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.
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