Connect

New Search X

Santa Monica

Situated on the Santa Monica Bay, the city of Santa Monica is bordered on three sides by different

neighborhoods of the City of Los Angeles and by the Pacific Ocean on the west. Santa Monica is home to many Hollywood celebrities and executives, and is a mixture of affluent single-family neighborhoods, condominiums, and apartment buildings housing mainly professionals or students. Partly because of its agreeable climate, Santa Monica became a famed resort town by the early 20th century. The city has experienced a boom since the late 1980s through the revitalization of its downtown core, significant job growth, and increased tourism.


With scarcity of land to build and the city’s desirability to live and work, the residential real estate market is a very stable one. Home prices continue to experience an overall combined average annual growth rate of approximately six percent per year over the last decade, have experienced minimal decreases during the most recent economic downturn.


Santa Monica is comprised of several neighborhoods. The most notable residential neighborhoods include:
North of Montana, Wilshire-Montana, Ocean Avenue, Ocean Park, Sunset Park, Midtown, and the Santa Monica Canyon. The following is a residential real estate market performance report for the first quarter of 2016, as well as the last ten years for each of these neighborhoods.

Santa Monica

924 Palisades Beach Rd Santa Monica, CA

$22,000,000 €17,778,244

Residential, Single Family

  • 5 Beds
  • 7 Baths
  •  

This stunning beachfront contemporary on Santa Monica's prestigious Gold Coast offers panoramic ocean views and award winning Molori-designed property. The front entry leads to an open living room, dining area, powder room and chef's kitchen. A sc...

595 E Channel Rd Santa Monica, CA

$16,885,000 €13,644,802

Residential, Single Family

  • 8 Beds
  • 10 Baths
  • 9,422 SqFt
  •  

Tucked behind hedges and oak trees on the exclusive East Channel Road in Santa Monica Canyon, this Marmol Radziner design is an architectural masterpiece on a 40,000 square foot lot. This sun-filled two-story home has a double-height living room a...

430 Adelaide Dr Santa Monica, CA

$13,750,000 €11,111,403

Residential, Single Family

  • 5 Beds
  • 5 Baths
  • 4,797 SqFt
  •  

Tucked away on one of the most sought after streets in Santa Monica, this unique private property is an amazing developer opportunity or your client's future dream home. The house sits on a hard to come by, wide open and rare 19,642 sq. ft. lot wi...

617 Georgina Ave Santa Monica, CA

$11,499,000 €9,292,365

Residential, Single Family

  • 5 Beds
  • 10 Baths
  • 10,114 SqFt
  •  

OPEN HOUSE: Sunday, Apr 22, 2018, 2:00pm - 5:00pm - ONE OF THE BEST HOMES PRICE PER SQUARE FOOT IN SANTA MONICA. With over 10,000 square feet this cannot be duplicated with a refresh this home will be a sleek modern home that everyone wants today. Very large open spaces and high ceilings with indo...

OPEN HOUSE

1038 Palisades Beach Rd Santa Monica, CA

$10,750,000 €8,687,097

Residential, Single Family

  • 5 Beds
  • 5 Baths
  • 5,530 SqFt
  •  

Once-in-a-lifetime opportunity to own an exceptional ocean front resort estate on the historic mile of Santa Monica Beach that was the original Gold Coast where Hollywood royalty lived & played. Originally built in 1929 for silent film star Norma ...

728 Montana Ave Santa Monica, CA

$10,500,000 €8,485,071

Residential Income, Apartment Building

  • 6 Beds
  • 6 Baths
  • 8,412 SqFt
  •  

We are proud to present to market "Montana@Lincoln Crossing", a prominent Mixed Use asset located in the eternally hip city of Santa Monica along the fabled Montana Ave at the intersection with Lincoln Blvd. The asset is composed of two parcels: o...

NEW TO MARKET

802 San Vicente Blvd Santa Monica, CA

$8,500,000 €6,868,867

Residential, Single Family

  • 6 Beds
  • 8 Baths
  • 8,189 SqFt
  •  

OPEN HOUSE: Sunday, Apr 22, 2018, 2:00pm - 5:00pm - ONE-OF-A-KIND New Construction! The size and floorplan of this exquisitely crafted home could not be duplicated with the new building ordinance! Designed by renowned architect Peter Schechter & built to perfection by GAIA Construction INC with int...

OPEN HOUSE

464 25th St Santa Monica, CA

$7,995,000 €6,460,775

Residential, Single Family

  • 5 Beds
  • 8 Baths
  • 7,756 SqFt
  •  

This stunning traditional style home is the perfect blend of East Coast and West Coast beach lifestyles in the heart of Santa Monica. Enter through an impressive entryway with vaulted ceilings, a thoughtfully designed layout, beautiful warm high-e...

353 20th St Santa Monica, CA

$7,299,000 €5,898,336

Residential, Single Family

  • 6 Beds
  • 10 Baths
  • 7,385 SqFt
  •  

Modern Mediterranean Estate Situated North of Montana in the Gillette Regent Square and Franklin School district of Santa Monica. This newer home features 6 bedrooms and 10 baths within approx. 7,385 sq.ft. of living space on 60 x 149 lot. As you ...

653 Palisades Beach Rd Santa Monica, CA

$6,995,000 €5,652,673

Residential, Single Family

  • 6 Beds
  • 3 Baths
  • 2,431 SqFt
  •  

Located on the Golden Coast of Santa Monica with direct sandy beach access this California bungalow is an incredibly rare opportunity to remodel the existing home or build your dream home. The property currently boasts 2 large separate structures ...

101 Ocean Ave B400 Santa Monica, CA

$6,950,000 €5,616,309

Residential, Condominium

  • 3 Beds
  • 3 Baths
  • 2,902 SqFt
  •  

Brand new fully remodeled designer done one of a kind Ocean Avenue residence. This rare nearly 3,000 sf home-like condo is outfitted with the highest level of finishes and attention to detail and features uncompromised ocean and coastline views. O...

2310 33rd St Santa Monica, CA

$6,500,000 €5,252,663

Residential Income, Apartment Building

  • 12 Beds
  • 14½ Baths
  • 8,796 SqFt
  •  

Owned by the same owners for decades, this extensive Santa Monica multifamily investment is ideally located, offers cash flow, and significant future upside. The unusually large triple sized lot configuration on two parcels encompassing three Cali...