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Manhattan Beach Strand Home Expected to Set Sales Record

By
Real Estate Agent with RE/MAX Estate Properties Broker Assoc, BRE01517010

 

The Crafstman home may set a record for the entire South Bay if it sells for its current asking price of  $28.9 million.

 

Sitting on a massive corner double lot on the Strand and 10th Street, this historic stunner was originally built in 1922, boasts sweeping views from Palos Verdes to Malibu and sits just south of the Manhattan Beach Pier.  You'd definitely need a maid for this nearly 6,000 square footer that has nine bedrooms and 8 baths!

 

If this one sells even near its asking price, it will reach a peak never before achieved in the area. In 2014, another home on The Strand sold for just under $16 million, and one newly consturcted home is currently showing as a pending sale at $19.8 million, which is well up from its original asking price of  $17,990,000.

 

The listing is held by Re/Max Estate Properties agent Victoria Beck, who says the house has been in the seller's family since 1955 when his father bought it for a reported $35,000.  Yep. Thirthy-five K. That fits into $28.9 million more than 825 times!

According to CoreLogic, the median price for single-family homes in Manhattan Beach last year was $1.9 million.

 

View this amazing home here!

Posted by

Manhattan Beach Realtor, Lauren Perreault

Patrick White
Home Driven Realty, Inc - Baldwin, NY
Driven to bring New Yorkers home

Good Evening Lauren

Thanks for the post. That is a super corner property. Thanks again for sharing. Have a great week

Sep 04, 2015 09:45 AM