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$5,899,000$5,080/sqft
Est. Value: $5,669,348
-3%
AboveEstimate
1612 Gates Avenue, Manhattan Beach, California 90266
5Beds
6Baths
5,080Sqft
7,510Lot

Price Vs. Estimate

The estimated value ($5,669,348.14) is $229,651.86 (3%) lower than the list price ($5,899,000). This property may be overpriced.

Key pros and cons

Top 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).
Top Cons:
Lack of Views: The property explicitly states 'view: None,' which can be a notable drawback for a luxury home in a coastal market like Manhattan Beach, where ocean or city views often command a premium.

Compared to the nearby listings

Price:$5.90M vs avg $3.40M (+$2,499,000)85%
Size:5,080 sqft vs avg 2,700.5 sqft92%
Price/sqft:$1.2K vs avg $1.4K26%

More Insights

Built in 2025 (1 years old).
Condition: This is a brand new construction home, built in 2025, featuring a modern design with high-end finishes throughout. The kitchen boasts a 'commercial kitchen' with new stainless steel appliances, white shaker cabinets, quartz countertops, and stylish backsplashes. Bathrooms are luxurious with contemporary vanities, black fixtures, large walk-in showers, and a freestanding tub in the master. White oak hardwood flooring is consistent throughout, and all systems and components are new, meeting the highest quality standards with no deferred maintenance.
Year Built
2025
Close
-
List price
$5.9M
Original List price
$5.9M
Price/Sqft
$1,161
HOA
-
Days on market
-
Sold On
-
MLS number
SB26007141
Home ConditionExcellent
Features
Patio
View-

About this home

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!

S
Stephanie Wells
Listing Agent

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
04/04/22
Sold
$1,950,000
Condition Rating
Excellent

This is a brand new construction home, built in 2025, featuring a modern design with high-end finishes throughout. The kitchen boasts a 'commercial kitchen' with new stainless steel appliances, white shaker cabinets, quartz countertops, and stylish backsplashes. Bathrooms are luxurious with contemporary vanities, black fixtures, large walk-in showers, and a freestanding tub in the master. White oak hardwood flooring is consistent throughout, and all systems and components are new, meeting the highest quality standards with no deferred maintenance.
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 brand new home offers contemporary design, modern amenities, and the peace of mind that comes with new construction, minimizing immediate maintenance concerns.
Prime Manhattan Beach Location: Situated on a prime street in the highly sought-after Manhattan Beach Mira Costa area, offering excellent community appeal and strong property value retention.
Spacious & Functional Layout: With 5 bedrooms, 5.5 baths, and 5080 sqft, the home features an open floor plan, a large south-facing backyard with ample space, and a dedicated large laundry room, ideal for families and entertaining.
High-End Finishes & Features: Boasts a large commercial kitchen, white oak hardwood flooring throughout, and a luxurious master suite with an extraordinary walk-in closet, catering to a high-end lifestyle.
Exceptional School District: Located within the highly-rated Manhattan Unified School District, with top-tier schools like Manhattan Beach Middle, Pennekamp Elementary, and Mira Costa High in close proximity, a significant draw for families.

Cons

Lack of Views: The property explicitly states 'view: None,' which can be a notable drawback for a luxury home in a coastal market like Manhattan Beach, where ocean or city views often command a premium.
High Price Point: Listed at $5.899 million, this property is positioned in the ultra-luxury segment, which naturally narrows the pool of potential buyers, despite being new construction in a desirable area.
Absence of a Pool: While the large south-facing backyard offers 'room for a future pool,' a pool is not currently installed. For a luxury home in this price range and climate, a built-in pool is often a highly anticipated amenity.
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