One of the most recent sales of new construction in the sand section was a 4 bedroom Cape Code styled single family home that just closed escrow at an impressive $6,135,000. 

The home sold slightly below the list price of $6,150,000.  The $6.0M+ price would certainly not been the price a year earlier but it does show just how quickly the market has moved up for new construction ocean view homes in this highly sought after neighborhood.  The home offered some nice southwest views of the ocean, Catallina and PV but not much of a view straight west.

Located in the north sand section of Hermosa it was just 2 short blocks to the beach and steps to the very popular Valley Park.  It’s also steps to the new Hermosa Vista School which is both a positive and a negative.