Palos Verdes Market Update (10/31/18)

Posted by South Bay Staff on Wednesday, October 31st, 2018 at 7:05am.

Palos Verdes Real Estate Market Update

OCTOBER 31, 2018

Complete and updated information on Palos Verdes area homes for sale and the local housing market.

Palos Verdes Stats

Inventory: 236 active MLS listings in Palos Verdes (-26 from last week)

New listings this week: 24

Newly in escrow this week: 40

New closed sales this week: 19

New price cuts this week: 25

Featured New Listings of the Week

29 W Crest29 W Crest Rolling Hills CA

(6br/7ba, 6283 sqft.)

Agent's Description:

A true gem in prestigious Rolling Hills, a private, gated community located atop and in the center of the scenic hills of Rolling Hills. One of a kind home ideally located on coveted Crest Road near the West Gate with sprawling east to west views of Southern California coast, Exceptional 6 bdrm + library, 7 bthrm home is classic ranch style perched on a park-like lot with an open layout perfect for the peaceful rural lifestyle of Rolling Hills. Drive through private gate to circular driveway with water feature and Enter the home to face immediately picturesque views . Large formal dining area features large windows with views, wet bar, and wine room. Dining room flows easily into a bright living room with high, vaulted ceilings and a grand fireplace. From there, relax and take in unbeatable views . The stunning lot features generous lawn for lounging, a separate BBQ area, a covered wraparound deck, pool with jacuzzi, full sized tennis court with panoramic views, and separate chicken coop with fruit and vegetable garden. Extra large master suite has high vaulted ceilings, cozy fireplace, room sized walk-in closet. Generous chef's kitchen has high vaulted ceilings, beautiful custom cabinetry, and Viking appliances. Warm and inviting adjacent living room with fireplace is perfect for lounging with friends and family. Home also boasts private office/ library with beautiful built-in shelving. Second master suite and every other bedroom have ensuite bathroom and walk-in closet.

List price: $5,900,000

11 Covered Wagon Lane11 Covered Wagon Lane Rolling Hills Estates CA

(4br/4ba, 3024 sqft.)

Agent's Description:

Stunning four bedroom, four bath family home on a large lot in one of the most desirable neighborhoods on the Peninsula. This sophisticated and remodeled traditional style home features a remodeled kitchen with custom cabinetry, stone counter tops, Brazilian cherry flooring and professional appliances. The open floor plan is perfect for entertaining large groups or small family gatherings. Upon entering the gated and private neighborhood you can immediately appreciate the attention to detail inside and out of this home. The two main living areas are completely separate. The main level master suite shares a wonderfully remodeled master bath with stone and glass, a steam shower and large soaking spa tub. The living room and entry have 20 ft. ceilings, a stone and texture wood burning fireplace that flows into a large family room and opens to the amazing backyard. A central separate step down home office area keeps work and play on a level playing field. All the upstairs bedrooms are perfectly sized to include tons of storage and custom window coverings. Outside is where you will find a large grassy back yard, multiple fruit trees, an amazing glass filled fire pit, seating for the most perfect get-togethers and plenty of room to grill on the patio. Don't miss out on this rare opportunity.

List price: $1,895,000

30926 Oceangrove Drive30926 Oceangrove Drive Rancho Palos Verdes CA

(4br/3ba, 2566 sqft.)

Agent's Description:

