The legacy of 433 Paseo De La Playa comes to an end with the home closing escrow for $17,000,000 in April.

There are homes that take some time to sell….and some that take forever to sell.  433 Paseo De La Playa was originally listed in 2014 and it has now finally sold.  This was the third highest priced home sale in the Hollywood Riviera ever.

There was no disputing the location as it’s simply magnificent.  The problem was the home itself and the price.  The home in it’s pre 2024 remodel was probably likely considered luxurious….but it was a whole lot of house (10,000+ sq feet!) that needed remodeling and clearly nobody was willing to take that on.

433 Paseo De La Playa was listed by Mark Dessy of Premier Property Solutions.

Post remodel the home was reinvented into a more modern, light and bright beach house.

It was listed in January 2025 for $22,500,000 and sold for $17,000,000 so probably not what the seller envisioned, but after 10 years on the market I’m sure it’s a relief.

It underwent a massive remodel by Lane Design Build that transformed the home from a rather dated and ornate palace into the modern beach estate that it now is.

This gated property sits on a huge beachfront lot that extends all the way to the beach and features stunning views of the ocean and coastline. 

Some of the rare highlights included the gated entry, large theatre, 2 garages for 5 cars, oceanfront swimming pool, direct beach access and so much more.