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706 Navy Street, Santa Monica, CA 90405

$4.20M3bd · 3ba · 2,301 sqft
Lot 5,556 sqft•Single Family Residence•
Active
•25d on market•MLS# 00-26988843

Property Description

A century of Santa Monica character meets a thoughtful modern transformation in this beautifully reimagined 1908 Craftsman, set on an expansive double lot in the heart of Ocean Park. Completely renovated and expanded in 2023, the residence preserves the warmth and architectural character of its origins while introducing a sophisticated new level of design, comfort, and functionality. Old-growth trees, lush landscaping, and gates seclude the corner property from view, creating an unexpected sense of privacy just blocks from the beach. Inside, the home feels warm, bright, and considered, with original character informing the spaces without limiting them. The main level flows naturally from a spacious living room centered around a wood-burning brick fireplace to a dedicated office with a powder room and a sunlit dining area, where French doors open to the rear deck. Character moldings lend depth to the interiors, while integrated surround sound and carefully selected finishes reflect modern living. The kitchen was completely reimagined as the home's natural gathering point. A waterfall-edge island anchors the space, complemented by custom cabinetry, a walk-in pantry, and premium Wolf and Sub-Zero appliances. An adjacent family room keeps the atmosphere relaxed and connected, while a custom wet bar with temperature-controlled wine storage adds another layer of hosting functionality. Upstairs, three bedrooms are joined by a dedicated laundry room with built-in storage and a folding station. Vaulted ceilings bring a sense of volume to the primary suite, where a private terrace peers into the surrounding treetops. The expanded walk-in closet features custom organization, while the spa-inspired bathroom creates a serene retreat with dual vanities, generous linen storage, a soaking tub beneath a sculptural pendant, and a decadent steam shower. French doors open to reveal the true scale of the double lot: an expansive, highly private backyard oasis rarely found on the Westside. A deck spanning the rear of the residence creates a shaded setting for al fresco dining, complete with a built-in barbecue, before opening to a sprawling lawn framed by mature trees, citrus, and lush hedging. A putting green and outdoor shower add to a backyard designed for year-round enjoyment. A versatile two-car garage with built-in storage and two additional driveway parking spaces complete the property. The setting places some of the Westside's most beloved destinations within easy reach. Rose Avenue's restaurants and boutiques are moments away, the beach is just blocks from home, and Abbot Kinney, the Santa Monica Pier, and Third Street Promenade are all within minutes. Rich in original character yet thoroughly renewed for modern California living, this Ocean Park Craftsman presents a distinctive opportunity to experience one of Santa Monica's most vibrant coastal neighborhoods from a remarkably serene setting.

Features & Amenities

FeeBuilt 1908

Property Details

Land Type
Fee
Year Built
1908
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central, Fireplace(s)
Cooling
Dual
View
City Lights
Flooring
Tile, Wood
City
Santa Monica
Zip Code
90405
County
Los Angeles
Listed byCompass, F. Ron Smith

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$21,217.26
Principal & Interest
Loan Amount
$3,356,800
Total Interest
$4,281,413
Total Payment Over 30 Years
$7,638,213
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

706 Navy Street, Santa Monica, CA 90405

Santa Monica · Single Family Residence

$4.20M
Luxury Tier
Beds
3
Baths
3
Sqft
2,301
Lot
5,556 sqft
Year
1908
$/Sqft
$1824
Pool: Yes✓
Spa: No✓
View: city✓

Listed 44.8% above the median closed sale of $2,897,713. Price per sqft ($1,824) is a 33% premium to closed comps ($1,372). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $4.20M· $1,824/sqft
Total list price
Closed comps
vs closed median $2.90M
+$1.30M (+44.8%)
Active comps
vs active median $3.00M
+$1.20M (+40.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,612
+$212 (+13.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1013 Bay StreetSanta Monica1926322,0776,493$1,348$2.80M1080
2418 4th StreetSanta Monica1929431,7707,142$1,975$3.50M4574
2460 Beverley AvenueSanta Monica1923222,0673,593$1,814$3.75M11274
207 Ocean Ave ExtSanta Monica1921222,1303,769$1,211$2.58M12167
712 Copeland CourtSanta Monica1911321,7485,885$1,713$3.00M13665
Total: 5 · Average2.82.21,958.45,376.4$1,612.2$3.12M84.8
Median2,067$3.00M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1019 Chelsea AvenueSanta Monica194709/08/2026322,1486,114$2.98M$3.44M$1,6011.153181
2725 6th StreetSanta Monica192308/10/2026322,2765,949$3.69M$3.58M$1,5710.977378
389 Upper Mesa RoadSanta Monica192309/01/2026332,0948,064$2.70M$2.10M$1,0000.7812677
713 Bay StreetSanta Monica189410/02/2026441,8653,838$2.50M$2.90M$1,5541.164967
219 Entrada DriveSanta Monica194109/18/2026321,8925,544$2.30M$2.15M$1,1360.9412566
Total: 5 · Average3.22.62,0555,901.8$2.83M$2.83M$1,372.4—80.8
Median2,094$2.90M$2.90M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.