Palos Verdes Market Update (11/14/18)

Posted by South Bay Staff on Thursday, November 15th, 2018 at 11:00pm.

Palos Verdes Real Estate Market Update

NOVEMBER 14, 2018

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

Palos Verdes Stats

Inventory: 240 active MLS listings in Palos Verdes (+4 over last week)

New listings this week: 33

Newly in escrow this week: 19

New closed sales this week: 23

New price cuts this week: 20

Featured New Listings of the Week

6440 Chartres Drive6440 Chartres Drive Rancho Palos Verdes CA

(7br/7ba, 4802 sqft.)

Agent's Description:

Location, Location, location! Situated in the most desirable area of Rancho Palos Verdes, this multi-level home features 7 bedrooms and 7 baths, 4,802 sqft, a quintessential Southern California indoor/outdoor life style. Double doors open to grand foyer with marble floor and beautiful chandelier that leads to living room and formal dining room. From there, the breathtaking ocean view from Catalina Island to Malibu are within your peripheral vision. Spacious gourmet kitchen with breakfast nook caters to adjacent dining room and living room with double sided fireplace. The upper-level bedroom is used as an office which also takes in impressive view of the ocean. The middle level features majority of living quarters. The lower level features the family room, a master suite and additional bedroom with its own bath. The master bedroom again boasts the ocean view with huge walk-in closet. The master bath features a separate shower and jetted bathtub. The family room with additional fireplace and beautiful marble floor is currently used as a fitness room. The backyard features a swimming pool and deck where you can relax or entertain the guests to enjoy more spectacular ocean view. The recreation room with in-ground spa is additional feature to entertain friends and family. This is a great home that offers combination of comfortable living, natural beauty, awarding winning schools, excellent neighborhood in one place. Don’t miss the magnificent sunset view. You will love it. 

List price: $2,690,000

30 Pepper Tree Lane30 Pepper Tree Lane Rolling Hills Estates CA

(3br/3ba, 2546 sqft.)

Agent's Description:

Situated at the rear of the Pepper Tree community sits this beautifully appointed home with many custom upgrades. Enter into a foyer area that divides the office/den with the large family room adjoining the dining area and kitchen. The kitchen has been tastefully updated with granite counter tops, solid wood cabinetry, a generous center island and stainless steel appliances. Connected to the kitchen is a beautiful open plan dining area with storage cabinets and built in wine fridge. The dining room allows direct access to the adorable sun soaked patio area which is perfect for entertaining. The backyard is low maintenance and securely fenced, making it ideal for small children or pets. Upstairs you'll find a large master suite with dual closets and balcony that overlooks the quaint community park. The master bathroom features dual sinks, a large shower and soaking tub. Another full bathroom services the additional two bedrooms which are situated privately from one another. On the second floor is another bonus space which can be used as a home office or play area. There is direct access to the home from the attached two car garage which has built in storage shelves, a sink and where the washer and dryer are located. This property also has an assigned additional parking spot. This sale is contingent upon the successful close of the seller's up leg property which is currently in escrow. Buyer to verify with the school district regarding assigned schools.

List price: $1,345,000

6 Buckskin Lane6 Buckskin Lane Rolling Hills Estates CA

(4br/4ba, 2294 sqft.)

Agent's Description:

Charming and upgraded family home in "The Lanes." Total renovation completed in 2016. 2300 (BTV) square feet of contemporary ranch style home with 4 bedrooms and 3 1/2 baths including upstairs and downstairs master suites. Dormer windows, wood floors, wood beamed accents, new roof, new kitchen and baths, new a/c and a large rear deck with new hot tub on an 8000+ square foot lot (BTV). The garage is also upgraded and includes a large attic storage area with pull down ladder. A lot of home in a great area. "The Lanes" are one of the most popular areas in all of Palos Verdes with close access to PV schools, shopping, golf courses, freeways and so much more.This home is turn key and ready to bring long term memories for it's next family. One of the best values at this price point.

List price: $1,699,000

Notable Sales of the Week

2624 Via Carrillo2624 Via CArrillo Palos Verdes Estates CA

(4br/3ba, 2622 sqft.)

