2960 Neilson Way 103
Santa Monica, CA, 90405
$1,200,000
MLS: 26694995
Beds
2
Baths
2
Sq Ft
1,229
Lot
3.08 ac
Year Built
1980
MLS #
26694995
Days on Market
12
Listed
Apr 9, 2026
Description
Experience true coastal living just moments from the sand in this beautifully updated 2-bedroom, 2-bath condo in the highly sought-after Sea Colony II community. Tucked away in a serene and private setting, this home features a generous open layout that flows seamlessly to an oversized patio, where both the living room and primary suite enjoy peaceful views of lush, landscaped grounds.Thoughtfully designed with modern touches throughout, highlights include polished concrete flooring, granite kitchen surfaces, a cozy wood-burning fireplace, and a versatile workspace ideal for a home office. The indoor-outdoor connection creates the perfect environment for relaxed beachside living or effortless entertaining.Located just steps from the ocean, this home also offers convenient access to Main Street, the vibrant shops and dining of Abbott Kinney and Ocean Park, the 3rd Street Promenade, public tennis courts, the Metro, and the iconic Santa Monica Pier.Residents of Sea Colony II enjoy resort-style amenities within a secure, 24-hour guard-gated community, including a heated pool, three spas, fitness center, community room, sauna, and a charming herb garden with citrus trees. Additional features include two side-by-side parking, guest parking with EV charging, and a private storage unit.A rare opportunity to enjoy a peaceful retreat in one of Santa Monica's premier beachfront communities.
Location
Santa Monica, Los Angeles County, CA 90405
Open on Google Maps ↗Listed by: Kimberly Kessler · Coldwell Banker Realty
Payment estimate
$8,636
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000
- Principal & Interest
- $6,636
- Property tax (1.25%)
- $1,250
- Homeowners insurance
- $300
- Mortgage insurance
- $450
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 $42,000 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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