0 Dewey Place, Santa Monica, California 90405, Santa Monica, 90405 - bed, bath

0 Dewey Place, Santa Monica, California 90405 home-pic-0
ACTIVE$1,095,000
0 Dewey Place, Santa Monica, California 90405
0Bed
0Bath
Sqft
3,000Lot
Year Built
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
25607767
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.09M(7th), sqft - 0(5th), beds - undefined(2th), baths - undefined(2th).

***Seller-financing available*** An exceptionally rare opportunity to acquire land in prime Santa Monica. At 3,000 square feet, this lot offers a blank canvas open to your imagination. Lots of this size and location almost never come to market, making this an extraordinary chance to build new in a vibrant, established community. Set back from the street and with no immediate houses on either side, this lot offers excellent privacy. With thoughtful landscaping and fencing, it has the potential to become a peaceful, private retreat in the heart of Santa Monica. Per Santa Monica building code you can build a SFR up to 2,250 sqft plus an ADU. Buyer to verify with the City. Daily life here brings together the very best of Santa Monica: charming cafes along Ocean Park Blvd, vibrant dining on Main Street, the greens of Penmar Golf Course, lighted tennis courts, and community pickleball courts at Penmar Recreation Center. You'll also enjoy seamless access to dog parks, premier farmers markets, acclaimed schools, and the beach. Build your dream home from the ground up or explore a thoughtfully designed modular option for a faster, more efficient path to completion. Either way, the lifestyle and the upside are undeniable. With the proposed transformation of the nearby Santa Monica Airport into parkland, the future here looks brighter than ever. Well positioned and priced to move, this is a rare window for end-users or developers ready to create something special. If you've been waiting for the right moment to build in Santa Monica, this is it. Rare land. In a prime location. With long-term value.

Price History

Date
Event
Price
10/17/25
Listing
$1,095,000
Condition Rating
Excellent

This listing is for vacant land, not an existing residential structure. Therefore, traditional assessment criteria for kitchens, bathrooms, built year, and appliances do not apply. The 'Excellent' score reflects the property's pristine condition as a buildable lot—a 'blank canvas' ready for new, high-quality construction. It represents the ultimate 'new' state, free from any existing structural depreciation or deferred maintenance, offering excellent potential for a custom-built home as suggested by the conceptual renderings.
Pros & Cons

Pros

Prime Santa Monica Location: Unbeatable access to vibrant dining, cafes, parks, golf, tennis, acclaimed schools, and the beach, offering an exceptional lifestyle.
Exceptional Rarity: A truly rare opportunity to acquire vacant land of this size in a highly sought-after Santa Monica location, almost never coming to market.
Significant Development Potential: Allows for construction of a substantial SFR (up to 2,250 sqft) plus an ADU, offering flexibility to build a dream home or investment.
Enhanced Privacy: Positioned set back from the street with no immediate neighbors, providing a peaceful and private building site.
Flexible Seller Financing: The availability of seller financing offers a potentially advantageous and accessible acquisition option for buyers.

Cons

Extensive Development Required: As vacant land, it demands a full construction project, entailing substantial time, capital investment, and project management.
Buyer Due Diligence Critical: Buyers are solely responsible for verifying all building codes and regulations with the City, which can be a complex and time-consuming process.
No Immediate Utility/Income: The property currently offers no immediate use or potential for rental income until a structure is fully built and occupied.

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