Price Reductions on 709 Esplanade Making It An Interesting Opportunity
It’s hard to imagine a home that sits right oceanfront, with unblocked ocean views from Palos Verdes to Malibu would struggle to sell, but the home a 709 Esplanade has done just that. It’s gone through a number of realtors and a number of price changes, but it’s still sitting idle on the market. On the market for a whopping 895 days, the home originally hit the market in 2012 at a hefty price tag of $10,000,000. Given the square footage that wouldn’t have been outrageous, but this was one of the more unusual homes we had ever seen. The owners clearly liked pink with pinkish tiles throughout, including the exterior, pinkish statues, pinkish kitchen and just about everything else in the home. Unfortunately for the owners, personal preferences don’t always translate into mass appeal and this is definitely the situation here. The future owner will likely be doing a major remodel, but with 9000+ feet of oceanfront home the possibilities are certainly endless.
|Price Per Sqft:||$744.57|
|Square Feet||9,200 (according to owner)|
|Lot Size||7,458 square feet|