1240 5th St, Manhattan Beach, CA 90266
FOR SALE0.34 ACRES
Listed by Nicholas Schneider, Compass, (310) 241-3038

1240 5th St
Manhattan Beach, CA 90266

  • 7 Beds
  • 8 Baths
  • 10,009 sqft (on 0.34 acres)
  • 7 Beds
  • 8 Baths
  • 10,009 sqft (on 0.34 acres)

$12,499,000

Est. Mortgage $79,018/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

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!

Home Highlights

Parking
4 Car Garage
Outdoor
Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
$1,249
Listed
20 days ago

Home Details for 1240 5th St

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Kitchen
Beds & Baths
Number of Bedrooms: 7Main Level Bedrooms: 1Number of Bathrooms: 8Number of Bathrooms (full): 7Number of Bathrooms (half): 1Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 10009 Square Feet
Appliances & Utilities
Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, RefrigeratorDishwasherLaundry: Laundry Closet,Laundry Room,Upper LevelRefrigerator
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: Den, Game Room, Living Room, Master Retreat, Outside, Fire PitSpa: Private, Heated, In GroundHas a FireplaceHas a Spa
Windows, Doors, Floors & Walls
Door: Double Door EntryFlooring: WoodCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: One, Three Or MoreEntry Location: 1Floors: Wood
View
Has a ViewView: See Remarks
Security
Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System, Smoke Detector(s)

Exterior Features

Exterior Home Features
Fencing: Excellent Condition, Privacy, FencedOther Structures: GazeboFoundation: BasementHas a Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Direct Access,Driveway,Oversized,See Remarks
Pool
Pool: Private, Heated, In GroundPool
Frontage
Road Frontage: Private RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 20

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: Turnkey, Updated/RemodeledParcel Number: 4167021045

Price & Status

Price
List Price: $12,499,000Price Per Sqft: $1,249

Active Status

MLS Status: Active

Location

Direction & Address
City: Manhattan Beach
School Information
High School District: Manhattan Unified

Agent Information

Listing Agent
Listing ID: SB24070858

Community

Community Features: CurbsNot Senior Community

HOA

Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 0.34 acres

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: SB24070858Attribution Contact: 310-809-4875

Additional Information

Curbs
Last check for updates: 1 day ago
Listing Provided by: Nicholas Schneider DRE #01867363, (310) 809-4875
Compass
Nathan Staggs DRE #02024795
Compass
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB24070858

Price History for 1240 5th St

DatePriceEventSource
04/10/2024$12,499,000Listed For SaleCRMLS #SB24070858
03/15/2017$7,200,000Sold
CLAW #17191248
02/07/2017$7,500,000PendingAgent Provided
01/09/2017$7,500,000Listed For SaleAgent Provided
10/05/2016$8,000,000ListingRemovedAgent Provided
04/27/2016$8,000,000Listed For SaleAgent Provided
09/23/2014$7,999,900ListingRemovedAgent Provided
04/10/2014$7,999,900Listed For SaleAgent Provided
12/20/2013$6,999,900ListingRemovedAgent Provided
08/16/2013$6,999,900Listed For SaleAgent Provided
05/31/2006$5,860,000Sold
N/A
04/14/1998$1,220,000Sold
N/A
11/24/1993$750,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$90,849
Assessment$8,031,734
Home facts updated by county records

Comparable Sales for 1240 5th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.42
Single-Family Home
$8,000,000
07/12/23
5
6
6,076
0.57
Single-Family Home
$10,500,000
05/16/23
5
8
5,725
0.33
Single-Family Home
$5,000,000
06/23/23
6
5
4,588
0.26
Single-Family Home
$3,800,000
12/08/23
4
5
4,180
0.53
Single-Family Home
$8,495,000
10/27/23
5
6
5,526
0.34
Single-Family Home
$3,520,914
05/22/23
5
5
4,477
0.65
Single-Family Home
$5,500,000
02/01/24
6
5
4,315
0.61
Single-Family Home
$5,250,000
04/12/24
5
6
4,623

