
Santa Monica, California 90402
This newly constructed contemporary estate is a High-Potential Investment Opportunity, listed at $15,495,000—positioned well below the $15,964,828 Fair Market Value by 3%. This valuation gap offers $469,828 in Instant Equity. Featuring an Excellent Condition Rating (2026 build), the home includes a chef's kitchen, wellness suite, and infinity-edge pool. Located in the prestigious North of Montana neighborhood near top-rated schools like Franklin Elementary, this property is an ideal acquisition for discerning luxury buyers or high-net-worth owner-occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 528 Marguerita Avenue Subject | $15,495,000* List Price | 6 | 8 | 8,008 | $1,994 | - |
A 1628 Georgina Avenue Active | $18,995,000 List Price | 6 | 9 | 8,617 | $2,204 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Newly constructed (2026) contemporary estate in mint condition. Features a high-end chef's kitchen with Miele appliances, spa-inspired bathrooms, and advanced smart home/HVAC systems.
Elementary School: Franklin Elementary School (9/10).
Situated on a prestigious tree-lined street just blocks from the beach and Montana Avenue, this property offers unparalleled access to Santa Monica's finest dining, shopping, and coastal recreation.
The estate features a dedicated lower-level wellness suite with a sauna, steam room, and fitness studio, complemented by a home theater and a resort-style backyard with an infinity-edge pool and guest house.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 8008, other record living area = 3162. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
With an 8,008-square-foot residence occupying a significant portion of the 11,046-square-foot lot, the outdoor green space may feel limited for buyers prioritizing a large traditional lawn.
For a luxury estate of this scale and price point, the detached two-car garage may be considered insufficient for car collectors or families with multiple vehicles.
Morning walks through Palisades Park, afternoons by the ocean, and evenings spent enjoying a private resort-like setting define life at this newly constructed contemporary estate in Santa Monica's prestigious North of Montana neighborhood. Positioned on one of the area's most desirable tree-lined streets, just blocks from the beach, the residence pairs striking architectural design with the effortless indoor-outdoor lifestyle that makes coastal California so sought after. Spanning 8,008 square feet on an expansive 11,046-square-foot lot, the six-bedroom, eight-bathroom home is a study in modern luxury. Soaring ceilings, warm wood floors, curated finishes, and walls of Fleetwood glass create a sense of openness and light throughout. The main level unfolds with intention, flowing from formal living and dining spaces into a spectacular family room with a floor-to-ceiling stone fireplace. Designed for both everyday living and grand-scale entertaining, the chef's kitchen is as beautiful as it is functional. Custom DOCA cabinetry from Spain, striking stone surfaces, and a full suite of Miele appliances, including double ovens, a built-in espresso machine, gas cooktop, and temperature-controlled wine storage, are complemented by a convenient butler's pantry. A private bedroom suite on the main level offers flexibility for guests or use as an executive office. A floating staircase and private elevator connect all levels of the home. Upstairs, three beautifully appointed bedroom suites provide comfort and privacy, anchored by an exceptional primary retreat. Overlooking the backyard from its private balcony, the suite offers a boutique-style dressing room and a spa-inspired bath featuring dual vanities, a soaking tub, and an oversized dual shower designed for daily rejuvenation. The lower level is equally dedicated to both entertainment and wellness. Gather in the recreation lounge with custom built-ins and a wet bar, enjoy movie nights in the home theater, or recharge in the dedicated wellness suite featuring a fitness studio, sauna, and steam room. Outside, the grounds feel like a personal haven in the middle of the city. A tranquil front garden framed by mature olive trees surrounds a reflecting pool, creating a memorable approach. In the backyard, mature hedging provides exceptional privacy for a resort-caliber setting complete with an infinity-edge pool and spa, outdoor kitchen, expansive lounge areas, and a manicured lawn designed for both relaxation and entertaining. Every detail has been thoughtfully considered, from premium home tech including Crestron Home Automation, surround sound, automatic shades, and advanced climate control to the fully outfitted guest house and gated parking, including a detached two-car garage and carport. Rarely does a newly built residence combine this level of design, technology, wellness, and location. Moments from Palisades Park, Montana Avenue, acclaimed restaurants, boutique shopping, and the beach, this is a home that captures the very best of refined living in Santa Monica.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades PK-5 • 1.4 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.5 |
| Baths | 8.0 | 3.5 |
| Square foot | 8,008 | 2,285.5 |
| Lot Size | 11,046 | 7,496 |
| Price | $15.49M | $3.70M |
| Price per sq ft | $1.9K | $1.7K |
| Built year | 2026 | 1936 |
| HOA | $0 | $0 |
| Days on market | 27 | 51 |
Jun 25, 2026
$15,495,000
Initial Listing
Mar 2, 2021
$5,400,000
Public Record
Aug 9, 2016
$5,460,000
Public Record