Update on New Construction Townhomes in North Redondo Beach

New construction townhomes just seem to keep rising dramatically with homes seeming to go up about $100K a year for new construction, detached two on a lot townhomes.  Here’s the sales of detached townhomes in North Redondo Beach built in 2017 and 2018.

Click here to see the current new construction townhomes for sale in Redondo Beach

Status   Address
Close Price – List Price
Price per foot
Bed/Bath
Sq Feet
Year
Date Sold
A 1912 Huntington LN #B
$1,409,000
$548.25
4/3,0,1,0
2570/A
2017/ASR
10/11/2017
A 1729 Harriman LN #A
$1,509,000
$591.53
4/3,0,1,0
2551/B
2018/BLD
1/24/2018
U 2227 Dufour AV #A
$1,409,000
$539.43
4/3,0,1,0
2612/A
2018/BLD
12/27/2017
U 1729 HARRIMAN LN #B
$1,509,000
$590.14
4/3,0,1,0
2557/B
2018/BLD
2/5/2018
S 2108 Gates AV
$1,350,000
$562.50
4/2,1,1,0
2400/E
2017/EST
9/28/2017
S 1918 Dufour AV
$1,480,000    $1,489,000
$532.95
4/3,0,1,0
2777/A
2017/BLD
7/21/2017
S 3307 Green LN
$1,480,000    $1,499,000
$522.78
4/3,0,1,0
2831/A
2017/BLD
9/5/2017
S 1812 Belmont LN #B
$1,315,000
$536.73
4/2,1,1,0
2450/E
2017/BLD
2/24/2017
S 2003 Speyer LN #A
$1,320,000    $1,330,000
$539.66
4/3,0,1,0
2446/A
2017/ASR
5/10/2017
S 1812 Belmont LN #A
$1,325,000
$540.82
4/2,1,1,0
2450/E
2017/BLD
3/17/2017
S 2018 Speyer LN #A
$1,330,000    $1,349,000
$532.00
4/3,0,1,0
2500/B
2017/BLD
4/12/2017
S 2018 Speyer LN #B
$1,339,000    $1,349,000
$535.60
4/3,0,1,0
2500/B
2017/BLD
5/12/2017
S 2003 Speyer LN #B
$1,360,000    $1,379,000
$545.09
4/3,0,1,0
2495/A
2017/ASR
7/7/2017
S 2207 Harriman LN #A
$1,380,000    $1,399,000
$540.96
3/3,0,1,0
2551/A
2017/BLD
9/26/2017
S 2315 Clark LN #B
$1,399,000
$559.60
4/3,0,1,0
2500/E
2017/BLD
10/18/2017
S 2315 Clark LN #A
$1,399,000
$559.60
4/3,0,1,0
2500/E
2017/BLD
10/4/2017
S 2106 Graham AV #A
$1,399,000
$542.25
4/3,0,1,0
2580/B
2017/BLD
8/15/2017
S 2106 Graham AV #B
$1,399,000
$542.25
4/3,0,1,0
2580/B
2017/BLD
7/18/2017
S 1814 Marshallfield LN #B
$1,400,000    $1,399,000
$542.64
4/3,0,1,0
2580/B
2017/BLD
8/15/2017
S 1814 Marshallfield LN #A
$1,400,000    $1,399,000
$542.64
4/3,0,1,0
2580/B
2017/BLD
8/4/2017
S 1912 Huntington LN #A
$1,400,000
$538.46
4/3,0,1,0
2600/A
2017/ASR
11/16/2017
S 2207 Harriman LN #B
$1,400,000    $1,409,000
$538.05
3/3,0,1,0
2602/A
2017/ASR
9/27/2017

Is $1.5M for New Construction Townhomes in North Redondo the New Normal?

Something none of us thought possible seems to be happening in North Redondo. We were amazed when prices of new construction two on a lot detached townhomes reached topped $1,000,000 in 2014, again  when they hit $1.2M mark in 2015….we were again surprised when it started topping $1.3M…and here we are in 2018 with a new construction townhome listed and priced over $1.5M!  1729 Harriman #A offers 4 bedroom and 2551 square feet which is pretty standard.  The rear unit was listed at the same number and is actually in escrow so we may just be heading to a $1.5M+ market.  Unbelievable.  Contact us for more information.

