Palos Verdes Market Update (1/22/19)

Posted by South Bay Staff on Tuesday, January 22nd, 2019 at 11:01am.

Palos Verdes Real Estate Market Update

JANUARY 22, 2019

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

Palos Verdes Stats

Inventory: 174 active MLS listings in Palos Verdes (+4 over last week)

New listings this week: 27

Newly in escrow this week: 25

New closed sales this week: 11

New price cuts this week: 21

Featured New Listings of the Week

1946 Upland Street1946 Upland Street Rancho Palos Verdes CA

(4br/5ba, 3466 sqft.)

Agent's Description:

Live like you are on vacation in this stunning Mediterranean costume home with expensive green Canyon views, situated in the Serene neighborhood of Rancho Palos Verdes. This inclusive luxury home offers an amazing open floorplan featuring 4 bedrooms (2 downstairs)w/ all en-suit baths,4 1/2 baths,3 car garage,exquisite marble floors,striking wrought iron & marble staircase,3 fire places,surround sound,wet bar,Large back yard,pool & jacuzzi,covered built in BBQ & much more. Impressive oversized wood & wrought iron double doors open to a grand entrance w/ soaring ceiling leading to formal living & dining room w/ lots of windows and fireplace to entertain your guests. Spacious family room w/ French double doors & a cozy fire place opens up to a resort style backyard featuring pool and spa w/ waterfall,covered built-in BBQ w/ hot & cold water sink & a deck to be enjoyed by family and friends making everyday living like vacation. Gourmet kitchen features high quality granite island,sub zero refrigerator,Viking stove & double oven,built in microwave,warmer,breakfast nook,lots of counter & cabinet space and a walk in pantry. Second floor Grand master suite is elegantly designed w/ quality Brazilian hard wood floors,fire place,double doors opening to a large balcony overlooking gorgeous canyon view, Master bath w/ travertine floors,dual vanity,large shower,separate tub & walk in closet w/organizers. This gorgeous highly upgraded costume home w/stunning canyon view is truly a must see. 

List price: $1,399,000

15 Rockinghorse Road15 Rockinghorse Road Rancho Palos Verdes CA

(5br/5ba, 3639 sqft.)

Agent's Description:

Welcome to this RARE one half acre, beautiful custom built home with Privacy, Seclusion, and Panoramic City Views of Century City, Hollywood Sign, Downtown L.A. to Coastline/water of Long Beach. Completely remodeled thru-out, light and bright with great flow for entertaining, 5 bedrooms, dressing room, office, 4 1/2 bathrooms, 2 family rooms, 3 fireplaces, approx. 3639 sq,ft. Both levels have panoramic views facing North, spanning 80ft long: Views from Entry level: Master Bedroom, Dressing Rm, Formal Living Rm, Formal Dining and Kitchen. Lower Level all 3 bedrooms (lying in bed) have panoramic views + Family room and large Wet Bar designed by Master Carpenter Architectural Digest Style Tuscan kitchen with a 6-Burner Viking Range, granite countertops, custom cabinetry, family room/book shelves, fireplace, powder room and laundry room with direct access to garage the kitchen also has both the Panoramic Views + view of the rose garden from bay window LOWER LEVEL: Country style family room with fireplace, large wet bar with Panoramic View, 3 good size bedrooms all have Panoramic Views + rear garden views! 2 bathrooms, one with a shower and the other with bathtub and shower. Below the rear garden are several fruit trees and lots of room on that large flat area to create a beautiful orchard.

List price: $1,899,000

6 Ringbit Road6 Ringbit Road Rolling Hills CA

(5br/7ba, 5498 sqft.)

