oceanfront home at 631 Paseo De La Playa Redondo Beach CA

Oceanfront Home for Sale at 631 Paseo De La Playa in the Riv

Oceanfront home hits the market

631 Paseo De La Playa, Redondo Beach, CA 90277

The newest home to hit the market in the Hollywood Riviera is an oceanfront estate sitting high on the bluff of Paseo De La Playa.

The home is the highest on the street (other than condo complex of Cote D’Azure, so it offers sweeping views of the ocean, coastline and Palos Verdes.

The home itself is quite large at almost 5,700 square feet with 4 bedrooms + an office that could be used as a 5th bedrooms and 7 total baths.

The outdoor spaces are incredible with massive views from multiple areas.  The owners has transformed these areas into a tropical oasis with oceanfront pool deck with tropical landscaping and resort like feel.

While the home is huge and the views and location are simply stunning, we don’t really see this one selling at or near their $15,000,000 list price.  One challenge is that given the location at the very top of the hill they don’t really have a path to the beach like some of the others on the street.

Without question this is a legacy type property so we’ll have to wait and see if the price deters or it’s uniqueness makes it appealing at the $15,000,000 mark.

631 Paseo De La Playa Redondo Beach CA

Listed at $15,000,000

oceanfront home at 631 Paseo De La Playa Redondo Beach CA

631 Paseo De La Playa Facts and Figures

    • Oceanfront
    • 4 bedrooms + office
    • 7 bathrooms
    • 5,675 interior square feet (BTV)
    • 29,276 sq foot lot extending to the beach below
    • Built in 1998
    • Priced at $15,000,000
    • Listed by Chris Adlam – Vista Sotheby’s International- 310-493-7216
Contact Redondo realtor Keith Kyle with Vista Sotheby’s International to request more info

631 Paseo De La Playa, Redondo Beach, CA 90277 - Listed for $15,000,000

Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
532 Paseo De La Playa Redondo Beach

532 Paseo De La Playa – Top October Hollywood Riviera Home

Top Home Sale of the Month

532 Paseo De La Playa, Redondo Beach, CA 90277

Listed at $4,750,000

The top sale of the month in the Hollywood Riviera belonged to a beautifully reimagined single family home on Paseo De La Playa.  

The home was not on the oceanfront side which made the sales price of $4,750,000 pretty incredible.

That said the home offered great ocean views and almost 4,000 square feet.  The home featured 4 bedrooms, 4 bathrooms and great outdoor spaces.

The home is just a short distance to the beach so location was tough to beat. 

The home basically sold off market and was only placed on the MLS to record the sale.

532 Paseo De La Playa Facts and Figures

532 Paseo De La Playa Redondo Beach
    • Built in 1955 and extensively remodeled in 2023
    • 4 bedrooms
    • 4 bathrooms
    • 3,389 interior square feet (BTV)
    • Oceanviews
    • Sold off market at $4,750,000
    • Listed by David Keller – Re/Max Estate Properties – 310-707-8706
Contact Redondo realtor Keith Kyle with Vista Sotheby’s International to request more info

532 Paseo De La Playa, Redondo Beach, CA 90277 - Listed for $4,750,000

Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Village Palos Verdes townhomes

See the 9 Home Sales in the Hollywood Riviera in October

October 2023 Hollywood Riviera Home Sales and Prices

9 closed sales at $1,959,556 average price

While October was once again a great month for home sales in the Hollywood Riviera, it was a bit more back to normal from the two previous months.  In both August and September there were huge sales of oceanfront homes on Paseo De La Playa which really skewed the numbers.

The median “list” price was $1,961,249 with the average sold price at $1,959,556 meaning that the homes that sold were a bit below the list price.

The median price per foot was $1007 and median days on market was 44 which was a return to normal from a borderline ridiculous average 15 days on Market in September.

The top sale of the month was a extensively remodeled ocean view home at 532 Paseo De La Playa which closed at $4,750,000 (not on the oceanside so this was a BIG number) and the lowest priced home was a 2 bedroom condo in Cote D’ Azur which closed at $1,017,000.

