New Golden Hills Listing One of the Most Expensive Ever at $1,849,000

1620 Spyer Lane - Golden Hills SFR Priced at $1,849,000

The recent addition to the market of the home at 1620 Speyer Lane brings to  market one of the highest priced listings ever in this small neighborhood in Redondo Beach.  The Golden Hills is basically a small strip of homes just east of Hermosa Beach and south of Manhattan  Beach.  Prices have gone pretty crazy in the past few years but this newest listing will definitely move the goalposts a bit if it sells at or  near this price.  The home is unique in many ways for the area, although it’s not new construction and anything that has sold above this has been new or newer and usually larger lots.  The home itself sits on an oversized 3,500+ sq foot lot (most homes are on 25 x 100 foot lots) making for a different  layout and outdoor spaces than you get in other “tall and skinny” single family homes of the area.  It’s also quite  a bit bigger than most with over 2,700 square feet.  Even with the additional square footage this is going to be a big number at $1,849,000 and would be the 5th highest  priced home ever.  Read more about the pros and cons  of the Golden Hills of  Redondo Beach.

 

Search the current Golden Hills homes for sale in Redondo Beach

1620 Speyer Lane, Redondo Beach 90278 – Priced at $1,849,000

$1,245,000 for an 1,880 sq foot Tall & Skinny in the Golden Hills? WOW

It looks like the market in the Golden Hills of Redondo Beach may not have peaked just yet if the home at 1809 Goodman is any indication.  Listed at $1,249,000 and closing at $1,245,000.  This appears to be a new record high sales price for anything of that size built prior to 2005.

View the current homes for sale in the Golden Hills of Redondo Beach

The home was beautifully remodeled with a warm coastal feel and just about every aspect had been converted from it’s original 1983 built finishes.  Although relatively close to busier Artesia Boulevard, the home was across from a very rare open area and enjoyed tree top views most wouldn’t think possible in the neighborhood.

The only recent sale similar in age and price was located at 1411 Clark and sold at $1,235,000 back in August.  The average home price for similar homes with 1750-1950 sq feet and built before 2000 was $1,150,000 for 2018.

Just Sold in the Golden Hills – 1108 Harper, Redondo Beach

**Update***This home sold in 2018.  Please visit our Golden Hills Redondo Beach real estate and MLS listings page for the current homes for sale. 

This is not your typical Golden Hills home. Offering a unique and open layout with soaring ceilings, 3rd floor mezzanine/office overlooking the living room & private roof deck with panoramic city and mountain views, this beautiful home has features rarely seen in Redondo. Located in the highly sought after Jefferson elementary district and just steps from Hermosa Beach, 1108 Harper offers an open layout with all of the bells and whistles of newer construction.

  • Priced at $1,399,000
  • 2,160 Square Feet
  • Built in 2010
  • 3 Bed + Office, 3 Bath
  • Rooftop deck, master bedroom balcony, private backyard patio

Extra high living room windows with western exposure bathes the large living room in natural light. The main level features solid hickory, distressed hardwood floors, gas fireplace, recessed lights, & gourmet kitchen with granite counters, stainless appliances, 6 burner stove, & ample cabinet and counter space. The open floorplan and high ceilings adds to the sense of space and light. The spacious master suite offers a corner fireplace, private balcony, large windows, walk in closets and the luxurious bath features a spa tub, separate shower, dual sinks & more. First floor offers 2 large bedrooms and direct access to the private and tranquil backyard patio. What make the home truly unique is the very large 3rd floor mezzanine perfect for a playroom, office, den & more. Off of the mezzanine sits a private roof deck perfect for evening sunsets with panoramic city views. At almost 2200 feet this home offers far more space than your traditional Golden Hills home and is awaiting it’s new owner to make it their own.  Contact listing agent Keith Kyle with Vista Sotheby’s International Realty for more information or a private tour.

