We’ve seen this home in the Hollywood Riviera of Redondo Beach on and off the market for years now but the oceanfront estate at 433 Paseo De La Playa has returned with a new price. Originally listed in 2014 for $16,000,000 it’s been on and off ever since and now back at a much more attractive price.
The home is definitely custom which has certainly not helped appeal to a larger market as it’s very ornate and formal despite the luxury coastal location. This one is all about the possibilities as it’s a massive with almost 7,800 foot home with approved plans to add another 2,000+ square feet. This ornate estate sits on a huge 26,580 foot lot that extends down the hillside to the beach below. In our opinion this is one of the best locations in all of the South Bay as it combines stunning views, direct beach access and privacy you just don’t find in most other beachfront locations in Southern California. Due to all of this it’s very hard to replicate what this has to offer.
Due to the lot size this is a true estate type home with a gated entry, sports court, oceanfront pool, grand staircase, 4 car garage. For those looking for a legacy type property this checks a lot of boxes and would be very hard to duplicate. As mentioned the home has been on and off the market for a very long time. It hit the market in 2014 (had sold in 2012) at a then over the top $16M. It was listed and relisted several times from 2014-2018 at similar price points. The home was relisted once agai at $14.9M in 2018 and then eventually at $14.5M and pulled off of the market at the beginning of this year.
Home and Property Info
- 7 bedrooms
- 7 bathrooms
- 7,792 square feet (BTV)
- 26,580 oceanfront lot
- Priced at $12,900,000
- Listied by Mark Dessy – Premier Property Solutions 310-378-0488