*Currently the only oceanview condo for sale in The Village (600 The Village addresses) is a studio located at 620 The Village #202. This second floor condo offers some views and despite the fact that it only has 410 square feet it really lives much bigger due to the layout and the large sliders to the deck. This unit has has some upgrades over the years but not super high end. The studio units are always the furthest east in each building (every floor has 2 studios that are the first units off of the elevator). A year or two ago $579,000 would have seemed an impossible number but with the last two selling at $595,000 for an extremely upgraded unit at 610 The Village #201, and $560,000 (first floor) this one is within range.
One of the latest condos to sell in The Village in South Redondo Beach was a beautifully remodeled 2nd floor studio. This was really nicely done and wasn’t your usual inexpensive flip. We’ve sold studios in the past and although they only offer 410 square feet they are definitely more spacious than they sound. It doesn’t hurt to have ocean views and ocean breezes which allows the balcony to be an extension of the living space.
One of the most recent sales in the Seacape and Village oceanview condo complexes was a 2 bedroom first floor unit in Seascape 3. There hasn’t been much on the market lately and this is one of the only homes that have sold in a little while. The condo was nice and clean but needed some updating and had a bit of an original feel. The views were decent although certainly a concern that they could be partially blocked by trees or the future Redondo Pier redevelopement….if and when that ever happens. The home was listed at $995,000 and had several offers and closed at $1,150,000 to an all cash buyer.
The average “list” price for the homes that sold was $1,474,590 with the average sold price at $1,611,603 meaning that, in general, homes sold DRAMATICALLY higher than the list price.
The oceanview condos complexes known as The Village and Seascapes are primarily single level condos but they do have some multi-level townhome options as well. Seascape 1 has several townhomes and, in addition to the fact that there are no neighbors above or below, they have an attached 2 car garage which is a big difference.
This latest townhome located in the Seascape 2 building at 150 The Village #6 was barely on the market before going into escrow. Fro what we understand it was a very strong offer and congrats to the sellers for the home selling so quickly. The townhomes are the homes closest to the water/harbor so they do offer some nice views although they are often much lower elevation than the condos. Learn more about Seascape 2 in Redondo Beach. The home was listed by Liz Cotton of Re/Max.
It’s not surprising to see record home prices in the current Redondo Beach real estate market, but this recent sale in The Village blew us away. Listed at $750,000 this home was only active for one weekend before going into escrow and closed at a jaw dropping $805,000. The previous record was $752,000 and that was for a third floor (which is the top floor and always more valuable) unit. In general first floor units sell for less due to the views being less exciting.
Having said that this one had about as nice a view as you can get on the first floor and the first floor does have two advantages…they have much larger balconies and it is the only level that can have hardwood floors (due to nobody being underneath)
Overall this was a beautiful condo that was in fantastic shape and beautifully remodeled.