2910 Neilson Way 503, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 2 bath

2910 Neilson Way 503, Santa Monica, California 90405 home-pic-0
ACTIVE$1,699,000
2910 Neilson Way 503, Santa Monica, California 90405
2Beds
2Baths
1,513Sqft
134,148Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location & Panoramic Views: Unbeatable location steps from the beach, Main Street, and Abbot Kinney, complemented by stunning ocean and mountain views from multiple vantage points and private outdoor spaces.
Top Cons:
High Monthly Association Fees: The association fee of $1625 per month is substantial and represents a significant ongoing cost for ownership, impacting overall affordability.

Compared to the nearby listings

Price:$1.70M vs avg $1.19M (+$514,000)71%
Size:1,513 sqft vs avg 1,328 sqft69%
Price/sqft:$1.1K vs avg $1.0K71%

More Insights

Built in 1980 (45 years old).
Condition: Built in 1980, this unit is well-maintained and clean, but the kitchen and bathrooms are significantly dated in style. The kitchen features older white appliances, white cabinetry, and what appears to be laminate or older solid surface countertops. The bathrooms have gold-tone fixtures and dated vanity tops, consistent with the property's age and a lack of extensive modern renovation. While functional, these key areas would require substantial cosmetic updates to meet current buyer expectations. The widespread carpeting also contributes to an older aesthetic.
Year Built
1980
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$1,123
HOA
$1,625
Days on market
-
Sold On
-
MLS number
SR25124090
Home ConditionFair
Features
Good View: Ocean, Peek-A-Boo
Deck
Pool
Spa
ViewOcean, Peek-A-Boo

About this home

Located in the prestigious Sea Colony II, experience coastal living at its finest in this stunning 2-bedroom, 2-bath unit, with loft perched on the top floor and offering ocean views. This light-filled residence features an open-concept layout with soaring ceilings and expansive windows that capture the natural beauty of the coastline and nature. A spacious loft overlooks the main living area, perfect for a home office, gym, media room, or extra sleeping quarters. Step out of the loft onto the large patio upstairs with ocean & mountain views. A spacious bonus space is located within the loft area as well. On the main floor, the spacious kitchen with ample storage features a breakfast bar offering ocean views, seamlessly connecting to the dining and living areas - ideal for entertaining. The primary suite includes a private en-suite bath, separate shower and a walk-in closet, while the second bedroom offers flexibility for guests or a home workspace. Step out onto your private balcony with access from the living area and the primary suite to enjoy breathtaking sunsets and fresh sea breezes year-round. This unit has its own washer and dryer, two side-by-side parking spaces plus a separate garage storage area. Additional community highlights include secure parking, 24-hour security, updated lobby, four ChargePoint EV chargers, Amazon lockers for package delivery, pool, three spas, community room, & a large gym. Steps from the beach, Main Street shopping & dining, Abbot Kinney and much more. Don’t miss this rare opportunity to own a luxurious coastal retreat with ocean views.

Condition Rating
Fair

Built in 1980, this unit is well-maintained and clean, but the kitchen and bathrooms are significantly dated in style. The kitchen features older white appliances, white cabinetry, and what appears to be laminate or older solid surface countertops. The bathrooms have gold-tone fixtures and dated vanity tops, consistent with the property's age and a lack of extensive modern renovation. While functional, these key areas would require substantial cosmetic updates to meet current buyer expectations. The widespread carpeting also contributes to an older aesthetic.
Pros & Cons

Pros

Prime Coastal Location & Panoramic Views: Unbeatable location steps from the beach, Main Street, and Abbot Kinney, complemented by stunning ocean and mountain views from multiple vantage points and private outdoor spaces.
Extensive Resort-Style Amenities: The prestigious Sea Colony II offers a wealth of community features including 24-hour security, secure parking, EV chargers, Amazon lockers, a pool, three spas, a community room, and a large gym.
Spacious & Flexible Living Space: This top-floor unit boasts an open-concept layout with soaring ceilings, expansive windows, and a versatile loft area with additional bonus space, ideal for various uses like an office or extra sleeping quarters.
Private Outdoor Retreats: Enjoy breathtaking sunsets and sea breezes from a large private upstairs patio with ocean and mountain views, and a separate private balcony accessible from the living area and primary suite.
Convenient In-Unit Features: The unit includes highly desirable in-unit washer and dryer, two side-by-side parking spaces, and a dedicated separate garage storage area.

Cons

High Monthly Association Fees: The association fee of $1625 per month is substantial and represents a significant ongoing cost for ownership, impacting overall affordability.
Building Age & Potential for Updates: Built in 1980, the building is over four decades old. While community areas are updated, the unit itself or building systems may require future maintenance or capital improvements not covered by current fees.
Potential for Urban Noise: Its prime location 'steps from the beach, Main Street shopping & dining, Abbot Kinney' could mean exposure to higher levels of ambient noise from nearby commercial and recreational activities.

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