See how this compares to other months on our Hollywood Riviera real estate trends and statistics page.

532 Paseo De La Playa Redondo Beach

Know about new listings in Hollywood Riviera first!

October 2023 Hollywood Riviera Home Sales and Prices

Type Address Price $ Per Foot Bed/Bath Sq Feet Age
CONDO/A 635 Paseo De La Playa #105 $1,017,000 $775 2/2,0,0,0 1312/A 1962/ASR
TWNHS/A 127 Calle Mayor $1,139,000 $849 2/1,1,1,0 1342/A 1974/ASR
SFR/D 204 Via Colusa $1,350,000 $989 2/1,0,0,0 1365/A 1948/ASR
SFR/D 257 Vista Del Parque $1,709,000 $1,315 3/1,1,0,0 1300/O 1949/ASR
SFR/D 142 Paseo De Gracia $1,723,000 $990 3/2,0,1,0 1741/A 1948/PUB
SFR/D 360 Calle Mayor $2,050,000 $895 3/2,0,0,0 2290/A 1957/ASR
SFR/D 532 Paseo De La Playa $4,750,000 $1,402 4/3,0,1,0 3389/B 1955/ASR
SFR/D 5600 Calle De Ricardo $1,825,000 $1,198 3/2,0,0,0 1523/A 1955/ASR
SFR/D 24900 Via Valmonte $2,073,000 $657 3/2,0,1,0 3157/T 1979/ASR

Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

414 Paseo De La Playa Redondo Beach

Big Views Big Price – 414 Paseo De La Playa Closes at $3,075,607

Ocean View Home in the Riviera sells for almost $400,000 over list price

414 Paseo De La Playa, Redondo Beach, CA 90277

Fixer with big views sells for a big number

We had mentioned this one a few weeks back as we thought it was a great opportunity.  Clearly so did others as the home that was listed at $2,699,000 sold quickly at $3,075,607.

The home was listed by John Briscoe of Re/Max Estate Properties and we thought it was a great opportunity to fix up or build new.  Normally homes on the east side of the street don’t have views but this one was very different. 

Built in 1955 and pretty much looking like a house built in 1955 it’s all about potential and location.  

Although it’s on the east side (not the ocean side) of Paseo De La Playa it sits right at the base so it offers some big views down the coastline and of the ocean.

Although it’s clean and appears to be in good shape, the home is definitely either a big remodel project or the site of future new construction.

414 Paseo De La Playa Redondo Beach

414 Paseo De La Playa Basics

  • Listed at $2,699,000 & sold at $3,075,607
  • 3 bedrooms
  • 2 bathrooms
  • 1,529 square feet
  • Built in 1955
  • Listed by John Briscoe – Re/Max Estate Properties – 310-378-9889

414 Paseo De La Playa, Redondo Beach, CA 90277 - Sold at $3,075,607

Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
417 Paseo De La Playa Redondo Beach

September A Big Month for Home Sales in the Hollywood Riviera

September 2023 Hollywood Riviera Home Sales and Prices

7 closed sales at $2,596,725 average price

For the 2nd month in a row the big story was a HUGE sale of an oceanfront property on Paseo De La Playa.  Last month it was a big sale at 511 Paseo De La Playa at $8,000,000 and this month it was a top sale of $17,500,000.  Here’s a quick rundown of the numbers and the market:

The median “list” price was $1,599,000 with the average sold price at $1,630,000 so homes continue to sell above the listing price in most cases. We normally talk about the average prices but the sale at 417 Paseo De La Playa skewed the numbers dramatically. So much for interest rates slowing the market.

The median price per foot was $1,092 and median days on market was a borderline ridiculous 15 days before going into escrow.

The top sale of the month by a LARGE margin was an oceanfront property consisting of 2 seperate homes at 421 and 417 Paseo De La Playa which closed at in impressive $17,500,000.

See how this compares to other months on our Hollywood Riviera real estate trends and statistics page.

