417 Paseo De La Playa Redondo Beach

Record Setting Home at 421 Paseo De La Playa For Sale Once Again

Oceanfront Compound For Sale for $22,995,000

417 & 421 Paseo De La Playa is a wow legacy type property (well actually 2 houses) at a wow price.  The previous sale of this property 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 we’ve already seen a very significant price drop from the original $26,995,000 price it was originally listed for in December.

There really is nothing like this in the South Bay.  As described by the listing agent this is truly a “compound” type feel and a true legacy home.  Consisting of two distinct free standing 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.

Views are stunning and unlike the beachfront homes of the Strand in Manhattan Beach and Hermosa  Beach the coastline views of the evening and night are equal to the incredible daytime views.

Contact us for more information on this oceanfront home

As rare as these oceanfront home sales are, this is definitely not the only oceanfront home. Check out all of the oceanfront homes currently for sale on Paseo De La Playa in the Hollywood Riviera.

421 & 417 Paseo De La Playa – Priced at $22,995,000


Listing courtesy of Joshua Altman – Douglas Elliman

Redondo Beach January Real Estate At a Glance

January was a great month for  real estate in Redondo Beach especially in terms of the home prices of the homes that sold during the month.  In terms of the number of homes that sold it was  slower than the prior months but that’s not unusual as the holidays really slow the homes going into esrow during December.  There were 62 on market home sales compared with a very low 35 sales during the previous January.  View addresses, prices and details of the homes that sold in all of Redondo Beach during January.

The median sales price of the homes that sold was an impressive $1,249,000 with a very short average 27 days on market.  View our Redondo  Beach real estate stats and trends to see how Januare compares to previous months.

Hollywood Riviera real estate trends

2020 Hollywood Riviera Real Estate Market Recap – By the Numbers

Here’s a quick recap of the year that was in the Hollywood Riviera. The real estate market remained hot for the entire year and seemed to pick up steam as time went by. Click here to view the homes that sold in the Hollywood Riviera during 2020.

See also the current properties for sale in the Hollywood Riviera community.

Date 20-Jan 20-Feb 20-Mar 20-Apr 20-May 20-Jun 20-Jul 20-Aug 20-Sep 20-Oct 20-Nov 20-Dec
For Sale 14 14 16 13 24 25 24 21 15 12 18 12
New Listing 11 12 15 10 12 19 16 18 9 8 8 2
Sold 6 8 10 9 6 6 14 21 16 8 10 5
Pended 12 9 9 5 4 19 19 13 12 7 4 14
Avg. Active Price 3160 3092 2367 2557 2552 2583 2523 2668 2995 2508 1565 5600
Avg. Sold Price 1475 1410 1528 1400 1571 2359 1510 1552 1672 1612 1605 1578
Avg. Sq. Ft. Price (Sold) 670 745 741 756 762 904 780 745 855 691 754 812
Sold/List Diff. % 96 100 99 99 97 99 100 99 102 100 101 100
Sold/Orig LP Diff. % 93 99 95 98 94 94 98 98 100 99 97 100
Avg Days on Market 82 51 72 44 32 55 24 34 22 25 51 16
Median Sold Price 1247 1335 1404 1075 1399 1755 1498 1510 1560 1500 1625 1700

Hollywood Riviera Home Prices Just Keep Rising

Take a look at the chart below to see how the median home prices in the Hollywood Riviera just keep going up.  Other than one month dictacted by an oceanfront sale, the climb has been steady.

Average Median Sold Price in December 2020: $1700000

Up 4.6% compared to last month
Up 37.4% compared to last year

Search the current Hollywood Riviera listings

Median Home Prices in the Hollywood Riviera

Oceanfront homes in the Hollywood Riviera

3 Beachfront Homes for Sale in the Hollywood Riviera

It’s pretty hard to believe but there are 3 oceanfront homes for sale on the beachfront street of Paseo De La Playa in the Hollywood Riviera.  Although some need extensive updating all three could be considered “once in a lifetime” type properties with massive property that extends all the way to the beach.

Contact us to learn more

Current Oceanfront homes on Paseo De La Playa

See the Hollywood Riviera Homes that Sold in November

Take a look at the homes and properties that sold in the Hollywood Riviera during the month of November.

See also the current homes for sale in the Hollywood Riviera.

November 2020 Home Sales and Prices

Type Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
TWNHS/A 448 Palos Verdes Blvd $985,000 $619.11 3/1,1,1,0 1591/A 1978/ASR 10/7/2020
CONDO/A 213 Calle Mayor $1,050,000 $574.71 3/1,1,1,0 1827/A 1978/ASR 10/7/2020
SFR/D 329 Avenida Atezada $1,500,000 $1,053.37 3/2,0,1,0 1424/T 1952/ASR 10/1/2020
SFR/D 136 Via Los Miradores $1,889,000 $623.02 4/3,0,0,0 3032/A 1998/ASR 10/27/2020
SFR/D 503 Camino De Encanto $2,285,000 $1,099.09 4/1,2,0,0 2079/A 1955/ASR 10/5/2020
SFR/D 121 Via Alameda $2,750,000 $690.61 6/7,0,0,0 3982/A 2008/ASR 10/23/2020
SFR/D 24660 Via Valmonte $1,500,000 $435.41 5/2,1,1,0 3445/A 1971/ASR 10/23/2020

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Vista Sotheby's International

Vista Sotheby’s International Realty is one of the premier real estate firms in Southern California.  Visit our Riviera Village Office

ADDRESS:

1801 S Catalina Ave, Redondo Beach, CA 90277

Phone:

310.251.2344

E-mail:

keith@keithkylehomes.com

CONTACT AGENT

Redondo Beach realtor Keith Kyle.
DRE#01712785

Keith Kyle

Top Producing Realtor

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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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