Marina del Rey homes for sale are really two separate markets, and almost every published figure about this place blends them into one number that describes neither. There is a single-family market: 25 houses sold inside the city in the 12 months to October 1, 2026, at a median of $3,212,000, running as high as $8,300,000. And there is a much larger condominium market, with roughly a hundred units listed at any time and sales starting in the $400,000s (my Marina del Rey market data, CRMLS). I live here, I keep a boat here, and I have worked this coastline for 18 years. Buyers who only see the blended median come in expecting one thing and find another. Here is what each market actually costs, and the one document to read before you offer on either.
What kinds of homes are for sale in Marina del Rey?
Both, in very different quantities. Condominiums dominate by volume and single-family houses dominate by price, and the two rarely compete for the same buyer.
The houses sit mainly on the Silver Strand and the Marina Peninsula, along Pacific Avenue, Ocean Front Walk, Via Dolce and the court and mall streets off them. They are genuinely scarce. Twenty-five sold in the whole of the past year, which is about two a month in a city of this density, and 24 were listed as of October 1, 2026 (market data).
The condominiums are the volume market and the reason Marina del Rey has a reputation as the affordable Westside option. They range from one-bedroom units in the big harbor-front towers to large townhome-style plans, and as of October 1, 2026 listings ran from the $400,000s into the millions (market data).
Beyond that split, four property types come up again and again in my showings:
Harbor-front high-rises. Full-service buildings with doormen, pools and gyms. Highest dues, best views.
Low-rise and mid-rise condo complexes. The bulk of the inventory, clustered on Glencoe Avenue, Via Dolce, Mindanao Way and Marina City Drive.
Townhomes around the Peninsula and east of Via Marina, with more square footage and usually no doorman.
Single-family homes on the Silver Strand and Peninsula, the scarcest category and the one that behaves most like the rest of the Westside.
The harbor is why all of it exists. Marina del Rey holds more than 4,600 boat slips across 22 anchorages on roughly 807 acres, about half underwater, making it the largest man-made small-craft harbor in North America (Marina del Rey Tourism Board, checked October 2026).
What do Marina del Rey homes for sale cost in 2026?
Houses ran a median of $3,212,000 and condominiums a small fraction of that, so the honest answer is two numbers rather than one. Over the 12 months to October 1, 2026 (market data):
Marina del Rey, 12 months to Oct 1 2026 | Single-family houses | Condominiums |
|---|---|---|
Median sale price | $3,212,000 | see note below |
Sale price range | $1,210,000 to $8,300,000 | $385,000 to $4,850,000 |
Median price per square foot | about $997 | broadly similar |
Median share of asking price | 96.5% | 99% across the wider market area |
Sales in the period | 25 | several times that |
Listed as of Oct 1 2026 | 24 | roughly 100 |
Source: my Marina del Rey market data as of October 1, 2026, underlying data CRMLS, filtered to addresses inside the city. Note on the condo column: the condominium sale set runs past the 100-record limit I can read directly, so I have given the observed range and count rather than a precise median I cannot stand behind. For a server-calculated figure, the MLS market area reported a median sale of $1,250,000 over the 30 days to October 1, 2026, though that area takes in some Mar Vista and Venice addresses.
Two practical readings of those October 1, 2026 figures (market data). A buyer with $1 million to $1.5 million is shopping condominiums, full stop, and has real choice. A buyer above $3 million is shopping a market of roughly two dozen houses and should expect to wait for the right one rather than choose from a shortlist.
Why do published Marina del Rey medians look so low?
Because most of them blend the two markets, and several also blend in neighbouring cities. This is the single most common way buyers get a wrong impression of Marina del Rey, and it is worth understanding before you rely on any figure.
Three things go wrong:
Condos outnumber houses heavily, so a blended median lands close to the condo market and well below what a house costs. Against the $3,212,000 house median for the 12 months to October 1, 2026 (market data), a buyer reading a $1.2 million blended figure and shopping for a house is off by roughly $2 million.
MLS market areas are drawn wider than city lines. The Marina del Rey search area takes in Mar Vista and Venice addresses, which have a different mix and different prices.
Index figures blend everything. The Zillow Home Value Index put the typical Marina del Rey home at $1,329,106 on August 31, 2026, down 1.6% year over year and 14.6% below its July 2022 peak. That is an all-homes index, so it is weighted toward the condo stock and is not a guide to house prices.
None of those sources is wrong. They answer a different question than the one most buyers are asking. When someone tells me the Marina del Rey median, my first question is which market, and over what area.
What is a ground lease, and how do I check the one under a listing?
A ground lease means you buy the building and lease the land beneath it, here from Los Angeles County, for a fixed number of years. When the lease ends the land reverts to the County, and what happens to the improvements depends on that specific lease.
The County owns the ground under much of the harbor and leases it under long-term ground leases, a structure authorized by California Government Code sections 25536 and 25907 and administered by the County Department of Beaches and Harbors, whose parcel-by-parcel lease register I last read in October 2026. More than fifty parcels are listed there by number and name, and some run deep into the century: Parcel 8T carries a lease to June 7, 2051.
What I will not tell you is that one property type is always leasehold and the other always fee simple. That is a common shorthand and it is not reliable. The only way to know is to check the specific property. Here is what I read, in order, before a client writes an offer:
Is this fee simple or leasehold? The listing does not always say plainly. The preliminary title report does.
If leasehold, how many years remain? This drives both value and financing.
What is the ground rent today, and how does it escalate? It sits on top of HOA dues, and the escalation schedule matters more than the current figure.
What does the lease say happens at expiration? Terms vary by parcel. Read the one governing your building.
