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

424 Marguerita Avenue, Santa Monica, California 90402 home-pic-0
ACTIVE$10,495,000
424 Marguerita Avenue, Santa Monica, California 90402
4Beds
5Baths
5,796Sqft
11,377Lot
Year Built
1990
Close
-
List price
$10.49M
Original List price
$10.99M
Price/Sqft
$1,811
HOA
-
Days on market
-
Sold On
-
MLS number
25522905
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $10.49M(90th), sqft - 5796(94th), beds - 4(50th), baths - 5(68th).

Situated in a coveted Santa Monica enclave, on one of the most desired streets in the city, this timeless Mediterranean estate offers elegant coastal living just moments from the ocean. Step into a sumptuous living room with soaring two-story ceilings, a dramatic fireplace, and abundant natural light. The formal dining room exudes classic sophistication ideal for refined entertaining. The expansive primary suite is a true retreat, featuring a cozy sitting area and its own fireplace. Two additional en-suite bedrooms offer privacy and comfort, while a separate guest house is its own private suite perfect for visitors or extended stays. A warm and inviting library /media room with custom built-ins and a fireplace adds to the home's charm. There is also a dedicated office room for work or study. The kitchen is complete with a sunlit breakfast area, center island, and a well-appointed butler's pantry. Additional highlights include a bonus room, oak hardwood floors, and a total of three fireplaces. Outside, a tranquil patio which overlooks a lush garden, sparkling pool and spa with cascading waterfalls is your idyllic setting for both relaxation and entertaining. The interiors have been thoughtfully refreshed with designer-selected paint, refinished hardwood floors, and luxurious new carpeting, while the grounds have been completely reimagined with all-new, professional landscaping. Indulge in this rare blend of refined living and an unbeatable location, where the scent of salt air greets you with every dawn. Just moments from the beach, mornings here are marked by gentle ocean breezes, the distant sound of waves, and refreshing coastal light that fills the home bringing a sense of serenity that only near seaside living can offer.

Nearby schools

8/10
Roosevelt Elementary School
Public,K-50.4mi
9/10
Franklin Elementary School
Public,PK-51.5mi
5/10
Brentwood Science School
Public,K-52.4mi
8/10
Lincoln Middle School
Public,6-81.0mi
8/10
Santa Monica High School
Public,9-121.7mi

Price History

Date
Event
Price
10/24/25
Price Change
$10,495,000-4.5%
04/11/25
$10,995,000
02/28/19
Sold
$6,500,000
07/18/17
Sold
$650,000
02/15/06
Sold
$4,500,000
Condition Rating
Excellent

Despite being built in 1990, the property has undergone extensive and high-quality recent renovations. The description explicitly states 'thoughtfully refreshed with designer-selected paint, refinished hardwood floors, and luxurious new carpeting,' and 'grounds have been completely reimagined.' The images confirm this, showcasing virtually new, luxurious bathrooms with modern fixtures and high-end materials, and an updated, well-appointed kitchen with a large island and professional-grade appliances. All visible components, including flooring, light fixtures, and overall finishes, meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Franklin Elementary School (9/10).
Prime Coastal Location: Unbeatable location in a coveted Santa Monica enclave, moments from the ocean, offering serene coastal living with ocean breezes and light.
Luxurious Mediterranean Estate: Timeless Mediterranean architecture with elegant interiors, soaring two-story ceilings, multiple fireplaces, and designer-selected finishes.
Extensive Amenities & Layout: Features include a separate guest house, dedicated office, library/media room, bonus room, and a well-appointed kitchen with a butler's pantry.
Resort-Style Outdoor Living: Tranquil patio overlooking a lush garden, sparkling pool, spa with cascading waterfalls, ideal for relaxation and entertaining.
Recent High-End Refresh: Thoughtfully refreshed interiors with new paint, refinished hardwood floors, luxurious carpeting, and completely reimagined professional landscaping.

Cons

Lack of Ocean View: Despite being moments from the ocean, the property description explicitly states 'view: None', which could be a significant drawback for a luxury coastal estate.
Potential for Systemic Updates: Built in 1990, while cosmetically refreshed, the property may require updates to major systems (e.g., HVAC, plumbing, electrical) not explicitly mentioned as upgraded.
Recent Price Reduction: A recent price drop from $10.995M to $10.495M suggests potential market resistance or an initial overestimation of value, which could impact buyer perception.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state