From all of us Real Estate in Mahattan Beach .com, Vista Sotheby’s International Realty and Keith Kyle Homes, we wanted to wish you and yours a very happy Holiday season. Definitely our favorite time of year (although summer’s not so bad)
Enjoy this wonderful time of year!Real Estate in Manhattan
Welcome to the Manhattan Beach real estate market update for October.
It was a fairly slow month in terms of the number of closed escrows with only 11 home sales in October. Compare that to the number of homes that sold in September at 28 and 35 in August.
The average “asking price” in October was $3,496,182 with the average sold price at $3,423,670 compared to $3,275,107 in September.
The average price per square foot was down from August and was $1430 in September. Homes averaged only 21 days on market before going into escrow.
Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Beachfront Home in El Porto (North Manhattan) hits the market
Listed for $12,500,000
The latest beachfront home to hit the market is a 3 level single family on a 33 x 105 foot lot in the north Manhattan sand section. This area called north Manhattan, is more commonly known as El Porto.
The home was built in 2000 and offers an impressive 4,354 square feet with a private apartment as well.
The location affords some big views from each level.
The one challenge is that this part of the Strand sits behind the beach lot so there’s often a flurry of activity out front due to the beach access and popular surf spot. Althought that can be a bit of a challenge, it’s location just about as far north as you can get in Manhattan Beach does make for a much shorter commute than anything else in Manhattan, Hermosa or Redondo.
4308 The Strand, Manhattan Beach, CA 90266 – $12,500,000
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Information from sources other than the Listing Agent may have been included in the MLS data.
Although this was on the market earlier this year, the newest home to hit the beachfront market is a top floor condo at 4406 The Strand Manhattan Beach. This Strand home had been on the market earlier this year listed at $5,249,000 and is now listed at a far more attractive $4,795,000.
This Manhattan Strand condo offers 3 bedrooms, 2.5 bathrooms and approximately 2,138 square feet.
As this is one of the furthest north properties on The Strand in El Porto is is a bit busier with the beach parking lot below so it’s not always quite as tranquil as beachfront properties can be. The El Porto location is a bit of a challenge but does have one advantage over more southern properties and that is a reduction in drive time for commuters. It also happens to be right at a great surf break so ideal for any surfers out there.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
June picked up the pace a bit in terms of the actual number of home sales with 28 homes selling during the month….compared with 25 in both May and April.
The average asking price during the month was an incredible $3,720,714 with the average sold price at $3,646,310.
Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
New Construction SFR Hits the Market in the Tree Section
Listed at $6,299,000
While the market may be slow and inventory way down, there’s a new listing that just hit the market in the Manhattan Beach tree section at 750 29th Street.
This luxury single family home offers 3 levels all accessible with the 3 stop elevator which is still a bit of a rarity in the tree section. 2022 construction means all the bells and whistles of high end new construction in Manhattan Beach. It’s a fairly typical layout with a lower level great room/basement, main floor living areas plus bedroom and the remainder of the bedrooms are on the top level.
The home offers 6 spacious bedrooms….each with en-suite baths along with an additional office and 2 luxurious powder rooms. The open layout offers bright and spacious interiors lead out to the beautiful yard and perfect for the casual yet elegant Manhattan Beach lifestyle.
View all of the current homes for sale in the Manhattan Beach sand section
Home Basics
6 bedrooms all with private en suite baths
8 bathrooms
4,835 square feet of living space (BTV)
4,803 square foot lot in the tree section
New construction 2022
Listed at $6,299,000
Listed by Lynne Lear -Pacifica Properties Group, Inc.- 310-374-0303
750 29th Street, Manhattan Beach, CA 90266 – For Sale at $6,299,000
Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
It’s the holiday season…..and things kicked off last night with the 33rd annual open house and pier lighting in Manhattan Beach. The weather was great and it was a fantastic event. We hope you enjoyed it!
The average price of the homes that sold during the month was an incredible $4,241,012.
September was a much slower month in terms of the actual number of home sales with only 19 homes selling during the month….down from 24 in August which was already down from prior months.
The average asking price during the month was an incredible $4,235,474 with the average sold price at $4,241,012.
19 Home Sales in Manhattan Beach During September 2022
Home Type
Address
Sold Price
$ Per foot
Bed/Bath
Sq Feet
Year Built
SFR
321
20th PL
$2,516,000
$1,344
4/2,0,1,0
1872/A
1961/ASR
TWNHS
2604
Alma AV
$5,100,000
$1,961
4/2,1,1,0
2601/D
2022/BLD
SFR
1404
Manhattan AV
$5,150,000
$5,926
2/2,0,0,0
869/A
1936/ASR
TPLX
424
20th ST
$7,650,000
$1,260
8/8,0,2,0
6073/A
1978/ASR
SFR
312
17th ST
$8,000,000
$2,270
3/3,0,1,0
3524/A
2011/SEE
SFR
333
17th Street
$9,500,000
$2,066
4/5,0,1,0
4599/A
2019/ASR
SFR
2412 N
Ardmore AV
$1,748,225
$1,884
2/1,0,0,0
928/A
1947/PUB
SFR
640
33rd ST
$2,600,000
$1,520
4/3,0,0,0
1710/A
1947/ASR
SFR
2213 N
Valley DR
$3,275,000
$1,137
4/3,0,0,0
2880/A
1978/ASR
SFR
593
26th ST
$3,470,000
$1,645
3/2,0,2,0
2110/A
1951/ASR
SFR
2317
Pine AV
$3,495,000
$1,338
4/3,0,0,0
2613/A
1963/PUB
SFR
2310
Laurel Bluff
$3,500,000
$954
4/3,0,0,0
3667/P
1991/PUB
SFR
3112
Maple AV
$4,100,000
$1,224
5/4,0,0,0
3350/B
2005/ASR
SFR
849
12th CT
$4,750,000
$1,346
5/5,0,1,0
3528/A
2019/PUB
SFR
1145
Fisher AV
$5,400,000
$1,077
5/6,0,0,0
5014/T
2008/ASR
SFR
1630
Marine Av
$1,725,000
$1,027
3/1,1,0,0
1680/A
1952/ASR
SFR
1340
Marine AV
$2,100,000
$1,023
3/2,0,1,0
2053/A
1948/PUB
SFR
1351
17th ST
$3,100,000
$993
4/3,0,1,0
3122/E
1992/EST
SFR
2004
Manzanita LN
$3,400,000
$1,110
5/3,0,1,0
3062/A
1997/ASR
Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.