Palos Verdes Market Update (5/1/19)

Posted by South Bay Staff on Wednesday, May 1st, 2019 at 10:23am.

Palos Verdes Weekly Real Estate Market Update

MAY 1, 2019

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

Palos Verdes Stats

Inventory: 250 active MLS listings in Palos Verdes (+19 over last week)

New listings this week: 36

Newly in escrow this week: 45

New closed sales this week: 45

New price cuts this week: 37

Featured New Listings of the Week

27117 Grayslake Road27117 Grayslake Road Rancho Palos Verdes CA

(3br/2ba, 1472 sqft.)

Agent's Description:

All around incredible value! This very accessible and central PV home is tastefully remodeled and features a generous flat lot which sits up. The backyard faces West, allowing for maximum sunshine, fresh breezes, some shade with mature trees, and a huge grass yard/room for a pool. There is a driveway on the right which leads to a detached two-car garage with storage in the rear, great for a studio as well. Other features include hardwood floors, lovely built-in cabinets, a modern gas fireplace, HDTV w/ surround sound in the family/living room, a shaded patio, and laundry inside. Great access to all of PV, shopping, golf and the Terranea. Could be sold fully furnished; please inquire.

List price: $1,229,000

3321 Palos Verdes Drive3321 Palos Verdes Drive Palos Verdes Estates CA

(3br/2ba, 1603 sqft.)

Agent's Description:

Cape Cod charmer right in the heart of Valmonte complete with white picket fence. Picture perfect 3 bedroom / 2 bath single level with superb layout brings the outdoors in with a sprawling deck and secluded backyard offering privacy and tranquility. No expense spared during recent remodel which includes vaulted ceilings, recessed lighting, custom cabinets, top of the line appliances, and handmade tile complete with new plumbing and new windows and doors. Warm and inviting living room with stunning wet bar and multiple built-ins offer great storage and convenience. Spacious master with fireplace and serene master bath with walk in shower will make you feel like you are on a permanent vacation. Nothing missed here - you will absolutely fall in love.

List price: $1,695,000

1022 Calle Stellare1022 CAlle Stellare Rancho Palos Verdes CA

(2br/3ba, 2332 sqft.)

Agent's Description:

Welcome to Sol y Mar, a brand new 55+ luxury community perched high on the hill in prestigious Rancho Palos Verdes. The only senior complex in the South Bay to have a PRIVATE ELEVATOR inside the home. This 2017 built home has the largest floor plan with open concept living all on one floor, nine foot ceilings, light gray wood floors, home office or 3rd bedroom. Owners further updated home with custom drapes, shutters throughout, electric shades for patio doors, Aprilaire Air Filtration System, extra cabinetry in laundry, all windows are tinted. Designer kitchen has spacious center island with gleaming stone counters, upgraded Viking cooktop & microwave, walk in pantry, custom glass cabinet doors, soft close drawers and stainless steel appliances. Upgrades in master bathroom are porcelain tile surround for soaking tub, new fixtures, new toilets, designer mirrors to the ceiling with lights, shower in guest bathroom converted to tub with porcelain tile surround. Large master suite is brighten has lots of natural light, enormous walk in closet and hillside views. Entertain on the spacious patio deck with scenic views and lounge by the fireplace on cool nights. Homeowners enjoy exclusive access to many amenities featuring an upscale clubhouse, fitness room, spa, manicured walking trails, community garden, dog park, firepit, bocce ball and many sitting areas to take in the expansive city views. Garage has newly built storage cabinets and ceiling fan. 

List price: $1,195,000

Notable Sales of the Week

3732 Via La Selva3732 Via La Selva Palos Verdes Estates CA

(4br/5ba, 3552 sqft.)

Agent's Description:

Brand new construction!! Here’s your chance to purchase Valmonte’s newest home! Scheduled to be completed in February of 2019, this Cape Cod beauty has it all… Four spacious bedrooms, each with a private bathroom, a large living room, separate formal dining room, and a spectacular great room with gourmet kitchen including Sub-Zero and Wolf appliances, adjacent breakfast room, and an expansive family room, which opens to the ample backyard. There's even a peek of city lights view! Hardwood floors, crown molding, and numerous decorator touches throughout ensures that this custom home ticks all the right boxes!