Will a lender finance it? A short remaining term narrows your lender pool, which narrows your future buyer pool.
None of this is exotic. It is unfamiliar, and unfamiliar is where people lose money.
Is it a good time to buy in Marina del Rey?
For a house, you are buying into scarcity, and houses sold at a median 96.5% of asking over the 12 months to October 1, 2026, so there has been room to negotiate (market data). With 24 listed and about two selling a month, the constraint is supply rather than competition. The right move is to be ready when the right one appears, not to expect a choice of five.
For a condominium the picture is different. Roughly a hundred units are available, the wider market area closed at a median 99% of asking with a median 60 days on site as of October 1, 2026 (market data), and the Zillow index shows the segment below its 2022 peak. That combination favours a prepared buyer who has done the lease homework.
I am not going to tell you the market has bottomed, because I do not know and neither does anyone quoting you a forecast. What I will say is that the risk here is rarely about timing. It is about buying a short-term leasehold without understanding the term, which is a diligence failure rather than a market one, and it is avoidable.
Who is Marina del Rey right for?
Marina del Rey suits buyers who want low-maintenance coastal housing with immediate water access and short travel times, and who do not need a large yard.
You can keep a boat where you live, which is genuinely rare and is why I ended up here. LAX is roughly fifteen minutes away without traffic, which matters if you travel for work. Much of the housing is lock-and-leave, so a second home or a frequently empty primary does not become a maintenance project. The harbor path, the restaurants along the main channel and the Ballona wetlands are walkable or a short ride.
What you trade away is land. Even the houses sit on compact lots by Westside standards, and the condominiums have no yard at all. If a detached house on a real lot is the requirement, I will point you inland rather than sell you something that will not fit your life. For the geography block by block, see my Marina del Rey neighborhood guide, and what to do here at night is the version I give visiting clients.
How should I search for Marina del Rey homes for sale?
Decide which of the two markets you are in before you look at a single listing, then filter by lease structure before price. That is the reverse of how every portal sorts, and it is why two apparently identical condos carry very different numbers.
My working method is simple. Pull everything in your band, split it into fee simple and leasehold, and note the remaining term beside each leasehold address. The cheap ones are usually cheap for a reason you can now name, and one or two are genuinely underpriced relative to their term. Those are the showings worth your Saturday.
Two habits save money here. Check the city on every comparable before you lean on it, because a Mar Vista sale tells you little about a Via Dolce condo. And read the HOA package properly: dues run higher than inland comparables because the buildings carry harbor-adjacent maintenance, and reserve studies vary widely between complexes built in the 1970s and those built after 2000. If you are comparing against other Westside options, my Westside valuation guide covers how I price across markets that do not trade alike, and what is considered the Westside sets Marina del Rey against its neighbours.
Ready to see what is actually on the market?
I sell in Marina del Rey because I live in Marina del Rey. I serve as the 100th Commodore of the California Yacht Club, which sits in this harbor, and my family has been on the Westside for five generations. When I tell you a building's lease is a problem, it is because I have read it.
Tell me which market you are in, houses or condominiums, and send me the addresses you are weighing. I will tell you which are fee simple, which are leasehold, and roughly how many years are left on each before you spend a weekend touring. Call me at 310-595-5181 or get in touch here.
Monica Antola, Antola Coastal Group at Compass. Verify my license anytime through the state: California DRE# 01826288.
Frequently Asked Questions
How much does a single-family house cost in Marina del Rey?
A median of $3,212,000 over the 12 months to October 1, 2026, across 25 recorded sales, with a range of $1,210,000 to $8,300,000 and a median of about $997 per square foot (market data, CRMLS). As of October 1, 2026 there were 24 houses listed, at a median asking price of $3,350,000. This is a small, scarce market, so individual prices vary widely with position and proximity to the water.
Are there single-family homes in Marina del Rey, or only condos?
Both. Houses are concentrated on the Silver Strand and the Marina Peninsula, and 25 of them sold in the 12 months to October 1, 2026. Condominiums are the far larger market by volume, with roughly a hundred listed at any time. Any single month can pass with no house sales at all, which is why short-window snapshots make Marina del Rey look condo-only when it is not.
Why is the Marina del Rey median price so much lower than other Westside cities?
Mostly because the published medians are weighted by the condominium stock, which heavily outnumbers houses. The Zillow Home Value Index, an all-homes measure, put the typical Marina del Rey home at $1,329,106 on August 31, 2026, while houses alone ran a median of $3,212,000 over the 12 months to October 1, 2026 (market data). Those describe two different markets. Published MLS market areas also take in some Mar Vista and Venice addresses, which shifts the figure again.
Are all Marina del Rey condos on leased land?
No, and you should not assume it either way by property type. Marina del Rey contains both fee-simple and leasehold property, and the two can sit within sight of each other. Los Angeles County owns the ground under much of the harbor and leases more than fifty parcels, with every lease published on the County Beaches and Harbors site. Confirm the structure for the specific property through the preliminary title report rather than the marketing copy.
Does a ground lease make a property harder to finance?
Generally yes, and it gets harder as the remaining term shortens. Lenders weigh the years remaining against the loan term, and fewer lenders will write on a short lease. That matters twice: once when you buy, and again when you sell to someone who needs a loan of their own.
Can I get a boat slip with a home in Marina del Rey?
Sometimes, and it depends on the building. The harbor holds more than 4,600 slips across 22 anchorages (Marina del Rey Tourism Board, checked October 2026), but slips are generally leased separately from residences and availability by size varies. Some complexes have dedicated slip access, some maintain waitlists, some have no arrangement at all. Ask before you assume, particularly if a specific boat length is the reason you are buying here.