417 Paseo De La Playa Redondo Beach

Know about new listings in Hollywood Riviera first!

September 2023 Hollywood Riviera Home Sales and Prices

Prop Type Address Price Bed/Bath Sq Feet Age
TWNHS/A 420 Palos Verdes BLVD $1,350,000 3/2,0,1,0 1600/A 1978/ASR
SFR/D 436 Via Mesa Grande $1,600,000 3/1,1,0,0 1364/A 1954/ASR
SFR/D 414 Paseo De La Playa $3,075,607 3/2,0,0,0 1529/A 1955/PUB
SFR/D 123 Calle De Andalucia $3,650,000 5/3,1,0,0 3342/A 2021/SEE
SFR 417 Paseo De La Playa $17,500,000 10/10,0,5,0 15728/A 2005/ASR
SFR/D 4503 Vista Largo $1,620,000 4/2,0,0,0 1936/OTH 1958/ASR
SFR/D 4522 Paseo De Las Tortugas $1,630,000 3/1,1,0,0 1818/A 1956/ASR

Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

417 Paseo De La Playa Redondo Beach

Huge Sale – 417 Paseo De La Playa Sells….At a Discount $17.5M

Originally listed for $26,995,000 back in 2020, this incredible property sells

417 and 421 Paseo De La Playa, Redondo Beach

Sold for $17,500,000

This is, no doubt the big home sale of the month in both the Hollywood Riviera and Redondo Beach.  In fact it was the top sale of the month in all of the South Bay and Palos Verdes.  It was listed by Josh and Matthew Altman of the TV “Altman Brothers” fame.

The home had sold for a record $22,650,000 back in 2018 and the new owners put it back on the market less than 2 years later.

It’s clear that they were looking for and hoping a big profit when they listed it for $26,995,000 towards the end of 2022 but ended up selling at a significant loss. 

The home(s) had reduced the price a number of times as well as pulling it off and putting it back on….often at a higher price than it had previously been.

The last price when it returned to the market in the spring of 2023 was $18,900,000

This is an impossible to duplicate property on the beachfront/oceanfront street of Paseo Del La Playa in the Hollywood Riviera.  The impossible to duplicate combination of oceanfront location, huge 1.4 acre (we don’t generally talk in acres in the South Bay) lot that extends to the sand below and two homes making it a true showcase estate.  There’s nothing else like it on the South Bay.

The property actually consisted of 2 distinct homes….the main home with 5 bedrooms and 8 total baths, and the “guest” home with 5 bedrooms and 7 total baths.  Both homes are high on the bluff with unbeatable and unblockable ocean, PV and coastline views.  The properties have stairs down to the beach below which is also a challenge to duplicate due to very restrictive California Coastal Commision restrictions.

While this was a huge sale and a fantastic purchase, it’s likely the sellers and listing agents were pretty happy to put this in the rear view mirror.

Sold at $17,500,000

The property was actually on the market back in 2020 and 2021 first at $27.0M and then at $23M but never sold.  They also tried to sell the properties separately.

View all of the Hollywood Riviera homes currently for sale

417 & 421 Paseo De La Playa details

  • 10 total bedrooms – 15 total bathrooms
    • Main home 5 bed/8 bath
    • “Guest” home has 5 bedrooms/7 baths
  • 15,728 total square feet (BTV)
    • 417 Paseo De La Playa 10,200 sq feet (buyer to verify)
    • 421 Paso De La Playa 5,528 sq feet (buyer to verify)
  • 7 car total garage parking
  • 62,757 foot lot extending to the beach below
  • Listed by Josh Altman & Matthew Altman – Douglas Elliman of California, Inc. – 310-819-3250

Contact Redondo Beach and Hollywood Riviera real estate specialist Keith Kyle with Vista Sotheby’s International for more information.

417 Paseo De La Playa, Redondo Beach, CA 90277 – Sold for $17,500,000

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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Homes in Hollywood Riviera. All rights reserved. The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. **This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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