
Redondo Beach, California 90277
This Newly Reimagined Luxury Penthouse is a Strong Value Opportunity, listed at $2,399,000—positioned well below the $2,515,163 Fair Market Value by 4%. This valuation gap offers $116,163 in Instant Equity for a property boasting an Excellent Condition Rating following a total stud-up reconstruction. Featuring panoramic ocean views, a triple en suite layout, and access to top-rated schools like Alta Vista Elementary (9/10) and South High School (9/10), this residence balances coastal luxury with financial upside. It is the perfect fit for lifestyle-driven professionals or luxury-focused homeowners seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 555 Esplanade 620 Subject | $2,399,000* List Price | 3 | 3 | 1,733 | $1,451 | - |
A 531 Esplanade 313 Active | $1,975,000 List Price | 2 | 3 | 1,246 | $1,585 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This penthouse has been completely reimagined and rebuilt from the studs, featuring brand-new systems, high-end finishes, and a never-lived-in condition. The kitchen is equipped with premium stainless steel appliances, waterfall-edge countertops, and modern cabinetry, while the interior boasts contemporary light fixtures, cable railings, and high-quality flooring throughout, meeting the highest standards of a recent total renovation.
Elementary School: Alta Vista Elementary School (9/10). High School: South High School (9/10).
As a premier sunset penthouse, the property offers rare, uninterrupted horizon views and expansive terraces that maximize the coastal living experience.
Taken down to the studs and never lived in since completion, the home features brand-new systems and high-end finishes, offering the peace of mind of new construction.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1733, other record living area = 1285.
The monthly HOA fee of $1,264 represents a significant recurring expense that may be a deterrent for budget-conscious buyers or investors.
Despite the interior's total transformation, the 1976-built structure may lack the modern curb appeal and contemporary communal amenities found in newer luxury developments.
Perched above the coast, this newly reimagined sunset penthouse offers a daily experience of light, air, and uninterrupted horizon. Taken down to the studs and completely rebuilt, this never before lived in 3-bedroom, 3 bath home delivers a rare level of refinement along the shoreline. From the moment you enter, open, airy living spaces are framed by sweeping ocean views and a seamless connection to the outdoors. Sunsets pour into the home and extend onto expansive terraces designed for both quiet mornings and unforgettable evenings above the Pacific. Each bedroom serves as a private retreat with its own en suite bath, offering comfort and privacy for both residents and guests. The design blends modern coastal elegance with clean architectural lines, creating a space that is both sophisticated and easy to live in. Multiple outdoor areas invite you to fully experience the coastal setting, whether hosting at sunset or taking in panoramic ocean views. With brand new systems and finishes throughout, this penthouse presents a rare opportunity to live in a completely transformed, never lived in home above it all.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 74% |
| Baths | 3.0 | 2.0 | 85% |
| Square foot | 1,733 | 1,273 | 94% |
| Lot Size | 29,641 | 71,347.5 | 35% |
| Price | $2.40M | $987.5K | 94% |
| Price per sq ft | $1.4K | $806 | 91% |
| Built year | 1976 | 1971 | 71% |
| HOA | $1264.0 | $658 | 94% |
| Days on market | 7 | 192 | 3% |
Apr 15, 2026
$2,399,000
Initial Listing
Mar 3, 2022
$1,550,000
Public Record
Jan 31, 1997
$365,000
Public Record