143 Ocean Avenue Ext, Santa Monica, California 90402, Santa Monica, 90402 - 4 bed, 7 bath

143 Ocean Avenue Ext, Santa Monica, California 90402 home-pic-0
ACTIVE$5,995,000$6,230/sqft
Est. Value: $6,621,864
10%
BelowEstimate
143 Ocean Avenue Ext, Santa Monica, California 90402
4Beds
7Baths
6,230Sqft
6,120Lot

Price Vs. Estimate

The estimated value ($6,621,863.53) is $626,863.53 (10%) higher than the list price ($5,995,000). This property may be underpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Franklin Elementary School (9/10).
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 6230, other record living area = 4994.

Compared to the nearby listings

Price:$6.00M vs avg $5.50M (+$495,000)60%
Size:6,230 sqft vs avg 3,163 sqft93%
Price/sqft:$962 vs avg $1.7K12%

More Insights

Built in 1984 (42 years old).
Condition: Despite being built in 1984, this property has undergone extensive and recent renovations. The listing explicitly mentions a 'new elevator,' 'solar panels,' and '3-zone HVAC,' indicating significant system upgrades. Images showcase wide-plank hardwood floors throughout, high ceilings, and modern light fixtures. The kitchen features high-end stainless steel Viking appliances, granite countertops, and clean white cabinetry, all in excellent, virtually new condition. Bathrooms are bright, updated, and well-maintained with modern fixtures. The overall aesthetic is contemporary and pristine, reflecting a property that has been fully renovated to current quality standards with no visible deferred maintenance.
Year Built
1984
Close
-
List price
$6M
Original List price
$6M
Price/Sqft
$962
HOA
-
Days on market
-
Sold On
-
MLS number
26638497
Home ConditionExcellent
Features
Excellent View: Bay, Coastline, Canyon, Mountain(s), Ocean, Panoramic
Deck
Pool
Spa
Patio
ViewBay, Coastline, Canyon, Mountain(s), Ocean, Panoramic

About this home

Experience breathtaking ocean and canyon views from nearly every room of this exceptional Santa Monica trophy home. Incredible value at only $962/sqft! Why pay thousands in monthly HOA fees for an Ocean Ave condo when you can own a single family home for far less? Just a block from Palisades Park and moments from the beach, this 6,200+ sqft residence offers the ultimate blend of luxury, comfort, and California coastal living. Designed for flexibility, the home features four bedrooms, a new elevator, and high ceilings that highlight sunlit spaces and expansive art walls. The open-concept living, dining, and family rooms each capture sweeping views of the Pacific Ocean and Santa Monica Bay, complemented by wide-plank hardwood floors, large balconies, remote shades, solar panels, and 3-zone HVAC.The primary suite showcases panoramic ocean views, a fireplace, sitting area, private deck, dual bathrooms, and generous closet space. A separate guest wing with private entry is ideal for a home office or ADU. Additional highlights include a game/media room, gated parking with attached garage, and an 820 sqft bonus space below the main residence which is perfect for a studio, gym, or creative workspace. Step outside to relax poolside on the lap pool and spa deck, soak in stunning sunsets, and enjoy easy beach access through the nearby pedestrian tunnel, just one block away! A stunning combination of scale, setting, and views makes this beachy home truly one-of-a-kind on Ocean Avenue Extension!

J
John Hathorn
Listing Agent

Nearby schools

8/10
Roosevelt Elementary School
Public,K-50.8mi
9/10
Franklin Elementary School
Public,PK-51.9mi
5/10
Brentwood Science School
Public,K-52.8mi
8/10
Lincoln Middle School
Public,6-81.5mi
8/10
Santa Monica High School
Public,9-122.1mi

Price History

Date
Event
Price
10/06/00
Sold
$3,295,000
06/08/98
Sold
$1,955,000
Condition Rating
Excellent

Despite being built in 1984, this property has undergone extensive and recent renovations. The listing explicitly mentions a 'new elevator,' 'solar panels,' and '3-zone HVAC,' indicating significant system upgrades. Images showcase wide-plank hardwood floors throughout, high ceilings, and modern light fixtures. The kitchen features high-end stainless steel Viking appliances, granite countertops, and clean white cabinetry, all in excellent, virtually new condition. Bathrooms are bright, updated, and well-maintained with modern fixtures. The overall aesthetic is contemporary and pristine, reflecting a property that has been fully renovated to current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Franklin Elementary School (9/10).
Unparalleled Location & Views: Experience breathtaking ocean and canyon views from nearly every room, coupled with an exceptional location just one block from Palisades Park and moments from the beach with easy pedestrian tunnel access.
Exceptional Scale & Versatility: A sprawling 6,200+ sqft residence featuring four bedrooms, a separate guest wing with private entry (ideal for ADU/office), and an 820 sqft bonus space for a studio, gym, or creative use, offering immense functional flexibility.
Luxury Amenities & Modern Comforts: Equipped with a new elevator, high ceilings, wide-plank hardwood floors, large balconies, remote shades, solar panels, 3-zone HVAC, and a private lap pool and spa deck, ensuring a high standard of living.
Strong Value Proposition: Priced at an incredible $962/sqft, this single-family home offers superior value compared to Ocean Avenue condos, avoiding thousands in monthly HOA fees.
Luxurious Primary Suite & Entertainment: The primary suite boasts panoramic ocean views, a fireplace, sitting area, private deck, dual bathrooms, and generous closet space, complemented by a dedicated game/media room for entertainment.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 6230, other record living area = 4994.
Potential for High Maintenance Costs: A property of this size (6,200+ sqft) with extensive luxury amenities including a lap pool, spa, elevator, and multiple HVAC zones will likely incur significant ongoing maintenance and utility expenses.
Limited Private Green Space: While offering a pool deck and proximity to a park, the property description does not emphasize a large, private yard or garden, which some luxury buyers may desire for extensive outdoor living beyond the pool area.
Traffic/Noise Exposure: Located on Ocean Avenue Extension, a prominent thoroughfare, the property may experience higher levels of traffic noise and activity, potentially impacting the tranquility of the outdoor spaces despite the oceanfront appeal.
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