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$10,995,000

Beds
5
Baths
4.5
sq ft
6,182

15 The Colonnade, Long Beach, CA 90803

15 The Colonnade

Long Beach, CA 90803

  • 1 day on market
    • Price drop $1,005,000↓
One of California's most Distinctive Waterfront Homes. This Classic Mid Century Modern Home is one of Naples Island's Landmark Homes, located in the Heart of Naples Island and a very Prestigious Location. This Masterpiece was Designed by Famed Architect, Mr. George M. Montierth, known for his Mid Century Style with Island Features. This Waterfront Compound is situated on Naples Canal and The Colonnade Park, overlooking the intersection of Naples Canal, Rivo Alto Canal and The Colonnade Canal, while enjoying the Panoramic views of Alamitos Bay and The Peninsula. This is a Prime Opportunity to Own a Most Unique Property on Naples Island. There is a Private Personal Marina with 135 Feet of Open Water Dock Frontage, with a U-shaped Slip that is 39 Feet with a 13 Foot Beam opening. This Oversized Marina can accommodate multiple boats or other watercrafts. This is Truly a Yachtsman's Paradise. This 6182 Square Foot Home is complete with a Private Swimming Pool in the Courtyard, Special Features include: Grand Formal Entry with 20-Foot-High Ceilings, Sweeping Staircase, Beautiful Wood Panel Walls in the Formal Living Room with 10 Foot Ceilings, an Oversized Marble Fireplace and Walls of Windows facing the Waterfront. There is a Full walk in Wet Bar, Beautiful Formal Dining Room, all Overlooking the Courtyard and Private Pool. Two Very Spacious Master Suites Upstairs, One with a Marble Fireplace, Both with Walk-in Closets, Vanity and Make-up Rooms, Master Baths include Custom Wood Build-in Closets, Glass Tile. There is a Guest House with its own Bath and Shower. There is also a full Workshop located next to the Guest House. The Driveway and Motor Court can accommodate multiple Cars, as well. This property is also situated on the Phase Two Seawall Project, therefore, has a brand-New Seawall. This Amazing Home has recently undergone an extensive refurbishing, including New Paint, a New Roof, and a Resurfaced Upper Level View Deck, off of the Master Bedroom. This Special property actually is Five Legal Lots or Three Waterfront Lots, the Length of the Lot on the Water frontage is 112 Feet and the Depth of the Front of the Home is 146 feet of Frontage on The Colonnade Park. Develop this Property, Rebuild your Dream Home or simply Enjoy this True Classic. This Property is One of the Best Available with Excellent Potential for All. Enjoy the Indoor/Outdoor Lifestyle of Naples Island.

Details

Property type

Single Family Residence

Est. home value

$9,914,302

Lot size

0.2788 acres

Price per sq ft

$1,779

Year built

1948

HOA

No

Price History

03/17/2025
CRMLS

CRMLS #PW25043297

Price change
$10,995,000
-8.38%
03/17/2025
CRMLS

CRMLS #PW25043297

Listed
$12,000,000
+42.86%
08/01/2022
CRMLS

CRMLS #PW21172192

Sold
$8,400,000

Schools & Community

Neighborhood: 

Naples

Elementary school: 

Naples Bayside

Middle school: 

Rogers

High school: 

Wilson

Community features: 

Curbs, Street Lights, Suburban, Sidewalks, Fishing, Park

High school district: 

Long Beach Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Midfirst Bank

Loan start date

July 2022

Original loan amount

$1,680,000

Est. remaining balance

Not provided

Interest rate

5.23%

Loan type

Commercial

Seller

Cadr Holdings Llc and Long Beach 910 Llc

Lender

Midfirst Bank

Loan start date

July 2022

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

5.25%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Cadr Holdings Llc and Long Beach 910 Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/18/2025 at 2:10 PM

Listing updated: 03/18/2025 at 6:50 AM

Listed by: Keith Muirhead, Vista Sotheby's Int'l Realty Phone #: (310) 546-7611

MLS: CRMLS #PW25043297

CRMLS logo

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