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324 17th
About This Property
Recently enhanced through approximately $650,000 in renovations and improvements, the home combines timeless modern architecture with a fresh, sophisticated living environment. Clean lines, abundant natural light, and thoughtful indoor-outdoor connections define the residence throughout.
The upper level serves as the centerpiece of the home, featuring expansive living and dining areas, an open kitchen, soaring ceilings, and ocean views that create an ideal setting for everyday living and entertaining. A front-facing view deck captures sweeping vistas, while a protected terrace with fireplace beneath a trellis extends the living experience outdoors. Beyond the terrace, a separate office or studio provides exceptional flexibility for remote work, creative space, fitness, or additional entertaining.
The home offers four bedrooms, four-and-one-half baths, elevator access to all levels, generous storage, an oversized garage, and additional off-street parking. Quality finishes and the architectural integrity of Michael Lee's design create a residence that is both functional and visually compelling.
Situated near the end of a quiet cul-de-sac alley with minimal through traffic, the property enjoys an uncommon sense of privacy and tranquility while remaining just a short walk from downtown Manhattan Beach's restaurants, shops, and amenities. Live Oak Park, playgrounds, green space, and recreational facilities are only steps away, further enhancing the property's exceptional lifestyle appeal.
At a price point where buyers are often evaluating half-lot properties with substantially less square footage, 324 17th Street offers approximately 3,600 square feet on a full walkstreet lot with strong ocean views, acclaimed architecture, approximately $650,000 in recent improvements, steps-away proximity to Live Oak Park, and walkability to both downtown Manhattan Beach and the beach. A rare opportunity to acquire a compelling combination of scale, architecture, location, lifestyle, and value within one of Manhattan Beach's most desirable neighborhoods.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2026 | Sold | ||
| Sold | |||
| Jun 28, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Listed by Bayside | $7,500,000 | |
| Listed by Bayside | |||
| Sep 1, 2017 | Sold | ||
| Sold | |||
| Jun 8, 2017 | Listed by Strand Hill Christie's Int'l | $4,950,000 | |
| Listed by Strand Hill Christie's Int'l | |||
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Michael Lee designed modern walk street home ideally located within an easy two block walk of the beach and the shops & restaurants in downtown Manhattan Beach. Big ocean views throughout the top floor. This house offers tremendous flexibility with three (3) areas offering the always popular indoor/outdoor living space connection. Ground floor Rec Room connects to walk street patio and inviting yard through 9' tall sliding Fleetwood Doors. The upper level has both a Family Room and a large Bonus Room (Home Office, Art Studio, Gym....??) that open to large sunbathed decks (one with an outdoor wood burning fireplace). Distinctive design elements throughout. A floating tread stairway leads to the top level that is highlighted by 11' ceilings with clerestory glass. Three stop elevator, Partial AC. Top quality appliances Wolf, Sub Zero etc.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017