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2222 Neilson Way, 102, Santa Monica, CA 90405

$1.95M3bd · 3ba · 1,805 sqft
Lot 8,426 sqft•HOA $900/mo•Condominium•
Active
•75d on market•MLS# 00-26874445

Property Description

This ideally located, spacious 1,800-square-foot, condominium on Neilson Way offers the best of Santa Monica living. This sophisticated residence offers two bedrooms, three bathrooms, and a versatile den currently configured as a third bedroom. Location, location, location - just one block from the vibrant Main Street and one block from the sandy beaches of the Pacific, this residence puts you at the heart of one of the most desirable neighborhoods in Southern California. As you enter the condo, you're welcomed into an expansive living and dining area that sets the tone for this inviting home. The large primary bedroom is a standout, offering serene views of the expansive private terrace and easy access to this outdoor retreat - perfect for soaking in the coastal breeze. The terrace itself is ideal for outdoor dining, entertaining, or simply relaxing in your own slice of paradise. The apartment also includes two underground parking spots for added convenience. With the beach and Main Street just a block away, you'll enjoy effortless access to boutique shops, award-winning restaurants, and the lively energy of the Santa Monica community. Whether you're catching a sunset by the shore, exploring the local farmer's market, or indulging in the nearby nightlife, this location offers endless opportunities for entertainment and relaxation. It's more than a residence it's a gateway to the ultimate coastal lifestyle.

Features & Amenities

FeeBuilt 1991

Property Details

Land Type
Fee
Year Built
1991
Property Type
Residential
Property Subtype
Condominium
Heating
Heat Pump
Flooring
Tile
City
Santa Monica
Zip Code
90405
County
Los Angeles
Listed bySotheby's International Realty, David Sohmer

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,860.26
Principal & Interest
Loan Amount
$1,560,000
Total Interest
$1,989,694
Total Payment Over 30 Years
$3,549,694
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

2222 Neilson Way, 102, Santa Monica, CA 90405

Santa Monica · Condominium

$1.95M
Luxury Tier
Beds
3
Baths
3
Sqft
1,805
Lot
8,426 sqft
Year
1991
$/Sqft
$1080
Pool: No✓

Listed in line with the median closed sale of $1,999,000. Price per sqft ($1,080) is a 10% premium to closed comps ($980). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.95M· $1,080/sqft
Total list price
Closed comps
vs closed median $2.00M
−$49K (−2.5%)
Active comps
vs active median $2.05M
−$100K (−4.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,274
−$194 (−15.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1705 Ocean AvenueSanta Monica2014231,6100$1,359$2.19M3884
1755 Ocean AveSanta Monica2014221,4700$1,463$2.15M15680
3019 3rd StreetSanta Monica1991232,01015,457$920$1.85M7370
140 Ocean Park BoulevardSanta Monica1987221,502196,225$1,328$2.00M3267
1705 Ocean AvenueSanta Monica—221,57440,870$1,302$2.05M10065
Total: 5 · Average2.02.41,633.284,184$1,274.4$2.05M79.8
Median1,574$2.05M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2203 3rd StreetSanta Monica199905/08/2026232,1170$2.10M$2.00M$9450.9511986
2622 2nd StreetSanta Monica198207/17/2026331,8845,016$1.79M$1.73M$9160.9613485
2807 3rd StreetSanta Monica198807/09/2026231,4417,755$1.75M$1.73M$1,2000.997784
212 Bay StreetSanta Monica202507/27/2026232,2006,007$2.00M$2.00M$9091.003881
120 PACIFIC AvenueVenice199105/26/2026332,2284,468$2.00M$2.08M$9311.045575
Total: 5 · Average2.43.01,9745,811.5$1.91M$1.91M$980.2—84.6
Median2,117$2.00M$2.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.