There’s No Better Place to Beat the Heat than Manhattan Beach

The South Bay is often referred to as “the bubble” and that can mean a lot of things…..lifestyle, schools and certainly the weather. There’s no doubt that the weather impacts the home values and a weekend like this one makes it clear why. While we in the bubble hear about this heat wave, with tempatures well into the triple digits, it just couldn’t be nicer at the beach. With tempatures “cooking” us in the mid 80’s and ocean tempatures nearing 70, you just wouldn’t know that it’s hot just a few miles away.  From bikerides on the beach, to surfing and playing volleyball, to shopping and dining in downtown Manhattan Beach, there’s something for everyone.  While in town take a look at the Manhattan Beach open houses if you’re interested in finding out just what it’s like to live in this wonderful coastal community.

Manhattan Beach Tree Section 2017 Real Estate Update

It’s been a busy year in the tree section thus far with 88 homes having been on the market at some stage of the process since the beginning of the year.  Currently there are 14 active homes for sale in the Manhattan Beach tree section with a median home price of just under $2.7M as well as 25 homes currently in escrow (as of 4/24/17).  We have also seen 36 homes sell, or close escrow, since the beginning of the year with a average sales price of $2.56M.  The remainder were pulled off of the market for various reasons.  The map below shows the location of the homes with the green indicating an active listing, blue and orange in escrow and red the closed home sales.

Current homes for sale in the tree section of Manhattan Beach CA

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

317 17th Street Manhattan Beach – You Can Have it All

There are a lot of beautiful walkstreet homes that come on the market but with land at a premium open space is not one of the usual features.  The new listings at 317 17th Street in the sand section goes to show that you really can have it all…this 11,917 foot home sits on a huge 6,751 foot lot making for the equivalent walkstreet frontage of 2.5 normal 30 foot wide lots.   The additional space not only allows for a yard and a luxury pool, but gives the home great separation from the neighbors to the west making for great ocean and beach views.

Contact us for more information or to schedule a private showing.

317 17th Street, Manhattan Beach, CA 90266 (MLS # SB17018229)

(all data current as of 8/20/2017)
Price $19,950,000
Beds 6
Baths 0 baths
Home size 11,917 sq ft
Lot Size n/a
Days on Market 206
Status Active
This spacious beach estate is located on 2.5 walkstreet lots with stunning panoramic ocean and white water views. The warm and inviting home was designed by Dave Watson and built in 2014 by Steve Larkin with every imaginable luxury that you would expect in a home of this magnitude: theater, saltwater pool with waterfall features and cabana, walk-in wine cellar with dry bar, indoor virtual golf course/driving range, his and her offices plus children’s study/playroom, gourmet kitchen with breakfast nook and butler’s pantry, two living rooms, formal dining room, gym, multiple ocean view decks and balconies, four-stop elevator, heated floors in most bathrooms, humidors on all four levels, technology/server room with Savant smart home automation center, solar power, and so much more.

Property Type(s): Single Family

Last Updated 1/28/2017 Tract
Year Built 2014 Community 142 - Manhattan Bch Sand
Garage Spaces 4.0 County Los Angeles
Total Parking n/a

Additional Details

Area 142 - Manhattan Bch Sand HOA Dues 0
Parking Spaces: 4.00 Pool Description Private,In Ground,Waterfall,Saltwater,He
Utilities Public; View Description Catalina,Coastline,Ocean,Panoramic,Pier,Water,White Water
Water Public Waterfront Description Ocean Side Of Highway 1
Zoning MNRM

Features

Air Central
Air Conditioning Yes
Appliances 6 Burner Stove, Barbecue, Built In Range, Dishwasher, Garbage Disposal, Gas, Gas Range
Exterior Barbecue Private
Fireplace Yes
Garage Direct Garage Access, Ga, Garage, Garage - Rear Entry, Yes
Heat Central Furnace, Forced Air, Solar
Interior 2 Staircases, Balcony, Bar, Beamed Ceilings, Built-Ins, Cathedral-Vaulted Ceilings, Coffered Ceiling(s), Copper Plumbing Full, Dry Bar, Elevator, Granite Counters, High Ceilings (9 Feet+), Home Automation System, Living Room Balcony, Living Room Deck Attached, Open Floor Plan, Pantry, Recessed Lighting, Storage Space, Tile Counters, Two Story Ceilings, Wet Bar, Wired for Data, Wired for Sound
LotDescription Walkstreet, Yard
Pool Yes
Style Custom Built
View Yes

Location

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

Listing provided by : Chris Dodson CalBRE:01217736, Vista Sotheby’s Realty

(view all details for MLS #SB17018229)

Luxury Home Flips Alive and Well in Manhattan Beach

By Keith Kyle1641-23rd-street-remodeled-kitchen

Although we’ve seen quite a slowdown in luxury home flips in Manhattan Beach, they are still out there and are still alive and well.  The reason for the slowdown is that the home prices for older, original condition homes has increased so much in the last two years that it’s been tougher for investors and flippers to find properties with a guaranteed return.  2014 and 2015 saw a number of luxury home flips in Manhattan Beach and many opportunities for 1641-23rd-st-manhattan-beachrehabbing and often expanding these original beach bungalows and many investors did very well.  While it’s slowed down the recent flip, listing and sale at 1641 23rd Street in East Manhattan Beach.  Purchased for $1,260,000 in November 2015, the reinvented (and expanded by about 400 feet it appears) home came on the market as a luxury flip for $1,799,000 in July of 2016.  While that price may have been a bit over valued, the recent price drop to $1,699,000 seems to have done it as it’s gone into escrow as of September 20th.  The sales price hasn’t been released but these are still big numbers for homes in the Liberty Village neighborhood of East Manhattan.

