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Sold for $6,400,000 · Nov 2023

SOLD

Listed at $6,250,000

Sold

5500 E The Toledo, Long Beach, CA 90803

Long Beach, CA

MLS# PW23195757

4,261 Sq Ft • Single Family Home3bd • 4ba
6 days on market

Listing Agent

Moe Shahbani

Listing Agent

Coldwell Banker Realty

DRE #: 01068932

Brokerage: Coldwell Banker Realty

Property Details

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

Description

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.

Facts & Features

Details

Stories
2
Cooling
CentralAir
Heating
Central
View
Bay, Catalina, Coastline, Ocean, Panoramic, Water

Sale history for 5500 E The Toledo

1 recorded sale

$6,400,000
Sold November 2023 · listed $6,250,000, on market October 2023, 6 days on market · MLS #PW23195757 · Source: CRMLS
Listing Agent: Moe Shahbani · Listing Office: Coldwell Banker Realty · Contact: 562-494-4600 · Bought with: Sue La Bounty · First Team Real Estate

How this sale compares

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).

$1,502
This sale, per sq ft
$728
90803 median per sq ft (12 mo)
$1,380,000
90803 median sold price (12 mo)
238
Closed sales in 90803 (12 mo)
6
Days on market
+2.4%
Sold vs. list price
QuarterClosed sales in 90803Median sold price
Q1 20264$1,725,000
Q2 202693$1,565,000
Q3 2026110$1,357,500
Q4 202631$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

Recent sales near 5500 E The Toledo

Closed sales reported in 90803, nearest first, last 12 months. All recent sales in Long Beach →

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