Sold price: $3,050,000

6007 Woodfern Drive6007 Woodfern Drive Rancho Palos Verdes CA

(5br/5ba, 6480 sqft.)

Agent's Description:

If you are looking for a project with sweeping 180 degree unobstructed views of ocean, Queen's necklace, coastline and spectacular city lights, then this is the place for you. See Malibu, the Hollywood sign, downtown, mountains, across this wide horizon, from your personal oasis. At the end of a cul de sac, this 3/4 acre lot with backyard slope has views from every room and loads of potential. Original owner's home for over 40 years in original 1976 condition and first time on the market. Needs lots of work but when you finish, it will be a priceless jewel. No stairs to main level master suite, spacious living, dining and family rooms with charming bridge to courtyard pool and patio, pool bathroom, powder room, viewing balconies, laundry room and direct access 3 car garage. Three fireplaces with banks of glass for enjoying the spectacular vistas; incredible upper floor billiard room and office views; terrific lower floor bedrooms and game room views. Builder Joe Sing, Designer Steve Reiman. Highly desirable location top of Rancho Palos Verdes, with shopping, restaurants, exceptional schools. Engineering report available. Sq Ft not accurate, tax record states 6,480 sq ft, 2015 appraisal states 5,771 sq ft, buyer to investigate. Offered as a "fixer" so bring your imagination/contractor. 

Sold price: $2,339,000

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
28305 Ridgefalls Court 123 3/3 2219 753582 $920,000 $415 0 $920,000 04/19/19
30340 Ganado Drive 3/3 1878 10032 $1,549,000 $825 0 $1,549,000 05/02/19
3112 Palos Verdes Drive 3/3 2348 6840 $1,799,000 $766 0 $1,799,000 05/02/19
7114 Crest Rd 4/3 3437 13289 $1,599,000 $465 0 $1,599,000 05/02/19
28121 Ridgethorne Court 38 3/3 2067 753582 $999,000 $483 0 $999,000 05/02/19
27117 Grayslake Road 3/2 1472 8055 $1,229,000 $835 1 $1,229,000 05/01/19
3311 Starline Drive 4/4 2524 21962 $2,100,000 $832 1 $2,100,000 05/01/19
