316 5th Street, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 3 bed, 2 bath

316 5th Street, Manhattan Beach, California 90266 home-pic-0
ACTIVE$5,950,000
316 5th Street, Manhattan Beach, California 90266
3Beds
2Baths
1,743Sqft
2,741Lot
Year Built
1947
Close
-
List price
$5.95M
Original List price
$5.95M
Price/Sqft
$3,414
HOA
-
Days on market
-
Sold On
-
MLS number
SB25069823
Home ConditionExcellent
Features
Good View: Ocean
Patio
ViewOcean

About this home

Possibly Over-Priced:The estimated price is 23% below the list price. We found 3 Cons,6 Pros. Rank: price - $5.95M(85th), sqft - 1743(26th), beds - 3(39th), baths - 2(30th).

The definition of 'Unique' is defined as 'being the only one of its kind, or having no like or equal. Rare'. This absolute gem is the epitome of Unique. Centered in the heart and soul of Manhattan Beach, this one is an absolute must see if you are looking for that sought after yet hard to find beach home that has the prime location, great home, ocean views and incredible outdoor space just 3 blocks to the beach…Sitting on a full lot, this gorgeous single family home is situated on a prime+ walk street, at the south-west corner, and is ideally positioned in the center of the highly sought after Sand Section. Thanks to its corner orientation on the west end of the block, it is the ONLY property on the south end walk streets that has an actual backyard. There are so many cool outdoor features to enjoy such as dining area, fire pit, built-in outdoor kitchen, multiple sitting areas, and an abundance of sunshine. The perfectly thought out and tastefully remodeled home shows off its 'vibe' the moment you walk in. There are two great living spaces on this property with an impressive downstairs master bedroom suite that features a functional and beautiful open walk in closet area and lounge. The 2nd level ocean views from the kitchen and sitting area are sneaky good and the walk street patio with built-in seating and a fire pit has been known to host impromptu neighborhood sunset gatherings and more good vibes and nice ocean views. On top of ALL of this, there is a unique view protection element that makes this special property even more of a find! Parking at the beach is hard to come by…but not here, we have 4 spots. Manhattan Beach living defined…Right here.

Nearby schools

9/10
Opal Robinson Elementary School
Public,K-50.2mi
9/10
Grand View Elementary School
Public,K-51.0mi
10/10
Hermosa View Elementary School
Public,K-31.2mi
8/10
Hermosa Valley Elementary School
Public,4-81.2mi
9/10
Manhattan Beach Middle School
Public,6-81.5mi
9/10
Mira Costa High School
Public,9-121.1mi

Price History

Date
Event
Price
01/13/17
Sold
$3,800,000
Condition Rating
Excellent

Despite being built in 1947, this property has undergone an extensive and tasteful remodel, bringing it to current quality standards. The kitchen features high-end, professional-grade stainless steel appliances, modern white cabinetry, white subway tile backsplash, and sleek countertops. The bathroom is equally impressive with a large walk-in shower, frameless glass, marble-look tiling, and a contemporary vanity. Throughout the home, modern hardwood flooring, updated light fixtures, and split AC units indicate a comprehensive renovation, making the property feel virtually new and move-in ready with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
Prime Location & Walk Street Frontage: Situated on a prime walk street in the heart of Manhattan Beach, just three blocks from the beach, offering unparalleled access to the vibrant beach lifestyle.
Exceptional Outdoor Living & Rare Backyard: Features a unique and highly desirable actual backyard, a rarity on south end walk streets, complete with a dining area, fire pit, built-in outdoor kitchen, and multiple sitting areas.
Ocean Views & View Protection: Offers ocean views from the second level kitchen and sitting area, enhanced by a unique view protection element, preserving the property's scenic outlook.
Ample Off-Street Parking: Provides four dedicated parking spots, a significant and valuable amenity in a dense beach community where parking is typically scarce.
Tastefully Remodeled Interior: The home has been perfectly thought out and tastefully remodeled, featuring two great living spaces and an impressive downstairs master suite, offering modern appeal and move-in readiness.

Cons

Significant Price Discrepancy: The listing price is 23% higher than the estimated property value, which may indicate an aggressive pricing strategy or a challenge in justifying the premium to some buyers.
Older Construction: Built in 1947, the property's age, despite remodels, could imply potential for older underlying systems or higher long-term maintenance considerations compared to newer constructions.
Modest Square Footage for Price: With 1743 sqft, the interior living space is relatively modest for its high price point, potentially limiting appeal for buyers prioritizing larger indoor areas.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state