NOT LISTED FOR SALE

705 Crest Dr Manhattan Beach, CA 90266

Estimated Value: $4,482,281 - $6,457,000

5 Beds
4.5 Baths
2,407 Sq Ft
$2,325/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $3,870,000 $1,608 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $33,394/month

62 Days on Market

Highlights

  • Ocean View
  • New Construction
  • Ocean Side of Highway 1
  • Opal Robinson Elementary School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of August 2020

New Stunning Coastal Modern Beach Home with DELUXE quality high-end finishes throughout, A+ location, ocean views, and a 3-stop elevator. This superior quality craftsmanship home far exceeds what you normally see in new construction. It is a must-see! This is a beach lover's dream with close proximity to the beach, strand, bike path, downtown Manhattan Beach shops & restaurants. The large, sunny great room has an ocean view, Calcutta stone fireplace with surrounding built-in glass shelves, pre-wired for surround sound, and 2 sets of La Cantina stacking glass doors opening to a spacious ocean view deck that creates a feeling of indoor/outdoor living. There’s also a 36” built-in BBQ with concrete wood finish and the cedarwood ceiling has 2 built-in heat lamps. The amazing gourmet cook’s kitchen has an ocean view, Wolf double oven, Wolf 5-burner cooktop, Bosch dishwasher, large 54” Sub-Zero refrigerator/freezer, walk-in pantry, 24” Wine tower Sub-Zero fridge, & large Calcutta stone center island with bar seating. The master suite has stacked basket weave cedar ceiling, custom ceiling fan, and walk-in closet with custom built-ins & light up poles. The beautiful master bath has a large 52-inch Japanese soaking tub & separate dual head shower with rain shower head, volcanic basalt stone tile floor, and a floating cabinet with Calcutta stone countertop. Renowned master-builder Zivec & Corbett Development, Inc., Louie Tomaro Architect, & Paul Esperanza Designer.

Last Agent to Sell the Property

Robert Lane

Vista Sotheby’s International Realty License #00768020 Listed on: 05/26/2020

Vista Sotheby’s International Realty

Last Buyer's Agent

Tony Liakos

Beach City Brokers License #01954053

Beach City Brokers

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1,771 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Stucco Fence
  • Drip System Landscaping
  • Rectangular Lot
  • Front and Back Yard Sprinklers
  • Wooded Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned MNRM

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Home Design

  • Modern Architecture
  • Turnkey
  • Brick Exterior Construction
  • Slab Foundation
  • Rolled or Hot Mop Roof
  • Plaster

Interior Spaces

  • 2,407 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Central Vacuum
  • Wired For Sound
  • Wired For Data
  • Beamed Ceilings
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Shutters
  • Wood Frame Window
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Entryway
  • Great Room with Fireplace
  • Storage
  • Ocean Views
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Soaking Tub
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Deck
  • Wrap Around Porch
  • Patio
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Schools

  • Robinson Elementary School
  • Manhattan Beach Middle School
  • Mira Costa High School

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • 220 Volts in Garage
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 87
  • Tax Tract Number 6174
  • Assessor Parcel Number 4180002030

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: MNRM
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4180002030
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2407.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Ceiling Fan(s), Elevator, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Sump Pump, Tray Ceiling(s), Vacuum Central, Wired for Data, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Gas, Great Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1607.81
  • Room Type: Entry, Great Room, Kitchen, Laundry, Master Suite, Multi-Level Bedroom, Walk-In Closet, Walk-In Pantry
  • Window Features: Casement Windows, Double Pane Windows, Screens, Shutters, Wood Frames
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Pots & Pan Drawers, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Ocean, Water
  • Fence: Yes
  • Fencing: Stucco Wall, Wood
  • Patio And Porch Features: Covered, Deck, Patio, Tile, Wrap Around
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Brick Veneer, Plaster

