What a week....
The stock market roller coaster may just make housing look good again as a long term investment. At least if the price drops on a home in Manhattan Beach you can be fairly confident it will go up again in the future. However if you had a lot of WAMU or Bear Sterns stock you lost everything as those stocks and others like them are gone.
A lot of people like to make fun of the South Bay-Beach Cities real estate market but over the long haul homeowners who have made a long term investment in real estate have done well. We have our ups and downs but long term is the key to making money on real estate.
511 Dianthus in the Manhattan Beach Hill Section offers a good choice for buyers who are deciding to follow a more conservative path. This lovely home has over 1900 sq ft, 3 bedrooms, 2 baths, large dining area, delightful family area and a great entertainment room with space to spare for the big TV and a view that doesn't stop. The serene rear garden and soothing sounds of the waterfall bring a sense of calm after a busy day. A new price makes this home worthy of consideration.... $1.269,000.
If you are not quite ready to make a formal appointment but would like to see this house why not visit me Sunday 1-4 p.m. to view this Manhattan Beach Hill section home.
Remember....Great views....nice home... good price! See you Sunday!