Jim Keyes, the former CEO of Blockbuster and 7-Eleven, has trimmed a little more off the price of his Redondo Beach mansion. The waterfront home is now listed for $11.9 million, down roughly $6 million from the price he sought two years ago.
Records show Keyes shelled out $6.35 million for the property in 2015. At the time, it boasted Mediterranean vibes, but he soon remodeled the interior into a modern contemporary space.
Centered around a sky-lit atrium, the home boasts whitewashed living spaces, stone floors and dramatic archways across 9,200 square feet. An elevator services the three-story floor plan, which holds five bedrooms, six bathrooms, an eight-car garage, media room, pub-style wet bar and wine cellar under barrel ceilings.
On the main level, living spaces include an expansive great room, wood-beamed kitchen, rounded dining area and indoor-outdoor living room. From there, the space expands to an outdoor terrace that spans the home’s backside.
The master suite, reached by a sweeping staircase with wrought-iron rails, sits on the top floor. It offers hardwood floors and a fireplace, as well as a freestanding tub that takes in ocean views through picture windows.
Down below, pocketing doors open to a gated patio with a grill and fire pit.
Brett Miller and Destiny Davis of Douglas Elliman hold the listing with Edward Kaminsky of Strand Hill Christies International Real Estate.