Agent's Description:

Ocean views and amazing year-round sunsets are yours to enjoy in this coveted Lunada Bay mid-century modern! Designed by architects Young & Remington, this coastal contemporary home features floor-to-ceiling windows with approximately 2,600 square feet of open-concept living space and a rare oversized 14,000+ sq. ft. lot, bordered by parkland on two sides. Beautifully landscaped front yard with drought tolerant vegetation adds to the exterior appeal of the home. The split-level floor plan offers one suite that is being used as a media room and is also ideal for guests. The West-facing master suite is on the upper level and commands panoramic views all the way to Malibu. Also on the upper level are two other large bedrooms and a separate full-sized bathroom. Looking out to a nature-inspired backyard, the kitchen is bright and open, recently remodeled with top of the line appliances and materials. You will enjoy outdoor living with many great spaces for entertaining, including a built-in fire pit and seating, large grassy area, and a deck at the top of the property. Take in the magnificent views of the ocean while enjoying the spa or even climbing up to a tree house! Just off the laundry room is the finished 2-car garage with epoxy floors and plenty of built in storage cabinets. Perfectly located on a highly desirable Lunada Bay street with close proximity to shops, restaurants and all three schools (PV High School, PV Intermediate and Lunada Bay Elementary). 

Sold price: $1,950,000

716 Paseo Lunado716 Paseo Lunado Palos Verdes Estates CA

(5br/5ba, 4101 sqft.)

Agent's Description:

Enjoy living in this beautiful custom built Mediterranean Style Estate in prestigious Lunada Bay. The property has tremendous curb appeal with expansive views across a green belt and to the ocean beyond. This spacious split level home has been extensively renovated, providing an abundance of natural light and combining sophistication and warmth. The dramatic floor plan can equally showcase a traditional or contemporary décor. The beauty of the interior unfolds as soon as you enter the foyer. The open floor plan features, on approximately 4100 SQFT of living space, 5 bedrooms and an office that could be used as a 6th bedroom and 4.5 bathrooms. There is a large living room with fireplace, wrap around balcony and ocean view. The kitchen with Caesar stone counters, custom Neff cabinetry and stainless steel appliances opens to the great room with a dining area and fireplace. The formal dining room has a custom built cabinet. The bedrooms are large and the master suite opens to a spacious bathroom with his and hers closets. The utility room with washer and dryer has lots of storage space as well as a second refrigerator. The private landscaped backyard features a swimming pool and spa and a large grassy area for lawn games and alfresco dining. A three car garage with direct access completes this property which offers the best in indoor/outdoor luxury coastal living. Close to all schools, the bluffs and hiking trails.

Sold price: $2,625,000

6201 Via Subida6201 Via Subida Rancho Palos Verdes CA

(3br/4ba, 3514 sqft.)

Agent's Description:

This mid-century modern architectural gem by Architect A.C. Robertshaw was designed to be inconspicuous and understated from the street view, while maximizing the breathtaking panoramic views from every room! Begin your morning with the most stunning sunrise filtering through your kitchen and upper bedroom/office. End your days with amazing sunrises and gorgeous city lights from every room of the house. Open Floor plan and cedar lined cathedral ceilings designed with entertaining in mind. Cantilever decks surrounds the house. Motorized patio cover off the main floor makes it perfect for al fresco dining and the ultimate entertainment experience. Delight yourself with a lovely indoor/outdoor pool off the master bedroom. Master bedroom includes built-in sitting areas, fireplace, walk in closets, very spacious master bath with a separate jet tub. Master retreat all in one level. Another bedroom has a sauna and top floor bedroom is being used as an office. Own your own private Zen retreat where you can commune with nature. Gorgeous mature oak trees and your own private hiking trails. A casita/storage with plenty of seating area next to it. Half bath makes it very convenient when out-doors. Very private and serene setting. Pergolas and water fountains. Two sides of the property is surround by park land gives you extended privacy.

