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722 Marine Street, Santa Monica, California 90405, Santa Monica, 90405 - 4 bed, 3 bath

722 Marine Street, Santa Monica, California 90405 home-pic-0
ACTIVE$3,500,000$2,471/sqft
Est. Value: $3,647,421
4%
BelowEstimate
722 Marine Street, Santa Monica, California 90405
4Beds
3Baths
2,471Sqft
2,506Lot

Price Vs. Estimate

The estimated value ($3,647,421.36) is $147,421.36 (4%) higher than the list price ($3,500,000). This property may be underpriced.

Key pros and cons

Top Pros:
Prime Ocean Park Location: Situated in the highly sought-after Ocean Park neighborhood of Santa Monica, offering exceptional walkability and proximity to upscale amenities like Abbott Kinney and Rose Ave.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2506, living area = 2471.

Compared to the nearby listings

Price:$3.50M vs avg $2.48M (+$1,018,000)81%
Size:2,471 sqft vs avg 1,569.5 sqft75%
Price/sqft:$1.4K vs avg $1.3K67%

More Insights

Built in 2017 (9 years old).
Condition: Built in 2017, this property is virtually new and showcases a warm, modern design with top-of-the-line finishes throughout. The chef's kitchen features integrated, high-end appliances, extensive modern cabinetry, and pristine countertops. Bathrooms are spa-like with contemporary fixtures, glass-enclosed showers, soaking tubs, and dual-sink vanities. Hardwood floors, soaring ceilings, and multiple skylights contribute to an overall immaculate and high-quality condition, meeting current luxury standards with no visible wear or deferred maintenance.
Year Built
2017
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$1,416
HOA
-
Days on market
-
Sold On
-
MLS number
26632943
Home ConditionExcellent
Features
Good View:
Deck
Patio
View

About this home

An incredible opportunity to own a warm, modern residence in the heart of Santa Monica's highly sought-after Ocean Park neighborhood. A hedged and gated entry opens to a private front yard, seamlessly connecting to the main living space through dramatic floor-to-ceiling glass doors. This home features soaring ceilings throughout, creating a light-filled and airy ambiance. The formal dining area is complemented by a built-in bar, ideal for entertaining, while the chef's kitchen impresses with top-of-the-line finishes, a large center island, extensive cabinetry, and custom built-ins. There is one bedroom/office and bathroom on the main level. Up the striking floating wood and glass staircase, the second level reveals a serene primary suite retreat with vaulted ceilings and sliding glass doors that open to a private balcony with tranquil treetop views. The spa-like primary bath offers a soaking tub, glass-enclosed shower, and dual-sink vanity. Additional highlights include generously sized bedrooms, multiple skylights, a dedicated laundry area, and a gated driveway. Perfectly positioned to enjoy the best of Ocean Park and is close to Abbott Kinney and Rose Ave. This exceptional home captures coastal living at its finest.

L
Lisa Diane Sockolov
Listing Agent

Price History

Date
Event
Price
10/11/22
Sold
$3,000,000
06/23/17
Sold
$2,795,000
11/13/15
Sold
$1,050,000
Condition Rating
Excellent
Built in 2017, this property is virtually new and showcases a warm, modern design with top-of-the-line finishes throughout. The chef's kitchen features integrated, high-end appliances, extensive modern cabinetry, and pristine countertops. Bathrooms are spa-like with contemporary fixtures, glass-enclosed showers, soaking tubs, and dual-sink vanities. Hardwood floors, soaring ceilings, and multiple skylights contribute to an overall immaculate and high-quality condition, meeting current luxury standards with no visible wear or deferred maintenance.
Pros & Cons

Pros

Prime Ocean Park Location: Situated in the highly sought-after Ocean Park neighborhood of Santa Monica, offering exceptional walkability and proximity to upscale amenities like Abbott Kinney and Rose Ave.
Modern Architectural Design: Features a warm, modern aesthetic with soaring ceilings, dramatic floor-to-ceiling glass doors, and multiple skylights, creating a light-filled and airy ambiance.
Gourmet Chef's Kitchen: Equipped with top-of-the-line finishes, a large center island, extensive cabinetry, and custom built-ins, ideal for culinary enthusiasts and entertaining.
Luxurious Primary Suite: A serene retreat boasting vaulted ceilings, a private balcony with tranquil treetop views, and a spa-like primary bath with a soaking tub and glass-enclosed shower.
Enhanced Privacy & Security: Benefits from a hedged and gated entry leading to a private front yard, complemented by a gated driveway, ensuring exclusivity and peace of mind.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2506, living area = 2471.
Premium Price Point: The $3.5 million list price positions it at the very top of the market, potentially limiting the pool of prospective buyers.
Compact Lot Size: With a lot size of 2,506 sqft, the outdoor space is relatively modest for a single-family home in this luxury segment, which might not appeal to buyers seeking expansive grounds.
Absence of Central Air Conditioning: The description does not mention a cooling system, which could be a perceived drawback for some buyers, particularly during warmer periods, despite Santa Monica's generally mild climate.
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