bath

1037 21st Street, Santa Monica, California 90403 home-pic-0

1037 21st Street

Santa Monica, California 90403

ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
3,248Sq Ft
9,437Lot Size

Property Price

LIST PRICE$4,950,000

SUMMARY

Analysis of 1037 21st Street, Santa Monica, California 90403 is currently available with a list price of $4,950,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property was built in 2020, making it a newly constructed home. The listing highlights 'imported finishes,' 'energy-efficient solar technology,' 'state-of-the-art smart-home features,' and a 'gourmet kitchen' outfitted with high-end Sub-Zero, Miele, and Wolf appliances. The primary suite boasts a 'spa-inspired bathroom.' Images confirm a pristine, modern aesthetic with light wood flooring, contemporary light fixtures, and high-quality materials throughout. All components are new or virtually new, reflecting current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Santa Monica Location

    Situated in the highly desirable heart of Santa Monica, moments from Montana Avenue, offering unparalleled access to premier shopping, dining, and coastal living.

  • New Construction & Modern Luxury

    A newly constructed (2020) luxury townhome featuring contemporary design, exceptional craftsmanship, and imported finishes, epitomizing refined living.

  • Advanced Sustainability & Smart Home Features

    Equipped with energy-efficient solar technology, dual Tesla storage batteries, an EV charging station, and state-of-the-art smart-home features for modern, sustainable living.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-03-19. The sold price is $4,888,500.00.

  • High Price Point & Market Adjustments

    The property's current list price of $4.95M, following a reduction from an original $5.199M, indicates a premium valuation that may limit the buyer pool and suggests previous market resistance.

  • Monthly Homeowners Association (HOA) Dues

    As a condominium/townhome, the property incurs a significant monthly association fee of $518.33, which is an ongoing cost in addition to the mortgage and property taxes.

About 1037 21st Street

Located in the highly desirable heart of Santa Monica, just moments from the bustling Montana Avenue, this luxury townhome at Terrapin Crossings epitomizes contemporary, refined living. Thoughtfully designed with exceptional craftsmanship, this newly constructed home boasts imported finishes, energy-efficient solar technology, and state-of-the-art smart-home features.Spanning over 3,300 square feet, the residence offers a spacious layout with four bedrooms, five bathrooms, and an expansive 1,000-square-foot rooftop deck. Perfect for entertaining, the rooftop features an outdoor kitchen, a solar panel trellis, and stunning views of the ocean and city.Inside, the home is defined by 10-foot ceilings and a bright, open floor plan accented by premium features such as floor-to-ceiling Fleetwood doors, electric skylights, Ortel fireplaces, and designer fixtures. The gourmet kitchen is a chef's dream, outfitted with Sub-Zero, Miele, and Wolf appliances. The tranquil primary suite includes a spa-inspired bathroom and a custom walk-in closet for ultimate luxury.Built with sustainability in mind, the property includes dual Tesla storage batteries, an oversized private garage with an EV charging station, and a robust security system. This exceptional residence is within close proximity of Santa Monica's premier shopping and dining, offering a rare opportunity to enjoy the best of coastal living.

Property Details

Public Facts

Property Type
Condominium
Year Built
2020
Lot Size
9,437 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$518.33 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.02.0
96%
Baths5.03.0
98%
Square foot3,2481,410
98%
Lot Size9,4377,754
62%
Price$4.95M$1.44M
98%
Price per sq ft$1.5K$994
98%
Built year20201976
98%
HOA$518.33$600
34%
Days on market458172
98%

Pricing History

Sold

Mar 19, 2025

$4,888,500

Public Record

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