First Liberty Village Sale Over $3M

By Dave Fratello | April 25th, 2019

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 Drive Manhattan Beach CA1900 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.)

1900 Lynngrove Drive Manhattan Beach CAOnly 9 days tolled on the market while buyers lined up to make it theirs.

1900 Lynngrove Drive Manhattan Beach CAInteresting 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?")

1900 Lynngrove Drive Manhattan Beach CAIn 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."

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