1705 Ocean Avenue, 311, Santa Monica, CA 90401
1705 Ocean Avenue, 311, Santa Monica, CA 90401
Property Description
Experience elevated coastal living in this beautifully designed 2-bedroom, 2-bathroom residence offering at The Waverly, Santa Monica's premier luxury condominium designed by acclaimed architects Marmol Radziner. Thoughtfully appointed with designer finishes, expansive light-filled interiors, and an open floor plan, this exceptional home seamlessly blends contemporary elegance with effortless comfort. Adding to its unique appeal, two Academy Award winners have called this residence home. Residents enjoy full-service concierge amenities, an Equinox-designed fitness center, resident lounge, and dog grooming facility. Ideally located across from the Pacific Ocean and Tongva Park, and just moments from the Santa Monica Pier, Third Street Promenade, Shutters on the Beach, acclaimed dining, shopping, and the best of Santa Monica's vibrant coastal lifestyle.
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 $2,000,000. Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 131 days on market. 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 | 2014 | 2 | 3 | 1,610 | 0 | $1,359 | $2.19M | 38 | 94 |
| 1755 Ocean Ave | Santa Monica | 2014 | 2 | 2 | 1,470 | 0 | $1,463 | $2.15M | 156 | 93 |
| 1705 Ocean Avenue | Santa Monica | 2014 | 2 | 2 | 1,660 | 40,866 | $1,385 | $2.30M | 18 | 89 |
| 212 Bay Street | Santa Monica | 2025 | 2 | 3 | 2,200 | 6,007 | $1,041 | $2.29M | 79 | 68 |
| 2222 Neilson Way | Santa Monica | 1991 | 3 | 3 | 1,805 | 8,426 | $1,080 | $1.95M | 73 | 64 |
| Total: 5 · Average | 2.2 | 2.6 | 1,749 | 18,433 | $1,265.6 | $2.18M | 72.8 | |||
| Median | 1,660 | $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 |
| 201 Ocean Avenue | Santa Monica | 1971 | 05/05/2026 | 2 | 2 | 1,229 | 38,608 | $2.00M | $1.80M | $1,465 | 0.90 | 208 | 73 |
| 3002 3rd Street | Santa Monica | 1991 | 04/13/2026 | 2 | 3 | 1,914 | 39,435 | $2.00M | $1.96M | $1,021 | 0.98 | 89 | 71 |
| 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 | 70 |
| 701 Ocean Avenue | Santa Monica | 1993 | 08/31/2026 | 2 | 3 | 1,924 | 41,952 | $2.25M | $2.23M | $1,159 | 0.99 | 179 | 70 |
| Total: 5 · Average | 2.0 | 2.6 | 1,737.2 | 79,055 | $2.05M | $2.05M | $1,217.6 | — | 131 | ||||
| Median | 1,914 | $2.00M | $2.00M | ||||||||||
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.