Plenty of $6M Houses

By Dave Fratello | April 10th, 2018

218 N Dianthus Street Manhattan Beach CAThe market for homes above $6M is rare air.

But finding a home in Manhattan Beach priced above $6M right now isn't so hard.

If that's your budget, you've got plenty of choices.

Out of the 18 homes listed below, there are 11 that aren't on The Strand and are essentially move-in ready (even if a buyer might want to update).

Out of the 11 move-in-ready homes, most (6) are in the Hill Section.

100 N Dianthus Street Manhattan Beach CANote: The borderline case of 100 N. Dianthus is one we're counting here as move-in-ready, partly out of wishing to see someone update, but preserve, that custom 80s courtyard home. Its large corner view lot could prove to be more valuable than the house itself, but our preservation instincts are tugged upon by this one. (Note: Soon after this post went live, 100 N. Dianthus cut its price from $6.500M to $5.999M, but we'll still count it as a $6M home.)

So, who's supposed to be buying these homes? (Rhetorical question.)

There's charm and wonder to the large Southwestern view home with pool and climbing wall at 233 Anderson (5br/6ba, 6790 sqft.), asking $6.495M.

There is almost everything to love about a masterpiece of a house at 617 Anderson (6br/8ba, 6450 sqft.), asking $6.999M, except maybe some of the photos (vertical? please no). 

The magestic Italianate at 218 N. Dianthus? (Pictured at the top.) Sure. (Asking $6.395M.)

304 N Ardmore Avenue Manhattan Beach CAAnd so it goes, through the list, up to and including new construction at 304 N. Dianthus (5br/6ba, 6350 sqft., asking $7.199M).

If you want the big house and/or the great location, you can get those things for a $6M+ budget.

Look outside the Hill Section, and you might find a house on a lower walkstreet (224 29th at $6.200M, 130 19th at $9.250M or 125 17th at $7.850M), or a radically revamped townhouse near the water (508 Manhattan Ave., $6.500M).

Even though there are all those listings to look at, there's only one home at $6M+ in escrow today (621 8th, listed at $7.195M), and only 2 have closed on the public market here in 2018 above $6M (624 9th at $8.050M and 3405 Manhattan Ave. at $6.450M). A couple more sold off-market.

There were 24 public-market sales in 2017 at $6M or higher, including Strand properties.

This is not to say there's no demand, but buyers at this tier increasingly seem to have been patient, and may be rewarded for that.

Here's a list of all Manhattan Beach homes publicly listed for sale over $6M as of today. As always, there are more off-market or in a pre-market status we're hearing about also. (The display will automatically update. Email subscribers will need to view the post in a browser to see the listings.)

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
Address 817 Pacific Avenue BD/BA 3br/2ba SQFT 1510 sqft LOT 6254 PRICE $6,050,000 $PSF $4,007 DOM 4 DOM START $ $6,050,000 START 05/12/22
Address 901 28th Street BD/BA 6br/8ba SQFT 5648 sqft LOT 6006 PRICE $6,249,000 $PSF $1,106 DOM 39 DOM START $ $6,249,000 START 04/07/22
Address 500 11th Street BD/BA 6br/5ba SQFT 6195 sqft LOT 9136 PRICE $6,499,000 $PSF $1,049 DOM 41 DOM START $ $6,499,000 START 03/31/22
Address 235 N Dianthus Street BD/BA 5br/5ba SQFT 5152 sqft LOT 6501 PRICE $7,499,000 $PSF $1,456 DOM 88 DOM START $ $8,000,000 START 02/17/22
Address 200 S Poinsettia Avenue BD/BA 6br/6ba SQFT 5061 sqft LOT 6256 PRICE $7,999,999 $PSF $1,581 DOM 19 DOM START $ $7,999,999 START 04/27/22
Address 2522 The Strand BD/BA 3br/3ba SQFT 2660 sqft LOT 3498 PRICE $8,500,000 $PSF $3,195 DOM 55 DOM START $ $8,500,000 START 03/22/22
Address 2804 The Strand BD/BA 3br/4ba SQFT 2932 sqft LOT 3481 PRICE $13,499,000 $PSF $4,604 DOM 229 DOM START $ $16,499,000 START 09/29/21
Address 3404 The Strand BD/BA 8br/7ba SQFT 5568 sqft LOT 3507 PRICE $14,995,000 $PSF $2,693 DOM 25 DOM START $ $14,995,000 START 04/21/22
Address 1516 The Strand BD/BA 4br/4ba SQFT 4953 sqft LOT 3330 PRICE $17,500,000 $PSF $3,533 DOM 115 DOM START $ $17,500,000 START 01/21/22
Address 300 The Strand BD/BA 4br/9ba SQFT 4440 sqft LOT 3333 PRICE $21,999,000 $PSF $4,955 DOM 20 DOM START $ $21,999,000 START 04/26/22
Address 1800 The Strand BD/BA 5br/8ba SQFT 5329 sqft LOT 3319 PRICE $27,000,000 $PSF $5,067 DOM 75 DOM START $ $27,000,000 START 03/02/22
Address 3216 The Strand BD/BA 5br/8ba SQFT 7454 sqft LOT 3494 PRICE $30,000,000 $PSF $4,025 DOM 116 DOM START $ $30,000,000 START 01/20/22

 

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