Offering this modern masterpiece with panoramic ocean and coastline views situated in the highly coveted neighborhood of Ladera Linda in Rancho Palos Verdes. Completely remodeled from top to bottom with only the highest quality designer finishes, this modern marvel features vaulted open-beam ceilings, new hardwood oak floors by Aurora Milan, glass banisters/railings throughout, and is immersed with tons of natural light. The formal Living Room is accompanied by a private patio deck perfect for soaking in the cinematic sunsets over the Pacific Ocean. Kitchen features stainless steel appliances, Calacatta design countertops, and custom cabinetry. Enjoy the cozy fireplace in the Family Room boasting wall-to-wall sliding glass doors offering the ultimate indoor-outdoor living experience. The expansive Backyard includes a fully loaded Outdoor Kitchen featuring stainless steel Barbeque, stove burners, refrigerator, and sink. Retreat to your Master Bedroom featuring a private balcony overlooking the Pacific, stunning en-suite designer bathroom, and custom walk-in closet. Upgrades include: Milgard Windows, Salerno Illuminated LED Mirrors, Rivedil-Decolux Italian Paint, new tankless water heater, and new HVAC with NEST thermostat. The 3-car garage is fronted by a one-of-a-kind custom garage door. Located minutes away from the PV Peninsula Center, Terranea Resort, Trump National Golf Course, Founders Park, Ladera Linda Park & Community Center and beautiful coastal hiking/biking trails.

List price: $2,549,000

Notable Sales of the Week

25 Georgeff Road25 Georgeff Road Rolling Hills CA

(4br/4ba, 3176 sqft.)

Agent's Description:

4 bedroom 3 1/2 bath home on just over 1 acre overlooking canyons, the city, mountains and Long Beach Harbor. Extensively upgraded, this home features hardwood and natural stone flooring, cathedral ceilings and a bright, airy eat-in kitchen. It also has a formal dining room and living room in addition to a family room PLUS office/den. There are 3 gas/wood burning fireplaces are located in the family room, living room and den. Luxurious bathrooms feature 3 steam showers and a jacuzzi tub. This home was designed to merge the indoors and the beautifully landscaped outdoors - with a covered deck/patio that takes in 180 degree views! Sliding glass doors provide lots of natural light and beautiful views from major rooms. Plenty of space to relax and enjoy with your family or accommodate gracious entertaining. The house is located on a cul-de-sac at the end of a quiet street. There are mature fruit trees across a lushly landscaped exterior. The 3 car garage features plenty of storage cabinetry, an additional fridge and there's space for additional parking. The community offers 24 hour attended gate access, 3 tennis courts and access to the miles of equestrian/hiking trails. Privacy, tranquility and gorgeous views all within 30 minutes to LAX and the rest of Los Angeles. 

Sold price: $2,115,000

6805 Alta Vista Drive6805 Alta Vista Drive Rancho Palos Verdes CA

(5br/4ba, 3650 sqft.)

Agent's Description:

Contemporary style one level home with pool and spa at the most prestigious residential area in Ranch Palos Verdes. Private entry with large driveway. Panoramic Ocean and Malibu Coastline view. Living room with fireplace and access to the view deck and Formal Dining area. Family room with fireplace and access to backyard with Ocean view. Remodeled kitchen and master bathroom. Wood floors throughout.

Sold price: $2,500,000

3250 Seaclaire Drive3250 Seaclaire Drive Rancho Palos Verdes CA

(4br/3ba, 2347 sqft.)

Agent's Description:

Unobstructed ocean and Catalina views!!! The views are visible from almost every room in the house. This light and bright 4 bedroom, 3 bath home is situated on a quiet cul-de-sac in sought after Rancho Palos Verdes. Enjoy the never ending views and tranquil ocean breezes from the rear patio and in-ground pool & spa. Spacious master suite with fireplace and yes, stunning views. Other amenities include: central a/c, newer carpeting, interior recently painted, hardwood flooring in entry, paver style patio and pool decking, kitchen opens to family room, huge living room w/fireplace, stamped concrete driveway and attached two car garage, UNDERGROUND UTILITIES(no wires, no poles),etc...

Sold price: $1,565,000

Complete Market Report Data

Here is our full market report on Palos Verdes real estate for the week.

Click on any property address to see all photos & listing data online.

