New Beachfront Home Joins a Crowded Strand Market at 1516 The Strand in Manhattan Beach

1516 The Strand Mahattan Beach

The latest addition to the crowded beachfront Strand market is 2005* built 3 level home at 1516 The Strand.  Just a few blocks from the Manhattan Pier this is not a bad place for home quarantine and offers a luxurious vacation lifestyle. 

With just under 5,000 square feet* this 4 bed, 4 bath home was originally a custom build and offers incredible views of the beach, ocean and Manhattan Pier.

The location has pros and cons as it’s very close to the pier so it makes for an easy venture into the downtown areas but it’s also close enough to be impacted a bit by the congestion….especially in the summer.  

1516 The Strand, Manhattan Beach - Priced at $18,900,000


Listing courtesty of Kurt Rappaport & James Nasser of Westside Estate Agency

Sale of 3004 The Strand A Definite Indicator of a Slow Beachfront Market

3004 was the first beachfront Strand sale in a while and it was a great deal for the buyer. Listed at $9.5M it sold within a few weeks and just closed escrow at $7,000,000 which is below land value for that location.

The recent sale of the historically relevant beachfront home at 3004 The Strand was definitely an indicator of a very slow Strand market.  It was a very unique situation as it was a custom built home that likely wouldn’t work in it’s current form for multi-million dollar luxury home buyers but it was also not being sold for land value.  Having said that it sold at $7,000,000 which is a bargain for the buyer.  It hadn’t been on the market (especially in relation to most Strand homes) long but sold at a significantly lower price.  It was listed at $9,495,000 and closed at $7,000,000.

View all of the homes for sale on the Manhattan and Hermosa Strand

3004 The Strand, Manhattan Beach

Manhattan Beach Real Estate Recap for May 2020

Welcome to our quick recap for real estate in Manhattan Beach during the month of May.  While there are currently 2 beachfront Strand homes in escrow, there were no Strand sales during the month of May.  Home sales in the city of Manhattan Beach were way down with only 20 homes that closed escrow compared with 45 in May of 2019.  On the other hand, house prices were very impressive with the median home price of $2,642,000.  Homes that sold averaged only 36 days on market compared with 44 the year earlier.

View all of the current homes, houses and townhomes for sale in Manhattan Beach CA

View all of the current beachfront homes for sale on The Strand in Manhattan Beach

New Corner Lot Beachfront Home in an Ideal Location Hits the Market – 1920 The Strand

1920 The Strand, Manhattan beach - $16,900,000

Just listed on 5/22, the already crowded Strand just had another addition with 1920 The Strand.  This beachfront home is ideally located on a corner walkstreet location that’s close enough to downtown Manhattan Beach without being so close as to really deal with much of the congestion.  Listed for $16,900,000 the home was built in 2002 and offers 5 bedrooms, 7 baths and over 5,500 square feet.

1920 The Strand, Beachfront Home in Manhattan Beach

Listing provided by Bryn Stroyke – Stroyke Properties Group

4216 The Strand – Newly Listed Duplex Hits the Market in North Manhattan

4216 The Strand - Beachfront Duplex listed for $7,000,000

The newest edition to the crowded beachfront home market on The Strand in Manhattan Beach is a spanish style duplex at 4216 The Strand.  Located in North Manhattan, or El Porto, the $7,000,000 price tag is going to have definite appeal as it’s priced less than half of what most of the other beachfront properties are currently listed at.  The main home offers 3 bedrooms and 5 baths with a combined square footate of over 3,800 square feet.

A separate 2 bed/1 bath unit above the garage includes a gas fireplace, laundry, and deck with panoramic ocean views and is perfect for out of town guests or as a rental property to offset costs.

Property information for 4216 The strand


Get to Know the Sand Section of Manhattan Beach

Manhattan Beach Sand Section Real Estate

If living beachfront on The Strand isn’t quite the right fit, or if it’s a bit out of the budget but you still want to live “at the beach”, the sand section may be the ideal area of Manhattan Beach for you.

The sand section is often what people envision when they think about the luxury coastal lifestyle…walking to the beach, dazzling summer sunsets, great weather and plenty of sunshine.

The area gets it’s name from the proximity to the beach and the sand section extends from Hermosa Beach on it’s southern end,  to the northern edge of Manhattan Beach known as El Porto or recently rebranded as North Manhattan Beach.

 

In addition to being so close to the ocean, the sand section enjoys both of the primary shopping and dining areas of Manhattan.  The heart of the southern end is downtown Manhattan Beach with a multitude of charming,  high end shops and restaurants along with some old school type bars and dining.  This area is centered around the iconic Manhattan Beach pier.   In the northern end you have the always changing shopping and dining areas in North Manhattan or El Porto.

Housing:  There are still some original beach bungalows but most have since been knocked down to make way for spectacular luxury homes. The remaining original homes are priced so that it only makes sense to put new construction.  These homes are generally sold for “lot” value.

Some of the unique areas are the “walkstreets” in which the homes front a pedestrian only “street” which allows for less noise, no cars, and a much safer atmosphere and the lack of cars make views that much more impressive and the oceanfront homes of The Strand.  Housing in the area consists of primarily single family homes but there are an abundance of townhomes and a few multi unit duplex and triplex opportunities as well.

El  Porto, the most northern area of the sand section, is the most affordable as many of the typical 30×90 foot lots were split and the smaller lots equal smaller homes mean smaller price tags.  The other apeall to North Manhattan  is that the steepness of the area allowing many homes to have fantastic views.  On some streets, each home to the east is slightly higher than the neighbor to the west.

Without question the most sought after property in the sand section are the very rare and always impressive homes located beach front on “The Strand” These homes offer the high end luxury buyer endless and unblockable ocean views.

Current Sand Section Homes for Sale

[ninja_form id=4]

ARE YOU INTERESTED

IT'S TIME TO DISCOVER

Luxury Beachfront Living on The Strand

LOCATION

Vista Sotheby’s International Realty is one of the top brokerages in Southern California and the South Bay.

ADDRESS:

2501 N Sepulveda Blvd, Manhattan Beach, CA 90266

Phone:

310.251.2344

E-mail:

keith.kyle@vistasir.com

Manhattan beach strand real estate All rights reserved. Information Deemed reliable but not guaranteed

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. (“CRMLS”) and is protected by all applicable copyright laws. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. The information being provided by CRMLS & CARETS is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.