Tag: beachfront homes for sale
Oceanfront Estate On the Market (once again) in the Hollywood Riviera of Redondo
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
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- 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
433 Paseo De La Playa, Redondo Beach – Listed for $12,900,000
Currently 8 Beachfront Homes For Sale on The Strand in Hermosa Beach
While we’ve seen some recent homes close escrow on the Manhattan Beach Strand, things don’t seem to be selling too quickly. There are now 8 beachfront homes on the market in Hermosa Beach. The homes range from lot value/tear down to ornate luxury Italian villas with sculptured lions out front! Take a look a the current Hermosa Beach Strand homes for sale below.
Search all Hermosa Beach homes for sale
Current Homes on the Hermosa Beach Strand
3416 The Strand – Beachfront Home Sells in Manhattan Beach
The highest priced sale in December was…..not surprisingly, a beachfront home on the famous Manhattan Beach Strand. The property was a duplex with the main home with a 2nd smaller unit in the rear. The property was built in 1950 but had been extensively remodeled over the years. It had a nice open feel and the dark wood accents along with dark flooring gave the main home a nautical feel. The home was listed at $11,500,000 and sold at $10,650,000.
View the MLS listing details below.
3416 The Strand Basics
- 5 bedrooms total (duplex)
- 5 bathrooms
- 3,934 square feet (BTV)
- 3,494 foot lot
- Built in 1950
- Listed for $11,500,000 – Sold at $10,650,000
3416 The Strand, Manhattan Beach CA 90266 – Sold for $11,650,000
Oceanfront Home Still on the Market in the Hollywood Riviera
The beachfront home market is definitely picking up with several recent sales including 425 Paseo De La Playa at $6,900,000 as well as several big sales on the Manhattan Beach Strand, but the oceanfront estate at 433 Paseo De La Playa is still available and at $14,500,000 likely will be for some time. 433 Paseo De La Playa is a gated estate that is impossible to replicate given the lot size and location. This is a massive 7,792 square foot palacial estate with 7 bedrooms and 7 baths. Some of the highlights include oceanfront pool and spa, sport court, theatre, pool room and 4 car garage. The home has actually been on and off the market dating all the way back to 2014. From what we can tell it’s been pulled off and relisted more than 6 times and the price has gone from $16,000,000 to the current $14,500,000 over that time. The challenge is that as magnificent as the location and property is, the home is very formal and opulent which doesn’t fit with the location and therefore would need signficant work and updating for most modern beachfront buyer’s taste.
View the MLS listing details below.
433 Paseo De La Playa Property Info
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- 7 bedrooms
- 7 bathrooms
- 7,792 square feet (BTV)
- 26,580 oceanfront lot
- $288 HOA
- Priced at $499,000
433 Paseo De La Playa, Redondo Beach – Listed for $14,500,000
Listing courtesy of Mark Dessy – Premier Property Solutions 310-378-0488