Shorewood Realtors Listing By Ed Kaminsky listed at $1,549,000.

This is a single family home! On an over sized half lot (33X57)!
Its 3,100 sft of living space with views!  I know that it is on the corner of Highland Ave. but I believe strongly at this price location has been discounted in.  The property has been listed for over a year! Originally listed at $2,279,000, which was wishful thinking or a delay tactic of some sort but now at the current price, this property is ripe for the picking.
CALL ME if you want to see it.

In this location there has been A LOT progress with nice shops and a huge improvement in restaurants!

CLICK HERE TO SEE FLYER

UPDATE: THIS HOUSE SOLD A WEEK AFTER THIS POST.  I am just saying…

Last entry talked about the sales at 523 14th st. and 401 2nd st. Manhattan Beach (CLICK HERE TO READ)

I found out today that both sold with at least 3 offers and went well over the asking price!

They sales have not closed so the prices won’t be made official for a while but if theses buyers stay in the prices will be well above the asking price.

These weren’t the biggest sales ever…but they were both listed over $3,000,000! $3,395,000 and $3,999,000 to be exact and the both sold in less then 9 days!  The properties I am referring to are 523 14th St. (Listed by South Bay Brokers: Jack Gillespie & June Emerson) and 401 2nd St. (Listed by South Bay Brokers: Gio Altamura).

Both homes have lots of similarities.  They are both only a few years old, they both sold close to or more than what they bought them for in the past 5 years, and they both sold very quickly for fairly high prices in this market.  To clarify I am not saying these buyers over paid, but what I am saying is there haven’t been a lot of $3 million -$4 million sales in either neighborhood.  More specifically for 2nd St. we have to assume it got close to list price which is basically a $4 million sale of a house with no view.

***This just in!!  14th st. went over the asking price, which means this owner (assuming the sale sticks) will have made money on the sale after buying in 2009.  Probably over 10% appreciation!***

523 14th st. History:
Built in 2009, sold on 9/11/09 for $3,100,000

401 2nd St. history:
Built in 2006, Sold in 2007 $3,930,000

MLS DETAILS FOR BOTH PROPERTIES