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AIRE Santa Monica condos start at roughly $950K
The Agency and Partners Trust are leading sales for 19-unit building
Updated Wednesday, July 5, 2017 at 11:22 a.m.: Silicon Beach is about to breathe in a different whiff of AIRE.
Developer Palisades announced Friday it has launched sales at its luxury condominium project, AIRE Santa Monica, with units priced between roughly $950,000 and $2 million, or $938 to $952 per square foot.
The Agency and Partners Trust are listing the 19 units at 1433 14th Street.
The prices were just a tick above median condo sales prices in Santa Monica, which were $908,327 over the past twelve months and $1 million in the month of May, according to research from Teles Properties. On a per-square-foot basis, the units fall within range of the $914 median price in May.
There are nine single-story garden flats, which range from 1,012 to 1,019 square feet with two bedrooms and two bathrooms. There are also nine two-story townhomes with split-level roof decks, ranging from 1,517 to 1,605 square feet with three bedrooms and three bathrooms. The biggest residence on the property is a three-story garden townhome with more than 2,100 square feet of space.
Each residence also has an outdoor space — a deck and/or terrace — with some as large as 800 square feet. The eco-friendly building, designed by JFAK Architects, consists of three residential buildings around a central courtyard with lounging areas, a water feature and green living wall.
True to Santa Monica form, the property’s amenities include custom bikes, an area for bike maintenance and designated storage space for surfboards and bicycles.
A previous version of this story reported an asking price of $1.5 million for the highest priced units. It is $2 million.