Luxury Homes Archives - Manhattan Beach Real Estate

Manhattan Beach Update – Real Estate Trends and Statistics

November 21, 2019 by Keith Kyle

Keep current with the real estate market in Manhattan Beach. The charts below will help you better understand just what’s happening in the market and whether it might be a good time to buy a home or sell your Manhattan Beach home. See the information to see how many homes are on the market and selling compared with past months, how close sales prices are to list prices, the average days on market and more. As of 11/21/19 – October 2019 is a neutral market

Home For Sale in October 2019: 101 units.

•	Down 22.9% compared to last month
•	Down 4.7% compared to last year

Home Closed in October 2019: 23 units.

•	Up 4.5% compared to last month
•	Down 32.4% compared to last year

Home Placed under Contract in October 2019: 51 units.

•	Up 88.9% compared to last month
•	Up 75.9% compared to last year

*Buyer’s market: more than 6 months of inventory based on closed sales
Seller’s market: less than 3 months of inventory based on closed sales
Neutral market: 3 – 6 months of inventory based on closed sales

Current number of homes for sale as well as pending home sales and recent sales

About the For Sale vs. Sold Report

For Sale numbers are the snapshot of the number of property for sale at the end of the month.
Pended numbers represent the number of properties that went into the “pending” status for that month.
New Listing numbers represent the number of properties that are new listed for that month.
Sold numbers represent the number of properties that are sold for that month.

What Does For Sale vs. Sold Report Do?

It helps determine the trend of market supply and demand.
It helps determine whether the current market is a seller or buyer market.
It helps determine the minimum length of the listing period.
It helps identify which price range the majority of the properties are in, within a given area.
It helps focus on where the buyer’s activities are and the market condition in those areas.

How to Use For Sale vs. Sold Report?

Use with Average Price Per Sqft Report to set competitive listing price.
Use current inventory level to determine market condition. The current inventory level is derived by dividing the monthly listing number by the monthly sold number which is shown in Months of Inventory graph. As a rule of thumb, an inventory level of less than three indicates a strong seller market while an inventory level greater than six indicates a buyer’s market.
A download trend of listing inventory and an upward trend of the number of properties sold indicates the seller is in a better negotiating position.
An upward trend of listing inventory and a downward trend of the number of properties sold indicates the buyer is in a better negotiating position.

You Should Know

The properties sold figures are derived from recorded transactions.
Current monthly sold figures might be adjusted upward on the next month’s report. This is to account for any closed transactions that are reported late.

Average Price Per Square Foot in Manhattan Beach

(keep in mind that this is often not the best determinant of value due to proximity to the beach, age, views, etc.

Days on Market (columns) and % of list price homes sold at

Average Home Price For Sale V Sold

Months of Inventory

Beachfront Luxury Perfected – 3808 The Strand in Manhattan Beach California

September 26, 2019 by Keith Kyle

Welcome to ocean front luxury redefined.

Introducing 3808 The Strand in Manhattan Beach for the discriminating home buyer. Every detail of this beachfront masterpiece was meticulously planned and no expense was spared in making this one of the premier homes in the South Bay. For those looking for the very best in coastal luxury living…welcome home.

The concept for 3808 The Strand was founded in the desire to combine a true sense of elegance with the casual beach lifestyle that makes Manhattan Beach one of the premier beach destinations in the world. With almost 5,000 square feet of living space, the creative design offers a flowing and open layout allowing every room to capture the views and beach breezes. Each floor offers great outdoor spaces and expansive doors allowing for a multitude of locations to enjoy the beachfront location.

Some of the many impressive features of this incredible property include a 3 stop elevator, breathtaking great room with over 22 feet of retractable bi fold doors, 3 luxurious fireplaces, an expansive master with private deck and entertaining area, state of the art media room, beach room with fireplace and wet bar, home theatre, smart home security, whole home lighting and multi zoned A/C.

All of this in a one of the most desireable locations in Southern California…..15 minutes from LAX, 10 minutes to major freeway, 5 minutes to downtown Manhattan’s restaurants, pubs and night life. Walk to north Manhattan restaurants, entertainment and chic shops, hope on the bike path or catch some world renowned surfing at El Porto. Contact listing agent Keith Kyle with Vista Sotheby’s International Realty for more information.

Home Details

Exceptionally priced at $16,650,000
Beach front
4 bedrooms, 7 bathrooms including a cabana bath
4,772 luxurious square feet of living space
2 levels with 22 foot bifold retractable doors for unimpeded beach, sand and ocean views
3rd level with 14 foot La Cantina bifold retractable doors
3517 SF ocean front lot
3 car garage with parking for one additonal car
500 square theatre/media room with theatre style seating
3 fireplaces with wrapped in vertical slabs of brazilian stone
3 stop elevator
Private roof deck entertainment area
First and third floor laundry rooms
Control 4 smart home for lighting audio and security with the touch of a button

Sitting well above the beach, this incredible home offers forever views combined with a level of privacy rarely found in other beachfront homes.

Photo Gallery of 3808 The Strand

Welcome to ocean front luxury redefined.

