Strong Home Sales in Manhattan Beach In November

Manhattan Beach saw yet another strong month in home sale and home prices in November of 2017 with 35 homes sales at a median home price of $2,300,000.  This was well over the November of 2016 median price of $1,863,000 but well below the numbers for October 2017.

The lowest price home sale of the month was a smaller single family home on Rosecrans which closed at $1,250,000 with the highest price sale cosing at $9,400,000 for a single family home at 712 John in the Manhattan Beach hill section.  This home had been on the market originally at $11,995,000.

See the current homes for sale in Manhattan Beach or see the recent Manhattan Beach home sales.

City Homes
Sold
November
2017  Median
November
2016  Median
Year over Year % Change%
Carson 49 $476,000 $450,000 5.9%
El Segundo 12 $1,243,000 $816,000 52.3%
Gardena 52 $533,000 $504,000 5.7%
Harbor City 10 $555,000 $523,000 6.1%
Hawthorne 30 $577,000 $575,000 .3%
Hermosa Beach 20 $1,550,000 $1,380,000 12.3%
Lawndale 18 $515,000 $393,000 31.2%
Lomita 11 $599,000 $473,000 26.8%
Long Beach 318 $510,000 $490,000 4%
Manhattan Beach 35 $2,300,000 $1,863,000 23.5%
Marina Del Rey 33 $925,000 $955,000 -3.1%
Palos Verdes Estates 27 $1,510,000 $1,550,000 -2.6%
Playa Del Rey 21 $710,000 $658,000 7.9%
Rancho Palos Verdes 31 $1,108,000 $1,088,000 1.8%
Redondo Beach 79 $955,000 $900,000 6.1%
San Pedro 55 $550,000 $515,000 6.8%
Torrance 117 $700,000 $656,000 6.6%
Westchester 35 $1,015,000 $943,000 7.6%

417 and 421 Paseo De La Playa – Manhattan Beach Oceanfront Strand Alternative

While $25,000,000 is a list price that we occasionally see in Manhattan Beach, it really takes something special to come on the market in

this rarified air anywhere else.  Something special it is, however.  While the price is staggering for the Hollywood Riviera, there’s no disputing that the home (s) being sold at 417 Paseo De La Playa are pretty incredible.  The lots along Paseo De La Playa are already huge as they extend all the way to the beach but in this case there’s not one, but two separate parcels for sale.  What also makes this compound type property unique is the beach access.  It can take years to go through the California coastal process of trying to get beach access and it’s often denied.  In this case there’s not only beach access but a private volleyball court!  Here’s information from listing agent Chris Adlam of Vista Sotheby’s International.

With over 62,000 square feet of beach-front property on TWO SEPARATE PARCELS, this dramatic compound is almost impossible to duplicate. The main house (417 Paseo de la Playa) is over 10,000 square feet of exquisite living area, and the “companion house” (421 Paseo de la Playa) has over 5,500 square feet. Both homes are located behind gated entrances, both with direct access to the sand, a spectacular pool & spa, a private sand volleyball court, and a large yard. The views span from Palos Verdes through the beach cities, including the entire Santa Monica Bay.

We're sorry, but we couldn't find MLS # PV17206016 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Price Out of The Strand? Redondo Beach Oceanfront Home at 617 Paseo De La Playa

For many luxury home buyers the recent significant increase in home prices may have priced the out of the market for beachfront homes along Paseo De La Playa viewsThe Strand in Manhattan and Hermosa Beach.   There are alternatives, however, and there are ways of living oceanfront in the Beach Cities just a short drive away.

Located on the bluff in the charming neighborhood of Hollywood Riviera, the new listing at 617 Paseo De La Playa has a view and location that may be second to none.  With fantastic coastline views from Palos Verdes to Malibu, the home sits on a huge lot that extends all the way to the sands of Torrance Beach.  The home itself has been updated throughout the years but still has a fairly original feel.  The home features 4 bedrooms, 2 1/2 baths at 3100+ square feet.  From the moment you enter the home you’re absolutely struck by the views.  The home came on the market at a fairly hefty $4,495,000 but was recently dropped to $4,299,000.  Formerly a FSBO priced at $4,350,000 the home didn’t sell which wasn’t a surprise given that homes rarely sell as for sale by owner properties.  Contact us or call/text for more information.

Manhattan Beach and Surrounding Communities

By Keith Kyle

The South Bay has something to offer everyone in just about every price range.  In general prices are at the highest in Manhattan Beach and tend to decrease the further away you get.  Click on any of the city links below to see more information on these communities, what they have to offer in terms of homes and real estate, and the latest listings.