1029 Yale Street, Santa Monica, California 90403, Santa Monica, 90403 - 6 bed, 6 bath

1029 Yale Street, Santa Monica, California 90403 home-pic-0
ACTIVE UNDER CONTRACT$6,195,000
1029 Yale Street, Santa Monica, California 90403
6Beds
6Baths
4,254Sqft
6,400Lot
Year Built
2025
Close
-
List price
$6.2M
Original List price
$6.2M
Price/Sqft
$1,456
HOA
-
Days on market
-
Sold On
-
MLS number
25490491
Home ConditionExcellent
Features
Deck
View-

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,5 Pros. Rank: price - $6.20M(87th), sqft - 4254(80th), beds - 6(80th), baths - 6(73th).

Slated for completion in January 2026, this stunning 4,254 sq. ft. traditional-style residence is situated on a 6,400 sq. ft. lot in the highly desirable College Streets neighborhood of Santa Monica. The main house will feature a modern open-concept layout, perfectly suited for family living and entertaining. With 5 bedrooms, a dedicated office, and seamless indoor-outdoor flow, every space is thoughtfully designed for comfort and functionality. The detached guest house (ADU) adds even more versatility, offering private accommodations for guests, extended family, or a home office.Crafted with meticulous attention to detail and high-end finishes, this home promises to deliver state-of-the-art amenities in a warm, inviting atmosphere. A rare and exciting opportunity awaits to step in mid-construction and collaborate with the builder to design a home uniquely tailored to your lifestyle. Ideally located just moments from Montana Avenue's vibrant shops and Erewhon, this is your chance to secure a one-of-a-kind property in one of Santa Monica's most coveted neighborhoods. Don't miss this opportunity to make your dream home a reality!

Price History

Date
Event
Price
10/27/22
Sold
$2,925,000
Condition Rating
Excellent

This property is a brand-new construction slated for completion in January 2026. The description highlights a modern open-concept layout, meticulous attention to detail, high-end finishes, and state-of-the-art amenities. As a newly built home, all components, including the kitchen, bathrooms, appliances, and systems, will be new and meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & Customization: As a brand new home slated for completion in January 2026, it offers a rare opportunity for buyers to collaborate with the builder mid-construction, allowing for personalized design and finishes.
Premier Santa Monica Location: Ideally situated in the highly desirable College Streets neighborhood, moments from Montana Avenue's vibrant shops, dining, and Erewhon, ensuring a coveted lifestyle.
Detached Accessory Dwelling Unit (ADU): The detached guest house significantly enhances versatility, providing private accommodations for guests, extended family, or potential for rental income/dedicated home office.
Modern Design & High-End Finishes: Features a modern open-concept layout, meticulous attention to detail, high-end finishes, and state-of-the-art amenities, designed for luxurious family living and entertaining.
Generous Living Space: Offers a substantial 4,254 sq. ft. with 6 bedrooms and 6 bathrooms, including a dedicated office, ensuring ample space and functionality for a large household.

Cons

Delayed Occupancy: The property is still under construction with a projected completion in January 2026, requiring buyers to wait for move-in and potentially face construction-related delays.
Lot Size Relative to Price: While a good size, the 6,400 sq. ft. lot is on the smaller side for a luxury new build in this price range within Santa Monica, potentially limiting extensive outdoor amenities compared to some comparables.
Price Point vs. Estimated Value: The current list price of $6.195M is higher than the estimated property value of $5.97M, which could indicate a slight overvaluation or a premium for the new construction/customization not fully captured by standard models.

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