3404 The Strand – Beachfront Duplex Returns to the Market at $14,250,000

3404 just hit the market and although it looks like a new listing it’s actually a relist…..new realtors and new price.  This is a unique beachfront duplex that hit the market at $14,995,000 about 45 days ago and it’s now relisted at a new price of $14,250,000.  There is an abundance of beachfront Strand listings currently available but 3404 The Strand is a bit different and certainly unique.   This is a Manhattan Beach sand section duplex that isn’t the usual primary home with a small unit over the garage.  3404 The Strand offers two sizable homes and both have incredible views.  The 3 level front home sits just off of the sand and offers unblockable ocean and beach views and is a bit larger than the rear home.   The rear home is what really makes this property unique as it is considerably taller than the current height limits would allow but grandfathered in allowing it two levels each with magnificent ocean views.

View all of the beachfront homes for sale on the Manhattan Beach Strand

3404 The Strand Details

  • 8 total bedrooms, 5568 total sq feet  (buyer to verify)
  • 3,507 sq foot beachfront lot
  • Front home offers 4 bedrooms and 3.5 bath
  • Rear home offers 4 bedrooms and 3.5 baths
  • Built in 1974 but extensively remodeled
  • Listed by Nicholas Schneider & Mark Leddy – Compass – 310-241-3038

Contact coastal real estate specialist Keith Kyle with Vista Sotheby’s International for infomation on similar homes.

3404 The Strand, Manhattan Beach, CA 90266 – Listed for $14,250,000

Beachfront Home Sells for $2,500,000 Below the List Price

A recent home sale saw a buyer get a great deal on a very unique home.   3004 The Strand was a “historic” home with a very unuusal layout, design and configuration that  closed escrow in June 2020 at a price significantly below the list price.  It was listed at $9,495,000 and closed at $7,000,000.  It may not be a coincidence that it’s one of the few beachfront home sales in the past year.  It hadn’t been on the market (especially in relation to most current beachfront homes on the market) long but sold at a significantly lower price.

View all of the homes for sale on the Manhattan and Hermosa Strand.

3004 The Strand, Manhattan Beach

Recent Beachfront Home Sale – 2304 The Strand in Manhattan Beach Sells for $7,400,000

It’s been a while since the last beachfront home in Manhattan Beach closed escrow, but that just recently changed with the sale of 2304 The Strand.  This was basically a lot value sale and had been on an off the market for some time with a number of price reductions.   Originally listed in January of 2019 for $9,950,000 the price was reduced $8,999,000 in July, then $8,250,000 in October, to settling at $7,950,000 in November.  It’s not unusual for most Strand homes to sell for way below original list price (in large part to not being priced in line with value originally) but this was an almost 25% drop from list price.  The two most recent sales on the beach have both been tear down/lot value sales.  The prior sale was at $8,525,000 for 3212 The Strand.

2304 The Strand, Manhattan Beach

strand homes

11 of 39 Sand Section Homes for Sale are Oceanfront

By Keith Kylestrand homes

I’ve written in the past about just how rare and valuable oceanfront homes in Manhattan Beach are.  Nothing has changed in that regard as prices have actually reach stratospheric levels and simply put, the number of homes on the beach is limited and always will be.  They may rebuild some of them, but there’s no room to build new homes.

Having said all of that it’s fairly amazing that over a quarter of the homes available in the sand section of Manhattan Beach are located on the oceanfront street known as The Strand.  A few years back it would have been difficult to find a single Strand home for sale.  Now there are 11 and most are staying on the market for quite a while.  The primary reason for this is that most Strand home sellers are asking for fairly unbelievable prices for their homes.  While there’s always a demand for luxury oceanfront homes even the higher end luxury home buyers are priced out of this neighborhood.

 

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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

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Keith Kyle

REALTOR

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