
Santa Monica, California 90405
This Sea Colony III Townhome is a Strong Value Opportunity, listed at $4,475,000—positioned well below the $4,500,000 Fair Market Value by 0.56%. This valuation gap offers $25,000 in Instant Equity. Featuring a Good Condition Rating, this 3,145-square-foot residence offers panoramic ocean views, a private sauna, and resort-style amenities. While the monthly association fee is significant, the property’s prime coastal location and expansive layout provide long-term stability. This is an ideal acquisition for Owner-Occupants seeking a luxury lifestyle or High-Net-Worth Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20 Ocean Park Boulevard 7 Subject | $4,475,000* List Price | 3 | 4 | 3,145 | $1,431 | - |
A 2203 Ocean Avenue 106 Sold | $3,525,000 | 3 | 3 | 2,216 | $1,591 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1987 (37 years old), the property presents as well-maintained, functional, and move-in ready. The interior features updated recessed lighting, fresh neutral paint, and a clean private sauna, suggesting cosmetic refreshments within the 5-15 year range. While some built-in cabinetry reflects an older style, the overall condition and resort-style amenities align with the 'Good' criteria for a high-end coastal residence.
Situated in the prestigious Sea Colony III, this residence offers rare, unobstructed views of Santa Monica Beach and the Pacific Ocean with immediate access to the sand and bike paths.
With 3,145 square feet of living area, this townhome provides a generous footprint including an office, private yard, and a direct-access two-car garage, which is a rarity for coastal Santa Monica.
The guard-gated community offers high-level security alongside premium amenities such as a fitness center, pool, and a private in-unit sauna, providing a luxury lifestyle experience.
The association fee is $2,208 per month, which represents a significant recurring expense that may be a deterrent for some luxury buyers.
Built in 1987, the property may require additional capital investment for cosmetic or system upgrades to meet the contemporary aesthetic standards expected at the $4.5M price point.
Offer Deadline, Monday July 20th at 5 pm! Experience oceanfront living at its finest in this rarely available Sea Colony III residence, where sweeping coastal views, refined comfort, and resort-style amenities come together in one extraordinary home. Perfectly positioned to capture breathtaking views of Santa Monica Beach and the Pacific beyond, this spacious 3-bedroom plus office, 4-bath townhome offers 3,145 square feet of light-filled living space in a secure, guard-gated community. Generous living and entertaining areas feature skylights, abundant storage, and seamless indoor-outdoor flow, with a large deck off the kitchen and family room ideal for dining al fresco, relaxing, or taking in unforgettable sunsets. A private yard and lush common green space create a rare coastal garden setting, beautifully enhanced with rose bushes and a lemon tree. Additional highlights include a direct-access 2-car garage, private sauna, spacious rooms, and a coveted location just moments from the sand, bike path, farmers market, shopping, dining, and the best of Santa Monica beach living. Sea Colony III offers an exceptional lifestyle with security, pool, fitness center, and nearby children's playground. Enjoy morning strolls along the boardwalk, afternoons by the ocean, and evenings with the sea breeze at home. Oceanfront, spacious, private, and filled with special features, this is a truly rare opportunity to enjoy the very best of sand, surf, sun, and coastal living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,145 | 1,346 |
| Lot Size | 196,225 | 7,869 |
| Price | $4.47M | $1.33M |
| Price per sq ft | $1.4K | $977 |
| Built year | 1987 | 1978 |
| HOA | $2208.0 | $500 |
| Days on market | 23 | 57 |
Jun 29, 2026
$4,475,000
Initial Listing