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742 23rd Street, Santa Monica, California 90402, Santa Monica, 90402 - 4 bed, 5 bath

742 23rd Street, Santa Monica, California 90402 home-pic-0
ACTIVE$7,999,000
742 23rd Street, Santa Monica, California 90402
4Beds
5Baths
3,909Sqft
8,846Lot
Year Built
1980
Close
-
List price
$8M
Original List price
$8M
Price/Sqft
$2,046
HOA
-
Days on market
-
Sold On
-
MLS number
25507910
Home ConditionFair
Features
Good View: Pool
Pool
Patio
ViewPool

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,6 Pros. Rank: price - $8.00M(79th), sqft - 3909(68th), beds - 4(50th), baths - 5(68th).

Tucked away on one of the most coveted streets north of Montana, this stately residence sits on one of the largest lots in the area, offering an unparalleled combination of space, privacy, and walkability. Grand in scale yet warm and inviting, the home boasts soaring ceilings, exquisite crown molding, and rich parquet floors throughout. Three fireplaces create a sense of timeless charm, while the formal living and dining areas provide the perfect backdrop for entertaining. At the heart of the home, a spacious country-style eat-in kitchen blends classic elegance with everyday functionality. A distinguished library with a wet bar offers a refined retreat, ideal for working from home or unwinding in style. Upstairs, the expansive bedrooms provide comfort and serenity, while large windows bathe the interiors in natural light. Outside, the sprawling, lushly landscaped yard is a rare find in this sought-after neighborhood; a true oasis with endless potential. Located on a peaceful, non-through street, yet just moments from the boutiques, cafes, and dining of Montana Avenue, this home offers the best of Santa Monica living.

Nearby schools

9/10
Franklin Elementary School
Public,•PK-5•0.1mi
5/10
Brentwood Science School
Public,•K-5•1.0mi
8/10
Roosevelt Elementary School
Public,•K-5•1.1mi
8/10
Lincoln Middle School
Public,•6-8•0.7mi
8/10
Santa Monica High School
Public,•9-12•2.0mi
Condition Rating
Fair
The property, built in 1980, is exceptionally well-maintained with high-quality traditional finishes like parquet floors and crown molding. However, the 'country-style' kitchen, featuring wood cabinetry, a tile cooktop, and older appliances, along with the primary bathroom's large marble-encased jetted tub and matching vanities, are significantly dated in style. While functional and clean, these key areas would require substantial aesthetic updates to meet current luxury market standards, aligning with the 'Fair' category's description of an aged but maintained home with outdated major components requiring updates.
Pros & Cons

Pros

Great Schools: Elementary School: Franklin Elementary School (9/10).
Prime Location: Situated on one of the most coveted, peaceful, non-through streets north of Montana, offering exceptional privacy and walkability to Montana Avenue's boutiques, cafes, and dining.
Exceptional Lot Size & Outdoor Potential: Boasts one of the largest lots in the area (8846 sqft) with a sprawling, lushly landscaped yard, presenting a rare oasis with significant potential for further customization or additions.
Classic Architectural Elegance: The residence features grand scale interiors with soaring ceilings, exquisite crown molding, rich parquet floors, and three fireplaces, creating a timeless and inviting atmosphere.
Dedicated Luxury Amenities: Includes a distinguished library with a wet bar, providing a refined and functional space ideal for a home office or sophisticated entertaining.
Spacious & Light-Filled Interiors: Expansive bedrooms and large windows throughout ensure comfort, serenity, and abundant natural light, enhancing the home's overall appeal.

Cons

Potential for Interior Updates: The 'country-style eat-in kitchen' and 1980 build year suggest that key areas like the kitchen and bathrooms may not feature the modern, high-end finishes and appliances found in recently remodeled luxury comparables.
Absence of Key Outdoor Amenities: While the yard offers 'endless potential,' the description implies the absence of a built-in pool or spa, which is a common expectation and value-add for luxury properties on large lots in this market.
Older Construction & Systems: Built in 1980, the property may require significant investment in modernizing systems (e.g., HVAC, electrical) and overall design to align with contemporary luxury standards and energy efficiency, as seen in newer or extensively updated homes.

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