January’s Top Sale in El Segundo – 627 W Mariposa Sells at $2,200,000

627 Mariposa Starts 2021 off right closing at $2.2M

It didn’t take long for a $2.0M+ home sale in the coastal community of El Segundo in 2021. The highest priced home sale of the month was a beautiful single family home located at 627 Mariposa. Listing at $2,149,000 the home sold over asking priced and closed at $2,200,000. The sleek and contemporary home was newer construction built in 2018 and offered 5 bedrooms, 3 baths, approximately 2,861 square feet on a 5,000+ foot lot.

627 W Mariposa, El Segundo


Listing courtesy of Taya Dicarlo – Compass

The Highest Priced Sale in El Segundo in 2020 – 709 W Pine Closes at $3,250,000

709 Pine Avenue Sells at $3,250,000

2020 was an impressive year for home prices in El Segundo with a median sales price of $1,380,000. The high water mark for the year but a very significant margin was the single family home at 709 W Pine, El Segundo. The home offered 5 bedrooms, 4 baths, a bit over 4,700 square feet on an oversized 10,000+ foot lot. It sold for full price after a brief 2 weeks on the market.  See detailed charts and statistics on the 2020 real estate market in El Segundo.

 

Photos and details of 709 W Pine Avenue, El Segundo CA 90245


Listing courtesy of Andrew & Ken Adam -Strand Hill Christies International Real Estate

The Top Home Sale of the Month in El Segundo – 710 Sycamore Closes at $2,285,000

Biggest Home Price of the month - 710 W Sycamore El Segundo

The biggest sales price of September was 710 W Sycamore which closed escrow at $2,285,000 after being listed at $2,350,000. The home was built in 2015 and offered 4 bedrooms and 4 baths and a little over 3400 square feet. The home featured a Cape Cod style and offered some ocean views which is a rarity in El Segundo. It featured high ceilings, wood flooring, double pane windows, wainscoting, crown molding, and high-end finishes throughout, 3-pane sliding panoramic doors that lead to the outdoor patio and landscaped yard.

View all of the El Segundo homes that sold in September 2020

Listing courtesy of Bill Ruane -RE/MAX Estate Properties

The History of $2.0M+ Home Sales in El Segundo

The Luxury Home Market in El Segundo

It wasn’t long ago that a home sale over $2,000,000 in El Segundo was an extreme rarity.  Unlike neighborhing Manhattan Beach real estate, El Segundo isn’t known as a luxury market but that’s changing.

In 2013, 2014 and 2015 there was only 1 $2.0+ home sale each year and the common denominator was very large lots.  The home in 2013 was land value and the 23,000+ foot lot sold for $2,000,000 which happened to turn into 12 townhome that all sold between the high $700s and $800s. (now that’s a nice return)

2016 was the first year where this luxury price range started to be a bit normal in El Segundo with 5 home sales over $2,000,000.   After a slow 2017 there were 6 homes that sold in 2018 and 10 $2.0M+ home sales in 2019.

View the current homes for sale in El Segundo

 

The History of El Segundo Homes over $2,000,000

 
Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year
Lot Size
Sold Date
115 E
Walnut AVE  
$2,000,000
$1,639.34
2/2,0,0,0
1220/A
1920/ASR
23,386
4/12/2013
 
 
 
 
 
 
 
 
 
670 W
Maple AVE  
$2,100,000
$335.79
6/5,0,0,0
6254/A
2006/ASR
9,850
7/30/2014
 
 
 
 
 
 
 
 
 
1501 E
Sycamore AVE  
$2,075,000
$359.56
4/5,0,0,0
5771/A
2009/ASR
10,408
8/11/2015
 
 
 
 
 
 
 
 
 
840
Center ST  
$2,150,000
$598.39
4/5,0,0,0
3593/A
2008/ASR
6,872
1/15/2016
815
California ST  
$2,100,000
$583.66
4/2,1,0,0
3598/A
1966/ASR
9,725
2/1/2016
332
Whiting ST  
$2,350,000
$535.43
6/5,0,1,0
4389/A
1928/ASR
7,156
4/7/2016
437
Kansas ST  
$2,080,000
$658.23
5/4,0,1,0
3160/A
2005/ASR
5,570
6/7/2016
515
Loma Vista ST  
$2,225,000
$590.66
5/4,0,1,0
3767/A
2007/ASR
6,411
7/22/2016
403
Whiting ST  
$2,155,000
$718.33
3/2,1,0,0
3000/E
2015/OTH
7,470
4/14/2017
 
