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.
Sold for $11,625,000
Tax assessed value
$11,625,000
416 Marguerita Ave, Santa Monica, CA 90402
4beds
5,362sqft
Residential, Single Family Residence
Built in 1926
0.52 Acres Lot
$12,260,300 Zestimate®
$2,168/sqft
$5,979 Estimated rent
Home value
$12,260,300
$10.18M - $14.83M
$5,979/mo
Zestimate® history
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List your homeWhat's special
Rich characterVintage fixturesTimeless detailsExpansive lotThree-car attached garageDeco tileStately circular driveway
Zillow last checked:
Listing updated:
Listed by:
Kelly deLaat DRE # 01249748 310-880-9255,
Douglas Elliman 310-595-3888,
Rachelle Rosten DRE # 01255977 310-710-5151,
Douglas Elliman
Bought with:
Jennifer Tisdale, DRE # 02131592
The Agency
Source: CLAW,MLS#: 25573343
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Attic, Basement, Breakfast, Breakfast Area, Dining Room, Dressing Area, Formal Entry, Family Room, Garage Apartment, Guest-Maids Quarters, Jack And Jill, Living Room, Powder, Walk-In Closet
Heating
- Other
Cooling
- None
Appliances
- Included: Dishwasher, Range/Oven, Refrigerator
- Laundry: Inside, Laundry Room
Features
- Built-Ins
- Flooring: Mixed, Hardwood, Tile
- Has basement: Yes
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room
Interior area
- Total structure area: 5,362
- Total interior livable area: 5,362 sqft
Property
Parking
- Total spaces: 13
- Parking features: Circular Driveway, Garage - 3 Car, Auto Driveway Gate, Storage, Direct Access, Driveway, Driveway Gate, Garage Is Attached, Gated, On Street, Guest, On Site
- Has attached garage: Yes
- Covered spaces: 3
- Uncovered spaces: 10
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Spa features: None
- Fencing: Fenced Yard
- Has view: Yes
- View description: None
Lot
- Size: 0.52 Acres
- Dimensions: 105 x 215
- Features: Back Yard, Curbs, Front Yard, Rectangular Lot, Lot-Level/Flat, Sidewalks, Street Lighting, Yard, Value In Land
Details
- Additional structures: None
- Parcel number: 4293009003
- Zoning: SMR1*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Residential, Single Family Residence
Condition
- Fixer,Value Mainly In Land,Repairs Major
- Year built: 1926
Community & HOA
Community
- Security: Gated
HOA
- Has HOA: No
Location
- Region: Santa Monica
Financial & listing details
- Price per square foot: $2,168/sqft
- Tax assessed value: $11,625,000
- Date on market: 9/4/2025
- Road surface type: Alley Paved, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | $11,625,000+1.1%$2,168/sqft |
Source:  CLAW #25573343 Report a problem | ||
| 9/17/2025 | Pending sale | $11,495,000$2,144/sqft |
Source:  Douglas Elliman #25573343 Report a problem | ||
| 9/16/2025 | Contingent | $11,495,000$2,144/sqft |
Source: CLAW #25573343 Report a problem | ||
| 9/4/2025 | Listed for sale | $11,495,000$2,144/sqft |
Source: CLAW #25573343 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $11,625,000 +1199.4% |
| 2025 | $12,134 +7.1% | $894,676 +2% |
| 2024 | $11,332 +1.6% | $877,134 +2% |
| 2023 | $11,154 +1.4% | $859,936 +2% |
| 2022 | $11,005 +2.9% | $843,075 +2% |
| 2021 | $10,696 +0.7% | $826,545 +1% |
| 2020 | $10,620 | $818,071 +2% |
| 2019 | $10,620 +7.9% | $802,032 +2% |
| 2018 | $9,838 | $786,307 +2% |
| 2017 | $9,838 +0.5% | $770,890 +2% |
| 2016 | $9,789 +3.9% | $755,775 +1.5% |
| 2015 | $9,422 +2.5% | $744,423 +2% |
| 2014 | $9,189 | $729,842 +2.5% |
| 2012 | -- | $712,299 +2% |
| 2011 | -- | $698,334 +0.8% |
| 2010 | -- | $693,116 -0.2% |
| 2009 | -- | $694,763 +2% |
| 2008 | -- | $681,141 +2% |
| 2007 | -- | $667,786 +2% |
| 2006 | -- | $654,693 |
| 2005 | -- | $654,693 +4% |
| 2004 | -- | $629,272 +1.9% |
| 2003 | -- | $617,740 +2% |
| 2002 | -- | $605,629 +4% |
| 2000 | -- | $582,114 |
Find assessor info on the county website
Neighborhood: North of Montana
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Nearby schools
GreatSchools rating
- 9/10Roosevelt Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Lincoln Middle SchoolGrades: 6-8Distance: 1 mi
- 9/10Santa Monica High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$12,260,300
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Estimated market value
$12,260,300
- California
- Los Angeles County
- Santa Monica
- 90402
- North of Montana
- 416 Marguerita Ave
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