The highest priced sale in December was…..not surprisingly, a beachfront home on the famous Manhattan Beach Strand. The property was a duplex with the main home with a 2nd smaller unit in the rear. The property was built in 1950 but had been extensively remodeled over the years. It had a nice open feel and the dark wood accents along with dark flooring gave the main home a nautical feel. The home was listed at $11,500,000 and sold at $10,650,000.
The newest home on the beachfront market is a record setter priced at $30,000,000. 3216 The Strand offers an extremely spacious 7,454 square feet (buyer to verify) with 3 primary levels each with staggering ocean views.
Looking more like a ultra luxury hotel with dark wood accents framing the ocean vistas. Designed by KAA and built by Matt Morris Development in 2013 the home offers the highest end living for the ultimate beachfront buyer.
Top floor offers the primary living spaces making for a private retreat from the passers by on the beach and Strand. Middle level features the incredible primary suite and the majority of the bedrooms. Ground level beach room offers perhaps the coolest bar we’ve ever seen in a private home in Manhattan Beach along with legitimate home gym and fitness area. Below ground features an impressive home theatre, smaller living area, wine cellar and tasting room.
The beachfront home market is definitely picking up with several recent sales including 425 Paseo De La Playa at $6,900,000 as well as several big sales on the Manhattan Beach Strand, but the oceanfront estate at 433 Paseo De La Playa is still available and at $14,500,000 likely will be for some time. 433 Paseo De La Playa is a gated estate that is impossible to replicate given the lot size and location. This is a massive 7,792 square foot palacial estate with 7 bedrooms and 7 baths. Some of the highlights include oceanfront pool and spa, sport court, theatre, pool room and 4 car garage. The home has actually been on and off the market dating all the way back to 2014. From what we can tell it’s been pulled off and relisted more than 6 times and the price has gone from $16,000,000 to the current $14,500,000 over that time. The challenge is that as magnificent as the location and property is, the home is very formal and opulent which doesn’t fit with the location and therefore would need signficant work and updating for most modern beachfront buyer’s taste.
727 Esplanade, known as Oceania, is is one of our favorite builidings in the South Bay. Even the parking lot has some staggering ocean views. There are other “oceanfront” buildings, but every condo in this building is truly oceanfront. This truly is the good life in condo form. Spacious 2 bedroom layout offering over 1,500 square feet with truly unbelievable views from just about every room. The home was extensively remodeled making it the perfect turn key condo ideal for any owner as a primary residence or second home. Sit back and relax to stunning ocean and Palos Verdes views, sounds of waves crashing out front and cool beach breezes. 727 Esplanade #102 is listed at $1,849,000.
In one of the biggest sales of some time, 508 The Strand just recently closed at an eye opening price of $19,200,000. The home was originally listed in March at $19,900,000. The home was marketed as a new build but the home was still technically an almost entire remodel. The south sand section location couldn’t get much better. *The home was not actually a new build but was an almost complete remodel so basically was new construction. The home offers 5 bedrooms, 6 baths and over 4,300 square feet (according to builder) of living space. What we love about this one is the windows. Strangely some Strand homes just don’t take full advantage of the location and views….not this home. Walls of windows on all three floors bring the outdoors in and are ideal for modern living.”
Although it took a while the oceanfront home in the Hollywood Riviera at 505 Paseo De La Playa closed escrow during May and ended up selling for $5,175,000.
With a home like this you’re definitely paying for 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 significan expense.
Welcome to the beach life in the Ocean Plaza condo building located beachfront at 531 Esplanade in South Redondo Beach. There are several condos currently for sale in the building and today’s spotlight is a nicely remodeled ocean view unit priced at $1,169,000. Even from the kitchen there’s a big section of ocean to remind you of just why you wanted to live at the beach. This oceanview condo offers 2 bedrooms, 2.5 baths, a bit over 1,400 square feet and has been beautifully remodeled.
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
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.
on the famous Manhattan Beach Strand. The property was a duplex with the main home with a 2nd smaller unit in the rear. The property was built in 1950 but had been extensively remodeled over the years. It had a nice open feel and the dark wood accents along with dark flooring gave the main home a nautical feel. The home was listed at $11,500,000 and sold at $10,650,000.
verify) with 3 primary levels each with staggering ocean views.
