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.

1729 Harriman Lane #A, Redondo Beach, CA 90278 (MLS # SB17280661)

(all data current as of 2/19/2018)
Price $1,509,000
Beds 4
Baths 4 baths
Home size 2,551 sq ft
Lot Size 6,299 sqft
Days on Market 27
Status Active
Truly a stunning new contemporary reverse floor plan townhome. Open, bright floor plan complimented with all the finest designer touches. Entry level welcomes you to the foyer and includes 2 bedrooms with a full bathroom, laundry room and direct access to garage. Upon arrival to the main level you will be delighted by the designer kitchen equipped with Viking appliances and separate full functional prep island. In keeping with the open concept from the kitchen you can partake in the festivities of the dining room and living room with fireplace and adjacent spacious balcony for entertaining. Also on the main level is the Master Bedrooom with private bathroom to include dual sinks, private water closet, designer soaking bathtub and a to die for closet with bonus storage area. Finally on the 3rd level the 4th bedroom with full a private bathroom can be found with a private deck. This townhome found on a quiet cul de sac is simply awaiting your arrival. See you there . . . .

Property Type(s): Condo/Townhouse/Co-Op

Last Updated 2/8/2018 Tract
Year Built 2018 Community 152 - N Redondo Bch/Villas Sou
Garage Spaces 2.0 County Los Angeles
Total Parking n/a

Price History

Prior to Jan 25, '18 $1,499,000
Jan 25, '18 - Today $1,509,000

Schools

School District Redondo Unified

Additional Details

Lot 6300 sq ft Area 152 - N Redondo Bch/Villas Sou
HOA Dues 200.00 | Monthly Parking Spaces: 2.00
Pool Description None Stories 3
Utilities Cable Available,Phone Available,Sewer Connected,Water Connected View Description Neighborhood
Water Public

Features

Air None
Amenities Dues Paid Monthly, Insurance
Appliances Convection Oven, Dishwasher, Energy Star Appliances, Garbage Disposal, Gas, Gas Oven
Basement Foundation: Slab
Exterior Rain Gutters
Fireplace Yes
Garage Built-In Storage, Direct Garage Access, Driveway - C, Yes
Heat Central Furnace, Energy S, Forced Air
Interior 2 Staircases, Balcony, Built-Ins, Ceiling Fan, Copper Plumbing Full, Crown Moldings, High Ceilings (9 Feet+), Home Automation System, Intercom, Living Room Balcony, Open Floor Plan, Pantry, Recessed Lighting, Storage Space, Unfurnished
Lot Description Front Yard, Landscaped, Lawn, Level with Street, Lot Shape-Rectangular, Lot-Level/Flat, Misting System, Park Nearby, Paved, Sprinklers Drip System, Sprinklers In Front, Sprinklers Timer, Yard
Style Contemporary
View Yes

Location

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

Listing provided by : Debbie Lynn Setting CalBRE:01900371, Classic Design Properties

(view all details for MLS #SB17280661)

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: 2,500 sq ft
    Lot size: 7,499 sqft
    Year built: 2018
    Days on market: 1
  2. 4 beds, 4 baths
    Home size: 2,500 sq ft
    Lot size: 7,499 sqft
    Year built: 2018
    Days on market: 1
  3. 4 beds, 4 baths
    Home size: 2,446 sq ft
    Lot size: 7,499 sqft
    Year built: 2018
    Days on market: 6
  4. 4 beds, 4 baths
    Home size: 2,557 sq ft
    Lot size: 6,299 sqft
    Year built: 2018
    Days on market: 27
  5. 4 beds, 4 baths
    Home size: 2,551 sq ft
    Lot size: 6,299 sqft
    Year built: 2018
    Days on market: 27

See all Current homes for sale in 90278 zip code.
(all data current as of 2/19/2018)

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

Almost No New Construction Homes in Redondo Beach

When the housing bubble burst, new construction homes became almost non-existent with builders barely able to complete and sell the homes that they had in mid construction.  With the market picking up considerably in 2012 builders once again starting building and there have been a number of projects in Redondo Beach.  Although dramatically down from the peak days of 2006, there has been a fairly consitent level of new contruction inventory, but with the current market in which there are ample buyers and few sellers, that supply has become a trickle.   New construction homes for sale  in Redondo Beach are almost non-existent with only 2 projects actively for sale on the North Redondo Beach MLS and another 2 active listings in South Redondo.  This may reflect more on the overall market and the dramatically reduced inventory as even uncompleted projects often seem to have eager buyers wanting to pet together an offer.

North Redondo New Construction

ML# Status Type   Address Area Type  Price  Br/Ba Sq Ft DOM/CDOM
V12118626 Active SFR/D 2620 Robinson ST  151 STD  $      1,179,000 5/4,0,0,0 2920 66/66
SB12132152 Active TWNHS/A 1921 Grant AV #B 152 STD  $         719,000 4/3,0,0,0 1800 33/33
V12123898 B TWNHS/D 1903 Plant AV  151 STD  $         869,000 4/3,0,1,0 2178 53/53
S12124000 B CONDO/D 1905 Plant AV #A 151 STD  $         869,000 4/2,0,1,0 2330 53/53
SB12132597 B CONDO/D 1905 Plant AV #B 151 STD  $         869,000 4/2,0,1,0 2330 32/32
S12115711 B CONDO/D 2110 Rindge LN  151 STD  $         889,000 4/3,0,0,0 2445 77/77
PV12133509 B SFR/D 2622 Robinson ST  151 STD  $     1,195,000 4/4,1,0,0 2920 30/162
SB12132552 B CONDO 1909 spreckels #B 152 STD  $         879,000 4/3,0,1,0 2459 32/32
PV12138309 B TWNHS/D 2011 Belmont LN #B 152 STD  $         889,000 4/3,0,1,0 2600 18/18
V12123906 P TWNHS/D 2906 Aviation PL  151 STD  $         929,000 4/3,0,1,0 2624 47/47
PV12138302 P TWNHS/D 2011 Belmont LN #A 152 STD  $         889,000 4/3,0,1,0 2600  

Below is the most recent activity in South Redondo Beach

ML# S Type   Address Area Type  Price  Br/Ba Sq ft DOM/CDOM
V12125660 A TWNHS/D 110 Helberta AV #B 155 STD  $            899,000 3/2,0,1,0 1879 48/48
S12122561 A SFR/A 126 Prospect AV  155 STD  $        1,299,000 5/4,0,1,0 4800 55/55
V12103870 B SFR/D 2321 Ralston LN  153 STD  $        1,339,900 4/3,0,0,0 3421 100/257
V12021579 B TWNHS/D 505 Lucia AV #B 155 STD  $            929,000 3/3,0,1,0 2224 284/284
V12094408 P TWNHS/D 110 Helberta AV #A 155 STD  $            899,000 3/2,0,1,0 2044 73/73
S12111092 P SFR/A 407 Pearl ST  156 STD  $        1,050,000 3/2,1,0,0 1956 62/62
SB12140370 P SFR/D 546 Helberta AV  156 STD  $        2,195,000 5/3,1,2,0 4077  
S12111042 P TWNHS/A 311 Topaz  157 STD  $        1,379,000 5/2,2,0,0 3011 34/34
S12111059 P TWNHS/A 623 Elvira  157 STD  $        1,500,000 4/3,0,1,0 3505 0/0