Elite Collective
Elite Collective
North America's largest man-made small-craft harbor — waterfront condos, peninsula homes, slip-included estates
Marina Del Rey is a 4.2-square-mile unincorporated coastal community at the south end of Venice, organized around an 807-acre harbor with capacity for over 5,000 boats. The property mix is dominated by waterfront and water-adjacent condominiums — high-rise Marina City Club, mid-rise Mariners Bay, the Tahiti and Bali high-rises, and the peninsulas of Esprit, Promenade, and Silver Strand. Single-family homes cluster along the Silver Strand peninsula and the eastern Oxford Lagoon corridor. The community is professionally managed by the County of Los Angeles, which gives it a regulatory tone distinct from neighboring Venice.
Three distinct buyer profiles: waterfront high-rise condos ($1.5M–$8M, full-service amenities and direct slip rights), Silver Strand single-family homes ($3M–$15M, beach-and-boardwalk lifestyle with private peninsulas), and private-slip estates on the Oxford Lagoon and Promenade peninsulas ($5M–$25M+, including slip-included compounds rare in Los Angeles).
Slip ownership in Marina Del Rey is structured through master leases held by the County and sub-leases to private operators. Properties with deeded slip rights — particularly along the Silver Strand and the Esprit peninsula — command meaningful premiums and trade differently from standard waterfront. We model slip rights as a separate asset class in every Marina Del Rey valuation.
Marina Del Rey condos trade efficiently — full-service buildings absorb in 30–90 days and price-per-square-foot is well-defined by view, floor, and slip rights. Single-family product on the Silver Strand is illiquid by comparison; inventory commonly sits below five active listings at any time and transactions often happen via off-market introductions. Watch the slip-lease expiration calendar: master leases at several waterfront buildings reset between 2027 and 2042, which is a known risk pricing factor we underwrite into every offer.
For a confidential, data-driven Marina Del Rey briefing, contact Patricia Blakemore directly at (844) 475-0999 or [email protected].
Patricia Blakemore advises a small, deliberate roster of luxury buyers and sellers across Los Angeles County. Every engagement begins with a private strategy call — no pressure, no scripts.
(844) 475-0999[email protected]
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