New Construction at 508 The Strand Hits the Market
We’ve been watching this one being built for a long time and we’re excited that it’s now come to the market. What’s hard not to notice about this home is the windows…..lots and lots of windows just as a beachfront home should have. 508 The Strand was Designed by Jon Starr & built by Steve Larkin. The 2021 built home offers 5 bedrooms 6 bathrooms and almost 4000 square feet. The views are, of course, unbelieveable and the builder when to great lengths to those views from just about every angle. Contact us for more information on 508 The Strand
Beachfront home sales are few and far between as there just are not that many home buyers that can afford these luxury homes. One recent home that went into escrow was the new construction single family home at 1830 The Strand. Offering an ideal location near downtown, but far enough to be a bit calmer, the home offers 4 bedrooms, 5 baths and approximately 3,750 square feet on 3 levels. The home had been on the market for some time and was originally priced at $12,000,000 back in September.
If you’re looking for something beyond the ordinary and unlike anything else in the
417 Paseo De La Playa Redondo Beach
South Bay, the incredible legacy type property at 417 Paseo De La Playa is worth your attention.
417 & 421 Paseo De La Playa is an incredible home (actually 2 distinct homes) at a price rarely seen in the South Bay. The previous sale of this property by Vista Sotheby’s International back in February of 2018 at $22,650,000 set a record at the time for a single family home in the South Bay. Currently listed at $22,995,000 the home has already had a substantial price reduction from the original $26,995,000 when it was originally brought to market in December.
As described by the listing agent this is truly a “compound” with multiple properties each fronting the ocean, huge outdoor areas, oceanfront pool and spa and more. Consisting of two distinct homes, combined they offer approximately 15,728 square feet on a massive 62,757 square foot oceanfront lot that extends to the sand and offers direct beach access down a trail. The main home features 5 bedrooms and 8 bathrooms, with the second “guest” house featuring 5 bedrooms and 7 baths.
Beyond the view, the outdoor amenities include an incredible pool and spa, fire area and even a private beach volleyball court.
With a home like this you’re definitely paying for incredible location as it’s a fairly original home but the location just can’t be beat. The last sale of something fairly similar was 529 Paseo De La Playa which was a 4 bed, 3 bath single family home with a bit under 3200 feet that sold at $5,650,000.
505 Paseo De La Playa offers the same specs with 4 bedrooms, 3 baths, and the same 3,179 square feet. The lot on 505 is a bit larger and extends all the way to the beach, but the home at 529 had done significant work to the bluff at a pretty major cost to the previous owner.
The most recent sale along this stretch of beach was located at 2330 The Strand.
The home had been on the market for over a year. Originally listed for $10,500,000 back in January 2020 the home just closed on 2/3 for $7,750,000. It was a 4 bed, 4 bath single family home built in 2004 with over 3,300 square feet (approx).
Not surprisingly the highest priced home sale in Redondo Beach during 2020 was an oceanfront single family home on the Esplanade. The oceanfront home at 717 Esplanade had been on and off the market for years without selling due, primarily, to the price. Originally listed in 2013 at $14,250,000, the home had years of price reductions and a number of different listing agents. See our post from years ago about it still being on the market. As there are VERY few beachfront single family homes in Redondo it’s tough to beat the location. Unilike homes on The Strand in Hermosa and Manhattan Beach, these Esplanade homes sit up a bit higher so offer better views and privacy that’s just not possible on the Strand. After years of price reductions the one that finally worked was a price of $9,975,000 back in July of 2019. It took a while but it went into escrow in January 2020 and closed in February. The home offered 4 bedrooms, 6 1/2 baths and an incredible 7,000+ square feet. The sales price was $9,675,000.
It’s not unusual to see a condo come up for sale in Cote D’Azur in the Hollywood Riviera but it’s definitely rare to see one with a view like this. Despite the oceanfront location on Paseo De La Playa most of the condos have a glimpse of the ocean and some condos overlook the trees.
That is definitely not the case with this one. 639 Paseo De La Playa #306 offers incredible and unblockable ocean and coastline views. From the moment you enter you feel like you are on top of the water. The home offers 2 bedrooms, 2 bath, 1,578 square feet on one level and is listed at $2,395,000.
If you’re looking for a legacy beachfront property that’s just about impossible to replicate……417 Paseo De La Playa may be the opportunity you’re looking for.
The home sold in 2018 for a then record price of $22,650,000.
Well it’s now back on the market at a fairly staggering $26,995,000. Paseo De La Playa is our favorite street in the Beach Cities as it offers stunning ocean and coastline views while having a level of privacy that the beachfront homes of The Strand in Hermosa and Manhattan Beach most definitely don’t enjoy.
The beachfront lot is almost 63,000 square feet which is simply a lot size we don’t hear about in the area….put that massive lot right on the beach and you definitely have a legacy property and a luxury beachfront home.
The very slow beachfront real estate market of The Strand seems to be picking up the pace with a number of homes either going into escrow or closing in the past month or two.
1920 The Strand is one of those homes and just recently went pending. It’s a spacious home on a corner lot walk street location. If offers 5 bedrooms, 6 1/2 baths and an impressive 5,574 sq feet (BTV)
