There are higher and lower priced properties all over Manhattan Beach, but by an interesting coincidence, right now, three listings are offered at or near $17.000M.
Let's see what $17M will get you, depending where you look.
East Manhattan
1156 6th (8br/9ba, 8100 sqft.) is an ultra modern home on a double corner lot.
The photos depict a home that's almost perfectly realized, decorated and maintained – so much that you're going to think you are looking at renderings, not an actual house. Yep, these are the real house.
The start price of $17.000M is extraordinary for East Manhattan, certainly outside of the lower Longfellow/Terraza neighborhood that is our own little Beverly Hills.
This one is just debuting this week, and will be a great one to see up close later this week.
(1156 6th is listed by Alexandra Gauss and Jennifer Ozar, Strand Hill Properties.)
Hill Section
808 John (5br/6ba, 6604 sqft.) offers a double lot as well, but in the Hill Section.
And prices in the teens (and more) are not unheard of up on the hill if there's a view.
In this case, 808 John had to cut to reach $17M, just now cutting $3M from $19.900M to $16.900M, now into its sixth month on market.
Some luxury homes at this level can be notoriously hard to price. We don't see giant fluctuations too much around MB, but markets like those in some prime parts of L.A., Malibu and Pacific Palisades, just for a few examples, can see prices drop 20% or more between initial asking and closed sale.
Everyone knows two lots at the flat top of John St. are highly valuable in their own right. And here there's already a bit house, pool, sports court and more.
We offered some more detail in this September new-listings review.
(808 John Street is listed by Jennifer Caskey, Compass.)
Sand Section
2700 Highland Avenue (7 units totaling 5651 sqft., 2 lots totaling 11,398 sqft.) is even more than a double lot – it's effectively 3 1/2 lots in midtown with unblockable views over Bruce's Beach Park (and Highland Ave.).
Technically, what's for sale is 2 lots, which they are trying to sell together, but the listing crew has helpfully mapped out how the property could potentially be divided up to allow the building of 2 sets of townhomes on lots parallel to 27th St. and fronting Highland, a large SFR up along Crest, and one more half-lot SFR fronting Highland.
As we noted just a couple of weeks ago in a new listings post, the structures on site now are the family legacy of the Beverly family. Robert "Bob" Beverly was a former Manhattan Beach mayor, state assembly member and state senator, while his wife, Elizabeth Louise "Bettelu" Beverly has been called the "martriarch" of Manhattan Beach. When Bettelu passed early last year, just shy of her 98th birthday, it set a process in motion that would lead to this family compound coming to market. (See MB News' story on Bettelu and the family.)
2700 Highland Avenue is at $16.950M.
2700 Highland Avenue is listed by David Salzman, Engel & Volkers LA South Bay.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
