Another day…..another new beachfront listing on the Manhattan Beach Strand.
It sees that hardly a day goes by this month without a spectacular new beachfont home listing hitting the market. The newest additon to what is becoming a busy beachfront market is a beautiful and spacious home in a pretty ideal location. Located on a corner wallkstreet lot which makes for not only unblockable ocean and beach views to the west side of the home, but the south side as well. The home has been extensively remodeled with a California coastal casual feel. Offering a specious 4,400+ square feet and featuring 4 bathrooms and 9 total baths on three oceanview levels.
Located in the more southern part of the Strand the home is close to downtown without being in the midst of the summer tourist congestion.
The highest priced sale of the month in Manhattan Beach was…..no surpise here…..a beachfront home on The Strand.
4320 The Strand was a beautiful home designed by architect Michal Lee. The property closed at $10,755,000 which is a significant number given that the home is on a half lot in the El Porto area of the Manhattan Beach sand section. Due to the proximity to the refinery and the fairly busy beach parking lot out front this price is pretty impressive to say the least. Having said that they squeezed every square foot that they could and the design and layout are ideal for true beachfront living. The floorplan took full advantage of the location and allowed for maximum ocean views with multiple levels of floor to ceiling windows and sliding doors.
The design and build maximized the square footage with an impressive 3,500+ square feet. The home is stunning with the only challenges being the smaller lot size and the location in the very northern end of El Porto which tends to be fairly busy with the beach lot out front. Overall it was a stunning home.
Let’s take a look at the homes, townhomes and condos that closed escrow in Manhattan Beach during the month of March 2022. The activity level jumped a bit with 28 home sales in March compared with 24 closed sales in February. The average “list” price was an impressive $3,530,925 with the average sold price at $3,581,913 meaning that homes generally sold above the original list price. The average price per foot was $1448 and median days on market was a very brief 9 days before going into pending status. The average days on market was 26. See how this compares to other months on our Manhattan Beach real estate trends and statistics page.
The top home price of the month was a beachfront single family home in the El Porto area of the “sand section” located at 4320 The Strand. The home sold for $10,755,000. The lowest priced home sale of the month was a 2 bedroom court home in Manhattan Village located at 14 Monterey Ct that closed at $1,325,000.
It doesn’t get much better than oceanfront in the Manhattan Beach sand section. The newest beachfront listing in Manhattan Beach is a fairly rare townhome/condo located on The Strand at Marine Street. This home enjoys two levels of unblockable views. The top level features the incredible living spaces with ocean view living room, kitchen and outdoor deck…..all with spectacular views of the beach, ocean and coastline up to Malibu. The top floor also offers the primary suite that it more like a luxury hotel. The bottom level offers two additional bedrooms with private beachfront patio/deck.
2220 The Strand Details
1,552 square feet (buyer to verify)
$550 monthly HOA
Built in 1997
Listed by Mark Leddy & Nick Schneider – Compass 310-241-3038
Take a look below at the homes that sold in Manhattan Beach during the month of February 2022. The activity level jumped a bit with 24 home sales during the monnth compared with only 17 during January. There were 35 closed home sales in December. The average “list” price was a pretty massive $4,018,917 with the average sold price at $4,067,648 meaning that, in general, homes sold well above the original list price. The average price per foot was $1568 and median days on market was a very brief 6 days before going into pending status. The average days on market was 37. See how this compares to other months on our Manhattan Beach real estate trends and statistics page.
Although one of the sales was a beachfront home at 4104 The Strand, the top sale of the month was a 4,282 square foot new construction single family walkstreet home at 420 5th St that closed at $6,845,000.
The newest addition to the beachfront home market on the Manhattan Beach Strand is a spacious single family home on a corner walkstreet lot with big unblockable views in several directions.
The location is pretty ideal as it’s still plenty close to downtown to walk or ride a bike, but far enough to not be overly impacted by the summer crowds. The corner lot means big views from two side of the home which makes a tremendous difference.