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.