1625 18th Street, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 4 bed, 6 bath

1625 18th Street, Manhattan Beach, California 90266 home-pic-0
ACTIVE$4,799,000
1625 18th Street, Manhattan Beach, California 90266
4Beds
6Baths
3,600Sqft
4,983Lot

Price Vs. Estimate

The estimated value ($4,554,237.42) is $244,762.58 (5%) lower than the list price ($4,799,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4983, living area = 3600.

Compared to the nearby listings

Price:$4.80M vs avg $3.42M (+$1,381,500)77%
Size:3,600 sqft vs avg 2,623 sqft76%
Price/sqft:$1.3K vs avg $1.4K44%

More Insights

Built in 2020 (5 years old).
Condition: This property, built in 2020, is a newly constructed 'custom-built modern gem' as described. The images confirm a pristine condition with state-of-the-art features throughout. The kitchen is a highlight, showcasing sleek European gourmet design with integrated appliances, a large waterfall island, and contemporary lighting. Flooring is modern light-toned wood, and light fixtures are recessed and stylish. The overall aesthetic is high-end and new, with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' criteria for a newly built or extensively renovated property.
Year Built
2020
Close
-
List price
$4.8M
Original List price
$4.8M
Price/Sqft
$1,333
HOA
-
Days on market
-
Sold On
-
MLS number
25551257
Home ConditionExcellent
Features
Good View: City Lights, Park/Greenbelt
Pool
Spa
Patio
ViewCity Lights,Park/Greenbelt

About this home

Simply one of a kind, entertainer's paradise. Custom-built modern gem, with pool and spa. Open indoor/outdoor floor plan with all pocket doors, opening to luscious backyard with space heaters, pool/spa with dual powerful swim jets & water features. Generous 2nd floor family/loft area. Private front yard with modern fire pit setting. Fully loaded with state-of-the-art European gourmet kitchen and appliances. Sound system throughout, water filtration system, surveillance camera system, electric car charger, and many other features.

Nearby schools

7/10
Meadows Avenue Elementary School
Public,K-50.5mi
9/10
Manhattan Beach Middle School
Public,6-80.2mi
9/10
Mira Costa High School
Public,9-121.3mi

Price History

Date
Event
Price
07/20/00
Sold
$530,000
06/14/18
Sold
$1,545,000
07/15/13
Sold
$1,130,000
Condition Rating
Excellent

This property, built in 2020, is a newly constructed 'custom-built modern gem' as described. The images confirm a pristine condition with state-of-the-art features throughout. The kitchen is a highlight, showcasing sleek European gourmet design with integrated appliances, a large waterfall island, and contemporary lighting. Flooring is modern light-toned wood, and light fixtures are recessed and stylish. The overall aesthetic is high-end and new, with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' criteria for a newly built or extensively renovated property.
Pros & Cons

Pros

Great Schools: Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Modern, Custom-Built Construction: Built in 2020, this property is a 'custom-built modern gem,' ensuring contemporary design, materials, and energy efficiency, appealing to buyers seeking new and updated homes.
Exceptional Entertainment Features: Designed as an 'entertainer's paradise,' it features an open indoor/outdoor floor plan with pocket doors, a luxurious backyard with a pool, spa with dual powerful swim jets, water features, space heaters, and a private front yard with a modern fire pit setting.
High-End Finishes & Smart Home Technology: The home is 'fully loaded' with a state-of-the-art European gourmet kitchen and appliances, a sound system throughout, water filtration system, surveillance camera system, and an electric car charger, indicating premium quality and modern convenience.
Desirable Location with Views: Situated in Manhattan Beach, a highly sought-after area, the property offers attractive 'City Lights, Park/Greenbelt' views, enhancing its appeal and potential value.
Functional and Flexible Living Spaces: The inclusion of a 'generous 2nd floor family/loft area' provides versatile space for relaxation, recreation, or a home office, complementing the main living areas.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4983, living area = 3600.
Premium Price Point: The list price of $4.799 million is at a premium, potentially limiting the pool of prospective buyers, especially when compared to recent sales of similar properties in the immediate area, and is higher than the current estimation value.
Moderate Lot Size for Extensive Amenities: While the 4983 sqft lot size is typical for Manhattan Beach, the extensive outdoor amenities like a pool, spa, and fire pit might lead to a perception of a less expansive usable yard space for some luxury buyers seeking larger outdoor areas.
Bedroom Count: With 4 bedrooms, the property might not meet the needs of larger families who typically seek 5 or more bedrooms in this luxury market segment, potentially narrowing its appeal to a specific demographic.

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