Not Quite The Highest-Priced Tree Section Sale

Posted by Mike Michalski on Wednesday, May 3rd, 2017.

$6.5 million.

Now that sale price is certainly nothing to sneeze at and, after touring the exquisite, 6-bedroom Mike Zivec-built new construction at 719 19th Street (the corner of 19th and Agnes) in the Manhattan Beach Tree section, we can see why that home commanded such a lofty price.  The sale closed March 31st.

Surprisingly, that makes this outstanding American Martyrs home just the third most expensive Tree section home ever sold as two homes in the Trees actually exceeded $6.5 million last year.

The home that currently holds the Tree section record, 528 15th Street (pictured below), was also a brand new Mike Zivec-built home in the American Martyrs area when it sold last June for $6.8 million.   That home featured 6 bedrooms and over 6,000 sqft and even enjoyed some partial ocean views, a rarity for the Trees.

Last, but not least, was the home(s) at 3305 Pine Avenue (pictured below).  This property actually consisted of two homes - a main house and a separate guest house, both of which fronted on Pine Avenue with their own separate driveways and garages.

Constructed in a Santa Barbara mission style by Dennis Moloney, these homes were originally custom-built for soccer player Landon Donovan.  They were subsequently sold to the former CEO of Live Nation, the concert promoter for $4.2 million in 2012 and resold again last year for $6,750,000 - all cash.

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What's special about 3305 Pine (besides everything, it really is a custom masterpiece) is the double lot totaling 9,282 sqft and the pool and grotto behind the guest house, seen here.  Very nice.



This entry was posted under South Bay Real Estate News, Manhattan Beach, and New Construction.