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This is a story that's only really a "bookend" to the story of one spec project.

That would be 750 30th St. (5br/7ba, 5070 sqft.), a new "beach plantation" style home that has just closed for $4.500M.

The sale itself is notable, for sure. 

It's only the fourth-ever sale to close in the Tree Section over $4M that wasn't near American Martyrs church. (Click for more on the Martyrs area and active listings there.)

One of those past $4M+ sales was of a double-lot "compound" (3305 Pine) that sold back in 2012.

The other two more "conventional" home sales over $4M came within just the last year:

  • 769 33rd (6br/5ba, 4900 sqft., 7400 sqft. lot), a big, luxe custom Spanish on an oversized lot, sold for $4.100M off-market in July last year;

The big local private school wrapped up this past week, and public schools are on autopilot now, with dismissal just days away. You can already hear the teachers and kids singing to themselves, "School's Out For Summer."

For many MB families, this will be the last weekend in town for a while. If you're off, we'll say bon voyage, and keep in touch online.

Looking to get into MB? There are about 10 weeks till school starts again. (Don't tell the kids it's so soon.) That home search is heating up along with the afternoons.

To plan your (free) open-house tours for this week, try this Redfin map list of open houses, or click here for the Beach Reporter list of opens

Don't forget, when previewing homes here on MB Confidential, you can click "Open All Images"

Yesterday we had good news as inventory among Manhattan Beach real estate ballooned (ha ha) to 63 homes – and it's up even "higher" now to 64 as of Saturday morning.

Saturday brought good news for all of Manhattan Beach – the beaches are open again after a mysterious "petroleum product" incident earlier in the week. (Source still unknown.) You may resume your regularly scheduled weekend beachgoing activity. (For more see this DigMB post.)

Friday saw your blog author, Dave, uncharacteristically outside the ZIP code, which meant we didn't get in-person previews of this week's new listings. That means we'll go with brief text mainly drawn from the official listing descriptions this week.

To plan your (free) open-house tours for this week, try this Redfin

With a little rush of post-Memorial-Day listings, Manhattan Beach is seeing its highest inventory level so far to date in 2015.

As we write on Friday morning, there are a whopping 63 active listings of homes for sale (including SFRs and THs).

OK, so it's no flood, but it's a new range of choices. East and West, beach and 'burbs. It might not last, but it's good to see the year hit a new peak.

We took particular note of a few:

645 29th (5br/5ba, 3350 sqft.) is a fully refreshed Mediterranean on an inarguably great street.

Disclosure: Dave is friendly with the sellers and had a brief consultation with them prior to the listing.

Start price: $3.125M.

1750 5th (5br/5ba, 4000 sqft.) is a 2001 Mediterranean that's solid and boasts one of those mandatory