One of the latest beachfront homes to sell on the Manhattan Beach Strand is definitely a good indicator that this ultra high end luxury market is picking up steam. The home at 2316 The Strand offered 6 bedrooms, 7 baths with a contemporary design and over 5,000+ feet of living space. Built in 2016 the home offered a spacious layout billed as a coastal contemporary design with dark wood accents both inside and out. The home offers 3 spacious outdoor decks and patios to take in the unblockable views of the ocean, beach and pier.
The home had originally been listed at $17,500,000 in fall of 2020 without much traction. The home was then lowered to $16,500,000 and with little traction was pulled off of the market. It recently came back on the market as pending and sold just about a year after it was originally listed for the full $16,500,000. When a home is on the market that length of time and sells for full price….demand is clearly picking up. Even more impressive, this wasn’t even the highest priced home sale of the month. That honor went to 508 The Strand which closed at $19,200,000.