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Manhattan Beach Real Estate

Search Manhattan Beach Luxury Homes for Sale

It’s a Fine Line Between Just Sold and Still on the Market

August 25, 2016 by Keith Kyle

By Keith KyleManhattan Beach Modern Houses

It sometimes amazes me just how fine a line it is between receiving multiple offers and having a home sit on the market.  As perception is such a big part of real estate, buyers often clamor to the newest listing.  I’m frequently asked how many offers we already have and are we going to wait a few days before responding to all of the offers.  Much of the time I’ll have several agents tell me it’s well priced and “perfect” for their clients and they’ll likely be writing an offer……

 

…..and then nothing comes in.  In our hot real estate market in Manhattan Beach it can sometimes take less than 10 days for the perception on the same home to go from hot new listing, to why is it still on the market.  We often go from thinking there will be multiple offers over list price, to almost no real interest in just a matter of days.  In this crazy market if it doesn’t sell immediately you just may have missed to boat.  The usual important details such as price, marketing and presentation are, of course, critical but we don’t always have control over whether it sells in the first few days and how it quickly goes from a “hot” new listing to luke warm at best.

Filed Under: Communities, Manhattan Beach Tagged With: homes for sale, manhattan beach real estate, new listings, real estate agents in manhattan beach

New Construction Homes in Manhattan Beach

June 13, 2014 by Keith Kyle

New Construction Luxury Homes in Manhattan BeachMB-Construction

With building and new construction homes in full swing in the luxury coastal community of Manhattan Beach, there seems to always be a newly built home coming to market.  As values have increased so dramatically for new construction, builders, developers and architects are going the extra mile to entice buyers.  These new homes feature high end finishes, the latest trends in home building, luxury amenities and are often in A+ locations.  Contact us for lists of current or upcoming new construction homes or visit our daily home updates to have new listings emailed to you.

Current New Construction

  • List View
  • Map View
  • 1648 5th Street, Manhattan Beach, CA
    1648 5th Street
    Manhattan Beach, CA
    Photo of 1648 5th Street, Manhattan Beach, CA 90266 (MLS # SB21003272)
    $4,072,000
    • Lot Size
      7,502 sqft

    • Home Size
      4,828 sqft

    • Beds
      5 Beds

    • Baths
      6 Baths

  • 2522 The Strand, Manhattan Beach, CA
    2522 The Strand
    Manhattan Beach, CA
    Photo of 2522 The Strand, Manhattan Beach, CA 90266 (MLS # SB20255263)
    $7,500,000
    • Lot Size
      3,498 sqft

    • Home Size
      2,660 sqft

    • Beds
      3 Beds

    • Baths
      3 Baths

  • 2615 Palm Avenue, Manhattan Beach, CA
    2615 Palm Avenue
    Manhattan Beach, CA
    Photo of 2615 Palm Avenue, Manhattan Beach, CA 90266 (MLS # PW20251500)
    $4,395,000
    • Lot Size
      4,644 sqft

    • Home Size
      3,260 sqft

    • Beds
      4 Beds

    • Baths
      4 Baths

  • 1515 Gates Avenue, Manhattan Beach, CA
    1515 Gates Avenue
    Manhattan Beach, CA
    Photo of 1515 Gates Avenue, Manhattan Beach, CA 90266 (MLS # SB20248926)
    $5,490,000
    • Lot Size
      7,497 sqft

    • Home Size
      6,570 sqft

    • Beds
      5 Beds

    • Baths
      7 Baths

  • 2316 The Strand, Manhattan Beach, CA
    2316 The Strand
    Manhattan Beach, CA
    Photo of 2316 The Strand, Manhattan Beach, CA 90266 (MLS # SB20237016)
    $17,500,000
    • Lot Size
      3,503 sqft

    • Home Size
      5,475 sqft

    • Beds
      6 Beds

    • Baths
      7 Baths

See all Real estate matching your search.
(all data current as of 1/17/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Filed Under: East Manhattan Beach, Liberty Village, Manhattan Beach, Manhattan Beach hill section, Manhattan Village, Oceanfront Homes, Sand Section, Tree Section Tagged With: homes, homes for sale, listing updates, luxury, Manhattan Beach, new constructions, new listings, real estate

How Do Regular Home Buyers Compete In This Market

February 10, 2014 by Keith Kyle

By Keith Kyle

Every Monday I get together with some other agents and discuss the latest happenings in real estate and each week the news seems to become more discouraging for home buyers in Manhattan Beach.  Homes are selling well over asking, almost all sales involve multiple offers, often buyers are competing with all cash buyers or with builders, and not much that’s remotely priced close to market value lasts longer than a few days.

So how is a “regular” home buyer supposed to compete in this high end market.

The answer, unfortunately, is that until a significant increase in inventory starts to lessen the demand, a regular buyer with conventional financing just may have to wait it out.  What’s driving this is clear….absolutely record low inventory.  As of this article there are only 37 active homes for sale in Manhattan Beach.  Contrast that with the near peak of 284 homes for sale in February of 2009 and it’s not hard to see why each and every new listing is receiving so much interest. The chart below shows the active homes for sale in Manhattan Beach over the last 5 years and at this point…nobody is selling.

Why sellers aren’t listing their home in this market is an entirely different issue as everything from prices, to demand to terms, to interest rates favor them but that doesn’t seem to be making a difference.

Filed Under: Home Prices, Listing Homes, Manhattan Beach, Market Updates, MLS Listings, Real Estate Opinion Tagged With: home buyers, home sellers, homes, Manhattan Beach, market trends, new homes for sale, new listings, real estate

Upcoming Walkstreet Listing at 2903 Manhattan Ave in the Sand Section

February 6, 2014 by ktkyle

South Bay Brokers and Jack Gillespie will shortly be bringing 2903 Manhattan Ave to Market for an estimated list price of $5,000,000.  Located on corner lot on Manhattan Ave with frontage on the walkstreet, this home features some pretty stunning views and offers 4,175 square feet, 3 bedrooms, 3 1/2 baths and was built in 1992.  It is definitely a unique home with features you don’t see in most luxury beach homes but for the right buyer it will be all about location, location, location.  Contact Keith Kyle for more information.

Filed Under: Uncategorized Tagged With: 2903 manhattan ave, new listings, pocket listings, sand section homes

Manhattan Market Stats

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