10 Seaview Drive South 3/3 1794 1428 $855,000 $477 2 $855,000 05/01/19
1022 Calle Stellare 2/3 2332 0 $1,195,000 $512 2 $1,195,000 04/30/19
49 Via Malona 5/6 4397 10044 $2,149,000 $489 2 $2,149,000 04/30/19
1703 Paseo La Cresta 5/7 6645 30248 $5,499,999 $828 2 $5,499,999 04/30/19
2275 Sparta Drive 3/3 2132 13849 $1,285,000 $603 3 $1,285,000 04/29/19
3321 Palos Verdes Drive 3/2 1603 8619 $1,695,000 $1,057 3 $1,695,000 04/29/19
63 Paseo Del La Luz 5/7 8034 24408 $5,298,000 $659 3 $5,298,000 04/29/19
3604 W Estates Lane 1/1 659 433780 $375,000 $569 3 $375,000 04/29/19
2231 Carriage Drive 3/2 1512 15519 $1,079,000 $714 3 $1,079,000 02/27/19
3540 Seaglen Drive 6/3 2794 11752 $1,499,000 $537 3 $1,499,000 04/01/19
6 Avenida De Azalea 4/4 3927 7387 $1,899,000 $484 3 $1,899,000 04/29/19
6716 Locklenna Ln 5/3 2968 7546 $1,599,000 $539 3 $1,599,000 04/29/19
17 Sorrel Lane 4/3 2387 17067 $1,889,000 $791 3 $1,889,000 04/29/19
27039 Indian Peak Road 3/2 1442 10564 $1,025,000 $711 3 $1,025,000 04/29/19
1609 Via Garfias 4/4 2769 6563 $2,890,000 $1,044 3 $2,890,000 04/29/19
27817 Hawthorne Boulevard 3/2 1318 7708 $1,090,000 $827 3 $1,090,000 04/29/19
2132 Paseo Del Mar 5/7 7628 28560 $4,900,000 $642 4 $4,900,000 09/10/18
21 Hillcrest Manor 4/4 3396 23114 $2,598,000 $765 4 $2,598,000 04/28/19
6935 Brookford Dr 4/2 1939 7560 $1,075,000 $554 4 $1,075,000 04/29/19
1616 Paseo Del Mar 5/4 3315 16481 $4,085,000 $1,232 4 $4,085,000 04/28/19
1600 Via Barcelona 5/5 5294 14987 $3,250,000 $614 5 $3,250,000 04/27/19
28636 Vista Madera 3/3 1441 238445 $665,000 $461 6 $665,000 04/26/19
26819 Westvale Road 3/3 2194 25703 $1,700,000 $775 6 $1,700,000 02/22/19
5 Cayuse Lane 5/6 5082 19748 $1,250,000 $246 6 $1,250,000 04/26/19
4053 Via Pavion 4/4 2827 10943 $2,425,000 $858 6 $2,425,000 04/26/19
4078 Rousseau Lane 5/3 3104 22477 $1,838,000 $592 6 $1,838,000 04/26/19
6 Sorrel Lane 3/2 1952 11885 $1,549,000 $794 6 $1,549,000 04/26/19
27636 Eldena Drive 4/2 1790 6177 $998,000 $558 6 $998,000 04/26/19
26643 Whitehorn Drive 4/2 1816 14092 $1,375,000 $757 7 $1,375,000 04/25/19

