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207 Ocean Ave Ext, Santa Monica, CA 90402

$2.58M2bd · 2ba · 2,130 sqft
Lot 3,769 sqft•Single Family Residence•
Active
•124d on market•MLS# 00-26846937

Property Description

207 Ocean Avenue Extension | A Rare Coastal Coastal Craftsman Residence with Panoramic Ocean & Canyon Views. Tucked away along Ocean Avenue Extension, just one block from iconic Palisades Park, this distinctive residence offers a rare combination of natural beauty, architectural character, and an exceptional coastal location. Available for the first time in over half a century, the property captures sweeping views across Rustic Canyon toward the Pacific Ocean, Malibu coastline, and Santa Monica Mountains. Built in 1921, the two-bedroom, two-bath residence reflects the charm of classic California coastal architecture, with period details, an intimate residential atmosphere, and beautiful ocean views from multiple rooms. Its hillside setting creates a sense of privacy and connection to the surrounding landscape, while remaining remarkably close to the best of Santa Monica's coastal lifestyle. The multi-level outdoor areas provide inviting spaces for morning coffee, quiet afternoons, and evenings overlooking the canyon and coastline. The property also features an attached one-car garage, additional storage beneath the residence, and approximately 665 square feet of unfinished attic/storage space included in the approximately 2,130-square-foot total area. Beyond the property, the location offers an exceptional lifestyle. Enjoy scenic walks along the oceanfront bluffs of Palisades Park, beautiful sunsets over the Pacific, and easy access to Santa Monica Beach. Nearby Montana Ave offers an inviting collection of boutiques, cafes, and restaurants, along with the historic Aero Theatre, home to American Cinematheque film screenings and special events. Downtown Santa Monica, Third Street Promenade, and Santa Monica Place provide additional shopping, dining, and entertainment options, all within easy reach. The surrounding area also offers the Canyon Recreation Center, Annenberg Community Beach House, coastal walking paths, and a selection of acclaimed dining destinations, including Giorgio Baldi, Golden Bull, and FIG. An exceptional opportunity to own a character-filled coastal residence in one of the Westside's most distinctive settings, where ocean views, canyon scenery, and an established neighborhood come together. The property is offered As-Is and presents an opportunity for thoughtful renovation while respecting its original architectural character. The mailing address is Santa Monica; however, the property is located within the City of Los Angeles and is subject to Los Angeles regulations and services. The adjacent vacant parcel is not included in the sale. Some photographs have been virtually staged or digitally enhanced; original photographs are also available.

Features & Amenities

FeeBuilt 1921

Property Details

Land Type
Fee
Year Built
1921
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Floor Furnace
View
Mountain(s), Ocean
Flooring
Wood
Roof
Shingle, Composition
City
Santa Monica
Zip Code
90402
County
Los Angeles
Listed byUnknown Office, Alena Lehrer

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$13,045.88
Principal & Interest
Loan Amount
$2,064,000
Total Interest
$2,632,518
Total Payment Over 30 Years
$4,696,518
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 · 5 closed

207 Ocean Ave Ext, Santa Monica, CA 90402

Santa Monica · Single Family Residence

$2.58M
Luxury Tier
Beds
2
Baths
2
Sqft
2,130
Lot
3,769 sqft
Year
1921
$/Sqft
$1211
Pool: No✓
Spa: No✓
View: mountain✓

Listed 12.5% below the median closed sale of $2,950,000. Price per sqft ($1,211) is a 15% discount to closed comps ($1,418). Closed comps sold at 113% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $2.58M· $1,211/sqft
Total list price
Closed comps
vs closed median $2.95M
−$370K (−12.5%)
Active comps
vs active median $3.75M
−$1.17M (−31.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,587
−$376 (−23.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
454 East Rustic RoadSanta Monica1906321,6104,124$1,614$2.60M3672
2460 Beverley AvenueSanta Monica1923222,0673,593$1,814$3.75M11271
636 BaySanta Monica2007332,1334,070$1,170$2.50M7165
706 Navy StreetSanta Monica1908332,3015,556$1,824$4.20M2264
454 Stassi LaneSanta Monica1959332,6008,244$1,515$3.94M1656
Total: 5 · Average2.82.62,142.25,117.4$1,587.4$3.40M51.4
Median2,133$3.75M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2725 6th StreetSanta Monica192308/10/2026322,2765,949$3.69M$3.58M$1,5710.977367
219 Entrada DriveSanta Monica194109/18/2026321,8925,544$2.30M$2.15M$1,1360.9412558
3214 Pearl StreetSanta Monica194709/28/2026321,9635,989$2.79M$2.95M$1,5031.054156
1116 CedarSanta Monica192709/15/2026321,7795,964$1.50M$2.27M$1,2791.5211155
1019 Chelsea AvenueSanta Monica194709/08/2026322,1486,114$2.98M$3.44M$1,6011.153155
Total: 5 · Average3.02.02,011.65,912$2.88M$2.88M$1,418—76.2
Median1,963$2.95M$2.95M

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.