7,500 Square Feet of Brand New Luxury in Santa Monica
If you're in the market for a new construction dream home, you won't want to miss the opportunity to own 520 Marguerita AVE in Santa Monica, CA. This stunning estate is currently available for purchase at its current stage of construction for $7,900,000. Alternatively, if you're feeling ambitious, you can take over the existing project and fully customize the finishing touches to create the perfect home for you and your family.
The existing plans for this home are truly magnificent, with a 3-level main house that will span almost 7,700 sqft. There's also a detached 1,172 ADU/Guest House with a kitchen, providing ample space for guests or extended family. The property sits on an impressive 12,149 sqft lot and boasts a beautiful pool, all located West of 7th, in one of Santa Monica's most desirable neighborhoods.
Inside, the home features six bedrooms, 6.5 baths, a home theater, and a gym. The well-designed floorplan includes four en-suite bedrooms upstairs, a main level with an office/6th bedroom, an enormous open-concept great room, and a professional-grade kitchen. The great room opens up to the sprawling backyard, perfect for entertaining guests. The lower level is designed for pure entertainment, with all the bells and whistles you could ask for.
The plans for this home also include a large guest house that sits above the 3-car garage, completing this sophisticated estate. The choice is yours, whether you want to have this dream compound completed for you or purchase it now and finish it yourself, with almost a third of the expenses already paid!
The budget to finish the project as currently designed is approximately $4,200,000, which includes the pool, landscaping, and current deposits already paid for many items. The only item not included in the completion is the equipment for the home theater. Plans and budget are available to serious buyers.
In Santa Monica, there's no better location North of Montana, and 520 Marguerita AVE is proof of that. With this property, your dream home awaits.
Click on the property address above for additional details and photos...
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