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2960 Neilson Way, 301, Santa Monica, CA 90405

$1.50M2bd · 2ba · 1,229 sqft
Lot 134,148 sqft•HOA $1625/mo•Condominium•
Active
•223d on market•MLS# PW-26044281

Property Description

This corner end unit at Sea Colony II offers what most units in the building do not: extra privacy, more natural light, and open ocean views from both the living space and primary suite. Positioned on the quieter edge of the building, it feels removed while still being steps from the sand and Main Street. Floor to ceiling glass brings in west facing light throughout the day, and the balcony becomes a true extension of the living space at sunset, with views of the ocean and Santa Monica Pier. The primary suite opens directly to the balcony, creating a rare indoor outdoor flow, with space for a work from home setup overlooking the water. The ensuite bath features dual sinks, a soaking tub, and a separate shower. A true second bedroom and full second bathroom offer flexibility for guests, a dedicated office, or long term living without compromise. An in unit washer and dryer add daily convenience, something buyers consistently prioritize in this building. The kitchen is designed to open into the living area, with quality appliances, generous storage, and a breakfast bar that keeps the space connected and functional. Two side by side parking spaces located next to the elevator and mail area make daily living easy, and a private, secure storage unit adds even more flexibility. The storage space is large enough for multiple bikes, storage racks, and boxes, with room to comfortably walk around. Sea Colony II remains one of the most secure and amenity rich communities on Neilson Way, offering 24 hour security, a pool, multiple spas, a fitness center, yoga room, sauna, generous guest parking, and controlled elevator access, all in the heart of Ocean Park. For buyers who understand this building and this stretch of Neilson Way, the combination of corner privacy, natural light, ocean views, a full second bath, in unit laundry, and prime parking makes this a standout opportunity.

Features & Amenities

FeeBuilt 1980

Property Details

Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Ocean
Flooring
Wood
Roof
Common Roof
City
Santa Monica
Zip Code
90405
County
Los Angeles
Listed byeXp Realty of California Inc, Kuvaal Patel

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,579.76
Principal & Interest
Loan Amount
$1,199,200
Total Interest
$1,529,514
Total Payment Over 30 Years
$2,728,714
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

2960 Neilson Way, 301, Santa Monica, CA 90405

Santa Monica · Condominium

$1.50M
Affordable Tier
Beds
2
Baths
2
Sqft
1,229
Lot
3.08 ac
Year
1980
$/Sqft
$1220
Pool: Yes✓
Spa: Yes✓
View: water✓
Garage: 2-car✓

Listed 7.1% above the median closed sale of $1,400,000. Closed comps sold at 103% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.50M· $1,220/sqft
Total list price
Closed comps
vs closed median $1.40M
+$99K (+7.1%)
Active comps
vs active median $795K
+$704K (+88.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $848
+$372 (+43.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2452 Chelsea PlaceSanta Monica1974221,04615,431$717$750,0001784
1440 23rd StreetSanta Monica19732297034,150$799$775,0005082
933 11th StreetSanta Monica1969221,01915,005$951$969,000180
1917 11th StreetSanta Monica1973229977,509$797$795,0001280
1024 5th StreetSanta Monica1969221,0187,513$977$995,000579
Total: 5 · Average2.02.01,01015,921.6$848.2$856,80017
Median1,018$795,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2960 Neilson WaySanta Monica198009/24/2026221,305134,148$999,000$999,000$7661.004092
1127 10th StSanta Monica197109/15/2026221,1240$999,999$1.05M$9341.057291
2930 Neilson WaySanta Monica198010/02/2026221,426134,148$1.50M$1.68M$1,1751.125289
101 Ocean AvenueSanta Monica196309/29/2026221,25385,245$2.00M$2.00M$1,5961.0012288
201 Ocean AvenueSanta Monica197110/02/2026221,21657,750$1.45M$1.40M$1,1510.973487
Total: 5 · Average2.02.01,264.8102,822.75$1.42M$1.42M$1,124.4—64
Median1,253$1.40M$1.40M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.