1015 Franklin Street, Santa Monica, CA 90403

Property Description

Rare ground-up opportunity on an oversized 11,700 SF lot in Santa Monica's coveted Wilshire-Montana neighborhood, just minutes from the beach, Montana Avenue, and highly regarded Santa Monica-Malibu schools. Fully engineered, City-approved plans are in hand for a striking modern three-story residence, approximately 10,700 SF of interior living space, a 760 SF four-car garage, and nearly 2,700 SF of rooftop entertaining space, creating a total structure approaching 15,000 SF. Designed for sophisticated living and large-scale entertaining, the residence features seven bedrooms and nine bathrooms, including two oversized primary suites with private balconies, floor-to-ceiling glass, an elevator, and solar-ready, fire-sprinklered construction. The lower level is envisioned with a private movie theater, wet bar, wine cellar, two bedrooms, and a four-car garage, with one bedroom offering flexibility as a gym or fitness room. The expansive rooftop entertaining area is designed with outdoor seating and lounge spaces, a fire pit, and potential for a BBQ area, offering exceptional indoor-outdoor living and entertaining potential. The main level includes an additional bedroom that could also function as a private home office, along with separate living and family rooms. Opportunities to create a fully customized, architecturally distinctive residence of this scale on an oversized lot in Wilshire-Montana are exceptionally rare. This offering provides the opportunity to bring your own builder, materials, finishes, and vision to a truly one-of-a-kind residence in one of Santa Monica's most sought-after neighborhoods. Buyer to independently verify all square footage, dimensions, permit status, approvals, plans, development potential, and other property and project information with the City of Santa Monica Building and Safety Division and appropriate professionals prior to close of escrow.