Our latest new construction sale - 2101 Elm Avenue in the Manhattan Beach Tree section - proves once again the efficacy of our lot sale program. The original lot owner got multiple offers from developers and a premium price without paying a commission and the winning bidder got a well-located, flat, west-facing lot which they were able to develop into a premium modern farmhouse-style home that sold over list price. We love it when a plan comes together.
Yet another $6 million sale of a large ocean-view Manhattan Beach Hill section lot transpired recently. The buyer was the next-door neighbor but which one? The international tennis star or the founder and partner in a successful private equity firm? Find out here.
Mike and Sachi just closed on the sale of a prime Manhattan Beach Tree section lot to a local developer. To find out more about this sale and the enhanced benefit to the sellers of substantially lower transaction costs, read on.
Litigation can be draining, particularly when it involves the fate of the once successful production company, Gurney Productions, that you helped create, the company that produced the mega-hit Duck Dynasty. Thankfully, one of the co-producers (and a Manhattan Beach resident) has a heretofore unknown (to us, anyway) second talent, namely remodeling and flipping homes, as this exquisite new Hill section listing will attest.
One of the highest-priced homes ever to sell in the Manhattan Beach Tree section - 719 19th Street - just recently went into escrow again after selling for $6.5 million just last year. We hear the new price is even higher! ($6.7 million, perhaps?)
Teardowns in the Manhattan Beach Hill section are going for a pretty penny these days, with the highest priced dirt purchase in the Hill section recently hitting a record $6.2 million (twice). Is that record soon to be broken again? Learn more here.
We recently closed escrow on one newly-constructed Manhattan Beach home (461 27th Street, pictured above) and opened escrow on another (2101 Elm Avenue in the Tree section). In addition, we sold two adjoining 6500 sqft lots for a future 6-townhome project in East Manhattan.