2401 John st. Manhattan Beach is one of the last of the New construction home to come to market.  This is a brand new listing and a brand new house is a very good location.  After this house and about 3 or 4 others coming out of the ground there will be no more new construction homes in the trees for a couple years, at least as for as spec homes are concerned.

2401 John st Listed by South Bay Brokers Judy D’angelo
$2,499,000

This is a standard size Tree section house, nicely finished by Ken Johnson Development.
The house is 5 bedrooms 4.5 Baths and about 3,500 sft. it sits on a lot that is 5,080 with the Back yard facing west so you have the sun in the back in the afternoon which is nice.

The price does seem a little high for what it is.  The tree section has been hit the hardest as of this year because of a lot of new construction houses that could not sell and ended up going back to the bank or short selling.  This builder seems to be perfectly stable financially but he may be holding on to the this one for a little while based on comps.