Santa Monica · Homes for Sale
Santa Monica Homes for Sale Over $2 Million
Santa Monica packs a beach town, a busy downtown and residential street grids into about eight square miles, and listings above $2 million show up in nearly every part of it.
Neighborhoods to Compare
North of Montana has some of the largest lots in the city, close to the stairs at Fourth Street and Adelaide Drive. Sunset Park, in the southeast part of the city, offers more single-family streets near the airport park. Ocean Park sits near Main Street and the beach, with a mix of homes and condos. Wilshire Montana and Mid-City add homes and townhomes between the boulevards, and some ocean-view condos near Palisades Park also reach this range.
What $2 Million and Up Buys Here
Near the low end you may see a smaller older home, a townhome or a large condo. Higher up, North of Montana and Sunset Park offer bigger lots, pools and newer construction. Lot sizes vary block by block, so a home two streets apart can have very different room to expand. Ask about parking, since many older homes have small garages or alley access. Proximity to Montana Avenue, Main Street or the Expo Line stations also tends to affect pricing.
Taxes, Rentals and HOA
Santa Monica applies a higher city transfer tax to sales above a set price under Measure GS, so ask escrow for the current figures. If a property includes rental units, ask how city rent control rules apply. Condos and townhomes come with HOA dues and reserves to review. Verify each item before you write an offer.
Financing Basics
This range usually calls for a jumbo loan or cash. Lenders look at reserves and debt closely at this size. This is general information only, so talk with a licensed lender.
Talk With Jay
Call (949) 822-8702 to talk with Jay about Santa Monica homes in this range. Selling first? Request a free Santa Monica home value.
Other Price Ranges Nearby
Browse all current Santa Monica listings on our Santa Monica homes for sale page. Related searches: Malibu homes over $5 million, Los Angeles homes over $2 million, Beverly Hills homes over $5 million.
Jay Romero, Broker, DRE 01343079 | Miamar Realty | Call (949) 822-8702
Miamar Realty | Corporate DRE #02192235 | 14241 Firestone Blvd #400, La Mirada, CA 90638 | Equal Housing Opportunity.
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Selling first? Request a home value or call (949) 822-8702.
