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.
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.
There have been substantial investments made in development projects over the past few years that have solidly propelled the city into a new era that some businessmen and even professional writers are classifying as “trendy” and “cool.”
Nestled in Brentwood, 1007 Wellesley Avenue offers a private and elegant retreat. This contemporary farmhouse-style property surprises with a stunning Frank Gehry-inspired guest house and a secluded creek-side setting. The newly constructed family home features over 5,000 square feet of living space, including six bedrooms and an open-concept kitchen. With indoor-outdoor living areas, a pool, and lush landscaping, it’s perfect for entertaining.
Apollo Landing, a new dining destination set to open in El Segundo this fall, aims to enhance the culinary scene of the region. While the name pays homage to the area’s rich aerospace history, the focus is on mouthwatering offerings.
El Segundo, the captivating coastal town, is the backdrop for De Bilt’s latest masterpiece, 425 West Oak Avenue, a property that exemplifies the talented couple, Dominique Lobjois and Gustave Stroes’ passion for harmony, comfort, and balance.
The Idea Factory is Propeller Properties’ fourth project in El Segundo, with tenants including Skyscraper Productions, Crafty Apes, and Juhll. Brett Drogmund, a key figure behind the project, envisioned it as an opportunity for companies to collaborate and make a creative impact.
We’re not ones to speculate on where prices go from here, but like everyone interested in the housing market, it’s sure going to be interesting in the next 12 months. Plus a host of events to attend for Summer 2017
Long ago, the vast farmstead Rancho Sausal Redondo (Round Willow Ranch) encompassed El Segundo and most of what is known today as the South Bay. An homage to history, Sausal (the old Spanish word for willow), has taken on new meaning in El Segundo’s dining scene.