7300 Vista Del Mar Lane, Playa Del Rey, California 90293, Playa Del Rey, 90293 - 3 bed, 2 bath

7300 Vista Del Mar Lane, Playa Del Rey, California 90293 home-pic-0
ACTIVE$3,995,000
7300 Vista Del Mar Lane, Playa Del Rey, California 90293
3Beds
2Baths
1,840Sqft
6,357Lot
Year Built
1953
Close
-
List price
$4M
Original List price
$4.99M
Price/Sqft
$2,171
HOA
-
Days on market
-
Sold On
-
MLS number
SB25234888
Home ConditionTear down
Features
Excellent View: Ocean
ViewOcean

About this home

We found 3 Cons,5 Pros. Rank: price - $4.00M(82th), sqft - 1840(35th), beds - 3(47th), baths - 2(41th).

New Opportunity!! Significant price improvement!! 7300 Vista Del Mar presents a once-in-a-lifetime opportunity to build a true coastal legacy in Playa del Rey. Designed by award-winning architects Woods + Dangaran — recently named to Architectural Digest’s AD100 — this modern coastal residence has completed a meticulous 4-year dual-coastal approval process and is now "Ready-to-Issue" (RTI). The journey begins in a tranquil entry courtyard — a genuine decompression zone — where the world outside falls away. From there, the main living quarters, dining, and kitchen spaces all flow toward the horizon, paralleled by a dramatic 57-foot lap pool that mirrors the sea beyond. Spanning approximately 6,000 sq ft across four levels, the design balances calm, refined luxury with dramatic connections to the surrounding elements. The lower level is devoted to a private wellness center with spa, sauna, cold plunge, gym, and a guest suite. The mid-level offers a media lounge and two ocean-view en-suites, each with access to the private terrace. Crowning the home, the entire upper floor is devoted to the signature primary suite, complete with dual baths and closets, an open-sky deck, and a bathing retreat designed as a tranquil sculpture, where organic materials and open passage foster a peaceful connection to the sun, the surf, and the stars. Generous terraces, a built-in BBQ, and parking for six vehicles complete this vision of modern coastal living. More than a home, 7300 Vista Del Mar is where architecture, nature, and vision converge. Note: the existing structure (single family dwelling) is 3beds/2baths 1840sf living space.

Price History

Date
Event
Price
12/03/25
Price Change
$3,995,000-19.9%
10/08/25
Listing
$4,990,000
Condition Rating
Tear down

The listing explicitly states that the existing 1953 structure 'must be demolished' to make way for a new, modern residence. The property is being sold as a development opportunity, with its value derived from the land and approved plans, not the current dwelling. The existing interior images (5, 6, 7) show an outdated home consistent with its age and the intent for demolition, indicating it is beyond practical repair or renovation for modern standards and is intended for demolition.
Pros & Cons

Pros

Ready-to-Issue (RTI) Permits: The property comes with meticulously approved 'Ready-to-Issue' permits for a 6,000 sq ft modern coastal residence, saving the buyer significant time, cost, and risk associated with the lengthy approval process.
Prime Coastal Location & Ocean Views: Situated on Vista Del Mar Lane in Playa Del Rey, the property offers a highly desirable coastal address with designs specifically oriented to maximize stunning ocean views.
Award-Winning Architectural Design: The proposed residence is designed by Woods + Dangaran, an AD100 recognized architectural firm, ensuring a high-caliber, modern, and luxurious aesthetic.
Comprehensive Luxury Features (Proposed): The detailed plans include a 57-foot lap pool, a private wellness center (spa, sauna, cold plunge, gym), multiple ocean-view en-suites, a dedicated primary suite floor, and generous terraces, catering to an ultra-luxury lifestyle.
Significant Price Reduction: A recent and substantial price improvement from $4.99M to $3.995M makes this unique development opportunity more attractive and competitive in the market.

Cons

Requires Demolition and New Construction: The existing structure is an older, smaller home (3 beds/2 baths, 1840 sq ft) that must be demolished, adding significant initial costs and project complexity before new construction can begin.
Substantial Additional Capital Investment: The listed price covers the land and approved plans; the buyer will need to secure and invest several million dollars more for the actual construction of the 6,000 sq ft luxury residence.
Extended Project Timeline: Despite having RTI permits, building a custom 6,000 sq ft luxury home is a multi-year endeavor, delaying occupancy and the full realization of the property's value.

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