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627 17th Street, Santa Monica, CA 90402

$15.00M7bd · 8ba · 6,000 sqft
Lot 8,951 sqft•Single Family Residence•
Active
•258d on market•MLS# 00-26632801

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

FeeBuilt 2026

Property Details

Land Type
Fee
Year Built
2026
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
View
City Lights, Coastline, Hills, Mountain(s), Ocean
City
Santa Monica
Zip Code
90402
County
Los Angeles
Listed byUnknown Office, Sally Forster Jones

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$75,843.11
Principal & Interest
Loan Amount
$11,999,200
Total Interest
$15,304,318
Total Payment Over 30 Years
$27,303,518
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

627 17th Street, Santa Monica, CA 90402

Santa Monica · Single Family Residence

$15.00M
Luxury Tier
Beds
7
Baths
8
Sqft
6,000
Lot
8,951 sqft
Year
2026
$/Sqft
$2500
Pool: Yes✓
Spa: Yes✓
View: city✓

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.

Premium
Subject listed at $15.00M· $2,500/sqft
Total list price
Closed comps
vs closed median $9.36M
+$5.64M (+60.2%)
Active comps
vs active median $11.49M
+$3.50M (+30.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,986
+$514 (+25.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
248 19th StreetSanta Monica1950765,5478,942$2,305$12.79M1572
962 Franklin StreetSanta Monica1993565,17011,239$1,350$6.98M2160
966 Palisades Beach RoadSanta Monica2015686,6475,469$2,708$18.00M15159
223 24th StreetSanta Monica1997555,1298,702$1,617$8.29M1357
143 Marguerita AvenueSanta Monica1987665,89814,727$1,949$11.49M2651
Total: 5 · Average5.86.25,678.29,815.8$1,985.8$11.51M45.2
Median5,547$11.49M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
416 21st PlaceSanta Monica202407/07/2026686,3709,020$13.99M$10.65M$1,6720.7624968
210 21st StreetSanta Monica202010/08/2026686,5368,937$11.99M$11.33M$1,7330.944068
734 18th StreetSanta Monica201910/05/2026565,2008,940$9.99M$9.36M$1,8010.942661
241 19th StreetSanta Monica199006/09/2026566,7158,978$8.99M$8.00M$1,1910.894559
703 25th StreetSanta Monica193606/05/2026565,2268,672$8.70M$8.97M$1,7171.032858
Total: 5 · Average5.46.86,009.48,909.4$9.66M$9.66M$1,622.8—77.6
Median6,370$9.36M$9.36M

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.