608 The Strand Manhattan Beach CA 90266

608 The Strand Manhattan Beach CA 90266

Well what can you say, they are not making any more ocean front land and it is name your price on the existing lots. It seems as if most of the Strand sales activity has gone to builders and other all cash investors as the price of the dirt has outstripped the value of living in whatever is on the lot. 608 The Strand is listed by Shorewood Realtors for $14,900,000 and based on the listing agent's description they expect it to go to a builder. House is estimated at 1541 SqFt on a 3387 SqFt lot in an A+ beach front location. Wow.

"It doesn't get much better than this! Oceanfront living in the 100% bullseye location on the South Manhattan Strand. Panoramic whitewater views from PV & Catalina to Malibu are accented by the quintessential view of the iconic Manhattan Beach Pier. South Manhattan Strand offers direct beach access and 608 Strand is located in about the perfect spot - just far enough from the hustle & bustle of town to provide a perfect setting for the home you will never sell - yet only a 3-4 block walk to the shops, restaurants and nightlife in downtown. For one lucky family, this won't just be a change of address, it will change be a change in lifestyle. New home in the range of 4500 square feet can be built for approximately $3,000,000. Existing improvements are move-in ready. Front house built in 1999 is a comfortable two bedroom with great elevated Strand patio & a cozy Great Room with fireplace. A detached guest quarters over the garage offers the 3rd bedroom and spectacular ocean views as well. Joined by a beautiful, spacious central courtyard finished in flagstone with built-in seating & BBQ. A casual and comfortable beach lifestyle awaits. There aren't many lot value properties left on the South Manhattan Strand - wait for the next one at your own peril!"

MLS SB16057475. Learn more at 90266realestate.com.