1612 Gates Avenue, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 5 bed, 6 bath

1612 Gates Avenue, Manhattan Beach, California 90266 home-pic-0
ACTIVE$6,150,000
1612 Gates Avenue, Manhattan Beach, California 90266
5Beds
6Baths
5,080Sqft
7,510Lot
Year Built
2025
Close
-
List price
$6.15M
Original List price
$6.15M
Price/Sqft
$1,211
HOA
-
Days on market
-
Sold On
-
MLS number
SB25033770
Home ConditionExcellent
Features
View-

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,6 Pros. Rank: price - $6.15M(85th), sqft - 5080(94th), beds - 5(69th), baths - 6(84th).

This 5 bedroom, 5 1/2 bath new construction home is located on a prime street in the Manhattan Beach Mira Costa area. This property has a large south facing backyard with plenty of room for kids, pets or a future pool. Open floor plan with large commercial kitchen perfect for a large family or entertaining. White oak hardwood throughout. Large laundry room. Large master suite with extraordinary walk in master closet. Don’t miss this opportunity!

Nearby schools

9/10
Aurelia Pennekamp Elementary School
Public,K-50.3mi
7/10
Meadows Avenue Elementary School
Public,K-50.8mi
9/10
Manhattan Beach Middle School
Public,6-80.8mi
9/10
Mira Costa High School
Public,9-120.5mi

Price History

Date
Event
Price
02/17/25
Listing
$6,150,000
04/04/22
Sold
$1,950,000
Condition Rating
Excellent

This is a brand new construction home built in 2025, featuring an open floor plan, white oak hardwood flooring throughout, and a large commercial kitchen. The bathrooms are luxurious with modern fixtures, frameless glass showers, and freestanding tubs. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
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).
New Construction & Modern Design: Built in 2025, this home offers brand-new systems, an open floor plan, and high-end finishes like white oak hardwood throughout, appealing to buyers seeking contemporary luxury.
Prime Manhattan Beach Location: Situated on a 'prime street in the Manhattan Beach Mira Costa area,' a highly desirable and affluent neighborhood known for its excellent quality of life and strong property values.
Exceptional School District: Located within the top-rated Manhattan Unified School District, with multiple highly-rated schools (including elementary, middle, and high schools with 9/10 ratings) within a mile, making it ideal for families.
Spacious & Luxurious Amenities: Boasts 5 bedrooms, 5.5 baths, 5080 sqft, a large commercial kitchen, a grand master suite with an extraordinary walk-in closet, and a large laundry room, catering to luxury living and entertaining.
Desirable Outdoor Space: Features a large, south-facing backyard with ample room for children, pets, or the future addition of a pool, enhancing lifestyle and potential property value.

Cons

Overpriced Relative to Estimation: The current listing price of $6.15 million is approximately 6% higher than the estimated property value of $5.75 million, which may indicate it is priced above market expectations.
Lack of Views: The property explicitly states 'view: None,' which can be a significant drawback in a coastal luxury market like Manhattan Beach where ocean or city views often command a premium.
Future Completion/Pre-Sale: With a 'year_built' of 2025 and an 'on_market_date' in February 2025, the property is likely either under construction or a pre-sale, meaning it's not available for immediate occupancy and may involve potential construction delays or uncertainties.

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