Palos Verdes Market Update (5/8/19)

Posted by South Bay Staff on Wednesday, May 8th, 2019 at 10:00am.

Palos Verdes Weekly Real Estate Market Update

MAY 8, 2019

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

Palos Verdes Stats

Inventory: 268 active MLS listings in Palos Verdes (+18 over last week)

New listings this week: 33

Newly in escrow this week: 14

New closed sales this week: 17

New price cuts this week: 20

Featured New Listings of the Week

28320 Lomo Drive28320 Lomo Drive Rancho Palos Verdes CA

(5br/3ba, 2330 sqft.)

Agent's Description:

This home boasts a rare five bedroom layout with two stories in the centrally located Los Verdes area of Rancho Palos Verdes. The front of this home offers a beautiful stucco and brick exterior finish, red Spanish tiled roof, Vinyl windows and sliders, Laminate wood flooring and newer carpet with a large two car garage. The foyer leads you into an impressive formal living room and dining room with a traditional brick fireplace to snuggle up next to on a cold night. The family room has a breakfast area off the kitchen with a nice size pantry. There is Direct garage access from the kitchen to make getting in and out of your home a breeze. All 5 bedrooms are located on the second floor so you can enjoy the nice peek-a-boo ocean views from the front three rooms. The master suite overlooks the expansive backyard. The updated sliding glass doors lead out to the huge private backyard which is perfect for a summer BBQ, Alfresco dining, playing Soccer, basketball, riding bikes or maybe build that tree house you always wanted. This wonderful family home has a fantastic floor plan, is close to beaches. Walking distance to the highly-desirable and award-winning Palos Verdes Schools, golf courses, shopping, parks, dining, and entertainment. A truly amazing house in a spectacular location of Rancho Palos Verdes that won't last. Welcome home!

List price: $1,249,900

1308 Palos Verdes Drive1308 Palos Verdes Drive Palos Verdes Estates CA

(4br/3ba, 3263 sqft.)

Agent's Description:

UNBLOCKABLE OCEAN VIEW!! Please watch drone video!! Comprehensively remodeled, just move in! Stroll to seaside cliffs in this new lifestyle. Views from Redondo to Malibu! Why be up the hill? Location saves time on & off the hill? No need to lay out kite string to help guests find your new home. A 7,000 square foot home approaching completion next door and another across the street should propel values! Speaking of up, check out the top level nearly flat chunk of our property (could possibly accommodate an Accessory Dwelling Unit or tennis court)check with city and PVE Homes Association. Dramatically remodeled kitchen with quartz counters, massive Vigo stainless steel chef's sink, a huge island, an enticing Viking 6-burner gas cook-top and D/W + cabinetry with raised-panel, self-closing doors! All stainless steel kitchen appliances! Recessed lights! Living room w/ sit-down ocean views & fireplace reminiscent of the Ahwahnee Hotel in Yosemite. It's huge! Two other fireplaces (family room and master bedroom)! All windows replaced in 1992-93 and in last 30-days those facing the ocean were replaced. All flooring is contemporary and beautiful (the kitchen floor looks like wood). A Klarstein Wine Cooler keeps the after hours fun-time fuel at the perfect temperature! Raised panel doors throughout, bathrooms have quartz counters. Tank-less water heater and copper plumbing. Close to shopping, schools and restaurants. Back of of lot abuts a protected public preserve (no building!). 

List price: $2,288,000

27516 Sunnyridge Road27516 Sunnyridge Road Palos Verdes Peninsula CA

(3br/2ba, 2031 sqft.)

