Just A Couple of New $20 Million Homes

Until today, ritzy, fancy Manhattan Beach only had a few $20M listings.

Suddenly, two more appeared.

Of course, one's in the Hill Section.

808 John (5br/6ba, 6604 sqft.) is one of those houses that's got almost everything people think they're going to find in the Hill Section, but which is actually pretty rare to nail down.

A huge house. City views and ocean peeks. Below-ground wine cellar.

A "regulation lap pool" (with fancy stuff). A full lot's worth of grass, plus a sports court.

The whole, dominating package is actually cleverly masked as a modestly elegant late-90s Mediterranean. If you don't pay attention to the long row of tall hedges just to the north, you may not realize that this is a double lot (two combined lots) totaling over 20,000 sqft. 

Asking price: $19.900M.

(808 John is listed by Jennifer Caskey, Compass.)

You've just gotta check out the whole thing.

But where else would you find a $20M listing? 

Did you say The Strand?

Ring ring ring!

3608 The Strand (16br, 13ba, 13,620 sqft.) is a super unique offering, encompassing 3 separate buildings across a 9300+ sqft lot.

It's a complex with 11 separate units of various ages, in various states of remodeling – all vacant – opening the door to some creativity about how the whole setup might be used by a future owner.

You might recall some of the units in this building being offered earlier this year. There were 4 in the MLS, offered at prices from $1.9M to $5.7M, being sold in a "tenants in common" sale – a form of ownership that is not exactly common or popular around these parts.

The asking price for the whole package: $21.000M.

(3608 The Strand is listed by Brett Zebrowski, Palm Realty Boutique, Inc.)

There's still one more traditional Strand luxury home on the market:

3216 The Strand (5br/8ba, 7454 sqft.), a world-elite type property now at $28.500M.

(3216 The Strand is listed by Kirby Gillon of AKGRE Inc.)

And there's one more back in the Hill Section, which we'll call a $20M listing even though it's now lower:

500 N. Poinsettia (5br/8ba, 8389 sqft.) is hanging in there, 411 DOM now, down $3M from the start price to $19.000M.

(500 N. Poinsettia is listed by Kristi Frey, Strand Hill Properties.)

Oh gosh, there's one more, but you don't see it online. 

There's actually a listing on a walkstreet, a double lot, with a pool, on a 100 block in the North End, asking $37.000M. But they've elected to keep it out of the internet feed.

With 7 beds, 7600 sqft. of space, that pool, views, and more, this one could be the priciest sale ever in the history of Manhattan Beach, by a lot.

But they don't want to market it on the internet?

Highest Sales in Manhattan Beach History

Waaaay back in 2017, Manhattan Beach saw not one, but two sales of $20M or more. (Both were referenced in this post: "Highest & Lowest Sales of 2017 in Manhattan Beach.")

The top sale in the city (among publicly listed properties) was an older building near the pier on an oversized lot, 1000 The Strand, which sold for $21.000M in 2017.

The folks who paid that $21M later tried to top that with an attempt to resell at $25.900M for a small stretch of 2019. The property has never re-traded, according to tax records.

If you want to look at conventionally sized homes and lots on The Strand, the top sale is 508 The Strand at $19.200M in Oct. 2021. (See: "Manhattan Beach Strand Sales Hit Record Highs.")

There was one other $20M sale, up in the Hill Section, at a property with a huge 23,000 sqft. lot and more living space than the newest double-lot offering in the Hill Section.

814 Pacific Ave. (6br/6ba, 10,000 sqft.) got $20M in 2017, but, if price records matter (they don't!), it happened to occur in the same year as the 1000 The Strand sale that was $1M higher, so it was a "runner up" to the top slot.

Now the question is whether 808 John can beat that sale, almost 6 years later.