Welcome to the real estate recap for March 2021 in beautiful Manhattan Beach. It was another huge month in the Manhattan Beach real estate market during March 2021. There were 42 homes sold in this coastal community compared with 25 in March of 2020. In addition 53 homes went into escrow durring the month. The median sales price was an impressive $3,448,000.
3612 Alma, Manhattan Beach CA – Listed for $2,795,000
While it may not be oceanfront…..it certainly enjoys some big ocean views. Welcome to the good life in Manhattan Beach…welcome to 3612 Alma in the sand section and just a few blocks to the beach.
Offering unblockable views of the ocean, coastline and Santa Monica mountains from multiple levels, this impressive townhome features bright and spacious interior spaces with a flexible floorplan for every lifestyle.
Beautifully updated and maintained this ocean view townhome looks, feels and lives like a single-family home.
The ground floor offers a large and adaptable bedroom perfect for home office, gym or separate quarters for friends and family with private patio, walk in closet and ensuite bath. The middle level features three bright and spacious bedrooms highlighted by the oversized master suite complete with private covered ocean view deck to enjoy summer sunsets and ocean breezes.
Head upstairs to be wowed with the open layout and fantastic views from every corner. Spacious open concept living with gleaming maple hardwood floors, oversized windows, Shade Store motorized shades, cozy stone fireplace and so much more. Gourmet kitchen opens to the living and dining rooms with Viking appliances, granite counters and beautiful cabinetry. Ideally located, the home is minutes from the beach and moments from the revitalized shopping and dining areas of North Manhattan. Complete with parking for 6 cars this home has it all. Upgrades include the recent addition of central air, home automation wired for lights, sound, security and more. Perfect location for commuters or use the 4th bedroom for your home office. Contact listing agent Keith Kyle with Vista Sotheby’s International for more information or to arrange a private showing
If you’re looking for something beyond the ordinary and unlike anything else in the
417 Paseo De La Playa Redondo Beach
South Bay, the incredible legacy type property at 417 Paseo De La Playa is worth your attention.
417 & 421 Paseo De La Playa is an incredible home (actually 2 distinct homes) at a price rarely seen in the South Bay. The previous sale of this property by Vista Sotheby’s International back in February of 2018 at $22,650,000 set a record at the time for a single family home in the South Bay. Currently listed at $22,995,000 the home has already had a substantial price reduction from the original $26,995,000 when it was originally brought to market in December.
As described by the listing agent this is truly a “compound” with multiple properties each fronting the ocean, huge outdoor areas, oceanfront pool and spa and more. Consisting of two distinct homes, combined they offer approximately 15,728 square feet on a massive 62,757 square foot oceanfront lot that extends to the sand and offers direct beach access down a trail. The main home features 5 bedrooms and 8 bathrooms, with the second “guest” house featuring 5 bedrooms and 7 baths.
Beyond the view, the outdoor amenities include an incredible pool and spa, fire area and even a private beach volleyball court.
4020 Bluff Place, San Pedro - Listed for $1,999,000
**Update** This is an older post and this home sold in 2021 and is no longer for sale.
We’re having a bit of a flashback moment as we represented the seller on this home a few years back. It’s back on the market and is once again an opportunity for the right buyer. The home is on the Palos Verdes Peninsula but sits in the city of San Pedro…..if it was in the city of Palos Verdes the home would definitely have an entirely different price tag. The views both day and night are amazing. It sits high over the water with commanding views of the ocean, beach, LA harbor and the coastline.
The home itself offers 3 bedrooms, 3 baths, and just under 2,400 square feet. This two level home offers sit down ocean views from both floors and the outdoor spaces are simply amazing.
Back on the Market - 505 Paseo De La Playa in the Hollywood Riviera
After being pulled of of the market for a short period of time, the oceanfront home at 505 Paseo De La Playa is back on the market and avilable priced at $5,500,000. As with many of the sales on Paseo De La Playa it’s an older home in fairly original condition but it’s tough to beat the location. It offers 4 bedrooms, 3 baths and almost 3,200 square feet on an expansive 26,985 square foot lot (BTV) that stretches all the way to the beach.
The price is likely going to be a bit of a reach for the seller as the home just up the street at 529 Paseo De La Playa just closed escrow at $5,650,000 and the home was in similar condition but had a slightly bigger flat yard facing the ocean and also had extensive (and expensive) shoring done to the hillside which is always a challenge due to California Coastal Commission restrictions. The home at 505 Paseo De La Playa has apparently had some hillside challenges. Another upgrade on 529 was the addition of a trail down to the beach when the shoring was done which is a pretty significant value added as it’s so tough to get CCC approval.
505 Paseo De La Playa
Listing courtesy of Dan Mullin – RE/MAX Estate Properties
2304 The Strand Hermosa Beach - Priced at $13,95,000
The home at 2304 The Strand has always been an interesting property when walking or biking past. Originally built in 2007 it had unusual features inside and out and it often looked like the owners never fully moved in. While it’s definitely been cleaned up and interior spaces brightened and decluttere, some of those features remain including the turf yard with a very short lazy river and a bridge….not exactly something you often see at the beach.
The interior had been a mystery for a while as well but that’s now changed and this corner lot home is on the market for just under $14,000,000. The location is pretty ideal with a north facing corner lot in the northern Hermosa sand section making it convenient to head to either pier area. The home itself offers a mediterranean style with 5 bedrooms and 5 baths and a little over 3,600 square feet on an oversized 4,224 square foot lot.
Hermosa Beach has often been recognized as one of the top beach towns in America and it’s pretty tough to beat this spot. Great weather, ideal location and top Hermosa Beach schools.
Another addition to the crowded beachfront market in Hermosa Beach just hit the market this week at 3031 The Strand. Listed at $12,975,000 this is an older home that could be either a remodel project or tear down for new construction. The current home has a lot to offer but it’s unlikely a buyer in this range would keep the home in it’s current state. What makes this home so special is the location and lot size. The north Hermosa Beach sand section location makes for a much quieter locale compared with homes closer and south of the pier.
While Sotheby’s was already one of the most trusted and reputable brands in real estate, the company continues to increase what they have to offer.
Some of the very impressive 2019 stats include $114 billion dollars in overall sales, 1,000 offices in 70 contries, 34 million visits to sir.com (Sotheby’s International Realty website) which was 14% higher than 2018, and 41 of the top 250 agents in the country.
For our clients looking for a global reach and international exposure for their home Sotheby’s has offices in 70 coountries and 1 of every 3 offices is outside of the United States.
In 2018 the highest on market residential sale took place at 417 Paseo De La Playa. We wrote several articles when it first hit the market as well as when it sold. Although it was one address it was really two incrdible parcels of land with two stunning homes being sold as one. With over 62,000 feet of oceanfront lot it was most definitely a legacy property and one that likely won’t be duplicated anytime soon. While there are a few properties currently on the market in the $22,000,000 range, one at 1901 Manhattan Ave in Hermosa Beach and the other at 3001 The Strand in Hermosa Beach, there have only been 3 other homes that have sold in the rarified air of $20,000,000.
417 Paseo De La Playa was an incredible home with unblockable views not only of the ocean, but of both Palos Verdes and the coastline as well. The homes offered over 10,000+ square feet of living space with just about all of it having stunning views. Built in 2005 the homes offered resort style grounds with a massive pool and spa deck overlooking the Pacific. The listing agent was Chris Adlam of Vista Sotheby’s International Realty.
brands throughout the world. The recently released 2019 stats make it clear that this powerful real estate brand continues to grow and dominate the luxury real estate market in the South Bay. 
