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548 15th Street, Santa Monica, California 90402, Santa Monica, 90402 - 5 bed, 7 bath

548 15th Street, Santa Monica, California 90402 home-pic-0
ACTIVE$7,995,000
548 15th Street, Santa Monica, California 90402
5Beds
7Baths
6,000Sqft
7,526Lot
Year Built
2023
Close
-
List price
$8M
Original List price
$8.85M
Price/Sqft
$1,333
HOA
-
Days on market
-
Sold On
-
MLS number
25524047
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $8.00M(79th), sqft - 6000(94th), beds - 5(70th), baths - 7(90th).

Major price reduction. Welcome to this new construction built in 2023 in the prestigious north of Montana neighborhood. This luxurious residence features 5 bedrooms and 7 bathrooms approximately 6000 square feet of living space situated on one of the very best streets in Santa Monica. The main level boasts an open floor plan with living room, formal dinning room, family room, spacious office/study all with detailed high ceilings. A large Chef's kitchen equipped with Sub-Zero and Wolf and other high-end appliances and custom made cabinetry. Second level with master bedroom and three en-suites, all with wide-plank oaks flooring. The spacious lower level with tile flooring has a family room with bar for more entertaining, a complete bedroom, gym/fitness room, large laundry room and a beautiful media/theatre with a large TV screen. Outdoor with grassy yard, heated pool/spa and BBQ. Truly a beautiful house with high quality finishes throughout .The house also features solar panels, multi-zone heating and cooling, control 4 automation technology and two fireplaces. Only steps to all of the elegant Montana Avenue has to offer, shopping, dinning, biking, walking and much much more.

Nearby schools

8/10
Roosevelt Elementary School
Public,•K-5•0.5mi
9/10
Franklin Elementary School
Public,•PK-5•0.8mi
5/10
Brentwood Science School
Public,•K-5•1.7mi
8/10
Lincoln Middle School
Public,•6-8•0.6mi
8/10
Santa Monica High School
Public,•9-12•1.8mi

Price History

Date
Event
Price
08/23/25
Price Change
$7,995,000
04/11/25
Listing
$8,849,000
07/07/15
Sold
$3,000,000
12/15/95
Sold
$790,000
Condition Rating
Excellent
This property is a brand new construction, built in 2023, featuring high-end finishes, Sub-Zero and Wolf appliances in the chef's kitchen, custom cabinetry, wide-plank oak flooring, and modern tile. The bathrooms are pristine with contemporary designs. It includes advanced systems like multi-zone heating/cooling and Control4 automation, indicating no deferred maintenance and meeting the highest quality standards for a newly built home.
Pros & Cons

Pros

Great Schools: Elementary School: Franklin Elementary School (9/10).
Prime North of Montana Location: Situated in the prestigious North of Montana neighborhood, on one of Santa Monica's best streets, offering immediate access to Montana Avenue's upscale shopping, dining, and recreational activities.
Brand New Luxury Construction: Built in 2023, this new construction boasts high-quality finishes throughout, modern design, and advanced features like solar panels, multi-zone heating/cooling, and Control4 automation technology.
Expansive & Functional Living Space: With approximately 6,000 square feet, 5 bedrooms, and 7 bathrooms, the property features an open floor plan, detailed high ceilings, a spacious office/study, and wide-plank oak flooring.
Gourmet Chef's Kitchen: The large Chef's kitchen is equipped with top-of-the-line Sub-Zero and Wolf appliances, complemented by custom cabinetry, catering to discerning culinary enthusiasts.
Comprehensive Entertainment & Wellness Amenities: The property offers extensive amenities including a lower-level family room with a bar, a dedicated gym/fitness room, a media/theatre, a heated pool/spa, grassy yard, and a BBQ area for ultimate leisure and entertaining.

Cons

Significant Price Reduction: A 'Major price reduction' from the original list price suggests potential initial overpricing or market resistance, which could raise questions for prospective buyers.
Absence of Views: The property explicitly states 'view: None,' which can be a notable drawback for a luxury residence in Santa Monica, where ocean or city views are often highly sought after.
Limited Buyer Pool: Despite the price reduction, the nearly $8 million price point targets a very specific and limited segment of the luxury market, potentially impacting the speed of sale.

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