Sitting well above the beach, this incredible home offers forever views combined with a level of privacy rarely found in other beachfront homes.

Entry level:

The entry level features over 1700 feet of bright an open living spaces with soaring ceilings, walls of windows, beautiful Siberian Oak flooring and a magnificent sense of openness.

Upon entering the home through the beautiful courtyard, you come to the large foyer that leads to a layout with the beach lifestyle in mind. Walk past the beautiful cabana beach bathroom, perfect for a quick shower after your surf session out front, and you are immediately struck with the incredible views.

The main level features a spacious bedroom with en suite bath makes a perfect retreat for visiting family and friends. The oversized north facing window allows for great beach breezes and an abundance of natural light.

Great room:

This amazing space was designed with the modern open concept lifestyle in mind. With an impressive 25 feet of width offers unimpeded views from every corner.

Soaring 10’ coffered ceilings….luxurious Brazilian stone faced fireplace….spacious and bright with views that last forever….the living room is the showcase of this stunning home.

From the moment you enter you are struck by spectacular beach and ocean views. A 22 foot wall of La Cantina bifold doors open completely to allow for unimpeded views of the iconic beach located just outside. This incredible feature gives you the sense that you’re already at the beach…without ever leaving your seat. Panoramic beach views are enjoyed from every part of this magnificent space and allows for the perfect blend of indoor and outdoor living. Highlighting the room is the stunning fireplace faced with luxurious Brazilian stone specifically selected to add to sense of casual elegance and perfectly reflecting refined beach living.

Kitchen:

Meticulous planning and open concept living led to the creation of this beautiful area. Open to the living and dining areas, the kitchen is a true showcase featuring a 54 square foot waterfall island with (stone description), custom (description) cabinetry with clean lines and a sophisticated, yet sleek design, ample storage space with walk in pantry, and top of the Wolf and Sub Zero appliances. The open concept kitchen was designed with the social lifestyle in mind and is sure to be the gathering spot whether just a few friends or a gala event. As there are no walls to impede the open room, views are simply incredible from every corner of this level.

Beach Level:

The lower level of 3808 The Strand offers a multitude of features and options including a state of the art media room/theatre, fantastic beach room with a fully retractable bifold window wall, bright and spacious guest room, luxurious bath and powder room as well as access to the beachfront patio. This level offers 1,644 square feet and the adaptable layout offers an abundance of options.

Beach room:

The perfect place to start or end your day at the beach, the first floor beach room is ideal for casual entertaining or just relaxing after another surf session. Offering a sleek and impressive fireplace and a full wet bar with Brazilian stone countertops, custom lighting and surround sound ceiling speakers to chill to your favorite tunes, this beautiful space is designed to take full advantage of the unparalleled beach location. 22 feet of La Cantina bifold doors allows for the room to become part of the patio and the sand just steps out front.

Lower level bedroom: Off of the beach room sits a spacious bedroom with modern sliding barn door allowing this creatively designed space to be fully adaptable as a guest bedroom, play room, office , den or as an extension of the beach room. The innovative design allows for a larger opening to take in the incredible views.

Media Room:

Purposefully designed to be one of the few rooms without incredible views, the home theatre sits in the middle of the lower level offering a perfect viewing experience for screening the latest films or catching the big game. Theatre style seating makes this a unique and luxury feature for a beach front home

Upper level:

Accessible via the 3 stop elevator or staircase, the upper level features an innovative layout making for both living and entertainment areas. The top level offers a full 1,426 square feet comprised of the luxurious oceanfront master bedroom, laundry and a spacious rear guest suite that enjoys a nice ocean and beach view. In addition to the impressive bedroom spaces this level is highlighted by a private 442 sq foot foot oceanfront deck with a clever design allowing it to be accessed from both the master suite as well as separate entrance for guests.

Master Suite:

Luxurious and private, this spacious master suite is a true luxury retreat. Featuring beautiful Siberian oak hardwood floors, beautiful fireplace wrapped in vertical slabs of Brazilian stone, 10’-14’ vaulted ceilings and a wall of La Cantina bifold doors creating over 14 feet of unimpeded ocean views. This is true luxury coastal living at it’s finest. The architect and builder put great thought into this space and it sits back from the Strand just far enough to offer a rare sense of privacy and tranquility.

Luxurious finishes adorn this wonderful room and the spa style bathroom continues this true sense of elegance. The beautiful dual vanity with marble countertops offers an abundance of space with the dazzling white stone reflects the designer’s vision for all materials to match the incredible beach location. Enjoy ocean views from the soaking tub or the oversized steam/rain shower with courtesy of the cleverly designed window feature.

The master also features a luxurious walk in closet with custom shelving, seating bench dressing area and more

Master and Entertainment Patio:

Fully retractable bifold doors from not only make for panoramic ocean views from the master, but lead to the 442 foot entertainment patio. You may never want to go back downstairs as the 3^rd level outdoor area offers a great sense of privacy while still enjoying panoramic views of Catalina, the beach, and Palos Verdes. This is a true entertainers paradise with an outdoor kitchen, beverage refrigerator, fire pit, privacy curtains, lounge seating and dining area. The builder and architect set this area slightly back from the Strand to offer the same stunning views but with a level of privacy rarely available in beachfront home.

