Oceanfront Home In the Hollywood Riviera Breaks the South Bay Price Record
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.