Oceanfront “Strand” Home Inventory Continues to Increase

By Keith Kyle

In a real estate market dominated by huge demand and record low inventory, the luxury homes of the Strand in Manhattan and Hermosa Beach continue to buck the trend. While prices on these priced oceanfront homes continues to skyrocket, buyers for this luxury product are obviously in short supply as the inventory continues to mount.  Contact us for more information about these homes or visit our  Strand homes for sale page for the latest oceanfront listings.

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

It’s a Fine Line Between Just Sold and Still on the Market

By Keith KyleManhattan Beach Modern Houses

It sometimes amazes me just how fine a line it is between receiving multiple offers and having a home sit on the market.  As perception is such a big part of real estate, buyers often clamor to the newest listing.  I’m frequently asked how many offers we already have and are we going to wait a few days before responding to all of the offers.  Much of the time I’ll have several agents tell me it’s well priced and “perfect” for their clients and they’ll likely be writing an offer……

 

…..and then nothing comes in.  In our hot real estate market in Manhattan Beach it can sometimes take less than 10 days for the perception on the same home to go from hot new listing, to why is it still on the market.  We often go from thinking there will be multiple offers over list price, to almost no real interest in just a matter of days.  In this crazy market if it doesn’t sell immediately you just may have missed to boat.  The usual important details such as price, marketing and presentation are, of course, critical but we don’t always have control over whether it sells in the first few days and how it quickly goes from a “hot” new listing to luke warm at best.

Are We Seeing Too Many New Construction Homes in the Tree Section?

By Keith Kyle750 30th Street Manhattan Beach

With an abundance of new construction homes on the market and many projects currently underway, can the demand for these luxury homes be sustained?

The abundance, and possible over abundance, of new construction homes in the tree section of Manhattan Beach seems to have no end in sight as there are a number of projects nearing completion to add to an already over crowded market.  Currently there are 5 new construction homes on the market with an additional 3 currently in escrow.  Only time will tell if the demand will keep up with the supply of current listings and the projects nearing completion in this pocket of Manhattan Beach.  View the current Manhattan Beach tree section homes for sale.

New_Construction_Homes_in_the_Tree_Section

Homes_in_the_Tree_SectionCurrent Tree Section Homes for Sale

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New Ocean View Walkstreet Home at 232 6th Street

By Keith Kyle232 6th Street Manhattan Beach

Listed by Ray Joseph of Palm Realty, the home at 232 6th Street offers big views and an ideal location.  Located on a prime south Manhattan Sand section walk street, the home was just completed and is priced at $7,599,000 down from it’s original price tag of $9,000,000 and offers 5 bedrooms, 7 baths, 4319 square feet.

We're sorry, but we couldn't find MLS # SB16037814 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

No Place Like Home for Holidays – But Not Too Many Homes To See

There may be no place like home for the holidays, but if you’re hoping to visit open houses in Manhattan Beach this 116-25th-Street-Manhattan-Beachweekend there won’t be too much to see.  The open houses in the Beach Cities and South Bay are just as limited as things slow down for the holidays.

Here’s the open houses in Manhattan Beach this weekend.

 

Days Hours Address Details Price
Sun 1-4pm 36 Malaga Place E, Manhattan Beach 3 BD, Manhattan Village $1,425,000
Sat 1-4pm 461 S. Prospect, Manhattan Beach 4 BD, 3.5 BA, 8,714 SF Lot $1,900,000
Sun 1-4pm 1765 Curtis Ave., Manhattan Beach 5 BD, 3.75 BA, 3,873 SF $2,195,000
Sun 2-4pm 907 Harkness, Manhattan Beach Nice East Manhattan Home $2,295,000
Sat/ Sun 1-4pm 1304 Lynngrove Dr., Manhattan Beach 5 BD, 5.5 BA, New Construction $2,999,900
Sun 1-6pm 201 Larsson St., Manhattan Beach 4 BD, 4 BA, Ocean & City Views $3,399,000
Sat/ Sun 2-4pm 756 36th St., Manhattan Beach New Construction Coastal Plantation Style Home,
6 BD, 6.5 BA
$3,579,000

Foreclosures in Manhattan Beach?

