The High Sale of the Year in Redondo…..No Suprise It’s an Oceanfront Home
717 Esplanade Redondo Beach - Sold for $9,675,000
Not that it’s a surprise to anyone, but the most expensive home sale in Redondo Beach in 2020 was right on the beach. The oceanfront home at 717 Esplanade was a staple of the beachfront real estate market and it felt like it was always on the market….and that’s because it was. Originally listed in 2013 at $14,250,000, the home had years of price reductions and realtor changes. It’s a spectacular house and there’s just not much, if anything, like it…but the reality was it was priced way too high for Redondo Beach. After years of price reductions the one that finally worked was a price of $9,975,000 back in July of 2019. It took a while but it went into escrow in January 2020 and closed in February. The home offered 4 bedrooms, 6 1/2 baths and an incredible 7,000+ square feet. The sales price was $9,675,000.
717 Esplanade, Redondo Beach CA 90277
Listing courtesy of Chris Adlam – Vista Sotheby’s International
oceanfront building is certainly bucking the trend. The Ocean Plaza, at 531 Esplanade in South Redondo Beach currently has 5 condos for sale…all with great ocean views. Although the building sits ocean front, the bulk of the condos are on the side and the views can vary depending on the floor and how far east in the building the home sits. Generally the higher the floor and higher the unit number the better. See a 