450 15th Street
Santa Monica, CA, 90402
$12,995,000
MLS: 26653809
Beds
8
Baths
8
Sq Ft
6,244
Lot
0.17 ac
Year Built
2026
MLS #
26653809
Days on Market
8
Listed
Feb 19, 2026
Description
Property currently under construction, photos are artist renderings and features may vary. Located just 15 blocks from the beach on the picturesque west side of 15th Street within the Franklin School District, this future contemporary residence, architecturally designed by BSPK Design with interiors by Studio Brinkley, is estimated to span approximately 6,244 square feet and offer 8 bedrooms and 8 bathrooms. Designed with organic warmth and understated elegance, a gallery-style entry leads to an open floor plan connecting the formal living, dining, and kitchen spaces, complemented by a pantry and refined natural stone, oak, and brass finishes. The main level includes a formal entry, study, and an additional ensuite bedroom. The second level is planned to feature the primary suite with walk-in closet, dual sinks, and spa-like bath, along with two additional ensuite bedrooms. The lower level is designed as a full amenity retreat with a theater, gym, spa, massage room, game room, recreation room, and bedroom. Additional features include elevator access to all levels, an attached two-car garage, and owned solar panels. The property will also include a detached 2-bedroom, 1-bath ADU with its own living room and kitchen. The resort-style backyard is planned to feature a pool, spa, and built-in BBQ, creating an ideal setting for entertaining. Buyer to verify all details, permits, and specifications. Estimated completion date to be determined.
Location
Santa Monica, Los Angeles County, CA 90402
Open on Google Maps ↗Listed by: Bjorn Farrugia · Carolwood Estates
Payment estimate
$90,569
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $1,299,500 · Loan: $11,695,500
- Principal & Interest
- $71,859
- Property tax (1.25%)
- $13,536
- Homeowners insurance
- $300
- Mortgage insurance
- $4,873
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 $454,825 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.
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Local Market Stats
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