$4,475,000

A truly extraordinary and rare offering - 702 and 706 Navy Street present a once-in-a-generation opportunity to acquire a premier two-lot luxury beach compound in the heart of Santa Monica's coveted Ocean Park neighborhood. Spanning two separate legal parcels and totaling 5,556 square feet, this exceptional property combines architectural charm, refined living, and future potential just seven blocks from the beach and moments from the vibrant energy of Rose Avenue and Main Street | At 706 Navy Street, a masterfully reimagined Craftsman residence embodies timeless elegance and modern sophistication. Thoughtfully remodeled and expanded in 2023 with an investment of approximately $1 million, the 2,317-square-foot home offers three bedrooms and two-and-a-half baths, meticulously curated with bespoke finishes and rich architectural details. The state-of-the-art kitchen and spa-inspired bathrooms are designed with both beauty and functionality in mind, while seamless indoor-outdoor flow leads to curated exterior spaces featuring a spacious patio, gorgeous large grassy yard, built-in barbecue, al fresco dining and an outdoor shower perfectly suited for coastal living | Complementing the residence, 702 Navy Street unfolds as a beautifully landscaped, expansive grassy retreat, an oasis of tranquility and possibility. The converted 400-square-foot two-car garage, along with a generous storage room, provides flexibility for creative use, while the sizable lot invites endless opportunities for outdoor entertaining and recreation, including potential for an ADU (schematics are available). Together, these two parcels form a one-of-a-kind coastal compound, blending lifestyle, location, and long-term value.