456 Lincoln Boulevard, Santa Monica, California 90402, Santa Monica, 90402 - 4 bed, 4 bath
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Santa Monica, California 90402
This Renovated North of Montana Retreat is a Prime Investment Opportunity listed at $4,750,000—positioned well below the $4,916,893 Fair Market Value by 3%. This valuation gap offers $166,893 in Instant Equity. Boasting an Excellent Condition Rating from a luxury renovation, the home features a modern chef’s kitchen, versatile guest house, and lush grounds with a putting green. Located near Top-Rated Roosevelt Elementary, it combines elite lifestyle perks with immediate financial upside. This is an ideal acquisition for Owner-Occupants or Lifestyle-Focused Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 456 Lincoln Boulevard Subject | $4,250,000* List Price | 4 | 4 | 3,148 | $1,362 | - |
A 552 Stassi Lane Sold | $4,890,000 | 5 | 6 | 4,051 | $1,207 | 0.3 mi |
B 279 Mabery Road Active | $4,250,000 List Price | 4 | 4 | 2,772 | $1,533 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1951, the property has undergone an extensive high-end renovation that brings it to modern luxury standards. The interior features a contemporary chef's kitchen with premium stainless steel appliances, updated bathrooms with modern fixtures and glass enclosures, and light hardwood flooring throughout. With new recessed lighting, fresh landscaping, and a fully finished detached guest house, the home shows no signs of deferred maintenance and is in pristine, move-in-ready condition.
Elementary School: Franklin Elementary School (9/10).
Situated in Santa Monica's most prestigious neighborhood, this property offers elite school district access with Roosevelt Elementary just steps away and proximity to the high-end amenities of Montana Avenue.
The separate studio above the garage provides exceptional flexibility for a home office, creative retreat, or guest suite, adding significant functional value to the residential footprint.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3148, other record living area = 2348.
Being located on Lincoln Boulevard, a major thoroughfare, the property is subject to higher traffic volume and ambient noise levels compared to homes on quieter interior neighborhood streets.
Built in 1951, the home may require more frequent maintenance or infrastructure updates to compete with the modern systems and energy efficiencies found in newer luxury builds.
Welcome to this dreamy North of Montana retreat, where warmth, charm, and modern comfort come together in one of Santa Monica's most coveted neighborhoods. The beautiful 4-bedroom, 3-bathroom main home offers light-filled living spaces and a gracious layout designed for both relaxed everyday living and memorable gatherings. The spacious primary suite feels like a private sanctuary, offering a peaceful place to unwind at the end of the day. Outside, lush, freshly landscaped grounds create a truly magical setting, with an open patio perfect for long, sun-soaked afternoons and evening dinners under the stars, a charming putting green, and generous space to entertain friends and family. The backyard also offers room to add a pool, allowing you to create your own resort-like oasis. Above the detached two-car garage, a versatile guest house provides endless possibilities: use it as a bedroom, private studio, guest retreat, home office, or anything your heart desires. Ideally located in the highly sought-after North of Montana neighborhood and within the exceptional Santa Monica school district (Roosevelt elementary is just down the street), you're just minutes from the boutiques, cafes, and dining along Montana Avenue, as well as the Palisades and the beach, making this special home a place where the best of Santa Monica living truly comes together.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades PK-5 • 1.3 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,148 | 2,972.5 | 52% |
| Lot Size | 7,490 | 8,452 | 27% |
| Price | $4.25M | $5.08M | 32% |
| Price per sq ft | $1.4K | $2.0K | 25% |
| Built year | 1951 | 1948 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 186 | 5% |
Mar 21, 2026
$4,250,000
$4,750,000
-11% Price Drop
Initial Listing
Mar 9, 2026
$4,750,000
Initial Listing