1136 5th Street, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 5 bed, 5 bath

1136 5th Street, Manhattan Beach, California 90266 home-pic-0
ACTIVE$5,099,000
1136 5th Street, Manhattan Beach, California 90266
5Beds
5Baths
4,400Sqft
7,506Lot
Year Built
2003
Close
-
List price
$5.1M
Original List price
$4.9M
Price/Sqft
$1,159
HOA
-
Days on market
-
Sold On
-
MLS number
SB24255582
Home ConditionGood
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,6 Pros. Rank: price - $5.10M(80th), sqft - 4400(87th), beds - 5(69th), baths - 5(70th).

LARGE 5 BED/4.5 BATH TWO STORY SPANISH STYLE HOME on a 7,500 lot with south-facing backyard. Every so often, CASUAL ELEGANCE in the form of the perfect family home comes to market!! 4,400 square feet of optimal, balanced living space with a 3 car garage, every room in this beauty has a light, airy spacious feeling with high or vaulted ceilings and oversized dimensions. On the main floor, you'll find a large gourmet kitchen with work island, breakfast bar, breakfast nook, and granite counters; a family room that opens to a backyard oasis featuring a free standing wood-burning stone fireplace, stone patios, outdoor stainless steel kitchen, putting green, and lush landscaping. Heading back inside, more elements on the main level include a large formal dining room, a formal living room (currently set up as a music room), a bonus/bedroom with full bath, uniquely designed half bath, a climate controlled wine room with capacity for nearly 500 bottles from your favorite wineries, and convenient direct access to an oversized 3 car garage. Up the winding staircase to the second floor, 4 large bedrooms, laundry room with washer and dryer (included) and storage cabinets, and an open work area on the landing. You’ll appreciate the walnut hardwood floors throughout, designer paint colors, custom lighting, owned solar panel system, garage-mounted Tesla charging station, and stamped concrete driveway. Prime coveted 5th Street location with quick, easy access to downtown Manhattan Beach, the Strand, the Green Belt, shopping, restaurants, grocery stores, professional offices, and award-winning schools.

Nearby schools

9/10
Aurelia Pennekamp Elementary School
Public,K-50.3mi
7/10
Meadows Avenue Elementary School
Public,K-50.5mi
9/10
Manhattan Beach Middle School
Public,6-80.9mi
9/10
Mira Costa High School
Public,9-120.7mi

Price History

Date
Event
Price
02/03/04
Sold
$1,559,500
Condition Rating
Good

Built in 2003, this Spanish-style home is move-in ready and exceptionally well-maintained. It features walnut hardwood floors, custom lighting, and significant modern upgrades like an owned solar panel system and Tesla charging station. The kitchen, while featuring granite counters and stainless steel appliances, presents a classic style that is well-preserved. The bathroom shown in the images appears recently updated with modern fixtures and tile. The property boasts a luxurious outdoor living space. While not a brand-new build or a full, top-to-bottom contemporary renovation, its excellent upkeep and thoughtful updates place it firmly in the 'Good' category, requiring no immediate renovations.
Pros & Cons

Pros

Great Schools: Elementary School: Aurelia Pennekamp Elementary School (9/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Prime Location & Top Schools: Coveted 5th Street location offering quick access to downtown Manhattan Beach, the Strand, Green Belt, and award-winning schools, enhancing desirability and long-term value.
Exceptional Outdoor Living: A private south-facing backyard oasis featuring a wood-burning stone fireplace, stone patios, outdoor stainless steel kitchen, and a putting green, ideal for entertaining and relaxation.
Generous & Functional Living Space: Spacious 4,400 sqft layout with 5 beds/4.5 baths, high/vaulted ceilings, oversized rooms, and a convenient main-floor bonus/bedroom with full bath, catering to diverse family needs.
Luxury Amenities & Modern Upgrades: Includes a climate-controlled 500-bottle wine room, owned solar panel system, garage-mounted Tesla charging station, walnut hardwood floors, and custom lighting, adding significant appeal and efficiency.
Large Lot Size: Situated on a substantial 7,500 sqft lot, providing ample outdoor space and privacy, a premium feature in Manhattan Beach.

Cons

Absence of Central Air Conditioning: The property description does not mention a central cooling system, which could be a significant drawback for comfort during warmer months and a common expectation in luxury homes.
Age and Style Relative to Market Trends: Built in 2003, the Spanish style, while elegant, may be perceived as less contemporary compared to newer 'modern farmhouse' or 'coastal contemporary' builds in the area, potentially limiting buyer pool.
Pricing Strategy: The current list price is notably higher than the property's estimated value and some recently sold comparable properties, suggesting it may be priced above current market expectations.

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