El Segundo saw an impressive number of homes sell for over $2,000,000 in 2020. It wasn’t all that long ago that the $2.0+ price point was very rarified air but the market has come a long way. Now $3,000,000+ is a possibility as clearly indicated by the record sale of 709 Pine at $3,250,000…..over $700K higher than the next closest sale. 709 Pine was a real “estate” type property with a large home, large manicured property and definitely unlike any others. It 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.
Listing courtesy of Andrew & Ken Adam – Strand Hill Christies International Real Estate
