218 Montreal Street, Playa Del Rey, California 90293, Playa Del Rey, 90293 - 3 bed, 3 bath

218 Montreal Street, Playa Del Rey, California 90293 home-pic-0
ACTIVE$3,200,000
218 Montreal Street, Playa Del Rey, California 90293
3Beds
3Baths
2,893Sqft
5,295Lot
Year Built
1976
Close
-
List price
$3.2M
Original List price
$3.5M
Price/Sqft
$1,106
HOA
-
Days on market
-
Sold On
-
MLS number
25556383
Home ConditionGood
Features
Excellent View: City Lights, Coastline, Mountain(s), Ocean
Deck
Spa
ViewCity Lights,Coastline,Mountain(s),Ocean

About this home

Possibly Over-Priced:The estimated price is 37% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.20M(82th), sqft - 2893(71th), beds - 3(47th), baths - 3(50th).

Ocean views from all three bedrooms, living room/ dining room areas, and the huge deck complete with a hot tub. Gaze out over ocean, mountain, marina, and coastline views while you listen to the waves. All three bedrooms share a balcony overlooking the ocean. Full sized washer and dryer are located on the bedroom level. Move up into the living room with breathtaking views that stretch across Santa Monica Bay. Large walk around gourmet kitchen, complete with Wolf stove and double oven and 2 sinks; that allows everyone to sit and gather during your breakfast and evening meals. The backyard has a 1200 Square foot, three level deck; The views only get better! Sit in the spa and watch the sun melt away in the horizon, then wait for the city lights to give you the twinkling lights of Santa Monica Pier's Ferris Wheel, to all the way up the coast to Malibu.Ready for the beach! Put on your swimsuits and sandals as you are a short walk to the sand. On your way home stop at one of many restaurants for an appetizer and glass of wine. Because the property is located on a bluff facing Santa Monica you miss airport noise that other properties get that are located in Playa Del Rey.

Nearby schools

4/10
Paseo Del Rey Natural Science Magnet
Public,K-50.8mi
4/10
Loyola Village Elementary School
Public,K-51.5mi
6/10
Playa Vista Elementary
Public,K-61.7mi
8/10
Coeur D'Alene Avenue Elementary School
Public,K-52.2mi
8/10
Playa Del Rey Elementary School
Public,K-52.8mi
9/10
Richmond Street Elementary School
Public,K-52.9mi
2/10
Marina Del Rey Middle School
Public,6-82.5mi
4/10
Orville Wright Engineering And Design Magnet
Public,6-82.6mi
8/10
El Segundo Middle School
Public,6-83.6mi
4/10
Westchester Enriched Sciences Magnets
Public,9-121.2mi
6/10
Venice Senior High School
Public,9-122.8mi
10/10
El Segundo High School
Public,9-123.0mi

Price History

Date
Event
Price
04/26/13
Sold
$1,090,000
Condition Rating
Good

The property, built in 1976, has undergone significant renovations, making it move-in ready. The kitchen features high-end Wolf appliances, but the cabinet style and granite countertops suggest a renovation that is likely 10-15 years old. The main bathroom shown is very modern with a floating vanity and contemporary lighting, appearing more recently updated. Hardwood floors and recessed lighting are present throughout much of the home, indicating good overall updates and maintenance. While not a brand-new renovation, the property is well-maintained and functional, fitting the 'Good' score criteria for a property extensively renovated within the last 5 to 15 years.
Pros & Cons

Pros

Great Schools: Elementary School: Richmond Street Elementary School (9/10). High School: El Segundo High School (10/10).
Panoramic Ocean & City Views: The property boasts breathtaking ocean, mountain, marina, and coastline views from all three bedrooms, living room/dining areas, and the expansive deck, including the twinkling lights of Santa Monica Pier.
Expansive Outdoor Entertainment Space: Features a huge 1200 sqft, three-level deck complete with a hot tub, offering exceptional space for relaxation and entertaining while enjoying the views.
Gourmet Kitchen: Equipped with a large walk-around gourmet kitchen featuring a Wolf stove, double oven, and two sinks, ideal for culinary enthusiasts and gatherings.
Prime Coastal Location & Beach Access: Located a short walk to the sand and numerous local restaurants, offering a desirable beachside lifestyle.
Airport Noise Mitigation: Positioned on a bluff facing Santa Monica, the property benefits from reduced airport noise compared to other areas in Playa Del Rey.

Cons

Significant Overpricing: The current list price of $3.2 million is substantially higher than the estimated property value of approximately $1.98 million, suggesting a potential overvaluation.
Property Age & Potential for Dated Elements: Built in 1976, and while the kitchen is gourmet, the description does not specify comprehensive updates to other major systems or areas, which may lead to dated finishes or infrastructure.
Absence of Cooling System: There is no mention of an air conditioning or cooling system, which could be a comfort concern during warmer periods.

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