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.

108 The Strand – Luxury Beach Front Living in Manhattan Beach

Designed by renowned architect Louie Tomaro this spectacular ocean front home combines modern luxury with a 108-the-strand-manhattan-beachcasual elegance fitting well into the Manhattan Beach Strand landscape.  Designed with a modern flair the home is a showcase property for the most discerning buyer.  Featuring 5 bedrooms, 8 bathrooms and over 6500 square feet the home is designed with entertaining in mind and with the beachfront location, you won’t have to look hard for friends to entertain.

We're sorry, but we couldn't find MLS # 16165002 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Bucking the trend there’s no shortage of oceanfront home for sale in Manhattan Beach

By Keith KyleManhattan-Strand-Homes

When it comes to the best in Southern California coastal lifestyle, it doesn’t get any better than life on The Strand in Manhattan Beach.  Manhattan Beach’s beach front address offers some of the most sought after, and valuable properties in California.  Prices along this oceanfront stretch have skyrocketed in the past few years as more luxury and high end buyers have determined that Manhattan Beach is the place to own and live.  Builders, pro athletes, entertainers and other big money players have snapped up everything from luxurious new construction to fixers and tear downs.  That trend may be slowing, however, as the number of homes available continues to increase while the current listings often take longer to sell.

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

Record Setting Oceanfront Strand Property Still On the Market

By Keith Kyle1000 The Strand Manhattan Beach

A few months back the beachfront property at 1000 The Strand in Manhattan Beach hit the market for a jaw dropping $28,900,000.  Even in Manhattan Beach, with values seemingly going up by the minute, this was a very aggressive price.  The location is spectacular as the home sits on a corner lot with 50 feet of beach frontage and 100 feet of walkstreet frontage (two of the most desirable and valuable features possible) with spectacular ocean, beach and pier views and located in the heart of the downtown area.  Currently showing as a 4 unit building, the value is in the land and location.  Despite being in a showcase location…..$28,900,000 is a very tall order for lot value.

We're sorry, but we couldn't find MLS # SB15119479 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Oceanfront Home Values Just Keep Rocketing Up on The Manhattan Beach Strand

By Keith KyleManhattan Beach Strand

Just when we thought Strand prices had reached stratospheric levels, a wave of new listings has shown that they’re set to go well higher.  Prices that two years ago would have been unthinkable now appear to be the norm.  Currently there are 4 oceanfront properties on the market in Manhattan Beach and the lowest priced home is listed at $16,000,000, located at 3120 The Strand with the highest price being $28,900,000 at 1000 The Strand.  View details on the current oceanfront homes for sale on The Strand in Manhattan Beach.  The current average list price for these oceanfront homes is over $20,000,000 with an average price per foot of over $5,000.  To put this in perspective the previous high water mark was $15,750,000 for 1904 The Strand which sold back in November 2014.  There have only been 2 other on market sales over $12.0M.

Manhattan_Beach_Strand_Homes_for_Sale

 

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

Our Latest Listing the LA Times Home of the Week

This ocean-view home in the Point Fermin area of the Palos Verdes Peninsula is perched on the bluffs Home-Of-The-Week-Large-Photo
above Cabrillo Beach. Extensively remodeled in 2011, the custom home has multiple decks and 30 feet of picture windows on two levels that take in picturesque views of the Pacific.

Source: A bluff-top home with an ocean view in San Pedro – LA Times

3035 The Strand Beach Front Home Doesn’t Last on the Market for Long

By Keith KyleOceanfront Homes in Hermosa Beach

Some good things just aren’t destined to last.  Located in the highly desirable north sand section of Hermosa Beach, the home at 3035 The Strand has already gone into escrow after just a few short days on market.  The home had recently had an exterior face lift and our recent beautiful weather didn’t hurt it’s appeal or marketability.  The home features 3219 square feet, multiple floors with panoramic views, 3 bedrooms, 4 bathrooms and sits on a 3000 foot lot in one of the quieter areas of The Strand.  Ocean and beachfront homes on The Strand have seen values skyrocket as of late and some of these beachfront homes don’t last long.  Listed at $8.5M, which would have been a high number not long ago…..it basically sold the moment it hit the market.

We're sorry, but we couldn't find MLS # SB14053484 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

New Beachfront Home Listed in Hermosa at 1540 The Strand

Beachfront homes on The Strand in Hermosa and Manhattan Beach are few and far between in the past few months with older homes quickly getting sold to builders and just a few offerings of homes price, in my opinion, out of line with market values. This latest listing at 1540 The Strand in Hermosa Beach.

We're sorry, but we couldn't find MLS # SB14023607 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

When List Price Goes Up?

By Keith KyleHermosa Beach Strand

It’s always interesting when I see a listing that’s been on the market a while and during that time the list price has actually increased.  The beachfront home at 3001 The Strand in Hermosa Beach is one of those and it is interesting what goes on in sellers minds.  Often times the prices reflect an update based on even more recent sales, but it does seem a strange tactic to continually increase the price.  If buyers were not willing to pay the previous amount I’m just not sure how and why a price increase is going to help sell the home.  The home was originally listed in June of 2013 at very high, but somewhat reasonable $11,900,o00.  That’s a big number, even for beachfront property, but it is a very large home ideally located in the north Hermosa sand section, and is relatively new being built in 2007.  In August they changed realtors and re-listed the home for $13,900,000 which is almost a record setting number.  In late October they must have decided that they felt it was worth even more as they raised the price a third time to $14,900,000 and there it sits.   I had the chance to show the home and although it’s beautiful and location can’t be beat, it was a very custom home suited to the original owners tastes with white marble floors throughout.  Clearly price was altered with the sale of nearby 2666 The Strand but that home was brand new, 7000+ feet on an very unusual lot that allowed for over 70 feet of beach frontage.

We're sorry, but we couldn't find MLS # SB13172899 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Rarified Air – 2666 The Strand in Hermosa Sells for $14,800,000

By Keith Kyle

There haven’t been too many home sales in Hermosa Beach topping the $10M mark but a recent sale of home located at 2666 The Strand reached a price point reserved for only the most unique and spectacular homes.  Oceanfront homes on The Strand come with some steep price tags, but the home at 2666 The Strand broke the record for on market sales as a whopping price tag of $14,800,000.   Pricing was unusual with it originally being listed in 2013 for $13.9M, then being raised to $14.2M then $15.9 during it’s 9 months on the market.   The home sat on a very unusually shaped lot and when the lot originally sold for $6,000,000 back in 2011 it wasn’t clear that this spec home would yield a profit. Needless to say that wasn’t the case as the market took a dramatic turn north and the builder did a fantastic job of taking full advantage of the unusual lot with over 70 feet of beach frontage.

Strand-Homes-Hermosa