
Long Beach, California 90803
This Iconic Mid-Century Modern Waterfront Estate is listed at $10,250,000, representing a stable acquisition at its $10,250,000 Fair Market Value. Holding a Fair Condition Rating, the 6,182-square-foot residence features a new roof and seawall, offering a pristine structural foundation for interior reimagination. The property spans five legal lots and includes a 135-foot private marina with panoramic bay views. Located in the prestigious Long Beach Unified district near 10/10 rated Naples Elementary, this is a rare legacy opportunity for Luxury Owner-Occupants or Architectural Preservationists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15 The Colonnade Subject | $10,250,000* List Price | 5 | 5 | 6,182 | $1,658 | - |
A 15 The Colonnade Active | $10,995,000 List Price | 5 | 5 | 6,182 | $1,779 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This iconic Mid-Century Modern estate, built in 1948, is exceptionally well-maintained with recent structural updates including a new roof, fresh paint, resurfaced deck, and seawall. However, the interior, particularly the kitchen and bathrooms, largely retains its original Mid-Century aesthetic. While clean and functional, the kitchen features dated wood cabinetry and countertops, despite some newer appliances. Several bathrooms show significantly outdated styles and fixtures (e.g., pink/yellow tiling). The flooring throughout is a mix of well-preserved parquet and older tiles. The property is move-in ready and in good structural condition, but its interior design and finishes are aged and would require substantial aesthetic updates to meet current contemporary standards, aligning with the 'fair' category.
Elementary School: Naples Elementary School (10/10).
An iconic Mid-Century Modern estate designed by acclaimed architect George M. Montierth, representing an architectural treasure and a significant piece of Long Beach history.
Perfectly sited at the convergence of three canals, offering sweeping views of Alamitos Bay, The Peninsula, and the ocean from one of Naples Island's most sought-after locations.
The multi-million dollar asking price (currently $10.25M) positions this property in an ultra-luxury niche, significantly narrowing the potential buyer demographic.
While a strength for enthusiasts, the distinct Mid-Century Modern design may not universally appeal to all luxury buyers, potentially limiting market reach compared to more contemporary styles.
A large 6,182 sqft estate with a swimming pool, extensive grounds, and private marina implies substantial ongoing maintenance and operational expenses, despite recent structural updates.
Among California’s most distinctive waterfront residences, this iconic Mid-Century Modern estate on Naples Island stands as both an architectural treasure and a piece of Long Beach history. Designed by acclaimed architect George M. Montierth, the home was originally commissioned as an executive retreat, created to entertain corporate guests drawn to Long Beach during the city’s thriving mid-century era. Its grand scale, dramatic design, and commanding waterfront presence reflect that legacy of hospitality and prestige. Perfectly sited at the convergence of Naples Canal, Rivo Alto Canal, and The Colonnade Canal, the residence captures sweeping views of Alamitos Bay and The Peninsula from one of the island’s most sought-after locations. A private marina spans 135 feet of open-water frontage and includes a 35-foot U-shaped slip with a 13-foot beam—an extraordinary amenity for yachtsmen and water enthusiasts alike. The 6,182-square-foot home is centered around a serene courtyard with a swimming pool, offering seamless indoor-outdoor living. A soaring 20-foot entry sets the stage for dramatic entertaining, leading to a paneled formal living room with marble fireplace and walls of glass overlooking the water. A full walk-in wet bar, elegant dining room, and expansive gathering spaces recall the home’s original purpose as a setting for distinguished entertaining. Two generous primary suites provide luxurious retreats—one with its own marble fireplace—both with walk-in closets, vanity rooms, and spa-inspired baths. Additional highlights include a private guest house with full bath, a workshop, and a motor court accommodating up to 6 cars. Positioned across five legal lots, including three waterfront parcels, the estate offers 112 feet of water frontage and exceptional versatility. Whether preserved as a Mid-Century showpiece, reimagined as a contemporary masterpiece, or developed anew, it represents one of the rarest opportunities on Naples Islands. Recent updates include a new roof, fresh paint, resurfaced upper deck, and a newly completed seawall, ensuring both beauty and structural integrity for years to come. A true legacy estate, this home embodies the elegance of its mid-century origins while offering unmatched potential on one of Southern California’s most prestigious waterfronts.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 5.0 | 3.0 | 94% |
| Square foot | 6,182 | 2,086 | 99% |
| Lot Size | 12,143 | 3,103 | 99% |
| Price | $10.25M | $1.88M | 99% |
| Price per sq ft | $1.7K | $917 | 94% |
| Built year | 1948 | 1948 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 202 | 188 | 59% |
Jan 17, 2026
$10,250,000
$10,750,000
-5% Price Drop
Initial Listing
Oct 2, 2025
$10,750,000
Initial Listing
Aug 2, 2022
$8,400,000
Public Record