**This post was from 2014 and this home is no longer available**
Located on the bluff in the charming neighborhood of Hollywood Riviera, the new listing at 617 Paseo De La Playa has a view and location that may be second to none. With fantastic coastline views from Palos Verdes to Malibu, the home sits on a huge lot that extends all the way to the sands of Torrance Beach. The home itself has been updated throughout the years but still has a fairly original feel. The home features 4 bedrooms, 2 1/2 baths at 3100+ square feet. From the moment you enter the home you’re absolutely struck by the views. The home came on the market at a fairly hefty $4,495,000 which would be the new high in the area. Formerly a FSBO priced at $4,350,000 the home didn’t sell which wasn’t a surprise given that homes rarely sell as for sale by owner properties. Contact us or call/text at 310-251-2344 for more information.
Hosted by the Redondo Beach Chamber of Commerce & Visitors Bureau, the
Seaside Lagoon Redondo Beach
Redondo Beach Lobster Festival is a great event for the whole family. With activities for the kids, live entertainment for the parents and delicious Maine lobsters for to all, you’re sure to have fun. Plus, there will be arts and crafts booths and other local vendors offering their wares. Tickets are available online at www.lobsterfestival.com.
One of the highly anticipated events of fall is the annual lobster fest held at the Seaside Lagoon in King Harbor. The event is certainly focused on food, and they’re plenty of that, but also has a variety of craft beers, local crafts, music and more. Tickets can be purchased in advance and the admission fee allows you to enter the festival without purchasing lobster meals so you can enjoy the live music, shows, entertainment, vendors, and seaside location overlooking the Redondo Beach Harbor.
Seaside Lagoon
2oo Portofino Way
Redondo Beach, CA
Activities – Some of the various activities and events of the weekend include:
Rat Beach Bike Tour
The Rat Beach Bike Tour, sponsored by the Rotary Club of South Bay, will be held on Saturday, September 27, 2014 with three great rides to choose from, a Metric Century (62 miles), Metric Half Century (31 Miles) and a Metric Quarter Century (15.5 miles), starting from a new location at Seaside Lagoon in Redondo Beach. This year the RAT RIDE is partnering with the Redondo Beach Lobster Festival and will offer riders even more opportunities with free admission into the Lobster Festival for lunch and a huge party at the end of the ride!Stand Up Paddle Board Lessons
Bring Your Bathing Suit on Saturday & Sunday for Stand-Up Paddle Board Lessons!
Kiddie Area
The Kiddie Area will feature a Big Slide! This 45 feet long 12 feet high dual slide is a blast for kids and will be staffed by professionals from Elite Special Events.
Face Painting
Children can get their faces and body parts painted.
Balloon Art
Fun for kids and adults.
Music
Friday 9/26
Barley Legal – 6:00 pm-7:00 pm
Andy & Renee w/ Hard Rain – 7:30- pm-8:30 pm
Pine Mountain Logs – 9:00 pm-11:00 pm
Saturday 9/27
A Certain Groove – 1:00 pm-2:00 pm
Frankly Speaking – 2:30 pm-3:45 pm
The Reflexx – 4:45 pm-6:15 pm
The Knights of Monte Carlo – 7:00 pm-8:30 pm
Surf City All Stars w/David Marks – 9:00 pm-10:30 pm
During a week in which most other South Bay cities are only offering a very limited number of homes to see, the open house schedule for September 20th and 21st in Redondo Beach has plenty to offer….and plenty to tour. This weekend sees more than usual with several advertised open houses. See the list below for Redondo Beach and the South Bay open houses. If you’re seeing this post after the September dates please visit our South Bay open houses site for updated homes for sale and schedules.
July 2014 saw some big numbers in terms of both number of homes sold as well as median prices. Redondo Beach had 97 sold homes at a median price of just under $1,000,000 which is a pretty significant number for this coastal community. Most other South Bay cities also saw some significant year over year increases in prices with the exceptions being Torrance, Marina Del Rey and Playa Del Rey. To see the actual homes sales in each city visit our recent home sales price and information site.
Unfortunately homes becoming available in that range are probably a thing of the past, but there is an option not far and it may even offer attributes that The Strand can’t offer. The area is the Hollywood Rivera (about 10-15 minutes south) and there is a fantastic bluff top street called Paseo De La Playa that offers oceanfront homes, large lots that extend all the way to the beach (some fortunate homes have paths that access the beach directly from the home), and views not only of the beach, but Palos Verdes, the ocean, King Harbor, and coastline views that extend all the way to Malibu.
As of this post, there are 2 oceanfront homes for sale on Paseo De La Playa. The first is currently in escrow located at 605 Paseo De La Playa and is listed for $4,295,000. The second is an off market sale in which the owner is trying to sell it themselves at 617 Paseo De La Playa and the owner is asking $4,350,000.
The homes on Paseo were all originally on leased land with many of the former owners buying out the leases in the past and are now owned free and clear. Built in the 60’s and 70’s some of the homes are fairly original while many have been extensively remodeled.
Why South Redondo Homes Cost More than North Redondo Homes
For buyers (and sometimes even sellers) unfamiliar with the differences in local market in the South Bay, Redondo Beach is just one single real estate market. In reality the differences between neighborhoods can be significant and home values and prices show a clear distinction between similar homes in North Redondo and South Redondo. The city has a number of distinctive neighborhoods but the main sections are broken into North and South and the dividing line is basically 190th Street. North Redondo is quite a bit less expensive due to the location as it sits behind Hermosa and Manhattan Beach so there are no homes with ocean views and the feel of the area is different as it’s not along the water. South Redondo ends at the beach and the ocean to the west and has a unique beach charm and homes often have great views. The recent listings and sales of very similar homes, both in terms of style, layout, size and new construction, make clear the differences in values.
Below is a map showing the general layout, location and dividing lines between north and south Redondo Beach
Areas 151-154 are North Redondo and 155-157 are South Redondo