By Keith Kyle

While Manhattan Beach was fairly well insulated from the market downturn and housing market collapse a few years ago, we have seen a few bank owned and preforeclosure properties lately.  Since July 1st there have been three “distressed” properties on the MLS.  These are not your usual foreclosures as prices are well over $1,500,000, but it’s still a very rare occurrence in this community of luxury homes and multi million dollar properties.

Manhattan_Beach_Foreclosures_2015

 

Currently there is only one short sale on the market located at 1127 5th St in East Manhattan beach.  Contact us if you would like to be updated with any of these rare foreclosure opportunities in the future.  To see a list of the foreclosures in other cities including Redondo Beach, Palos Verdes, Torrance and more.

205 20th Street – Manhattan Beach Walkstreet Luxury Home For Sale

Brand new to the market, this contemporary home, designed by Louie Tomaro, and built in 2014, offers the best in 205-20th-Manhattan-Beach-Homesluxury coastal living.  Located just a few blocks from the heart of downtown Manhattan Beach, this stunning home offers beautiful open spaces to take full advantage of the seamlessly integrated indoor and outdoor living.  Offering beautiful ocean vistas this home is sure to impress.

Contact us for a private showing of this beautiful walkstreet home in the Manhattan Beach sand section.

We're sorry, but we couldn't find MLS # SB15129473 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

1800 Via Estudia – Luxury Remodel in Lunada Bay

By Keith Kyle1800 Via Estudia Living room

Welcome to 1800 Via Estudia, the newly listed and completely remodeled home in the Lunada Bay area of Palos Verdes Estates.  This is a beautiful home with 0ver 2500 feet combining a Spanish inspired design with all of the amenities that luxury home buyers expect in this wonderful neighborhood.

We're sorry, but we couldn't find MLS # PV15120718 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Think you can’t have it all? Off Market Listing at 2104 Palm Ave in Manhattan Beach

One thing the Manhattan Beach homes don’t always offer the luxury home buyer is space.  There are the occasional oversized lots in the hill section but 2104 Palm Manhattan Beach other than that there just isn’t just much in the way of the great outdoors.

That’s certainly not the case with the rare opportunity offered at 2104 Palm Ave in the tree section of Manhattan Beach.  Currently off market and not on the MLS, this home sits on two adjacent lots offering a beautiful home and not only a yard, but a yard that most local soccer teams would be envious of.  The home itself offers almost 4500 square feet, 5 bedrooms, 6 baths and the combined lot size is almost 10,000 feet which is almost unheard of in this part of town.  Built in 2006, the home has been meticulously maintained and updated and offers a pool and spa in addition to the best sports court that you can imagine.  Not currently on the market, the home is for sale at $7,999,000 with listing agent Greg Maffei of Re/Max.

The home can be shown to qualified buyers.  Please contact us for a private showing and find out more about this very rare opportunity.  Contact us to see other Manhattan Beach pocket listings and off market homes before they hit the market.

Luxury Homes Dominate the Market in Manhattan Beach for April 2015

By Keith Kyle612 John Street

April was a big month in Manhattan Beach with both the average home price and median home price topping $2,000,000.  The month saw 31 home sales of which the lowest priced home was $699,000 for a 2 bedroom condo while the biggest sale of the month was a Strand listing at $6,475,000.  Only 2 homes sold below $1,000,000 while the luxury market is clearly thriving with 17 homes topping the $2,000,000 threshold.   See the current homes for sale in Manhattan Beach or see other home sales and prices throughout the South Bay.

