If you are looking for an almost new SFR in the Manhattan Beach Tree Section, you might want to check out this over priced and just listed REO. Advertised by the listing agent as a "rustic Spanish home" (what does that mean?), it is listed as over 4700 sq ft which is surprising as the lot is listed at 5040. Well maybe that's possible as the listing agent says there is a basement (huh?). Other features include the usual travetine, wide plank wood floors, island kitchen, vaulted ceilings, and one of our favorite features, an outdoor fireplace. As an REO, we would like to see this priced under $2M to move quickly. Another over priced REO, on Duncan in the Hill Section, has been lingering on the market and had a recent price reduction. C'mon MB listing agents, get with the program and price these low enough to get multiple offers in 3 days.