Agent's Description:

Come home to this recently remodeled home and enjoy entertaining, relaxing and quiet evenings sitting poolside, gazing at the beautiful, sweeping city views. After unwinding in the privacy of your backyard, stroll through the orchard to pick lemons, grapefruit, avocados and oranges. Situated on 3/4 of an acre of land with 3 horse stalls and corral, this home will also be the perfect home for your horse(s). With easy access to riding trails, you will be minutes away from an afternoon ride. All the beauty on the outside is equally reflected on the inside. Quartz countertops throughout, state-of-the-art appliances, Life Proof Luxury vinyl flooring with 50 year guarantee, and air conditioning, add the perfect touches to this unique home. Enjoy a community tennis court just 2 houses away. With open living and kitchen space leading to expansive views of the backyard and pool, this beauty is a one-of-a-kind property. 

List price: $1,576,000

Notable Sales of the Week

2424 Via Carrillo2424 Via CArrillo Palos Verdes Estates CA

(4br/2ba, 2329 sqft.)

Agent's Description:

Spectacular TURN-KEY single-level home on a picturesque street in one of Lunada Bay's finest locations. 4 bed, 2 bath 2,329 SF home with light and bright, well-designed, open floor plan. Large almost 10,000 SF street-to-street lot! Remodeled throughout with exquisite taste and attention to every detail (see Features Sheet in supplemental). Fabulous gourmet kitchen with top-of-the-line Wolf & Bosch stainless appliances, to satisfy the chef in everyone! Huge center island to accommodate 4 stools for easy family dining. Large open great room, dining and den - leading to great entertainment patio for optimal in-door/out-door layout. Wood burning fireplaces in living room & den. Wonderful master suite with luxurious en-suite bathroom - frame-less over-sized shower, soaking tub & lots of closets. Master has sliding door to own private patio & grassy yard! All bedrooms are large, 2 with cozy lofts for optimal use of space! Abundant indoor/outdoor living spaces with multiple viewing decks, large patio with barbecue area off living room & den – perfect for entertaining guests and quality living. Prime location - close to Lunada Bay Park for community events such as summer concert series/harvest festivals, walk to award winning PV schools, local shops, restaurants, walking trails and ocean bluffs. Move right in and enjoy Palos Verdes living at its best!

Sold price: $1,725,000

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
2501 Via Olivera 4/4 4504 10733 $2,700,000 $599 0 $2,700,000 05/09/19
6632 Locklenna Lane 5/3 3008 16380 $1,849,000 $615 0 $1,849,000 05/08/19
1657 Cataluna Place 4/4 2963 13390 $1,798,000 $607 0 $1,798,000 05/08/19
28623 N Enrose Avenue 3/2 1856 6250 $985,000 $531 1 $985,000 05/07/19
28876 King Arthur Court 5/4 4249 9991 $2,199,000 $518 1 $2,199,000 05/07/19
32410 Nautilus Drive 8/8 6327 12857 $3,450,000 $545 2 $3,450,000 05/06/19
1036 Via Fortuna 4/3 2088 14360 $1,849,000 $886 2 $1,849,000 05/06/19
6429 Via Colinita 4/4 2920 8119 $1,450,000 $497 2 $1,450,000 05/06/19
31055 Via Rivera 3/3 2540 13914 $1,850,000 $728 2 $1,850,000 05/06/19
16 Hillcrest Meadows 4/3 2811 479561 $1,470,000 $523 2 $1,470,000 05/06/19
27117 Whitestone Road 4/2 1890 7154 $1,235,000 $653 2 $1,235,000 05/06/19
4017 Via Campesina 4/2 1967 8447 $1,675,000 $852 2 $1,675,000 05/06/19
2323 Daladier Drive 3/3 2724 24472 $1,998,000 $733 3 $1,998,000 05/06/19
2330 Daladier Drive 5/4 3168 26252 $2,950,000 $931 3 $2,950,000 05/06/19
15 Rockinghorse Road 5/5 3639 23781 $1,795,000 $493 3 $1,795,000 05/06/19
28320 Lomo Drive 5/3 2330 7964 $1,249,900 $536 3 $1,249,900 05/06/19
30051 Knoll View Drive 5/3 2844 21028 $1,749,000 $615 3 $1,749,000 05/05/19
27516 Sunnyridge Road 3/2 2031 32950 $1,576,000 $776 3 $1,576,000 05/05/19
34 Chuckwagon Road 4/4 3028 69682 $3,100,000 $1,024 3 $3,100,000 05/05/19
2301 Via Alamitos 4/3 2273 7473 $1,499,999 $660 4 $1,499,999 05/04/19
20 Phillips Ranch Road 4/5 3988 11350 $2,875,000 $721 4 $2,875,000 05/04/19
32 Santa Bella Road 4/3 2370 25599 $1,499,000 $632 4 $1,499,000 03/11/19
73 Via Del Cielo 5/10 5399 25844 $4,590,000 $850 5 $4,590,000 05/03/19
1308 Palos Verdes Drive 4/3 3263 18344 $2,288,000 $701 5 $2,288,000 05/04/19
2433 Via Sonoma 5/5 3781 23883 $2,980,000 $788 5 $2,980,000 05/03/19
2061 W Macarthur Street 3/3 1486 7246 $1,150,000 $774 5 $1,150,000 05/03/19
8 Aurora Drive 4/3 2040 16242 $1,499,995 $735 5 $1,499,995 05/03/19
1950 Jaybrook Drive 3/1 1448 5889 $804,000 $555 5 $804,000 05/03/19
2322 Palos Verdes Drive 103 2/2 1171 21242 $689,000 $588 5 $689,000 05/03/19
6932 Starstone Drive 5/3 2266 7989 $1,475,000 $651 5 $1,475,000 05/03/19
28305 Ridgefalls Court 123 3/3 2219 753582 $920,000 $415 6 $920,000 04/19/19
30340 Ganado Drive 3/3 1878 10032 $1,549,000 $825 6 $1,549,000 05/02/19
3112 Palos Verdes Drive 3/3 2348 6840 $1,799,000 $766 6 $1,799,000 05/02/19

