Real Estate in the Beach Cities: California: Manhattan Beach: Sand Section

We've seen some recent additions and a one recent sale on the prestigious Manhattan Beach Strand in the past month.  The notable sale was of 3516 The Strand at a price of $7,300,000, a Tuscan inspired home built in 2010 by Sexton Homes.  The home was most recently priced at $8,500,000 but perhaps more telling of the state of the luxury oceanfront market was that the home was originally pre-completion priced just shy of $14,000,000 in 2009.  The combination of an unusually abundant inventory of oceanfront homes, an initial price that was extremely aggressive and a much more challenging lending environment led to an almost 50% reduction from original list price. 

Currently there are 6 luxury oceanfront properties on the market in Manhattan Beach priced between $5,999,000 for 3112 The Strand to $11.0M for 1712 The Strand.  In general the luxury home market in Manhattan Beach seems to have picked up steam lately with numerous over asking and multiple offer situations on well priced homes. To view Manhattan Beach real estate listings visit our Manhattan Beach real estate information pages.

Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate destinations in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

Manhattan Beachhas 5 distinct areas but when most people envision luxury beach living in Southern California they are picturing the Sand Section of Manhattan Beach. The sand section stretches from Hermosa Beach to the South to El Porto, or North Manhattan as the city is now calling it, to the north and features true beach living. The housing options in the area are comprised mainly of single family homes, townhomes and duplex properties, often having breathtaking ocean views and all within walking distance from the beach. Some of the most popular options in the area are the luxury oceanfront homes of The Strand and the many homes on pedestrian "walk streets". As with much of the real estate market of the Beach Cities, the area has been less impacted by the burst of the housing bubble than most areas of the country and California, but prices have come down over the past 5 years. View current Manhattan Beach Sand Section homes for sale. See Manhattan Beach luxury real estate information

Pricing of current homes is certainly critical for home buyers in the sand section but another key piece of information is the discrepancy between what homes are listed for, and what they are actually selling for.  The stronger market has done little to alleviate the often unrealistic prices that home sellers believe their properties to be worth.  This knowledge along with a keen understanding of what a specific home might actually be worth gives the buyer a much better sense of the actual affordability of the current homes.  The chart below shows the difference and trends between the prices of homes that are currently  active on the markt and those that have sold and the opposite to almost all other areas of the South Bay, the difference is actually getting larger.

Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate destinations in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

With the slow down of the luxury home market over the past 12 months, homes on The Strand, the beachfront strip of land, continue to come on the market offering a tremendous opportunity. Currently there are 6 homes listed on the Manhattan Beach Strand ranging from $6,900,000 for the home 3 bedroom home at 3112 The Strand to $30,000,000 for the sale of neighboring homes and lots located at 2016 and 2020 The Strand offering two fantastic homes or the potential ability to build something incredibly unique in Southern California with beachfront land at such a premium.

In addition there are currently 2 multi-unit beach front properties on the market.  Visit our Beach Front Real Estate and Strand Homes website for more information.

 In addition there are 6 oceanfront homes listed in Hermosa Beach ranging from $4,599,000 for the home located at 1534 The Strand to $14,500,000 for the new construction home at 2826 The Strand with 8,000 feet of luxurious beachfront living.

Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate destinations in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

The inventory of luxury ocean front homes in Manhattan Beachand Hermosa Beach continues to rise with a variety of types, styles and price ranges.  In years past it would be rare to see a single Strand home on the market and the current inventory offers 15 ocean front homes ranging from 1,749,000 for a 2 bedroom condo at 1504 The Strand to the brand new construction on an oversized lot located at 2826 The Strand.  Click on any home below to visit our Manhattan Beach and Hermosa Beach oceanfront Strand home listing site.  View all Manhattan Beach real estate listings

If you're looking for other Manhattan Beach real estate listings visit our Manhattan Beach real estate website.

Keith Kyle is a licensed Realtor, short sale specialist and Top Producer with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate websites in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

The unusual abundance of oceanfront beach homes on the Manhattan Beach Strand has declined somewhat in the recent weeks as some homes have been pulled from the market and others have sold and closed escrow.  There are currently 4 homes on the market with some very unique and interesting opportunities.  The list price for 1700 The Strand is actually for a 50% undevided ownership interest which is certainly uncommon for Manhattan Beach real estate listings.  Of the other 3 homes one is a very large oceanfront townhome, one is new construction with Tuscan inspired architecture, and the other is a modern Ray Kappe design built in 1985.  For further descriptions and pictures visit our Manhattan Beach oceanfront homes site or click below.

Recent Manhattan Beach Strand Home Sales

Two oceanfront homes sold in May of 2010.  The first at 112 The Strand was a large 3 bedroom 4 bath home built in 1988.  The home was originally listed for $7,795,000 and closed for $7,334,000 and was on the market for only 20 days.  The second home was listed by several agents over the past year and although the current listing was priced at $7,999,000 and close at $7,500,000 it was originally listed for $9,795,000 in July of 2009.  The home was on a corner lot with the expected expansive views.

Keith Kyle is a licensed Realtor, short sale specialist and Top Producer with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com and FindYourSouthBayHome.com offer the most comprehensive real estate websites in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

When most people think of the ideal South Bay home, they pictures panoramic views of the ocean, Palos Verdes and Catalina, sounds of the surf, and cool ocean breezes.  Nowhere is that ideal more the reality than the ocean front homes of the Manhattan Beach Strand.  In other markets these homes would often sell without even going on the market, but these days most Strand listings have been on the market for some time.  There are currently 5 ocean front homes for sale (one off market) ranging from $2,750,000 to over $12,000,000.

Another home for sale, but not on the MLS is located at 3516 The Strand and is new construction from Sexton Homes.  The price isn't public but the home is a Tuscan inspired 5600 square foot just recently completed in 2009.  Cnntact us for more information or visit the builders website.

Keith Kyle is a licensed Realtor and e-Pro with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com and FindYourSouthBayHome.com offer the most comprehensive real estate websites in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com