Market Intelligence Reports | May 2018 Edition

Be in the know.

Dear buyers, sellers, and anyone remotely interested in Real Estate,

We’ve got a secret for you. The better you understand your local market, the savvier a real estate investor you will be. We’re stating the obvious, but it takes time and energy to do the research. Luckily, we’ve made it very easy for you to stay up to date with our monthly Market Intelligence Reports! Westside, South Bay, and Palos Verdes each have their own report and highlight the communities within. Please enjoy and continue to edify your real estate market knowledge!

Palos Verdes Report

South Bay Report

Westside Report

No Place You’d Rather Be

Sandy feet, sun-kissed noses and the distant rustling of white water.

There is something undoubtedly calming about walking down The Strand, the scenic walking and biking path which connects Manhattan and Hermosa Beach along beachfront real estate. The Manhattan Beach represents all that we love about Southern California living: simplicity, ease, and distinct style. The rumors are true, life slows down at the beach, which is why people are always vying for their own place to call home in the notable, luxurious and well-established Manhattan Beach Sand Section.

During the Second Quarter of 2017, a total of 28 homes in Manhattan Beach Sand Section sold on the market. The average sold price was $4,078,800*. The highest sale closed at $21,000,000 and sits on The Strand itself.

We’ve hand-selected two homes currently For Sale that you absolutely MUST see before they are gone. Both homes are located on the highly-coveted Bayview Drive, which sits merely steps away the ocean.

Stylish and Hip Santa Barbara Style

2211 Bayview Drive

4 Beds | 3.5 Baths | 2,660 Square Feet | Views from Palos Verdes to Point Dume

Offered at $$3,432,000

Cool and Contemporary Beach Home

1211 Bayview Drive

4 Beds | 3.5 Baths | 2,350 Square Feet | Located in the heart of downtown MB

Offered at $3,649,000

 

Listings Provided by The Cartier Sanders Team

310.874.4005

Lic#00874556, 01899835

 

*Based on information from CRMLS and/or CARETS as of July 3, 2017 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by CRMLS and/or CARETS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

More about the Architect, R.M. Schindler

A visionary who helped develop the cornerstones of not only California Residential Modernism, but also Modernism in general, R.M. Schindler created beyond structure, allowing life itself to take the main stage in the intimate setting of the home.

 

We all recognize the name Frank Lloyd Wright and his contributions to Modernism, but the lesser known R.M. Schindler worked for and alongside Wright on multiple projects before taking his own path. Their styles differ, yet genius is evident in both.

 

Born in Vienna to a middle-class Jewish family, Schindler trained in art and engineering, studying under Otto Wagner. He moved first to Chicago and came to Los Angeles in 1920 to supervise Wright’s Hollyhock House while Wright was in Japan.

 

Schindler quickly developed his own style, marrying the indoor and outdoor in an unprecedented manner, but his aesthetic was did not quite fit the International Style of Modernism sweeping the country. International Style embraces the use of steel framing, heavy glazing and prefab construction and his work was featured in the MOMA’s exhibition. Schindler actually sent his portfolio to those organizing the exhibition for the International Style of Modernism at the MOMA. Philip Johnson, architect and organizer of the exhibition wrote in response to Schindler’s work, “he did not fit.Surely, Johnson was right! Schindler’s bohemian modernist vision did not fall into such a category.

 

Instead, Schindler was concerned with the architecture of space which was uniquely manipulated in each building based and location. Implementing certain ideas of the International Style, he constructed with concrete slabs, but he framed his buildings with wood, opting always for a natural element. Light itself was created through windows and doors, allowing for a flow of nature. Angles and corners, which are normally not considered “dramatic,” were made as such to create the illusion of space and to offer a playful setting. His homes were never static. Instead, the roofs shot off at odd angles keeping the eye engaged and toying with the notion of “perfection.”

 

“The sense for the perception of architecture is not the eyes—but living. Our life is its image.” –Rudolph Michael Schindler (1887-1953)

 

An Unprecedented Architectural Icon in New Construction

Breaking the Standards of Contemporary Luxury

Luxury Property RE/MAX Estate Properties

2822 Colt Road sits atop the hill in the beautiful Rancho Palos Verdes and demonstrates a new level of contemporary luxury in the South Bay and Palos Verdes area. Brand New Construction with seamless indoor, outdoor living at its core, the home offers uncompromising amenities for an elevated lifestyle.

With incredibly distinct design, the home grants a private, compound layout boasting intimate guest suites, a pool house and in-law’s quarters, separate from the master suite. Resulting in 5 bedrooms, 7.5 bathrooms and 7,500 square feet of living space, this custom estate is also the first “green” residential project in Rancho Palos Verdes.

Luxury Modern Contemporary RE/MAX Estate Properties

Perhaps it is the low-lying lap pool surrounding the home, added to keep the glass walls cool, or maybe the dazzling, panoramic views from every room of the ocean, harbor, canyon, hills, and mountains, that keeps us in awe. No, in reality, it is not one particular detail, but the elegant symphony of a simplistic, nature-inspired, design paired with refined hand-picked finishes which makes the home truly breathtaking.

