Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

562 Stassi Lane

Santa Monica, CA, 90402

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$5,995,000

MLS: 26661823

Beds

4

Baths

5

Sq Ft

5,228

Lot

0.34 ac

Year Built

2006

MLS #

26661823

Days on Market

32

Listed

Mar 20, 2026

Description

Tucked away on a cul-de-sac and designed by Melinda Gray, AIA, this Santa Monica Canyon architectural offers curated, dreamy moments, clean lines, lofty ceilings, and an expert use of space at every turn. With a focus on an indoor-outdoor lifestyle optimized, large pocket doors and walls of glass disappear to provide elegant harmony with the home's natural surroundings. Glossy wood floors flow throughout each of the entertaining spaces, from the picturesque formal dining room to the living room with the striking staircase as its centerpiece. Exposed wood and steel beams contrast above an important stone fireplace as floor-to-ceiling windows showcase lush greenery. The open commercial-style kitchen is appointed with a massive island with bar ledge and chef-grade cooktop with hood, state-of-the-art Miele appliances, and copious counter preparation space. Outside, verdant ivy flourishes as it climbs the exterior's smooth concrete, softening the industrial-chic vibe. Sway on clever swing seating, relax in the pool with water feature and spa, or converse and entertain guests around the terraced fire pit and conversation table shrouded in leafy, tropical greenery. Upstairs, the primary suite has high ceilings, private balcony access, walk-in closet with built-in storage, and a bathroom with floating dual-sink vanity, separate soaking tub, and glass-enclosed rainwater steam shower. A vast junior primary suite, also with a spa-like bath, has a built-in L-shaped desk for study and play plus a sliding door to its own sunny platform overlooking the grounds below. Secondary bedrooms and bathrooms are well-considered and feature built-ins and design elements that continue the home's theme. There is also a loft-style bonus area with built-ins for use as a library, reading nook, yoga, media, or anything imaginable, all lit by natural light. On the lower level, discover a game room with herringbone flooring and a secret door which opens to a hidden theatre for screening films! Welcome to the best location where Santa Monica meets the Palisades, close to world-famous beaches stretching from Malibu to the marina, the pier, parks, boutiques, ten-rated Canyon Elementary, fine dining, and all that makes the Westside such a perfect place to be.

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: Sally Forster Jones · Compass

Payment estimate

$41,944

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $599,500 · Loan: $5,395,500

%
Principal & Interest
$33,151
Property tax (1.25%)
$6,245
Homeowners insurance
$300
Mortgage insurance
$2,248
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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 $209,825 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.

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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