santa monica real estate

Santa Monica Penthouse Oceanview, Estate of the Day

Filed under: Estates

There are certain landmark properties in the Los Angeles area that always cause tourists to lean far out the car window to snap a photo or two to show the folks back home. The building overhanging the Pacific Coast Highway just past Santa Monica's California Incline is one of them. Maybe it's the circular nose that hangs over the highway, or maybe it's the skinny little front legs it seems to perch on. But whatever the appeal, it's a magnet for lookie-loos. Even I find myself straining my neck upward to peek inside some of the units as I whiz by on the road.

And now the 4,000-square-foot penthouse unit has just come on the market at $4,925,000. While not as breath-taking a price-tag as faithful readers of Luxist's Estate of the Day have become accustomed to, it's a breath-taking unit in a eye-catching landmark. And for you faint-of-hearters, we have every reason to believe that the hillsides around it, despite their precarious look each time it rains, aren't going anywhere. Hey, this is L.A. Toughen up!

Billed somewhat immodestly as the most-sought after penthouse in Santa Monica, we are hard-pressed to disagree. It's the only two-story unit of its size in the building and has ocean views from every room, plus 180-degree jetliner views of the city lights. There are three large bedrooms and three bathrooms plus an over-sized master suite with two large walk-in closets, floor-to-ceiling windows, marble and hardwood floors and high ceilings. Amenities in the building include a gym, pool, spa and valet parking. There is around-the-clock security. With the main entrance on Ocean Avenue, Santa Monica restaurants and shops are a short walk away.

Next time I drive by, I hope you'll wave.

Josh and Matthew Altman of Hilton & Hyland Real Estate, Beverly Hills, have the listing.

Gallery: 101 Ocean