Oceanfront Estate in the Hollywood Riviera Returns to Market Once Again

Back on the market once again, 433 Paseo De La Playa has returned with a new price. For those looking for a legacy type property this checks a lot of boxes and would be very hard to duplicate. We’ve mentioned this home many times in the past as it’s been on and off the market since 2014.

This one is all about location and possibilities as it’s a massive almost 7,800 foot home with approved plans to add another 2,000+ square feet. This ornate estate sits on a huge 26,580 foot lot that extends down the hillside to the beach below. In our opinion this is one of the best locations in all of the South Bay as it combines stunning views, direct beach access and privacy you just don’t find in most other beachfront locations in Southern California. The home has struggled to sell for a number of reasons but with the new price and the incredible market we envision it selling this time. Due to the lot size this is a true estate type home with a gated entry, sports court, oceanfront pool, grand staircase, 4 car garage.

As mentioned the home has been on and off the market for a very long time. It hit the market in 2014 (had sold in 2012) at a then over the top $16M. It was listed and relisted several times from 2014-2018 at similar price points. The home was relisted once agai at $14.9M in 2018 and then eventually at $14.5M and pulled off of the market at the beginning of this year.

Home and Property Info

    • 7 bedrooms
    • 7 bathrooms
    • 7,792 square feet (BTV)
    • 26,580 oceanfront lot
    • Priced at $12,900,000
    • Listied by Mark Dessy – Premier Property Solutions 310-378-0488

Contact Redondo Beach real estate specialist Keith Kyle with Vista Sotheby’s International for more information

433 Paseo De La Playa, Redondo Beach – Listed for $12,900,000

Paseo De La Playa homes for sale

Two Big Oceanfront Home Sales in the Hollywood Riviera on Paseo De La Playa

By Keith KyleSouth Redondo homes

Monthly home sales median prices can often be skewed by a few big numbers and October will certainly reflect that with two homes selling on the oceanfront street of Paseo De La Playa in the Hollywood Riviera.

The first sale was located at 406 Paseo De La Playa which is actually the non ocean front side of the street, but due to it’ location there are no homes on thewest side of the street and most of the ocean views are unblocked and panoramic.  The home was a very nice contemporary/modern design with large windows to allow for floor to ceiling views.  With 4 bedrooms and 3 1/2 baths the home sold for a sizable $3.380,000 which is a number not generally seen on the east side of the street.

ML#:   SB14186042 
Property Type Single Family Home
Price:   $3,380,000 
Price Per Sqft:   $946.78 
Square Feet 3570
Lot Size   6725 sq ft
Bedrooms:   4 
Baths:  3.5

The second home was located oceanfront at 605 Paseo De La Playa and sold for a sizable $4,300,000.  The home was a very original condition 1962 built home and for all intents and purposes this was a lot sale which sets a new price point for lot value in this highly sought after strip of land.  The homes on this side of the
street have enormous lots over 20,000 feet but much of the land is a fairly unusable cliff/bluff.  They were originally on leased land but many of the homeowners have bought out the lease at one point or another.   One of the appealing aspects of this home was that it had a trail leading down to the beach and water which is fairly unique and almost impossible to do these days due to stringent restrictions by the California Coastal Commission.

ML#:   PV14177338 
Property Type Single Family Home
Sales Price   $4,300,000 
Price Per Sqft:   $1,352.63 
Square Feet 3179
Lot Size   21,739 sq feet
Bedrooms:   4 
Bath:  3

There is currently two additional oceanfront home on the market and actively for sale.   The first is  located at 617 Paseo De La Playa, Redondo Beach CA 90277.  As with most of the homes along Paseo, it’s been updated but still somewhat original.  Offering unbelievable views this will certainly be someone’s coastal dream house.

The second home is a palatial estate offering 7 bedrooms, 7 baths, over 7000 feet of living space on an almost 26,000 foot oceanfront lot.   The home is located at 433 Paseo De La Playa.

 

Paseo De La Playa homes

For the special buyer….oceanfront estate at 433 Paseo De La Playa

Oceanfront home on Paseo De La Playa in the Hollywood Riviera

This is a unique home for a unique buyer.  Located on top of the bluff, sittingPaseo De La Playa homes oceanfront is the  private gated estate at 433 Paseo De La Playa.   Paseo De La Playa is the oceanfront street between Redondo Beach and Palos Verdes.  The home sits on an oversize 25,771 sq foot lot that extends all the way to the beach and has it’s own direct path to the sand.  This home is unique both inside and out with a recent remodel of this 7 bedroom 7700+ square feet.  Exterior features include a fantastic swimming pool with water falls, a spa and a water slide,  a private basketball court and the endless activities on the beach right in front of the home. 4 car garage and enough area to park 10 cars on the property. Interior features include gorgeous stairway leads up to the master suite with incredible ocean views, 5 bedrooms upstairs, downstairs area with a home theatre, pool table room, game room and 2 bedrooms and bathrooms.

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Vista Sotheby's International

Vista Sotheby’s International Realty is one of the top real estate brokerages in the South Bay and Southern California with offices in Redondo Beach and throughout the South Bay

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1801 S Catalina Ave, Redondo Beach, CA 90277

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keith kyle

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Keith Kyle – Licensed Realtor – Vista Sothebys International Realty – DRE#01712785

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