416 Marguerita Ave

Rare Santa Monica Opportunity - Expansive Lot, Prime Location, Endless Potential! This stately Mediterranean Revival estate presents a once-in-a-generation chance to transform, repurpose, or completely reimagine a classic residence. Just moments from the ocean, this two-story home awaits your vision and design team to bring it into its next chapter. The existing residence offers rich character and timeless details from a bygone era, including stained glass windows, wrought iron accents, painted coffered ceilings, Deco tile, and vintage fixtures. With four bedrooms, four-and-a-half bathrooms, and grand-scale public entertaining rooms, the foundation is set for a remarkable restoration or complete rebuild. Sited on an extraordinary 22,655-square-foot lot with 105 feet of frontage (per public record), the property includes a stately circular driveway, a three-car attached garage, and rear alley access opening the door to creative possibilities such as an ADU, guest house, or expanded garage. Positioned in one of Santa Monica's most prestigious enclaves, the home presents a rare opportunity to create a legacy estate in one of coastal California's most coveted neighborhoods. Enjoy the proximity to the iconic bluffs, pedestrian bridge to the beach, award winning schools, and Montana Avenue's boutique shops, artisanal cafes, and celebrated restaurants. Trust sale.