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
28200 Ambergate Drive 4/2 1786 7753 $979,000 $548 10 $979,000 04/22/19
4121 Miraleste Drive 4/3 2374 8100 $1,389,000 $585 10 $1,389,000 04/22/19
29177 Oceanridge Drive 5/4 3028 9192 $1,650,000 $545 15 $1,650,000 04/12/19
11 Via Veneta 3/3 2282 264851 $1,150,000 $504 12 $1,150,000 04/20/19
2812 Paseo Del Mar 6/9 7188 20771 $5,485,000 $763 32 $5,485,000 03/31/19
6005 Groveoak Place. 4/2 1670 8795 $1,219,000 $730 24 $1,239,000 03/31/19
2220 Potrillo Rd 3/2 2062 17969 $1,265,000 $613 45 $1,299,000 03/15/19
29 W Crest 6/7 6283 87001 $5,490,000 $874 191 $5,900,000 10/23/18
3158 Crownview Drive 3/3 2632 20314 $1,599,888 $608 11 $1,599,888 04/22/19
27139 Grayslake Road 4/3 2071 8492 $1,245,000 $601 7 $1,245,000 04/22/19
50 Encanto Drive 4/2 1586 16227 $1,150,000 $725 8 $1,150,000 04/22/19
2120 Via Pacheco 3/2 1716 11396 $1,425,000 $830 6 $1,425,000 04/26/19
2228 Via Cerritos 7/11 18227 63077 $8,488,000 $466 4 $8,488,000 03/18/19
3633 Via La Selva 3/3 2733 15573 $1,850,000 $677 199 $2,350,000 10/15/18
26447 Birchfield Avenue 3/2 1291 8875 $1,161,000 $899 21 $1,161,000 04/11/19
6150 Arrowroot Lane 3/2 1658 14651 $1,375,000 $829 19 $1,375,000 04/13/19
5066 Silver Arrow Drive 4/3 2276 12669 $1,395,000 $613 15 $1,395,000 04/17/19
3324 Seaclaire Drive 4/4 3212 13084 $2,499,000 $778 17 $2,499,000 04/15/19
3340 Palos Verdes Drive 3/4 2692 28271 $1,599,000 $594 14 $1,599,000 04/18/19
2444 Via Sonoma 3/2 2145 12013 $1,439,000 $671 9 $1,439,000 04/17/19
2 Singletree Lane 3/3 3142 20120 $1,375,000 $438 15 $1,375,000 04/17/19
6248 Monero Drive 3/2 1738 9137 $1,250,000 $719 11 $1,250,000 04/15/19
4205 Via Alondra 3/3 2162 6945 $1,449,000 $670 14 $1,449,000 04/15/19
30358 Via Rivera 4/3 2779 10260 $1,490,000 $536 40 $1,490,000 03/23/19
6516 Nancy Road 4/5 2955 10463 $1,499,000 $507 10 $1,499,000 04/15/19
2405 Via Sonoma 4/4 3107 12845 $2,250,000 $724 84 $2,250,000 02/07/19
420 Via Almar 4/3 3165 10150 $2,750,000 $869 31 $2,850,000 02/05/19
385 Palos Verdes Drive 4/3 2597 10070 $2,148,000 $827 61 $2,299,000 02/23/19
3601 W Hidden Lane 207 1/1 659 433780 $368,500 $559 24 $368,500 04/08/19
1800 Via Estudillo 4/3 2533 5949 $1,829,000 $722 14 $1,899,000 04/10/19
3302 Deluna Drive 5/4 2300 20264 $1,975,000 $859 9 $1,975,000 04/15/19
28730 Gunter Road 3/2 1245 5700 $875,000 $703 31 $875,000 03/06/19
88 Aspen Way 2/2 1590 2074 $809,000 $509 17 $809,000 04/15/19
37 Sycamore Lane 3/2 1590 2603 $805,000 $506 11 $805,000 04/08/19
2424 Via Carrillo 4/2 2329 9753 $1,749,000 $751 48 $1,749,000 02/04/19
6410 Via Baron 4/5 4645 4941 $1,990,000 $428 20 $1,990,000 04/12/19
901 Deep Valley Drive 214 1/1 820 91051 $499,000 $609 35 $499,000 03/28/19
3448 Tanglewood Lane 5/4 3223 32077 $1,990,000 $617 40 $1,990,000 03/23/19
4256 Via Alondra 4/4 3208 7743 $1,499,000 $467 30 $1,525,000 03/21/19
37 Dapplegray Lane 4/4 3000 44165 $2,599,000 $866 43 $2,599,000 03/20/19
2209 Daladier Drive 3/4 5185 55233 $4,100,000 $791 84 $4,100,000 02/07/19
2225 Via Guadalana 3/3 2573 16038 $2,799,000 $1,088 17 $2,799,000 04/15/19
17 Santa Bella Road 5/4 3263 30422 $2,595,000 $795 56 $2,595,000 02/22/19
3817 Palos Verdes Dr 3/2 1717 9238 $1,478,000 $861 24 $1,478,000 04/08/19
27604 Longhill Drive 4/2 1670 7342 $1,099,000 $658 19 $1,099,000 04/13/19

