316 28th Street, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 4 bed, 5 bath

316 28th Street, Manhattan Beach, California 90266 home-pic-0
ACTIVE$7,999,000
316 28th Street, Manhattan Beach, California 90266
4Beds
5Baths
3,450Sqft
2,220Lot
Year Built
2020
Close
-
List price
$8M
Original List price
$8.49M
Price/Sqft
$2,319
HOA
-
Days on market
-
Sold On
-
MLS number
SB25044664
Home ConditionExcellent
Features
Excellent View: Ocean, Panoramic, Water
Deck
Patio
ViewOcean, Panoramic, Water

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 4 Cons,6 Pros. Rank: price - $8.00M(90th), sqft - 3450(72th), beds - 4(50th), baths - 5(70th).

With world-class whitewater views from Malibu to Catalina Island, this home is situated on a premium corner lot in one of the most sought-after coastal neighborhoods in all of Southern California. This custom-built home by Dave Powers was designed with award-winning Tomaro Architecture. This is not just a home, it's a lifestyle! This sustainable solar powered home comes with a dual battery backup system. The ocean view cold plunge and jacuzzi is perfect for relaxing after a long day of soaking up the California sun at the beach. When night falls, the soft top covers convert the area into comfortable lounge seating. From nearly every room in this home, you'll enjoy mesmerizing ocean views. You'll appreciate the private office suite with dual built-in work stations, and the high-velocity/high-efficiency HVAC system. There's even a ceiling fan in the gym/beach room so you can stay cool while you work up a sweat. When it's time to relax, enjoy the infrared sauna or take a dip in the cold plunge! With sleek, contemporary lines and luxurious finishes, this home is perfect for those who appreciate the finer things in life. It's a luxurious, designer showcase that has been meticulously crafted with high-end materials and finishes. Features include an outdoor beach shower, temperature-controlled wine display room, 3-stop elevator and floating wood staircase. The home also boasts beautiful faux living walls, solid walnut doors, and Fleetwood sliding doors that fully retract to embrace the panoramic vistas. Plus, there's a Control 4 home automation system with security cameras and system, automated window treatments, audio/visual controls, and custom lighting environments that make it easy to create the perfect atmosphere for any occasion. And with Kohler, Kallista, Newport Brass and Graff fixtures and finishes throughout, you can be sure that every detail has been considered. The outdoor spaces are just as amazing as the indoor spaces. It's a luxurious oasis that's perfect for hosting both sophisticated and casual gatherings. You'll enjoy the luxury of top-of-the-line Thermador appliances, including a 6-burner range, double ovens, and cabinet-faced dishwasher and refrigerator. The built-in Lynx gas grill is perfect for beach-day cookouts, while the SunBrite brand outdoor TV ensures you'll never miss a game. End your perfect day by relaxing around the outdoor linear gas fireplace while watching the sun set into the vast Pacific Ocean beyond.

Nearby schools

9/10
Grand View Elementary School
Public,K-50.2mi
9/10
Opal Robinson Elementary School
Public,K-51.3mi
10/10
Hermosa View Elementary School
Public,K-32.3mi
9/10
Manhattan Beach Middle School
Public,6-81.9mi
8/10
Hermosa Valley Elementary School
Public,4-82.3mi
9/10
Mira Costa High School
Public,9-122.1mi

Price History

Date
Event
Price
06/21/18
Sold
$2,900,000
06/30/05
Sold
$1,630,000
Condition Rating
Excellent

This property, built in 2020, is virtually new and exemplifies luxury and modern design. The kitchen features top-of-the-line Thermador appliances, custom wood cabinetry, and a stunning marble waterfall island, all in pristine condition. While specific bathroom images weren't provided, the description highlights 'Kohler, Kallista, Newport Brass and Graff fixtures and finishes throughout,' indicating high-end, new installations. The home boasts hardwood flooring, contemporary light fixtures, a high-efficiency HVAC system, and a comprehensive Control 4 home automation system. All components are new, meet current quality standards, and show no signs of deferred maintenance, perfectly aligning with the 'excellent' criteria for a newly built, high-end property.
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).
World-Class Panoramic Ocean Views: The property offers unparalleled whitewater views from Malibu to Catalina Island from nearly every room, a significant luxury differentiator.
New Construction & Award-Winning Design: Built in 2020 by a custom builder with award-winning architecture, ensuring modern aesthetics, high-end finishes, and meticulous craftsmanship.
Integrated Smart Home & Sustainable Technology: Features a solar power system with dual battery backup, a comprehensive Control 4 home automation system, and high-efficiency HVAC, appealing to tech-savvy and environmentally conscious buyers.
Extensive Luxury Amenities: Includes an ocean-view cold plunge and jacuzzi, infrared sauna, temperature-controlled wine display, 3-stop elevator, and a gourmet kitchen with top-of-the-line Thermador appliances.
Premium Corner Lot in Desirable Coastal Neighborhood: Located on a prime corner lot in a highly sought-after Manhattan Beach coastal neighborhood, offering exclusivity and strong location value.

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 = 2220, living area = 3450.
Significant Discrepancy with Market Estimation: The current list price of $7.999M is considerably above the property's estimated market value of $6.84M, potentially deterring buyers or requiring a price adjustment.
Smaller Interior Square Footage: At 3,450 sqft, the home offers less interior living space compared to recently sold and active comparable luxury properties in the immediate vicinity.
Limited Lot Size: The 2,220 sqft lot size is relatively compact for a property in this luxury segment, which might be a consideration for buyers seeking more expansive outdoor space.

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