
A colleague friend of mine is going to list a property on a "Walk Street" in the next couple of weeks. It will list in the neighborhood of about $5MM. It's about 4500 square feet--a little less than twice the size of the lot.
If you're not familiar with Manhattan and Hermosa Beach Walk Streets, I'm sure that you're having a tough time imaging why anyone would pay that kind of money for a house with a couple of nice decks, but no yard.
It's pretty simple when you come down to it. The Walk Streets are all within 3 or 4 blocks of the water. The closer to the water, the more desirable the property. In reality, the beach itself becomes your yard.
When my husband and I were first married we lived on a Walk Street north of the Manhattan Beach pier. Actually, we were one house up from the Strand. We had a deck, but we rarely used it. We'd take a glass of wine (Shh...don't tell!) down to the Strand to watch the sunsets or walk along the water most late evenings in the summer. Weekend mornings meant coffee on the Strand or the sand. If you like to swim, surf, run or ride bikes or just enjoy the beauty of the ocean, it's the perfect location.
Then, of course, there's the view potential. The Walk Streets north of the pier have the best view potential because they're on hills. The Walk Streets south of the pier are flat, which doesn't eliminate the view potential, but does limit it a bit.
The southern Walk Streets are wonderful neighborhoods, where everyone knows one another and the kids play in the front: lots of block parties and old fashioned "neighborliness." The Walk Streets north of the pier are more private, but the fact that all the homes on the Walk Streets open to a common area with no cars creates a special feeling.
And then there's the proximity to the downtown area. Stumble down the block to breakfast at Uncle Bill's, walk to dinner at Rock 'N Fish, Mucho or Mangiamo. If you stay too late at Ercole's, you can stop at the Kettle before you WALK home. It's just the best!
If you're not familiar with Manhattan and Hermosa Beach Walk Streets, I'm sure that you're having a tough time imaging why anyone would pay that kind of money for a house with a couple of nice decks, but no yard.
It's pretty simple when you come down to it. The Walk Streets are all within 3 or 4 blocks of the water. The closer to the water, the more desirable the property. In reality, the beach itself becomes your yard.
When my husband and I were first married we lived on a Walk Street north of the Manhattan Beach pier. Actually, we were one house up from the Strand. We had a deck, but we rarely used it. We'd take a glass of wine (Shh...don't tell!) down to the Strand to watch the sunsets or walk along the water most late evenings in the summer. Weekend mornings meant coffee on the Strand or the sand. If you like to swim, surf, run or ride bikes or just enjoy the beauty of the ocean, it's the perfect location.
Then, of course, there's the view potential. The Walk Streets north of the pier have the best view potential because they're on hills. The Walk Streets south of the pier are flat, which doesn't eliminate the view potential, but does limit it a bit.
The southern Walk Streets are wonderful neighborhoods, where everyone knows one another and the kids play in the front: lots of block parties and old fashioned "neighborliness." The Walk Streets north of the pier are more private, but the fact that all the homes on the Walk Streets open to a common area with no cars creates a special feeling.
And then there's the proximity to the downtown area. Stumble down the block to breakfast at Uncle Bill's, walk to dinner at Rock 'N Fish, Mucho or Mangiamo. If you stay too late at Ercole's, you can stop at the Kettle before you WALK home. It's just the best!
