The Highest Priced Home Sale in Redondo Beach During 2020
The highest priced home sale in all of Redondo Beach during 2020 was a< beachfront estate that sold at $9,975,000. 717 Esplanade offered an incredible location with an estate style layout. 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.
View the current homes for sale in South Redondo Beach on the Esplanade.
717 Esplanade, Redondo Beach CA 90277
Listing courtesy of Chris Adlam – Vista Sotheby’s International
only 44 homes sold during the month.  The number of homes for sale has been slowly dropping since last summer with a peak of 98 home sales in June. The 44 home sales in February is the fewest home sales in a month over the past 18 months other than December which is usually the low point for the year. Prices continued to be very strong with a median list prices of $1,199,000 and a median sales price of $1,182,000 indicating good market for