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
3732 Via La Selva 4/5 3552 8409 $3,050,000 $859 6 $2,995,000 05/01/19
28359 San Nicolas Drive 4/3 2517 12061 $2,200,000 $874 12 $2,145,000 05/01/19
3144 Barkentine Road 3/4 3275 13978 $1,850,000 $565 4 $1,799,000 05/01/19
3200 La Rotonda Drive 506 2/2 1373 0 $690,000 $503 191 $749,000 05/01/19
29641 S Western Avenue 116 2/2 1455 72443 $405,000 $278 6 $395,000 05/01/19
56 Via Porto Grande 5/5 4331 10419 $2,255,000 $521 9 $2,099,000 05/01/19
6007 Woodfern Drive 5/5 6480 32919 $2,339,000 $361 70 $2,650,000 05/01/19
3917 Via Solano 3/2 1690 7317 $1,410,000 $834 48 $1,499,000 04/30/19
6930 Larkvale Drive 3/2 1504 8144 $1,060,000 $705 49 $1,089,000 04/30/19
2321 Via Carrillo 5/5 3219 10119 $2,299,000 $714 42 $2,295,000 04/30/19
28015 Lomo Drive 3/2 1607 8249 $1,143,000 $711 37 $1,175,000 04/30/19
3909 Via Picaposte 3/3 2037 12139 $2,050,000 $1,006 11 $1,999,000 04/30/19
6542 Ocean Crest Dr. B309 2/2 1068 167123 $540,000 $506 9 $540,000 04/30/19
28110 Ridgefern Court 53 2/2 1490 753582 $765,000 $513 18 $745,000 04/30/19
7011 Purple Ridge Drive 4/3 1964 7281 $1,180,000 $601 64 $1,250,000 04/30/19
28121 Highridge Road 213 1/1 765 43075 $385,000 $503 62 $400,000 04/30/19
5833 Flambeau Road 3/2 1604 13593 $1,225,000 $764 21 $1,249,000 04/30/19
5538 Littlebow Road 3/2 1472 10678 $1,175,000 $798 8 $1,175,000 04/30/19
38 Buckskin Lane 4/3 2274 17037 $1,650,000 $726 3 $1,649,000 04/26/19
30229 Via Victoria 3/2 2126 9994 $1,555,000 $731 5 $1,525,000 04/26/19
1835 Caddington Drive 63 3/2 1282 127123 $640,000 $499 43 $599,000 04/26/19
1560 Via Leon 4/3 3884 16013 $2,030,000 $523 382 $2,599,000 04/26/19
26315 Barkstone Drive 4/2 2016 11338 $1,411,750 $700 20 $1,485,000 04/25/19
3602 W Estates Lane 105 1/1 659 433780 $362,000 $549 12 $369,000 04/25/19
29137 Covecrest Drive 4/4 3485 14563 $2,600,000 $746 7 $2,350,000 04/24/19
32614 Coastsite Drive 304/d 2/2 1565 753046 $810,000 $518 3 $775,000 04/24/19
3741 Coolheights Drive 4/3 2474 12757 $1,285,000 $519 26 $1,299,000 04/24/19
6008 Flambeau Road 3/2 1589 7548 $945,000 $595 126 $1,100,000 04/23/19
2641 Via Carrillo 4/3 1857 9127 $1,375,000 $740 92 $1,469,000 04/23/19
564 Via Media 3/4 3054 6707 $2,775,000 $909 133 $2,999,000 04/23/19
100 Terranea Way 19-201 2/3 1940 328923 $1,800,000 $928 109 $1,995,000 04/23/19
2822 Colt Road 5/8 5916 41599 $4,235,000 $716 56 $4,495,000 04/22/19
11 Seaview Drive South 3/3 1858 1639 $845,000 $455 14 $859,000 04/22/19
143 Cottonwood Circle 2/3 1961 1351 $819,000 $418 1 $819,000 04/22/19
949 Via Rincon 7/8 5616 16081 $4,758,000 $847 11 $4,999,000 04/22/19
28635 Mount Shasta Drive 3/3 1768 6848 $875,000 $495 309 $975,000 04/22/19
1967 Galerita Drive 3/2 1479 6369 $1,000,000 $676 7 $975,000 04/22/19
10 Georgeff Road 3/3 3954 48781 $2,180,000 $551 405 $2,525,000 04/20/19
2720 Via Elevado 4/4 4919 21001 $2,900,000 $590 168 $3,400,000 04/19/19
3648 Palos Verdes Drive 3/2 1648 6694 $1,255,000 $762 148 $1,299,000 04/19/19
26206 Grayslake Road 4/3 1890 12381 $1,530,000 $810 10 $1,568,800 04/19/19
6526 Ocean Crest Drive A308 0/1 431 167165 $370,000 $858 6 $350,000 04/19/19
28503 Rothrock Drive 3/2 1780 11503 $1,490,000 $837 93 $1,599,000 04/19/19
6401 Ridgebyrne Court 103 3/3 2217 753582 $910,000 $410 42 $929,000 04/19/19
1420 Via Mateo 4/3 3532 15044 $2,300,000 $651 0 $2,300,000 04/18/19

