2950 Neilson Way 408
Santa Monica, CA, 90405
$1,375,000
MLS: 26998801
Beds
2
Baths
2
Sq Ft
1,305
Lot
3.08 ac
Year Built
1980
MLS #
26998801
Days on Market
12
Listed
Oct 8, 2026
Description
Elevated coastal living just steps from the sand at Sea Colony II. This sophisticated 2-bedroom, 2-bath residence offers an exceptional Santa Monica lifestyle, complete with ocean views and a private balcony ideal for taking in the coastal breeze and spectacular sunsets. Set within a full-service building, the residence pairs effortless beachside living with an impressive collection of amenities, including 24-hour security, guest parking, a fitness center, and spa. The coveted location places you moments from the beach and within easy walking distance of Main Street's acclaimed restaurants, cafs, boutiques, and vibrant neighborhood scene. Whether enjoying a morning walk along the shoreline, an afternoon by the ocean, or dinner just blocks from home, this residence offers the rare opportunity to experience Santa Monica at its best. An exceptional blend of coastal sophistication, convenience, and quintessential Southern California living - all in one of the Westside's most desirable beachside settings.
Location
Santa Monica, Los Angeles County, CA 90405
Open on Google Maps ↗Listed by: Navin Megji · Resident Group
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$12,501
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $137,500 · Loan: $1,237,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,568
- Property tax (1.25%)
- $1,432
- Homeowners insurance
- $300
- Mortgage insurance
- $516
- HOA dues
- $1,685
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $48,125 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
See Santa Monica, CA 90405 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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