1705 Ocean Avenue 502, Santa Monica, California 90401, Santa Monica, 90401 - 2 bed, 2 bath
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Santa Monica, California 90401
This Luxury Coastal Residence at The Waverly is listed at $2,700,000, representing a premium offering on prestigious Ocean Avenue. Although the Fair Market Value is $2,264,563, the property’s Excellent Condition Rating and unobstructed panoramic ocean views from the fifth floor command a significant market premium. Boasting a modern chef’s kitchen and floor-to-ceiling windows, this sanctuary is situated in the top-tier Santa Monica-Malibu Unified district. This move-in-ready home is an ideal match for Luxury Home-Seekers or Owner-Occupants seeking a sophisticated Pacific lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1705 Ocean Avenue 502 Subject | $2,700,000* List Price | 2 | 2 | 1,324 | $1,710 | - |
A 1755 Ocean Avenue 706 Sold | $2,125,000 | 2 | 2 | 1,400 | $1,518 | 0.1 mi |
B 1755 Ocean Avenue 514 Pending | $2,950,000 List Price | 2 | 2 | 1,570 | $1,879 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2014, this luxury residence falls within the 10-year window for excellent condition and features high-end contemporary finishes that remain in like-new condition. The kitchen is equipped with top-of-the-line stainless steel appliances, custom cabinetry, and premium stone countertops. The bathrooms are finished with floor-to-ceiling marble and modern fixtures, and the unit features high-quality wood flooring and floor-to-ceiling windows throughout with no visible signs of wear or deferred maintenance.
Positioned on the upper floors of The Waverly, this unit features floor-to-ceiling windows that provide unobstructed, breathtaking views of the Pacific Ocean, Santa Monica Mountains, and the coastline.
Built in 2014, the residence offers a sleek contemporary aesthetic with high-end finishes, including a chef's kitchen equipped with top-of-the-line appliances and a large functional island.
Located on prestigious Ocean Avenue, the property offers an elite lifestyle with immediate proximity to Santa Monica's world-class beaches, luxury dining, and high-end retail.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1324, other record living area = 1270.
The monthly association fee of $1,750 is substantial, which may be a deterrent for buyers sensitive to high recurring ownership expenses.
With a list price of $2.7 million for 1,324 square feet, the property is positioned at a very high price point per square foot, requiring a specific luxury-tier buyer.
The ocean view xondo at The Waverly in Santa Monica is a luxurious and modern residence offering stunning views of the Pacific Ocean. The condo is located on the upper floors, providing unobstructed views of the ocean and the Santa Monica mountain. As you enter the condo, you'll be greeted by a spacious and bright living area with floor-to-ceiling windows that let in plenty of natural light. The interior design is sleek and contemporary, with clean lines and a neutral color palette that complements the ocean views. The fully equipped kitchen features top-of-the-line appliances and a large island that's perfect for preparing meals or entertaining guests. The dining area, located adjacent to the kitchen, offers plenty of seating for a dinner party or intimate meal.The main bedroom is a peaceful retreat, with stunning ocean views.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,324 | 1,294.5 | 50% |
| Lot Size | 40,866 | 13,113.5 | 75% |
| Price | $2.70M | $1.25M | 75% |
| Price per sq ft | $2.0K | $1.0K | 88% |
| Built year | 2014 | 2014 | 50% |
| HOA | $1750.0 | $1.7K | 63% |
| Days on market | 9 | 120 | 13% |
Apr 13, 2026
$2,700,000
Initial Listing