After 1,064 Days on Market 212 The Strand is In Escrow

While the number of days on market is definitely misleading, there’s no question that the beachfront home at 212 The Strand has been on the market for a while. 1,064 days on the market to be precise. That has finally changed as this new construction beachfront home in Hermosa is now in escrow. The reason the number is a bit misleading is that the builder/agent listed the home long before it was actually complete and was listed at a very optimistic $11,900,000 price at the time. It’s been through a number of price reductions, which seems to be the norm on the very slow beachfront luxury market, to it’s most recent price of $8,999,999. The home offers 5 Beds, 5.5 Baths, approximately 4,403 sqft on a 2,374 sqft lot. We’re not aware of the sales price so we’ll update that once sales info is released after close of escrow.  View all of the current beachfront homes and properties for sale on the Hermosa Beach Strand as well as the current homes for sale in the sand section.

212 The Strand, Hermosa Beach

Several Beachfront Strand Homes Coming on the Market in Hermosa Beach

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We’re getting word that several beachfront homes are coming to the market in the near future. At least 3 properties, all distinctly different, will be added to the already crowded beachfront market. Of the 3 we’ve heard of one is a corner lot that the owners had intended to build on (but may be changing their plans) the other is an older beach home in northern part of the Strand that will likely be a lot sale but could be rehabbed, and the other is an oversized home and lot that’s been on the market a few times in the past. It’s a challenge give the architecture and very personalized choices, but they’re recently painted to make the exterior look a little more fitting. Check back with us as we’ll be updating our site whenever the details of the homes are officially able to be released.

Highest Sale Ever in the South Bay at $22,650,000 Happens to Be In the Hollywood Riviera

In 2018 the highest on market residential sale took place at 417 Paseo De La Playa.  We wrote several articles when it first hit the market as well as when it sold.  Although it was one address it was really two incrdible parcels of land with two stunning homes being sold as one.  With over 62,000 feet of oceanfront lot it was most definitely a legacy property and one that likely won’t be duplicated anytime soon.  While there are a few properties currently on the market in the $22,000,000 range, one at 1901 Manhattan Ave in Hermosa Beach and the other at 3001 The Strand in Hermosa Beach, there have only been 3 other homes that have sold in the rarified air of $20,000,000.

417 Paseo De La Playa was an incredible home with unblockable views not only of the ocean, but of both Palos Verdes and the coastline as well.   The homes offered over 10,000+ square feet of living space with just about all of it having stunning views.  Built in 2005 the homes offered resort style grounds with a massive pool and spa deck overlooking the Pacific.  The listing agent was Chris Adlam of Vista Sotheby’s International Realty.