Agent's Description:

Located down a long, private driveway, your personal paradise awaits! With panoramic ocean views from the living room, chef’s kitchen, family room and master suite, entertaining is a treat! A formal entry opens to the formal living room with vaulted ceiling, fireplace and large picture window. A long gallery leads you to the spacious formal dining room on one side, and the gourmet kitchen with huge center island and custom cabinetry on the other. The adjacent family room with fireplace and vaulted ceilings opens to the spacious backyard and entertaining patios. The sumptuous master suite has a fireplace, a luxurious master bathroom with soaking tub, a large walk-in closet, and a private laundry room. The entry level also includes, three additional bedrooms, each with its own bathroom, as well as a small nursery or office. Downstairs, you’ll find an incredible family room with fabulous wet-bar, a large laundry room, and a secluded guest suite with private bathroom. There’s even a massage room and salon-like bathroom! An attached, 3-car garage, hardwood floors and air-conditioning, are just a few of the many attributes. If you’re looking for your own, private utopia, this is it! 

List price: $3,999,000

Notable Sales of the Week

517 Via Almar517 Via Almar Palos Verdes Estates CA

(3br/4ba, 3030 sqft.)

Agent's Description:

If you are looking for a project with a 180 degree view of everything in lower Malaga Cove, then this is the place for you. Unobstructed views of the Queen's Necklace, white water, the whole Santa Monica Bay, city lights, and mountains will be yours forever! This Mid-century Modern needs lots of work but when you finish, it will be a priceless jewel No stairs to climb on the main level with a courtyard, front entry, master bedroom suite, upgraded kitchen, powder room, large living room with fireplace, and banks of glass and balcony for enjoying the spectacular vistas. The lower floor still has fantastic views and features three bedrooms and a family room/4th bedroom with second fireplace and two bathrooms. Direct access from the 2-car garage makes it just a few steps from the handsome kitchen with breakfast nook and more views. The backyard has a large covered patio and room for a pool if desired. Bring your imagination and your checkbook on this one!

Sold price: $2,542,000

6329 Tarragon Rd6329 Tarragon Rd Rancho Palos Verdes CA

(4br/5ba, 4267 sqft.)

Agent's Description:

Escape to this resort-like hideaway and enjoy breathtaking views of Santa Catalina Island and the peninsula coastline from nearly all quarters of this spacious residence. Located on an oversized, secluded private lot, this property offers a stunning aesthetic and tranquility. Enjoy grand ocean views from the entrance and throughout the entire home. The master bedroom is spacious and offers breathtaking ocean views. Master bathroom features oversized spa-like tub and large shower with views of the ocean. A beautiful remodeled kitchen, elevated ceilings, recessed lighting, three fireplaces, and bonus room with separate entrance and full kitchen complete this home. Located between two major resorts, Terranea Resort and Trump National Golf Club Los Angeles, this property abuts the Three Sisters Reserve affording a wealth of privacy. With a little updating, this property will be any families dream home.

Sold price: $1,865,000

 

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
6007 Woodfern Drive 5/5 6480 32919 $2,650,000 $409 0 $2,650,000 01/23/19
63 Paseo Del La Luz 5/7 8034 24408 $5,499,000 $684 0 $5,499,000 01/22/19
2140 W Toscanini Drive 4/3 2348 6302 $1,090,000 $464 1 $1,090,000 01/22/19
48 Via Capri 3/3 1393 264851 $790,000 $567 1 $790,000 01/22/19
999 Silver Spur Road 3/3 1904 37274 $849,000 $446 1 $849,000 01/21/19
40 Seaview Drive 3/3 1868 1584 $949,000 $508 1 $949,000 01/21/19
2553 Palos Verdes Drive 4/4 3473 24762 $1,695,000 $488 1 $1,695,000 01/21/19
26010 Rolling Hills Road 4/5 5394 25348 $2,790,000 $517 2 $2,790,000 01/20/19
3604 W Estates Lane 310 1/1 659 433780 $349,000 $530 4 $349,000 01/18/19
2950 Twin Harbors View Drive 6/9 7669 22097 $6,880,000 $897 5 $6,880,000 01/18/19
6529 Via Siena 3/2 2000 5857 $1,429,000 $715 5 $1,429,000 01/17/19
3200 La Rotonda Drive 415 1/1 982 242132 $640,000 $652 5 $640,000 01/18/19
1946 Upland Street 4/5 3466 11715 $1,399,000 $404 5 $1,399,000 01/17/19
27932 Ridgebrook Court 2/3 1079 272662 $680,000 $630 6 $680,000 01/16/19
3807 Crest Road 5/7 8533 20206 $3,995,000 $468 7 $3,995,000 01/15/19
35 Eastfield Drive 6/5 4470 58922 $2,950,000 $660 7 $2,950,000 01/15/19
27957 N Ridgecove Court 2/2 1163 695 $728,999 $627 8 $728,999 01/04/19
28121 Highridge Road 213 1/1 765 43075 $400,000 $523 8 $400,000 11/23/18
1384 Via Romero 6/6 6271 15713 $3,495,000 $557 8 $3,495,000 01/14/19
8 Quail Ridge Road 4/5 5604 224942 $4,999,999 $892 8 $4,999,999 01/14/19
19 Martingale Drive 5/5 4454 20056 $1,585,000 $356 9 $1,585,000 01/14/19
6 Ringbit Road 5/7 5498 133842 $3,999,000 $727 9 $3,999,000 01/13/19
7011 Purple Ridge Drive 4/3 1964 7281 $1,250,000 $636 10 $1,250,000 01/12/19
1005 Estrella Del Mar 2/3 1767 20983 $915,000 $518 11 $915,000 01/11/19
901 Deep Valley Drive 309 2/2 1240 91051 $650,000 $524 12 $650,000 01/10/19
28512 Vista Tierra 3/3 1462 185673 $600,000 $410 12 $600,000 01/11/19
15 Rockinghorse Road 5/5 3639 23781 $1,899,000 $522 13 $1,899,000 01/10/19

