2960 Neilson Way 301, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 2 bath

2960 Neilson Way 301, Santa Monica, California 90405 home-pic-0
ACTIVE$1,599,000
2960 Neilson Way 301, Santa Monica, California 90405
2Beds
2Baths
1,229Sqft
134,148Lot
Year Built
1980
Close
-
List price
$1.6M
Original List price
$1.75M
Price/Sqft
$1,301
HOA
$1,625
Days on market
-
Sold On
-
MLS number
PW25042988
Home ConditionGood
Features
Good View: Ocean
Deck
Pool
Spa
ViewOcean

About this home

We found 3 Cons,5 Pros. Rank: price - $1.60M(62th), sqft - 1229(47th), beds - 2(50th), baths - 2(50th).

You’ll love Santa Monica in this naturally bright corner end-unit condo with ocean views and direct access to the beach and Main Street. Wood floors run throughout the open-concept space. The main room has large windows and a sliding glass door allowing in an abundance of natural light. Enjoy the balcony while watching the waves & sunset. The kitchen has high-end appliances, ample cabinetry, and a breakfast bar. The primary suite has ocean views and an en-suite bathroom with a jetted tub, separate shower, and double sinks. The second bedroom works well for guests or a home office. Additional highlights include in-unit laundry, plenty of storage, and two side-by-side parking spaces in the gated garage. Sea Colony II has a pool, mutiple spas, gym/fitness center, yoga room, sauna, community room, and plenty of guest parking. The building has 24-hour security and secure elevator access. Steps from the beach, shops, dining, the Santa Monica Pier, and Abbot Kinney, with easy access to the I-10 and Lincoln Blvd. Don't miss this rare opportunity.

Price History

Date
Event
Price
08/29/25
Price Change
$1,599,000
02/27/25
Listing
$1,750,000
05/24/18
Sold
$1,450,000
04/20/01
Sold
$510,000
08/04/97
Sold
$278,000
Condition Rating
Good

Built in 1980, this condo has undergone significant updates, making it move-in ready. It features hardwood floors throughout, a kitchen with high-end stainless steel appliances and updated countertops, and bathrooms with modern vanities and fixtures. While the kitchen cabinet style and some bathroom tile choices suggest renovations that are likely 5-15 years old rather than brand new, the property is well-maintained and requires no immediate renovations, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

Unbeatable Coastal Location: Direct beach access in Santa Monica, steps from Main Street, shops, dining, and the Santa Monica Pier, offering unparalleled lifestyle convenience.
Panoramic Ocean Views: As a corner end-unit, the condo boasts stunning ocean views from the main room and primary suite, perfect for watching waves and sunsets.
Luxurious Building Amenities: Sea Colony II offers extensive amenities including a pool, multiple spas, gym, yoga room, sauna, community room, 24-hour security, and secure elevator access.
Premium Interior Features: The unit features a naturally bright, open-concept layout with wood floors, high-end kitchen appliances, an en-suite primary bath with jetted tub, and in-unit laundry.
Valuable Gated Parking: Includes two side-by-side parking spaces in a secure, gated garage, which is a significant and highly desirable asset in Santa Monica.

Cons

Substantial Monthly HOA Dues: The $1,625 monthly association fee is considerably high, which could impact affordability and deter some potential buyers.
Recent Price Reduction: The property has seen a notable price drop from its original list price, which might suggest initial overpricing or market resistance, potentially raising buyer questions.
Building Age: Built in 1980, the building is over 40 years old. While well-maintained, this age could imply potential for future large-scale maintenance or assessment costs compared to newer constructions.

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