
1705 Ocean Avenue, 307, Santa Monica, CA 90401
1705 Ocean Avenue, 307, Santa Monica, CA 90401
Property Description
Featuring one of the building's most desirable floor plans, this natural light-filled, coveted corner-unit residence at The Waverly captures the essence of refined coastal living. Expansive windows frame a beautiful, lush treescape and capture peek-a-boo views of the Pacific Ocean and the iconic Santa Monica Pier Ferris wheel creating a wonderful sense of openness throughout the home. Beautifully conceived interiors by Marmol Radziner complement the home's open, airy layout, with generously proportioned living and dining spaces that flow effortlessly from a well-appointed kitchen featuring an expansive breakfast bar. The spacious primary suite is a serene retreat, complete with a luxurious marble-appointed bath, while a second bedroom features its own ensuite bath. Recently refinished wide-plank hardwood floors bring warmth and continuity to the interiors, further elevating the home's understated sophistication. Designed by renowned architects Moore Ruble Yudell, the Waverly offers a sought-after lock-and-leave lifestyle with concierge services. Ideally located on Ocean Avenue, moments from the beach, Palisades Park, Montana Avenue, the famous Santa Monica Farmers Market, Venice, Pacific Coast Highway, and the 10 Freeway, this home places the very best of coastal living at your doorstep. Whether as a primary residence, pied-a-terre, or investment property, unit 307 represents one of the most compelling ownership opportunities currently available at The Waverly.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Santa Monica · Condominium
Listed in line with the median closed sale of $2,250,000. Price per sqft ($1,385) is a 22% premium to closed comps ($1,134). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1705 Ocean Avenue | Santa Monica | — | 2 | 2 | 1,574 | 40,870 | $1,302 | $2.05M | 100 | 96 |
| 1705 Ocean Avenue | Santa Monica | 2014 | 2 | 3 | 1,610 | 0 | $1,359 | $2.19M | 38 | 95 |
| 1755 Ocean Ave | Santa Monica | 2014 | 2 | 2 | 1,470 | 0 | $1,463 | $2.15M | 156 | 92 |
| 125 Pacific Street | Santa Monica | 2011 | 3 | 3 | 1,910 | 18,075 | $1,254 | $2.40M | 41 | 76 |
| 212 Bay Street | Santa Monica | 2025 | 2 | 3 | 2,200 | 6,007 | $1,041 | $2.29M | 79 | 68 |
| Total: 5 · Average | 2.2 | 2.6 | 1,752.8 | 21,650.667 | $1,283.8 | $2.21M | 82.8 | |||
| Median | 1,610 | $2.19M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2203 3rd Street | Santa Monica | 1999 | 05/08/2026 | 2 | 3 | 2,117 | 0 | $2.10M | $2.00M | $945 | 0.95 | 119 | 79 |
| 212 Bay Street | Santa Monica | 2025 | 07/27/2026 | 2 | 3 | 2,200 | 6,007 | $2.00M | $2.00M | $909 | 1.00 | 38 | 67 |
| 120 Ocean Park Boulevard | Santa Monica | 1987 | 10/22/2026 | 2 | 2 | 1,502 | 196,225 | $2.50M | $2.25M | $1,498 | 0.90 | 60 | 66 |
| 235 Ocean Park Boulevard | Santa Monica | 2005 | 04/28/2026 | 3 | 3 | 1,904 | 6,571 | $2.60M | $2.54M | $1,334 | 0.98 | 112 | 65 |
| 611 Pacific Street | Santa Monica | 1990 | 08/18/2026 | 3 | 3 | 2,306 | 4,368 | $2.29M | $2.27M | $983 | 0.99 | 36 | 60 |
| Total: 5 · Average | 2.4 | 2.8 | 2,005.8 | 53,292.75 | $2.21M | $2.21M | $1,133.8 | — | 73 | ||||
| Median | 2,117 | $2.25M | $2.25M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.