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

416 21st Place, Santa Monica, California 90402 home-pic-0

416 21st Place

Santa Monica, California 90402

ACTIVE
CONDITION: EXCELLENT
6Beds
8Baths
6,370Sq Ft
9,020Lot Size

Property Price

LIST PRICE$13,995,000
EST. MARKET VALUE
$13,260,396
5% AboveMARKET VALUE

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

$13,260,396
Based on Realkey algorithm analyzing recent comparable sales in Santa Monica.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
416 21st Place
Subject
$13,995,000*
List Price
686,370$2,082-
A
409 21st Street
Active
$11,995,000
List Price
476,860$1,7490.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

9/10

Roosevelt Elementary School

Grades K-5 • 1.1 mi

8/10

Brentwood Science School

Grades K-5 • 1.2 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds6.04.0
89%
Baths8.04.0
96%
Square foot6,3703,163
96%
Lot Size9,0208,693
64%
Price$13.99M$5.10M
91%
Price per sq ft$2.2K$1.7K
73%
Built year20241948
96%
HOA$0$0
50%
Days on market127183
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

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