Record Sale on The Strand: Most Sought-After Location Fetches $24.5 Million

The real estate landscape in Manhattan Beach has been redefined with the recent sale of 1800 The Strand, which closed at a remarkable $24.5 million. This sale marks the highest public-market transaction since Fall 2021 and surpasses the previous record for Strand properties by more than $5 million.

The property, an artfully designed corner-lot home, boasts 5 bedrooms, 6 bathrooms, and 5,329 square feet of luxurious living space. Its prime location adjacent to one of the town’s most coveted walk streets further elevates its value.

This new record-setting sale eclipses the prior top Strand sale of $19.2 million for 508 The Strand and also outpaces the highest single-home sale in Manhattan Beach, which was $20 million for a residence at 814 Pacific Avenue, by $4.5 million.

In a notably subdued market year, with only three sales on The Strand—including a $14 million lot sale—this transaction underscores the enduring appeal and high value of Bayside properties.

Leverage Global Partners is proud to represent such high-profile sales and continues to play a leading role in setting new standards in luxury real estate.