Manhattan Beach Townhomes Not Always Priced Lower

By Keith Kyle

When many buyers start their search they always start with thoughts of the perfect home.  Usually reality hits quickly and compromises have to be made.  One of the common compromises that people often decide on is that they would be willing to purchase a townhome instead of a single family home.  The thought is that a townhome will be bigger, newer and in a better location than an equally priced single family, and that it will be the most affordable way of finding homes in this coastal community……

That’s not always the case in the luxury market of Manhattan Manhattan Beach sand section homesBeach. 

Due to the zoning in Manhattan Beach in which most areas only allow for 1 dwelling on a lot, most townhomes are built and sold in the sand section.  This area is closest to the beach, and the most sought after in Manhattan Beach.  As everyone’s image of life at the beach includes ocean views, short walks to the beach, and the sounds of the surf…..this is where everyone wants to live and is priced accordingly.

Luxury home buyers are often surprised that townhomes are not a far less expensive option, but as the bulk of the townhome options in Manhattan are in the priciest neighborhood they yield some pretty remarkable prices.  This isn’t to say that they are not considerably less expensive than the single family next door, but compared with prices in Manhattan Beach as a whole, they are higher than expected.  Other than the sand section, zoning really only allows townhomes on a few of the busier streets throughout the city and there just are not that many opportunities to purchase them as the supply is so limited.

  1. 2 beds, 3 baths
    Home size: 1,396 sq ft
    Lot size: 5,662 sqft
    Year built: 1979
    Days on market: 14
  2. 3 beds, 3 baths
    Home size: 2,278 sq ft
    Lot size: 871 sqft
    Year built: 1976
    Days on market: 16
  3. 4 beds, 4 baths
    Home size: 2,510 sq ft
    Lot size: 3,484 sqft
    Year built: 2007
    Days on market: 16
  4. 4 beds, 4 baths
    Home size: 2,637 sq ft
    Lot size: 3,049 sqft
    Year built: 2017
    Days on market: 17
  5. 3 beds, 4 baths
    Home size: 1,772 sq ft
    Lot size: 2,613 sqft
    Year built: 2003
    Days on market: 21
  6. 2 beds, 2 baths
    Home size: 1,450 sq ft
    Lot size: 3,484 sqft
    Year built: 1987
    Days on market: 22
  7. 4 beds, 4 baths
    Home size: 2,350 sq ft
    Lot size: 3,049 sqft
    Year built: 2007
    Days on market: 28
  8. 4 beds, 4 baths
    Home size: 2,675 sq ft
    Lot size: 3,328 sqft
    Year built: 2017
    Days on market: 30
  9. 2 beds, 2 baths
    Home size: 1,449 sq ft
    Lot size: 4,791 sqft
    Year built: 1985
    Days on market: 49
  10. 3 beds, 4 baths
    Home size: 1,900 sq ft
    Lot size: 2,693 sqft
    Year built: 2008
    Days on market: 56

See all Real estate in the city of Manhattan Beach.
(all data current as of 6/28/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.