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
7114 Crest Rd 4/3 3437 13289 $1,599,000 $465 3 $1,599,000 05/02/19
4112 Palos Verdes Drive 3/3 2122 5149 $1,450,000 $683 26 $1,600,000 04/12/19
6716 Locklenna Ln 5/3 2968 7546 $1,599,000 $539 9 $1,599,000 04/29/19
3932 Via Nivel 3/2 1712 6098 $1,395,000 $815 19 $1,395,000 04/19/19
6935 Brookford Dr 4/2 1939 7560 $1,075,000 $554 7 $1,075,000 04/29/19
4232 Via Alondra 4/2 1780 6913 $1,499,000 $842 28 $1,499,000 04/08/19
3200 La Rotonda Drive 415 1/1 982 242132 $640,000 $652 110 $640,000 01/18/19
1621 Granvia Altamira 5/4 3239 15082 $2,249,000 $694 44 $2,300,000 03/25/19
15 Strawberry Lane 3/3 3036 35424 $2,500,000 $823 20 $2,500,000 04/18/19
3901 Via Pavion 3/3 1847 7263 $1,395,000 $755 51 $1,425,000 03/11/19
29948 Knoll View Drive 4/4 2623 12467 $1,549,000 $591 20 $1,549,000 04/18/19
28500 Palos Verdes Drive 4/3 3038 26953 $2,545,000 $838 50 $2,545,000 03/17/19
5700 Ravenspur Drive 101 2/2 1240 36702 $499,399 $403 37 $499,399 04/01/19
28200 Ambergate Drive 4/2 1786 7753 $979,000 $548 16 $979,000 04/22/19