Sold price: $1,930,000

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
28007 Ridgebrook Court 2/3 1079 272662 $599,999 $556 0 $599,999 11/15/18
11 Shadow Lane 6/4 4817 28548 $2,500,000 $519 0 $2,500,000 11/15/18
4711 Sugarhill Drive 5/6 5076 18400 $2,745,000 $541 0 $2,745,000 11/15/18
1408 Via Arco 4/4 5150 20803 $4,399,999 $854 1 $4,399,999 11/14/18
5422 Elmbank Road 4/3 2249 9134 $1,400,000 $622 1 $1,400,000 11/13/18
3732 Via La Selva 4/5 3552 8409 $2,995,000 $843 2 $2,995,000 11/12/18
941 Via Nogales 5/8 7105 20296 $10,900,000 $1,534 2 $10,900,000 11/12/18
2545 Via Campesina 102 2/3 1540 0 $775,000 $503 2 $775,000 11/12/18
2724 Paseo Del Mar 5/4 3407 16959 $2,800,000 $822 2 $2,800,000 11/12/18
6 Buckskin Lane 4/4 2294 8102 $1,699,000 $741 2 $1,699,000 11/12/18
27961 Palos Verdes Drive 5/6 4011 42681 $1,970,000 $491 3 $1,970,000 11/12/18
30 Pepper Tree Lane 3/3 2546 229401 $1,345,000 $528 4 $1,345,000 11/10/18
2833 Via Victoria 5/4 3982 15492 $2,469,000 $620 5 $2,469,000 09/19/18
728 Via Del Monte 3/3 2550 8126 $2,599,000 $1,019 5 $2,599,000 11/09/18
3200 La Rotonda Drive 415 1/1 982 242132 $640,000 $652 6 $640,000 11/09/18
6440 Chartres Drive 7/7 4802 14874 $2,690,000 $560 6 $2,690,000 11/08/18
8 Bridle Lane 5/3 3243 47863 $1,499,999 $463 7 $1,499,999 11/07/18
28621 Leacrest Drive 5/3 2212 8897 $1,398,000 $632 8 $1,398,000 11/07/18
1420 Via Mateo 4/3 3532 15044 $2,449,000 $693 8 $2,449,000 11/06/18
1863 Avenida Aprenda 4/2 1746 7221 $900,000 $515 8 $900,000 11/06/18
3448 Tanglewood Lane 5/4 3223 32077 $2,298,000 $713 9 $2,298,000 11/05/18
3649 Navajo Place 4/4 3871 13384 $4,125,000 $1,066 9 $4,125,000 11/05/18
6 Yellow Brick Road 6/7 5265 34615 $3,600,000 $684 11 $3,600,000 11/03/18
55 Rockinghorse Road 3/3 2763 24043 $1,489,000 $539 11 $1,489,000 11/03/18
2448 Via Anacapa 4/5 3495 8640 $3,890,000 $1,113 11 $3,890,000 11/03/18
4630 Browndeer Lane 6/3 2711 11998 $1,395,000 $515 12 $1,395,000 11/02/18
30316 Camino Porvenir 5/3 3355 11493 $1,899,000 $566 12 $1,899,000 11/02/18
6755 Kings Harbor Drive 4/4 2788 6833 $1,658,000 $595 12 $1,658,000 11/02/18
27915 Lomo Drive 4/2 1816 8450 $1,279,999 $705 13 $1,279,999 11/02/18
7 Crest Road West 5/5 5253 178942 $5,750,000 $1,095 13 $5,750,000 11/01/18
26509 Hawkhurst Drive 4/3 2237 7542 $1,349,000 $603 14 $1,349,000 11/01/18
5044 Blackhorse Road 3/3 1896 11886 $1,297,000 $684 14 $1,297,000 11/01/18
2741 Palos Verdes Drive 3/3 2000 7848 $1,689,000 $845 14 $1,699,000 11/01/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
3118 Corinna Drive 4/2 1962 11800 $1,400,000 $714 217 $1,400,000 04/11/18
28277 Trailriders Drive 4/3 1816 7161 $1,380,000 $760 26 $1,380,000 10/10/18
6 Goldenspar Pl 4/3 2478 12478 $1,599,000 $645 41 $1,649,000 10/04/18
29503 Quailwood Drive 5/3 2468 8993 $1,599,000 $648 9 $1,599,000 11/05/18
1 San Miguel 5/6 4678 15854 $3,180,000 $680 94 $3,195,000 08/12/18
2633 Via Valdes 4/4 3001 6707 $1,450,000 $483 44 $1,599,000 10/01/18
3602 W Estates Lane 219 1/1 659 433780 $349,000 $530 8 $349,000 11/03/18
3604 W Estates Lane 112 0/1 440 433780 $279,000 $634 11 $279,000 11/03/18
3605 W Hidden Lane 212 0/1 440 433780 $309,000 $702 19 $309,000 10/26/18
28145 Ridgecove Court 3/3 1439 419923 $739,900 $514 9 $739,900 11/05/18
27521 Fawnskin Drive 3/2 1878 7010 $1,099,000 $585 72 $1,189,000 09/03/18
43 Cottonwood Circle 2/3 2184 1935 $850,000 $389 16 $850,000 10/29/18
29220 Whites Point Drive 3/2 1925 8920 $1,345,000 $699 15 $1,345,000 10/22/18
6968 Alta Vista Drive 6/6 4865 22451 $2,798,000 $575 208 $2,920,000 08/15/17
6317 Ridgeglade Court 3/3 2219 519748 $849,000 $383 36 $849,000 10/09/18