While most new construction townhomes in North Redondo Beach have been pricing in the mid $1.3M to $1.4M these new homes on Harriman just may set the new standard.  It seems unlikely but we’ve said that before.  Only time will tell.

We're sorry, but we couldn't find MLS # SB17280661 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Big Home Sale in the Golden Hills – 1107 Goodman

One of the recent sales that represented a very big number for North Redondo and the Golden Hills was the sale at 1107 Goodman.  Listed for $1,890,000 the home quickly sold at full price after just 5 days on the market.  Sitting on an oversized, 5,215 foot, lot (more than double the normal lot in the area) this was brand new construction and something very hard to duplicate in this neighborhood.  Listed by Aaron Klapper of Strand Hill Christies International this was definitely a trophy house.  Per the listing description:

Welcome to this spectacular, brand new contemporary craftsman home in the heart of Golden Hills. The living room invites you in with soaring ceilings, lots of windows, and the first of three stunning stack-stone fireplaces. The open concept leads to the formal dining area, perfect for warmly entertaining family and friends. There’s an elegant powder room, and guest suite with built-in closet cabinetry and en-suite bathroom. Moving towards the rear of the home, the stylish kitchen has a large center island with quartz counter-tops, prep sink, and drawer microwave. The deep stainless steel farmhouse sink, soft close drawers, Thermador six burner stove and hood, butler’s pantry, walk-in pantry, and breakfast nook lend to this kitchen being as functional as it is chic. The comfortable family room with fireplace has large sliding glass doors that effortlessly lead to the peaceful back yard, creating that indoor/outdoor lifestyle you crave. Head upstairs to find the serene master suite with vaulted ceiling, fireplace, multiple closets, and large sunny balcony. The luxurious master bathroom has a contemporary soaking tub, large rain shower, and skylight. There are three other bedrooms upstairs, two sharing a jack-and-jill bathroom, and the other with en-suite bathroom and balcony. Other fabulous features include high ceilings, recessed LED lighting, European white oak engineered wood floors, quartz counter-tops, 8 foot doors, and of course, sought-after Jefferson school district.

 

 

Is $1,250,000+ The New Normal for Detached New Construction Townhomes?

By Keith KyleNorth-Redondo-Townhome

There’s no doubt that this market continues to amaze.  What would have been considered unheard of a year ago is now becoming standard. Nowhere is this more clear than in new construction detached townhomes in North Redondo Beach.  See our real estate explained…two on a lot detached townhome in Redondo Beach to better understand this unique townhome style.  It wasn’t all that long ago that we were fairly surprised by these homes topping the $1,000,000 but those purchases are now looking like steals.  We kept the chart below limited to only new construction in area 151 (of North Redondo Beach) with similar square footage so this was an apples to apples comparison and the price increases are fairly amazing.  2014 priced just under $1,000,000 with 2015 prices starting near $1,060,000 and reaching $1,250,000.  Currently the only 2o16 built home (with around 2500 feet) just hit the market at a whopping $1,399,000.  While we can’t imagine they’ll get anywhere near that, it will be a great indicator as to just what these homes will sell at in 2016.

Address Price $ Per Sq Ft Bed/Bath Year Built Sq Feet Date Sold
2018 Gates AV #B $999,000 $398 4/3,0,1,0 2014 2508 03/04/14
2016 Gates AV #B $999,000 $416 4/3,0,1,0 2014 2400 03/17/14
2018 Gates AV #A $999,000 $401 4/3,0,1,0 2014 2508 03/18/14
2016 Gates AV #A $979,000 $403 4/4,0,1,0 2014 2400 06/03/14
2403 Gates AV #B $999,000 $398 4/3,0,1,0 2014 2508 08/21/14
2403 Gates AV #A $999,000 $398 4/3,0,1,0 2014 2508 08/22/14
2006 Bataan RD #A $1,079,000 $468 4/2,1,1,0 2015 2400 04/30/15
2016 Gates AV #A $1,069,000 $449 4/4,0,1,0 2014 2436 05/07/15
2110 Ernest AV #A $1,150,000 $443 4/3,0,1,0 2015 2534 05/07/15
2006 Bataan RD #B $1,079,000 $467 4/2,1,1,0 2015 2400 05/15/15
2110 Ernest AV #B $1,170,000 $457 4/3,0,0,0 2015 2534 06/16/15
2019 Farrell AV #B $1,200,000 $473 4/3,0,1,0 2015 2534 11/13/15
2019 Farrell AV #A $1,200,000 $485 4/3,0,1,0 2015 2534 11/13/15
1913 Plant AV #A $1,250,000 $481 4/3,0,1,0 2015 2554 12/01/15
1913 Plant AV #B $1,250,000 $489 4/3,0,1,0 2015 2554 12/17/15
Active Listing
1928 Curtis AV #A
 $ 1,399,000
 $        555
4/3,0,1,0 2016 2519 02/01/16

