We haven’t seen a two bedroom for sale at 615 Esplanade, also knows at the Sand Castle, in quite a while. Take a look at this new condo for sale in South Redondo Beach.
Click any MLS number above for details and photos of the home.
**The listings above may be represented by other realtors. We are providing this information as a service to our clients.
**Update** This studio condo sold in 2019 for $480,000.
This unique opportunity in The Village of Redondo Beach may be your way to buy in this iconic coastal city. This studio condo at 610 The Village #302 in SouthRedondo 90277 just fell out of escrow due to issues with the buyers. Their loss may be your gain. This is the lowest priced home in all of Redondo Beach and the only property for sale below $500,000! This could be your transition from renter to owner, a great investment property (last studio in the Village rented for $2,000 a month), the perfect second home or more. Contact listing agent Keith Kyle for more information on this great opportunity to own your piece of Redondo Beach.
Details:
There is an abundance of oceanfront homes and condos on the market on the Redondo Beach Esplanade. If you picture yourself living on the ocean with endless views, now may be your opportunity.
Current Properties for Sale on the Esplanade
The Hollywood Riviera consists primarily of single family homes with a few condoand townhome options. One of the largest condo complexes is Cote D’Azure perched in a spectacular oceanfront location. Sitting on the highest spot of the spectacular street Paseo De La Playa, the complex resides among multi million dollar homes and just up the street from a home that recently broke the record for the highest priced on market residential sale in the South Bay.
The complex features 4 rectangular buildings with 3 floor and units on both sides of the buildings. All of the homes are single level condos and are situated around a very nice ocean view pool area. There are very few units directly facing the ocean but many have great views from somewhat of an angle. The buildings themselves feel a bit dated with long hallways and a somewhat industrial look, but the units generally offer great light, loads of windows and many have been beautifully updated.
Although the grounds aren’t overdeveloped the location is simply incredible. Perched high on Paseo De La Playa the views are stunning with PV to the left, the ocean straight in front and a view of the coastline to the right.
The condos are 2 bedroom 2 bath with square footage generally a bit below and above 1,400. Prices range considerably depending on both upgrades and especially views. HOA dues are currently (as of 11/1/23) around $715 a month.
Want to know about new listings in Cote D’ Azur? Tell us a bit about your search (specify this location) and we’ll send you updates whenever a new listing in the complex becomes available.
The one bedroom Village condos in Redondo Beach are a great indicator of
the South Redondo real estate market over time as the units are all the same size and configuration. The ocean views make a big difference as well as the floor it’s on, but in general the units are pretty similar. Therefore the changes in values year over year make for a good indication of the direction the market is heading. See below for information on the sales so far in 2018 and how they compare with 2017 and 2016. It indicates while prices are still high the market is softening with a smaller increase in values from 2017 as well as a longer average days on market.
As of September 10th, 2018 has seen 5 one bedroom condos sold at a median price of $630,000 and an average price of $628,000. That averaged out to around $1,015 a square foot for the year. Another important number was the average days on market for 2017 which was 35.
| Address | Price | $/Sqft | |
| 650 | The Village #211 | $ 600,000 | 969 |
| 610 | The Village #311 | $ 645,000 | 1042 |
| 610 | The Village #315 | $ 630,000 | 1018 |
| 620 | The Village #108 | $ 610,000 | 985 |
| 650 | The Village #108 | $ 655,000 | 1058 |
2017
In 2017 8 one bedroom condos sold at a median price of $615,000 and an average price of $621,000. That averaged out to around $993 a square foot for the year. Another important number was the average days on market for 2017 which was 19.
| Address | Price | $/Sqft | |
| 650 | The Village #214 | $ 590,000 | 953 |
| 630 | The Village #311 | $ 615,000 | 994 |
| 620 | The Village #107 | $ 615,000 | 994 |
| 660 | The Village #108 | $ 594,000 | 960 |
| 630 | The Village #211 | $ 635,000 | 1026 |
| 610 | The Village #311 | $ 670,000 | 1082 |
| 650 | The Village #212 | $ 650,000 | 1050 |
| 630 | The Village #210 | $ 599,000 | 968 |
In 2016 10 one bedroom condos sold at a median price of $552,550 and an average price of $557,800. That averaged out to around $900 a square foot for the year. Another important number was the average days on market for 2016 which was 29.
| Address | Price | $/Sqft | |
| 650 | The Village #210 | $ 545,000 | 880 |
| 630 | The Village #207 | $ 550,000 | 889 |
| 660 | The Village #309 | $ 600,500 | 970 |
| 650 | The Village #104 | $ 520,000 | 840 |
| 640 | The Village #312 | $ 590,000 | 953 |
| 630 | The Village #109 | $ 520,000 | 840 |
| 660 | The Village #310 | $ 570,000 | 921 |
| 620 | The Village #206 | $ 545,000 | 880 |
| 630 | The Village #204 | $ 555,000 | 897 |
| 630 | The Village #115 | $ 582,500 | 941 |
***Please note that this post was from 2018 and this was pulled off of the market**
Without question the highest priced home currently on the market is the oceanfront home located at 709 Esplanade in South Redondo Beach. While there are numerous condo complexes on the Esplanade there are only a very small number of single family homes along Redondo’s waterfront street. 709 Esplanade is pretty unique in just about every way. While the location is the primary selling point the home is absolutely huge offering somewhere between 8,800 and 9,200 square feet. The home features 5 bedrooms and 6 bathrooms, many of which enjoy incredible and unblockable views. With 51 feet of ocean frontage this home is rare indeed.
The home has been on the market for almost 5 months and has an interesting history on the market. It was on the market back in 2012 at $10,000,000 but was absolutely not the home it is today. Picture almost 10,000 feet of pink tile and that pretty much sums up what it was like. They struggled to sell and after many price drops and several realtors it finally sold at $6,350,000 in 2015.
The current owners did an extensive remodel of just about every surface to get it up to it’s current updated and clean look. Being so unique they’re also searching for a unique buyer that can afford the price tag and wants a massive home in an area that a home half it’s size would be considered massive. They’ve had one price reduction from the original $14,200,000 and it’s currently listed at $13,700,000 by Ed Kaminsky of Christies Strand Hill.
