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The local real estate market has been rocking the past couple of years, and 2017 was no exception. Manhattan Beach continues to lead the charge and closed the year with a new record average sales price of $3,080,193.

Ideally located at 1409 Via Arco, this welcoming family compound gleams in the Southern California sunshine. Blissfully perched atop Palos Verdes Estates, its homeowners relish bountiful views of the Queen’s Necklace, Santa Monica Mountains and as far west as the Channel Islands.


Crafted in 2005 by notable South Bay high-end custom builders Mike Zivec and Rick Farnham, the three-level home features more than 3,000 square feet of finely-honed living space highlighted by vaulted beamed ceilings, custom stonework, designer lighting, and rich, wide-plank hardwood flooring throughout.

Over 4,200 square feet and spanning four bedrooms and four-and-a-half baths, the property was created by Jay Refold and is a project that represents a homecoming of sorts.

For the $3.225 million in bitcoins, the buyer of the East Manhattan Beach property will get a five-bedroom, 4,562-square-foot modern farmhouse-style home at 1400 21st Street, which was listed by South Bay agents Mike Michalski and Sachi Fujita of Re/Max Estate Properties.

From quality materials and craftsmanship to five-star amenities, like a 10-car garage, pool, roof deck, elevator, front and back staircase, and service entrance, this eight-bedroom and 11-bath house easily tips over the line from outright beautiful to downright breathtaking.


