450 15th Street, Santa Monica, California 90402, Santa Monica, 90402 - 8 bed, 8 bath

450 15th Street, Santa Monica, California 90402 home-pic-0

450 15th Street

Santa Monica, California 90402

ACTIVE
CONDITION: EXCELLENT
8Beds
8Baths
6,244Sq Ft
7,508Lot Size

Property Price

LIST PRICE$12,995,000
EST. MARKET VALUE
$13,211,597

SUMMARY

Estimated Market Value

$13,211,597
Based on Realkey algorithm analyzing recent comparable sales in Santa Monica.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
450 15th Street
Subject
$12,995,000*
List Price
886,244$2,116-
A
328 21st Place
Active
$15,995,000
List Price
897,497$2,1340.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a brand-new luxury contemporary residence currently under construction with a 2026 completion date. It features high-end finishes including natural stone, oak, and brass, along with modern amenities like an elevator, solar panels, and a detached ADU, meeting the highest standards for new construction.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Franklin Elementary School (9/10).

  • Prime Location and Education

    Situated in the highly coveted Franklin School District and just 15 blocks from the beach, this property offers an elite coastal lifestyle with access to some of the highest-rated schools in Santa Monica.

  • Extensive Luxury Amenities

    The residence features a comprehensive lower-level retreat with a theater, gym, and spa, complemented by a detached 2-bedroom ADU and an elevator serving all levels for maximum functionality.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 6244, other record living area = 1538. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 2.

  • Construction Timeline Risks

    The property is currently under construction with an undetermined completion date, requiring the buyer to manage potential delays and rely on artist renderings rather than a finished physical inspection.

  • High Lot Coverage

    With over 6,200 square feet of living space plus a detached ADU on a 7,508 square foot lot, the footprint is dense, resulting in limited yard space and greenery outside of the pool area.

About 450 15th Street

Property currently under construction, photos are artist renderings and features may vary. Located just 15 blocks from the beach on the picturesque west side of 15th Street within the Franklin School District, this future contemporary residence, architecturally designed by BSPK Design with interiors by Studio Brinkley, is estimated to span approximately 6,244 square feet and offer 8 bedrooms and 8 bathrooms. Designed with organic warmth and understated elegance, a gallery-style entry leads to an open floor plan connecting the formal living, dining, and kitchen spaces, complemented by a pantry and refined natural stone, oak, and brass finishes. The main level includes a formal entry, study, and an additional ensuite bedroom. The second level is planned to feature the primary suite with walk-in closet, dual sinks, and spa-like bath, along with two additional ensuite bedrooms. The lower level is designed as a full amenity retreat with a theater, gym, spa, massage room, game room, recreation room, and bedroom. Additional features include elevator access to all levels, an attached two-car garage, and owned solar panels. The property will also include a detached 2-bedroom, 1-bath ADU with its own living room and kitchen. The resort-style backyard is planned to feature a pool, spa, and built-in BBQ, creating an ideal setting for entertaining. Buyer to verify all details, permits, and specifications. Estimated completion date to be​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ determined.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2026
Lot Size
7,508 Sq. Ft.

Interior

Total Bedrooms
8
Total Bathrooms
8 (8 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Santa Monica Unified Schools

Roosevelt Elementary School

Grades K-5 • 0.6 mi

8/10

Franklin Elementary School

Grades PK-5 • 0.8 mi

9/10

Brentwood Science School

Grades K-5 • 1.7 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds8.04.0
96%
Baths8.04.0
96%
Square foot6,2443,163
96%
Lot Size7,5088,691
36%
Price$12.99M$5.10M
91%
Price per sq ft$2.1K$1.7K
64%
Built year20261948
98%
HOA$0$0
50%
Days on market15183
2%

Pricing History

Listed for Sale

Feb 19, 2026

$12,995,000

Initial Listing

Sold

Jan 17, 2024

$3,000,000

Public Record

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