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541 4th, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 4 bed, 4 bath

541 4th, Manhattan Beach, California 90266 home-pic-0
ACTIVE$7,950,000
541 4th, Manhattan Beach, California 90266
4Beds
4Baths
3,596Sqft
2,698Lot

Price Vs. Estimate

The estimated value ($7,354,614.42) is $595,385.58 (7%) lower than the list price ($7,950,000). This property may be overpriced.

Key pros and cons

Top 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).
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 = 2698, living area = 3596.

Compared to the nearby listings

Price:$7.95M vs avg $3.42M (+$4,532,500)90%
Size:3,596 sqft vs avg 2,655 sqft75%
Price/sqft:$2.2K vs avg $1.4K85%

More Insights

Built in 1990 (35 years old).
Condition: This property, built in 1990, has undergone a complete and extensive remodel, as explicitly stated in the listing description ('completely remodeled inside and out!' and 'Everything is NEW'). The images confirm a high-end, modern renovation throughout the home. The kitchen features a chef-grade Forno range, professional stainless steel appliances, sleek cabinetry, and marble-look quartz countertops, all appearing brand new. The bathrooms, particularly the primary suite, are luxurious with modern floating vanities, dual sinks, a large freestanding tub, and a spacious walk-in shower with contemporary tiling, living up to the '5-star resort' description. Hardwood floors are present throughout, and recessed lighting provides a clean, modern aesthetic. The addition of a rooftop deck with a jacuzzi and outdoor kitchen further enhances its appeal and modern amenities. Given the comprehensive and recent nature of the renovation, the property meets the 'Excellent' criteria of being extensively renovated within 5 years with virtually new components and no deferred maintenance.
Year Built
1990
Close
-
List price
$7.95M
Original List price
$7.95M
Price/Sqft
$2,211
HOA
-
Days on market
-
Sold On
-
MLS number
OC25265072
Home ConditionExcellent
Features
Good View: Ocean, Peek-A-Boo, Trees/Woods
Deck
Spa
Patio
ViewOcean, Peek-A-Boo, Trees/Woods

About this home

HUGE PRICE REDUCTION!!! This luxury home is completely remodeled inside and out! It is situated in a quiet south Manhattan Beach family neighborhood and steps away from the sand and walking greenbelt trails. The home is also conveniently located close enough to walk or bike to restaurants and stores in downtown Manhattan Beach. The main entry level features three bedrooms, two full baths, family room/third bedroom (office) that opens to the peaceful front patio. The second level features a spacious living room with fireplace, dining room with dramatic high ceilings, & hardwood floors throughout. Entertain guest with a chef kitchen featuring views of the greenbelt, Forno range with ovens, stainless steel appliances, & tech professional refrigerator. The main suite has a romantic fireplace, primary bath with custom floors, large sunken shower, tub, double sink, and feels like you are in a 5-star resort with a private deck overlooking the greenbelt. The third level is what makes this property a rare find! It features an exclusive open air large rooftop deck that is now restricted in Manhattan Beach & adds more living space! The north side deck features a jacuzzi, sink, and very large protected seating area for entertainment & fitness. The South facing deck features a new large outdoor kitchen set up with BBQ, sink, & dining area with plenty of ocean breeze. Going back down to the main level the home has a large laundry room leading to a two car attached garage with space for storage and Epoxy floors. Everything is NEW and a perfect spot to start your beach life!

Nearby schools

9/10
Opal Robinson Elementary School
Public,•K-5•0.2mi
9/10
Grand View Elementary School
Public,•K-5•1.0mi
10/10
Hermosa View Elementary School
Public,•K-3•1.1mi
8/10
Hermosa Valley Elementary School
Public,•4-8•1.1mi
9/10
Manhattan Beach Middle School
Public,•6-8•1.3mi
9/10
Mira Costa High School
Public,•9-12•1.0mi

Price History

Date
Event
Price
05/26/21
Sold
$3,850,000
03/25/16
Sold
$3,245,000
09/23/03
Sold
$1,489,000
Condition Rating
Excellent
This property, built in 1990, has undergone a complete and extensive remodel, as explicitly stated in the listing description ('completely remodeled inside and out!' and 'Everything is NEW'). The images confirm a high-end, modern renovation throughout the home. The kitchen features a chef-grade Forno range, professional stainless steel appliances, sleek cabinetry, and marble-look quartz countertops, all appearing brand new. The bathrooms, particularly the primary suite, are luxurious with modern floating vanities, dual sinks, a large freestanding tub, and a spacious walk-in shower with contemporary tiling, living up to the '5-star resort' description. Hardwood floors are present throughout, and recessed lighting provides a clean, modern aesthetic. The addition of a rooftop deck with a jacuzzi and outdoor kitchen further enhances its appeal and modern amenities. Given the comprehensive and recent nature of the renovation, the property meets the 'Excellent' criteria of being extensively renovated within 5 years with virtually new components and 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 Coastal Location: Situated in a quiet south Manhattan Beach neighborhood, steps from the sand, greenbelt trails, and walkable to downtown restaurants and shops.
Extensive Luxury Remodel: Completely renovated inside and out with high-end finishes, dramatic high ceilings, hardwood floors, and a 5-star resort-like primary suite.
Rare Rooftop Deck with Amenities: Features an exclusive, now-restricted large open-air rooftop deck with a jacuzzi, outdoor kitchen, BBQ, and ample space for entertainment and fitness, significantly expanding living area.
Gourmet Chef's Kitchen: Equipped with a Forno range, professional stainless steel appliances, and greenbelt views, ideal for entertaining.
Multiple Outdoor Living Spaces: Offers a peaceful front patio, a private primary suite deck, and the expansive multi-functional rooftop deck, enhancing the indoor-outdoor lifestyle.

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 = 2698, living area = 3596.
Above Market Estimation: The current list price of $7.95M is 7% higher than the property's estimated value of $7.35M, potentially indicating an aggressive pricing strategy.
Limited Lot Size: The 2,698 sqft lot is relatively small for a luxury home of this size (3,596 sqft), which may restrict ground-level outdoor space.
Partial Ocean Views: While 'Ocean' view is listed, the description highlights 'greenbelt views' from key areas and 'ocean breeze' from the rooftop, suggesting views may be partial or 'peek-a-boo' rather than expansive panoramic ocean vistas.

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