The latest addition to the very crowded beachfront home market in Hermosa Beach is an original beach duplex located at 44 The Strand. Built in 1923 this property is one of the original beachfront homes and one of the few that remain from this historic era. The property will likely sell for land value and get torn down which is too bad but the way it goes in this real estate climate. Currently a duplex with a 3/2 and a 2/1 unit. The actual location on the Strand is somewhat of a challenge (if a beachfront location can be a challenge) as it’s one of the very first homes as you go from Redondo to Hermosa and this is always a bit of a negative from a value standpoint. The real appeal, however is that this is a lot and a half with a pretty significant 45 feet of beach frontage. This property last sold in July of 2019 for $5,600,000
Just Sold! – Ocean and golf course view Villa at the Terranear Resort in Palos Verdes
Just sold! We are proud to announce our latest home sale in the South Bay. (represented the buyers)
We had the opportunity and priveledge of representing wonderful buyers in the purchase of this incredible villa at the ocean front Terranea resort in Palos Verdes. This incredible property had just recently been remodeled with a luxury coastal feel worthy of the location.
Terranea ownership is unique in that the owner is restricted to 90 days a year of personal use and it is available for rental by the resort the rest of the year. This was part of the arrangement with the California Coastal Commission with the development of the old Marine World property in such an ideal location.
The resort is world class and the owners (and renters) have access to incredible facilities including fitness center, multiple pools, luxury spa and wellness center, and incredible dining ranging from oceanfront casual to formal affairs. Terranea also has a spectacular par 3 golf course on property.
As an owner you not only have access to the abundance of resort amenities but a long list of additional features including:
24-hour owners’ concierge
Designated owners check-in service
Owners golf cart service
Limo service for owners when traveling within 5 miles of the resort
Priority reservations at all restaurants while in residence
Priority access to cabanas while in residence
Owners lockers at spa
On-site storage for oversize items (surfboards, kayaks, etc.)
Exclusive Owners Events
Discounted golf at our 9-hole Executive Course
Private in-room chef and grocery service (for fees and cost of goods)
Annual use of an ocean view Board Room for a private event
732 The Strand, Hermosa Beach - listed for $8,950,000
There were two new beachfront listings hitting the market this week which now brings the total number of homes and condos for sale on the Hermosa Beach strand to 8!
One of the latest additions to the market in Hermosa is a very nice 4 bed, 3.5 bath single family home located at 732 The Strand. The home offers approximately 30 feet of beach frontage on three levels. The home was designed by architect Michael Lee with a modern look and feel…..open spaces, retractable Fleetwood window walls and more.
The latest addition to the beachfront home market in Hermosa and Manhattan is 212 The Strand in the sand section of Hermosa Beach. This address may sound familiar as it actually sold back in July of 2020 for $8,200,000.
It’s back again with a significant price increase and is currently listed for $10,500,000. The home was built in 2018 and features 4 bedrooms, 6 baths and almost 4,400 square feet. It’s located at the very southern end of the Strand which is a bit busier and generally sells for less than similar homes north of the pier. The home sits on a 2,374 foot lot with 30 feet of beach frontage.
Take a look at the 2021 Hermosa Beach Real Estate Market recap
What an incredible year it was for home sales and prices in Hermosa Beach CA. There were 271 on MLS home, townhome and condo sales in 2021. The average list price of the homes that sold was $2,512,435 with the average “sold” price at $2,509,993. Average price per foot was $1126.93. The medial “list” price for the year was $2,025,000 with the median sold price at $2,195,000. The highest priced home sale of the year was surprisingly not beachfront on the Hemosa Strand. It was actually a home in the “valley” and was an ocean view estate home at 2805 Tenyson that closed at $15,800,000. The luxury home offered 6 bedrooms, 8 baths and over 6,000 square feet. The lowest priced home of the year was a one bedroom condo in the Victorian at 2411 Prospect that sold for $590,000