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Sold for $1,400,000
  • Tax assessed value
    $1,400,000

    2950 Neilson Way Unit 406, Santa Monica, CA 90405

    2beds
    1,305sqft
    Residential, Condominium
    Built in 1980
    -- sqft lot
    $1,523,200 Zestimate®
    $1,073/sqft
    $6,725 Estimated rent

    Home value

    $1,523,200

    $1.39M - $1.68M

    $6,725/mo

    Zestimate® history
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    $6,725/mo

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    $10,537/mo

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    What's special

    OCEAN VIEWS! Amazing remodel from top to bottom with gorgeous ocean views. 2bd-2bth w/walk-in finished closet in primary. With stunning wood floors throughout, the kitchen features granite counters, top-of-the-line appliances, a farmhouse-style Waterworks sink, a Bosch dishwasher, and recessed lighting. Fireplace with custom wrought iron doors, large balcony off primary w/ ocean view, room for BBQ & patio furniture, and an incredible location AT THE BEACH. Across the street are Main St shopping, public tennis courts, the Metro, and close by Abbott Kinney, 3rd St Promenade, and the famous Santa Monica Pier. Sea Colony features a 24-hour security guard-gated community with extensive amenities, including a saline heated pool, three spas, a 24-hour gym, a multi-purpose room with a full kitchen, a ping pong room, his/her sauna, a community herb garden w/lemon/lime trees, extra storage unit 12 X 4 X 6, 2-car parking, underground gated garage parking, visitor parking on the premises, and EV Charging stations.

    Zillow last checked:

    Listing updated:

    Listed by:

    Deb Sellers DRE # 02114792 310-903-2953,

    Douglas Elliman of California, Inc. 424-203-1800

    Bought with:

    Deb Sellers, DRE # 02114792

    Douglas Elliman of California, Inc.

    Erin Moore, DRE # 01993735

    Douglas Elliman of California, Inc.

    Source: CLAW,MLS#: 24-406325MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Dining Area, Office, Living Room, Patio Open
    Bedroom
    • Features: Walk-In Closet(s)
    Bathroom
    • Features: Granite, Shower and Tub, Tile
    Kitchen
    • Features: Bar, Open to Family Room
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Disposal, Dishwasher, Dryer, Washer, Trash Compactor, Refrigerator, Range/Oven
    • Laundry: In Unit
    Features
    • Built-in Features, Built-Ins, Breakfast Counter / Bar, Dining Area
    • Flooring: Hardwood, Tile
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Dining Room, Wood Burning
    Interior area
    • Total structure area: 1,305
    • Total interior livable area: 1,305 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gated Underground, On Site, Covered, Assigned
    • Garage spaces: 2
    Features
    • Levels: One
    • Entry location: Ground Level - no steps
    • Exterior features: Balcony
    • Pool features: Association, Heated And Filtered, Salt Water, In Ground
    • Spa features: Association Spa, Heated
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Ocean
    Lot
    • Size: 3.08 Acres
    Details
    • Parcel number: 4288020120
    • Zoning: SMOP4*
    • Special conditions: Standard
    • Other equipment: Cable

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Residential, Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Drywall Walls
    Condition
    • Year built: 1980

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Gated Community, Gated with Guard, 24 Hour Security, Automatic Gate, Secured Community, Security Lights, Fire and Smoke Detection System, Fire Sprinkler System, Guarded, Gated Community with Guard, Firewall(s), Gated, Smoke Detector(s), On-Site Guard
    • Subdivision: Sea Colony Homeowners Association Ii
    HOA
    • Has HOA: Yes
    • Amenities included: Assoc Barbecue, Elevator(s), Exercise Room, Gated, Gated Community Guard, Spa/Hot Tub, Sun Deck, Sauna, Rec Multipurpose Rm, Guest Parking, Onsite Property Management, Pool, Security, Gated Parking
    • Services included: Trash, Insurance, Maintenance Paid, Security, Building and Grounds
    • HOA fee: $1,500 monthly
    Location
    • Region: Santa Monica

    Financial & listing details

    • Price per square foot: $1,073/sqft
    • Tax assessed value: $1,400,000
    • Annual tax amount: $17,573
    • Date on market: 12/10/2025

    Price history

    DateEventPrice
    8/27/2024Listing removed$6,500$5/sqft
    Source: CLAW #24-427581 Report a problem
    8/16/2024Listed for rent$6,500$5/sqft
    Source: CLAW #24-427581 Report a problem
    8/9/2024Sold$1,400,000-8.2%$1,073/sqft
    Source: CLAW #24-406325 Report a problem
    8/1/2024Pending sale$1,525,000$1,169/sqft
    Source: Douglas Elliman #24-406325 Report a problem
    8/1/2024Contingent$1,525,000$1,169/sqft
    Source: CLAW #24-406325 Report a problem
    7/19/2024Price change$1,525,000-6.2%$1,169/sqft
    Source: CLAW #24-406325 Report a problem
    6/24/2024Listed for sale$1,625,000+52.9%$1,245/sqft
    Source: CLAW #24-406325 Report a problem
    2/13/2009Sold$1,062,500+9.5%$814/sqft
    Source: Public Record Report a problem
    10/28/2004Sold$970,000+94%$743/sqft
    Source: Public Record Report a problem
    3/19/2002Sold$500,000$383/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,573 +9.1%$1,400,000 +4.6%
    2024$16,103 +1.6%$1,338,250 +2%
    2023$15,844 +1.3%$1,312,011 +2%
    2022$15,643 +2.6%$1,286,287 +2%
    2021$15,253 +0.7%$1,261,067 +1%
    2020$15,149 $1,248,137 +2%
    2019$15,149 +7.3%$1,223,665 +2%
    2018$14,121 $1,199,673 +2%
    2017$14,121 +0.4%$1,176,151 +2%
    2016$14,059 +3.3%$1,153,090 +1.5%
    2015$13,609 +44.9%$1,135,770 +46.2%
    2014$9,392 $777,000
    2012-- $777,000 -7.5%
    2011-- $840,000 -20.6%
    2010-- $1,057,487 +0.7%
    2009-- $1,049,958 +2%
    2008-- $1,029,371 +2%
    2007-- $1,009,188 +2%
    2006-- $989,400
    2005-- $989,400 +90.4%
    2004-- $519,521 +1.9%
    2003-- $510,000 +39.7%
    2002-- $365,048 +4%
    2000-- $350,874
    Find assessor info on the county website

    Neighborhood: Santa Monica Pier Area/Ocean Avenue

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Santa Monica-Malibu Unified School District

    Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,523,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,523,200