Homes we love – 605 Esplanade – Oceanfront Charmer

By Keith Kyle

As realtors are people to we have our biases and preferences like everyone else.  I’m partial to beach bungalows that capture that original charm of our wonderful coastal community.  Many of these homes have been torn down with mini mansions replacing them and that’s the unfortunate reality of land value being so unbelievable.

**This home has sold** Visit our Esplanade and Redondo Beach oceanfront homes site to see current oceanfront homes for sale.

One of my favorite stretches of homes is a block of the Esplanade, Redondo Beach’s oceanfront address.  The majority of the homes along this street are larger condo complexes or townhomes but a few, original single family homes still exist.  605 Esplanade is one of them and evokes thoughts of idyllic Cape Cod living.  Sitting on the bluff, this home offers stunning oceanfront views with crashing waves and dazzling sunsets.  Unlike homes on The Strand in Manhattan and Hermosa Beach, what this home offers is space and an actual yard.  It certainly could use some cosmetic updates but we hope that someone will embrace the coastal charm and make this their oceanfront dream house.  Contact us for a private showing.

610 The Village ocean views

The Village In Redondo Beach Real Estate Market Update

The real estate market in The Village, oceanview condos in South Redondo Beach, just couldn’t be hotter!  One bedroom homes have skyrocketed in value in just the past few months.  See the recent postcard to the sellers and homeowner in The Village.  The Village is a collection of condos and townhomes offering studio, 1 bedroom and 2 bedroom units, many with great views and all located just walking distance to the beach and the Redondo Beach Pier.

Current Village and Seascape Condos and Townhomes for Sale

And then there were 4 – New Listings on the Ocean Front Street of Paseo De La Playa

In this market with very low inventory and many homes selling the minute that they hit the market, it’s very unusual to see 4 homes for sale on the most sought after street in the Hollywood Riviera.

The 4 homes for sale sit on the oceanfront street of Paseo De La Playa, just above Torrance Beach.  Many residents know the street as it offers great views and is a favorite of cyclists heading up to Palos Verdes.  2 of the homes, the palatial gated estate located at 433 Paseo De La Playa, and 617 Paseo De La Playa are on the west side of the street meaning unblocked and unblockable views of the ocean, Palos Verdes, and the coastline all the way to Malibu.  The primary reason they are still available is the pricetag with the sellers asking $16,000,000 for the home at 433 and the the home at 617 listed for $4,495,000 which is considerably higher than the most recent sales of similar homes.

The remaining 2 homes are fairly new to the market as of January 6th.  Both sit on the east side of the street so they offer minimal coastline views but are still ideally located with a short walk or bike ride to the beach and the Riviera Village.  The home at 630 Paseo De La Playa is a rather pricey $1,888,888 for 1325 square feet and minimal views.  It’s market as a potential site for a 2 story dream home but as the home is in the Torrance hillside overlay area that might be a very tall task.  The home for sale at 528 Paseo De La Playa is a bit more appropriately priced with almost 1800 square feet.

 

565 Esplanade - Surfrider views

Where Have all the Ocean Front and Ocean View Condos Gone?

Although the housing inventory has been low in Redondo Beach for almost 2 years now, the market for and ocean view Village condos is almost non-existent. Popular condo complexes such as The Village, the Seascape buildings, and various oceanfront buildings on the Esplanade are nowhere near the normal inventory levels. According to realtor Keith Kyle, “It’s really been months since there’s been anything new. There are currently a few places that have been on the market for some time now, but the few new listings, if priced anywhere near where they should be, disappear quickly.”

“These homes offer the iconic South Bay beach lifestyle and are are highly sought after, often by professionals that travel extensively, local retired or semi-retired people looking for that vacation beach feel, or those priced out of nearby townhomes and single family homes.”

The inventory has continued to drop to nearly a trickle with only 2 condos on the market as of this writing.  Both are in the Seascape buildings behind King Harbor and the Redondo Pier area.  The homes often offer the real feel of living on vacation as many have great views and some offer terrific amenities.

 

oceanfront homes in Palos Verdes CA

Sold! Spectacular oceanfront home at 4020 Bluff

4020 Bluff Place, San Pedro CA

**this beautiful home sold in 2014 and is no longer available.  Visit South Bay Oceanfront to see all of the current oceanfront homes for sale from Long Beach to Malibu.

To view other oceanfront homes in Southern California visit our beachfront and oceanfront real estate information.  Located at 4020 Bluff Place on the Palos Verdes Peninsula in the city of San Pedro, this magnificent oceanfront home is perched on the bluffs high above the Pacific Ocean and Cabrillo Beach.  For the buyer priced out of the Strand in Manhattan Beach, or the cliffs of Palos Verdes this is an incredible opportunity at a fraction of the cost.  Compare this to oceanfront prices starting at $5.0M in Palos Verdes,  $4.5M price in Redondo Beach, and  $13.0M in Hermosa and Manhattan Beach.  The dynamic views are completely unobstructed and extend to Dana Point and even north San Diego on especially clear days. The surf is literally in your backyard where you’ll hear the crashing waves, watch as kite surfers an sailboats ply the waters and enjoy the harbor lights in the evening.

Visit South Bay and Southern California oceanfront homes  for more information and additional photos.

The beautiful custom home was built in 2000 and was extensively remodeled  in 2011. It is one of a kind and offers the feel of a luxury hotel….with unparalleled views.  Surrounded by mature landscaping and a very limited number of neighboring properties, the home affords a sense of privacy and seclusion not often found in the South Bay.  The ground floor offers a spacious and open floor plan with lovely new hardwood floors, marble fireplace, and spacious living and dining rooms…all with spectacular views. The open kitchen has all new stainless steel appliances, custom white wash cabinets, and new Italian marble countertops. The 30 foot wide floor to ceiling sliding glass doors open onto the expansive entertainment deck and the ocean beyond.  The ground floor also offers a sizable bedroom with it’s own bathroom which is perfect for guest or owners needing a ground floor bedroom.  The entire second floor is divided into two huge, finely appointed master suites with a kitchenette in between.   Imagine being greeted every morning with an ocean view that will leave you breathless.  The upper floor also enjoys an oversized balcony perfect for sitting and relaxing.  With over 1000 sq ft of decks enjoy one of the most beautiful stretches of So Cal coastline!  Cabrillo Beach is in full view and just a short walk from the house.

Call or text listing agent Keith Kyle for information or a private showing.  310-251-2344 & Keith@KeithKyleHomes.com

Home Details:

  • Priced at $1,875,000
  • 3 bedrooms, 3 baths
  • Built in 2000
  • 2,389 square feet
  • 8,912 foot lot
  • 2 car garage

 

Redondo Beach realtor Keith KyleKeith Kyle – Realtor

Vista Sotheby’s  Top Producer
310-251-2344, 310-546-7611 x366 (office)
Keith@KeithKyleHomes.com
2501 N Sepulveda, Manhattan Beach, CA 90266

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.

 

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

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