While Home Inventory Remains Low…Oceanfront Strand Homes Buck the Trend

Over the past few years, the Manhattan Beach real estate market has been driven by low inventory and high demand.  Homes generally sell fairly quickly but the ultra luxury market of oceanfront homes, known in Manhattan Beach as the Strand is a vastly different situation.  Currently there are 7 oceanfront homes or properties for sale on the Manhattan Beach Strand.  As of 9/29/18 there are 7 homes for sale on the beach which is pretty incredible given the limited number of homes in general.  The median days on market for these homes is 79 with the average days on market a whopping 241.

Current Manhattan Beach Oceanfront Strand Homes

Current Manhattan Beach Housing Inventory on 2/23/18

Current Manhattan Beach Housing Inventory as of 2/23/18.  There are current 90 active homes and income properties for sale in ManhattanBeach CA with a median home price of just over $2,924,000 and an average list price of just over $4,644,000.  The highest priced home is $23,995,000 for a double lot beachfront home/property at 2722 The Strand, with the least expensive home priced at $880,000 for a 2 bedroom condo at 644 Manhattan Beach Blvd.  See how this compares with recent months and years on our Manhattan Beach real estate trends and statistics page.

Sand Section

View current homes for sale in the Manhattan Beach tree section

MLS # Type   Address  Price 
Bed/Bath
Square Feet
Year
Date on Market
SB18035467 RES 2819 Vista DR  $         1,800,000
2/1,0,0,0
600/A
1938/ASR
2/14/2018
SB18024932 RINC 1613 Highland AV  $         1,849,000
/
1125/
1935/ASR
2/1/2018
SB18024808 RES 1613 Highland AV  $         1,849,000
2/2,0,0,0
1125/A
1935/ASR
2/1/2018
SB18013511 RES 761 Manhattan Beach BL  $         2,145,000
2/2,0,1,0
1853/E
2018/ASR
1/18/2018
SB18029386 RES 528 24th ST  $         2,149,000
2/2,0,0,0
1200/E
1948/ASR
2/7/2018
SB18035359 RINC 2820 Alma AV  $         2,195,000
/
928/
1938/ASR
2/14/2018
SB18013585 RES 756 Center PL  $         2,275,000
3/2,0,1,0
2182/AP
2017/BLD
1/18/2018
SB18005994 RES 3105 Vista DR  $         2,345,000
3/4,0,0,0
2406/A
2003/ASR
1/10/2018
18316032 RES 3612 ALMA AV  $         2,495,000
4/3,0,1,0
2510/
2006
2/15/2018
SB18026414 RES 3215 Vista DR  $         2,499,000
3/3,0,1,0
2400/E
2014/EST
2/3/2018
SB18039920 RES 123 44th ST  $         2,500,000
3/3,0,1,0
1713/A
1999/ASR
2/22/2018
SB18013827 RES 319 34th Place  $         2,599,000
3/1,2,1,0
2001/D
2017/BLD
1/18/2018
SB17168299 RES 225 38th ST  $         2,650,000
3/3,0,1,0
2270/O
1989/PUB
7/22/2017
SB18041204 RES 421 23rd ST  $         2,695,000
3/3,0,1,0
2344/B
2006/ASR
2/21/2018
SB18034963 RES 128 1st PL  $         2,699,000
3/1,2,1,0
1836/A
2000/ASR
2/20/2018
SB18037612 RES 501 8th ST  $         2,795,000
3/2,0,0,0
2064/A
1958/ASR
2/19/2018
SB18036673 RES 616 Highland AV  $         2,899,000
3/3,0,1,0
2131/A
1999/ASR
2/15/2018
SB18030308 RINC 3621 Alma Avenue AV  $         2,899,000
/
2515/
1961/ASR
2/8/2018
SB18007504 RES 3621 Alma Avenue AV  $         2,899,000
4/3,0,0,0
2515/A
1961/ASR
1/11/2018
SB18028282 RES 452 27th ST  $         3,150,000
5/3,0,1,0
3851/A
1990/ASR
2/6/2018
SB17179236 RES 88 Manhattan AV  $         3,500,000
3/4,0,0,0
2157/A
1996/ASR
8/3/2017
SB18037772 RES 333 7th ST  $         3,799,000
3/2,0,0,0
1356/A
1946/ASR
2/21/2018
SB17213603 RINC 323 23rd ST  $         3,850,000
/
3118/
1992/APP
9/14/2017
SB17213575 RES 323 23rd ST  $         3,850,000
5/4,0,1,0
3118/SEE
1992/ASR
9/14/2017
18310930 RES 316 10TH ST  $         3,900,000
4/3,1,1,0
4117/
2003
2/6/2018
SB18029403 RES 465 36th PL  $         3,995,000
5/6,0,0,0
4289/B
2017/BLD
2/7/2018
17287502 RES 441 1ST ST  $         3,995,000
5/4,0,1,0
4676/
2004
11/8/2017
SB18034049 RES 433 26th ST  $         3,999,000
5/4,0,0,1
4247/A
2004/ASR
2/15/2018
RS17265844 RINC 2309 Vista DR  $         3,999,000
/
2506/
1953/ASR
11/29/2017
SB18030427 RES 432 10th PL  $         4,199,888
3/3,1,1,0
3444/A
2006/PUB
2/8/2018
SB18018196 RINC 2600 Alma AV  $         4,295,000
/
3534/
1972/ASR
1/25/2018
SB18024122 RES 2613 Crest DR  $         5,499,000
0/0,0,0,0
100/A
1935/ASR
2/1/2018
SB18013243 RES 417 5th ST  $         5,499,000
4/5,0,0,0
3624/A
2004/ASR
1/18/2018
PV18034413 RES 127 21st ST  $         5,998,000
5/4,0,0,1
2252/A
1950/PUB
2/12/2018
PV18034008 RINC 127 21st ST  $         5,998,000
/
2252/
1985/SLR
2/12/2018
SB17263084 RES 2600 Grandview AV  $         5,999,000
6/2,5,1,0
4410/E
2016/BLD
11/22/2017
SB18006012 RES 224 29th ST  $         6,200,000
5/6,0,0,0
5000/A
2001/ASR
1/12/2018
OC17166294 RES 127 16th ST  $         7,200,000
5/3,0,0,0
2157/S
1924/SLR
7/25/2017
SB17089277 RES 125 17th ST  $         7,850,000
4/3,0,1,0
4334/A
1995/ASR
4/25/2017
SB17226841 RES 130 19th ST  $         9,250,000
4/4,0,1,0
4200/B
2017/BLD
10/2/2017
SB18022233 RES 2208 The Strand  $       10,500,000
9/8,0,0,0
5193/A
1972/ASR
1/24/2018
SB18014991 RINC 2208 The Strand  $       10,500,000
/
5193/
1972/ASR
1/24/2018
SB17187123 RES 3120 The Strand  $       12,900,000
5/4,0,0,0
4200/B
1991/ASR
8/13/2017
SB16716189 RES 1140 The Strand  $       14,974,000
5/4,0,0,0
2808/A
1957/ASR
10/3/2016
SB18026669 RES 317 17th ST  $       16,995,000
6/1,6,3,0
11917/A
2014/APP
2/4/2018
17242684 RES 108 The Strand  $       17,500,000
5/7,0,0,0
/
2014
1/23/2018
17288676 RES 2722 The Strand  $       23,995,000
8/9,0,0,0
6381/T
1951/ASR
11/10/2017
17288676 RES 2722 The Strand  $       23,995,000
8/9,0,0,0
6381/T
1951/ASR
11/10/2017
ML81693016 RES 604 19th ST  $         2,950,000
5/3,0,0,0
2693/A
1932
2/19/2018

