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.
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.

Coastline in the Hollywood Riviera

8 August Home Sales in the Hollywood Riviera At $2.6M Avg

August 2023 Hollywood Riviera Home Sales and Prices

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

It was a slightly slower month for home sales with only six, but prices in the Hollywood Riviera went a bit crazy during August thanks in large part to a oceanfront home sale closing at $8,000,000. Here’s a quick rundown of the numbers and the market:

The average “list” price was a VERY impressive $2,500,625 with the average sold price at $2,596,725 which was WAY higher than the $1,972,000 in July, the June average of $1,857,355 and $1,780,138 in May. So much for interest rates slowing the market.

The average price per foot was $1205 compared with $960 in July and average days on market was a borderline ridiculous 15 days before going into escrow.

The top sale of the month was an oceanfront home at 511 Paseo De La Playa which closed at in impressive $8,000,000.

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

Oceanview homes in the Hollywood Riviera Redondo Beach

Know about new listings in Hollywood Riviera first!

August 2023 Hollywood Riviera Home Sales and Prices

Home Type Address Price $ Per Sq Ft Bed/Bath Sq Feet Age
TWNHS/A 445 Camino De Las Colinas $1,400,000 $894.00 2/1,1,1,0 1566/A 1978/ASR
SFR/D 323 Calle De Andalucia $1,425,000 $1,388.89 3/1,0,0,0 1026/A 1948/ASR
SFR/D 679 Calle Miramar $1,760,000 $1,053.89 3/2,0,0,0 1670/A 1951/ASR
SFR/D 227 Via Anita $2,350,000 $1,269.58 3/3,0,0,0 1851/A 1954/ASR
SFR 409 Calle Mayor $2,988,800 $1,021.11 3/3,0,0,0 2927/ 2001
SFR/D 511 Paseo De La Playa $8,000,000 $2,320.19 5/3,0,1,0 3448/A 2013/SEE

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.

511 Paseo De La Playa Redondo Beach

Oceanfront Home Sale in the Riviera – 511 Paseo De La Playa

Big Home Sale of the Month - Sold at $8,000,000

511 Paseo De La Playa, Redondo Beach, CA 90277

Oceanfront home in the Hollywood Riviera

The big sale of August in Redondo Beach was this beautiful oceanfront home on Paseo De La Playa listed by Chris Adlam of Vista Sotheby’s International Realty.

This oceanfront home in the Hollywood Riviera didn’t look like too much from the street side, but oh how it looks on the ocean side.  The home was pretty understated and if you drove by it would look like a typical 1960s home with some upgrades to the exterior.

The home was listed at $8,000,000 and sold right at the asking price.

Located on arguably the best street in the South Bay, 711 Paseo De La Playa is a spectacular home in a spectacular location.  It shares the same view (some differences as you head up the hill) as the other ocean side homes, but the contour of the bluff has somehow allowed a lower level enterainment area that we’ve only seen on the first few homes.

511 Paseo De La Playa Redondo Beach

511 Paseo De La Playa Basics

  • 5 bedrooms
  • 4 bathrooms
  • 3,448 square feet
  • Huge 22,448 sq foot oceanfront lot that extends all the way to the sand below
  • Built in 1962 and extensivley updated and expanded in 2013
  • Listed by Chris Adlam – Vista Sotheby’s International – 310-493-7216

511 Paseo De La Playa, Redondo Beach, CA 90277 - Sold at $8,000,000

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.
414 Paseo De La Playa Redondo Beach

Big Ocean and Coastline Views from 414 Paseo De La Playa

Big Views and Big Opportunity

414 Paseo De La Playa, Redondo Beach, CA 90277

Cosmetic fixer or new build opportunity in an incredible location

We took a look at this new listing from John Briscoe of Re/Max Estate Properties and thought it was a great one.  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.

Priced at $2,699,000 it’s definitely the future site of something special.

414 Paseo De La Playa Redondo Beach
414 Paseo De La Playa Redondo Beach

414 Paseo De La Playa Basics

  • Listed at $2,699,000
  • 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 - $2,699,000

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.

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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.
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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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