A truly rare offering on a DOUBLE LOT in the heart of Ocean Park 7 blocks to the beach. This exceptional luxury compound spans two SEPARATE parcels 702 & 706 Navy Street (must be purchased together) and represents one of Santa Monica’s most coveted residential opportunities. At its center is 706 Navy, a meticulously remodeled 2,300 SF Craftsman residence of extraordinary character and warmth – an iconic home widely regarded as one of the most enchanting properties in all of Santa Monica. Thoughtfully curated with refined finishes and timeless architectural details for a truly turnkey experience. 702 & 706 Navy Street create a private, luxury resort-like estate unlike anything else in the area. Complementing the main residence at 706 Navy, 702 Navy features lushly landscaped yard and a converted 400 SF two-car garage with a separate expansive storage area, offering exceptional flexibility and future potential. The two parcel presents an ideal opportunity to add a second home, an ADU or construct additional living space above the garage perfect for a guest residence, private office, wellness studio, gym, or creative retreat. Set moments from the best of coastal living, the property is surrounded by acclaimed restaurants, cafes, and boutiques from Rose Avenue, Main Street, and Lincoln Boulevard, and a short bike ride to Abbot Kinney. A once-in-a-generation opportunity, this singular compound offers privacy, prestige, and endless possibility – an irreplaceable estate and one of the most extraordinary properties in Santa Monica’s highly coveted Ocean Park beach neighborhood.
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