3205 Bayview Drive, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 5 bed, 6 bath
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Manhattan Beach, California 90266
This Versatile Coastal Triplex is a Strong Value Opportunity, listed at $6,499,000—positioned well below the $6,911,474 Fair Market Value by 5%. This valuation gap offers $412,474 in Instant Equity. Maintaining a Good Condition Rating, the residence features a 1,000 sq. ft. panoramic ocean-view deck and proximity to Top-Rated Schools including Hermosa View Elementary (10/10). With $7,595 in existing monthly rental income and rare development potential on an oversized lot, this is an ideal asset for Owner-Occupants or Luxury Real Estate Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3205 Bayview Drive Subject | $6,499,000* List Price | 5 | 6 | 3,766 | $1,835 | - |
A 225 24th Sold | $5,100,000 | 5 | 5 | 3,451 | $1,478 | 0.4 mi |
B 113 35th Sold | $6,100,000 | 5 | 4 | 2,772 | $2,201 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a 1937 build that has undergone an extensive contemporary remodel. The gourmet kitchen is equipped with high-end stainless steel appliances, including a Viking range and Sub-Zero refrigerator, complemented by modern cabinetry and stone countertops. The interior features high-quality bamboo flooring, vaulted wood-beamed ceilings, and updated light fixtures. While the home is move-in ready and shows minimal wear, the specific style of the finishes and appliances suggests the renovation occurred within the 5-15 year range, fitting the 'good' criteria rather than 'excellent'.
Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: Mira Costa High School (9/10).
The property features a massive 1,000 sq. ft. private deck offering some of the most expansive panoramic ocean and coastline vistas in the Manhattan Beach Sand Section.
As a remodeled triplex, the property provides immediate high-end rental income from a detached duplex ($7,595/month combined) while offering a luxury primary residence.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3766, other record living area = 2350. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Prospective buyers must verify specific development potential and zoning requirements with the City, as the 1937 structure may present hidden costs during a full rebuild.
The property is offered for a very limited time as the owner is actively considering their own development options, necessitating a quick and decisive offer from buyers.
Offered for a very limited time. The owner is considering development options of their own. Properties this special often sell off market and you never get an opportunity. A dream lot in one of the most sought after areas of the Manhattan Beach sand section. 33 1/3' X 105' - nearly 3500 square feet of land with superlative Bayview view potential. It has very protected views not normally seen on interior lots. Buyer to verify development potential with the City, but it is believed that one could build a single family home with an ADU, and JADU, with 3-4 car parking. Truly amazing!! It comes with a totally usable remodeled triplex, or more like a Single Family home on Bayview with a detached duplex that sits atop a 3 car garage on Manhattan Ave. The super cool Contemporary Ocean-View home is a remodeled coastal gem, and boasts what is probably the single best ocean view deck in Manhattan Beach. Its surprisingly very private, with around 1000 Sq Ft, a fire pit, dining area, BBQ, and panoramic coastal vistas. It must be experienced to be fully appreciated, and it will make you dream of what a third story deck would offer!!! The 3-bedroom, 3-bathroom home spans 2,350 sq. ft. and offers the perfect blend of luxury and beachside living, just steps from the Pacific Ocean and The Strand. Inside, expansive windows and soaring vaulted wood ceilings showcase stunning ocean views from the great room, complete with oversized wood-burning fireplace. The open floor plan features a primary suite with a massive fireplace, with a top-floor guest suite with an opulent 3/4 bath. with a door that closes off a portion of the space to serve as a powder room for the living level. The gourmet kitchen boasts high-end appliances, including a full oven range, dishwasher, and wine fridge, all with lovely ocean views. amenities include a built in dining nook that comfortably seats 8, a massive island with additional seating, and bamboo floors. There is a garage on Bayview as well as on Manhattan Ave with a total of 4 enclosed, and additional parking across the aprons. The detached duplex consists of two 1 Bedroom 1 Bath rentals that are remodeled in a similar contemporary style to the home These are highly desired for long and short term rentals. 3206 Manhattan is rented for $3,695 a month and 3204 Manhattan is renting for $3,900 a month. Close to coffee shops, boutiques, restaurants, and the beach. 3205 Bayview Drive—your gateway to an unforgettable beachside living.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.5 mi
Grades K-3 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 53% |
| Baths | 6.0 | 4.0 | 80% |
| Square foot | 3,766 | 3,421 | 60% |
| Lot Size | 3,498 | 2,698 | 67% |
| Price | $6.50M | $3.90M | 80% |
| Price per sq ft | $1.7K | $1.5K | 53% |
| Built year | 1937 | 1962 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 226 | 7% |
Apr 1, 2026
$6,499,000
Initial Listing