Yet another sales price record was broken and this time is was a  residence 1 floorplan in the Terraces at 5245 Pacific Terrace which closed escrow at an incredible $1,455,000.  There have been plenty of freestanding Terrace homes that have sold over $1.4M but they were all much larger.   The residence 1 is the smallest of the Terrace layouts with around 1,861 square feet, 3 bedrooms and 2 1/2 baths.

Given that the last 2 residence 1 sales were at $1,197,000 (3/23/21) and $1,122,500 (3/10/20) the sales price of $1,455,000 shows just how crazy the market has become.

View all of the recent sales in Three Sixty South Bay

The “Terraces” are single family style homes in the community with no shared walls and small yards.  The HOA fees in the Terrace homes are the lowest in the community.As with all of the homes in Three Sixty this townhome offered air conditioning, has the incredible community amenities and is served by the award winning Wiseburn School District.

View the MLS listing details below.

Condo Info

• • 3 bedrooms
  • 2.5 bathrooms
  • Top floor living room and outdoor deck
  • 1,861 square feet (BTV)
  • 2 car garage
  • $220 HOA
  • Sold at $1,450,000

Contact Three Sixty real estate specialist Keith Kyle with Vista Sotheby’s International for more information

5245 Pacific Terrace, Hawthorne – Sold for $1,455,000

Listing courtesy of Matthew Barry & Michael Aronski – eXp Realty of California, Inc. 310-308-6685