 
 
 
 
 
 
 
 
707
Bungalow DR  
$2,300,000
$575.00
5/4,0,1,0
4000/O
2010/ASR
6,590
1/25/2018
425 W
OAK AVE  
$2,350,000
$587.50
5/5,0,1,0
4000/D
2017/BLD
8,144
2/13/2018
321
Lomita ST  
$2,300,000
$759.33
5/3,1,1,0
3029/S
1948/ASR
5,723
4/2/2018
758
Lomita ST  
$2,300,000
$575.00
5/4,0,1,0
4000/O
2004/ASR
6,482
7/6/2018
917
Sheldon ST  
$2,560,000
$609.52
5/4,0,1,0
4200/B
2018/BLD
7,978
8/10/2018
628 W
OakAVE  
$2,389,500
$660.63
5/4,0,1,0
3617/AP
1925
7,183
9/18/2018
 
 
 
 
 
 
 
 
 
807
Bungalow DR  
$2,150,000
$503.16
5/4,0,1,0
4273/A
2005/ASR
6,594
1/15/2019
815
California ST  
$2,180,000
$605.89
4/2,1,0,0
3598/A
1951/ASR
9,711
4/5/2019
618
Lomita ST  
$2,495,000
$463.07
4/3,2,1,0
5388/AP
1943/ASR
6,420
5/6/2019
752
Bungalow DR  
$2,210,000
$561.20
4/4,0,1,0
3938/A
2002/ASR
6,591
5/15/2019
513 W
Mariposa AVE  
$2,000,000
$594.00
4/1,2,0,0
3367/A
2001/ASR
5,004
6/28/2019
719
Maryland ST  
$2,550,000
$772.73
5/1,2,0,1
3300/B
1942/PUB
6,481
8/27/2019
1510 E
Oak AVE  
$2,275,000
$595.24
5/5,0,1,0
3822/A
2012/BLD
6,582
10/3/2019
414 W
Oak AVE  
$2,510,000
$669.33
6/4,0,0,0
3750/B
2019/BLD
8,233
11/13/2019
506
Sheldon ST  
$2,060,000
$761.55
4/4,0,0,0
2705/S
1952/ASR
6,000
11/15/2019
712 W
Pine AVE  
$2,150,000
$755.45
4/4,2,0,0
2846/T
2009/SLR
8,036
11/22/2019
 
 
 
 
 
 
 
 
 
709 E
Pine AVE  
$2,509,200
$721.66
5/2,2,1,0
3477/B
2020/BLD
5,848
5/29/2020
733 W
Mariposa AVE  
$2,480,000
$834.45
4/4,0,0,0
2972/A
2012/SEE
10,887
7/14/2020

Homes We Like – Beautiful New Home Listed at 321 Lomita in El Segundo

321 Lomita Street, El Segundo - Listed for $2,600,000

Update - this home sold for $2,5811,875

This weeks featured home is a beautiful 5 bedroom home on Lomita Street with architecture the listing agent is calling “coastal farm house”.  Built just a few years ago this home offers the spacious layout today’s luxury buyers are looking for while still offering some small town charm that fits well in El Segundo. The home last sold for $2,300,000 on 04/02/18 PRICE: $2,600,000 BEDS: 5 BATH: 4 1/2 SQFT: 3,029* PRICE PER SQFT: $858.37 LOT SIZE: 5,723 SQ FEET GARAGE: 2 CAR SIDE BY SIDE YEAR: 2018

Information on 321 Lomita Street El Segundo W Mariposa, El Segundo

Listing Courtesy of Amie Schneider – Compass

Can An El Segundo Home Sell for Almost $4,000,000? 650 W Maple Tests the Luxury Market

650 W Maple, El Segundo - $3,785,000

Just a few years ago we wrote an article on whether El Segundo could sustain a home for sale priced over $2,000,000.  A year or two later and the market was tested again with a $3,000,000+ home came on the market.  Now we’re really going to see just how much of a luxury market El Segundo can be with 2 homes currently for sale above $3,750,000.  

One of those homes is located at 650 Maple.  This is a 2020 build with 5 bedrooms, 6 baths and approximately 4,500 square feet of living space*. It sits on a very large 8000+ foot lot and offers modern architecture. One unique element of this home is that it actually has a bit of an ocean view which is a rarity for El Segundo.

Information on 650 W Maple, El Segundo

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