Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

215 S Poinsettia Avenue

Manhattan Beach, CA, 90266

1 / 75View all 75 photos

$12,500,000

MLS: SB26020722

Beds

6

Baths

8

Sq Ft

9,047

Lot

0.22 ac

Year Built

2002

MLS #

SB26020722

Days on Market

47

Listed

Feb 25, 2026

Description

High above the street in the iconic Hill Section of Manhattan Beach, this Southwest-facing corner estate feels like its own private resort—where ocean breezes drift in, sunlight pours through soaring ceilings, and every level delivers a new experience. In a city where space, privacy, and ocean vistas are hard to come by, the Hill Section is one of the few neighborhoods that offers all three—along with a short stroll to the beach, easy access to downtown, and walking distance to award-winning Robinson Elementary. Step inside on the main entry level and the drama begins: dual curved staircases, statement chandeliers, and fresh white oak floors that instantly lighten the mood. Five bedrooms (four ensuite) are thoughtfully positioned alongside a spacious family room and bonus flex space—ideal for homework marathons, movie nights, or a quiet work-from-home escape. Slide outside and you’re transported to a tropical oasis: pool, spa, swim-up bar, tiki hut with grass roof, outdoor fireplace, turf lawn, and bamboo-lined privacy that makes every day feel like a five-star getaway. Upstairs is where life unfolds in grand fashion. The living room opens to a balcony overlooking the lush backyard, while the gourmet kitchen—complete with Sub-Zero refrigeration, Dacor 6-burner range, double warming drawers, two Miele dishwashers, and an expansive granite island—anchors the home with effortless entertaining power. Double butler’s pantries and a built-in work area keep everything running smoothly. A warm library/study with fireplace invites slower moments, while the primary suite is a retreat unto itself: balcony access, dual-entry walk-in closet, soaking tub, dual vanities, and a spa-style shower designed to start and end your days right. Then there’s the level no one sees coming. Take the elevator down and you’ll find a moody, club-inspired escape reminiscent of the Foundation Room at House of Blues—ornate carved doors, ambient lighting, full bar, VIP lounge, theater room, and a vibe that says the night is just getting started. With over 9,000 square feet, six bedrooms, seven baths, multiple living areas, three-car garage, and seamless indoor-outdoor flow, this estate fully captures what makes the Hill Section so sought-after: room to spread out, privacy to unwind, and views that remind you why Manhattan Beach living is in a class of its own. It may feel like a faraway escape. Spoiler alert: it’s right here.

Location

Manhattan Beach, Los Angeles County, CA 90266

Open on Google Maps ↗

Listed by: Edward Kaminsky · eXp Realty of California, Inc

Payment estimate

$87,130

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,250,000 · Loan: $11,250,000

%
Principal & Interest
$69,122
Property tax (1.25%)
$13,021
Homeowners insurance
$300
Mortgage insurance
$4,688
Open the full calculator →

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 $437,500 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

Only large teams outsell Mike Watson · Keller Williams Realty

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access