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

1037 21st Street, Santa Monica, California 90403 home-pic-0
ACTIVE$4,950,000
1037 21st Street, Santa Monica, California 90403
4Beds
5Baths
3,248Sqft
9,437Lot
Year Built
2020
Close
-
List price
$4.95M
Original List price
$5.2M
Price/Sqft
$1,524
HOA
$518.33
Days on market
-
Sold On
-
MLS number
24467563
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Mountain(s), Ocean
Deck
Patio
ViewCity Lights,Coastline,Mountain(s),Ocean

About this home

We found 4 Cons,5 Pros. Rank: price - $4.95M(98th), sqft - 3248(98th), beds - 4(96th), baths - 5(98th).

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.

Price History

Date
Event
Price
03/19/25
Sold
$4,888,500
Condition Rating
Excellent

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.
Pros & Cons

Pros

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.
Expansive Rooftop Deck with Panoramic Views: Boasts a 1,000-square-foot rooftop deck with an outdoor kitchen, solar panel trellis, and stunning panoramic views of the ocean, city lights, coastline, and mountains.
High-End Interior Finishes & Gourmet Kitchen: Features 10-foot ceilings, floor-to-ceiling Fleetwood doors, electric skylights, Ortel fireplaces, designer fixtures, and a gourmet kitchen outfitted with Sub-Zero, Miele, and Wolf appliances.

Cons

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.
Limited Private Ground-Level Outdoor Space: Despite the expansive rooftop deck, the townhome format typically means a lack of a private, ground-level backyard or garden, which some luxury buyers may prefer for traditional outdoor living or pets.

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