Manhattan Beach Strand Update – 5 Homes on…..5 Homes off

Pricing and Patience Key When Selling Oceanfront Homes in Manhattan Beach

The market for beachfront homes on the Strand in Manhattan Beach is very unlike the rest of the South Bay or even the rest of Manhattan Beach. As these oceanfront homes garner prices unrealistic for even high end home buyers, they often sit on the market or have numerous price reductions before selling. As they’re also frequently pulled off of the market and then put back on with different realtors, the days on market is actually considerably higher than it shows. Some homes can sit on the market for several years.

At the moment there are 5 active homes for sale on The Strand in Manhattan Beach, but that’s with 4 homes recently being removed from the MLS or expiring. Most of these are likely to make another apppearance soon.

 

homes recently pulled off of the MLS for one reason or another.

 

StatusAddressPrice when expiredPrevious PriceOriginal Price$ Per FootSqftTotal Days On MarketDate Off Market
Expired4117 The Strand $5,999,000$6,500,000$6,900,000$2,139.442804/A1,140+2/29/2020
Expired4122 The Strand   $6,700,000$7,200,000$8,200,000$1,612.904154/A1,140+2/29/2020
Expired2200 The Strand   $8,500,000$8,995,000$10,000,000$1,771.204799/A13112/31/2019
Expired3400 The Strand   $15,900,000$16,750,000$19,300,000$2,902.525478/A5832/29/2020
Expired (relisted)3808 The Strand   $16,650,000$16,650,000$16,650,000$3,489.104772/B$9912/19/2019

Current Beach Front Homes for Sale on The Strand in Manhattan Beach

Big Price Reduction on 3400 The Strand in Manhattan Beach

This beachfront south facing corner lot home just recently reduced the price significantly and is now priced at $15,900,000.  It was recently priced at $16,750,000 and had originally been priced at $19,300,000 when it originally went on the market over a year ago.  The home was recently featured in an LA Times article called “The Pitch” where it was compared with another beachfront home for sale at 3808 The Strand in Manhattan Beach.

Contact Manhattan Beach realtor Keith Kyle with Vista Sotheby’s International for more information.

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