We're sorry, but we couldn't find MLS # SB16159529 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

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.

Coastal Elegance at 516 4th Street in Manhattan Beach

By Keith Kyle516 4th Street Manhattan Beach

One of the homes currently on the market (as of July 8th, 2016) that we really like is located at 516 4th Street in the Manhattan Beach sand section.  While not on a walkstreet the home sits on a quiet street and has the look and feel of a walkstreet location.  The home offers a coastal plantation style with a large front yard and patio offering a great mix of indoor/outdoor living.

We're sorry, but we couldn't find MLS # SB16089792 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Big Jump In Manhattan Beach Homes for Sale in March

By Keith Kyle

March 2016 saw a pretty significant increase in the number of active homes for sale in Manhattan Beach.  Whereas the prior 18 months had seen a high water mark of 77 homes for sale and had hovered between 50 and 70, the number of homes on the market took a fairly drastic upturn in March with over 100 homes active on the market.  As of this writing in late April, that number didn’t show signs of changing as there are currently 101 homes, townhomes and condos for sale in this coastal community.

See The Homes That Sold In Manhattan Beach CA in March 2016

By Keith KyleManhattan Beach Modern Houses

March was yet another very busy month for home sales in Manhattan Beach and the South Bay with home prices continuing to go up and the number of home sales rising as well.  The demand has been pretty overwhelming in Manhattan Beach with multiple offer situations selling over the list price being the norm.

Manhattan Beach saw 34 homes sell and close escrow in March of 2016 with only one of those homes selling below $1,000,000.  The average list price of $2,675,985 and the average sales price at $2,657,132 which again shows that very few homes are selling below list price….even in a market in which inflated prices are becoming more common.  The lowest priced home of the month was a 2 bedroom townhome in Manhattan Village at $984,000 and the most expensive was $5,700,000 for an older home on an enormous (by Manhattan Beach standards) 11,405 square foot lot.  As has been the norm for the past 2 years, none of the sales were foreclosures.

Click any link below to see the homes sold in March of 2016.
El Segundo
Gardena
Hawthorne
Hermosa Beach
Hollywood Riviera
Lawndale
Manhattan Beach
Palos Verdes Estates
Rancho Palos Verdes
Redondo Beach
Rolling Hills Estates
San Pedro
Torrance

Nice Opportunities in Manhattan Village

By Keith KyleManhattan Village Estate Homes

There have been some new listings making an appearance on the real estate market in Manhattan Village making for one of the few neighborhoods in all of the Beach Cities with any inventory.

As of this post there are 4 homes for sale in Manhattan Village, one of the few gated communities and a very unique setting in this up scale beach town.  Contact us to arrange private showings for any of the homes.

Current Homes for Sale

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

Another Big Month in Manhattan Beach Real Estate

By Keith Kyle612 John Street

January 2016 saw another impressive month of home sales and home prices in this luxury coastal community.  Althought median prices were down from the prior month, they were up from a year ago and demand continues to be strong.  Fewer new construction homes were sold this past month which has some concerned about the abundance of current and future new construction projects in Manhattan Beach.

Visit our sales page to see all of the recent home sales in Manhattan Beach and neighboring communities.

City Homes
Sold
January
2016 Median
January
2015 Median
Year
over Year % Change%
Carson 27 $415,000 $385,000 7.8%
El Segundo 8 $1,074,500 $799,000 34.5%
Gardena 28 $471,000 $399,000 18%
Harbor City 13 $500,000 $454,000 10.1%
Hawthorne 33 $457,000 $500,000 -8.5%
Hermosa Beach 10 $1,783,500 $1,680,000 6.2%
Lawndale 9 $450,000 $430,000 4.7%
Lomita 12 $420,000 $365,000 15.1%
Long Beach 241 $425,000 $406,000 4.7%
Manhattan Beach 22 $1,760,000 $1,675,000 5.1%
Marina Del Rey 16 $1497,000 $855,000 75.1%
Palos Verdes Estates 19 $1,272,000 $1,251,000 1.7%
Playa Del Rey 10 $574,000 $527,000 9.0%
Rancho Palos Verdes 38 $900,000 $1,015,000 -11.3%
Redondo Beach 66 $885,000 $802,000 10.3%
San Pedro 47 $465,000 $450,000 3.4%
Torrance 83 $632,000 $617,000 2.3%
Westchester 22 $880,000 $900,000 -2.2%