416 21st Place, Santa Monica, California 90402, Santa Monica, 90402 - 6 bed, 8 bath

416 21st Place
Santa Monica, California 90402
Property Price
SUMMARY
Analysis of 416 21st Place, Santa Monica, California 90402 reveals a property with a current list price of $13,995,000, which is 5% above the estimated $13,260,396 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 Santa Monica 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 |
|---|---|---|---|---|---|---|
★ 416 21st Place Subject | $13,995,000* List Price | 6 | 8 | 6,370 | $2,082 | - |
A 409 21st Street Active | $11,995,000 List Price | 4 | 7 | 6,860 | $1,749 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2024, making it brand new. The description highlights extensive luxury features, top-of-the-line appliances in the gourmet kitchen with marble countertops, and a Savant whole-home automation system. Images confirm pristine, modern finishes throughout, including light wood flooring, contemporary light fixtures, and a state-of-the-art home theater. All components are new, meeting the highest quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Prime North of Montana Location
Situated on a quiet, tree-lined street in the highly coveted North of Montana area of Santa Monica, offering prestige and desirability.
- Brand New Construction & Luxury Finishes
Built in 2024, this home boasts modern design, soaring 10-foot ceilings, custom owner upgrades like Venetian plaster, designer window treatments, and a Savant whole-home automation system.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-02-18. The sold price is $12,500,000.00.
- Significant Price Discrepancy
The current list price of $13.995M is approximately 12% higher than the estimated property value of $12.66M, which may indicate an overvaluation relative to market analytics.
- Recent Price Reduction
A recent price drop from $14.495M to $13.995M suggests the initial pricing strategy may have been too aggressive, potentially signaling a need for further adjustments to align with buyer expectations.
About 416 21st Place
This Elegant Contemporary Traditional home is move in ready, as in, all you need to bring is your toothbrush! Located on a quiet and beautiful, tree lined street north of Montana Avenue in prime Santa Monica, this coveted home is filled with natural light, featuring soaring 10 foot ceilings and large windows, letting the sun shine in. The seamless indoor-outdoor flow creates an ideal setting for living and entertaining, with a sparkling pool and spa, waterfall, grassy area, built in BBQ and outdoor heaters to enjoy the peaceful and private backyard year round. The kitchen, a gourmet chef's delight, features marble countertops, an expansive island, double ovens, and top-of-the-line appliances. 6 Bedrooms, 8 bathrooms are ample room for the whole family- the primary suite showcasing vaulted ceilings, a cozy fireplace and french doors leading to a terrace. A whole home theater, gym, wine cellar and in-law suite compliment the open and light basement, which is accessible from the elevator accessing all 3 floors. Home was purchased brand new, and the owners put in all of the finishing touches- custom window treatments, designer runners, venetian plaster, lush landscaping, Savant whole home automation system with security cameras, automated gate and pedestrian gate, etc etc. Option for the perfect buyer to buy the home furnished. Welcome to 416 21st Place, truly a blend of luxury, comfort and sophistication!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 9,020 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 8 (8 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Monica Unified Schools
Franklin Elementary School
Grades PK-5 • 0.5 mi
Roosevelt Elementary School
Grades K-5 • 1.1 mi
Brentwood Science School
Grades K-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 89% |
| Baths | 8.0 | 4.0 | 96% |
| Square foot | 6,370 | 3,163 | 96% |
| Lot Size | 9,020 | 8,693 | 64% |
| Price | $13.99M | $5.10M | 91% |
| Price per sq ft | $2.2K | $1.7K | 73% |
| Built year | 2024 | 1948 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 127 | 183 | 20% |
Pricing History
Listed for Sale
Nov 20, 2025
$13,995,000
$14,495,000
-3% Price Drop
Initial Listing
Price Change
Oct 30, 2025
$14,495,000
Initial Listing
Sold
Feb 18, 2025
$12,500,000
Public Record
Sold
Oct 31, 2008
$2,185,000
Public Record


















































