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

Rare 2 Bedroom Oceanfront Condo for Sale in the Sand Castle in Redondo Beach

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.

709 Esplanade – Oceanfront Home For Sale in Redondo Beach CA

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.

Oceanfront Home Opportunities Aplenty in Redondo Beach

We’ve seen a large number of ocean view and ocean front condos come on the market in the past few months.  It’s most likely due to the fact that summer is certainly when the largest number of oceanfront buyers are out looking due to visiting on vacation, the weather, etc.  There are quite a few homes currently available and you can view them below.

No Shortage of Oceanfront Condos For Sale in Ocean Plaza – 531 Esplanade

This article was originally posted in January of 2017.  To see the current homes for sale at 531 Esplanade please visit our oceanfront Esplanade homes for sale page.

It would seem that Ocean Plaza, located at 531 Esplanade, is having a selling frenzy with 4 separate condos for sale.  Due to zoning, South Redondo Beach offers some of the only high rise style buildings in the South Bay and Ocean Plaza is the tallest.  The building features a pool and spa, club house style room, top floor workout room and most condos have big ocean views.  Take a video tour of the oceanfront condos of the Esplanade in Redondo Beach.  Although the Ocean Plaza building sits ocean front, most units are on the sides of the buildings with balconies angling towards the beach.  In general the higher the floor, and further west in the building means bigger views.

 

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