Unique Opportunity for a Legacy Home in El Segundo at 728 W Mariposa

Under construction on a double lot - 728 W mariposa

Update* This home is currently in escrow

There have only ever been 3 homes on the market in El Segundo priced over $3,000,000 and none have actually sold.  Two of them are currently on the market and the home at 728 Mariposa may be the first home ever to sell in this rarified air.  

What makes this home so unique is that it sits on a double flag lot.  The property currently has a small single level home which will become an ADU for the main home.  The main house will be new construction offering 5 bedrooms, 5 baths and almost 4,500 square feet.

Priced at $3,750,000 we’ll update the sales price as soon as it’s released.

Information on 728 W Mariposa, El Segundo

Only 2 Homes Have Ever Been Priced over $3,500,000 in El Segundo – They’re Both Currently on the Market

Can El Segundo Handle the high End Luxury Market?

While home prices in neighboring Manhattan Beach often go well into the multi millions, El Segundo is still a far more affordable town to live in. Unlike it’s neighbor to the south, sold home prices in El Segundo average around $1,200,000 with anything over $3,000,000 extremely rare.   

There has never been an on market home sale in El Segundo priced over $3,000,000 but that’s likely to change. 

There have only been 3 homes ever priced over $3,000,000 and two of them are currently on the market.  The home at 650 W Maple is priced at $3,785,000 and the home (property would be more accurate) at 728 W Mariposa is on the market at $3,750,000 and is acautally in escrow.  This is a really unique property so doesn’t quite equate to a standard residential sale as it’s a new home under construction on a massive double lot with a main home with 4,200 feet and a guest home/ADU as well.

The Two highest priced homes on the MLS in El Segundo are both currently on the market.

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El Segundo Real Estate. All information deemed reliable but not guaranteed.