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1240 5th Street

Manhattan Beach, 90266

7 Bd
8 Ba
10,009 Sqft
15,006 Lot
$10,300,000 SOLD Price | Closed 10/16/24
Closed Status
158 Days on Market
Apr 10 First Day Active
$12,499,000 Start Price

Description

Rarely does an opportunity come available to own a home on this highly sought after private road in East Manhattan Beach. This sprawling estate offers over 10,000 square feet of lavish living space, including 7 bedrooms and 7.5 bathrooms, set on a premier 15,000 square foot lot. Step into grandeur through the majestic foyer, featuring an imperial staircase that sets the tone for comfortable elegance. The home is exquisitely designed with a careful balance of form and function that make this oasis RARE. Step outside and be greeted by the equally impressive exterior of the property, boasting lush landscaping and mature trees that offer both privacy and seclusion. Whether you're entertaining guests or seeking a quiet retreat, the seamless indoor/outdoor living spaces provide the perfect setting. The primary retreat is incredibly spacious with lavish amenities including a spa-like bath, walk-in closet with separate walk-in shoe closet and dressing room. Other notable highlights include an executive home office, sports bar with entertaining room, in-home theater, fitness studio, wine cellar speakeasy, convenient gift wrapping/storage room, dual-sided garages, sparkling pool and spa, outdoor shower, outdoor firepit & BBQ area. This is the epitome of luxury living in Manhattan Beach and minutes to everything this incredible beach town has to offer!

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Property Details for 1240 5th Street

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Nicholas Schneider
Listing Brokered By
Compass
Type
Residential, Single Family Residence
Year Built
2003 (Assessor)
MLS Area
147 - Manhattan Bch Mira Costa

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
158 DOM
Combined DOM*
158
First Date Active
April 10th, 2024
Closing Date
October 16th, 2024
Sold Price
$10,300,000
Sold PPSF
$1,029
Orig. List Price
$12,499,000
MLS® #
SB24070858
APN
4167021045
Special
Standard

Home Interior Information

Levels/Stories
One, Three Or More
Bedrooms
7
Total Baths
8
Full Baths
7
Half Baths
1
Int. Sqft.
10,009
Flooring
Wood
Heating
Central
Cooling
Central Air
Appliances
SixBurnerStove, Built-In Range, Dishwasher, Freezer, Refrigerator, Dryer, Washer
Int. Features
Breakfast Area, Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, Multiple Staircases, Open Floorplan, Bedroom on Main Level, Dressing Area, Entrance Foyer, Primary Suite, Utility Room, Walk-In Pantry, Wine Cellar
Fireplaces
Den, Living Room, Primary Bedroom, Outside, Recreation Room

Room Information

Laundry
LaundryCloset, LaundryRoom, UpperLevel

Exterior Information

Lot Description
ZeroToOneUnitAcre, Landscaped
Lot Size (sq. ft.)
15,006
Lot Size (acres)
0.34
Security
SecuritySystem, CarbonMonoxideDetectors, FireDetectionSystem, SmokeDetectors
Pool
Heated, In Ground, Private
Parking Spaces
4
Garage Spaces
4

Utilities Information

Water Source
Public

Additional Information

Prop. Condition
UpdatedRemodeled, Turnkey
Zoning
MNRS
Co-Agent
Nathan Staggs
Co-Agent Office
Compass

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Get directions to this property:

Neighborhood Information

MLS Area
147 - Manhattan Bch Mira Costa
City/State
Manhattan Beach
Zip Code
90266
County
Los Angeles
# of Units
1
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School Information

District
Manhattan Unified
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Listing/Price History

1240 5th Street, Manhattan Beach, (MLS® #SB24070858)

Date Details Price Change
Closed $10,300,000
Pending (from Active)
Price Reduced (from $12,499,000) $11,299,000 $1,200,000 (9.60%)
First Day Active $12,499,000
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Listing Summary

Quick Summary of 1240 5th Street: This 7 Bedroom/8 Bathroom home in Manhattan Beach is priced at $11,299,000 ($1,129/PSF) . The 10,009 sqft. Single Family Residence residence was originally built in 2003 and was listed on April 10th, 2024 at $12,499,000, showing 158 Days on Market currently. Contact Dave Fratello today for more information or to go see 1240 5th Street.

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Based on information from California Regional Multiple Listing Service, Inc. as of December 12th, 2024 at 12:20am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.