2203 3rd Street 1, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 3 bath

2203 3rd Street 1, Santa Monica, California 90405 home-pic-0
ACTIVE$2,200,000
2203 3rd Street 1, Santa Monica, California 90405
2Beds
3Baths
2,117Sqft
22,510Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Situated in a highly coveted Santa Monica location, moments from the beach and the vibrant Main Street, offering unparalleled access to coastal living and urban amenities.
Top Cons:
High Monthly Association Fee: The property carries a substantial monthly association fee of $1,000, which adds a significant ongoing cost to homeownership.

Compared to the nearby listings

Price:$2.20M vs avg $1.58M (+$622,500)67%
Size:2,117 sqft vs avg 1,813 sqft67%
Price/sqft:$1.0K vs avg $97367%

More Insights

Built in 1999 (26 years old).
Condition: This property, built in 1999, has clearly undergone a recent and extensive high-quality renovation, as described by 'meticulously updated' and 'thoughtful upgrades abound.' The kitchen features modern light grey shaker cabinets, white subway tile backsplash, dark contemporary countertops, and high-end stainless steel appliances including a professional-style range and a large French-door refrigerator, all in excellent condition. The bathrooms showcase modern floating vanities, rectangular undermount sinks, contemporary faucets, and clean subway tiling in the showers. Rich hardwood floors are present throughout the main living areas and bedrooms, appearing new or virtually new. Lighting consists of modern recessed fixtures, stylish pendant lights, and contemporary ceiling fans. There are no visible carpets. The overall aesthetic is very current and shows no signs of wear or deferred maintenance, meeting current quality standards.
Year Built
1999
Close
-
List price
$2.2M
Original List price
$2.35M
Price/Sqft
$1,039
HOA
$1,000
Days on market
-
Sold On
-
MLS number
SR25160569
Home ConditionExcellent
Features
Excellent View: Coastline, Ocean, Water
Deck
Patio
ViewCoastline, Ocean, Water

About this home

Introducing an exceptional opportunity for the discerning buyer seeking refined coastal living. This exquisite, corner townhome—masterfully designed by acclaimed architect William Brantley—offers a rare blend of sophistication, privacy, and sweeping ocean views. Enjoy the ambiance of a single-family residence with the convenience of townhome living, just moments from the beach and the vibrant energy of Santa Monica’s Main Street. Whether you’re savoring a quiet morning coffee or hosting an elegant evening gathering, five private outdoor spaces—including a spectacular rooftop terrace—provide the perfect setting for relaxation and entertaining. Inside, the residence is bathed in natural light from dramatic two-story ceilings, creating an airy, inviting atmosphere. The flexible layout features two spacious bedrooms, a versatile loft, and two and a half beautifully appointed bathrooms. The gourmet kitchen is a chef’s delight, seamlessly connecting to the open dining area and patio for effortless indoor-outdoor living. Thoughtful upgrades abound, including rich hardwood floors, designer finishes. A private, direct-access two-car garage, generous walk-in closets, and ample storage further enhance the home’s appeal. This is a rare chance to own a meticulously updated, architecturally significant home in one of Santa Monica’s most coveted locations—crafted for those who demand the very best.

Price History

Date
Event
Price
07/24/20
Sold
$2,075,000
11/09/10
Sold
$1,150,000
03/17/06
Sold
$1,445,000
04/30/04
Sold
$1,200,000
10/10/01
Sold
$840,000
Condition Rating
Excellent

This property, built in 1999, has clearly undergone a recent and extensive high-quality renovation, as described by 'meticulously updated' and 'thoughtful upgrades abound.' The kitchen features modern light grey shaker cabinets, white subway tile backsplash, dark contemporary countertops, and high-end stainless steel appliances including a professional-style range and a large French-door refrigerator, all in excellent condition. The bathrooms showcase modern floating vanities, rectangular undermount sinks, contemporary faucets, and clean subway tiling in the showers. Rich hardwood floors are present throughout the main living areas and bedrooms, appearing new or virtually new. Lighting consists of modern recessed fixtures, stylish pendant lights, and contemporary ceiling fans. There are no visible carpets. The overall aesthetic is very current and shows no signs of wear or deferred maintenance, meeting current quality standards.
Pros & Cons

Pros

Prime Coastal Location: Situated in a highly coveted Santa Monica location, moments from the beach and the vibrant Main Street, offering unparalleled access to coastal living and urban amenities.
Sweeping Ocean Views & Outdoor Living: Boasts sweeping ocean, coastline, and water views, complemented by five private outdoor spaces, including a spectacular rooftop terrace, ideal for relaxation and entertaining.
Architectural Significance & Design: Masterfully designed by acclaimed architect William Brantley, featuring dramatic two-story ceilings and abundant natural light, creating an airy and sophisticated ambiance.
Luxury Features & Upgrades: Meticulously updated with a gourmet kitchen, rich hardwood floors, designer finishes, a private direct-access two-car garage, and ample storage, catering to a discerning buyer.
Single-Family Residence Ambiance: Offers the privacy and spaciousness of a single-family residence, enhanced by its corner townhome position, combined with the convenience of townhome living.

Cons

High Monthly Association Fee: The property carries a substantial monthly association fee of $1,000, which adds a significant ongoing cost to homeownership.
Recent Price Reductions: The listing has undergone multiple price reductions from its original list price of $2.345M to the current $2.2M, potentially indicating market resistance or an initial overvaluation.
Limited Dedicated Bedrooms: With only two dedicated bedrooms (plus a versatile loft) for a property at this price point and square footage, it may not meet the needs of buyers requiring more traditional bedroom configurations or larger families.

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