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
2833 Via Victoria 5/4 3982 15492 $2,349,000 $590 17 $2,349,000 01/06/19
2525 Via Campesina 206 2/2 1213 16809 $749,999 $618 28 $749,999 12/24/18
28314 Ridgefalls Court 117 2/2 1490 753582 $745,000 $500 13 $745,000 01/10/19
2037 W Crestwood Street 4/2 1512 8256 $599,000 $396 15 $599,000 01/07/19
3224 Palos Verdes Drive 4/2 1965 8309 $1,399,000 $712 66 $1,495,000 11/17/18
27915 Lomo Drive 4/2 1816 8450 $1,199,999 $661 82 $125,000 11/02/18
4140 Admirable Drive 3/3 1992 10792 $1,495,000 $751 2 $1,450,000 01/19/19
37 Cottonwood Circle 3/3 2184 1942 $860,000 $394 7 $860,000 12/08/18
1616 Granvia Altamira 3/2 2344 6859 $1,380,000 $589 219 $1,555,000 06/12/18
5360 Whitefox Drive 3/2 1358 12644 $899,000 $662 12 $899,000 12/29/18
3340 Via La Selva 4/4 2856 6919 $2,299,000 $805 60 $2,449,000 10/26/18
3409 Palos Verdes Drive 3/2 1469 8643 $1,399,000 $952 6 $1,399,000 01/16/19
6730 Abbottswood Drive 3/2 1460 7684 $1,029,000 $705 103 $1,149,000 09/06/18
1216 Via Zumaya 4/5 3867 22395 $2,088,000 $540 218 $2,250,000 06/18/18
1433 Via Cataluna 4/3 2171 8590 $1,749,000 $806 13 $1,749,000 01/02/19
11 Shadow Lane 6/4 4817 28548 $2,200,000 $457 3 $2,500,000 11/15/18
1271 Via Landeta 5/7 6828 15019 $2,995,000 $439 8 $2,995,000 01/14/19
3605 Via La Selva 4/4 2727 6836 $2,399,000 $880 8 $2,399,000 01/14/19
4630 Browndeer Lane 6/3 2711 11998 $1,250,000 $461 75 $1,395,000 11/02/18
3422 Palo Vista Drive 5/7 5652 15767 $3,000,000 $531 39 $3,000,000 11/30/18
27521 Fawnskin Drive 3/2 1878 7010 $1,099,000 $585 14 $1,099,000 01/03/19
4711 Sugarhill Drive 5/6 5076 18400 $2,745,000 $541 61 $2,745,000 11/15/18
32055 Pacifica Dr 5/5 4313 22740 $1,975,000 $458 13 $1,975,000 01/09/19
5245 Sunny Point Place 4/2 1670 9771 $1,399,800 $838 117 $1,499,500 09/17/18
2037 Beecham Drive 3/3 2029 5696 $1,025,000 $505 55 $1,025,000 11/28/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
5718 Ravenspur Drive 203 2/2 1483 31908 $565,000 $381 19 $599,000 01/22/19
51 Chandler Ranch Road 5/6 4740 11522 $4,038,949 $852 0 $3,850,000 01/18/19
5987 Peacock Ridge Road 110 3/2 1487 52296 $660,000 $444 52 $719,500 01/18/19
3604 W Estates Lane 112 0/1 440 433780 $284,000 $645 8 $279,000 01/17/19
3432 Seaglen Drive 4/2 1818 12116 $1,850,000 $1,018 8 $1,850,000 01/17/19
517 Via Almar 3/4 3030 6453 $2,542,000 $839 5 $2,475,000 01/17/19
29503 Quailwood Drive 5/3 2468 8993 $1,535,000 $622 4 $1,599,000 01/15/19
12 Upper Blackwater Cyn Road 7/9 11127 198173 $7,800,000 $701 154 $8,500,000 01/14/19
1356 Via Coronel 5/5 5130 17962 $3,600,000 $702 12 $3,895,000 01/11/19
5658 Ravenspur Drive 307 2/2 1362 25095 $587,000 $431 7 $599,000 01/11/19
30459 Ganado Drive 3/3 1874 64933 $1,620,000 $864 35 $1,650,000 01/11/19

