425 Paseo De La Playa, Redondo Beach - Listed for $12,000,000
Welcome to the good life in the South Bay. Welcome to beachfront living in this legacy type property. Welcome to 425 Paseo De La Playa in the Hollywood Riviera. While this home offers a Redondo address it’s actually in the city of Torrance CA. The highest prices are almost always found along the beachfront street known as Paseo De La Playa.
While it’s hard to imagine a home can be a bit of a project at $12,000,000 the eventual buyer is likely to spend a healthy amount truly making this one of the more spectacular homes in the South Bay. Given the condition of the home it seems a pretty aggressive price, but it’s certainly a rare and unique piece of property.
425 Paseo De La Playa could be one of those rare legacy type homes. Perched on the bluffs above Torrance Beach, the home offers incredible and unblockable ocean views. The 28,000+ sq foot lot is unheard of in the South Bay and as with all of the homes along the west side of Paseo, the lots extend all the way to the beach, but this home has an enormous amount of land in front of the home as well. The gated entry and true estate feel make for endless possibilities.While this home is in need of some updating to truly make it a legacy home, the basics are all here.
Listing provided by John Tran and Martin Le of NextGen Team Realty
One of our favorite streets in all of Southern California is Paseo De La Playa on the bluffs of the Hollywood Riviera. The homes along Paseo De La Playa not only sit oceanfront on the bluff, but unlike the homes of the Hermosa Beach Strand and Manhattan Beach Strand, they have incredible coastline views that are just as stunning at night as during the day. This is an unbelievable location as the lots/homes are not only oceanfront but the lots are huge and extend all the way down to the beach. As 425 Paseo De La Playa is one of the lower homes the slopes is a bit more mild and they’ve been able to build a path down to the beach (which is a VERY challenging step for homes without a path as it require California Coastal approval….which they don’t do). Although the home has some nice features, it is really the lot and location one will be buying…but oh what a location. Take a look below to see this unique opportunity.
Want an even easier way to search for oceanfront homes in the South Bay and Palos Verdes? Tell us just a bit about your ideal home and we’ll customize a search just for you and send you email alerts whenever a new home hits the market. Never miss a new listing in the Hollywood Riviera again.
425 Paseo De La Playa
In 2018 the highest on market residential sale took place at 417 Paseo De La Playa. We wrote several articles when it first hit the market as well as when it sold. Although it was one address it was really two incrdible parcels of land with two stunning homes being sold as one. With over 62,000 feet of oceanfront lot it was most definitely a legacy property and one that likely won’t be duplicated anytime soon. While there are a few properties currently on the market in the $22,000,000 range, one at 1901 Manhattan Ave in Hermosa Beach and the other at 3001 The Strand in Hermosa Beach, there have only been 3 other homes that have sold in the rarified air of $20,000,000.
417 Paseo De La Playa was an incredible home with unblockable views not only of the ocean, but of both Palos Verdes and the coastline as well. The homes offered over 10,000+ square feet of living space with just about all of it having stunning views. Built in 2005 the homes offered resort style grounds with a massive pool and spa deck overlooking the Pacific. The listing agent was Chris Adlam of Vista Sotheby’s International Realty.