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Sold for $10,300,000
    • Listed by: Compass • Nicholas Schneider • Contact: 310-809-4875
    Bought with: Compass
    $10,300,000

    1240 5th St, Manhattan Beach, CA 90266

    7beds
    10,009sqft
    Single Family Residence
    Built in 2003
    0.34 Acres Lot
    $11,024,400 Zestimate®
    $1,029/sqft
    $7,467 Estimated rent

    Home value

    $11,024,400

    $9.81M - $12.46M

    $7,467/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Schneider DRE #01867363 310-809-4875,

    Compass,

    Nathan Staggs DRE #02024795,

    Compass

    Bought with:

    Nicholas Schneider, DRE #01867363

    Compass

    Nathan Staggs, DRE #02024795

    Compass

    Source: CRMLS,MLS#: SB24070858MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Rooms
    • Room types: Bonus Room, Bedroom, Basement, Entry/Foyer, Exercise Room, Family Room, Foyer, Game Room, Guest Quarters, Kitchen, Laundry, Living Room, Primary Bedroom, Media Room, Office, Pantry, Retreat, Utility Room, Wine Cellar, Dining Room
    Other
    • Features: Dressing Area
    Kitchen
    • Features: Built-in Trash/Recycling, Kitchen Island, Kitchen/Family Room Combo, Self-closing Drawers, Utility Sink, Walk-In Pantry
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Refrigerator, Dryer, Washer
    • Laundry: Laundry Closet, Laundry Room, Upper Level
    Features
    • Breakfast Area, Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, Multiple Staircases, Open Floorplan, Bedroom on Main Level, Dressing Area, Entrance Foyer, Primary Suite, Utility Room, Walk-In Pantry, Wine Cellar
    • Flooring: Wood
    • Doors: Double Door Entry
    • Has basement: Yes
    • Has fireplace: Yes
    • Fireplace features: Den, Living Room, Primary Bedroom, Outside, Recreation Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 10,009 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Direct Access, Driveway, Garage, Oversized, See Remarks
    • Attached garage spaces: 4
    Features
    • Levels: One,Three Or More
    • Stories: 1
    • Entry location: 1
    • Exterior features: Fire Pit
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Private
    • Has spa: Yes
    • Spa features: Heated, In Ground, Private
    • Fencing: Excellent Condition,Privacy
    • Has view: Yes
    Lot
    • Size: 0.34 Acres
    • Features: 0-1 Unit/Acre, Landscaped
    Details
    • Additional structures: Gazebo
    • Parcel number: 4167021045
    • Zoning: MNRS
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    • Security: Security System, Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector(s)
    Location
    • Region: Manhattan Beach

    Financial & listing details

    • Price per square foot: $1,029/sqft
    • Tax assessed value: $10,506,000
    • Date on market: 4/10/2024
    • Cumulative days on market: 158 days
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    10/16/2024Sold$10,300,000-8.8%$1,029/sqft
    Source: CRMLS #SB24070858 Report a problem
    9/17/2024Pending sale$11,299,000$1,129/sqft
    Source: CRMLS #SB24070858 Report a problem
    5/17/2024Price change$11,299,000-9.6%$1,129/sqft
    Source: CRMLS #SB24070858 Report a problem
    4/10/2024Listed for sale$12,499,000+73.6%$1,249/sqft
    Source: CRMLS #SB24070858 Report a problem
    3/15/2017Sold$7,200,000-4%$719/sqft
    Source: CLAW #17191248 Report a problem
    2/7/2017Pending sale$7,500,000$749/sqft
    Source: The Agency #17191248 Report a problem
    1/9/2017Listed for sale$7,500,000-6.3%$749/sqft
    Source: The Agency #17191248 Report a problem
    10/5/2016Listing removed$8,000,000$799/sqft
    Source: The Agency #16119162 Report a problem
    4/27/2016Listed for sale$8,000,000+0%$799/sqft
    Source: The Agency #16119162 Report a problem
    9/23/2014Listing removed$7,999,900$799/sqft
    Source: Shorewood Realtors #SB14071909 Report a problem
    4/10/2014Listed for sale$7,999,900+14.3%$799/sqft
    Source: Shorewood Realtors, Inc. #SB14071909 Report a problem
    12/20/2013Listing removed$6,999,900$699/sqft
    Source: RAJU CHHABRIA #271306265 Report a problem
    8/16/2013Listed for sale$6,999,900+19.5%$699/sqft
    Source: Shorewood Realtors Report a problem
    5/31/2006Sold$5,860,000+380.3%$585/sqft
    Source: Agent Provided Report a problem
    4/14/1998Sold$1,220,000+62.7%$122/sqft
    Source: Public Record Report a problem
    11/24/1993Sold$750,000$75/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $10,506,000 +2%
    2025$116,157 +24.4%$10,300,000 +25.7%
    2024$93,380 +2.8%$8,192,368 +2%
    2023$90,849 +1.8%$8,031,734 +2%
    2022$89,266 +1.8%$7,874,250 +2%
    2021$87,681 +0.9%$7,719,854 +1%
    2020$86,868 $7,640,697 +2%
    2019$86,868 +3.9%$7,490,880 +2%
    2018$83,577 $7,344,000 +6.4%
    2017$83,577 +7.2%$6,900,130 +2%
    2016$77,988 +4.5%$6,764,834 +4.1%
    2015$74,619 +4.1%$6,500,000
    2014$71,647 $6,500,000 +26.7%
    2012-- $5,130,200
    2011-- $5,130,200
    2010-- $5,130,200 -12.4%
    2009-- $5,855,300 -4%
    2008-- $6,096,744 +2%
    2007-- $5,977,200 +161.6%
    2006-- $2,284,678
    2005-- $2,284,678 +4%
    2004-- $2,195,964 +12.7%
    2003-- $1,948,585 +47.8%
    2002-- $1,318,660 +4%
    2000-- $1,267,457
    Find assessor info on the county website

    Neighborhood: 90266

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    Estimated market value
    $11,024,400
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    Estimated market value
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