15 The Colonnade, Long Beach, California 90803, Long Beach, 90803 - 5 bed, 5 bath

15 The Colonnade, Long Beach, California 90803 home-pic-0

15 The Colonnade

Long Beach, California 90803

ACTIVE
CONDITION: FAIR
5Beds
5Baths
6,182Sq Ft
12,143Lot Size

Property Price

LIST PRICE$10,250,000
EST. MARKET VALUE
$10,250,000

SUMMARY

Analysis of 15 The Colonnade, Long Beach, California 90803 reveals a Fairly Priced Property with a current list price of $10,250,000  aligned with the estimated $10,250,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$10,250,000
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

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 Several bathrooms show significantly outdated styles and fixtures (e.g., pink/yellow tiling).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.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Naples Elementary School (10/10).

  • Architectural Significance & Historical Value

    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.

  • Unrivaled Waterfront Location & Panoramic Views

    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.

CONSRISKS & DEFICIENCIES

  • High Price Point & Limited Buyer Pool

    The multi-million dollar asking price (currently $10.25M) positions this property in an ultra-luxury niche, significantly narrowing the potential buyer demographic.

  • Specific Mid-Century Modern Aesthetic

    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.

  • Potential for Extensive Ongoing Maintenance

    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.

About 15 The Colonnade

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1948
Lot Size
12,143 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
5 (5 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Long Beach Unified Schools

Naples Elementary School

Grades K-5 • 0.2 mi

10/10

Rogers Middle School

Grades 6-8 • 1.0 mi

7/10

Wilson High School

Grades 9-12 • 2.0 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
91%
Baths5.03.0
97%
Square foot6,1822,226
99%
Lot Size12,1433,179.5
99%
Price$10.25M$1.74M
99%
Price per sq ft$1.7K$882
97%
Built year19481946
53%
HOA$0$0
50%
Days on market155192
31%

Pricing History

Listed for Sale

Jan 17, 2026

$10,250,000

$10,750,000

-5% Price Drop

Initial Listing

Price Change

Oct 2, 2025

$10,750,000

Initial Listing

Sold

Aug 2, 2022

$8,400,000

Public Record

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