NEW MLS LISTINGS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
2105 Redondela Drive 5/3 2106 8181 $1,175,000 $558 0 $1,175,000 10/30/18
3296 Via Campesina 5/5 4828 26981 $3,150,000 $652 0 $3,150,000 10/30/18
43 Cottonwood Circle 2/3 2184 1935 $850,000 $389 0 $850,000 10/29/18
1961 W Macarthur Street 3/2 1480 6885 $879,000 $594 1 $875,000 10/29/18
40 Seaview Drive 3/3 1868 1584 $949,000 $508 1 $949,000 10/28/18
3340 Via La Selva 4/4 2738 6919 $2,449,000 $894 4 $2,449,000 10/26/18
3605 W Hidden Lane 212 0/1 440 433780 $309,000 $702 4 $309,000 10/26/18
11 Covered Wagon Lane 4/4 3024 12578 $1,895,000 $627 4 $1,895,000 10/25/18
4016 Via Pavion 3/2 1600 8970 $1,495,000 $934 5 $1,495,000 10/24/18
2112 Chelsea Road 4/3 2216 8469 $1,899,000 $857 5 $1,899,000 10/24/18
39 Country Meadow Road 4/3 2896 18198 $2,325,000 $803 5 $2,325,000 10/24/18
30926 Oceangrove Drive 4/3 2566 15401 $2,549,000 $993 6 $2,549,000 10/24/18
29 W Crest 6/7 6283 87001 $5,900,000 $939 6 $5,900,000 10/23/18
5987 Peacock Ridge Road 110 3/2 1487 52296 $719,500 $484 7 $719,500 10/22/18
29220 Whites Point Drive 3/2 1925 8920 $1,345,000 $699 7 $1,345,000 10/22/18
1835 Caddington Drive 63 3/2 1282 127161 $649,000 $506 8 $649,000 10/21/18
27051 Shorewood Road 3/2 1606 11663 $1,195,000 $744 8 $1,195,000 10/22/18
4 Singletree Lane 4/3 2305 19996 $1,800,000 $781 10 $1,800,000 10/19/18
29641 S Western Avenue 102 2/2 1207 72593 $444,500 $368 10 $444,500 10/19/18
5762 Ironwood Street 4/3 1868 7432 $1,250,000 $669 10 $1,250,000 10/19/18
28277 Trailriders Drive 4/3 1816 7161 $1,380,000 $760 11 $1,380,000 10/10/18
18 Via Porto Grande 5/6 5630 10046 $2,200,000 $391 11 $2,200,000 10/18/18
2676 Palos Verdes Drive 5/4 4263 52691 $2,699,000 $633 11 $2,699,000 10/18/18
3613 Palos Verdes Drive 5/5 4200 8773 $3,200,000 $762 11 $3,200,000 10/18/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
6569 Via Lorenzo 4/3 2505 7265 $1,365,000 $545 68 $1,395,000 08/23/18
25 Oaktree Lane 2/2 1590 2571 $769,000 $484 176 $799,000 11/21/17
2633 Via Valdes 4/4 3001 6707 $1,499,000 $500 29 $1,599,000 10/01/18
5044 Blackhorse Road 3/3 1896 11886 $1,319,000 $696 93 $1,329,000 07/28/18
27427 Larchbluff Drive 4/3 2310 9166 $1,295,000 $561 3 $1,295,000 10/26/18
6833 Abbottswood Drive 4/3 2738 8186 $1,559,000 $569 8 $1,559,000 10/18/18
26634 Hawkhurst Drive 4/3 2406 7370 $1,249,000 $519 79 $1,368,000 08/11/18
