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Under ContractSingleFamilyResidence

424 Marguerita Avenue

Santa Monica, CA, 90402

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$9,500,000

MLS: 26833807

Beds

4

Baths

5

Sq Ft

5,796

Lot

0.26 ac

Year Built

1990

MLS #

26833807

Days on Market

61

Listed

May 16, 2026

Description

Situated in a coveted Santa Monica enclave, on one of the most desired streets in the city, this timeless Mediterranean estate offers elegant coastal living just moments from the ocean. Step into a sumptuous living room with soaring two-story ceilings, a dramatic fireplace, and abundant natural light. The formal dining room exudes classic sophistication ideal for refined entertaining. The expansive primary suite is a true retreat, featuring a cozy sitting area and its own fireplace. Two additional en-suite bedrooms offer privacy and comfort, while a separate guest house is its own private suite perfect for visitors or extended stays. A warm and inviting library /media room with custom built-ins and a fireplace adds to the home's charm. There is also a dedicated office room for work or study. The kitchen is complete with a sunlit breakfast area, center island, and a well-appointed butler's pantry. Additional highlights include a bonus room, oak hardwood floors, and a total of three fireplaces. Outside, a tranquil patio which overlooks a lush garden, sparkling pool and spa with cascading waterfalls is your idyllic setting for both relaxation and entertaining. The interiors have been thoughtfully refreshed with designer-selected paint, refinished hardwood floors, and luxurious new carpeting, while the grounds have been completely reimagined with all-new, professional landscaping. Indulge in this rare blend of refined living and an unbeatable location, where the scent of salt air greets you with every dawn. Just moments from the beach, mornings here are marked by gentle ocean breezes, the distant sound of waves, and refreshing coastal light that fills the home bringing a sense of serenity that only near seaside living can offer.

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: Leonard Rabinowitz · Christie's International Real Estate SoCal

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

$68,703

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $950,000 · Loan: $8,550,000

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$54,945
Property tax (1.25%)
$9,896
Homeowners insurance
$300
Mortgage insurance
$3,563
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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 Jul 30, 2026

30-year fixed
6.66%
15-year fixed
6.04%

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 $332,500 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 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

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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.