Tree Section

View Current Homes for Sale in the Tree Section

MLS # Type   Address  Price 
Bed/Bath
Square Feet
Year
Date
on Market
318000333 RES 3529 Pacific AV  $         1,599,000
2/1,0,0,0
950/A
1950/ASR
1/26/2018
SB18039506 RES 616 Rosecrans AV  $         1,695,000
3/2,0,1,0
1529/P
1941/ASR
2/21/2018
SB17263952 RES 646 Rosecrans AV  $         1,899,000
4/3,0,0,0
2535/A
2007/ASR
11/25/2017
SB18031026 RES 2512 Pine AV  $         1,899,999
4/3,0,1,0
3156/A
1982/SLR
2/8/2018
SB18015661 RES 1728 Pine AV  $         1,900,000
3/2,0,0,0
1721/A
1954/ASR
1/26/2018
SB18020223 RES 1130 Laurel Ave  $         2,275,000
3/2,0,1,0
2880/A
2009/ASR
1/26/2018
PV18037103 RES 2507 N Valley DR  $         2,450,000
4/3,0,1,0
2824/A
2003/ASR
2/16/2018
SB17240588 RES 3613 Maple AV  $         2,495,000
5/4,0,1,0
3259/AP
2012/PUB
10/23/2017
17292550 RES 3605 OAK AV  $         2,699,000
5/3,0,1,0
3250/D
2017
11/28/2017
SB18037787 RES 2404 Laurel AV  $         2,750,000
5/4,0,0,0
3371/A
1993/ASR
2/22/2018
SB18032778 RES 2309 Pacific AV  $         2,850,000
5/4,0,1,0
3351/A
2007/ASR
2/15/2018
SB17203226 RES 2504 Pine  $         2,950,000
5/4,0,1,0
3600/A
2007/ASR
9/1/2017
SB17263938 RES 1308 Walnut AV  $         2,995,000
5/4,0,0,0
3273/A
1999/ASR
11/26/2017
SB17205144 RES 2313 Pine AV  $         2,995,000
5/1,3,0,0
3876/AP
1991/ASR
9/12/2017
17256442 RES 2612 Pine Ave  $         3,495,000
5/3,1,0,0
3600/B
2017
8/1/2017
SB18041823 RES 631 14th ST  $         4,500,000
6/4,1,0,0
4424/A
2001/ASR
2/22/2018
SB18007047 RES 1901 Palm AV  $         5,299,000
5/5,0,2,0
4762/B
2018/BLD
1/12/2018

