There's Your First $4M+ New Home Sale in East MB

By Dave Fratello | June 14th, 2019

It was coming... it was coming.

Now it's here.

The first $4M+ sale of a new construction home in East Manhattan Beach has now closed.

1320 9th Street Manhattan Beach CAIt's 1320 9th (6br/7ba, 4900 sqft.), a truly artful execution of a generally standard floorplan on a typical 50'x150' East Manhattan lot.

Asking price: $4.250M.

Closed price: $4.250M.

Days on market: 6.

It was only a month ago that we speculated that this $4M threshold was primed to be broken. (See "East MB: New Construx Shoots Higher, Condos Go Lower," May 14).

1721 8th Manhattan Beach CAUntil now, the top East Manhattan new construction sale on a pretty-much-typically-sized lot was 1721 8th (6br/6ba, 4480 sqft.), at $3.950M last October. (1721 9th is pictured here.)

The plus-sized lot (8750 sqft.) for 1721 8th could mean that the crown for new homes on truly typical lots (~7500 sqft.) would have belonged instead to 1446 18th (5br/6ba, 4700 sqft.), which closed for $3.850M, also last October.

But there is no longer any dispute.

The title belongs to 1320 9th.

For now.

1755 8th Street Manhattan Beach CABecause 1755 8th (5br/8ba, 4835 sqft.) is also new construx on a typically sized lot, and it's in escrow now, too.

Last ask for 1755 8th: $4.550M.

We'll see what happens there.

As we exit, let's take another look at what MBC had to say about 1320 9th when it came to market. (And if you blinked, you missed it.)

Here's our open-house review from mid-May:

1320 9th (6br/7ba, 4900 sqft.) is a superb and just-different-enough new entry on the market on the east side, one of a couple/few new homes aiming to be the first to sell above $4M.

It could happen here.

1320 9th Street Manhattan Beach CAIf you are looking for the major features for a new East Manhattan house, you get them: (very) open floorplan, great indoor/outdoor space integration, sizable yard, huge master.

If you're beginning to burn out on the white-on-white, coastal 'plantation' type look, worry not.

1320 9th Street Manhattan Beach CAThere is artistry to this home's "modern farmhouse" style, with truly bold, contrasting colors, lots of woods and would-be-woods (such as the woodgrained porcelain tile in the showers), inspired tile work, surfaces and fixtures.

It's kind of a marvel.

1320 9th Street Manhattan Beach CAA whole wall of the bold, huge, bright master is made up of long, tall slats of dark-grey-stained reclaimed wood. It somehow defines the room without taking over. There is still room to outfit and decorate the space in a way that complements this daring feature.

We really could go on.

We could rave about the varying styles in the baths. We could mention (here goes) the custom doggy bath built into the 3-car garage (!).

1320 9th Street Manhattan Beach CABut you will need to see our video and make a visit in person to get the full scope here. Nice.

From the official description:

"Transitional Modern Farm House... custom built at the highest standards... large open floor plan designed for entertaining. Upon entry you will find modern interiors, high ceilings and the clean lines of an artist gallery setting this sanctuary apart from the rest in Manhattan Beach... Bi folding doors lead to a coveted large South facing yard with mature landscaping, thoughtfully pre-plumbed for a future pool. The master suite offers a massive retreat with almost 500 sqft, a fireplace, sitting area, and views of the Tree tops. Other amenities include; mud room, butler’s pantry, library shelving with ladder, homework areas, reclaimed wood details, triple laundry, dog spa, lutron lighting system, an oversized garage & driveway with room for all your toys, an abundance of storage, and so much more."





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