Elizabeth Olsen: Spirit Awards 2012!

Elizabeth Olsen keeps it simple and stunning on the red carpet at the 2012 Film Independent Spirit Awards held at the Santa Monica Pier on Saturday afternoon (February 25) in Santa Monica, Calif.

The 23-year-old actress wore an Antonio Berardi dress, Cesare Paciotti heels, an Edie Parker clutch, a Joan Hornig earrings, and Melinda Maria rings.

PHOTOS: Check out the latest pics of Elizabeth Olsen

Elizabeth was nominated for Best Female Lead for her work in Martha Marcy May Marlene. Michelle Williams won for My Week with Marilyn.

20+ pics inside…