Weekend Opens (5/3-5/4)

By Dave Fratello | May 3rd, 2008
Inventory's growing, but gas prices are rising. You're going to have to plan your weekend shopping carefully. Walk when you can.

As a special service to readers, we offer our first-ever coupon-clipping offer in this edition. (See the Sand Section writeup.)

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

Hill Section

511 N. Dianthus is a new "entry level" home offered at $1.429m. It offers 3br/2ba and 1900 sq. ft. on a smallish 3250 sq. ft. lot which somehow has room for a large, very sweet garden with koi pond.

Drop in and you may see Kaye Thomas. Trust us, if you tell her MBC sent you, she won't scowl or freeze up. She might even offer you a cookie. Open Sun. 1-4pm.

An even lower "entry" point is $1.199m, the new price on 1100 John. Yes, we know it says "John" there, but this one backs up on a commercial building (under construction) that, in turn, fronts MBB. Well, how else are you going to get into the Hill Section cheap? Open Sat. & Sun. 1-4pm.

Not posted as open, but eye-opening nonetheless, is a new home (2007) at 114 N. Poinsettia (2nd/Poinsettia) that's new to the market at $7.750m. That's a step up from the pre-sold new construction at 116 N. Dianthus (also on the corner w/ 2nd) that reportedly is in escrow for $7.2m.

Sand Section

Mrs. MBC picks 401 3rd, just as she did the Nantucket across the street at 400 3rd when it recently hit the market. This one is a sizable (4br/4ba, 3450 sq. ft.), newer home (an older home radically remodeled in 2006) with style – someone said a bit Gothic – that also offers a roofdeck.

So we're getting 2 messages here: the Mrs. likes roofdecks (yeah, great... they're scarce enough) and the South End. Also, she likes a bargain, and somehow $2.685m (just $778/PSF) seems like one. Of course, if she gets that big promotion, you know she'll probably take 400 3rd (at $3.499m) instead. 401 3rd is open Sat. & Sun., 2-5pm.

Would you like to save $200k on a home? Clip a copy of the Beach Reporter's page 100 and bring it to 225 Homer on Sat. or Sun. (1-4pm) and you may well be able to redeem it for a 9% discount off the current list price of $2.3m. Are we kidding? Not really. The Open House listings say the price is $2.1m. That's a move we thought was imminent anyway. It'll go close to $2m.

Tree Section

After 2 1/2 months on the market at $2.185m, the resale at 625 26th just dropped almost $200k to $1.999m, no doubt recognizing how crowded it's getting in the $2.1m-$2.3m range (there are 4 newbies among 8 listings up there currently). Now, this large (4br/4ba, 3700 sq. ft.) home is priced only 11% above its Aug. 2004 purchase price ($1.795m). Open Sun., 1-4pm.

2504 Pine is a fairly new listing of new construction in the Trees, starting out at $2.395m for 5br/5ba, 3600 sq. ft. Open Sat. 1-4pm, Sun. 2-4pm.

2005 Oak is back after a quick sale but failed escrow. It's a charmer – it lasted just 2 weeks in its first offering at $1.479m. Same re-start price now, too. Owners paid $1.350m in Fall 2006, but face a job transfer. Why not drop by to show some moral support? Open Sat. & Sun., 1-4pm.

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