The top sale of the month in Manhattan Beach was a hill section estate located at 219 Anderson. The home was huge at almost 6,500 square feet and offered some great ocean views from the 8,000+ square foot elevated lot. The home closed escrow at $6,500,000 which didn’t sound surprising given the $7,000,000 but it wasn’t long back that it was listed at $8,950,000 and the originally at $10,000,000 in September.
One of several high end properties on the market in the Manhattan Beach hill section is an estate style property at 219 Anderson. The home offers almost 6,500 square feet on a spacious 8,000+ foot lot. The location makes for some great panoramic ocean views. The home is very formal and ornate and doesn’t offer much of a coastal feel.
While the number of homes for sale in the hill section of Manhattan Beach is fairly limited, it still warrants mentioning just where the prices in this prestigious part of town currently reside. The hill section of Manhattan Beach is one of the most sought after neighborhoods in all of the South Bay, if not LA due to a number of factors…..the combination of very large lots allowing for both large homes and large outdoor areas, estate style properties, great schools and some great ocean views…..but the current (as of 11/19) average list price of $7,260,111 and a median list price of $7,900,000 is pretty amazing.
Current Manhattan Beach Hill Section Homes for Sale
The latest listing in the prestigious hill section of Manhattan Beach is a familiar one which has been on an off the market since 2015. The home is massive with just under 8,000 square feet featuring 5 bedrooms and 9 total baths. Built in 2008 the home last sold in 2010 for $5,250,000. The challenge has been the price tag combined with the location. The home is on Pacific which is a highly sought after street, but the lot extends to, and the home fronts, Ardmore which is a fairly busy street. Since 2013 the home has been on the market 6 times generally priced at similar numbers to the current $7,995,000. The home offers ocean views, home theatre, open layout on 3 levels, game room, 3 stop elevator and more.