Hill Section

View the current Manhattan Beach hill section homes for sale

MLS # Type
 
Address
 Price 
Bed/Bath
Square Feet
Year
Date
on Market
18313932 RES
644
MB Blvd #11
 $880,000
2/1,1,0,0
841
1969
2/15/2018
SB18041025 RES
222
Larsson ST
 $         1,825,000
3/2,1,2,0
2455/A
1992/ASR
2/21/2018
SB18036029 RES
1018
9th ST
 $         2,350,000
5/2,0,1,0
3048/A
1974/ASR
2/15/2018
SB18030009 RES
1031
Duncan AV
 $         3,950,000
5/4,0,0,0
4200/N
2004/ASR
1/29/2018
SB18013151 RES
941
Duncan PL
 $         4,650,000
5/4,1,0,0
4182/A
1977/ASR
1/18/2018
SB18006932 RES
513
Longfellow AV
 $         5,349,000
5/4,0,2,0
5128/B
2018/BLD
2/22/2018
SB17210981 RES
915
Duncan AV
 $         5,950,000
5/5,0,2,0
4637/B
2017/BLD
9/13/2017
SB18031011 RES
108 S
Poinsettia AV
 $         6,700,000
5/5,0,1,0
4836/A
2002/ASR
2/8/2018
SB18030036 RES
100 N
Dianthus ST
 $         7,000,000
6/7,0,0,0
7060/A
1982/ASR
11/1/2017
18312846 RES
621
8th ST
 $         7,195,000
4/5,0,0,0
4869/A
1998/APP
2/20/2018

Manhattan Village

View the current Manhattan Village homes for sale

MLS # Type   Address
 Price 
Bed/Bath
Square Feet
Year
Date
on Market
SB18032831 RES
18
Malaga PL E
 $         1,310,000
3/3,0,0,0
1752/A
1984/ASR
2/14/2018
SB18026465 RES
11
Marin CT
 $         1,574,888
3/2,0,1,0
1917/A
1987/ASR
2/6/2018
SB17221399 RES
51
Sausalito CR W
 $         1,699,000
3/3,0,0,0
1819/A
1987/EST
9/26/2017

East Manhattan Beach

View the current east Manhattan Beach homes for sale

MLS # Type
 
Address
 Price 
Bed/Bath
Square Feet
Year
Date
on Market
IG18029782 RES
1457
12th ST #C
 $         1,160,000
3/2,0,1,0
1740/A
2006/ASR
2/8/2018
SW18033577 RES
1300
Harkness 
 $         1,690,000
3/2,0,0,0
1617/A
1950/PUB
2/13/2018
SB18035358 RES
1713
23rd ST
 $         1,850,000
4/3,0,0,0
2000/E
1950/ASR
2/15/2018
SB17268474 RES
1201
17th ST
 $         2,285,000
5/3,0,1,0
3538/A
1997/ASR
12/2/2017
SB18039961 RES
1525
Artesia BL #A
 $         1,149,000
3/2,0,1,0
1412/A
1998/ASR
2/21/2018
SB18003003 RES
1510
2nd ST
 $         1,549,000
3/1,1,0,0
1515/A
1961/ASR
12/17/2017
SB18029789 RES
1500
8th ST
 $         1,550,000
3/2,0,0,0
1310/A
1957/ASR
2/13/2018
SB18034405 RES
1653
2nd ST
 $         2,595,000
5/4,0,1,0
4182/A
2005/ASR
2/14/2018
SB18021108 RES
1716
2nd ST
 $         2,699,999
4/4,0,0,0
3668/S
1989/ASR
2/1/2018
SB17130557 RES
1156
6th ST
 $         3,625,000
3/3,0,0,0
1560/A
1949/ASR
6/9/2017

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

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

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.