Homes for Sale Manhattan Beach CA | Recent Comps


No matter how many times I've done it, whenever I come over the crest of the hill on Manhattan Beach Blvd and see the Pier and downtown Manhattan Beach CA I get that certain Manhattan Beach feeling. Its not something you can really explain, just a way you feel as in living the SoCal lifestyle.


And there's no better way to actually experience it than by owning a home in 90266. But I assume you expect me to say that because this is after all a Manhattan Beach Real Estate website published by a Realtor!

With July closed home sales in Manhattan Beach CA already in the books, this is a pretty good opportunity to take stock of how the market is looking year to date in 90266 for 2015.

There were 32 closed escrows during July ranging in price from $660,500 for a 2 bedroom condo on Artesia Blvd up to $9.5M for a Walkstreet home in the 100 block. Total dollar amount was $82,997,500 for the month.


By MLS Area the breakdown for July was:
  • Sand Section 4
  • Tree Section 9
  • Hill Section 1
  • Manhattan Village 2
  • Manhattan Heights/Liberty Village 7
  • East Manhattan Beach/Mira Costa 9
By comparison there were 14 sales in Hermosa Beach CA, 63 in North Redondo Beach and 46 in South Redondo Beach. So, in general "Beach Cities" Real Estate is doing quite well - particularly if you are selling.

FYI, there is no doubt that sales and inventory have both declined compared to previous years. So if you are a buyer, prices are up and sales are down, not so good. For a seller, well its a seller's market.

Fewer homes are being sold in Manhattan Beach CA 90266

MANHATTAN BEACH HOT PROPERTIES

There were 2 Walkstreet Single Family Residences (SFR) sold for over $9M. Well actually at $9.5M and $9.475M. Yes, I know those used to be Strand prices. All I can say is the market has gone up. So here's what you can buy for $9.5M on a Manhattan Beach Walkstreet.


205 20th Street: "One Of The Finest And Most Opulent Custom Built Contemporary Homes Ever Built! Designed by Louie Tomaro, the architectural elements of this home seamlessly and beautifully combine indoor living with the outdoor space. Custom designer finishes throughout. Very spacious and open floor plan with high ceilings and Kolbe folding doors open to decks, the front yard and walk street. Panoramic Ocean views throughout. Great room with fireplace, wraparound balcony and dining, gourmet kitchen with island, walk-in pantry and high end appliances, separate family room adjacent to the outdoor living room deck with fireplace and kitchen. All bedrooms are on the entry level with the laundry room. Master suite features a balcony overlooking the walk-street, fireplace and blackout shades. Other features include a game room adjacent to the state of the art theater and wine cellar in the basement, Savant iPad integrated control for audio, video and security system including high end Samsung televisions and exterior cameras, full Crestron lighting and window shade system, elevator, central vacuum, water softening system and 3-car garage. Prime location, just 1 block from the beach and a very short walk to the pier, restaurants and shops."


Listing Broker Shorewood Realtors. Selling Agent Coldwell Banker Residential.


116 25th St: "Rare find in the Sand Section of Manhattan Beach, this home has 60 feet of walk street frontage with 45 feet of width. This not only ensures better views, but provides for a superior spread out floor plan. This magnificent home features 5 bedrooms, 4.5 bathrooms, an office, game room, a 2,000 bottle temperature controlled wine cellar, 5 car parking, elevator, ample storage and appx. 5,000 sqft of living space! Step into the luxury beach lifestyle with panoramic views from Catalina to Malibu! This layout is an entertainers dream, with a complete open floor plan perfect for viewing sunsets and entertaining guests year round. Enjoy a chef’s kitchen with built-in banquet, breakfast bar, eat-in kitchen, walk-in pantry, wine fridge, formal dining room and living room, and family room with beautiful built-ins set up for a wine connoisseur. Home features air conditioning, 2 fireplaces & European beech wood flooring. This property is equipped with state-of-the-art Savant Suplemen system to run alarm, cameras, mecho shades, audio system and TV system. Enjoy all the modern conveniences in this gorgeous home, and when you’re relaxing spread out on your spacious top floor patio and watch the dolphins surfing the waves in beautiful Manhattan Beach, California!"



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