324 Marguerita Avenue
Santa Monica, CA, 90402
$7,999,999
MLS: 26998417
Beds
4
Baths
4
Sq Ft
4,316
Lot
0.36 ac
Year Built
1975
MLS #
26998417
Days on Market
2
Listed
Oct 15, 2026
Description
Situated on one of the most coveted streets North of Montana, just moments from the ocean and iconic Palisades Park, this timeless two-story Spanish-style residence offers approximately 4,316 sq. ft. of living space on an exceptional 15,621 sq. ft. lot. Rich in character and architectural charm, the home features arched windows, vaulted ceilings, Spanish tile, warm wood accents and an abundance of natural light throughout.Designed with gracious living and entertaining in mind, the home offers four bedrooms, three-and-a-half baths, a formal dining room, inviting den and expansive living room. Three wood-burning fireplaces in the living room, den and primary suite bring warmth and character to the interiors.The updated chef's kitchen features Sub-Zero and Miele stainless steel appliances, marble countertops and generous cabinetry, along with a large breakfast area overlooking the lush backyard. Mature palm and fruit trees create a private garden setting, complemented by a spa for relaxing and entertaining outdoors.The spacious primary suite offers a peaceful retreat, while three additional bedrooms provide wonderful flexibility for family and guests. A rare drive-through three-car garage provides exceptional parking and convenience.Enjoy an extraordinary Santa Monica lifestyle with the ocean and Palisades Park nearby, the boutiques, restaurants and coffee shops of Montana Avenue just moments away, and the Third Street Promenade, shopping, dining and entertainment all within easy reach. A rare opportunity to enjoy classic Spanish character, generous scale and an exceptional lot in one of Santa Monica's most sought-after neighborhoods.
Location
Santa Monica, Los Angeles County, CA 90402
Open on Google Maps ↗Listed by: Nicole Wagner · Power Brokers
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
$61,485
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $800,000 · Loan: $7,199,999
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $49,851
- Property tax (1.25%)
- $8,333
- Homeowners insurance
- $300
- Mortgage insurance
- $3,000
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 $280,000 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.
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Local Market Stats
See Santa Monica, CA 90402 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
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