1240 5th Street, Manhattan Beach, CA 90266

$12,499,000 Asking Price

7 beds
8 baths
10,009  sqft
Built in 2003

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!

Features & Amenities

Interior

General:
2 Staircases
Laundry:
Closet Full Sized,Laundry Room
Flooring:
Wood
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
FP in Living Room,Den,Fire Pit,Game Room

Exterior

Other Structures:
Gazebo
Pool:
Below Ground,Private,Heated Pool
Parking:
Driveway,Oversized,See Remarks, Parking spaces: 4

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
MNRS, 4167021045
View:
Other/Remarks
Fencing:
Excellent Condition,Privacy

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Compass, Nicholas Schneider

About Manhattan Beach, CA

Housing

Number of Units
14,428
Median Home Value
$1,157,701
Median Rent
$2,025

33.71% of housing units are renter occupied.

8.17% are vacant.

Commute

Car
44.45%
Public Transportation
0.31%
Walk to Work
1.15%
Work from Home
53.08%
Other
0.84%

The median travel time to work is 16 minutes.

People

Population
34,837
Median Age
42.40
Median Household Size
2.81

Education

High School
5.89%
Associate’s Degree
3.98%
Bachelor’s Degree
41.96%
Graduate Degree
35.00%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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