Search oceanfront homes in Redondo Beach CA. See the homes and condos on the Esplanade in South Redondo 90277 and Paseo De La Playa in the Hollywood Riviera
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.
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.
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.
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.
Back on the Market - 505 Paseo De La Playa in the Hollywood Riviera
After being pulled of of the market for a short period of time, the oceanfront home at 505 Paseo De La Playa is back on the market and avilable priced at $5,500,000. As with many of the sales on Paseo De La Playa it’s an older home in fairly original condition but it’s tough to beat the location. It offers 4 bedrooms, 3 baths and almost 3,200 square feet on an expansive 26,985 square foot lot (BTV) that stretches all the way to the beach.
The price is likely going to be a bit of a reach for the seller as the home just up the street at 529 Paseo De La Playa just closed escrow at $5,650,000 and the home was in similar condition but had a slightly bigger flat yard facing the ocean and also had extensive (and expensive) shoring done to the hillside which is always a challenge due to California Coastal Commission restrictions. The home at 505 Paseo De La Playa has apparently had some hillside challenges. Another upgrade on 529 was the addition of a trail down to the beach when the shoring was done which is a pretty significant value added as it’s so tough to get CCC approval.
505 Paseo De La Playa
Listing courtesy of Dan Mullin – RE/MAX Estate Properties
If you’re looking for something beachfront in So Cal or a condo with a big view, there are several currently on the market along the Esplanade and in The Village in South Redondo Beach. There’s been a nice increase in the number of beachfront and big water view homes and condos on the market in South Redondo in the past few weeks. Take a look below at the current condos for sale along the water.
The latest beachfront offering, located at 529 Paseo De La Playa never even made it to the market before selling. This was a fairly original home but was unique in a few ways including the extensive work done to the hillside allowing for a permitted walkway down to the beach. The home itself has lots of potential and a great flat backyard area with incredible views. The home just hit the market at $5,800,000 and offered 4 bedrooms, 3 baths and just under 3,200 square feet of living space on a huge (although typical for the homes on the west side of the street) 22,000 foot lot that extends down to the sand. This is one of our absolute favorite locations in the South Bay.
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
If you’re looking for a beachfront opportunity that doesn’t come along all that often, 505 Paseo De La Playa might be the home and location for you. Unlike the beachfront homes of the Manhattan Beach Strand and Hermosa Strand, Paseo De La Playa offers even better views and a bit of privacy. They offer very large lots with the land extending all the way down to the beach. It’s rare to see one of these incredible oceanfront homes hit the market and this is no exception. Built in 1962 it’s an older home that feels pretty dated and will likely get/need quite a bit of work to become a luxury home, but as they say in real estate, “location, location, location”.
Paseo De La Playa is a hilly street with the homes on the west side sitting on a beachfront bluff with incredible views of the ocean, PV and the coastline. The home is listed at $5,500,000 this is a 4 bedroom (one bedroom downstairs and 3 upstairs), 3 bath home with just under 3,200 square feet.