No Shortage of $1.0M+ Homes in the Golden Hills of Redondo Beach

By Keith Kyle

The Golden Hills of Redondo Beach was always the most affordable way of owning a good sized single family home.  Prices over $1,000,000 were rare and were saved for really special homes.  That’s all changed and sales of well over $1,000,000 are becoming commonplace.  Since December of 2015 there have been 10 homes that have come on the market above $1.0M.  The demand for the neighborhood remains very high and with most homes offering about 1850 square feet, buyers are still eager to purchase the larger or newer homes in the area.

Golden_Hills_Homes_Over_$1,000,000

Current homes for sale over $1,000,000 in the Golden Hills

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See all Real estate matching your search.
(all data current as of 10/16/2021)

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

 
 

February 2015 Home Sales in North Redondo Beach

By Keith KyleTop-Deck-Umbrella-small

Redondo Beach saw another month of increased home prices and a lower number of home sales in February of 2014.   The lowest price sale was a townhome style condo at 2012 Carnegie Lane that sold for $495,000 while the highest price sale was a townhome at 1800 Pullman that sold for $1,290,000.  The home was built in 2010 and was over 3200 square feet.  To see the homes that sold in February visit our South Bay monthly home sales information page.

ML# Type   Address  Price  Br/Ba Year Sq Feet Days on Mkt
SB15009329 SFR/D 1918 Farrell AV  $ 1,000,000 3/1,2,0,0 1981/ASR 2037/A 42129
SB15017524 SFR/D 1719 Reed ST  $ 1,225,000 4/2,0,1,0 2001/ASR 2067/A 18/18
SB14221719 TWNHS/D 1800 Pullman LN  $ 1,290,000 5/4,0,0,0 2010/BLD 3213/B 49/49
SB15009419 CONDO/A 2012 Carnegie LN #B  $ 495,000 2/2,0,0,0 1979/ASR 1200/A 1/141
SB15006637 TWNHS/A 1911 Rockefeller LN #F  $ 545,000 2/1,0,1,1 1977/ASR 1258/A 24/24
14799525 TWNHS 2405 Inglewood AV  $ 580,000 4/2,1,0,0 1987 1758/A 59/59
14812439 CONDO 519 Meyer LN #49  $ 599,000 2/2,0,1,0 1979 1464 41/41
SB14101711 SFR/D 2321 Vanderbilt LN  $ 605,000 2/1,0,0,0 1948/ASR 1478/A 169/169
PV14241288 TWNHS/A 2603 Vanderbilt LN #2  $ 630,000 3/2,0,0,0 1988/ASR 1589/A 70/83
SB15001794 TWNHS/A 1903 Grant AV #B  $ 702,000 3/2,0,1,0 1989/ASR 1702/A 42320
SB15021777 TWNHS/D 2019 Havemeyer LN #A  $ 725,000 3/2,0,1,0 1980/ASR 1822/A 0/0
SB14249882 SFR/D 2614 Huntington LN  $ 746,500 4/2,0,0,0 1952/ASR 1325/A 49/49
PV15000717 TWNHS/A 1804 Vanderbilt LN #B  $ 750,000 4/3,0,0,0 2010/ASR 1710/A 29/29
SB15004163 TWNHS/A 2210 Huntington LN #B  $ 760,000 3/2,0,1,0 1983/ASR 2219/T 42256
SB14262001 TWNHS/D 2004 Huntington LN #A  $ 814,000 4/2,0,1,0 1991/ASR 2237/S 42319
SB14210660 SFR/D 2640 Beland BL  $ 825,000 3/2,0,1,0 1987/ASR 2986/A 149/149
PV14262804 TWNHS/A 2207 Rockefeller LN #A  $ 844,000 4/3,0,0,0 2015/BLD 1992/B 42005
SB15008765 SFR/D 1520 Stanford AV  $ 850,000 4/1,1,1,0 1964/ASR 1653/A 42161
SB15002791 TWNHS/A 2510 Huntington LN #A  $ 860,000 4/3,0,1,0 1990/ASR 2362/A 21976
PV15003845 TWNHS/A 2120 Clark LN #A  $ 866,000 4/2,0,1,0 1990/ASR 2547 22/22
PW15006305 TWNHS/D 2102 Clark LN #A  $ 880,000 5/3,0,0,0 1986/ASR 2947/A 49/194
PV15017586 SFR/D 2413 Clark LN  $ 890,000 3/1,0,0,0 1952/ASR 995/A 0/0
SB15010259 SFR/D 1607 Steinhart AV  $ 926,500 3/2,0,0,0 1948/ASR 1270/A 42192
SB14237531 TWNHS/D 1919 Ruhland AV #A  $ 990,000 4/3,0,0,0 1998/ASR 3044/B 73/73
SB14260717 TWNHS/A 2211 Mathews AV #C  $ 754,000 3/2,0,1,0 2007/ASR 1850/B 18810

