See Home Value
$17,100,000 - $20,900,000
House - Off Market

500 N Poinsettia Avenue

Manhattan Beach, CA 90266
bedrooms
5 Beds
bathrooms
8 Baths, 2 Half Baths
square feet
8389 Sqft
Sold Sep 27, 2006
Transfer

About This Property

Take this opportunity to preview a one-of-a-kind custom-built home in the Hill section of Manhattan Beach. Its vantage point sitting atop a "T" street with a 75ft (approx.) wide frontage and oversized lot affords this home breathtaking 180-degree views from Palos Verdes Peninsula to Malibu. Exquisite details abound in this elegant French-styled tri-level home, featuring imported materials and fine finishes that add an element of luxury and sophistication.

The first level includes a billiards room with a coffered ceiling, wet bar, three TV's, and a built-in humidor cabinet with a lighted cigar display. This level also includes a wine cellar with tasting room, a home theater, a guest bedroom, and access to a large garage that can accommodate up to 8 cars with an automated vehicle turntable for ease of parking. The garage has floor-to-ceiling cabinetry, a storage room and a workbench area.

The next level encompasses the main floor with a formal entry, a grand spiral staircase and four bedrooms. The primary suite offers a split-level space with adjoining sitting room, two fireplaces, separate walk-in closets and a private outdoor terrace with a water fountain and gym room. This level also includes a laundry room, a computer alcove, and a family room that opens up to an outdoor pool deck surrounded by lush greenery with a heated, salt-water pool and fountain feature, a spa, outdoor shower, basketball half-court and outdoor fireplace.

The upper floor of the home with beautifully drawn light throughout showcases grand-scale living spaces including the formal living room and upper family room, two fireplaces and outdoor decks with sensational sunset views of the ocean. This level also includes an office/bedroom, dining room, a chef's kitchen equipped with an imported La Cornue French gas range, top-of-the-line appliances, and a butler's pantry.  French doors open up to an outdoor covered lanai overlooking the backyard pool area below with a fireplace, TV, built-in BBQ and ample room for seating.

This home's location is outstanding, just minutes from the ocean and Manhattan Beach pier. Enjoy shopping, bustling boutiques, epicurean delights and casual and fine dining in downtown Manhattan Beach. For fitness enthusiasts, a nearby greenbelt and The Strand beach path allows for biking, jogging, or walking. Close proximity to LAX airport also provides convenience for those that love to travel.

The manager has listed the unit size as 8389 square feet.
Unit Size
8,389Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$2,265
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2009

Price History

Date / Event Date Event Price
Dec 8, 2023 No longer available -
No longer available
May 5, 2023 Price Decreased $19,000,000
↓ $3M (13.6%)
Price Decreased
Aug 12, 2022 Listed $22,000,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,128
  • Total Building Area: 8,389
  • Building Area: 8,389
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 8,389
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 142
  • Land Acres: 0.233
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=142*W 5 FT OF LOTS 7,8,9 AND ALL OF LOTS 22,23 AND LOT/SEC 24 BLK/DIV/TWN 23

Ownership

  • Current Owner : FREY JOHN C
  • Current Owner 2: FREY KRISTI V
  • Previous Owner : MELLMAN KIM M
  • Previous Owner 2: MELLMAN MD MICHAEL F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Manhattan Beach Unified School District
  • Census Tract: 620901

Zoning

  • Zoning: MNRS

Geography

  • Assessors Map Reference: 62-C4
  • Subdivision Tract Number: 142
  • Parcel: 4169-007-048
  • Block: 23
  • Lot: 7-ALL
  • Municipality: SOUTH /MANH. BEACH SFR
  • Latitude: 33.882
  • Longitude: -118.4

    Address

  • Full Address: 500 N Poinsettia Ave
  • Address - House Number: 500
  • Street Direction: N
  • Address - Street Name: Poinsettia
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Manhattan Beach
  • Carrier Code: C019
  • 4-Digit Zip Code: 6640
  • Zip Code: 90266

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $88,167
  • Tax Rate Code Area: 06-174

    Appraisal Valuation

  • Standard Deviation: 0.227
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 68
  • Final Value: 3,877,720
  • High Value: 4,758,345
  • Low Value: 2,997,094

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,742,089
  • Assessed Land Value: $4,984,937
  • Assessed Improvements Value: $2,757,152

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 06, 2006
  • Current Sale Recording Date: Sep 27, 2006
  • Current Sale Transaction ID: 1033421801
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-2146745

    Last Sale Mortgage

  • First Mortgage Lender: UNION BANK OF CALIFORNIA NA
  • First Mortgage Transaction Date: Sep 27, 2006
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hill Section


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Nearby Rentals

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Unit for rent at 473 36th Place Ave, Manhattan Beach, CA, 90266

$7,500 /mo

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473 36th Place Ave, Manhattan Beach, CA, 90266 Listing by Mitch Hagerman
Unit for rent at 566 30th Street, Manhattan Beach, CA, 90266

$8,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,586 ft²
566 30th Street, Manhattan Beach, CA, 90266 Listing by Barret Pulver


Frequently Asked Questions

When was property at 500 North Poinsettia Avenue built and last sold?
The property at 500 North Poinsettia Avenue was built in 2009 and last sold on Jul 6, 2006 for $0.
How much is this home worth?
The estimated value of the home located at 500 North Poinsettia Avenue is $19,190,000.
What are some comparable homes to 500 North Poinsettia Avenue?
There are currently no comparable homes to 500 North Poinsettia Avenue.

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