About the Manhattan Beach Hill Section
Homes in the Manhattan Beach Hill Section are highly desirable. The neighborhood, which as you may have guessed is on a hill, is bordered by Pacific Coast Highway to the East, Ardmore Avenue to the West, Manhattan Beach Blvd to the North and the City of Hermosa Beach to the South.
The Hill Section is comprised primarily of Single Family Residences (SFRs) including some of the largest homes in Manhattan Beach.
Many of these properties are also on large lots and have either city, mountain, or ocean views. Or all three.
When you are situated on the West side of the hill, you will enjoy sweeping views of the ocean from Palos Verdes to Malibu and beyond. If you find yourself on the North or East side, you can often have incredible views of the glimmering lights of Downtown Los Angeles.
In addition to the large lot sizes and views it is a fairly easy walk or bike ride to the beach or downtown from most Hill Section homes in Manhattan Beach.
Manhattan Beach Hill Section Home Prices
Hill Section Homes are some of the most expensive in Manhattan Beach. This area does not see as much turnover as the Sand Section or Tree Section, also location West of Sepulveda in Manhattan Beach.
During calendar year 2016 there were 32 sales in the Hill Section compared to 26 in 2015 and 34 during 2014.
For 2016 prices ranged from $1,357,000 for a 1558 SqFt 3/2 on a 3439 SqFt lot up to $8,950,000 for a 6 bedroom home that is over 7000 SqFt on an over 9000 SqFt lot.
Out of the 32 sales, only 3 were townhomes and all those were located on Manhattan Beach Blvd.
Here's some other statistics for 2016 sales.
- Average Selling Price: $3,349,037
- Median Selling Price: $2,915,000
- Average Days on Market: 58
- Average House SqFt: 3112
- Average Lot Size: 6685
- Sold Below ML List: 23