While it hasn’t officially sold and is only “in escrow” the sale at 2120 The Strand is fairly notable as that’s the very high end of the market in Hermosa Beach. This ultra luxury market on The Strand in Hermosa and Manhattan has been very slow and it’s not uncommon to see this level home sit on the market for a year or more. The home offers a great location for the Strand as it’s walkable to the Hermosa pier area but not too close to deal with any of the congestion. The home features 5 bedrooms and 5 baths on 3 levels and just under 3,700 square feet. List price is $9,950,000. There are several other homes available on The Strand in Hermosa as well as oceanfront Strand homes in Manhattan Beach.
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.