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515 Ocean Ave 706S, Santa Monica, CA 90402

List Price: $3,999,000On Market FlagOn market
Jun 12, 20251,490 sqft2 beds2 baths
Listed by: Cindy Leight
License #: 01889091
Phone #: 310-266-9260
Sotheby's International Realty
Source:
CRMLS Logo
MLS #: 25551495

Property Description

Elevated Coastal Living| 515 Ocean Avenue, Residence 706S, Santa Monica. Experience refined coastal luxury in this fully reimagined designer residence on iconic Ocean Avenue, in the coveted North of Montana enclave directly across from Palisades Park. With sweeping ocean and mountain views, this home offers walkability to Santa Monica's best dining, shopping, and beaches. The residence showcases curated craftsmanship and high-end finishes throughout: custom Italian cabinetry, French white oak floors, electronic shades, and a full Control4 smart home system. The chef's kitchen features Miele appliances including induction cooktop, steam and standard ovens- a Galley sink, and Dornbracht fixtures, all integrated into a clean modern design. Fleetwood floor-to-ceiling doors flood the space with natural light and open to a private balcony with direct access from the living room, second bedroom/office, and primary suite blurring the line between indoors and out. The primary suite offers dual Italian closets, balcony access, and a spa-inspired marble bathroom with an oversized shower, custom vanity and Toto bidets in both bathrooms. The second bedroom, currently configured as an office, is across from a luxurious bathroom featuring a deep soaking tub. Additional highlights include two garage parking spaces with an EV charging station, in-unit laundry, secure storage, and full-service building amenities: 24-hour concierge, valet, gym, pool, spa, and security. Earthquake retrofitting and building upgrades are underway, with all current assessments paid in full. Buyer to confirm. A rare opportunity to own a truly elevated coastal residence in one of Santa Monica's most desirable locations.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$18,147

TurboHome Estimated Value

$2,604,400

$1,748 sqft

High Valuation
$2,734,620
$1835/sqft
Normal Valuation
$2,604,400
$1748/sqft
Low Valuation
$2,474,180
$1661/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1748/sqft$2,604,400

Neighborhood

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Comparative Value

$1.65M

$1.91M

$2.30M

$2.55M

$4.00M

201 Ocean Ave 1701B, Santa Monica, CA 90402

Sale Price: $1,650,000

Selected Comparable

202 San Vicente Blvd 11, Santa Monica, CA 90402

Sale Price: $1,725,000

Selected Comparable

201 Ocean Ave 808P, Santa Monica, CA 90402

Sale Price: $1,910,000

Selected Comparable

515 Ocean Ave 404N, Santa Monica, CA 90402

Sale Price: $2,300,000

Selected Comparable

535 Ocean Ave 10C, Santa Monica, CA 90402

Sale Price: $2,550,000

Selected Comparable

515 Ocean Ave 706S, Santa Monica, CA 90402

List Price: $3,999,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
515 Ocean Ave 706S, Santa Monica, CA 90402

515 Ocean Ave 706S, Santa Monica, CA 90402

List: $3,999,000

Listed: 6/12/2025

Area:1,490 sqft
Price/sqft:$2,684
Beds:2
Baths:2
Year Built:
Lot Size:67,430.88

Comparable Properties

COMPARABLE
Choose comps
515 Ocean Ave 404N, Santa Monica, CA 90402

515 Ocean Ave 404N, Santa Monica, CA 90402

Sale: $2,300,000

2/24/20250.00 mi

Area:1,490 sqft
Price/sqft:$1,544
Beds:2
Baths:2
Year Built:
Weight:22.1%
535 Ocean Ave 10C, Santa Monica, CA 90402

535 Ocean Ave 10C, Santa Monica, CA 90402

Sale: $2,550,000

11/5/20240.04 mi

Area:1,585 sqft
Price/sqft:$1,609
Beds:2
Baths:2
Year Built:
Weight:20.4%
201 Ocean Ave 808P, Santa Monica, CA 90402

201 Ocean Ave 808P, Santa Monica, CA 90402

Sale: $1,910,000

7/15/20250.27 mi

Area:1,228 sqft
Price/sqft:$1,555
Beds:2
Baths:2
Year Built:
Weight:20.3%
201 Ocean Ave 1701B, Santa Monica, CA 90402

201 Ocean Ave 1701B, Santa Monica, CA 90402

Sale: $1,650,000

3/14/20250.27 mi

Area:1,235 sqft
Price/sqft:$1,336
Beds:2
Baths:2
Year Built:
Weight:19.1%
202 San Vicente Blvd 11, Santa Monica, CA 90402

202 San Vicente Blvd 11, Santa Monica, CA 90402

Sale: $1,725,000

5/9/20250.22 mi

Area:1,672 sqft
Price/sqft:$1,032
Beds:2
Baths:3
Year Built:
Weight:18.1%

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