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2515 Marguerita Avenue, Santa Monica, California 90402, Santa Monica, 90402 - 4 bed, 5 bath

2515 Marguerita Avenue, Santa Monica, California 90402 home-pic-0
ACTIVE$8,250,000
2515 Marguerita Avenue, Santa Monica, California 90402
4Beds
5Baths
3,238Sqft
8,716Lot

Price Vs. Estimate

The estimated value ($7,204,164.27) is $1,045,835.73 (12%) lower than the list price ($8,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Franklin Elementary School (9/10).
Top Cons:
Premium Pricing: The list price of $8.25 million is 12% above the estimated property value, which may position it at the higher end of the market and potentially limit the buyer pool.

Compared to the nearby listings

Price:$8.25M vs avg $5.50M (+$2,750,000)83%
Size:3,238 sqft vs avg 3,155 sqft52%
Price/sqft:$2.5K vs avg $1.7K92%

More Insights

Built in 2025 (0 years old).
Condition: This property is a brand-new construction, built in 2025, which immediately places it in the 'Excellent' category. The description highlights a 'chef's kitchen with Sub-Zero, Viking, and Miele appliances,' indicating top-tier, modern features. The images showcase contemporary design with high-quality finishes, including herringbone wood flooring, stylish light fixtures, vaulted ceilings with exposed beams, and modern cabinetry. All components are new, meeting current quality standards with no deferred maintenance, making it move-in ready with the highest level of quality and modern amenities.
Year Built
2025
Close
-
List price
$8.25M
Original List price
$8.25M
Price/Sqft
$2,548
HOA
-
Days on market
-
Sold On
-
MLS number
25522655
Home ConditionExcellent
Features
Good View:
Pool
Patio
View

About this home

Tucked away on a quiet, tree-lined street North of Montana, 2515 Marguerita Avenue offers a refined blend of coastal ease and architectural elegance. This brand-new, single-level home unfolds across 3,238 square feet, including a fully equipped guest house. Inside, the open living spaces invite soft light through expansive windows. Beam ceilings, a chef's kitchen with Sub-Zero, Viking, and Miele appliances, and serene indoor-outdoor flow make everyday living feel like a retreat. Each of the four ensuite bedrooms three in the main residence and one in the guest house offers garden views and walk-in closets. A private, gated entry leads to a landscaped yard with a pool, terrace, and generous porch ideal for warm Santa Monica evenings. Moments from Montana Avenue's shops and cafes, and just blocks from the beach and top-rated schools, this home balances privacy, comfort, and an effortless sense of place.

Nearby schools

9/10
Franklin Elementary School
Public,•PK-5•0.3mi
5/10
Brentwood Science School
Public,•K-5•0.8mi
8/10
Roosevelt Elementary School
Public,•K-5•1.4mi
8/10
Lincoln Middle School
Public,•6-8•1.1mi
8/10
Santa Monica High School
Public,•9-12•2.3mi

Price History

Date
Event
Price
12/22/22
Sold
$4,300,000
05/28/08
Sold
$1,575,000
Condition Rating
Excellent
This property is a brand-new construction, built in 2025, which immediately places it in the 'Excellent' category. The description highlights a 'chef's kitchen with Sub-Zero, Viking, and Miele appliances,' indicating top-tier, modern features. The images showcase contemporary design with high-quality finishes, including herringbone wood flooring, stylish light fixtures, vaulted ceilings with exposed beams, and modern cabinetry. All components are new, meeting current quality standards with no deferred maintenance, making it move-in ready with the highest level of quality and modern amenities.
Pros & Cons

Pros

Great Schools: Elementary School: Franklin Elementary School (9/10).
Brand New Construction: Built in 2025, this is a brand-new, single-level home offering modern design, systems, and finishes, eliminating the need for immediate renovations.
Prime Location: Situated on a quiet, tree-lined street North of Montana, the property boasts a highly desirable Santa Monica address, moments from Montana Avenue's shops, cafes, the beach, and top-rated schools.
Luxury Amenities & Finishes: Features include a chef's kitchen with high-end Sub-Zero, Viking, and Miele appliances, beam ceilings, expansive windows, and a private, landscaped yard with a pool and terrace.
Versatile Guest House: The property includes a fully equipped guest house, providing excellent flexibility for visitors, a home office, or potential rental income.
Thoughtful Layout & Privacy: A single-level design with four ensuite bedrooms (each with garden views and walk-in closets) and a private, gated entry ensures comfort, convenience, and seclusion.

Cons

Premium Pricing: The list price of $8.25 million is 12% above the estimated property value, which may position it at the higher end of the market and potentially limit the buyer pool.
Lack of Explicit Cooling System: The description highlights 'warm Santa Monica evenings' and indoor-outdoor flow but does not explicitly mention a central air conditioning system, which is a standard expectation for new luxury homes in this climate.
Limited View Potential: While bedrooms offer 'garden views,' the property does not appear to feature the more highly sought-after panoramic ocean or city views that can significantly enhance value in the Santa Monica luxury market.

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