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

Oceanfront Home that Was the Previous Sales Price Record On the Market Once Again

We wrote about the record breaking home sale at 417 Paseo De La Playa back in 2018 when it sold for $22,650,000. This was a record price for the South Bay and Beach cities at the time and it was due, in large part, to the location and the fact that it was actually two oceanfront homes on a massive beachfront lot.

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Well it’s now back on the market at a fairly staggering $26,995,000. For anyone that frequents our website they’ll know that Paseo De La Playa is our favorite street in the Beach Cities as it offers stunning ocean and coastline views while having a level of privacy that the beachfront homes of The Strand in Hermosa and Manhattan Beach most definitely don’t enjoy.

417 Paseo De La Playa, Redondo Beach CA – $26,995,000

Highest Sale Ever in the South Bay at $22,650,000 Happens to Be In the Hollywood Riviera

In 2018 the highest on market residential sale took place at 417 Paseo De La Playa.  We wrote several articles when it first hit the market as well as when it sold.  Although it was one address it was really two incrdible parcels of land with two stunning homes being sold as one.  With over 62,000 feet of oceanfront lot it was most definitely a legacy property and one that likely won’t be duplicated anytime soon.  While there are a few properties currently on the market in the $22,000,000 range, one at 1901 Manhattan Ave in Hermosa Beach and the other at 3001 The Strand in Hermosa Beach, there have only been 3 other homes that have sold in the rarified air of $20,000,000.

417 Paseo De La Playa was an incredible home with unblockable views not only of the ocean, but of both Palos Verdes and the coastline as well.   The homes offered over 10,000+ square feet of living space with just about all of it having stunning views.  Built in 2005 the homes offered resort style grounds with a massive pool and spa deck overlooking the Pacific.  The listing agent was Chris Adlam of Vista Sotheby’s International Realty.

 

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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

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Keith Kyle

Top Producing Realtor

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