2015 Trudie Drive 3/1 1054 5589 $769,000 $730 99 $819,000 08/07/18
4016 Via Pavion 3/2 1600 8970 $1,495,000 $934 21 $1,495,000 10/24/18
2046 Jaybrook Drive 3/2 1434 7559 $797,900 $556 11 $770,000 10/04/18
6829 Vallon Drive 4/3 2720 10123 $1,649,000 $606 39 $1,649,000 09/21/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
2 Sycamore Lane 3/3 2184 1931 $865,000 $396 20 $875,000 11/15/18
716 Paseo Lunado 5/5 4101 13604 $2,625,000 $640 23 $2,800,000 11/14/18
10 Flying Mane Road 3/3 2792 52076 $2,200,000 $788 48 $2,600,000 11/13/18
74 Eastfield Drive 4/6 4000 72494 $3,100,000 $775 267 $3,925,000 11/09/18
5029 Browndeer Lane 4/3 2146 6579 $1,195,000 $557 42 $1,300,000 11/09/18
1501 Via Montemar 4/4 3546 10685 $3,400,000 $959 8 $3,499,000 11/09/18
4619 Browndeer Lane Lane 6/3 3297 13704 $1,450,000 $440 9 $1,400,000 11/09/18
4232 Via Alondra 3/2 1835 6913 $1,425,000 $777 3 $1,425,000 11/09/18
305 Via Navajo 3/2 1900 7496 $1,560,000 $821 8 $1,675,000 11/09/18
3602 W Estates Lane 114 0/1 440 433780 $295,000 $670 27 $300,000 11/09/18
2322 Palos Verdes Drive 204 2/2 1471 21242 $679,000 $462 54 $679,000 11/09/18
3 Roundup Road 5/5 3373 44562 $2,700,000 $800 131 $2,895,000 11/08/18
3200 La Rotonda Drive 102 2/2 1373 241991 $826,800 $602 122 $999,000 11/08/18
2624 Via Carrillo 4/3 2622 14097 $1,950,000 $744 29 $1,999,999 11/07/18
2029 W Elberon Street 3/2 1963 6486 $839,000 $427 9 $849,000 11/07/18
1735 Oldstone Court 4/2 1368 69660 $615,000 $450 22 $589,900 11/06/18
28332 Ridgefalls Court 3/3 2517 753582 $960,000 $381 13 $959,000 11/06/18
6201 Via Subida 3/4 3514 22504 $1,930,000 $549 51 $2,199,000 11/02/18
27940 Ridgecove Court 2/2 1140 309695 $620,000 $544 14 $649,900 11/02/18
5055 Foxpoint Lane 3/2 1751 13542 $1,199,900 $685 21 $1,199,900 11/01/18
5555 Mistridge Drive 4/3 3052 18017 $1,950,000 $639 2 $1,888,000 11/01/18
10 Peppertree Drive 3/2 1643 164819 $1,050,000 $639 94 $1,300,000 11/01/18
961 Via Rincon 6/7 6219 13116 $3,888,000 $625 67 $3,999,900 11/01/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
2741 Palos Verdes Drive 3/3 2000 7848 $1,689,000 $845 14 $1,699,000 11/01/18
27136 Sunnyridge Road 2/3 2313 20997 $1,249,900 $540 61 $1,350,000 09/14/18
42 Empty Saddle Road 4/5 3845 33980 $2,748,000 $715 111 $3,145,000 07/26/18
2286 Sparta Drive 4/3 2308 17548 $1,399,880 $607 44 $1,499,000 10/01/18
7022 Lofty Grove Drive 3/2 1544 7140 $1,298,000 $841 29 $1,350,000 10/16/18
37 Eastfield Drive 3/3 1904 63683 $1,595,000 $838 398 $1,950,000 10/12/17
6305 Ridgemar Court 3/3 2005 519949 $799,000 $399 58 $849,000 09/17/18
85 Laurel Drive 6/8 7670 21463 $6,999,000 $913 81 $7,249,000 08/23/18
4115 Miraleste Dr. 4/3 3193 8501 $1,359,000 $426 108 $1,648,900 07/29/18
27046 Freeport Road 4/3 2690 14125 $1,499,988 $558 78 $1,685,000 08/28/18
1356 Via Coronel 4/5 5130 17962 $3,995,000 $779 154 $4,848,000 06/14/18
27004 Grayslake Road 3/2 1442 8249 $1,190,000 $825 38 $1,200,000 10/07/18
412 Via Almar 5/5 3875 10044 $3,200,000 $826 114 $3,400,000 07/23/18
28641 Mount Shasta Drive 3/3 1768 6722 $922,000 $521 149 $969,000 06/19/18
3613 Palos Verdes Drive 5/5 4200 8773 $2,999,999 $714 27 $3,200,000 10/18/18
3528 Newridge Drive 4/3 4614 12260 $1,497,500 $325 184 $1,688,000 05/14/18
2122 W Gaucho Drive 4/4 2000 6527 $899,000 $450 65 $979,000 09/10/18
39 Country Meadow Road 4/3 2896 18198 $2,298,000 $794 21 $2,325,000 10/24/18
5987 Peacock Ridge Road 110 3/2 1487 52296 $699,000 $470 23 $719,500 10/22/18
28646 Gunter Road 3/2 1281 5999 $875,000 $683 67 $950,000 09/08/18

 

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