6 Branding Iron Lane 4/3 3315 52031 $2,000,000 $603 8 $2,000,000 10/21/18
12 Casaba Road 5/5 4637 36109 $2,299,000 $496 22 $2,299,000 10/05/18
5987 Peacock Ridge Road 203 3/3 2100 52296 $735,000 $350 8 $735,000 10/17/18
30936 Cartier Drive 4/4 4705 31775 $3,500,000 $744 91 $3,999,000 07/30/18
37 Cresta Verde Drive 2/3 1400 491349 $699,000 $499 55 $725,000 08/24/18
30026 Avenida Classica 4/3 2076 12511 $1,375,000 $662 45 $1,399,000 09/10/18
1 Casaba Road 5/6 5000 25077 $2,649,000 $530 74 $2,649,000 08/16/18
6545 Abbottswood Drive 4/3 2815 11157 $1,999,000 $710 10 $1,999,000 10/12/18
6 Phillips Ranch Road 6/7 3855 10034 $2,800,000 $726 0 $2,800,000 10/23/18
28 Sycamore Lane 2/3 1961 1358 $839,000 $428 6 $839,000 10/16/18
18 Ranchview Road 3/3 3056 19176 $1,599,999 $524 378 $1,799,999 10/16/17
2720 Via Elevado 4/4 4919 21001 $3,400,000 $691 42 $3,400,000 09/17/18
30043 Knoll View Drive 3/3 2015 17270 $1,280,000 $635 84 $1,375,000 08/06/18
564 Via Media 3/4 3054 6707 $2,999,000 $982 14 $2,999,000 10/15/18
10 Peppertree Drive 3/2 1643 164819 $1,150,000 $700 94 $1,300,000 07/19/18
79 Aspen Way 2/3 1961 1422 $899,000 $458 54 $899,000 09/05/18
32 Bixby Ranch Road 4/5 3798 11599 $3,050,000 $803 0 $3,050,000 10/20/18
1708 Espinosa Circle 4/3 2439 7785 $1,499,900 $615 38 $1,499,900 09/21/18
1417 Via Zumaya 6/7 4530 17491 $2,599,000 $574 165 $2,899,000 05/17/18
26957 Bolan Lane 5/5 3430 13011 $2,190,000 $638 14 $2,190,000 10/15/18
59 Paseo De Castana 4/4 4153 8329 $1,699,800 $409 155 $1,699,800 05/15/18
24 Shady Vista Road 3/3 3687 9438 $1,250,000 $339 58 $1,500,000 09/01/18
6904 Beechfield Drive 4/3 2535 10142 $1,499,900 $592 12 $1,499,900 10/05/18
716 Paseo Lunado 5/5 4101 13604 $2,800,000 $683 35 $2,800,000 09/24/18
5682 Mistridge Drive 5/4 2512 8946 $1,399,000 $557 39 $1,399,000 09/20/18
4619 Browndeer Lane Lane 6/3 3297 13704 $1,400,000 $425 9 $1,400,000 10/08/18
28328 Ridgefalls Court 3/3 1978 0 $859,000 $434 77 $859,000 08/13/18
1903 Redondela Drive 4/3 1876 7163 $975,000 $520 88 $1,050,000 08/02/18
27361 Rainbow Ridge Road 3/2 1453 36048 $1,524,000 $1,049 152 $1,650,000 05/30/18
12 Upper Blackwater Cyn Road 7/9 11127 198173 $8,500,000 $764 167 $8,500,000 05/15/18
29405 S. Bayend Drive 3/2 1409 6952 $775,000 $550 103 $875,000 07/06/18
15 Sycamore Lane 3/3 1988 1360 $829,900 $417 28 $829,900 10/01/18
4 Thyme Place 3/3 3565 38994 $3,400,000 $954 49 $3,400,000 09/10/18

