
1705 Ocean Avenue, 314, Santa Monica, CA 90401
1705 Ocean Avenue, 314, Santa Monica, CA 90401
Property Description
Experience the pinnacle of coastal luxury at The Waverly, a premier residential masterpiece in Santa Monica crafted by renowned architects Marmol Radziner and developed by the award-winning Related Company. This sophisticated 2-bedroom home showcases soaring ceilings and walls of glass that frame panoramic views of the city, mountains, and lush greenery of Tongva Park. Inside the expansive open layout, you will find a private balcony alongside a high-end chef's kitchen featuring custom cabinetry, premium quartzite countertops, and elite Thermador appliances. The primary suite serves as a tranquil retreat, complete with walk-in closets and a spa-inspired en-suite bathroom outfitted with dual sinks, a separate shower, and a soaking tub. Life at this prestigious Ocean Avenue address includes access to five-star, full-service concierge support and a 24-hour front desk. Residents benefit from an Equinox-designed fitness center, a resident lounge, a private theatre, a conference room, secure parking, and on-site pet grooming. For entertaining, the building offers a stunning rooftop deck and a signature 5th-floor Sky Bridge lounge complete with an outdoor fireplace, a full kitchen, a BBQ area, and sweeping Pacific Ocean vistas. Set directly across from Tongva Park, the property places you just steps from the beach, Santa Monica Pier, Third Street Promenade, Main Street, and the area's finest dining and shopping. Professionally staged and ready to show.
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 ($1,359) is a 21% premium to closed comps ($1,121). Closed comps sold at 100% of list — strong seller's 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 212 Bay Street | Santa Monica | 2025 | 2 | 3 | 2,200 | 6,007 | $1,041 | $2.29M | 79 | 87 |
| 1705 Ocean Avenue | Santa Monica | — | 2 | 2 | 1,574 | 40,870 | $1,302 | $2.05M | 100 | 81 |
| 1755 Ocean Ave | Santa Monica | 2014 | 2 | 2 | 1,470 | 0 | $1,463 | $2.15M | 156 | 80 |
| 1705 Ocean Avenue | Santa Monica | 2014 | 2 | 2 | 1,660 | 40,866 | $1,385 | $2.30M | 18 | 75 |
| 125 Pacific Street | Santa Monica | 2011 | 3 | 3 | 1,910 | 18,075 | $1,254 | $2.40M | 41 | 68 |
| Total: 5 · Average | 2.2 | 2.4 | 1,762.8 | 26,454.5 | $1,289 | $2.24M | 78.8 | |||
| Median | 1,660 | $2.29M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 86 |
| 212 Bay Street | Santa Monica | 2025 | 07/27/2026 | 2 | 3 | 2,200 | 6,007 | $2.00M | $2.00M | $909 | 1.00 | 38 | 73 |
| 611 Pacific Street | Santa Monica | 1990 | 08/18/2026 | 3 | 3 | 2,306 | 4,368 | $2.29M | $2.27M | $983 | 0.99 | 36 | 72 |
| 2203 3rd Street | Santa Monica | 1999 | 05/08/2026 | 2 | 3 | 2,117 | 0 | $2.10M | $2.00M | $945 | 0.95 | 119 | 72 |
| 25 Sea Colony Drive | Santa Monica | 1979 | 06/25/2026 | 2 | 3 | 1,855 | 127,936 | $2.00M | $2.36M | $1,272 | 1.18 | 28 | 61 |
| Total: 5 · Average | 2.2 | 2.8 | 1,996 | 83,634 | $2.17M | $2.17M | $1,121.4 | — | 56.2 | ||||
| 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.