Can East Hermosa Beach Compete with Manhattan Beach Prices?

There’s no doubt that the real estate market in Hermosa Beach is just as hot, if not hotter, than Manhattan Beach, but the newest listing east of PCH at 826 18th is definitely going to help determine if east Hermosa Beach can handle a price for new construction that exceeds some new construction in Manhattan, Hermosa’s more expensive neighbor to the north.  The area east of PCH in Hermosa Beach is generally the least expensive neighborhood in this small coastal community due to the fact that it’s the furthest from the beach.

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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.

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612 John in the Manhattan Beach Hill Section

There’s generally compromise involved with South Bay real estate.  If you want to live near the beach you’re not 612 John Streetgoing to have a yard….if you want a bigger house you can’t live near the beach….if you want a pool you’re in the wrong city.  The home at 612 John, however, offers it all.  The home sits in the prestigious hill section with panoramic ocean views on a tremendous lot slightly under 10,000 feet.  In a town where a non ocean front home recently sold for $3,250,000 on a 1,372 foot lot…..10,000,000 is huge.  This has allowed some creativity and luxury amenities not possible anywhere else including a 7400 foot palatial estate with a detached guest home(both enjoying tremendous ocean views), a yard and a pool.  The home offers luxury features throughout.

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