2940 Neilson Way 305
Santa Monica, CA, 90405
$1,250,000
MLS: 26653921
Beds
2
Baths
2
Sq Ft
1,352
Lot
3.08 ac
Year Built
1980
MLS #
26653921
Days on Market
57
Listed
Feb 20, 2026
Description
Stunning Designer Remodel now available at the prestigious Sea Colony II. This is the ultimate experience of coastal resort living, close to the beach, award winning restaurants and exclusive shopping in Santa Monica. Beautiful light oak engineered wood floors and Caesarstone counter tops throughout, Kitchen has contemporary hexagonal tiled wall with light wood open shelving, SS appliances and a chefs Bertazzoni Range top/Oven. There is a breakfast nook that can be used as an office area which looks out onto trees in the courtyard and spa below. This is 'Open Plan' living, the kitchen looks out to the dining area and living room, with a breakfast bar for casual dining. Living room has a modern electric fireplace set in a beautiful tiled wall, there is a large Balcony open to the tranquil courtyard with a spa surrounded by trees and manicured gardens, perfect for those colorful California evening sunsets and dining 'al fresco'. Primary Bedroom also opens to the balcony and has a good size walk-in closet, remodeled modern bathroom with two sink vanity and large walk in shower. Second bedroom is also a good size with one wall of closets large window overlooking courtyard, remodeled bathroom which is also used as a powder room for guests, with smart Kohler Toilet. Both Bathrooms are expertly designed in neutral tones that blend perfectly with the coastal vibe. Unit has stacked washer and dryer, two side by side parking spaces, one storage locker. Community has 24 hr security, access to pathway to beach, pool, 3 spas, gym, meeting room, rec room, visitor parking, EV charging stations. Close to Main Street, Abbott Kinney, Santa Monica Mall and Third st. Mall.
Location
Santa Monica, Los Angeles County, CA 90405
Open on Google Maps ↗Listed by: Valerie Nickerson · Berkshire Hathaway HomeServices California Properties
Payment estimate
$8,983
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $125,000 · Loan: $1,125,000
- Principal & Interest
- $6,912
- Property tax (1.25%)
- $1,302
- Homeowners insurance
- $300
- Mortgage insurance
- $469
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 $43,750 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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