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
2805 Palos Verdes Drive 4/3 2914 10069 $2,280,000 $782 117 $2,690,000 09/28/18
29858 Knoll View Drive 5/5 6243 15316 $2,995,000 $480 179 $3,499,000 07/28/18
11 Covered Wagon Lane 4/4 3024 12578 $1,849,000 $611 88 $1,895,000 10/25/18
30926 Oceangrove Drive 4/3 2566 15401 $2,095,000 $816 90 $2,549,000 10/24/18
1320 Via Romero 4/6 3000 7254 $3,850,000 $1,283 119 $3,995,000 09/25/18
6008 Flambeau Road 3/2 1874 7548 $1,039,000 $554 44 $1,100,000 12/01/18
3 Appaloosa Lane 6/9 9100 398253 $7,188,000 $790 278 $7,998,000 04/16/18
4115 Miraleste Dr. 4/3 3193 8501 $1,329,000 $416 153 $1,648,900 07/29/18
27137 Woodbrook Road 4/2 1890 13151 $1,275,000 $675 57 $1,350,000 11/26/18
3633 Via La Selva 3/3 2733 15573 $1,850,000 $677 99 $2,350,000 10/15/18
5044 Blackhorse Road 3/3 1896 11886 $1,269,000 $669 82 $1,297,000 11/01/18
5965 Peacock Ridge Road 201 2/2 1249 43075 $679,900 $544 69 $719,000 11/12/18
1408 Via Arco 4/4 5150 20803 $4,195,000 $815 69 $4,399,999 11/14/18
6305 Ridgeglade Court 3/3 2005 519949 $839,900 $419 56 $869,900 11/27/18
42 Empty Saddle Road 4/5 3845 33980 $2,695,000 $701 180 $3,145,000 07/26/18
3323 Crownview Drive 7/9 7587 32165 $3,895,000 $513 197 $3,998,000 07/10/18
1421 Via Davalos 4/4 3744 16408 $2,750,000 $735 56 $2,899,000 11/27/18
812 Via Conejo 7/9 7826 24815 $8,999,000 $1,150 79 $9,999,000 10/01/18
2720 Via Elevado 4/4 4919 21001 $3,100,000 $630 127 $3,400,000 09/17/18
30168 Avenida Tranquila 5/3 3633 13646 $1,790,000 $493 156 $2,169,000 07/07/18
3649 Navajo Place 4/4 3871 13384 $3,999,000 $1,033 49 $4,125,000 11/05/18

 

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