1029 Yale Street, Santa Monica, California 90403, Santa Monica, 90403 - 6 bed, 6 bath
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Santa Monica, California 90403
This New Construction Luxury Estate is listed at $6,195,000, reflecting a premium for its bespoke design and Excellent Condition Rating. While the $5,419,413 Fair Market Value indicates a high-end entry point, the value is driven by the rare opportunity to customize finishes mid-construction. Boasting a detached ADU, private deck, and 4,254 sq. ft. of living space within the Santa Monica-Malibu Unified District, this residence is moments from Montana Avenue. It represents a sophisticated sanctuary for luxury-seeking families or multi-generational owner-occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1029 Yale Street Subject | $6,195,000* List Price | 6 | 6 | 4,254 | $1,274 | - |
A 911 Yale Street Sold | $6,195,000 | 6 | 7 | 5,018 | $1,235 | 0.2 mi |
B 2009 Montana Avenue Pending | $4,995,000 List Price | 5 | 7 | 4,400 | $1,135 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a brand-new construction slated for completion in January 2026. The description highlights a modern open-concept layout, meticulous attention to detail, high-end finishes, and state-of-the-art amenities. As a newly built home, all components, including the kitchen, bathrooms, appliances, and systems, will be new and meet current quality standards with no deferred maintenance.
As a brand new home slated for completion in January 2026, it offers a rare opportunity for buyers to collaborate with the builder mid-construction, allowing for personalized design and finishes.
Ideally situated in the highly desirable College Streets neighborhood, moments from Montana Avenue's vibrant shops, dining, and Erewhon, ensuring a coveted lifestyle.
The detached guest house significantly enhances versatility, providing private accommodations for guests, extended family, or potential for rental income/dedicated home office.
The property is still under construction with a projected completion in January 2026, requiring buyers to wait for move-in and potentially face construction-related delays.
While a good size, the 6,400 sq. ft. lot is on the smaller side for a luxury new build in this price range within Santa Monica, potentially limiting extensive outdoor amenities compared to some comparables.
The current list price of $6.195M is higher than the estimated property value of $5.97M, which could indicate a slight overvaluation or a premium for the new construction/customization not fully captured by standard models.
Slated for completion in January 2026, this stunning 4,254 sq. ft. traditional-style residence is situated on a 6,400 sq. ft. lot in the highly desirable College Streets neighborhood of Santa Monica. The main house will feature a modern open-concept layout, perfectly suited for family living and entertaining. With 5 bedrooms, a dedicated office, and seamless indoor-outdoor flow, every space is thoughtfully designed for comfort and functionality. The detached guest house (ADU) adds even more versatility, offering private accommodations for guests, extended family, or a home office.Crafted with meticulous attention to detail and high-end finishes, this home promises to deliver state-of-the-art amenities in a warm, inviting atmosphere. A rare and exciting opportunity awaits to step in mid-construction and collaborate with the builder to design a home uniquely tailored to your lifestyle. Ideally located just moments from Montana Avenue's vibrant shops and Erewhon, this is your chance to secure a one-of-a-kind property in one of Santa Monica's most coveted neighborhoods. Don't miss this opportunity to make your dream home a reality!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.5 | 88% |
| Baths | 6.0 | 3.5 | 88% |
| Square foot | 4,254 | 2,256 | 81% |
| Lot Size | 6,400 | 7,857.5 | 13% |
| Price | $6.20M | $3.62M | 81% |
| Price per sq ft | $1.5K | $1.7K | 31% |
| Built year | 2025 | 1938 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 372 | 178 | 94% |
Oct 27, 2022
$2,925,000
Public Record