tomo logo

$12,500,000

Beds
3
Baths
4.5
sq ft
3,592

4320 The Strand, Manhattan Beach, CA 90266

4320 The Strand

Manhattan Beach, CA 90266

  • 10 days on market
    • Price drop $112,500,000↓
In dreaming, designing, and executing this truly irreplaceable 5-story oceanfront property by Michael Lee Architects, all elements have been expertly woven together into the ultimate representation of absolute perfection. Earth, air, fire and water stand in a visionary blend of architecture, function, and timeless presence forever making a unique statement along one of the most sought after stretches of coastline in the world. The facade is bold and beautiful, dressed in durable micro-layered Richlite wood and R100 privacy glass, then subtly trimmed in steel. Sitting proudly overlooking expansive views of the horizon which stretch from Palos Verdes and Catalina to the Malibu coastline. Watch endless world-class surf in El Porto from one of the very best vantage points in all of Manhattan Beach - the private, open concept living room perched high above the Strand. Walls of floor-to-ceiling glass capture the shifting moods of the ocean presenting a different backdrop almost hourly. Open the room-height German-made Schüco 77 sliding doors to welcome the ocean air and expand the living area onto the deck beyond, where you can enjoy dramatic sunsets while soaking in your solid copper spa! The modern kitchen is outfitted with a full suite of premium appliance brands: Gaggenau, SubZero and Meile. Pantry shelving and appliance storage options are expertly designed right into the sleek cabinetry custom made by Design Support Woodworking. A 3-sided glass Ortal fireplace expands views of the ocean while seated at the custom built-in dining table. The master suite showcases front-and center views, blackout curtains, and switch glass in the master bath. Dramatic and discreet up and downlighting is used extensively throughout. This custom home holds numerous surprises, such as a media room with nearly 20 foot ceilings, a 2-story green wall and koi pond, top of the line Crestron automation, a four-stop, Italian-made glass and steel elevator from Elevator Boutique, 6 zone HVAC, full interior walk-in surf shower, a car lift-ready garage, a whole house water filtration + three 17 stage reverse osmosis systems, and radiant heat on all 5 floors, as well as both the master balcony and the top floor balcony decks. An innovative home office features a custom sit-stand desk with a large glass black board. Guests benefit from plenty of bonus parking nearby. Walk down the steps from the Strand onto the beach and straight out to some of the best surf in Southern California!

Details

Property type

Single Family Residence

Est. home value

$10,281,180

Lot size

1,558 sq ft

Price per sq ft

$3,480

Year built

2019

HOA

No

Price History

01/11/2025
CRMLS

CRMLS #SB25006940

Listed
$12,500,000
+16.23%
03/25/2022
CRMLS

CRMLS #SB22024203

Sold
$10,755,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Manhattan Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$3,964,355
Asking price
$12,500,000
Closing costs (~8% of asking)
-$1,000,000
Est. remaining loan balance
-$7,535,645
Cash to seller
$3,964,355

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

June 2022

Original loan amount

$8,600,000

Est. remaining balance

$7,535,645

Interest rate

4.48%

Loan type

New Conventional, 15 year

Seller

Shannon E Wong and Shannon E Wong Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/21/2025 at 5:50 AM

Listing updated: 01/13/2025 at 7:45 PM

Listed by: Bryn Stroyke, Bayside Phone #: (310) 545-9595

MLS: CRMLS #SB25006940

CRMLS logo

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