2950 Neilson Way 311, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 2 bath

2950 Neilson Way 311, Santa Monica, California 90405 home-pic-0
ACTIVE$1,800,000
2950 Neilson Way 311, Santa Monica, California 90405
2Beds
2Baths
1,420Sqft
134,148Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unbeatable Coastal Location: Direct access to the beach bike path and steps from the sand in Santa Monica, offering an unparalleled beach lifestyle and proximity to vibrant local attractions like Ocean Park, Main Street, and Abbot Kinney.
Top Cons:
Substantial Association Fees: The monthly association fee of $1625 is a significant ongoing cost that potential buyers must factor into their budget.

Compared to the nearby listings

Price:$1.80M vs avg $1.19M (+$615,000)80%
Size:1,420 sqft vs avg 1,328 sqft56%
Price/sqft:$1.3K vs avg $1.0K87%

More Insights

Built in 1980 (45 years old).
Condition: Built in 1980, this property has undergone significant updates, including new flooring, stainless steel appliances, and modern bathroom vanities and fixtures, making it move-in ready. The kitchen features white shaker-style cabinets and granite countertops, which, while not the absolute latest trend, are in excellent condition. The bathrooms are also well-maintained and updated. Central heat/AC is a plus. The renovation appears to fall within the 5-15 year range, aligning with the 'Good' condition criteria for an extensively renovated property.
Year Built
1980
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$1,268
HOA
$1,625
Days on market
-
Sold On
-
MLS number
25582729
Home ConditionGood
Features
Good View:
Deck
View

About this home

Experience the ultimate Santa Monica beach lifestyle at Sea Colony II. This desirable 3rd-floor end unit offers two bedrooms and two baths across approximately 1,420 sq. ft., including a versatile third room that works perfectly as a home office or gym. The inviting layout features new flooring, stainless steel appliances, in-unit laundry, central heat/AC, and a wood-burning fireplace. Enjoy seamless indoor-outdoor living with two spacious patios: one oversized terrace off the living room and primary suite, and a second balcony off the dining area. Sea Colony II is a premier 24-hour guard-gated community with resort-style amenities: a large pool, three spas, gym, recreation room, and direct access to the beach bike path. Additional perks include proximity to public tennis and volleyball courts, basketball, Gold's Gym, and Santa Monica's vibrant Ocean Park scene just moments from Main Street, Abbot Kinney, and world-famous beaches. This residence also includes tandem two-car subterranean parking and is pet-friendly for small dogs up to 25 lbs. Live steps from the sand in one of the most sought-after coastal enclaves in Los Angeles.

Price History

Date
Event
Price
02/16/00
Sold
$405,000
04/01/98
Sold
$297,000
07/07/97
Sold
$242,000
04/08/05
Sold
$875,000
Condition Rating
Good

Built in 1980, this property has undergone significant updates, including new flooring, stainless steel appliances, and modern bathroom vanities and fixtures, making it move-in ready. The kitchen features white shaker-style cabinets and granite countertops, which, while not the absolute latest trend, are in excellent condition. The bathrooms are also well-maintained and updated. Central heat/AC is a plus. The renovation appears to fall within the 5-15 year range, aligning with the 'Good' condition criteria for an extensively renovated property.
Pros & Cons

Pros

Unbeatable Coastal Location: Direct access to the beach bike path and steps from the sand in Santa Monica, offering an unparalleled beach lifestyle and proximity to vibrant local attractions like Ocean Park, Main Street, and Abbot Kinney.
Extensive Resort-Style Amenities: Located within a premier 24-hour guard-gated community, residents enjoy a large pool, three spas, a gym, and a recreation room, providing a luxurious and secure living environment.
Updated & Functional Interior: The unit boasts recent upgrades including new flooring, stainless steel appliances, in-unit laundry, central heat/AC, and a cozy wood-burning fireplace, ensuring modern comfort and convenience.
Flexible Living & Outdoor Spaces: Features a versatile third room perfect for a home office or gym, complemented by two spacious patios, including an oversized terrace, ideal for indoor-outdoor living and entertaining.
Secure Parking & Community: Includes dedicated tandem two-car subterranean parking and benefits from the security of a guard-gated community, enhancing convenience and peace of mind.

Cons

Substantial Association Fees: The monthly association fee of $1625 is a significant ongoing cost that potential buyers must factor into their budget.
Pet Size Restrictions: While pet-friendly, the limitation to small dogs up to 25 lbs may deter prospective buyers with larger canine companions.
Building Age: Constructed in 1980, the building's age could imply potential for future maintenance or special assessments related to common area infrastructure, despite unit-specific updates.

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