108 The Strand in Manhattan Beach CA is listed as built in 2015 and is priced at $19,985,000. The location is right at the border of Hermosa Beach located between the Piers so let's rate that an A++ and we know its all about location. The builder states that the house is 6500 SqFt on a 3333 SqFt lot. It has a 5 car garage which with the way parking has been going in Manhattan Beach recently is more useful than you might think. Designed by Louie Tomaro the home also features a huge entertainment/theater room, a gym, two kitchens (including a Strand level party kitchen) 3 outdoor fireplaces, and some of the most dramatic indoor/outdoor living space anywhere all highlighted by a dramatic floating structural glass 3 level staircase. Floor to ceiling windows on the top three floors dominate the western face of the property. Highlighted by large sliding Fleetwood doors that disappear to create large open vistas to the ocean and serve to blur the distinction between interior and exterior space. Sounds pretty awesome to me. Follow this link for more information and pictures.
After 9 closed sales in total in 2014 and 2015 there are now ten properties listed in the MLS and one in escrow. Land value and SFRs for what is currently available start at $7.5M and top out at $28,500,000. (Well there is a condo for $2.987M).
So with more listings available for sale today than actual sales over the past few years, a few things came to mind not the least of which is "when is that next Powerball Drawing?".
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