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618 15th Street, Santa Monica, CA 90402

$10.0M6bd · 9ba · 7,027 sqft
Lot 7,498 sqft•Single Family Residence•
Active
•36d on market•MLS# 00-26992781

Property Description

Ideally located within walking distance of Montana Avenue's shops, restaurants, and schools, this exceptional Santa Monica residence, built by Fountainhead Homes, offers six en-suite bedrooms, nine baths, and sophisticated living across an impressive floor plan. Ten-foot ceilings, custom wainscoting and millwork, grandfathered square footage, and abundant storage add to the home's scale and character. The luxurious primary suite features a custom closet with island and jewelry drawers, while the spa-like bath offers dual toilets and sinks, heated floors, steam and rain showers, and a soaking tub. Additional amenities include a gourmet kitchen with two dishwashers, study with custom built-ins, gym, sauna, wine cellar, and media room with built-in risers and surround sound. Crestron automation, Springwell whole-house water filtration and softening, two laundry rooms, a full basement with natural light, and a two-car garage provide exceptional functionality. Accordion doors open to an outdoor entertaining area with built-in BBQ, fireplace, and television. Three fireplaces complete this beautifully appointed home in one of Santa Monica's most desirable locations.

Features & Amenities

FeeBuilt 2016

Property Details

Land Type
Fee
Year Built
2016
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
Flooring
Carpet, Tile, Wood
Roof
Stone
City
Santa Monica
Zip Code
90402
County
Los Angeles
Listed byCompass, Laura Brau

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$50,565.44
Principal & Interest
Loan Amount
$8,000,000
Total Interest
$10,203,559
Total Payment Over 30 Years
$18,203,559
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

618 15th Street, Santa Monica, CA 90402

Santa Monica · Single Family Residence

$10.0M
Luxury Tier
Beds
6
Baths
9
Sqft
7,027
Lot
7,498 sqft
Year
2016
$/Sqft
$1423
Pool: No✓
Spa: No✓

Listed 6.1% below the median closed sale of $10,650,000. Price per sqft ($1,423) is a 12% discount to closed comps ($1,622). Closed comps sold at 91% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $10.00M· $1,423/sqft
Total list price
Closed comps
vs closed median $10.65M
−$650K (−6.1%)
Active comps
vs active median $9.95M
+$50K (+0.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,456
−$33 (−2.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
310 22nd StreetSanta Monica1989687,0547,574$1,411$9.95M4587
751 Swarthmore AvenuePacific Palisades2023697,6399,007$1,368$10.45M107867
931 Chautauqua BoulevardPacific Palisades2008576,6209,475$1,329$8.79M4864
218 Alta AvenueSanta Monica2021454,9068,766$2,037$9.99M5263
12443 Sunset BoulevardLos Angeles2017777,8708,996$1,137$8.95M12460
Total: 5 · Average5.67.26,817.88,763.6$1,456.4$9.63M269.4
Median7,054$9.95M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
448 21st StreetSanta Monica201710/01/2026687,3118,954$11.29M$11.41M$1,5611.012888
210 21st StreetSanta Monica202010/08/2026686,5368,937$11.99M$11.33M$1,7330.944185
416 21st PlaceSanta Monica202407/07/2026686,3709,020$13.99M$10.65M$1,6720.7625084
615 23rd StreetSanta Monica202506/30/2026797,4528,700$10.99M$10.00M$1,3420.9111777
734 18th StreetSanta Monica201910/05/2026565,2008,940$9.99M$9.36M$1,8010.942773
Total: 5 · Average6.07.86,573.88,910.2$10.55M$10.55M$1,621.8—92.6
Median6,536$10.65M$10.65M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.