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PendingSingleFamilyResidence

537 15th Street

Santa Monica, CA, 90402

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$8,200,000

MLS: 26947717

Beds

6

Baths

8

Sq Ft

4,456

Lot

0.17 ac

Year Built

2028

MLS #

26947717

Days on Market

0

Listed

Sep 9, 2026

Description

North of Montana is one of Santa Monica's most coveted residential enclaves, where quiet, tree-lined streets, deep lots, top-rated schools, and proximity to Montana Avenue create a lifestyle buyers rarely get the opportunity to enter. Situated on a premier lot along a quiet, minimally trafficked street, 537 15th St is just two blocks from Montana Avenue and steps from some of the area's most popular restaurants and destinations, including Father's Office, R&D Kitchen, LALA Land, The Win-dow, and Breadhead. Franklin Elementary, an award-winning public school rated 10/10, is less than one mile away, while the assigned elementary, middle, and high schools are among the highest-rated in Los Angeles, each ranking between 8 and 10 out of 10. The Brentwood Farmers Market is also just a short drive away. New construction North of Montana is exceptionally rare, making 537 15th St an opportunity to engage at the earliest stage of development. Design selections, personalized finishes, preferred pricing, and a guaranteed completion date are all still available, giving buyers the greatest opportunity for choice before construction progresses. The 50-by-150-foot lot creates an exceptional footprint, with a backyard anchored by a 10-by-22-foot pool. A covered patio extends directly from the main residence into the yard, complemented by a second-story deck above, creating seamless connections to the outdoors throughout the two-story Spanish-style home. What makes this property genuinely unusual, even within North of Montana, is the breadth of its living configurations. The main residence provides the primary household space, while a private JADU offers a self-contained option with its own bedroom, bathroom, and separate entrance. The detached two-story ADU adds a third structure entirely, featuring its own bedroom, 1.5 bathrooms, and private garage. All bedrooms throughout the main residence are en-suite, providing comfort and privacy for family and guests. Each living space offers the flexibility to serve a distinct purpose from extended family and long-term guests to a private workspace or potential rental income. Combining a premier North of Montana location, exceptional lot, resort-style outdoor amenities, and unprecedented flexibility, 537 15th St presents a rare opportunity to create a new home in one of Santa Monica's most desirable neighborhoods. Unlock the advantages of buying a work-in progress home built by Thomas James Homes, a national leader in high-quality single-family residences. Learn about the preferred pricing plan, personalized design options, guaranteed completion date and more. Contact TJH to learn the benefits of buying early. Home pricing is subject to change at any time without notice or obligation. No representations or warranties, express or implied, are made by Seller or Seller's Broker/Agent regarding square footage, lot size or dimensions. Buyer is advised to independently verify all dimensions during the investigation period and rely solely on Buyer's own investigations or those of professionals retained by Buyer. All imagery is illustrative, subject to change, and does not depict the subject property.

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: Jamele Mason · Thomas James Real Estate Services, Inc

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

$63,014

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $820,000 · Loan: $7,380,000

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$51,098
Property tax (1.25%)
$8,542
Homeowners insurance
$300
Mortgage insurance
$3,075
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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 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 $287,000 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

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.