
Redondo Beach, California 90277
This Luxury Panoramic Penthouse is a Prime Investment Opportunity listed at $1,499,000—positioned well below the $1,533,087 Fair Market Value by 2%. This valuation gap provides $34,087 in Instant Equity. Boasting a Mint Condition Rating following a comprehensive 2024 renovation, the residence features unobstructed Pacific Ocean views, cathedral ceilings, and designer finishes. Located in the Redondo Unified School District near Alta Vista Elementary (9/10), this move-in ready sanctuary offers a premier coastal lifestyle. It is the perfect fit for Luxury Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 615 Esplanade 805 Subject | $1,499,000* List Price | 2 | 2 | 997 | $1,538 | - |
A 615 Esplanade 709 Sold | $1,080,000 | 1 | 1 | 719 | $1,502 | 0.0 mi |
B 531 Esplanade 313 Active | $1,875,000 List Price | 2 | 3 | 1,246 | $1,505 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property underwent a comprehensive top-to-bottom renovation in 2024, including a full modern kitchen with energy-efficient appliances, updated bathrooms, new windows, and an upgraded electrical panel, meeting the criteria for mint condition with a renovation less than 5 years old.
Elementary School: Alta Vista Elementary School (9/10). High School: South High School (9/10).
As a top-floor penthouse with no neighbors above, the unit features soaring cathedral ceilings and floor-to-ceiling windows offering unobstructed, panoramic Pacific Ocean views from all primary living spaces.
The property underwent a meticulous top-to-bottom remodel in 2024, featuring a modern kitchen with energy-efficient appliances, designer bathrooms, and the rare convenience of a newly added in-unit laundry closet.
At nearly $1,500 per square foot, the property commands a significant premium for its views and renovations, which may be a deterrent for buyers seeking more interior living space.
While the unit is fully modernized, the 1971-built structure may require ongoing maintenance typical of older coastal buildings, as reflected in the relatively high monthly HOA fee of $736.
Elevated Coastal Living at Its Finest. Perched at the very top with no one above you, this rare penthouse offers a front-row seat to the Pacific w/its floor to ceiling windows showcasing your breathtaking views from above the Blue Pacific Ocean and visible from all living space & your Primary Suite! From the moment you step inside, soaring cathedral ceilings and an expertly curated modern remodel frame unobstructed, panoramic views stretching from the shoreline to the horizon making sunsets a very special treat! The open-concept living space is bathed in natural light, flowing seamlessly into a primary suite that feels like a five-star resort. With a comprehensive top-to-bottom renovation in 2024, updating the entire space including but not limited to a full kitchen and both bathrooms, new Sliding Glass doors, Windows and solar powered skylight. The kitchen has newer Energy Efficient Stainless Steel appliances and updated electrical panel. Most people need to use community laundry, but not this unit....they have added an in unit Laundry closet with stackable washer/dryer for your convenience! Every inch of this home has been meticulously reimagined with designer upgrades and high-end finishes—truly no stone left unturned. Beyond the two spacious bedrooms and bathrooms, a versatile bonus room offers the perfect space for a home office, gym, or media lounge. "The Sandcastle" building is a highly private building directly located on the West side of the iconic Esplanade, making it feel completely secluded. This gated building boasts an On Site Manager and 3 full time dedicated professionals to assist you. Luxury meets practicality with rare side-by-side parking, three dedicated storage units, and in-unit laundry. Located in the award-winning Redondo Beach School District and just a stone’s throw from the Hollywood Riviera, you are steps from hip eateries, boutique shopping, and the famed Strand. Grab your bike and cruise to Hermosa Beach in minutes. This isn't just a home; it's a lifestyle above the clouds!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 997 | 1,040 | 48% |
| Lot Size | 31,695 | 62,162 | 45% |
| Price | $1.50M | $950.0K | 88% |
| Price per sq ft | $1.5K | $840 | 97% |
| Built year | 1971 | 1971 | 50% |
| HOA | $736.71 | $644 | 76% |
| Days on market | 33 | 126 | 3% |
May 4, 2026
$1,499,000
Initial Listing
Apr 18, 2001
$380,000
Public Record