$4M Price Drop On Oceanfront Redondo Beach Home

REDONDO BEACH, CA — A Redondo Beach oceanfront home has price-dropped by $4M.

The compound is listed by real estate agent and television personality Josh Altman. It features 10 bedrooms, 10 full bathrooms, along with five half bathrooms.

It was built in 2005. It's now listed at $23M.

• Address: 421 Paseo De La Playa, Redondo Beach, California
• Price: $22,995,000
• Square Feet: 15,728
• Bedrooms: 10
• Bathrooms: 10 Full and 5 Half Baths
• Built: 2005
• Features: Unmatched scale and style are realized as the massive property gates open revealing ~1.4 acres of ocean front property. This custom compound features 2 properties spanning a total of 15, 728 square feet. In addition to the main home that encompasses 5 bedrooms and 8 bathrooms, the guest home features 5 bedrooms and 7 bathrooms. Expansive panoramic ocean views from every vantage point are displayed throughout the quintessential living spaces. Countless amenities that set the property apart from the rest including a movie theatre, home gym, wine cellar, elevator, fire pit, office and pizza oven. Set just before the sand, the expansive outdoor space hosts a large aqua pool, spa, volleyball court, BBQ, and dining area. Ample parking space with a total of 7 garage spaces between the two homes. An extremely rare opportunity. This listing contains 2 APN's: 7512-003-002 (417 Paseo De La Playa) and 7512-003-018 (421 Paseo De La Playa).

This listing originally appeared on realtor.com. For more information and photos, click here.