Current New Construction Townhomes for Sale

  1. 4 beds, 4 baths
    Home size: 2,476 sq ft
    Lot size: 7,501 sqft
    Year built: 2018
    Days on market: 41
  2. 4 beds, 4 baths
    Home size: 2,500 sq ft
    Lot size: 7,453 sqft
    Year built: 2016
    Days on market: 41
  3. 4 beds, 5 baths
    Home size: 2,951 sq ft
    Lot size: 7,156 sqft
    Year built: 2018
    Days on market: 52
  4. 4 beds, 5 baths
    Home size: 2,883 sq ft
    Lot size: 7,156 sqft
    Year built: 2018
    Days on market: 52
  5. 4 beds, 4 baths
    Home size: 2,615 sq ft
    Lot size: 7,000 sqft
    Year built: 2018
    Days on market: 104

See all Current homes for sale in 90278 zip code.
(all data current as of 12/10/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Is $1.2M the New Normal for New Construction 2 on a Lot Redondo Townhomes?

By Keith KyleRedondo Beach townhomes

Two new Amir Amiri townhomes hit the market this week in North Redondo Beach at a fairly incredible $1,200,000 price tag.  It wasn’t long ago that we were fairly amazed to see these North Redondo Beach new construction detached townhomes near the $1.0M mark but that sounds like a bargain just 18 months later.  The most recent closed sales priced at $1.050M with the latest listings priced at $1.2M.  These two on a lot townhomes n both North and South Redondo have continually increased in value over the past 2 years and has created high demand from builders for larger lots with smaller or tear down type homes.

  1. 4 beds, 4 baths
    Home size: 2,065 sq ft
    Lot size: 7,501 sqft
    Year built: 2018
    Days on market: 7
  2. 4 beds, 4 baths
    Home size: 2,476 sq ft
    Lot size: 7,501 sqft
    Year built: 2018
    Days on market: 41
  3. 4 beds, 4 baths
    Home size: 2,500 sq ft
    Lot size: 7,453 sqft
    Year built: 2016
    Days on market: 41
  4. 4 beds, 5 baths
    Home size: 2,650 sq ft
    Lot size: 6,019 sqft
    Year built: 2018
    Days on market: 45
  5. 4 beds, 5 baths
    Home size: 2,951 sq ft
    Lot size: 7,156 sqft
    Year built: 2018
    Days on market: 52

See all Current homes for sale in city of Redondo Beach.
(all data current as of 12/10/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Is $1.0M the New Price Point For New Construction Townhomes?

By Keith KyleGates-Townhomes

With prices rising rapidly in North Redondo Beach, the bar has now apparently been set for new construction 2 on a lot townhomes.  With the recent sales of all 4 units at 2016 and 2018 Gates, all priced at $999,000 the pricing for new construction 4 bedroom townhomes appears to be something unheard of in the past for this neighborhood.  The homes are certainly well done with high end finishes, square footage between 2400 and 2500 square feet, and each having small yards but the general consensus is that hitting the $1.0M price is a very big number for North Redondo townhomes.  Known in the area as “2 on a lot” townhomes they feel more like single family homes than townhomes.  They are completely detached, have direct garage access and private yards.   The property is shared among the 2 owners that comprise of the HOA.  In most cases the agreement between owners is pretty informal and often only insurance and landscaping are shared costs.  Contact us for information on these wonderful alternatives to single family homes or fill in our free listing update form to receive new listings daily.  See below for all of the 2013/14 sales of these 2 on a lot new construction townhomes.

