We don’t have many details on the buyer or their intentions but this is definitely the home sale of the month in Manhattan Beach. What it really likely a land sale, the beachfront duplex at 516 and 518 The Strand closed in August for $14,500,000. This one is all about the location as the south Manhattan Beach sand section location is about as good as you get.
Beachfront Strand homes don’t generally move quickly so it’s big news when something goes into escrow or sells. 2722 The Strand is definitely big news as it’s one of the most expensive listings ever.
Priced at $22,750,000 the home at 2722 The Strand sits on a double lot in a great mid sand section location with massive and unblockable 180 degree views. The current home was built in 1951. It’s certainly been upgraded through the years but still quite dated and as of this post we’re not sure the buyers intention to remodel or completely rebuid. The current home offers 8 bedrooms, 9 baths and over 6,000 square feet. As with many homes along the Strand 2722 has been on an off the market for years. It was originally listed in 2015 for $28,500,000 and went through a number of agents and price reductions last being at $22,750,000 in December of 2019. It was pulled off of the market and just recently reappeared as on market and in escrow. We’ll update the details as we have them.
2722 The Strand, Manhattan Beach
Listing courtesty of Ann Walker & Michael Walker of Sotheby’s International Realty
As we’ve tried to make searching for a home in Manhattan Beach as easy as possible we realize that everyone’s search is different. For some searching by price range is the way to go and or others maybe home type. Our real estate map below allows you to search and view the homes only in that “section” of Manhattan Beach that you’re looking in. Click any area below to see homes in those neighborhoods. If the map isn’t working for you go to the Manhattan Beach neighborhoods area to view clickable links.
Manhattan Beach Interactive Real Estate Map
The newest offering in a fairly crowded beachfront market is 1516 The Strand, Manhattan Beach priced at $18,900,000. The home was built in 2005* and offers 4 bedrooms and 4 baths and almost 5,000 square feet on three levels. It’s very close to the pier which has both upside and downside but the views it offers of the pier, beach and ocean are dazzling.
1516 The Strand, Manhattan Beach – $18,900,000
Listing courtesty of Kurt Rappaport & James Nasser of Westside Estate Agency
June saw a nice uptick in the number of homes that closed escrow. There were 30 closed sales which was the highest one month total so far this year. The highest price of the month was $7,000,000 which was a bargain price for an oceanfront home located at 3004 The Strand. The median list price for the month was $2,390,000
with a median “sold” price of $2,187,000 which wasn’t surprising given the real slow down in the previous 2 months. The average price per foot was $1039.31 and the average days on market was 59. See our Manhattan Beach real estate chart for comparison with other months.
Manhattan Beach Home Sales for June 2020
|MLS #||Type||Addres||Price||$ Per Foot||Bed/Bath||Sq Feet||Year|
|SB20049412||TWNHS/A||4216||Highland AVE #B||$1,250,000||$874.74||2/2,0,1,0||1429/A||1989/ASR|
|SB20054439||SFR/D||1829 N||Poinsettia AVE||$1,920,000||$1,337.98||3/2,0,0,0||1435/A||1950/ASR|
|SB20017815||SFR/D||2205 N||Poinsettia AVE||$2,530,000||$677.38||5/5,0,0,0||3735/A||1990/ASR|
|SB20053086||SFR/A||2326 N||Ardmore AVE||$2,680,000||$844.89||4/3,0,1,0||3172/A||1995/PUB|
|SB20049041||SFR/D||849||12th Court CT||$3,675,000||$1,045.22||5/4,1,1,0||3516/T||2019/BLD|
|SB20063984||SFR/D||606 N||Ardmore AVE||$2,450,000||$737.73||3/3,0,0,0||3321/A||1993/ASR|
|OC20068109||CONDO/A||1520||Manhattan Beach #B||$765,000||$698.63||2/1,0,1,0||1095/A||1966/EST|
|SB20097703||TWNHS/A||1140||Manhattan Beach #E||$850,000||$710.11||2/2,0,1,0||1197/A||1978/ASR|
|SB20042180||TWNHS/D||1540||Manhattan Beach BLVD||$1,400,000||$669.86||4/3,0,0,0||2090/A||2006/ASR|
A recent home sale saw a buyer get a great deal on a very unique home. 3004 The Strand was a “historic” home with a very unuusal layout, design and configuration that closed escrow in June 2020 at a price significantly below the list price. It was listed at $9,495,000 and closed at $7,000,000. It may not be a coincidence that it’s one of the few beachfront home sales in the past year. It hadn’t been on the market (especially in relation to most current beachfront homes on the market) long but sold at a significantly lower price.