Considering that there were 6 total on market oceanfront property sales in all of 2020, the past 45 days has been nothing short of
amazing on the Manhattan Beach Strand. The Strand is the oceanfront stretch of homes extending from the beginning of Hermosa Beach to the end of north Manhattan Beach (which was somewhat rebranded from El Porto which it had always been called) Since the beginning of September there have been 6 closed escrows on this iconic beachfront location. The average “list” price for the homes that sold was $10,832,167 with the average “sold” price at $10,562,500….although many of the “list” prices had been dropped from their initial price when first on the market.
There are still several oceanfront homes for sale on both the Manhattan Beach Strand as well as the Hermosa Beach Strand
Beachfront Homes that Have Sold Since September – Oct 18 on the Strand in Manhattan Beach
you’re looking for. 2804 is a beachfront single family home with a pretty spectactular guest studio over the garage. This beachfront home offers a bit of a pacific rim flair with mahogany accents and a more exotic look than some surrounding properties. The home offers just under 3,500 square feet (BTV) with the current configuration being 2 bedrooms plus office as well as a pretty impressive guest suite over the garage with a huge oceanview deck.
is that inventory just keeps going down. July of 2020 saw 134 active homes for sale while July 2021 only offered 64 and that dropped even further in August.
Manhattan Beach with an impressive 55 on market home sales. The average list price was $2,963,145 with the average “sold” price of $2,981,462. Homes averaged only 39 days on market before going into escrow and the average price per foot was an impressive $1,314. The top on market sale of the month (there was an off market sale slightly higher) was for a walkstreet home at 316 20th Street that sold for $7,000,000. Of the 55 homes that sold the breakdown was:
located at 2508 The Strand. This 3 level home designed by Giorgio Dazzan and built by Baldwin Construction offers a great location with stunning and unblockable beach and ocean views. The home offers 4 bedrooms, 6 baths and over 4,500 square feet on a 3500+ square foot lot. The home enjoys approximately 33 feet of beach frontage.
built…..some just have more charm and that certainly appeals to some buyers. 124 8th Street is definitely one of those homes. It’s not huge with only 3 bedrooms, 2 baths and 1,760 square feet, but the look and feel is straight out of Coastal Living Magazine and definitely transports you back to slower days. The home was built in 1909 and has clearly been well maintained and loved over the years. Everything about it exudes original beach charm and the location is just about perfect….steps to the beach and downtown Manhattan. It sits on a 2,700 foot lot on a great south Manhattan walkstreet. It’s price of $5,199,000 is likely going to be a challenge and this home will most likely be sold for the lot, but we sure hope someone that loves the look and feel of original Manhattan Beach keeps it just the way it is.