It’s Not Hard To See Why Builders Are Buying Everything in Manhattan Beach

Whenever the real estate market is on fire, as it is right now in Manhattan Beach, the demand for luxury homes intensifies and builders are happy to take advantage of this dramatic increase in demand…..and why wouldn’t they?

It’s not hard to see why builders are scrambling to buy any fixer, tear down, or even the charming, but smaller, beach bungalow.  We’re seeing prices of new construction reach heights that would have seemed impossible not long ago and the usual constraints such as smaller lots, less than ideal locations, and even lot prices well beyond lot values don’t seem to matter.

Let’s look at a few recent properties:

750 30th Street in the Tree Section

750 30th Old 750 30th

 

Sold December 2013 (above left 1952 1138 ft bungalow on 5417 foot lot) at $1,552,000 and recently listed (above right 5 bed/5 bath 5000 sq feet) at $4,499,000

 

1905 Elm in the Tree Section 

1905-Elm-Old 1905 Elm New

Sold in May of 2013 (above left – 1952 beach bungalow) for $1,131,000 and currently in escrow (above right – 5 bed/5 bath 3111 square feet) with list price of $3,100,000

 

128 14th Street in the sand section  

128 14th Street -  2012 128 14th Street

Sold in April 2012 (1954 built triplex) for $1,950,000 and currently in escrow (4 bed/5 bath 4000 feet) with list price of $5,995,800.

 

433 Marine Place in the Sand Section

433 Marine Place Old 433 Marine Place New 432 23rd place

Very poor condition home at 433 Marine Place sold for $957,000 in March 2012.  Home was torn down with 2 new townhomes put on the lot.  Townhome at 433 Marine Place (3 bed/4 bath 2000 square feet) selling at $1,979,000….while second townhome at 432 23rd Street (3 bed/4 bath 1929 square feet) sold for $2,152,000

There are countless other recent sales and a number of new construction projects coming on the market in the next few months.

Call/text us at 310-251-2344 for more information or contact us with any questions.

 

New Construction in the Manhattan Tree Section

Currently under construction, this “Beach Plantation” style home located at 750 30th Street, in the tree section of Manhattan Beach is currently 750-30th-Street-Manhattan-Beachlisted at a pre-completion price of $4,499,000.  The home sits on an extra deep lot offering a layout and features not as common on the traditional lots. This luxury home will offer 5,070 square of living space and  features 5 bedrooms, 7 baths, 3 fireplaces, a 3-stop elevator, central air, 3-car garage, and a full basement with wine cellar and wet bar. The large south-facing backyard has a covered patio and an outdoor cooking island with built-in BBQ and fridge and is accessed from the large family room via ‘disappearing’ sliding glass doors that recess into the wall. Expected completion is March 2015.  Listing information provided by listing agent Sachi Fujita with Shorewood Realtors.  Call or text us at 310-251-2344 or contact us for more information on this beautiful home

We're sorry, but we couldn't find MLS # SB14225470 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

The photo is an artist’s rendering based on the architect’s blueprints and is not intended as a precise representation of the finished home.

Luxury Flip at 3521 Poinsettia in Manhattan Beach Tree Section

By Keith Kyle3521-Poinsettia

While the world of luxury flips may be slowing a bit as “fixer” home prices are no longer much of a deal, there are still some beautiful properties coming to market and the home at 3521 Poinsettia is one of them.  This was tastefully remodeled with a very bright and inviting beach home style.  Open beamed ceilings, beautiful hardwood floors, entertainers kitchen and bright and muted colors throughout make for a wonderful beach style home.  Listed by Ed Kaminsky with Shorewood realtors, the home is marketed as a “cottage contemporary home” and features 3 bedrooms, 3 1/4 bathrooms (tax records indicate 2 bedroom 2 bath so buyer should verify), and according to the seller has 1700 sq ft.  Contemporary kitchen, with gourmet appliances, brand new cabinets, marble counter tops, wood ceiling and beautiful lighting. The home has great outdoor spaces and resides in the very sought after tree section neighborhood in Manhattan Beach and offers the epitome of the luxury beach lifestyle.

We're sorry, but we couldn't find MLS # SB14212903 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

529 18th Street – Beach Inspired Craftsman in Manhattan Beach

Built in 2008 this Louie Tomaro designed and  TR Farnham built craftsman sits in a great American Martyrs section location. Designed with open floor plan this beautiful home offers a gourmet kitchen, and features a  lower level that includes a recreation room, kitchen, bedroom suite and a dedicated theatre.   The upper level offers a true master suite, and three additional bedrooms all with individual baths.   The home takes full advantage of our beach weather with indoor/outdoor living with a covered patio,  sitting area with fireplace and grassy backyard  Ideally located it’s within walking distance of both Pacific Elementary, American Martyrs school, downtown and and the beach.  The home is listed by Susan Boetner with South Bay Brokers. Contact us for a private showing.

We're sorry, but we couldn't find MLS # SB14050063 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Step Back In Time – New Construction Meets Old World Charm in The Tree Section

In the  cookie cutter world of new construction sometimes builders can still surprise.  The home at 743 29th Street is unique in just about every way.  Custom built in 2013 on a corner double lot the home harkens back to days gone by and is being billed as a Napa style farmhouse.   The home features 5 bedrooms, 4 bathrooms, 3800 square feet and a charm that isn’t common in Manhattan Beach.  The home will definitely appeal to a very specific buyer as rooms aren’t particularly large and some of todays standards:  massive central kitchens, great rooms, spectacular master suites and oversized rooms are not what luxury buyers are used to.   With a price tag of $4,200,000 it is going to take a very specific buyer indeed but it is a beautiful home on a great location and will strike a chord with a buyer looking to slow down the pace of life.

We're sorry, but we couldn't find MLS # SB14072740 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Modern Luxury and Ocean Views at 610 12th Street Manhattan Beach

If you’re searching for a sleek look with big ocean views in Manhattan Beach this just may be the home for you.  Located at 610 12th Street and very close to downtown Manhattan and the beach, this modern luxury home was designed by Patrick Killen and built in 2009 and features approx 4,254 square feet, 4 bedrooms and 4 1/2 baths and wonderful ocean views.

We're sorry, but we couldn't find MLS # SB14031831 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Beach Charm in the Trees – 1417 Pine Manhattan Beach

By Keith Kyle

Whenever I walk into a home I try to envision everything from a buyer perspective.  Some homes require some vision to see the potential that is just below the surface and others are picture perfect.  1417 Pine in the Manhattan Beach tree section falls into that latter category and will likely appeal to a mass audience looking for something warm and charming.  The curb appeal is excellent and the interior shows beautifully with bright open spaces, nicely prepped and staged rooms and a good sized backyard to enjoy the year-round summer weather.

We're sorry, but we couldn't find MLS # SB14016290 in our database. This property may be a new listing or possibly taken off the market. Please check back again.