905 Berkeley Street, Santa Monica, California 90403, Santa Monica, 90403 - 4 bed, 5 bath

905 Berkeley Street, Santa Monica, California 90403 home-pic-0
ACTIVE$5,250,000
905 Berkeley Street, Santa Monica, California 90403
4Beds
5Baths
3,495Sqft
8,972Lot
Year Built
1951
Close
-
List price
$5.25M
Original List price
$5.55M
Price/Sqft
$1,502
HOA
-
Days on market
-
Sold On
-
MLS number
25511405
Home ConditionExcellent
Features
Excellent View: Bay, Catalina, City Lights, Hills, Mountain(s), Ocean, Panoramic, Pool, Water
Deck
Pool
Spa
ViewBay,Catalina,City Lights,Hills,Mountain(s),Ocean,Panoramic,Pool,Water

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,5 Pros. Rank: price - $5.25M(80th), sqft - 3495(73th), beds - 4(50th), baths - 5(73th).

Perched atop Berkeley Street in Santa Monica, this exceptional 4-bedroom, 4.5-bathroom home offers panoramic views of the ocean, mountains, and city skyline. Designed to capture its stunning surroundings, the home features expansive windows and seamless indoor-outdoor flow, filling every space with natural light and breathtaking vistas. The open living areas lead to a tastefully designed kitchen that balances style and functionality. Outside, the private pool, spa and yard provide a perfect setting for relaxation and entertaining while enjoying sweeping views. The luxurious primary suite boasts a spa-like bathroom with a freestanding tub, rain shower, dual walk-in closets, and a cosmetic vanity table. A private balcony offers stunning views of Santa Monica, ideal for morning coffee or sunsets. Each of the four bedrooms includes an en-suite bathroom, ensuring privacy and comfort. A flexible fifth room on the main level is perfect for an office, den, gym or guest room. Additional features include an elevator, dumbwaiter, and a spacious two-car garage with ample storage. Conveniently located near the Brentwood Country Mart, Brentwood Country Club, and Montana Avenue, this home is also just minutes from the Santa Monica Pier and beaches. With its prime location, top-rated schools, and breathtaking views, it offers the perfect blend of luxury and convenience.

Price History

Date
Event
Price
08/22/17
Sold
$3,200,000
Condition Rating
Excellent

Despite being built in 1951, the property has undergone an extensive and high-quality recent renovation. The kitchen features modern white shaker cabinets, light countertops, and stainless steel appliances. Bathrooms, including the luxurious primary suite with a freestanding tub and rain shower, are updated with contemporary fixtures and finishes. Hardwood flooring is consistent throughout, and recessed lighting provides a modern aesthetic. The presence of an elevator, dumbwaiter, and solar panels further indicates significant recent upgrades, resulting in a virtually new interior meeting current quality standards.
Pros & Cons

Pros

Exceptional Panoramic Views: The property offers breathtaking panoramic views of the ocean, mountains, and city skyline from multiple vantage points, significantly enhancing desirability and value.
Prime Santa Monica Location: Situated in a highly desirable Santa Monica neighborhood, providing convenient access to upscale amenities, top-rated schools, and coastal attractions.
Luxurious Amenities & Features: Includes a private pool, spa, elevator, dumbwaiter, and a spacious two-car garage, offering a high level of comfort and convenience.
Thoughtful Layout & Design: Features an open-concept living space with seamless indoor-outdoor flow, abundant natural light, and a flexible fifth room, catering to diverse lifestyle needs.
Upscale Primary Suite & En-suite Baths: Boasts a luxurious primary suite with spa-like features and private balcony, complemented by en-suite bathrooms for all four bedrooms, ensuring privacy and comfort.

Cons

Significant Overpricing: The current list price of $5.25M is 15% above the estimated property value, potentially hindering market competitiveness and buyer interest.
Older Construction: Built in 1951, the property's age, despite updates, may raise concerns about underlying infrastructure, energy efficiency, or require more extensive maintenance compared to newer constructions.
Recent Price Reduction: The property has already undergone a price reduction from $5.55M to $5.25M, which could indicate initial overvaluation or market resistance, potentially signaling a longer time on market.

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