East Bedroom:

The third level also offers a spacious bedroom with en suite bath. This bright and beautiful bedroom offers vaulted ceilngs and large windows to allow great beach breezes and natural light. The south window offers ocean views and a great sense of space.

Exterior Features:

From the moment you see the home you’ll notice the care and attention that went into the details to give 3808 a true sense of home. Exterior features include a beautiful entry walk way, with beautiful hardscaping and landscaping, uplighting, and a warm and inviting look and feel.

While the extraordinary level of craftsmanship and quality is hard not to notice, the builder and architect took great effort to make every aspect, both seen and unseen, a true reflection of their vision. This was a labor of love and no detail was overlooked.

The Most Expensive Home in the South Bay – 1901 Manhattan Ave in Hermosa Beach

February 27, 2019 by ktkyle

Although the recent relisting of The Strand at $26,000,000 is the most expensive property currently for sale, the home at 1901 Manhattan Ave in Hermosa certainly takes the prize for the most expensive single family home. Although we don’t believe it will sell for anywhere near the current list price of 22,000,000….if it does it would be the second highest residential sale ever in the South Bay.

The home that had been there sold back in 2013 for $4,200,000. It’s a tremendous lot and the steep incline of the hill meant guaranteed ocean views. The home that was built, and now for sale at 1901 Manhattan Ave most definitely took advantage of those views…..from just about every room. Even the lowest level which feels a bit like a luxurious basement, has ocean views out of the corner window.

The home is pretty spectacular and at over 9000 feet is extremely rare. Ocean views from everywhere, luxury finishes throughout, infinity pool (lowest level actually has windows into the pool) and a short walk to the beach make the home a winner.

The home offers 6 bedrooms and 8 bathrooms, gym, wine celler, elevator, multiple decks and outdoor spaces, pool and spa. Listed at $22,000,000 with Santiago Arana from The Agency.

1901 Manhattan Ave, Hermosa Beach

Let’s Try This Again – 3001 The Strand for Sale at $21,000,000 in Hermosa Beach

February 26, 2019 by ktkyle

Homes in the $20,000,000+ range don’t come up often. Just recently the home at 417 Paseo De La Playa in the Hollywood Riviera sold at $22,650,000 making it the highest ever residential home sale in the South Bay.

3001 The Strand is a new listing in Hermosa Beach and is trying to do something equally unheard of in the South Bay…..top the $20,000,000 price mark. Listed with Chhabria Real Estate Company the home is priced at $21,000,000. In our opinion we just don’t see how it’s going to sell anywhere near that number but in the highest end of the luxury market it only takes one buyer to really connect with a home.

The home offers 6 bedrooms, 6 baths and almost 6,000 square feet. It also offers 37 feet of beach frontage on an almost 4,000 square foot lot.

This home has quite the history of high listing prices and spending time on the market. In 2012 when it was new construction it spent a year on the market at $10,999,000 but never sold after a year. In 2013 it sold at $10,000,000 in 2013 and then was put back on the market a month later at $13,900,000 and once again didn’t sell. Somehow in 2016 the owners thought that values had jumped to $22,900,000 but once again it sat on the market. 2018 is here and now the home is priced at $21,000,000 and only time will tell if the market has caught up to the price. It seems extremely unlikely but all it takes is one buyer to think it’s worth it.

220 35th Street – Off Market Walkstreet Home in Manhattan Beach

March 25, 2018 by Keith Kyle

Listed by Mori Beiner of Vista Sotheby’s International Realty, this epic coastal modern has everything for the luxury beach lifestyle: Ocean views and breezes, fabulous entertaining spaces and top-of-the-line everything. Completed in 2008, this warm, custom-built home by Steve Lazar was elegantly upgraded post-purchase by the owners with designer finishes, custom lighting and audio systems, built-ins and a full-feature Crestron smart-home automation system (audiovisual, HVAC, lighting, security and more).

The spacious first-floor entertaining rooms open out via folding glass Nana walls to the walkstreet patio with waterfall and fire pit. Upstairs, you can see the ocean while lying down in the master bedroom. Master also features a seating area and a simply smashing bath with rain shower, body sprays and jetted tub. Just outside the other three bedrooms is a “kids’ lounge” with ample room for a sofa and TV. The top floor has floor-to-ceiling glass showcasing major ocean views spanning all the way out to Malibu. Contact us to set up a private showing.

Off Market Listing Courtesy of Mori Beiner of Vista Sotheby’s International Realty

220 35th St | Manhattan Beach | MLS Version from Jeremy Blair on Vimeo.

304 Ardmore – Luxury in the Hill Section

March 22, 2018 by Keith Kyle

Located in the highly sought after hill section this beautiful home perfectly blends luxury with the casual coastal lifestyle. This new construction estate designed by renowned architect Louie Tomaro and built by Patrick Kealy, offers a spacious and open layout with a beautiful backyard.

We're sorry, but we couldn't find MLS # SB18060552 in our database. This property may be a new listing or possibly taken off the market. Please check back again.