Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

109 S Poinsettia Avenue

Manhattan Beach, CA, 90266

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$9,750,000

MLS: SB26071131

Beds

4

Baths

5

Sq Ft

5,586

Lot

0.17 ac

Year Built

2002

MLS #

SB26071131

Days on Market

8

Listed

Apr 2, 2026

Description

Located in the prestigious Hill Section of Manhattan Beach, this stunning Mediterranean estate offers panoramic ocean views stretching from Palos Verdes to Catalina. Situated on an oversized 7,503 square foot lot, this 5,586 square foot home combines timeless architecture, exceptional space, and an ideal coastal indoor/outdoor lifestyle. A dramatic entry welcomes you with travertine floors and a sweeping curved staircase, setting the tone for the home’s elegant design. The ground level features four bedrooms and a spacious family room that opens to the west-facing backyard, creating seamless indoor/outdoor flow. The backyard includes a jacuzzi and offers plenty of room for a pool, making it ideal for outdoor living and entertaining. The primary suite opens directly to the backyard, creating a private retreat. Upstairs is the main living level designed to capture the panoramic views, featuring the kitchen, family room, formal dining room, ocean-view office with custom wood built-ins, theater room, and a flexible space that could serve as a fifth bedroom. The open floor plan flows to a large ocean-view terrace, perfect for entertaining, dining, and enjoying sunsets over the Pacific with views of Palos Verdes and Catalina. Hardwood and travertine floors run throughout the home, and a basement level provides additional space ideal for a gym, wine cellar, and extra storage. With its oversized lot, expansive square footage, panoramic views, and prime Hill Section location, this is a rare opportunity to own a premier Manhattan Beach view property just minutes from downtown Manhattan Beach, award-winning schools, and the beach.

Location

Manhattan Beach, Los Angeles County, CA 90266

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Listed by: Jennifer Caskey · Compass

Payment estimate

$68,028

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $975,000 · Loan: $8,775,000

%
Principal & Interest
$53,915
Property tax (1.25%)
$10,156
Homeowners insurance
$300
Mortgage insurance
$3,656
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Manhattan Beach home with as little as 3.5% down using an FHA loan — roughly $341,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Manhattan Beach, CA 90266 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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