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Under ContractSingleFamilyResidence

1029 Yale Street

Santa Monica, CA, 90403

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$6,195,000

MLS: 25490491

Beds

6

Baths

6

Sq Ft

4,254

Lot

0.15 ac

Year Built

2025

MLS #

25490491

Days on Market

7

Listed

Apr 15, 2025

Description

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!

Location

Santa Monica, Los Angeles County, CA 90403

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Listed by: Josh Picker · Douglas Elliman of California, Inc.

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$47,680

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $619,500 · Loan: $5,575,500

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$38,604
Property tax (1.25%)
$6,453
Homeowners insurance
$300
Mortgage insurance
$2,323
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $216,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Santa Monica, CA 90403 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.