Another recent sale on the beachfront strip known as the Strand in Hermosa Beach reveals a bit about this high end market. The home at 1534 The Strand had been on the market for quite a while and was originally listed with another agent. The home was originally priced at $11,900,000 back in June of 2019 with a number of price reductions leading up to the final list price of $9,999,000. This beachfront home eventually sold for $3.2M below the original list price which is pretty reflective of the Strand real estate market in both Hermosa and Manhattan Beach.
The home was very nice with quite an abundance of custom features. The top level was pretty spectacular and the showcase of the home with a huge deck that offered an ocean view jacuzzi, outdoor kitchen, spacious seating area and something pretty rare for Strand homes…..a bit of privacy.