439 21st Street, Santa Monica, California 90402, Santa Monica, 90402 - 7 bed, 8 bath

439 21st Street, Santa Monica, California 90402 home-pic-0

439 21st Street

Santa Monica, California 90402

ACTIVE
CONDITION: EXCELLENT
7Beds
8Baths
8,200Sq Ft
8,937Lot Size

Property Price

LIST PRICE$19,995,000
EST. MARKET VALUE
$19,995,000

SUMMARY

Analysis of 439 21st Street, Santa Monica, California 90402 reveals a Fairly Priced Property with a current list price of $19,995,000  aligned with the estimated $19,995,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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

$19,995,000
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
439 21st Street
Subject
$19,995,000*
List Price
788,200$2,438-
A
627 17th Street
Active
$14,999,000
List Price
786,000$2,5000.3 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 is a brand-new luxury construction with an expected completion in Fall 2026. The description explicitly states 'state-of-the-art appliances' in the double-island kitchen and a 'chic, modern design' throughout. The provided renderings showcase contemporary finishes, new light wood flooring, modern recessed and accent lighting, and high-end features in all visible areas, including the kitchen, living spaces, and bedrooms. All components are new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Franklin Elementary School (9/10).

  • Prime Santa Monica Location & Ocean Views

    Situated in the highly coveted 90402 zip code, North of Montana Avenue, offering striking Pacific Ocean vistas, city lights, and calming ocean breezes.

  • Brand New Luxury Construction

    A masterfully designed, resort-inspired residence with expected completion in Fall 2026, featuring chic, modern architecture and an open floor plan.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-05-15. The sold price is $5,450,000.00.

  • Future Completion & Conceptual Stage

    The property is currently under construction with an expected completion in Fall 2026, and current visuals are renderings of a similar build, requiring buyers to purchase based on future plans.

  • Ultra-Luxury Price Point

    Listed at approximately $20 million, this extremely high price point significantly limits the potential buyer pool to a very niche market.

About 439 21st Street

Expected Completion: Fall 2026! Presenting a resort-inspired lifestyle at the prestigious and modern ENCORE, a masterfully designed residence situated in one of the most renowned zip codes in Southern California, 90402, north of Montana Avenue. From this highly coveted 21st Street location, behold striking vistas of the Pacific and discover calming ocean breezes amidst prime shopping and fine dining. This serene sanctuary affords absolute luxury, offering a unique design with an open floor plan and world-class amenities. There are seven bedrooms, seven bathrooms, a powder room, elevator, double-island kitchen fitted with state-of-the-art appliances, two wet bars, four fireplaces, and folding doors that open to invite gentle ocean winds within. Experience a life rich in comfort and leisure with an expansive rooftop deck, standalone 1,000-square-foot two-story ADU, Junior ADU, movie theatre, wine cellar, and meditation room. The rear grounds are an entertainer's dream, including a pool and spa with eight-jet water feature and LED lighting, outdoor fireplace, grassy play areas, and multiple spaces for lounging. The home's elegant form is constructed while keeping openness and clarity top of mind, allowing its light-filled interiors to seamlessly converge with the lush exteriors enveloped by soothing ocean breezes. Four levels comprise a rooftop, upper level, lobby, and basement, with a two-car garage and separate ADU. Welcome to this exquisite property offering the ultimate in resort living at the very forefront of chic, modern design. Renderings are of a similar build.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2026
Lot Size
8,937 Sq. Ft.

Interior

Total Bedrooms
7
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 • 0.4 mi

9/10

Roosevelt Elementary School

Grades K-5 • 1.0 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)
Beds7.04.0
96%
Baths8.04.0
96%
Square foot8,2003,163
98%
Lot Size8,9378,693
62%
Price$20.00M$5.10M
96%
Price per sq ft$2.4K$1.7K
84%
Built year20261948
98%
HOA$0$0
50%
Days on market290183
89%

Pricing History

Listed for Sale

May 20, 2025

$19,995,000

Initial Listing

Sold

May 15, 2025

$5,450,000

Public Record

Sold

Oct 17, 2022

$4,200,000

Public Record

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