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1316 Gates Avenue

Manhattan Beach, 90266

5 Bd
7 Ba
4,805 Sqft
5,675 Lot
$5,288,000 Current Price
Active Status
185 Days on Market
Jul 18 First Day Active
$5,950,000 Start Price
Open House: Sun. October 13, 1:00-5:00pm

Description

This custom craftsman Louie Tomaro designed home is open, bright and works wonderfully for a personal retreat, and is great for entertaining. The seller is serious about selling and will consider all serious qualified offers. This home has 5 bedrooms, 6.5 bathrooms, two kitchens, and two laundry rooms. This beautiful home also features separate living room, family room, and a formal dining room, and 3 fireplaces. The gourmet kitchen features a 10-foot island. There are hardwood floors throughout this home. The theater room with yoga area, includes sauna and steam rooms, and a beautiful galley kitchen with wine refrigerator to service this wonderful custom area. this home features ceilings with custom cedar wood. The family room, living room, dining room and main suite all feature natural wood on the ceilings. This house offers a special kind of warmth with its lush mature landscaping, 3 skylights offering open and natural light throughout the home. There is an elevator and a three-car garage with laundry area and a private rear yard. This home also has a solar system with 9 panels. This beautiful home is perfectly located one block west of Pennekamp Elementary and north of Mira Costa High School, close to shopping and beaches and has mountain views. It is not too late to make some custom upgrades such as hot tub, spool, cool dip, etc. Private scheduled walk throughs are available, call for details. This is truly a one of a kind home. Trades Welcome



Some Photos are Virtually Staged Photos.

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Property Details for 1316 Gates Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Dean Thomas
Listing Brokered By
E Real Estate Corp.
Type
Residential, Single Family Residence
Year Built
2024 (Builder)
MLS Area
147 - Manhattan Bch Mira Costa

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
185 DOM
Combined DOM*
185
First Date Active
July 18th, 2023
Current Price
$5,288,000
Current PPSF
$1,101
Orig. List Price
$5,950,000
MLS® #
SB23131622
APN
4168005004
Special
Standard

Home Interior Information

Levels/Stories
Three Or More
Bedrooms
5
Total Baths
7
Full Baths
6
Half Baths
1
Int. Sqft.
4,805
Flooring
Wood
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Disposal, Microwave
Int. Features
All Bedrooms Up, Balcony, Breakfast Bar, Built-in Features, Central Vacuum, Eat-in Kitchen, Elevator, Primary Suite, Separate/Formal Dining Room, Walk-In Closet(s), Wired for Data, Wired for Sound
Fireplaces
Family Room, Living Room, Primary Bedroom

Room Information

Room Type
All Bedrooms Up, Primary Bathroom, Primary Bedroom, Primary Suite, Recreation, Separate Family Room, Walk-In Closet
Eating Area
Breakfast Counter / Bar, Dining Room, In Kitchen
Laundry
LaundryRoom
Kitchen Features
Kitchen Island, Kitchen Open to Family Room
Bathroom Features
Jetted Tub, Walk-in shower

Exterior Information

Lot Description
Back Yard, Front Yard, Landscaped, Near Public Transit, Sprinkler System
Lot Size (sq. ft.)
5,675
Lot Size (acres)
0.13
Pool
None
Parking Spaces
3
Garage Spaces
3

View, Style & Tour Information

View
City Lights, Mountain(s), Neighborhood
Virtual Tour 1
Https://1316gatesave.com
Open House
Sun. October 13, 1:00-5:00pm

Utilities Information

Utilities
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water Source
Public

Additional Information

Prop. Condition
UnderConstruction
Zoning
MNRS

* 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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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

Elementary
Pennekamp
High
Mira Costa
District
Manhattan Unified
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Listing/Price History

1316 Gates Avenue, Manhattan Beach, (MLS® #SB23131622)

Date Details Price Change
Price Reduced (from $5,450,000) $5,288,000 $162,000 (2.97%)
Price Reduced $5,450,000 $500,000 (8.40%)
First Day Active $5,950,000
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Listing Summary

Quick Summary of 1316 Gates Avenue: This 5 Bedroom/7 Bathroom home in Manhattan Beach is priced at $5,288,000 ($1,101/PSF) . The 4,805 sqft. Single Family Residence residence was originally built in 2024 and was listed on July 18th, 2023 at $5,950,000, showing 185 Days on Market currently. The nearest elementary school is Pennekamp and the local high school is Mira Costa . Contact Dave Fratello today for more information or to go see 1316 Gates Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of October 13th, 2024 at 3:01pm PDT. 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.