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$11,625,000
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Property Description
Rare Santa Monica Opportunity - Expansive Lot, Prime Location, Endless Potential! This stately Mediterranean Revival estate presents a once-in-a-generation chance to transform, repurpose, or completely reimagine a classic residence. Just moments from the ocean, this two-story home awaits your vision and design team to bring it into its next chapter. The existing residence offers rich character and timeless details from a bygone era, including stained glass windows, wrought iron accents, painted coffered ceilings, Deco tile, and vintage fixtures. With four bedrooms, four-and-a-half bathrooms, and grand-scale public entertaining rooms, the foundation is set for a remarkable restoration or complete rebuild. Sited on an extraordinary 22,655-square-foot lot with 105 feet of frontage (per public record), the property includes a stately circular driveway, a three-car attached garage, and rear alley access opening the door to creative possibilities such as an ADU, guest house, or expanded garage. Positioned in one of Santa Monica's most prestigious enclaves, the home presents a rare opportunity to create a legacy estate in one of coastal California's most coveted neighborhoods. Enjoy the proximity to the iconic bluffs, pedestrian bridge to the beach, award winning schools, and Montana Avenue's boutique shops, artisanal cafes, and celebrated restaurants. Trust sale.
Full Property Details
Full Property Details for 416 Marguerita Ave
General
- Sold For: $11,625,000
- Status: Closed
- Type: Single Family
- Source: CLAW
- MLS ID: 25573343
- Added to Site: 136 day(s) ago
Interior
- Rooms/Areas: Attic, Basement, Breakfast, Breakfast Area, Dining Room, Dressing Area, Formal Entry, Family Room, Garage Apartment, Guest-Maids Quarters, Jack And Jill, Living Room, Powder, Primary Bedroom, Walk-In Closet
- Fireplace: Yes
- Number of Fireplaces: 2
- Furnishings: Unfurnished
- Flooring: Mixed, Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Family Room: 1
- Laundry: Inside, Room
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Gated
- Other Features: None
Parking
- Covered Spaces: 3
- Garage Description: Circular Driveway, Garage - 3 Car, Auto Driveway Gate, Built-In Storage, Direct Entrance, Driveway, Driveway Gate, Garage Is Attached, Gated, On street, Parking for Guests, Parking for Guests - Onsite
Location
- Area: Santa Monica
- County: Los Angeles
- Driving Directions: North of Montana
Heating & Cooling
- Cooling Type: None
- Heating Type: Other
Structural Information
- Architectural Style: Mediterranean
- Structure Type: Single Family Residence
- Common Walls: Detached/No Common Walls
- Stories/Levels: 2
- Square Feet: 5,362
- Sq. Ft. Source: Assessor
- Year Built: 1926
- Year Built Source: Assessor
- Property Condition: Fixer, Value Mainly In Land, Repairs (Major)
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.5201
- Lot Size: 22655
- Lot Size Source: Assessor
- Lot Dimensions: 105 x 215
- Zoning: SMR1*
- Lot Description: Alley Paved, Back Yard, Curbs, Fenced Yard, Front Yard, Lot Shape-Rectangular, Level/Flat Lot, Sidewalks, Street Paved, Street Lighting, Yard, Value In Land
Financial Considerations
- Price Per Sq. Ft.: $2,143.79
- Assessment Year: 1926
Disclosures and Reports
- Disclosures/Reports: As Is, Trust/Conservatorship, Court Approval Not Required, Coastal Commission Restrictions, Property Report
- APN: 4293-009-003
Listed by Douglas Elliman, Kelly deLaat and Douglas Elliman, Rachelle Rosten
Sold by The Agency, Jennifer Tisdale
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Schools
Schools serving 416 Marguerita Ave
School District:Santa Monica-Malibu Unified School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, Santa Monica, CA 801 Montana Ave., Santa Monica, CA 90403 | K-5 | 0.4 mi |
Lincoln Middle School, Santa Monica, CA 1501 CA Ave., Santa Monica, CA 90403 | 6-8 | 1 mi |
Santa Monica High School 601 Pico Boulevard, Santa Monica, CA 90405 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 416 Marguerita Ave
Date
Details
Price
Change
Source
10/01/2025
Sold
$11,625,000
1.13%
MLS
9/04/2025
Listed
$11,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
416 Marguerita Ave, Santa Monica, CA 90402 (MLS# 25573343) is a Single Family property that was sold at $11,625,000 on October 01, 2025. Want to learn more about 416 Marguerita Ave? Do you have questions about finding other Single Family real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.

