It's been tried, but no one has succeeded before.
Liberty Village, known traditionally as one of the most affordable areas of Manhattan Beach, hasn't previously seen a home sell over $3M.
Now, the future is here.
1900 Lynngrove (5br/6ba, 3600 sqft.) has just closed well past that mark at $3.125M, only…
It's been tried, but no one has succeeded before.
Liberty Village, known traditionally as one of the most affordable areas of Manhattan Beach, hasn't previously seen a home sell over $3M.
Now, the future is here.
1900 Lynngrove (5br/6ba, 3600 sqft.) has just closed well past that mark at $3.125M, only $25K below asking.
The corner-lot new-construction home is special, pleasing and boasts a (slightly) oversized lot (about 5800 sqft. instead of the typical ~5400).
It was a must-have product from the start.
(All photos in this post are from 1900 Lynngrove, despite references to other properties.)
Only 9 days tolled on the market while buyers lined up to make it theirs.
Interesting side note: The buyer who just paid more than anyone ever has in Liberty Village was evidently cost-conscious in one respect, using a discount broker that promotes offering a rebate to buyers.
At $3.150M to start, 1900 Lynngrove did not have the highest list price ever tried in Liberty Village.
A few blocks away, a somewhat daring modern new home at 1304 Lynngrove began giddily at $3.199M (pre-completion) in 2015 before finally selling 18 months later for $2.599M. (See "Pushing $3M in Liberty Village?")
In the past few years, 4 new homes in Liberty Village (east of Redondo) have sold between $2.570M and $2.780M, the high at 2200 Harkness coming last Summer, in August 2018. All were of similar size to 1900 Lynngrove.
But now 1900 Lynngrove is the undisputed king of the LV.
On a closing note, here's a bit more detail from the official description:
"One of a Kind new construction GREEN home. This one is not like the others! Situated on an over-sized corner lot, this gorgeous new home is appointed with photovoltaic solar panels, energy efficient appliances, zone controlled heating and A/C, LED lighting, and a tankless water heater... Stunning kitchen with an over-sized center island. The kitchen offers quartz counters, walk-in pantry, stainless steel appliances including a German Liebherr refrigerator, Bosch dishwasher, and an Italian Bertazzoni 6-Burner stove. Beautiful, open floor plan with a fabulous GREAT ROOM featuring La Cantina doors that open out to a large grass (real grass) backyard."
"Don't miss the detached GUEST HOUSE - perfect for guests or a home office. Spacious main floor en-suite bedroom plus four more bedrooms upstairs along with an additional loft/study area. Additional upgrades including dual-zoned A/C, skylights, hardwood flooring, 10' ceilings, pre-wired for security surveillance and surround sound."
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of March 21st, 2023 at 11:15pm 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.