A property like no other, you must see it for yourself to believe such distinct beauty exists. View the property video below to get a sneak-peek of the home!

Presented by Broker & Owner

James Sanders

310-722-9494

JSanders@eplahomes.com

lic# 01050989

An Architect’s Modern Bohemian Vision

Modernist Architect R.M. Schindler Designs Homes meant to be Lived

RE/MAX Estate Properties Famous Architect Modern Home Schindler

“The sense for the perception of architecture is not the eyes—but living. Our life is its image.” –Rudolph Michael Schindler (1887-1953)

A visionary who helped develop the cornerstones of not only California Residential Modernism but also Modernism in general, R.M. Schindler created beyond structure, allowing life itself to take the main stage in the intimate setting of the home.

Schindler quickly developed his own style separate from the “International Style” of Modernism quickly sweeping the country with a very distinct look: steel framing, heavy glazing and prefabricated construction. Instead, Schindler’s works married the indoor and outdoor in a thoughtfully articulated manner. Instead of using structure as a barrier to keep one inside, he used it as a vehicle to bring the outdoors in. His desire to connect the home to nature is quite evident in all his projects, including one standout home, the Walker Residence (1935-1936).

RE/MAX Estate Properties Famous Modern

Located in Silverlake, the Walker Residence is located on a hillside. Schindler enjoyed developing hillside homes, and each one fell into one of three different “form schemes” he created. The three form schemes are: “balancing above the hill, cascading down with the slope, and rising up in a counter motion.” The Walker House utilizing the second scheme, cascading down with the slope, actively reminds you of it. And yet, the subtlety of The Walker House demonstrates an elegant restraint. From the street, the house appears simple and subdued. Yet, from the back view, the home follows the topography of the slope, expanding as it takes full advantage of the beautiful view.

RE/MAX Estate Properties Famous Modern Design Schindler

A motif throughout his projects and one of the best-known features of the Walker home is the row of eight concrete columns. The columns simultaneously elevate the volume of the house, while also creating a large living porch underneath the home, open to the view and a fresh, relaxing breeze. One critic notes, “The house is simultaneously introverted and in harmony with the surrounding natural and urban environment” (84).

RE/MAX Estate Properties Modern Architecture

Just as each space was created for a designated purpose of daily life, so was each view framed in a sensitive way, “giving each room a different relationship to the outside: some open widely onto outdoor terraces while others are closed-up, barely lit by the clerestory light.” Schindler manipulated light to transform a space and he also used interior personal touches to set the stage of life inside the home. He designed built-in furniture that still exists today and gives an even more detailed view of his vision for the home and life inside of it.

The home is less a promotion of its own magnificent stature and more so a conceptually crafted pathway in which life ought to be enjoyed, and therefore, truly lived. The beautiful view of the reservoir below certainly makes life a little simpler.

RE/MAX Estate Properties Modern Design

For the first time in a generation, the Walker Residence is currently being offered for sale. For more information, please contact Chris Morrow with RE/MAX Estate Properties.

 

The Walker Residence

2100 Kenilworth Avenue, Los Angeles, CA 90039

View More Photos & Details, Click Here

310.966.7380.

 

Read more about R.M. Schindler, Click Here

Market Intelligence Report March 2017

What’s happening in your local market?

We’re happy to fill you in! Our favorite Market Intelligence Report is just what you need.

Covering data from March of 2017, discover some truly helpful statistics such as Median Sold Price and Average Days on Market. With key insights and year over year statistics, this report is perfect to help you plug into your city’s market conditions.

There are 3 Reports: South Bay, Palos Verdes & Westside. Take your pick! Due to high to demand, we have also created a Japanese version for each report! Check out the links below.

English Reports

South Bay: https://issuu.com/remaxestateproperties/docs/sb_market_intelligence_report/8
PV: https://issuu.com/remaxestateproperties/docs/pv_market_intelligence_report
Westside: https://issuu.com/remaxestateproperties/docs/ws_market_intelligence_report

Japanese Reports

South Bay: https://issuu.com/remaxestateproperties/docs/sb_market_intelligence_reports_japa
PV: https://issuu.com/remaxestateproperties/docs/sb_market_intelligence_report_d92853d1309c97
Westside: https://issuu.com/remaxestateproperties/docs/ws_market_intelligence_reports_japa

Mandarin Reports

South Bay: https://issuu.com/remaxestateproperties/docs/remax_sb_market_intelligence_report
PV: https://issuu.com/remaxestateproperties/docs/remax_pv_market_intelligence_report
Westside: https://issuu.com/remaxestateproperties/docs/remax_ws_market_intelligence_report

 

Talk to your trusted RE/MAX Estate Properties agent for further discussion. There is nothing more valuable than truly understanding the market before you dip your feet into the buying or selling market.