215 S Poinsettia Avenue, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 6 bed, 8 bath

215 S Poinsettia Avenue
Manhattan Beach, California 90266
Property Price
SUMMARY
Analysis of 215 S Poinsettia Avenue, Manhattan Beach, California 90266 reveals a Prime Investment Opportunity with a current list price of $13,199,000—significantly undercutting the $14,490,423 Fair Market Value by 8%. This valuation gap indicates a +$1,291,423 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Manhattan Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 215 S Poinsettia Avenue Subject | $13,199,000* List Price | 6 | 8 | 9,047 | $1,602 | - |
A 1000 Highview Ave Sold | $9,600,000 | 5 | 6 | 5,541 | $1,733 | 0.6 mi |
B 617 Anderson Street Sold | $10,625,000 | 6 | 8 | 6,500 | $1,635 | 0.3 mi |
C 676 18th Street Sold | $10,500,000 | 6 | 8 | 5,843 | $1,797 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2002, this property is move-in ready and features high-end finishes including Sub-Zero and Miele appliances. While it is 24 years old, it has undergone recent aesthetic updates such as fresh white oak flooring and paint. The home is exceptionally well-maintained with luxury resort-style amenities, though the kitchen and bathroom footprints reflect the original 2002 construction rather than a full contemporary renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Opal Robinson Elementary School (9/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
- Resort-Style Outdoor Living
The property features a rare tropical backyard oasis including a pool, spa, swim-up bar, and tiki hut, offering a level of private outdoor entertainment space that is exceptionally rare for Manhattan Beach.
- Exceptional Scale and Entertainment
With over 9,000 square feet of living space, the home includes a unique club-inspired basement with a theater, full bar, and VIP lounge, providing unparalleled volume and entertainment utility.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 9047, other record living area = 6347.
- Vintage of Construction
Built in 2002, the property may require further aesthetic updates to compete with the ultra-modern new construction frequently sought by buyers at the $13M+ price point.
- Substantial Maintenance Overhead
The massive square footage combined with complex amenities like an elevator and extensive tropical landscaping suggests high ongoing carrying and maintenance costs for the future owner.
About 215 S Poinsettia Avenue
High above the street in the iconic Hill Section of Manhattan Beach, this Southwest-facing corner estate feels like its own private resort—where ocean breezes drift in, sunlight pours through soaring ceilings, and every level delivers a new experience. In a city where space, privacy, and ocean vistas are hard to come by, the Hill Section is one of the few neighborhoods that offers all three—along with a short stroll to the beach, easy access to downtown, and walking distance to award-winning Robinson Elementary. Step inside on the main entry level and the drama begins: dual curved staircases, statement chandeliers, and fresh white oak floors that instantly lighten the mood. Five bedrooms (four ensuite) are thoughtfully positioned alongside a spacious family room and bonus flex space—ideal for homework marathons, movie nights, or a quiet work-from-home escape. Slide outside and you’re transported to a tropical oasis: pool, spa, swim-up bar, tiki hut with grass roof, outdoor fireplace, turf lawn, and bamboo-lined privacy that makes every day feel like a five-star getaway. Upstairs is where life unfolds in grand fashion. The living room opens to a balcony overlooking the lush backyard, while the gourmet kitchen—complete with Sub-Zero refrigeration, Dacor 6-burner range, double warming drawers, two Miele dishwashers, and an expansive granite island—anchors the home with effortless entertaining power. Double butler’s pantries and a built-in work area keep everything running smoothly. A warm library/study with fireplace invites slower moments, while the primary suite is a retreat unto itself: balcony access, dual-entry walk-in closet, soaking tub, dual vanities, and a spa-style shower designed to start and end your days right. Then there’s the level no one sees coming. Take the elevator down and you’ll find a moody, club-inspired escape reminiscent of the Foundation Room at House of Blues—ornate carved doors, ambient lighting, full bar, VIP lounge, theater room, and a vibe that says the night is just getting started. With over 9,000 square feet, six bedrooms, seven baths, multiple living areas, three-car garage, and seamless indoor-outdoor flow, this estate fully captures what makes the Hill Section so sought-after: room to spread out, privacy to unwind, and views that remind you why Manhattan Beach living is in a class of its own. It may feel like a faraway escape. Spoiler alert: it’s right here.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 9,368 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 8 (8 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Manhattan Beach Unified Schools
Opal Robinson Elementary School
Grades K-5 • 0.2 mi
Manhattan Beach Middle School
Grades 6-8 • 1.3 mi
Mira Costa High School
Grades 9-12 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 89% |
| Baths | 8.0 | 4.0 | 96% |
| Square foot | 9,047 | 2,895 | 98% |
| Lot Size | 9,368 | 4,979 | 98% |
| Price | $13.20M | $3.43M | 98% |
| Price per sq ft | $1.5K | $1.4K | 55% |
| Built year | 2002 | 1986 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 175 | 3% |
Pricing History
Listed for Sale
Feb 25, 2026
$13,199,000
Initial Listing
Sold
Mar 3, 2000
$1,800,000
Public Record










































































