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

941 Yale Street, Santa Monica, California 90403 home-pic-0
ACTIVE$5,695,000
941 Yale Street, Santa Monica, California 90403
6Beds
6Baths
5,170Sqft
8,816Lot
Year Built
1989
Close
-
List price
$5.7M
Original List price
$6M
Price/Sqft
$1,102
HOA
-
Days on market
-
Sold On
-
MLS number
24463603
Home ConditionGood
Features
Good View: City Lights, Pool
Pool
Patio
ViewCity Lights,Pool

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 4 Cons,5 Pros. Rank: price - $5.70M(80th), sqft - 5170(87th), beds - 6(80th), baths - 6(73th).

Welcome to this elegant and stunning custom built contemporary home in prime and best Santa Monica living. An amazing 2-story , 5,170 sq. ft living space on a spacious 8,814 sq. ft lot with ideal layout. The grand double door entry with a generous formal dinning room and bar is perfect for entertainment . Immense amount of natural lights, soaring ceilings throughout and an open floor plan. 6 total bedroom + Maid's room+ 5 1/2 bath and Den with Fireplace . Chef's kitchen , custom made cabinetry with Quartz counters and remodeled Island with breakfast area and stainless steel appliances. Beautiful backyard with over sized pool and BBQ area and custom made patio. Spacious balcony in Master bedroom and huge balcony in back bedrooms over looking trees and pool . Recess lighting throughout , a new roof and updated A/C, Dry sauna, French doors, marble stairs walk-in closet, spacious balconies. Situated in a Top-Rated School District, UCLA, near Montana Ave. , shopping , Whole Foods, Restaurants and the beach. Located on one of the area's most desirable tree-lined Streets. Luxury at its finest

Price History

Date
Event
Price
10/16/25
Sold
$4,550,000
Condition Rating
Good
Built in 1989, this property has undergone significant updates that elevate its condition. The description highlights a 'Chef's kitchen' with 'custom made cabinetry, Quartz counters, remodeled Island, and stainless steel appliances,' indicating a modern and high-quality renovation in a key area. Furthermore, a 'new roof and updated A/C' ensure major systems are functional and within their expected lifespan. While the property's age (35 years) and the 'implied dated design elements' mentioned in the analysis prevent an 'Excellent' rating, these substantial renovations and overall luxurious description suggest a move-in ready home with minimal wear and tear, aligning well with the 'Good' criteria.
Pros & Cons

Pros

Prime Santa Monica Location: Situated in a highly desirable, tree-lined street in Santa Monica, offering access to top-rated schools, UCLA, Montana Ave. shopping, Whole Foods, restaurants, and the beach.
Spacious & Luxurious Living: An elegant, custom-built contemporary home boasting 5,170 sq. ft. of living space on a generous 8,814 sq. ft. lot, featuring 6 bedrooms plus a maid's room, 5.5 baths, soaring ceilings, and an open floor plan.
Updated Chef's Kitchen: The property features a chef's kitchen with custom cabinetry, Quartz counters, a remodeled island with a breakfast area, and stainless steel appliances, catering to modern culinary needs.
Exceptional Outdoor Amenities: A beautiful backyard includes an oversized pool, BBQ area, custom patio, and spacious balconies off the master and back bedrooms overlooking trees and the pool, ideal for entertaining and relaxation.
Modern Comforts & Features: Equipped with recent updates such as a new roof, updated A/C, recess lighting throughout, a dry sauna, French doors, and marble stairs, enhancing comfort and luxury.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-10-16. The sold price is $4,550,000.00.
Potential Overpricing: The current listing price of $5.695M is significantly higher than the estimated property value of $4.799M, indicating a potential overvaluation of approximately 15% relative to market expectations.
Extended Time on Market: Having been on the market since November 2024 (approximately 6 months) suggests a slower absorption rate compared to similar properties in the area, potentially due to pricing or market perception.
Dated Design Elements (Implied): While some updates are noted, the 1989 build year for a 'custom built contemporary' home may mean certain architectural styles or finishes in areas beyond the kitchen could be considered dated by today's luxury market standards, especially when competing with newer constructions.

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