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
2201 Via Carrillo 3c 2/2 1840 11455 $805,000 $438 18 $769,900 05/09/19
6236 Lochvale Drive 4/3 2672 8010 $1,361,000 $509 4 $1,375,000 05/09/19
82 Dapplegray Lane 4/3 2858 10856 $1,640,000 $574 18 $1,650,000 05/08/19
1821 Caddington Drive 9 2/2 1156 127123 $560,000 $484 32 $569,000 05/08/19
61 Oceanaire Drive 3/4 3120 64202 $2,885,000 $925 9 $2,895,000 05/08/19
2909 Palos Verdes Drive 2/2 1987 7745 $1,250,000 $629 108 $1,299,000 05/07/19
32724 Coastsite Drive 304 2/2 1565 753046 $985,000 $629 62 $988,000 05/07/19
1606 Espinosa Circle 4/4 4219 10928 $3,200,000 $758 86 $3,380,000 05/07/19
145 Rocky Point Road 5/6 5178 18417 $6,300,000 $1,217 117 $7,250,000 05/07/19
2049 Santa Rena Drive 4/2 1762 7687 $1,112,500 $631 50 $1,150,000 05/07/19
30229 Kingsridge Drive 3/2 1992 8072 $925,000 $464 29 $989,000 05/06/19
2271 Estribo Drive 4/3 2405 19546 $2,025,000 $842 8 $1,948,000 05/03/19
28014 Ridgeforest Court 3/3 1817 519949 $859,000 $473 35 $859,000 05/03/19
30734 Rue De La Pierre 5/4 2226 17054 $1,908,000 $857 38 $1,999,000 05/03/19
30358 Via Rivera 4/3 2779 10260 $1,399,000 $503 32 $1,490,000 05/03/19
83 Dapplegray Lane 3/2 1918 28804 $1,095,000 $571 0 $1,095,000 05/03/19
2424 Via Carrillo 4/2 2329 9753 $1,725,000 $741 48 $1,749,000 05/03/19

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
27671 Eastvale Road 4/3 3192 21013 $1,815,000 $569 27 $1,898,000 04/12/19
30322 Camino Porvenir 4/3 2608 10960 $1,399,999 $537 29 $1,499,999 04/09/19
2046 Chandeleur Drive 3/2 1983 15078 $1,175,000 $593 37 $1,199,000 04/02/19
1 Sweetgrass Lane 4/5 2640 21866 $1,794,000 $680 61 $1,999,000 03/08/19
1 Maverick Lane 4/4 3081 107848 $3,298,800 $1,071 23 $3,699,800 04/15/19
2053 W Macarthur Street 4/2 1409 7220 $785,000 $557 39 $888,000 03/30/19
7 Chesterfield Road 4/4 4000 361601 $4,790,000 $1,198 103 $5,150,000 01/25/19
3029 Via Borica 4/3 2906 7961 $1,795,000 $618 27 $1,895,000 04/12/19
812 Via Conejo 7/9 7826 24815 $8,499,000 $1,086 185 $9,999,000 10/01/18
2305 Via Acalones 3/3 2301 10482 $1,998,000 $868 75 $2,298,000 02/23/19
1428 Via Coronel 5/5 3744 15545 $2,199,000 $587 41 $2,298,000 03/28/19
26761 Eastvale Road 4/5 2593 25805 $1,999,000 $771 39 $2,198,000 03/30/19
3458 Via Campesina 4/5 3773 33928 $2,399,000 $636 47 $2,680,000 03/22/19
28914 Gunter Road 3/2 1913 6148 $919,000 $480 57 $959,000 03/12/19
16 Rockinghorse Road 5/6 5386 22404 $2,599,000 $483 120 $2,799,000 01/08/19
1930 Homeworth Drive 2/1 1181 5869 $740,000 $627 48 $769,000 03/21/19
1717 Addison Road 2/2 1897 9080 $1,399,000 $737 68 $1,495,000 03/01/19
19 Pepper Tree Lane 3/4 2482 229401 $1,265,000 $510 72 $1,280,000 02/26/19
1819 Avenida Feliciano 4/2 1790 7203 $969,000 $541 31 $989,000 04/07/19
11 Coach Road 4/4 2717 23007 $1,248,000 $459 126 $1,428,000 01/02/19

 

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