Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

528 Marguerita Avenue

Santa Monica, CA, 90402

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$16,495,000

MLS: 25622733

Beds

6

Baths

8

Sq Ft

7,710

Lot

0.25 ac

Year Built

2025

MLS #

25622733

Days on Market

142

Listed

Dec 1, 2025

Description

Set behind a canopy of mature olive trees that lend both shade and privacy, this newly built architectural residence spans approximately 7,700 square feet across two levels and a full basement. The main level unfolds with dramatic scale, offering expansive living, dining, and family rooms anchored by a sleek fireplace and framed by soaring floor-to-ceiling windows that flood the interiors with natural light. A flexible office or guest suite with an adjoining three-quarter bath enhances the layout. The gourmet kitchen is a statement in design, appointed with bespoke DOCA cabinetry, quartz countertops, a professional 6-burner cooktop with hood, Miele double ovens, wine refrigerator, beverage center, microwave, and a generous sized pantry. Upstairs, three spacious en-suite bedrooms include a tranquil primary suite featuring a fireplace, private balcony, custom oversized closet, dual sinks, freestanding soaking tub, and a luxurious rain shower. A serene hallway patio and a second laundry room add both style and convenience. The lower level is dedicated to leisure and wellness, boasting a state-of-the-art theater, fitness studio, wet bar, sauna, steam shower, bedroom with en-suite bath, custom built-ins, and a refined fireplace. Outdoors, the resort-style backyard is designed for entertaining with a sparkling pool and spa, barbecue island, mini-fridge, and a two-car garage. A private junior ADU suite offers further versatility with a kitchenette, stacked washer/dryer, three-quarter bath, balcony, and dramatic floor-to-ceiling windows. Additional highlights include wide-plank hardwood and stone flooring throughout, elevator access to all levels, and a fully integrated Crestron smart home system. Located on one of Santa Monica s most desirable streets, just moments from Palisades Park, the beach, fine dining, and luxury shopping.

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: Shirli Depas · Compass

Payment estimate

$114,881

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,649,500 · Loan: $14,845,500

%
Principal & Interest
$91,213
Property tax (1.25%)
$17,182
Homeowners insurance
$300
Mortgage insurance
$6,186
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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 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 $577,325 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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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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