Pros and Cons of the Golden Hills in Redondo Beach

As many of my clients are from out of the area or out of state, they seem to have a notion that the South Bay is simply one big city and there Golden-Hillsaren’t all that many differences between Manhattan BeachHermosa Beach and Redondo Beach.  The reality is that even within these cities the individual neighborhoods vary quite a bit.  Due to the sheer size of the city, Redondo Beach is one of the more varied communities in the South Bay in terms of types of housing, size and age, and price.

The area just east of Hermosa and just South of Manhattan (see Golden Hills Map)is a hilly section of Redondo Beach known as the Golden Hills.  Knowing the areas pros and cons is an important step in determining whether the Golden Hills is the right area for you.  The homes in the area have a not entirely flattering nickname and are called “tall and skinnies”.  Drive down any street in the area and you’ll see why.  When the homes were originally built the area was subdivided into 25×100 foot lots.  With no alleys in the rear, this means that the frontage of the home required a 2 car garage and as you’ll notice, the homes look somewhat similar.  So here’s the pros and cons of the area.

Pros:

  1. You get a bigger house for a lower price.  Many of the homes in the area are in the 1700+ square foot range with spacious living rooms, open kitchens and good sized bedrooms.
  2. Prices for these 1700+ square foot houses generally start in the high $600k range and newer, larger homes can sell for over $1,000,000.
  3. Location is excellent.  Being just east of Hermosa Beach, means that the Golden Hills is very close to the beach.  Saying it’s a walk or bike ride is a bit of a reach, but it’s not far off.  Being this close to the beach means cooler summers and warmer winters……and who doesn’t like that.
  4. Upgrades.  Many of the homes in the area have been very nicely upgraded and well taken care of.  Those that haven’t can be purchased for an even greater discount.
  5. Price.  Look just west in Hermosa and the price jumps considerably.  Try to find a home this size in other parts of Redondo and expect to pay $100k more.

Cons:

  1. The biggest complaint that I get to the area is the bedroom configuration.  With a 25 foot wide lot there’s only so many options the original builders had.  The general layout is living room (often with vaulted ceilings), kitchen and master bedroom upstairs, and garage and 2 bedrooms downstairs.  The master on one level with the other bedrooms downstairs is often an obstacle with families with small kids or expectant parents.
  2. Proximity to your neighbors.  Again with lots 25 feet wide, and front doors usually needing to be on the side of the house due to the garage, don’t generally mean much room between you and your neighbor.
  3. Lack of street parking.  With 2 car wide driveways in front of every 25 foot wide lot, it doesn’t leave much room for curbs.  On the other hand a two car garage plus 2 driveway spaces may make that a non factor.
  4. Small yards.  Generally these homes have a small yard in the rear without a front yard to speak of.  Again this can be a positive or a negative, depending on your situation.

Overall the Golden Hills offers a great opportunity to own a good sized home, at a good price and just a short drive to the beach.  See Recent Golden Hills home sales.

For more information on the area of Golden Hills or other neighborhoods in the South Bay, feel free to contact me.

Keith Kyle – Realtor, e-Pro – South Bay Brokers– 2501 N Sepulveda Blvd Manhattan Beach, CA 90266 310-251-2344 – Keith.Kyle@SouthBayBrokers.com

 

For real estate information, open houses, and FREE MLS access visit www.KeithKyleHomes.com

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