2910 Neilson Way 503, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 2 bath
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Santa Monica, California 90405
This Top-Floor Coastal Penthouse in the prestigious Sea Colony II is listed at $1,599,000, reflecting a location-driven premium for its rare panoramic ocean views relative to the $1,518,047 Fair Market Value. Maintaining a Fair Condition Rating (4), the 1,513 sq. ft. residence features soaring ceilings and a private rooftop patio, offering significant upside through modernization. Situated steps from the beach within the Santa Monica-Malibu Unified School District, the property provides a high-end lifestyle with resort-style amenities. This is an ideal match for Visionary Owner-Occupants or Luxury Renovators.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2910 Neilson Way 503 Subject | $1,599,000* List Price | 2 | 2 | 1,513 | $1,003 | - |
A 3002 3rd Street 311 Sold | $1,532,000 | 2 | 3 | 1,470 | $1,042 | 0.2 mi |
B 631 Strand Street 4 Sold | $1,199,000 | 2 | 3 | 1,328 | $903 | 0.7 mi |
C 2930 Neilson Way 601 Sold | $1,875,000 | 3 | 2 | 1,600 | $1,172 | - |
D 2960 Neilson Way 103 Active | $1,200,000 List Price | 2 | 2 | 1,229 | $976 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the property is 44 years old and falls into the 'fair' category for homes over 20 years old with no documented major recent renovations. While the listing highlights a prestigious location and excellent community amenities, the lack of interior photos of the kitchen and bathrooms, combined with the absence of renovation dates in the description, suggests the unit is likely well-maintained but features outdated styles and components.
Situated in the prestigious Sea Colony II, this property offers an enviable lifestyle just steps from the beach and within walking distance to the trendy shops and restaurants of Main Street and Abbot Kinney.
As a top-floor unit, it features soaring ceilings and a versatile loft with a large private patio, providing rare outdoor space and panoramic ocean and mountain views.
The building provides a high-end living experience with 24-hour security, side-by-side parking, EV chargers, and extensive resort-style facilities including a pool, three spas, and a gym.
The association fee of $1,625 per month is substantial, which significantly increases the monthly carrying costs and may deter some prospective buyers.
With 195 days on the market, the property may be facing a perception issue regarding its value or condition compared to more recently listed units in the area.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,513 | 1,427 | 68% |
| Lot Size | 134,148 | 14,701.5 | 79% |
| Price | $1.60M | $1.25M | 68% |
| Price per sq ft | $1.1K | $1.0K | 53% |
| Built year | 1980 | 1977 | 53% |
| HOA | $1625.0 | $635 | 82% |
| Days on market | 203 | 202 | 53% |
Oct 1, 2025
$1,599,000
Initial Listing