15 Reef Street, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 5 bed, 5 bath
15 Reef Street
Marina Del Rey, California 90292
Property Price
SUMMARY
Analysis of 15 Reef Street, Marina Del Rey, California 90292 reveals a property with a current list price of $5,099,000, which is 14% above the estimated $4,450,505 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 Marina Del Rey 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15 Reef Street Subject | $5,099,000* List Price | 5 | 5 | 5,036 | $884 | - |
A 5106 Pacific Avenue Sold | $3,925,000 | 5 | 6 | 4,817 | $815 | 0.1 mi |
B 138 Voyage Mall Active | $4,179,000 List Price | 4 | 5 | 4,882 | $856 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property underwent an extensive luxury renovation in Summer 2024, featuring a high-end 'Tulum-inspired' aesthetic. It boasts a chef's kitchen with custom cabinetry and integrated appliances, spa-like bathrooms, a private elevator, and premium finishes throughout. All components are virtually new, meeting the highest quality standards for a turnkey coastal residence.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Outdoor Living
The property features over 1,300 square feet of outdoor space, including a massive 1,000-square-foot rooftop deck equipped with a spa and fireplace, offering premier coastal entertaining capabilities.
- Recent Luxury Remodel
Newly renovated in Summer 2024, this turnkey residence boasts a sophisticated 'Tulum-inspired' aesthetic, a private elevator servicing all four levels, and a high-end chef's kitchen with custom cabinetry.
- Rare Parking Capacity
The inclusion of a subterranean four-car garage is an exceptional rarity for the Marina Peninsula, providing significant utility and value in a high-density beachside location.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5036, other record living area = 4174. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3149, living area = 5036.
- High Lot Coverage
With a 5,036-square-foot structure on a 3,149-square-foot lot, the property lacks traditional ground-level yard space, relying entirely on vertical decks for outdoor activity.
About 15 Reef Street
Coastal Luxury Meets Tulum Tranquility. Welcome to the Marina Peninsula's most refined offering. A custom-designed beachside sanctuary newly remodeled in Summer 2024. This exquisite residence blends warmth, sophistication, and wellness effortlessly. An expansive permitted addition features a private elevator servicing all four levels, soaring ceilings, and over 1,300 additional square feet of outdoor space, including a stunning 1,000-square-foot rooftop deck complete with a spa and fireplace. Enjoy the 300-square-foot main-level lounge framed by oversized sliding glass walls, creating a seamless transition between indoor and outdoor living.The heart of the home boasts luminous, open-concept living spaces with rich natural wood accents and curated textures, anchored by a chef's dream kitchen featuring custom cabinetry and integrated appliances. Spa-like bathrooms provide a daily retreat, while the primary suite impresses with barrel-vaulted ceilings and breathtaking ocean views.The separate guest suite on the lower level includes a kitchenette, bathroom, and closetideal for visitors seeking privacy. Additional highlights include a rare subterranean 4-car garage. With unparalleled access to both the beach and marina, this property is a turnkey coastal escape that redefines luxury living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 3,149 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 69% |
| Baths | 5.0 | 4.0 | 75% |
| Square foot | 5,036 | 3,178 | 88% |
| Lot Size | 3,149 | 3,832 | 38% |
| Price | $5.10M | $3.15M | 94% |
| Price per sq ft | $1.0K | $1.0K | 56% |
| Built year | 1989 | 1969 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 204 | 6% |
Pricing History
Listed for Sale
Feb 9, 2026
$5,099,000
Initial Listing
Sold
Oct 28, 2021
$3,050,000
Public Record
Sold
Feb 19, 2021
$2,900,500
Public Record
Sold
Feb 18, 2015
$3,839,500
Public Record
Sold
Jun 28, 2002
$1,875,000
Public Record