Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

328 21st Place

Santa Monica, CA, 90402

1 / 4View all 4 photos

$15,995,000

MLS: 26653199

Beds

8

Baths

9

Sq Ft

7,497

Lot

0.21 ac

Year Built

2026

MLS #

26653199

Days on Market

8

Listed

Feb 19, 2026

Description

Currently under construction, this exceptional estate-architecturally designed by BSPK Design and interiors curated by Studio Brinkley-is envisioned to offer approximately 7,497 sq. ft. of refined living space with 8 bedrooms and 9 bathrooms in the heart of Santa Monica. Thoughtfully planned with warm modern elegance and organic comfort, the residence is anticipated to showcase wide-plank oak flooring, a grand entry hall, private study, and a dramatic architectural statement staircase. Expansive open-concept living and dining areas are designed to be filled with natural light and anchored by a sophisticated fireplace, creating an atmosphere of effortless luxury. The chef's kitchen is planned to feature quartz countertops, an oversized island, and bespoke designer finishes, ideal for elevated everyday living and entertaining. Resort-inspired grounds are expected to include a pool and spa, outdoor kitchen, and a privately situated guest house/ADU with kitchenette, living area, and bedroom accommodations. The main level is designed to incorporate an additional private suite, while the upper level will host three spacious bedroom suites, highlighted by a stunning primary retreat envisioned with a fireplace, sitting area, walk-in closet, soaking tub, dual vanities, and spa-like finishes. The lower level is planned as a true lifestyle sanctuary, complete with fitness center, sauna, steam room, theater, lounge, laundry, and additional bedrooms. Future amenities are expected to include an elevator and two-car garage, presenting a rare opportunity to own a newly built contemporary masterpiece in one of the city's most coveted locations. Photos are artist renderings for illustrative purposes only. Actual design, finishes, and features may vary.

Location

Santa Monica, Los Angeles County, CA 90402

Open on Google Maps ↗

Listed by: Shirli Depas · Compass

Payment estimate

$111,408

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,599,500 · Loan: $14,395,500

%
Principal & Interest
$88,448
Property tax (1.25%)
$16,661
Homeowners insurance
$300
Mortgage insurance
$5,998
Open the full calculator →

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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

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

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 $559,825 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.

Similar Homes Nearby

Active and pending listings in ZIP 90402 (Santa Monica) within ±10% of this home's price and size.

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

Only large teams outsell Mike Watson · Keller Williams Realty

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access