NEW CLOSED SALES THIS WEEK

DDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
1 Buggy Whip Drive 9/25 51000 322344 $22,400,000 $439 171 $40,000,000 10/30/18
26858 Basswood Avenue 3/2 1460 7768 $940,000 $644 58 $950,000 10/26/18
30304 Cartier Drive 5/4 3297 15544 $2,060,000 $625 1 $2,190,000 10/26/18
2357 Palos Verdes Drive 8 2/2 1340 10667 $764,000 $570 79 $799,000 10/25/18
26307 Silver Spur Road 3/2 1291 14294 $1,150,000 $891 92 $1,225,000 10/24/18
1509 Via Margarita 4/3 2277 9891 $1,725,000 $758 13 $1,750,000 10/23/18
6954 Abbottswood Drive 4/2 1887 10680 $1,325,000 $702 6 $1,325,000 10/23/18
3131 Deluna Drive 4/2 2542 20365 $1,544,000 $607 4 $1,399,000 10/23/18
1733 Kingsdown Court 3/2 1180 191356 $509,000 $431 10 $529,000 10/23/18
25 Georgeff Road 4/4 3176 48879 $2,115,000 $666 153 $2,439,000 10/23/18
6805 Alta Vista Drive 5/4 3650 20013 $2,500,000 $685 0 $2,548,000 10/23/18
3250 Seaclaire Drive 4/3 2347 12950 $1,565,000 $667 56 $1,599,900 10/23/18
1884 Peninsula Verde Drive 3/2 1782 6430 $879,000 $493 6 $879,900 10/23/18
18 Barkentine Road 4/3 2730 11069 $1,660,000 $608 31 $1,565,000 10/23/18
45 Seaview Dr N 3/3 1858 1629 $909,000 $489 17 $919,000 10/22/18
30451 Ganado Dr 4/3 2108 36866 $1,370,000 $650 1 $1,349,900 10/20/18
6542 Ocean Crest Drive D307 2/2 1091 167165 $575,000 $527 14 $565,000 10/19/18
300 Via Alcance 3/3 2216 9542 $1,835,000 $828 1 $1,835,000 10/19/18
2568 Colt Road 4/4 2191 22005 $1,199,000 $547 10 $1,199,000 10/18/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
29858 Knoll View Drive 5/5 4000 15316 $3,199,000 $800 94 $3,499,000 07/28/18
1328 Via Gabriel 3/3 2242 11751 $1,495,000 $667 61 $1,699,000 08/24/18
2805 Palos Verdes Drive 4/3 2914 10069 $2,550,000 $875 32 $2,690,000 09/28/18
1108 Via Nogales 5/5 3563 10000 $2,649,000 $743 166 $2,849,000 05/16/18
861 Rincon Lane 6/7 5038 12614 $3,500,000 $695 133 $3,950,000 06/18/18
26447 Basswood Avenue 3/2 1610 7454 $1,169,000 $726 43 $1,250,000 09/16/18
10 Coraltree Lane 3/3 2338 2530 $1,099,000 $470 77 $1,530,000 08/13/18
51 Paseo Del La Luz 6/7 8341 32304 $5,200,000 $623 749 $7,995,000 10/03/16
2416 Via Ramon 4/5 2756 12248 $2,345,000 $851 84 $2,350,000 08/06/18
915 Via Panorama 4/5 5064 31000 $4,900,000 $968 165 $7,300,000 05/18/18
26841 Eastvale Road 3/3 2264 11925 $1,329,000 $587 35 $1,350,000 09/24/18
26 Encanto Drive 4/3 2506 16877 $1,749,900 $698 28 $1,799,900 10/01/18
28711 N Enrose Avenue 3/2 1470 6090 $829,000 $564 60 $859,000 08/31/18
14 Deerhill Drive 4/3 3744 25088 $2,298,000 $614 34 $2,389,000 09/26/18
2122 W Gaucho Drive 4/4 2000 6527 $919,000 $460 49 $979,000 09/10/18
820 Via Somonte 4/4 3812 11862 $3,248,800 $852 140 $3,395,000 06/11/18
515 Via Almar 3/2 2314 6427 $2,355,000 $1,018 43 $2,495,000 09/17/18
5316 Waupaca Road 4/2 1890 8721 $1,150,000 $608 164 $1,299,000 05/18/18
37 Eastfield Drive 3/3 1904 63683 $1,675,000 $880 382 $1,950,000 10/12/17
3 Thyme Place 4/3 2325 24583 $1,795,000 $772 97 $1,800,000 07/24/18
3566 Vigilance Drive 3/3 1906 12575 $1,275,000 $669 49 $1,299,000 09/10/18
1606 Espinosa Circle 4/4 4219 10928 $3,650,000 $865 137 $4,385,000 06/14/18
1 Clear Vista Drive 6/7 5766 19264 $2,998,000 $520 82 $3,250,000 08/08/18
405 Via Colorin 3/2 1760 8777 $1,549,000 $880 17 $1,599,000 10/12/18
4300 Via Azalea 5/2 2454 10807 $1,775,000 $723 159 $2,268,000 05/23/18

 

Get More Palos Verdes Real Estate Info

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