Bucking the Trend, Manhattan Village Home Inventory Continues to Rise

By Keith Kyle

Manhattan Beach is like a real estate universe unto itself, with the trends and market conditions elsewhere having little sway over this luxury coastal community.  When the real estate market collapsed a few years back, Manhattan Beach home values remained relatively strong.  With the market returning back to the boom year levels, Manhattan Beach is certainly leading the way with skyrocketing prices and continually low home inventory.  Builders are buying just about anything not built in the last 15 years and there are simply too few homes on the market to ease the demand.

Manhattan Village, the only real gated community in Manhattan Beach, seems to be yet another real estate world of it’s own, and is certainly bucking the trend in the area. Whereas there are few homes being sold in the city itself, the inventory in Manhattan Village continues to rise and there are now 9 homes for sale.  Some of the premium properties are still selling at very high numbers, but the abundance of available homes will eventually mean a softening of many others and may make for a deal for someone looking to be in this wonderful neighborhood.  Click to see a neighborhood map of Manhattan Village and feel free to contact us or text/call 310-251-2344 for more information.  If you would like to receive daily updates for Manhattan Village we’ll be glad to help.

Current Manhattan Village Homes for Sale

Bucking the Trend, Housing Inventory Continues to Rise in Manhattan Village

While the Manhattan Beach real estate market has had almost 18 months of near record low housing inventory, the gated community of Manhattan Village continues to buck the trend and defy the odds. Manhattan Village is located in Manhattan Beach CA and has a very limited number of homes, yet somehow 2014 inventory of available homes has been higher than normal. While the market outside the gates has few homes to offer, the situation is very different behind the gates. As of September 15th there were 9 active homes for sale in this small community. Not only is there an abundance of available homes, there is something for just about everyone ranging from the smallest and least expensive floorplan at 32 Bermuda Court, a plan one courthome priced at $799,000 to a few of the larger single family “estate” homes in the community priced at $2,185,000 at 22 Chatham.  Contact us for more information or fill out our free home update form to receive daily listing updates.

Current Manhattan Village Homes for Sale*


**Each home may be listed by different realtors. Please be aware that we are not the listing agents on the above properties and are providing this information as a service to our clients and visitors.

Looking for a Gated Community in Manhattan Beach?

By Keith Kyle

Many out of area and out of state buyers come to me looking for a nice gated community in the South Bay and Manhattan Beach.  Unlike many other areas, gated communities are few and far between in the Beach Cities and there’s really only one option in the luxury community of Manhattan.  Manhattan Village is the areas only real option with a combination of Estate Homes (SFRs), townhomes and court homes (clusters of townhome style units).  Ideally located just a short drive to the beach, Manhattan Village sits east of Sepulveda just north or Marine Ave.

Manhattan Village is a planned community and is the only gated community in Manhattan Beach. An exclusive retreat which provides a lifestyle many are surprised to discover in a beach community. The community consists of approximately 400 town and court homes and 122 estate homes. See our Manhattan Village Floorplans and Manhattan Village Map page. The village is landscaped in a park setting surrounded by trees, pools, spas, playgrounds, bike paths and a soccer field. The location in Manhattan Beach is ideal. Manhattan Village Mall is within walking distance, with Ralphs, CVS, Macys, fine restaurants, entertainment, the Manhattan Tennis Club as well as a number of fine hotels.

Manhattan Village has two primary security gates, one for the estate home owners and another for the townhomes and court homes.  The main gate is manned and access to the community is tightly regulated adding a level of safety on top of the already safe neighborhoods of Manhattan Beach in general.

The real estate market in this small gated community is usually very active with several homes often on the market.  Prices can range dramatically from the high $700s for a smaller, fairly original condition court home, to well over $2.0M for an updated larger estate home.  Visit our Manhattan Village real estate page for current listings or fill in our quick form to receive new Manhattan Village listings as soon as they come out.  Our email updates are, without question, the simplest way to search for a home in the area.

[vfb id=3]

 

 

Numerous Manhattan Village single family homes for sale Despite Low Inventory in Manhattan Beach

By Keith Kyle

Manhattan Village is certainly unique.  Not only is it the only gated community in Manhattan Beach with a look and feel unlike anything in the area, but it also has seen an uptick in single family home inventory while every other area of Manhattan awaits any sign that we’re past the days of record lows for the number of homes for sale. As of April 28th 2014 there are 3 active listings for single family homes and one active townhome for sale.  In addition there are 2 SFRs currently in escrow.  This may not sound that unusual but considering there have been a total of 11 homes sold the 3 years prior gives a clear indication that this is not the norm.

Current Manhattan Village Homes for Sale

An Abundance of “Rare” Estate Homes for Sale in Manhattan Village

By Keith Kyle

Located in Manhattan Beach, CA, there are three general type homes in the gated community of Manhattan Village:  court homes, town homes and estate homes.  Estate homes are single family homes located in the more western area of Manhattan Village and generally range in square footage from just over 2000 square feet to 3500 square feet.  In general these homes are fairly rare and don’t often come to market.  Since 2007 there have only been 29 estate homes sold in Manhattan Village.

  • 7 homes sold in 2007
  • 2 homes sold in 2008
  • 5 homes sold in 2009
  • 4 homes sold in 2010
  • 3 homes sold in 2011
  • 7 homes sold in 2012
  • Only 1 home sold in 2013

In this market, with historically low inventory of homes for sale, it is certainly surprising to see 4 of these estate homes come on the market virtually at the same time.

Current Manhattan Village  Homes for Sale

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

ARE YOU INTERESTED

in owning your piece

of the luxury beach lifestyle

BUILDING LOCATION

Keith Kyle has been a full time realtor in Manhattan Beach since 2005 and has been recognized as one of the top producing agents at Vista Sotheby’s every year since 2007

ADDRESS:

2501 N Sepulveda Blvd., Manhattan Beach CA 90266

Phone:

310-251-2344

E-mail:

CONTACT AGENT

DRE#01712785

Keith Kyle

REALTOR

Keithkylehomes.com . All rights reserved.