How New Construx is Faring

By Dave Fratello | September 5th, 2019

There's still gold in this sand here in Manhattan Beach.

That's why builders continue to bet big on scraping old homes and building new.

As we enter the Fall market, there's good news for one Hill Section new construction home that had been challenged in recent attempts on the market.

304 N Ardmore Avenue Manhattan Beach CA304 N. Ardmore (5br/6ba, 6350 sqft.) had run 3 prior listings dating back to May 2017.

The newest listing was just 2 months old. The price, its lowest to date: $6.895M.

Today: Deal.

That leaves 24 new construction homes on the market all around Manhattan Beach, including SFRs and townhomes.

Below we're going to give you the complete set of recent new construction listings.

Summary:

- 24 active

- 4 in escrow

- 46 sold within the past 12 months

Our post here is dynamic, meaning whenever you read it, all of the data below will be updated as of the moment you review it on MB Confidential.

A week or a month from now, the stats/numbers above may not apply anymore, but the listings below will be up to date.

We provide active listings, listings in escrow and 12 months' worth of sales. Click on any listing to see full details & photos.

(Email subscribers will need to view this post on the website to see all of the data.)

Active Listings of New Construction

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 216 4th Street BD/BA 3br/5ba SQFT 2754 sqft LOT 1350 PRICE $7,499,000 $PSF $2,723 DOM 7 DOM START $ $7,499,000 START 06/29/22
Address 2617 Vista Drive BD/BA 4br/4ba SQFT 2810 sqft LOT 3494 PRICE $4,950,000 $PSF $1,762 DOM 20 DOM START $ $4,950,000 START 06/16/22

Pending Sales of New Construction

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 235 4th Street BD/BA 4br/6ba SQFT 4308 sqft LOT 2478 PRICE $8,425,000 $PSF $1,956 DOM 40 DOM START $ $8,425,000 START 05/27/22
Address 615 23rd Street BD/BA 5br/6ba SQFT 4388 sqft LOT 4404 PRICE $5,999,000 $PSF $1,367 DOM 6 DOM START $ $5,999,000 START 04/21/22

Recent Sales of New Construction

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 442 23rd Place BD/BA 4br/4ba SQFT 2019 sqft LOT 2723 PRICE $2,850,000 $PSF $1,412 DOM 6 DOM SOLD SOLD 05/06/22 START $ $2,799,000 START 05/06/22
Address 577 31st Street BD/BA 5br/6ba SQFT 4288 sqft LOT 5025 PRICE $5,000,000 $PSF $1,166 DOM 0 DOM SOLD SOLD 04/29/22 START $ $4,999,000 START 04/29/22
Address 665 19th Street BD/BA 5br/7ba SQFT 3598 sqft LOT 4398 PRICE $4,674,000 $PSF $1,299 DOM 54 DOM SOLD SOLD 04/13/22 START $ $4,899,000 START 04/13/22
Address 4320 The Strand BD/BA 3br/6ba SQFT 3592 sqft LOT 1558 PRICE $10,755,000 $PSF $2,994 DOM 23 DOM SOLD SOLD 03/25/22 START $ $10,795,000 START 03/25/22
Address 1501 Elm Avenue BD/BA 4br/5ba SQFT 2947 sqft LOT 4201 PRICE $3,850,000 $PSF $1,306 DOM 0 DOM SOLD SOLD 02/17/22 START $ $3,850,000 START 02/17/22
Address 757 Manhattan Beach Boulevard BD/BA 2br/3ba SQFT 1986 sqft LOT 7710 PRICE $2,125,000 $PSF $1,070 DOM 6 DOM SOLD SOLD 02/01/22 START $ $2,149,000 START 02/01/22
Address 559 31st Street BD/BA 6br/8ba SQFT 4942 sqft LOT 5025 PRICE $6,100,000 $PSF $1,234 DOM 2 DOM SOLD SOLD 11/30/21 START $ $6,195,000 START 11/30/21
Address 2615 Palm Avenue BD/BA 4br/4ba SQFT 3188 sqft LOT 4643 PRICE $3,625,000 $PSF $1,137 DOM 40 DOM SOLD SOLD 11/30/21 START $ $3,995,000 START 11/30/21
Address 1540 1st Street BD/BA 5br/6ba SQFT 4525 sqft LOT 7509 PRICE $4,650,000 $PSF $1,028 DOM 19 DOM SOLD SOLD 11/03/21 START $ $4,699,000 START 11/03/21
Address 714 N Dianthus Street BD/BA 5br/5ba SQFT 3709 sqft LOT 5161 PRICE $4,604,000 $PSF $1,241 DOM 6 DOM SOLD SOLD 10/28/21 START $ $4,495,000 START 10/28/21
Address 1226 3rd Street BD/BA 6br/5ba SQFT 4000 sqft LOT 6269 PRICE $3,900,000 $PSF $975 DOM 38 DOM SOLD SOLD 09/10/21 START $ $4,199,999 START 09/10/21
Address 754 35th Street BD/BA 5br/3ba SQFT 3397 sqft LOT 5406 PRICE $3,042,960 $PSF $896 DOM 2 DOM SOLD SOLD 09/02/21 START $ $3,199,000 START 09/02/21
Address 218 1st Place BD/BA 3br/4ba SQFT 2012 sqft LOT 2703 PRICE $3,393,750 $PSF $1,687 DOM 82 DOM SOLD SOLD 08/18/21 START $ $3,680,000 START 08/18/21
Address 1307 Voorhees Avenue BD/BA 5br/5ba SQFT 3638 sqft LOT 5246 PRICE $3,750,000 $PSF $1,031 DOM 6 DOM SOLD SOLD 07/09/21 START $ $3,499,000 START 07/09/21
Address 1904 Palm Avenue BD/BA 5br/5ba SQFT 3768 sqft LOT 4482 PRICE $4,600,000 $PSF $1,221 DOM 0 DOM SOLD SOLD 07/08/21 START $ $4,600,000 START 07/08/21

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