Under ContractCondominium

2910 Neilson Way 503

Santa Monica, CA, 90405

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$1,599,000

MLS: SR25228706

Beds

2

Baths

2

Sq Ft

1,513

Lot

3.08 ac

Year Built

1980

MLS #

SR25228706

Days on Market

129

Listed

Oct 1, 2025

Description

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.

Location

Santa Monica, Los Angeles County, CA 90405

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Listed by: Laura Jacobson · Standard Realty

Payment estimate

$11,407

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $159,900 · Loan: $1,439,100

%
Principal & Interest
$8,842
Property tax (1.25%)
$1,666
Homeowners insurance
$300
Mortgage insurance
$600
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $55,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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