3
Bedrooms
Sold for $6,400,000 · Nov 2023
SOLDListed at $6,250,000
Long Beach, CA
MLS# PW23195757
Moe Shahbani
Listing Agent
Coldwell Banker Realty
DRE #: 01068932
Brokerage: Coldwell Banker Realty
3
Bedrooms
4
Bathrooms
4,261 sqft
Square Feet
2005
Year Built
0.22 acres
Lot Size
$1,502
Price/Sq Ft
3
Garage Spaces
N/A
HOA
Single Family Home
Property Type
Impressive waterfront luxury coastal living at its best. This Naples home has a 54 foot water frontage, and offers a 56’- 3”open water boat dock accommodating a 61’+ yacht and additional watercraft. Designed as an entertainer's paradise and built by Premier custom home builder Dennis Gilday, 5500 The Toledo boasts a seamless indoor-outdoor lifestyle, while preserving the ultimate in privacy. Entering through a private secure gate, the front door welcomes you to a grand sweeping staircase and reception foyer with magnificent Alamitos Bay view. Entertaining galleria with piano and built-in bar opens to living room, which along with formal dining room, spacious breakfast nook, gourmet kitchen & family room enjoy bay view in the forefront and beach, ocean, Peninsula and Catalina Island view in the background. Ultimate chef kitchen with top of the line appliances and custom cabinets. Classy guest bathroom with shower on this floor is also accessible from the side yard door. Ascend to the second level by the boutique elevator or stunning custom staircase. This level boasts 3 bedrooms, office, and 3 bathrooms, including a top floor primary suite that feels like a private penthouse, complete with a cozy fireplace and balcony. Both the primary bedroom/bath and office offer unparalleled and mesmerizing Bay/Ocean views. Enjoy cozy fireplaces in the living room, family room, primary suite and upstairs office. Sonos speakers through out the property and 3 car garage.Indoor/outdoor living at the edge of the shimmering bay awaits the discriminating buyer who expects the best
Listing description from the November 2023 sale, as reported to CRMLS.
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1 recorded sale
5500 E The Toledo sold for $6,400,000 in November 2023, 2.4% over its $6,250,000 list price, after 6 days on the market. That works out to $1,502 per square foot on 4,261 square feet. Across 238 closed sales in 90803 over the last 12 months, the median sold price is $1,380,000 and the median is $728 per square foot, 52% below this sale's $1,502. 3-bedroom rentals in 90803 currently list at a median of $4,950 a month (7 listings).
| Quarter | Closed sales in 90803 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $1,725,000 |
| Q2 2026 | 93 | $1,565,000 |
| Q3 2026 | 110 | $1,357,500 |
| Q4 2026 | 31 | $1,120,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Long Beach · Homes for sale in 90803
Closed sales reported in 90803, nearest first, last 12 months. All recent sales in Long Beach →
5500 E The Toledo
Contact Moe Shahbani
Contact via Nalren messaging
Contact Listing Agent
Coldwell Banker Realty
DRE #01068932
Contact information is not available for this listing.