143 Marguerita Avenue, Santa Monica, California 90402, Santa Monica, 90402 - 6 bed, 6 bath
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Santa Monica, California 90402
This Ocean-View Coastal Estate is listed at $12,500,000, positioned well below the $12,576,663 Fair Market Value by 1%. Offering $76,663 in Instant Equity, the property maintains a Good Condition Rating with a high-end Chef’s Kitchen featuring La Cornue appliances and marble counters. The expansive 14,626 sq ft lot serves as a private sanctuary with a pool, spa, and detached guest house, just blocks from Franklin Elementary (9/10) and Lincoln Middle (8/10). This is a premier lifestyle residence for Luxury Homeowners or Owner-Occupants seeking a refined Santa Monica retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 143 Marguerita Avenue Subject | $11,999,000* List Price | 6 | 6 | 5,898 | $1,832 | - |
A 831 Georgina Avenue Sold | $11,213,000 | 5 | 6 | 7,322 | $1,531 | 0.6 mi |
B 1202 San Vicente Boulevard Active | $8,595,000 List Price | 6 | 7 | 6,000 | $1,433 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1987, the home is well-maintained and move-in ready. While the chef's kitchen was excellently renovated within the last 6 years with premium appliances, the listing explicitly mentions that several bathrooms are dated and need personalization. This mix of a modern kitchen with older bathrooms and 30+ year old systems fits the 'Good' criteria.
Elementary School: Franklin Elementary School (9/10).
Situated just four properties from Ocean Avenue on a rare 14,626 sq ft lot, this estate offers an expansive footprint and prestigious positioning on one of Santa Monica's most sought-after palm-lined streets.
The property features a detached guest house with its own entrance and garage, plus a separate pool house with a sauna, providing exceptional flexibility for multi-generational living or high-end hosting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5898, other record living area = 4956. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
While the kitchen has been modernized, several bathrooms are noted as needing updates, which may require additional immediate capital investment to meet the standards of a luxury buyer.
Built in 1987, the home's overall aesthetic and certain original finishes may feel dated to buyers seeking the ultra-modern new construction often found at this $12.5M price point.
143 Marguerita Ave presents an exceptional opportunity on one of Santa Monica's most desirable streets, just four properties from Ocean Avenue, on an expansive, tennis-court-sized 14,626 sq ft lot along a wide, palm-tree-lined street. This beautifully appointed 6-bedroom, 8-bath ocean-view residence spans nearly 5,900 sq ft of elegant living space, designed for both grand entertaining and everyday comfort. Highlights include a dramatic entry with a sweeping staircase, over-scale light-filled formal living and dining rooms with soaring ceilings, and a thoughtfully designed floor plan with multiple en-suite bedrooms. The main level features a wood-paneled library or office and separate staff or guest quarters. The chef's kitchen, remodeled within the last six years, showcases marble countertops, custom cabinetry, and premium Sub-Zero and La Cornue appliances, opening to a bright breakfast area and spacious family room overlooking the grounds. Upstairs, the expansive primary suite offers a private retreat with ocean views and an oversized walk-in closet and dressing room area, complemented by three additional bedrooms. Some bathrooms offer the opportunity for a buyer to update and personalize them to their taste. The private resort-style backyard is a true sanctuary with mature landscaping, numerous fruit trees, and lush high hedging providing total privacy. It features a lap pool, hot tub, and a separate pool house with a sauna and shower, along with multiple areas for outdoor dining and lounging, including a pergola-covered patio. A detached guest house at the rear of the lot with its own entrance and garage adds flexibility and value, while the main house offers a 3-car subterranean garage with substantial storage. Additional features include hardwood flooring throughout most of the home, three fireplaces, central HVAC, central vacuum, and a well-maintained concrete shingle roof, all just moments from the beach, renowned restaurants, Palisades Park, premier shopping in the heart of Santa Monica, and the iconic Santa Monica Pier.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades PK-5 • 1.7 mi
Grades K-5 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.5 | 91% |
| Baths | 6.0 | 4.0 | 74% |
| Square foot | 5,898 | 2,739 | 93% |
| Lot Size | 14,727 | 8,691.5 | 83% |
| Price | $12.00M | $5.10M | 93% |
| Price per sq ft | $2.0K | $2.0K | 52% |
| Built year | 1987 | 1944 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 113 | 13% |
Jun 1, 2026
$11,999,000
$12,500,000
-4% Price Drop
Initial Listing
Apr 21, 2026
$12,500,000
Initial Listing