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage - Single Door, Garage Door Opener, On Site, Private, Side by Side
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Double Oven, Electric Oven, Freezer, Gas Cooktop, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Electric: 220 Volts in Garage, Electricity - On Property, Standard
  • Heating Type: Zoned, Forced Air, Electric, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned, Electric, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Street Lights

Schools

  • Elementary School: Robinson
  • High School: Mira Costa
  • Middle Or Junior School: Manhattan Beach
  • Elementary School #2: ROBINS
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Rectangular Lot, Near Public Transit, Park Nearby, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Treed Lot, Yard
  • Lot Size Sq Ft: 1771.00
  • Lot Size Acres: 0.0407

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1771.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 87
  • Tax Census Tract: 6209.04
  • Tax Lot: 5
  • Tax Tract Number: 6174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Aug 4, 2020
Sold by
Zivec & Corbett Development Inc
Bought by
Urata Charles A and Urata Kelly K
Seller's Agent
Robert Lane
Vista Sotheby’s International Realty
Buyer's Agent
Tony Liakos
Beach City Brokers
List Price
$4,295,000
Sold Price
$3,870,000
Premium/Discount to List
-$425,000
-9.9%
Current Estimated Value
$5,595,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,725,820
Avg. Annual Appreciation
7.15%
Original Mortgage
$1,860,000
Outstanding Balance
$1,643,112
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$3,952,708

Purchase Details

Listed on
Apr 25, 2017
Closed on
Apr 4, 2017
Sold by
Grace James F
Bought by
Zivec & Corbett Development Inc
Seller's Agent
Robert Lane
Vista Sotheby’s International Realty
Buyer's Agent
Robert Lane
Vista Sotheby’s International Realty
List Price
$1,650,000
Sold Price
$1,575,000
Premium/Discount to List
-$75,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.89%

Purchase Details

Closed on
Oct 3, 2006
Sold by
Grace James F and Grace Diane P
Bought by
Grace James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2002
Sold by
Grace James and Grace Diane
Bought by
Grace James F

Purchase Details

Closed on
Aug 2, 2000
Sold by
Pursuit Craig and Pursuit Carol
Bought by
Grace James F

Purchase Details

Closed on
Jul 31, 2000
Sold by
Flax Valerie and Flax Joseph
Bought by
Grace James F

Purchase Details

Closed on
Jul 22, 2000
Sold by
Pursuit Craig B and Pursuit Dan G
Bought by
Grace Diane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Urata Charles A $3,870,000 Usa National Title Co
Zivec & Corbett Development Inc $1,575,000 Usa National Title Company
Grace James F -- United Title Company
Grace James F -- United Title Company
Grace James F -- --
Grace James F -- --
Grace James F -- --
Grace Diane -- --
Pursuit Craig -- --
Flax Valerie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urata Charles A $1,860,000
Previous Owner Grace James F $219,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2020 08/27/20 Sold $3,870,000 -3.2% $1,608 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/14/2020 07/14/20 Price Changed $3,999,000 -6.9% $1,661 / Sq Ft
05/26/2020 05/26/20 For Sale $4,295,000 +172.7% $1,784 / Sq Ft
04/25/2017 04/25/17 Sold $1,575,000 -4.5% $803 / Sq Ft View Prior Sale
04/25/2017 04/25/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $1,650,000 -- $841 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $48,894 $4,404,013 $3,448,926 $955,087
2024 $48,894 $4,317,660 $3,381,300 $936,360
2023 $47,679 $4,233,000 $3,315,000 $918,000
2022 $46,810 $4,150,000 $3,250,000 $900,000
2021 $43,727 $3,870,000 $3,012,000 $858,000
2020 $19,237 $1,671,402 $1,660,790 $10,612
2019 $18,896 $1,638,630 $1,628,226 $10,404
2018 $18,523 $1,606,500 $1,596,300 $10,200
2016 $4,631 $396,237 $276,422 $119,815
2015 $4,538 $390,286 $272,270 $118,016
2014 $4,484 $382,642 $266,937 $115,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20098855

California Regional Multiple Listing Service (CRMLS)

APN: 4180-002-030