MLS TYPE
 
ADDRESS  PRICE  BED/BATH AGE SQFT
SB15040916 SFR/D
462
36th PL  $          1,255,500 2/2,0,0,0 1934/ASR 1150/T
SB15018876 TWNHS/A
3101
Alma AV  $          2,150,000 3/3,0,1,0 2005/EST 1870/A
SB14233026 SFR/D
3016
Alma AV  $          2,250,000 3/2,1,0,0 1936/ASR 1850/A
SB14241757 TWNHS/A
229
Rosecrans PL  $          2,565,000 3/3,0,1,0 2014/BLD 2331/AP
SB15062777 TWNHS/D
305
8th ST  $          2,990,000 3/3,0,1,0 2002/ASR 2285/A
14777865 TWNHS
112
23RD PL  $          2,995,000 3/4,0,0,0 2001 1946/A
SB15025290 TWNHS/D
2412
Alma AV  $          3,100,000 3/3,0,1,0 2005/ASR 2400/A
SB15036116 SFR/D
328
6th ST  $          3,315,500 2/2,0,0,0 1947/ASR 1300/A
SB15031417 SFR/D
4414
The Strand  $          6,475,000 9/6,0,0,0 1969/ASR 4401/A
SB15046398 SFR/D
1405
Oak AV  $          1,300,000 2/1,0,0,0 1952/ASR 794/A
SB15067121 SFR/D
2001
Oak AV  $          1,410,000 2/1,0,0,0 1941/ASR 846/A
SB15052111 SFR/D
2209
Oak AV  $          1,410,000 3/2,0,0,0 1948/ASR 1175/A
SB15028856 SFR/D
845
Marine AV  $          1,684,100 3/1,1,1,0 1951/ASR 1533/AP
SB15013850 SFR/D
2913
Elm AV  $          1,800,000 5/2,1,0,0 1963/ASR 2600/A
SB15028802 SFR/D
1944 N
Ardmore AV  $          2,000,000 3/2,0,0,0 1956/ASR 2158/A
SB15004582 SFR/D
3413
Elm AV  $          2,100,000 4/3,0,1,0 1981/ASR 3412/AP
SB15068499 SFR/D
839
Marine AV  $          2,225,000 5/3,0,0,0 1950/APP 3614/A
SB15054726 SFR/D
3408 N
Poinsettia AV  $          2,565,000 5/4,0,0,0 2000/ASR 3155/A
SB15009398 SFR/D
1801
Palm AV  $          2,900,000 5/1,3,1,0 2000/ASR 3893/A
SB15054168 SFR/D
861
8th ST  $          2,525,000 2/1,0,0,0 1950/ASR 1232/A
SB15039834 TWNHS/A
31
Coronado CT  $          1,250,000 3/1,1,1,0 1987/ASR 1916/A
SB15060209 SFR/D
52
Village CR  $          2,325,000 4/1,2,1,0 1983/ASR 3263/A
SB15025842 SFR/D
1551
23rd ST  $          1,440,000 3/2,0,0,0 1968/ASR 2046/A
SB15046172 SFR/D
1501
23rd ST  $          1,460,000 4/2,1,0,0 1969/ASR 2678/A
SB15057862 SFR/D
1909
Magnolia AV  $          2,798,000 5/5,0,1,0 2006/ASR 3767/A
SB15080582 CONDO/A
1501
Artesia BL #4  $              699,000 2/3,0,0,0 1978/ASR 1193/A
15820107 SFR/D
107 N
AVIATION  $              900,000 3/1,0,0,0 1950 952
SB15049184 SFR/A
1160
11th ST  $          1,350,000 4/2,0,0,0 1949/ASR 1205/A
SB15050764 SFR/D
1727
Curtis AV  $          1,749,000 3/2,0,1,0 2015/SEE 2172/A
SB14211094 SFR/D
1846
6th ST  $          1,910,000 4/2,0,1,0 1979/APP 2544/A
SB15046439 SFR/D
1501
10th ST  $          2,550,000 4/3,0,1,0 2001/ASR 3685/A