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
19 Pepper Tree Lane 3/4 2482 229401 $1,265,000 $510 66 $1,280,000 02/26/19
1819 Avenida Feliciano 4/2 1790 7203 $969,000 $541 25 $989,000 04/07/19
11 Coach Road 4/4 2717 23007 $1,248,000 $459 120 $1,428,000 01/02/19
3608 W Estates Lane A 3/3 1748 199134 $755,000 $432 32 $790,000 03/31/19
4112 Palos Verdes Drive 3/3 2122 5149 $1,450,000 $683 20 $1,600,000 04/12/19
30306 Diamonte Lane 7/5 7843 22993 $2,980,000 $380 46 $3,175,000 03/17/19
1621 Granvia Altamira 5/4 3239 15082 $2,249,000 $694 38 $2,300,000 03/25/19
2940 Via Alvarado 4/4 3467 7660 $3,125,000 $901 149 $3,299,000 12/04/18
6529 Via Siena 3/2 2000 5857 $1,379,000 $690 105 $1,429,000 01/17/19
5 Reata Lane 3/3 2257 53981 $1,695,000 $751 80 $1,795,000 02/11/19
6333 Via Colinita 4/6 3526 9396 $2,290,000 $649 147 $2,390,000 12/06/18
2851 Via Victoria 3/5 4691 15515 $2,595,000 $553 71 $2,848,888 02/20/19
26526 Mazur Drive 5/3 3245 7839 $1,590,000 $490 36 $1,700,000 03/27/19
1712 Espinosa Circle 3/3 2196 8823 $1,450,000 $660 43 $1,499,999 03/20/19
5065 Delacroix Road 5/3 2318 7849 $1,499,000 $647 24 $1,525,000 04/08/19
33 Shady Vista Road 5/5 3260 20285 $2,299,000 $705 34 $2,399,000 03/18/19
1717 Addison Road 2/2 1897 9080 $1,420,000 $749 62 $1,495,000 03/01/19
28025 Lobrook Drive 4/4 2851 11585 $1,588,000 $557 13 $1,695,000 04/19/19
1428 Via Coronel 5/5 3744 15545 $2,297,000 $614 35 $2,298,000 03/28/19
3422 Palo Vista Drive 5/7 5652 15767 $2,599,000 $460 139 $3,000,000 11/30/18
26761 Eastvale Road 4/5 2593 25805 $2,000,000 $771 33 $2,198,000 03/30/19
28009 Ridgebluff Court 3/3 1478 278270 $825,000 $558 49 $839,000 03/14/19
4300 Via Azalea 5/2 2454 10807 $1,695,000 $691 342 $2,268,000 05/23/18
28730 Golden Meadow Drive 5/3 2755 9046 $1,400,000 $508 25 $1,599,000 04/07/19
2053 W Macarthur Street 4/2 1409 7220 $799,000 $567 33 $888,000 03/30/19
3649 Navajo Place 4/4 3908 13384 $3,699,000 $947 149 $4,125,000 11/05/18
28928 Crestridge Road 5/6 5072 20464 $2,750,000 $542 24 $2,799,999 04/08/19
28914 Gunter Road 3/2 1913 6148 $948,900 $496 51 $959,000 03/12/19
14 Peacock Lane 5/4 3731 17893 $2,299,000 $616 31 $2,499,000 04/01/19
28178 Ridgecove Court 3/3 1595 419923 $749,500 $470 72 $899,000 02/19/19
1 Sweetgrass Lane 4/5 2640 21866 $1,849,000 $700 55 $1,999,000 03/08/19
3536 Newridge Drive 4/3 2661 17825 $1,349,000 $507 40 $1,385,000 03/23/19
624 Via Del Monte 5/3 2171 9397 $2,195,000 $1,011 30 $2,295,000 04/02/19
2124 Palos Verdes Drive 4/5 3488 8374 $1,499,999 $430 52 $1,600,000 03/11/19
2126 Palos Verdes Drive 4/5 3619 8374 $1,499,999 $414 52 $1,600,000 03/11/19
15 La Vista Verde Drive 3/3 2008 24767 $1,089,000 $542 50 $1,128,000 03/11/19
27051 Shorewood Road 3/2 1606 11663 $1,225,000 $763 62 $1,250,000 03/01/19

 

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