Pending 2018 Gates AV #A  $            999,000 4/3,0,1,0 2508
Pending 2016 Gates AV #B  $            999,000 4/3,0,1,0 2400
Pending 2322 Carnegie LN   $            849,000 4/3,0,0,0 2126
Pending 2016 Gates AV #A  $            999,000 4/4,0,1,0 2400
Pending 1702 Phelan LN   $            819,000 4/2,1,1,0 2110
Sold 2018 Gates AV #B  $            999,000 4/3,0,1,0 2508
Sold 2017 Huntington LN #B  $            984,000 4/3,0,1,0 2612
Sold 2017 Huntington LN #A  $            992,000 4/3,0,1,0 2612

  1. 4 beds, 4 baths
    Home size: 2,065 sq ft
    Lot size: 7,501 sqft
    Year built: 2018
    Days on market: 7
  2. 4 beds, 4 baths
    Home size: 2,476 sq ft
    Lot size: 7,501 sqft
    Year built: 2018
    Days on market: 41
  3. 4 beds, 4 baths
    Home size: 2,500 sq ft
    Lot size: 7,453 sqft
    Year built: 2016
    Days on market: 41
  4. 4 beds, 5 baths
    Home size: 2,951 sq ft
    Lot size: 7,156 sqft
    Year built: 2018
    Days on market: 52
  5. 4 beds, 5 baths
    Home size: 2,883 sq ft
    Lot size: 7,156 sqft
    Year built: 2018
    Days on market: 52

See all Current homes for sale in 90278 zip code.
(all data current as of 12/10/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Upcoming New Construction in Hermosa Beach

Recent news has shown that builder confidence is up and that new construction starts is at a multi-year high. That’s not anythingConstruction new for Hermosa Beach. A quick drive through the Hermosa Beach sand section makes it clear that builders are most definitely building. According to South Bay realtor and Hermosa Beach resident Keith Kyle with South Bay Brokers, “it’s hard not to notice the abundance of projects underway. In some areas there are 3 or 4 new homes being built on the same street. The market has always remained strong during the downturn, but the amount of builders buying older homes shows that confidence in the Hermosa Beach real estate market is very high.”  Much of the new construction is for owner users, but more and more spec projects are taking place as well. Below are some of the projects underway in Hermosa Beach. Prices on most are, as yet, undetermined but many do have some pricing information available. Beyond simply having a new home, the advantage to purchasing new construction when the project is underway is that buyers can often work with the builders in choosing finishes and truly make for a custom home.

2434 Hermosa Ave Single Family
2459 Myrtle Single Family
108 35th Street Single Family
2850 El Oeste Single Family
2418 Myrtle Single Family
504-512 25th Street 2 Single Family or 4 Townhomes
345 33rd Street Single Family
1400 Block Monterey 3 Townhomes
1100 Block Cypress 3 Townhomes
162 Monterey 2 Townhomes
100 Block of Manhattan
Ave
2 Townhomes
1500 Manhattan Ave 2 Townhomes
1515 Manhattan Ave 2 Townhomes
2052 Manhattan Ave Single Family
1160 Cypress 2 Townhomes
533 11th Street 3 Townhomes
1600 Golden 2 Townhomes
1200 Block 9th Street 2 Single Family Homes

No Shortage of New Construction in Hermosa Beach CA

Well it looks like we’re back to a building boom with hardly a block in Hermosa Beach that doesn’t have some type of construction happening. The new construction is focused primarily in the highest value areas of the sand section with multiple new oceanfront homes being built on The Strand with other notable builds taking advantage of ocean view and ocean close lots. With land at such a premium in Hermosa it no surprise that when values rise in the luxury home market the builders start actively seeking lots.Hermosa Beach New Home Construction

The picture above is on the corner of 26th Street and Myrtle in the Hermosa Beach sand section with 3 different homes, all under constructions with different developers/builders.  Real estate in Manhattan Beach is following a very same trend.  View new construction homes in Hermosa Beach

2666 The Strand

2666 The Strand – Oceanfront New Construction in Hermosa Beach