New “Fixer” Hits the Market at 32 Cayman Court in Manhattan Village

One of the latest homes for sale in Manhattan Beach California is located in the gated community of Manhattan Village.  There are three main types of homes in the community and 32 Cayman Court is called a “court” home which is basically a multilevel townhomes.    The home is in VERY original condition and is definitely a cosmetic fixer at minimum. There is some drywall and plumbing work left incomplete but other than that the home appears to be in decent conditon…..with an abundance of needed remodel projects in the very near future.

This plan 3 “court” home offers a split level layout with 2 bedrooms plus a den that can be used as a bedroom.  The layout features an entry level kitchen, dining and living room with sliders out to the private patio.  Head up the small flight of stairs to one of the two primary suites.  Top floor features the 2nd primary suite along with the 3rd bedroom/den.

Townhome Info

  • 3 bedrooms
  • 3 bathrooms
  • 1,876 square feet(approx)
  • $670 HOA dues
  • Priced at $1,550,000
  • Listed by Igor Nastaskin – RE/MAX Estate Properties – 310-378-9494

Contact Manhattan Beach realtor Keith Kyle with Vista Sotheby’s International for more information.

32 Cayman Court, Manhattan Beach, CA 90266 – Listed at $1,550,000

New Website for Fusion At South Bay Homes and Real Estate

By Keith KyleFusion_at_South_Bay_website

We’re happy to announce the launch of our website designed exclusively for the gated community of Fusion South Bay.  Fusion is a vibrant and active community that is just east of Manhattan Beach and offers newer construction at a fraction of the cost of Manhattan Beach.  The townhomes and condos in Fusion is an ideal option for those looking in nearby El Segundo, Manhattan, and Redondo Beach but want something newer and nicer for a reasonable price.

Visit FusionHomesforSale.com for the latest listings, recent home sales, floorplans, community maps and more.

The number of homes for sale in Manhattan Village continues to trend upward while Manhattan Beach inventory remains low

By Keith Kyle

The real estate market in Manhattan Village, the gated community in Manhattan Beach, CA, continues to buck the trend.  While the market in the other neighborhoods of Manhattan Beach has seen record low inventory, few new listings, and extremely high demand for both low end fixers and high end luxury homes, the housing inventory in Manhattan Village has reached near record highs.  The market has still been very active with appropriately priced homes quickly selling quickly but new listings seem to replace anything going into escrow.  I was asked recently by a client whether the higher levels of inventory is indicative of low demand and a less desirable location, but that’s certainly not the case.   It is a very different feel to the rest of the Manhattan Beach but the amenities of the community including numerous pools, 24 hour security, and exterior landscaping and maintenance draws homeowners looking or a greater sense of privacy.Manhattan-Village-Home-Sales

 

The chart to the left shows the number of homes for sale (light green), sold homes (dark green) and current homes “in escrow” (red line) for the past year.  The number of homes on the market in September, 12, was the highest inventory since 2010.

See the current Manhattan Village homes for sale

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.

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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

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2501 N Sepulveda Blvd., Manhattan Beach CA 90266

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