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809 Esplanade
About This Property
There are homes near the ocean. There are homes with ocean views. And then, every so often, there is a property so intimately connected to the sea that it feels as though it has become part of the coastline itself.
Welcome to 809 Esplanade.
Perched at the very edge of the Pacific, the iconic Tiffany-blue cottage is the last home on the western bluff of the Esplanade-a surviving piece of old California on one of the South Bay's most coveted and tightly held stretches of coastline.
Its story begins with something remarkable: Knob Hill Tract - Lot 1.
Before the Esplanade became the prestigious coastal address it is today, this bluff marked the edge of a growing seaside community. Here, where land meets sea in spectacular fashion, a little cottage was built in 1950. More than 75 years later, it remains.
From its extraordinary perch, 809 opens to a panorama of ocean, sky and coastline-the dramatic cliffs of Palos Verdes to the south, an uninterrupted Pacific horizon to the west, and the coastline unfolding north into the distance.
But the magic of The Cottage isn't simply what you see. It's what you experience.
Morning light dances across the water as salt air and ocean breezes drift across the bluff. Pelicans, ospreys, hawks and owls glide past at eye level. Foxes wander the sand below while dolphins and whales appear beyond the breakers. Sailboats disappear toward the horizon, and storms roll dramatically across the Pacific. Then, as evening falls, the western sky becomes the entertainment-delivering sunsets cinematic in scale, all to the rhythmic sound of waves below.
It feels worlds away, yet the Redondo Pier, Riviera Village, the beach, restaurants, shops and the energy of coastal life are just moments away.
Now this beloved cottage awaits its next chapter-an exceptional opportunity to restore, renovate, or create a legacy estate worthy of a setting that simply cannot be recreated.
For more than three quarters of a century, 809 Esplanade has held a front-row seat to the Pacific. Opportunities to acquire a property so iconic and so irreplaceably positioned along the California coast are exceptionally rare.
A piece of old California. A front-row seat to the Pacific. And now, a chance to become its next steward.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2026 | Sold | ||
| Sold | |||
| Sep 10, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Listed by Vista Sotheby’s International Realty | $4,895,000 | |
| Listed by Vista Sotheby’s International Realty | |||
| Jul 20, 2023 | No longer available | - | |
| No longer available | |||
| Jun 12, 2023 | Price Decreased |
$5,999,000
↓ $501K
(7.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017