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Sold for $10,450,000 · Jun 2017

SOLD

Listed at $12,495,000

Sold

621 MARGUERITA Avenue, Santa Monica, CA 90402

Santa Monica, CA

MLS# 17224664

6,500 Sq Ft • Single Family Home6bd • 9ba
51 days on market

Listing Agent

Bjorn Farrugia

Listing Agent

Hilton & Hyland

DRE #: 01864250

Brokerage: Hilton & Hyland

Property Details

6

Bedrooms

9

Bathrooms

6,500 sqft

Square Feet

2010

Year Built

0.33 acres

Lot Size

$1,608

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Once in awhile an extraordinary opportunity to own a home like this comes available North of the famous Montana Ave in Santa Monica. This quiet area boasts some of the finest schools, like Franklin, within walking distance. Situated on one of the most premier streets in Los Angeles, this newly built compound is the quintessential beach estate. Boasting 6,500 Sf of opulent living space, articulately interior decorated, feat 6 bd 7.5 ba w/ a fully equipped independent 2 story guest retreat. From the moment you walk through the gated grounds it's impossible not to fall in love w/ the attn to detail & the expansive open floorplan. The backyard feats a large swimming pool & outdoor changing room w/ bath & steam room, a sports court, fire pit & ample space to bask in the SoCal sun. Built around the art of entertaining, this custom home combines the finishes, comfort & grace of a classic Hamptons/Nantucket home overlaid w/ a modern California vibe.

Listing description from the June 2017 sale, as reported to CRMLS.

Facts & Features

Details

Pool
Yes
Cooling
CentralAir
Heating
Central

Sale history for 621 MARGUERITA Avenue

2 recorded sales

$10,450,000
Sold June 2017 · listed $12,495,000, on market May 2017, 51 days on market · MLS #17224664 · Source: CRMLS
Listing Agent: Bjorn Farrugia · Listing Office: Hilton & Hyland · Contact: 310-278-3311 · Bought with: Allan Mann · Time Realty Property Managemen
$8,600,000
Sold April 2013 · listed $8,125,000, on market April 2013, 33 days on market · MLS #13662449 · Source: CRMLS
Listing Agent: Cynthia Ambuehl · Listing Office: Partners Trust Brentwood · Contact: 310-858-6800 · Bought with: Barbara Marcus · Berkshire Hathaway HomeService

How this sale compares

621 MARGUERITA Avenue sold for $10,450,000 in June 2017, 16% under its $12,495,000 list price, after 51 days on the market. That works out to $1,608 per square foot on 6,500 square feet. Across 82 closed sales in 90402 over the last 12 months, the median sold price is $4,477,500 and the median is $1,660 per square foot, 3.2% above this sale's $1,608.

$1,608
This sale, per sq ft
$1,660
90402 median per sq ft (12 mo)
$4,477,500
90402 median sold price (12 mo)
82
Closed sales in 90402 (12 mo)
51
Days on market
−16%
Sold vs. list price
QuarterClosed sales in 90402Median sold price
Q1 20264$2,675,000
Q2 202642$4,500,000
Q3 202632$4,271,000
Q4 20264$9,927,178

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Monica · Homes for sale in 90402

Recent sales near 621 MARGUERITA Avenue

Closed sales reported in 90402, nearest first, last 12 months. All recent sales in Santa Monica →

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