ocean views

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Twice on Friday, we've seen inventory hit 141 homes for sale in Manhattan Beach.

There were 11 new listings within 24 hours, or 7 if you don't count the re-lists. (You don't, do you?)

205 Anderson Street Manhattan Beach CAA spacious Hill Section Cape Cod with some views at 205 Anderson (5br/6ba, 6300 sqft., $8.300M) was the first to push MB to 141.

After one listing went into escrow, it took another Hill Section listing to push us back to this new high: 1033 8th (4br/4ba, 3600 sqft., $3.599M). That one had been out for a couple of weeks in May, but paused for a while then re-listed.

All of this is going on in July, not really a time when people would typically plan to start a listing.

How much is being held back for Labor Day? Stay tuned.

It's been a busy year for Hill Section lot sales. It seems things run in waves.

817 Pacific Avenue Manhattan Beach CAMaybe the grandest of the sales so far is one that has just closed at 817 Pacific Ave.

This is an unusually squarish midblock lot measuring 72' wide by 87' deep (6285 sqft. total) at a crest in the hill.

As the photos make clear, from this spot, a new home can have full panoramas from Malibu all the way south to PV/Catalina. Rooftops and treetops are all that will be in view besides blue.

The cost for this quintessential Hill Section vista? $4.401M for the land.

That's a very substantial escalation (+13%) from the list price of $3.900M.

407 North Poinsettia Manhattan Beach CAYou could view that start price in context of another view lot that had just sold when Pacific came to market: 407 N. Poinsettia, at the

120 5th Street Manhattan Beach CAWhen 120 5th St. sold for $9.300M in September 2014, it was supposed to be an anomaly.

A price over $9 million was supposed to reflect a unique facet of the property: A height restriction imposed on the neighbor that protects the views for 120 5th.

Now, $9M+ for a lower walkstreet property is becoming the norm.

125 2nd Street Manhattan Beach CAThe latest sale is the modern remodel/rebuild at 125 2nd (4br/5ba, 4250 sqft.) at $9.241M (per the MLS).

OK, so they pushed the ceiling a bit with a list price of $10.300M.

The buyer saved $1M and 10% off the list.

It's still a healthy number.

The property was described, in part, in the listing, this way:

"Dream location on the South Manhattan walkstreets... A collaboration three years in the making and literally in as good as new condition.…