520 Marguerita Ave, Santa Monica, CA 90402

Property Description

Fantastic opportunity to purchase your New Construction Dream Home, or get a jump start and takeover the existing project now! Available to purchase now at its current stage of construction for $7,900,000 and finish on your own to fully customize! The budget to finish the project as currently designed is approximately $4,200,000. This includes pool, landscaping & current deposits already paid for many items. The only item not included in the completion is the equipment for the home theater. This incredible estate consists of a 3-level main house that will be almost 7,700 sqft plus a detached 1,172 ADU/Guest House with kitchen! Situated on an impressive 12,149 sqft lot with a beautiful pool, West of 7th! There is no better location North of Montana! The Contemporary Transitional home consists of 6 bedrooms and 6.5 baths plus a home theater & gym. The well-designed floorplan allows 4 en-suite bedrooms upstairs; a main level with office/6th bedroom, enormous open-concept great room and professional grade kitchen; all opening to the sprawling backyard; and lower entertaining level with all the bells & whistles! Above the 3-car garage a large guest house completes this sophisticated estate. The choice is yours! Have this dream compound completed for you, or purchase at $7,900,000 now and finish on your own with almost 1/3 of the expenses already paid! Plans and budget available to serious buyers.