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 504 1st Street BD/BA 5br/7ba SQFT 5400 sqft LOT 5293 PRICE $6,499,000 $PSF $1,204 DOM 78 DOM START $ $6,499,000 START 10/31/19
Address 676 18th Street BD/BA 6br/8ba SQFT 5843 sqft LOT 6434 PRICE $6,650,000 $PSF $1,138 DOM 79 DOM START $ $6,650,000 START 11/10/19
Address 4122 The Strand BD/BA 5br/5ba SQFT 4154 sqft LOT 3503 PRICE $6,700,000 $PSF $1,613 DOM 241 DOM START $ $7,200,000 START 06/01/19
Address 3301 Pine Avenue BD/BA 5br/7ba SQFT 5723 sqft LOT 9283 PRICE $6,750,000 $PSF $1,179 DOM 90 DOM START $ $6,750,000 START 10/30/19
Address 308 20th Pl (aka 309 20th Street) Place BD/BA 5br/5ba SQFT 4200 sqft LOT 2709 PRICE $6,995,000 $PSF $1,665 DOM 56 DOM START $ $6,995,000 START 12/03/19
Address 2104 Flournoy Road BD/BA 5br/5ba SQFT 4300 sqft LOT 8617 PRICE $6,995,000 $PSF $1,627 DOM 7 DOM START $ $6,995,000 START 01/21/20
Address 501 N 18th Street BD/BA 5br/8ba SQFT 6126 sqft LOT 6688 PRICE $7,150,000 $PSF $1,167 DOM 149 DOM START $ $7,150,000 START 09/01/19
Address 224 16th Street BD/BA 5br/5ba SQFT 4224 sqft LOT 2698 PRICE $7,195,000 $PSF $1,703 DOM 164 DOM START $ $7,295,000 START 08/17/19
Address 2304 The Strand BD/BA 3br/3ba SQFT 2360 sqft LOT 3497 PRICE $7,950,000 $PSF $3,369 DOM 350 DOM START $ $9,950,000 START 01/18/19
Address 216 13th Street BD/BA 5br/5ba SQFT 4620 sqft LOT 2706 PRICE $7,999,000 $PSF $1,731 DOM 54 DOM START $ $7,999,000 START 12/05/19
Address 2016 Ocean Drive BD/BA 5br/6ba SQFT 5739 sqft LOT 2698 PRICE $14,000,000 $PSF $2,439 DOM 141 DOM START $ $14,000,000 START 09/09/19
Address 116 4th Street BD/BA 4br/5ba SQFT 4226 sqft LOT 2692 PRICE $15,900,000 $PSF $3,762 DOM 175 DOM START $ $15,900,000 START 08/06/19
Address 3400 The Strand BD/BA 5br/6ba SQFT 5478 sqft LOT 3502 PRICE $15,900,000 $PSF $2,903 DOM 169 DOM START $ $16,750,000 START 08/12/19
Address 1000 The Strand BD/BA 9br/8ba SQFT 5967 sqft LOT 4979 PRICE $25,900,000 $PSF $4,341 DOM 336 DOM START $ $25,900,000 START 02/26/19


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