732 The Strand, Hermosa Beach, CA 90254 USA | Pacaso
Whole home price

$8,989,000

Whole home listed by David Caskey. Want to co-own this home? Learn how.

Estimated 1/8 ownership

$1,340,000

Attributes
3 Beds4 Baths3,412 sq ft
About this home
Welcome to the best of oceanfront living in this modern coastal estate just south of the iconic Hermosa Beach Pier, offering three bedrooms and three-and-a-half baths in 3400+ square feet. With three stories of consummate luxury designed by Michael Lee and built by Dave Baldwin, this home leaves nothing to be desired in one of the most beautiful locations on the sand. The grand pivoting teak door ushers you into a contemporary oasis of warm woods, stone, glass and structured concrete, with ocean breezes beckoning from the moment you step inside. Radiant floors, custom built-ins and ambient lighting envelop you in comfort and elegance while walls of glass provide the perfect backdrop for taking in the sweeping ocean views. The ground floor includes an impressive media room that opens onto the oceanfront patio as well as a handsome guest suite. The second floor includes a striking Chef’s kitchen, dining area, living room with fireplace and private balcony with dazzling ocean views. Two rooms serving as an office and den/library as well as a well-appointed powder room complete the second level. Private living quarters on the picturesque top level include the extravagant Master Suite with fireplace, built-ins, ocean view deck and elegant Master bath. A third bedroom and full bath round out the amenities on the secluded top floor. This spectacular home on the Strand provides an unparalleled opportunity to live on the sand in true elegance in magical Hermosa Beach....show more
Location

How we estimated this 1/8 share price

We used market data to estimate the cost of turning this home into a Pacaso, which includes a full design makeover, LLC formation, and finding qualified owners.

Purchase PriceWhole home: $8,989,000$1,123,625
Home Upgrades & ClosingInterior design, furnishings, inspection & title$73,000
Pacaso Service FeeBuyer aggregation, legal & financing$143,375

Estimated 1/8 Ownership44+ nights per year$1,340,000

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Understanding ownership costs

View of Napa Valley from Olive Grove Exterior seating area

Know the bottom line before you buy. No hidden fees, no surprises, no monthly markups.

Listing Agent

Courtesy of - David Caskey, eXp Realty of California Inc

Whole home list price: $8,989,000

MLS #: SB20228603

Status: ActiveSource: CRMLS

Pacaso last checked: September 23, 2021 11:10 AM UTC

Data last updated: June 30, 2021 12:24 AM UTC