What Locals Say about Manhattan Beach

  • Sprauer23
    "Great small town feel where everyone is friendly. Proximity to beach and stores makes this an ideal town to raise a family."
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  • Catharina Adams
    "Dog owners are friendly and there is 3 parks for them. They wouldn’t like that we don’t have a dog beach. Dogs are NOT welcome in MB beach’s at all. Ticket is high."
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  • Stephanie Parkes
    "Love, this is a very dog friendly town. Most people have dogs and the community is very much a dog loving community "
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  • Kim
    "ALL of the schools are terrific. The parks are lovely. The neighborhoods are filled with young families. The city has annual holiday family-fun festivals and events that everyone comes out for. The chip-trail is now lit at night for evening walks/run with your dog or to the restaurants for an evenings out with friends. It’s a great family friendly town."
    2
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  • Adrianna D.
    "That is pretty dog friendly there's a lot of parks and lot of other dogs That's what people with dogs like about this place this city "
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  • Jarrache
    "It’s a fairly standard LA commute. Manhattan Beach is convenient to West LA, Culver City and downtown. "
    1
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  • Jim Y.
    "safe, clean, local residents at beach, parking is a barrier for outsiders to come to town, great beach parks and recreation programs."
    1
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  • Mksa2010@gmail.com
    "One of the happiest places on earth. Breezy and sunny everyday. People are super nice. The schools are amazing. What more do we want?! "
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  • Gbierer71
    "Summer concerts, beach volleyball and great schools. Friendly and safe neighborhood. Lots of restaurants and parks"
    3
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  • Madison S.
    "A big population of people who live here own dogs and are dog (and pet) friendly. Sometimes they don’t pick up after their dogs which can be annoying at times."
    1
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  • Karin K.
    "Nothing. There is no grass . Please stay off my lawn. Lots of nasty smells on the strand too since the dogs pee all over the strand too. "
    1
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  • Daniel G.
    "Not many larger dog parks. There is only one dog park within walking distance of my house and it’s small and full of bark. No grass. "
    1
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  • Richard
    "Lived here for 5 years. Amazing neighborhood Great beaches, friendly people Awesome restaurants. Safe "
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  • Claudia B.
    "I feel safe here, the streets are clean and everything is accessible. With out dealing to drive too far."
    1
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  • Angelicajlee
    "The beach is our backyard. We are a real family oriented community. The city upkeeps the streets. It’s a beautiful place to live."
    1
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  • Kimberly A. S.
    "The Strand for walking your dog. No dog park near El Porto. Lots of dog spas close and specialty dog shops near the area. "
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  • Kimberly A. S.
    "El Porto is close quarters living at its best. The sound of the ocean and salt mist are always in the air and the weather is always fair. Your neighbors become like your second family and the beach is mere yards away. "
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  • Jesica
    "Beach events such as volleyball, tennis, farmers market, concerts and hometown fairs! all year round there are fun activities and events at the beach. "
    1
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  • Ccc3001
    "near a great beach, close to down town LA, clean and safe, summer volley ball tournaments, parks, great restaurants, shopping, golf, tennis and walking! "
    1
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  • Jason D.
    "its beginning a very pretentious neighborhood, full of fake people and elitists. my family has watched this community grow and become an excellent neighborhood, but the culture is lacking, and losing substance each year."
    6
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  • paulie
    "Manhattan Beach is a Great place to raise a family the entire school system is one of the best in all of la. "
    1
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  • Sarah.jeanne.bartholomew
    "Dance classes . Farmers markets. Yoga onthe beach. Dog parks . Hometown fair . Hometown runs . Composting classes "
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  • Richard
    "Beautiful beach community with friendly people and gorgeous beaches Good schools, restaurants and parks. Safe and well kept "
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  • JG
    "Extremely dog friendly everywhere but on the beach. Many people have dogs and there are lots of great places to go for walks."
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  • Mready
    "I drive 50-60 minutes to work and then again back home. I work 13 miles away from my work. But I would drive much further to ensure that I live in Manhattan Beach."
    1
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  • Jennifer
    "It’s the best place to grow up as well as the best place to return and start your adult life in. It is incredibly safe, the homes are ginormous while the owners are notoriously modest and humble, and I would love to raise my family here. "
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  • Joy K.
    "Very friendly neighborhood. Great school district! Close to everything and walk to shopping malls and restaurants."
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  • Gigileebradford
    "We have annual home town fair with many games and rides. They even have petting zoos. We also have a farmers market every Tuesday."
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  • Elaina j.
    "The beach is easily accessible and limited parking keeps the beach from getting overly crowded on the weekends. "
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  • Vguidilou
    "It’s a perfectly chic yet relaxed atmosphere with knockout views of the ocean. There is a place for every kind of person in this friendly town! "
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  • Gaisemberg
    "It’s has everything you need, good school, the beach, nice places where to go, shopping, restaurants, night life, it’s dog friendly, and much more."
    1
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  • Kim
    "Our block is like living in a small town. We’re all friends. We borrow everything from each other, we have dinner parties and bbq’s, we help each other on house projects. It’s so comfortable and fun living among so many truly good friends. :)"
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LGBTQ Local Legal Protections

Nicholas Schneider, Compass
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1240 5th St, Manhattan Beach, CA 90266 is a 7 bedroom, 8 bathroom, 10,009 sqft single-family home built in 2003. This property is currently available for sale and was listed by CRMLS on Apr 10, 2024. The MLS # for this home is MLS# SB24070858.