827 Bay Street, 5, Santa Monica, CA 90405
827 Bay Street, 5, Santa Monica, CA 90405
Property Description
Welcome to The Baymar, a boutique nine-unit condominium community perfectly positioned in the heart of Santa Monica's coveted Sunset Park neighborhood. This light-filled top-floor corner residence offers an exceptional blend of comfort, style, and effortless coastal living. Freshly painted and thoughtfully maintained, the home welcomes you with an open-concept living and dining area where expansive windows fill the space with natural light and peaceful treetop views. The inviting kitchen features rich cobalt blue cabinetry, quartz countertops, ample storage, generous workspace and a seamless connection to the main living areas - bringing both character and function to the heart of the home. The spacious primary bedroom provides generous closet space and a tranquil retreat, while the versatile second bedroom is well suited for guests, a home office, or additional living needs. An in-unit washer and dryer, along with a parking space in the shared garage, add to the home's everyday convenience. Ideally located just moments from Main Street, Ocean Park, Downtown Santa Monica, the beach, and the renowned Santa Monica Farmers Market, this residence offers easy access to acclaimed restaurants, boutiques, parks and the very best of the Westside. Whether you're seeking a full-time residence or the perfect coastal retreat, this move-in-ready home offers the quintessential Santa Monica lifestyle just moments from the coast.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Santa Monica · Condominium
Listed 6.4% below the median closed sale of $960,000. Closed comps sold at 101% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1824 20th Street | Santa Monica | 1963 | 2 | 1 | 897 | 7,494 | $753 | $675,000 | 88 | 84 |
| 1835 7th Street | Santa Monica | 1958 | 2 | 1 | 785 | 7,501 | $936 | $735,000 | 158 | 83 |
| 917 2nd Street | Santa Monica | 1972 | 2 | 1 | 870 | 7,519 | $1,144 | $995,000 | 132 | 81 |
| 717 Raymond Avenue | Santa Monica | 1958 | 2 | 1 | 668 | 7,729 | $897 | $599,000 | 66 | 80 |
| 630 Idaho Avenue | Santa Monica | 1973 | 1 | 1 | 874 | 14,997 | $857 | $749,000 | 56 | 77 |
| Total: 5 · Average | 1.8 | 1.0 | 818.8 | 9,048 | $917.4 | $750,600 | 100 | |||
| Median | 870 | $735,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2216 4th Street | Santa Monica | 1962 | 08/28/2026 | 2 | 2 | 1,004 | 8,792 | $1.12M | $1.10M | $1,096 | 0.98 | 28 | 93 |
| 1101 Lincoln Boulevard | Santa Monica | 1964 | 08/28/2026 | 2 | 2 | 1,012 | 7,496 | $749,000 | $749,000 | $740 | 1.00 | 0 | 91 |
| 933 11th Street | Santa Monica | 1969 | 09/14/2026 | 2 | 2 | 950 | 15,005 | $925,000 | $915,000 | $963 | 0.99 | 67 | 90 |
| 852 15th Street | Santa Monica | 1971 | 09/22/2026 | 2 | 2 | 921 | 7,528 | $895,000 | $960,000 | $1,042 | 1.07 | 35 | 90 |
| 923 17th St | Santa Monica | 1966 | 09/23/2026 | 2 | 2 | 1,064 | 7,495 | $995,000 | $995,000 | $935 | 1.00 | 174 | 89 |
| Total: 5 · Average | 2.0 | 2.0 | 990.2 | 9,263.2 | $943,800 | $943,800 | $955.2 | — | 60.8 | ||||
| Median | 1,004 | $960,000 | $960,000 | ||||||||||
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.