Highest-Priced Sand Section Sales of 2020

By Dave Fratello | January 4th, 2021

We've already given you a look at the lowest-priced sales of 2020.

But it's always fun to take a run through the higher sales. We'll go section by section in a series of posts. First up: The Sand Section.

Strand Division

As is often the case, this year's top Manhattan Beach sales occurred not only in the Sand Section, but on or near The Strand. So we'll start there.

2722 The Strand (6930 sqft. lot)

The top sale of the year for all of Manhattan Beach was a waterfront double lot with a sizable multi-unit building (8br/9ba, 6025 sqft.).

Sale price: $17.750M.

Regular readers will recall this listing from oh-so-far-back in October 2015, when it was actually up against another oversized landmark lot (1000 The Strand, then asking $28.900M). (See "Battle of the Big Strand Lots Begins.")

2722 The Strand, when it was first listed, came out at $28.500M, presented by an out-of-area listing agent who appears never to have sold a Manhattan Beach property, and who had most recently closed a $630K sale in San Pedro. That agent continued not selling it through early 2017.

Others tried (and failed) at somewhat lower prices through the end of 2018, and a third crew took over in late 2019, posting the offering price at $22.750M. Even that listing failed, quitting in July this year. But lo, by August it was back and in escrow. A buyer had finally arrived.

The sale closed a cool $5M lower than asking, $10.750M below that ancient start, and $3.250M below 1000 The Strand's mid-2017 trade price of $21.000M.

2722 The Strand was a biggie, but not even the only biggie on The Strand this year.

Indeed, in a year when The Strand was memorably closed for a period of time, there were still 6 sales totaling $61.3 million on the Manhattan Beach waterfront.

For instance, a lot sale at 516 The Strand set a South End record at $14.500M in August.

A modern (2010) home at 1804 The Strand (5br/5ba, 4000 sqft.) rappelled from its lofty asking of $18.500M to sell for $10.500M. Two more Strand sales hit $7M or above.

Walkstreet Division

202 Ocean Drive Manhattan Beach CA202 Ocean Drive (5br/6ba, 4150 sqft.)

You can certainly see The Strand, as well as the ocean, from this 2006-built (and upgraded) custom Cape Cod.

A South End walkstreet corner home on Ocean? Yowza.

This time: $11.000M.

Tax records appear to show a prior sale in Spring 2015 at $9.600M.

221 19th Street Manhattan Beach CA221 19th (6br/7ba, 5650 sqft.)

This oversized 4-level modern was properly glamorous, with great views from high up one of the walkstreets near downtown.

Was the asking of $10M on this spec new construction too ambitious?

Not really. Sold for $9.700M in February.

(What a place to quarantine.)

229 8th Street Manhattan Beach CA229 8th (5br/6ba, 4150 sqft.)

This conventionally sized, beachy new construction near town came out at $8.799M.

Sold for about $1M less, at $7.800M.

On a similar note, a 2014-built modern at 216 13th (5br/5ba, 4620 sqft.) had to climb down more than $1.1M from asking, closing for $6.900M. Curiously, it sold for $7.000M new in 2015.

Mixed Division

2613 Crest (4br/5ba, 2850 sqft.)

This sale was the highest price for a townhome in 2020.

It was the rear and "senior" new modern townhome built right up behind Bruce's Beach Park. The steep slope gives homes up here enormous views with no possible obstruction in front.

Sold price: $5.999M.

(The front unit, 2612 Highland, closed for $5.300M.)

504 1st (5br/7ba, 5550 sqft.)

This sale was the highest-priced SFR in the Sand Section off of a walkstreet or Strand location.

Sold price: $5.204M.

The home boasts an unusually large lot (~5300 sqft.) in a unique location, abutting a busy street, walkway to the school and a big view over the Robinson school's playing fields.

420 31st Street Manhattan Beach CA420 31st (5br/6ba, 4500 sqft.)

This glamorous, beachy home with ocean peeks now has twice become the highest-priced SFR sale in the 400 blocks of the North End. ("The flats" or "the plateau," whichever you prefer.)

New, it sold in Jan. 2018 for $4.637M.

In Dec. 2020, it resold for $4.800M, this time with multiple offers.

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