
1037 21st Street, Santa Monica, CA 90403
1037 21st Street, Santa Monica, CA 90403
Property Description
Located in the highly desirable heart of Santa Monica, just moments from the bustling Montana Avenue, this luxury townhome at Terrapin Crossings epitomizes contemporary, refined living. Thoughtfully designed with exceptional craftsmanship, this newly constructed home boasts imported finishes, energy-efficient solar technology, and state-of-the-art smart-home features.Spanning over 3,300 square feet, the residence offers a spacious layout with four bedrooms, five bathrooms, and an expansive 1,000-square-foot rooftop deck. Perfect for entertaining, the rooftop features an outdoor kitchen, a solar panel trellis, and stunning views of the ocean and city.Inside, the home is defined by 10-foot ceilings and a bright, open floor plan accented by premium features such as floor-to-ceiling Fleetwood doors, electric skylights, Ortel fireplaces, and designer fixtures. The gourmet kitchen is a chef's dream, outfitted with Sub-Zero, Miele, and Wolf appliances. The tranquil primary suite includes a spa-inspired bathroom and a custom walk-in closet for ultimate luxury.Built with sustainability in mind, the property includes dual Tesla storage batteries, an oversized private garage with an EV charging station, and a robust security system. This exceptional residence is within close proximity of Santa Monica's premier shopping and dining, offering a rare opportunity to enjoy the best of coastal living.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 3 active · 4 closed
Santa Monica · Condominium
Listed in line with the median closed sale of $4,997,000. Price per sqft ($1,524) is a 22% discount to closed comps ($1,962). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 117 Ocean Front Walk | Venice | 1992 | 3 | 4 | 3,525 | 4,808 | $1,417 | $5.00M | 45 | 54 |
| 603 Ocean Avenue | Santa Monica | 1996 | 3 | 3 | 2,694 | 26,948 | $1,596 | $4.30M | 32 | 48 |
| 701 Ocean Avenue | Santa Monica | 1993 | 3 | 3 | 3,065 | 41,952 | $1,793 | $5.50M | 45 | 38 |
| Total: 3 · Average | 3.0 | 3.3 | 3,094.667 | 24,569.333 | $1,602 | $4.93M | 40.666666666666664 | |||
| Median | 3,065 | $5.00M | ||||||||
Closed Properties (4)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 515 Ocean Avenue | Santa Monica | 1976 | 09/28/2026 | 2 | 4 | 3,175 | 67,427 | $6.00M | $5.60M | $1,764 | 0.93 | 40 | 50 |
| 603 Ocean Avenue | Santa Monica | 1990 | 05/27/2025 | 3 | 3 | 2,694 | 26,948 | $5.00M | $5.00M | $1,854 | 1.00 | 69 | 44 |
| 535 Ocean Avenue | Santa Monica | 1963 | 02/19/2025 | 2 | 2 | 1,781 | 22,468 | $4.98M | $5.00M | $2,807 | 1.00 | 96 | 41 |
| 20 Ocean Park Boulevard | Santa Monica | 1987 | 08/18/2026 | 3 | 4 | 3,145 | 196,225 | $4.47M | $4.48M | $1,424 | 1.00 | 50 | 35 |
| Total: 4 · Average | 2.5 | 3.3 | 2,698.75 | 78,267 | $5.02M | $5.02M | $1,962.25 | — | 63.75 | ||||
| Median | 3,145 | $5.00M | $5.00M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.