
Santa Monica, California 90402
This Hillside Development Opportunity is listed at $1,999,000, positioned near its $1,850,801 Fair Market Value within the prestigious 90402 zip code. The property features a Condition Rating of 4, with the existing 1951 structure offering Canyon and Partial Ocean Views from an elevated position. With a generous 6,024 sqft lot and a modest 988 sqft footprint, the site presents Significant Development Potential for a luxury expansion or rebuild. This high-value asset is perfectly suited for Luxury Developers or Custom Home Builders seeking a prime coastal canvas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 439 Mesa Road Subject | $1,999,000* List Price | 2 | 1 | 988 | $1,873 | - |
A 215 Entrada Drive Sold | $1,702,000 | 2 | 2 | 1,024 | $1,662 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1951 hillside home is well-maintained and appears livable, featuring original hardwood floors and clean interiors. However, it is significantly outdated with mid-century features such as wall heaters, older light fixtures, and a basic laundry/utility area. Given its age of over 70 years without evidence of a full modern renovation, the property shows functional obsolescence for its price point, though it remains in fair, habitable condition.
Situated in the highly coveted 90402 zip code, this property offers proximity to the beach and the prestigious lifestyle associated with the Santa Monica and Pacific Palisades border.
The elevated hillside position provides serene canyon vistas and partial views of the Pacific Ocean, offering a tranquil atmosphere that is highly sought after in this region.
With a generous 6,024 sqft lot and a modest 988 sqft existing structure, the property presents a prime opportunity for a luxury custom rebuild or major expansion in a high-value neighborhood.
The current 2-bedroom, 1-bathroom configuration and sub-1,000 square footage are quite small for the $1.999M price point, likely requiring immediate further investment.
The hillside terrain and the fact that Upper Mesa Road at the rear is currently non-traversable may present significant logistical hurdles for future construction or daily accessibility.
Charming home set on hillside with great canyon view and partial view toward Pacific Ocean. Upper Mesa Rd is at rear of property, not currently traversable.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 14% |
| Baths | 1.0 | 4.0 | 5% |
| Square foot | 988 | 2,743 | 7% |
| Lot Size | 6,024 | 8,452 | 11% |
| Price | $2.00M | $5.08M | 7% |
| Price per sq ft | $2.0K | $2.0K | 52% |
| Built year | 1951 | 1948 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 186 | 2% |
Mar 30, 2026
$1,999,000
Initial Listing