Sunday Opens (4/12/15)

By Dave Fratello | April 12th, 2015

Spring has sprung, and break has just about broken. 

Here's hoping you had a great trip, if you took one, or an even better staycation, as we had a mild week here in MB. (No blizzards here!)

Missing one of our old haunts, we've been cheered by friends' photos of the cherry blossoms in D.C., so we're happy to share one of those now, in the spirit of the season.

Real estate-wise, this was a mellow week – those of us who were around working were constantly hearing about how "everyone is away." Well not everyone!

The next week, though, is shaping up to be something else again. Buyers, start your engines.

To plan your open-house tours for this week, use MB Confidential's online list of Manhattan Beach open houses (it's mobile-friendly!).

Don't forget, when previewing homes here on MB Confidential, you can click "Open All Images" right above the main listing photo to get immediate display of all the listing photos at once.

Tree Section

750 30th Street Manhattan Beach CA750 30th St. (5br/7ba, 5070 sqft.) is huge, grand new home looking to carve out a new high in the already stratospheric price environment that we're living in.

To try to get the $4.699M they're asking, they brought in a renowned designer to add flourish to the expansive living spaces and made sure to use top-tier materials and appliances.

It's a lot to see, including the huge great room and yard, plus a basement media room with spare bedroom. (The property isn't staged... yet.)

From the official description:

"[This] beach plantation-style home sports a classic exterior of white artisan lap siding topped with board and batten detailing and accented with louvered plantation window shutters and balcony railings."

"Inside, there is wide-plank white oak flooring, prairie-style window detailing and an open floor plan. The living room (or den/office) has grey beamed ceilings, a fireplace (one of 3) with 'black rainbow' marble surround and three sets of french doors leading to a deck with intricate wood railing. The dining room features a herringbone floor detail and built-in china nook. The gourmet kitchen has stainless Thermador appliances (including dual dishwashers), walk-in pantry, dining nook, and center island with breakfast bar."

"There is a 3-stop elevator, a 3-car garage with epoxy flooring, 3-zoned heating with Nest thermostats, Vantage lighting system and a full basement with wine cellar and wet bar. The large south-facing backyard has a covered patio and an outdoor cooking island with built-in BBQ and is accessed from the large family room via 'disappearing' sliding glass doors that recess into the wall."

As to comps, there are really only 2 sales comps in the areas north of Valley:

769 33rd Street Manhattan Beach CA769 33rd (6br/5ba, 4900 sqft.), a richly detailed Spanish built in 2007 on a large-but-not-quite-double lot (7400 sq. ft.), which sold off-market last year for $4.100M.

3311 Elm (6br/7ba, 5165 sqft., 8800 sqft. lot), a newly built Cape Cod on a giant lot in an OK location, just closed in February for $4.569M. Media have been having a ball chattering about who bought it this week, but we don't need a nastygram from a lawyer.

750 30th starts at $4.699M and is open Sun. 2-4pm.

East MB

2209 Wendy Way Manhattan Beach CA2209 Wendy Way (4br/2ba, 1770 sqft.) is a newly rehabbed and updated high-end flipper project.

We saw this one late last year. The very-much-in-need-of-rehab property sold for $1.250M in November. (Here's the old listing so you can do a before-and-after.)

The old floorplan was jumbled up and blocky at the front – no more. Now the common areas are far more open from the front of the house to the back, with just a carve-out for a dining area. 

The style applied by this particular team of flippers is always very good – they help define the styles of our time. Here it's great oak flooring, bright cabinets and Caesar stone quartz countertops, white marble countertops for the baths ("Carrera" in the listing) and a livin'-is-easy beachy vibe to the whole place.

The corner lot is a plus, and the formerly degraded backyard has been turned into something useful now. Where once there was no entry porch, there's now a delightful, even showy little space with a pergola over it.

The Wendy Way comp they've got in mind here is last November 1409 Wendy (3br/3ba, 1800 sqft.), which the description had said "has been heralded as the Best Liberty Village Remodel Ever'" (by... ?), which closed for $1.680M.

2209 Wendy starts at $1.749M and is open Sun. 2-4pm.

114 South Herrin Avenue Manhattan Beach CA114. S. Herrin (3br/2ba, 1600 sqft.) is a delightful, expanded 1950s original. The smallish kitchen is at the center of a large L-shaped space of living and dining areas. The living room opens to the stone-paved back patio. (There's not a true backyard.)

We found all of the bedrooms to be of substantial size, not always what you'll find in a remodel like this. They seem to have tweaked the floorplan substantially when expanding it.

The kitchen bears a feeling of the early 80s and could use a refresher some day. It's functional. Laundry is currently a stackable unit there in the kitchen.

Quirk: The "European style master bath wet room" provides no barrier for the shower and no tub – it's just one big, open tiled room.

Worth noting: The little popup over the front door is just for extra light into the already-bright living areas. There's no second floor.

Disclosure: Dave has toured the property with clients.

114 S. Herrin starts at $1.399M and is open Sun. 1-4pm.

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