1240 5Th St, Manhattan Beach, CA 90266
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1240 5Th St Manhattan Beach, CA 90266

$12,499,000
  • 7 Beds
  • 7.5 Baths
  • 10,009 Sq.Ft.
For Sale
$12,499,000 Get Pre-Qualified

Map preview of 1240 5Th St, Manhattan Beach, CA 90266

Property Overview: 1240 5Th St Manhattan Beach, CA has 7 bedrooms, 7.5 bathrooms, 10,009 living square feet and 15,006 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Rarely does an opportunity come available to own a home on this highly sought after private road in East Manhattan Beach. This sprawling estate offers over 10,000 square feet of lavish living space, including 7 bedrooms and 7.5 bathrooms, set on a premier 15,000 square foot lot. Step into grandeur through the majestic foyer, featuring an imperial staircase that sets the tone for comfortable elegance. The home is exquisitely designed with a careful balance of form and function that make this oasis RARE. Step outside and be greeted by the equally impressive exterior of the property, boasting lush landscaping and mature trees that offer both privacy and seclusion. Whether you're entertaining guests or seeking a quiet retreat, the seamless indoor/outdoor living spaces provide the perfect setting. The primary retreat is incredibly spacious with lavish amenities including a spa-like bath, walk-in closet with separate walk-in shoe closet and dressing room. Other notable highlights include an executive home office, sports bar with entertaining room, in-home theater, fitness studio, wine cellar speakeasy, convenient gift wrapping/storage room, dual-sided garages, sparkling pool and spa, outdoor shower, outdoor firepit & BBQ area. This is the epitome of luxury living in Manhattan Beach and minutes to everything this incredible beach town has to offer!

Listed by Nicholas Schneider | BRE #01867363 | Compass
Co-listed by Nathan Staggs | BRE #02024795 | Compass
Last checked: 10 minutes ago | Last updated: April 19th, 2024 | Source CRMLS | DOM: 14
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Home details

Lot Sq. Ft
15,006
HOA Dues
$0/mo
Year built
2003
Garage
4 Car
Property Type:
Single Family Home
Status
Active
MLS#
SB24070858
City
Manhattan Beach
County
Los Angeles
Time on Site
19 days

Open Houses for 1240 5Th St

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Property Details for 1240 5Th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, In Closet, Individual Room, Upper Level, Washer Included
Fireplace Information
  • Has Fireplace
  • Den, Game Room, Living Room, Primary Retreat, Outside, Fire Pit
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 2
  • Eating Area: Breakfast Nook, Dining Room
  • Flooring: Wood
  • Basement, Bonus Room, Dressing Area, Exercise Room, Formal Entry, Foyer, Game Room, Guest/Maid's Quarters, Home Theatre, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Office, Retreat, Separate Family Room, Utility Room, Walk-In Pantry, Wine Cellar
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Refrigerator
  • Built-in Trash/Recycling, Kitchen Island, Kitchen Open to Family Room, Self-closing drawers, Utility sink, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 7
  • # of Baths (1/2): 1
Interior Features
  • 2 Staircases, Cathedral Ceiling(s), High Ceilings, Open Floorplan
  • Levels: One, Three Or More
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System, Smoke Detector(s)
  • Door Features: Double Door Entry
Exterior Features
Exterior Information
  • Has Fence
  • Excellent Condition, Privacy
  • Other Structures: Gazebo
  • Has Spa
  • Spa Features: Private, Heated, In Ground
Exterior Features
  • Has Pool
  • Pool Features: Private, Heated, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway, Oversized, See Remarks
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre, Landscaped, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: See Remarks
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 4167021045
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Manhattan Unified
Location / Neighborhood
Location Information
  • Directions: Enter 5th through the private road
  • Road Frontage Type: Private Road
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 1240 5Th St

Last sold for $7,200,000 on March 15th, 2017
  • April, 2024

  • Apr 10, 2024

    Date

    Active

    CRMLS: SB24070858

    $12,499,000

    Price

  • March, 2017

  • Mar 15, 2017

    Date

    Sold (Public Records)

    Public Records

    $7,200,000

    Price

  • April, 1998

  • Apr 14, 1998

    Date

    Sold (Public Records)

    Public Records

    $1,220,000

    Price

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Tax History for 1240 5Th St

Assessed Value (2020): $7,640,697
Year Land Value Improved Value Assessed Value
2020 $4,966,453 $2,674,244 $7,640,697

Home Value Compared to the Market

This property vs the competition

1240 5Th St is listed 191.01% higher than the median list price for the city of Manhattan Beach which has a median list price of $4,295,000. The median price per/sqft for Manhattan Beach is $1,451 and this home is listed at $1248.78 per/sqft which puts the price per square foot 13.94% lower than the median price per square foot for the city of Manhattan Beach.

About 1240 5Th St

Detailed summary of property

1240 5Th St is a single family home located in Manhattan Beach, CA 90266 and is currently for sale. This house offers 7 bedrooms, 7.5 bathrooms, roughly 10,009 living square feet, and sits on an approximately 15,006 square foot lot. 1240 5Th St was first listed on ArdentRealEstateGroup.com on April 10, 2024. The homeowner is currently asking $12,499,000. The median priced home in Manhattan Beach is $4,295,000 with a median price per square foot of $1,451. Based on Ardent Real Estate Group's Manhattan Beach Market Data, this home is listed 191.01% higher than the median priced home. Local competing homes currently for sale include 155 N Anita Ave, 12324 25th Helena Dr and 193 N Carmelina Ave. While the average home in Manhattan Beach, CA is selling in 99 days, 1240 5Th St has a days on market of 14 days. There are currently 96 homes for sale in the Manhattan Beach real estate market and 81 of them are single family homes while 0 of them are condos and 15 are townhomes. For more information on this home for sale at 1240 5Th St Manhattan Beach, CA 90266 contact Ardent Real Estate Group and we will put you in touch with one of our Manhattan Beach agents.

Public Facts for 1240 5Th St

Public county record property details
Beds
8
Baths
8
Year built
2003
Sq. Ft.
10,009
Lot Size
15,001
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
3-4
APN
4167-021-045

The source for these homes facts are from public records.

90266 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,295,000
Median List Price/Sq.Ft.
$1,451
Median Sold Price
$2,349,750
Median Sold Price/Sq.Ft.
$1,284
Total Inventory
96
Median Sale to List Price %
94.37%
Avg Days on Market
48
Loan Type
Conventional (30%), FHA (0%), VA (0%), Cash (40%), Other (30%)

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Related Resources to 1240 5Th St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.