
627 17th Street, Santa Monica, CA 90402
627 17th Street, Santa Monica, CA 90402
Property Description
This exciting new build is expected to be completed later this year, designed and constructed by esteemed Tar Legacy Corp! Presenting the prestigious and modern MIRAGE, a masterfully crafted residence offering a resort-inspired lifestyle, situated in one of the most renowned zip codes in Southern California, 90402, north of Montana Avenue. From this highly coveted 17th Street location, behold striking vistas of the Pacific and discover calming ocean breezes amidst prime shopping and fine dining. This serene sanctuary affords absolute luxury, offering a unique design with an open floor plan and world-class amenities. There are seven bedrooms, seven bathrooms, a powder room, elevator, double-island kitchen fitted with state-of-the-art appliances, two wet bars, four fireplaces, and folding doors that open to invite gentle ocean winds within. Experience a life rich in comfort and leisure with an expansive rooftop deck, standalone 1,000-square-foot two-story ADU, and meditation room. The rear grounds are an entertainer's dream, including a pool and spa with eight-jet water feature and LED lighting, outdoor fireplace, grassy play areas, and multiple spaces for lounging. The home's elegant form is constructed while keeping openness and clarity top of mind, allowing its light-filled interiors to seamlessly converge with the lush exteriors enveloped by soothing ocean breezes. Three levels comprise a rooftop, upper level, and lobby with a two-car garage and separate ADU. Welcome to this exquisite property offering the ultimate in resort living at the very forefront of chic, modern design. Renderings are of a similar build.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Santa Monica · Single Family Residence
Listed 60.2% above the median closed sale of $9,363,000. Price per sqft ($2,500) is a 54% premium to closed comps ($1,623). Closed comps sold at 91% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 248 19th Street | Santa Monica | 1950 | 7 | 6 | 5,547 | 8,942 | $2,305 | $12.79M | 15 | 72 |
| 962 Franklin Street | Santa Monica | 1993 | 5 | 6 | 5,170 | 11,239 | $1,350 | $6.98M | 21 | 60 |
| 966 Palisades Beach Road | Santa Monica | 2015 | 6 | 8 | 6,647 | 5,469 | $2,708 | $18.00M | 151 | 59 |
| 223 24th Street | Santa Monica | 1997 | 5 | 5 | 5,129 | 8,702 | $1,617 | $8.29M | 13 | 57 |
| 143 Marguerita Avenue | Santa Monica | 1987 | 6 | 6 | 5,898 | 14,727 | $1,949 | $11.49M | 26 | 51 |
| Total: 5 · Average | 5.8 | 6.2 | 5,678.2 | 9,815.8 | $1,985.8 | $11.51M | 45.2 | |||
| Median | 5,547 | $11.49M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 416 21st Place | Santa Monica | 2024 | 07/07/2026 | 6 | 8 | 6,370 | 9,020 | $13.99M | $10.65M | $1,672 | 0.76 | 249 | 68 |
| 210 21st Street | Santa Monica | 2020 | 10/08/2026 | 6 | 8 | 6,536 | 8,937 | $11.99M | $11.33M | $1,733 | 0.94 | 40 | 68 |
| 734 18th Street | Santa Monica | 2019 | 10/05/2026 | 5 | 6 | 5,200 | 8,940 | $9.99M | $9.36M | $1,801 | 0.94 | 26 | 61 |
| 241 19th Street | Santa Monica | 1990 | 06/09/2026 | 5 | 6 | 6,715 | 8,978 | $8.99M | $8.00M | $1,191 | 0.89 | 45 | 59 |
| 703 25th Street | Santa Monica | 1936 | 06/05/2026 | 5 | 6 | 5,226 | 8,672 | $8.70M | $8.97M | $1,717 | 1.03 | 28 | 58 |
| Total: 5 · Average | 5.4 | 6.8 | 6,009.4 | 8,909.4 | $9.66M | $9.66M | $1,622.8 | — | 77.6 | ||||
| Median | 6,370 | $9.36M | $9.36M | ||||||||||
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.