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143 Marguerita Avenue, Santa Monica, CA 90402

$11.49M6bd · 6ba · 5,898 sqft
Lot 14,727 sqft•Single Family Residence•
Active
•30d on market•MLS# 00-26987995

Property Description

Set along one of Santa Monica's most coveted palm tree-lined streets, just steps from Ocean Avenue, 143 Marguerita Avenue presents an exceptional opportunity for a traditional estate with ocean views, generous proportions, and remarkable versatility. The six-bedroom, six-bathroom residence spans 5,898 square feet on an expansive 14,727 square-foot lot, with a gated motor court creating a private sense of arrival. Inside, a dramatic foyer with a staircase opens through grand archways to formal living and dining spaces, where oversized windows fill the interiors with natural light and hardwood floors lend warmth throughout. A secondary living room opens through glass French doors to the backyard and flows seamlessly into the breakfast area and spacious kitchen, appointed with marble countertops, custom cabinetry, and top-of-the-line Sub-Zero and La Cornue appliances. Upstairs, the expansive primary suite captures ocean views through a bay window and features a walk-in closet and dedicated dressing area, while the additional guest rooms are well appointed. Outside, the lush, private grounds are framed by soaring hedges and mature fruit trees, creating a secluded setting for both entertaining and everyday living. A lap pool and hot tub are complemented by a separate pool house with a sauna and shower, while a pergola-covered patio provides an inviting setting for al fresco dining. At the rear of the property, a detached guest house with its own entrance and garage offers added flexibility for guests, work, or extended stays, while the main residence includes a three car subterranean garage with ample storage. Moments from the beach, Palisades Park, and Santa Monica's renowned shopping and dining, this distinctive property is ready for its next chapter, offering an extraordinary canvas to reimagine and make entirely your own.

Features & Amenities

FeeBuilt 1987

Property Details

Land Type
Fee
Year Built
1987
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Ocean
Flooring
Tile, Wood
City
Santa Monica
Zip Code
90402
County
Los Angeles
Listed byUnknown Office, Cynthia Ambuehl

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$58,124.98
Principal & Interest
Loan Amount
$9,196,000
Total Interest
$11,728,991
Total Payment Over 30 Years
$20,924,991
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 3 closed

143 Marguerita Avenue, Santa Monica, CA 90402

Santa Monica · Single Family Residence

$11.49M
Luxury Tier
Beds
6
Baths
6
Sqft
5,898
Lot
14,727 sqft
Year
1987
$/Sqft
$1949
Pool: Yes✓
Spa: Yes✓
View: water✓

Listed 7.9% above the median closed sale of $10,650,000. Price per sqft ($1,949) is a 16% premium to closed comps ($1,674). Closed comps sold at 91% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 133 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $11.49M· $1,949/sqft
Total list price
Closed comps
vs closed median $10.65M
+$845K (+7.9%)
Active comps
vs active median $9.25M
+$2.25M (+24.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,923
+$26 (+1.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
962 Franklin StreetSanta Monica1993565,17011,239$1,350$6.98M2261
248 19th StreetSanta Monica1950765,5478,942$2,305$12.79M1659
223 24th StreetSanta Monica1997555,1298,702$1,617$8.29M1457
371 20th StreetSanta Monica2018565,0188,951$1,843$9.25M2057
627 17th StreetSanta Monica2026786,0008,951$2,500$15.00M25853
Total: 5 · Average5.86.25,372.89,357$1,923$10.46M66
Median5,170$9.25M

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1202 San Vicente BoulevardSanta Monica199107/06/2026676,00012,549$8.00M$7.85M$1,3080.9812874
416 21st PlaceSanta Monica202407/07/2026686,3709,020$13.99M$10.65M$1,6720.7624964
233 Marguerita AvenueSanta Monica192109/18/2026576,00022,432$12.49M$12.25M$2,0420.982155
Total: 3 · Average5.77.36,123.33314,667$10.25M$10.25M$1,674—132.66666666666666
Median6,000$10.65M$10.65M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.