2930 Neilson Way 407, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 2 bath

2930 Neilson Way 407, Santa Monica, California 90405 home-pic-0
ACTIVE$1,399,000
2930 Neilson Way 407, Santa Monica, California 90405
2Beds
2Baths
1,352Sqft
134,148Lot
Year Built
1980
Close
-
List price
$1.4M
Original List price
$1.55M
Price/Sqft
$1,035
HOA
$1,650
Days on market
-
Sold On
-
MLS number
SR25027561
Home ConditionExcellent
Features
Excellent View: Park/Greenbelt, Ocean
Patio
ViewPark/Greenbelt, Ocean

About this home

We found 3 Cons,5 Pros. Rank: price - $1.40M(60th), sqft - 1352(51th), beds - 2(50th), baths - 2(50th).

Huge price reduction 4/8/25! Ocean View Unit that looks out to a gorgeous garden area! in the Prestigious Sea Colony II Community. Many upgrades! Remodeled kitchen and Bathrooms! Welcome to coastal luxury at its finest! Nestled in the heart of Santa Monica, just steps from the beach and one block from the vibrant shops and restaurants on Main Street, this 2-bedroom, 2-bath condo offers the ultimate in oceanfront living. Flooded with natural light and featuring newly updated luxury vinyl flooring, plush carpeting, and fresh interior paint, this one-level unit embodies the California Dream. The remodeled kitchen is a chef's paradise, with top-of-the-line Viking appliances, including a six-burner stove, convection oven, wine fridge, built-in refrigerator, and a dishwasher. Plus, the in-unit washer and dryer make daily living a breeze. The remodeled primary bath is a standout with two separate showers, adding a touch of luxury. The spacious living area features large windows and sliding doors that open to your private patio, where you can enjoy sweeping ocean views while relaxing in the cool sea breeze. The patio overlooks a lush common grassy yard, perfect for outdoor living. Sea Colony II residents enjoy an array of premium amenities, including a fitness center, pool and spa, 24-hour security, gated entrance, and more. Additional perks include two side-by-side parking spaces and a generous gated storage area. Don't miss the chance to live in this exceptional community. See you there!

Price History

Date
Event
Price
07/28/16
Sold
$1,485,000
11/01/13
Sold
$1,075,000
02/14/07
Sold
$899,000
Condition Rating
Excellent

Despite being built in 1980, this unit has undergone extensive and high-quality renovations. The description highlights a 'remodeled kitchen' with 'top-of-the-line Viking appliances' (six-burner stove, convection oven, wine fridge, built-in refrigerator, dishwasher), a 'remodeled primary bath' with 'two separate showers,' 'newly updated luxury vinyl flooring,' 'plush carpeting,' and 'fresh interior paint.' These updates bring the property's interior condition to a virtually new standard, meeting current quality expectations with no deferred maintenance, aligning with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Exceptional Coastal Location: Steps from the beach and one block from vibrant Main Street shops and restaurants, offering unparalleled walkability and lifestyle in Santa Monica.
Luxury Renovations & Appliances: Features a fully remodeled kitchen with top-of-the-line Viking appliances, updated bathrooms including a primary with dual showers, new flooring, and fresh paint throughout.
Desirable Ocean & Garden Views: Enjoy sweeping ocean views and a serene outlook over a lush common grassy yard from a private patio, enhancing the coastal living experience.
Premium Community Amenities: Residents benefit from a fitness center, pool, spa, 24-hour security, gated entrance, two side-by-side parking spaces, and ample storage within the prestigious Sea Colony II.
Bright & Modern Interior: Flooded with natural light, this one-level unit boasts an open, updated interior with luxury vinyl flooring and plush carpeting, embodying the California Dream.

Cons

Substantial Association Fees: The monthly association fee of $1650 is considerably high, adding a significant recurring cost to ownership that may impact affordability for some buyers.
Building Age: Constructed in 1980, the building's age may present concerns regarding overall infrastructure and potential for future maintenance or special assessments, despite recent unit upgrades.
Recent Price Adjustment: A 'huge price reduction' indicates the property may have been initially overpriced or faced market resistance, potentially affecting its perceived value or time on market.

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