Palos Verdes Update (12/12/18)

Posted by South Bay Staff on Wednesday, December 12th, 2018 at 10:04am.

Palos Verdes Real Estate Market Update

DECEMBER 12, 2018

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

Palos Verdes Stats

Inventory: 218 active MLS listings in Palos Verdes (-18 from last week)

New listings this week: 20

Newly in escrow this week: 24

New closed sales this week: 17

New price cuts this week: 10

Featured New Listings of the Week

29519 Stonecrest Road29519 Stonecrest Road Rancho Palos Verdes CA

(4br/3ba, 2052 sqft.)

Agent's Description:

Prepare to be amazed as you enter this remodeled 4 bedroom 3 bath home with an open-concept living space. You’ll love abundance of natural light, and appreciate the open and aesthetic flow throughout. The gourmet kitchen greets you with large center island perfect for family and friends to gather around, stainless steel appliances and ample cabinetry. Its other amazing features include stone framed fireplace in living room, interior LED lighting, gorgeous engineered wood floors, custom glass staircase railings, and Air Conditioning. Enjoy the resort feel backyard that includes sparkling pool, built inns; it is great for kids and entertaining friends and family. Your new home awaits - located in the highly desirable area of Rancho Palos Verdes and is within close proximity to schools, shopping, dining and nearby parks. 

List price: $1,399,000

5 Cayuse Lane5 CAyuse Lane Rancho Palos Verdes CA

(5br/5ba, 5082 sqft.)

Agent's Description:

Back on market. Been in escrow 4 times :( Appraised at $1,810,000 6-5-17. Brand new house + permitted two bedroom guest unit with separate entrance on .45 acre. 5392 sqft. of building + oversized 700 sqft. three car garage. Serene culdesac location with city and mountain views. Open floorplan with capacious rooms, high vaulted ceilings, picture windows, view balconies and lot's of natural light. West facing master, library, central air, recessed lighting, wired for ADT security, cable and wifi. Massive 15+ car driveway, and yard is south facing with room for pool. One block to George F. Canyon and Martingale Trailhead Park (direct access to endless trails behind the gates in Rolling Hills). Excellent schools: Dapplegray Elementary, Miraleste Middle and Peninsula High, 10, 9 & 10 on GreatSchools. Main house is 3948 + large bonus room (not included in assessed footage), guesthouse is 1134 sq.ft. 

List price: $1,495,000

6333 Via Colinita 6333 Via Colinita Rancho Palos Verdes CA

(4br/6ba, 3526 sqft.)

Agent's Description:

This Classic Spanish Colonial was custom built in 2007 situated near the top of Via Colinita one of Miraleste Hills most prestigious locations with a Panoramic City, Harbor and Ocean view. You'll appreciate the quality and workmanship as soon as you enter through custom 10 foot wrought iron and glass front doors into the formal entry with 12' high barrel ceilings, custom inlayed black marble in the Travertine floor. The amazing gourmet kitchen with large Island and plenty of seating, finished with black Galaxy granite counter tops boasts all stainless steel Viking appliances including confectioners over, warming oven and an additional wall oven, wine refrigerator and many other fine qualities. The master bedroom has custom built armories cast stone fireplace with French doors leading out to a covered veranda. Master bathroom has separate shower/steam room, jetted bath tub, granite counter tops marble flooring, separate vanity area with custom cabinetry and a huge walk-in closet. All four bedrooms are ensuite (own bathroom). Enjoy the perfect Miraleste climate relaxing in this Infinity edge pool with swim up reef and spa, imported hand carved Neptune features on the spa and wall fountains and built in barbeque. The lower backyard is undeveloped but has many possibilities such as putting green, fire pit with seating, vegetable garden or? Other features include built-in surround sound speaker system inside and out, sec. sys. with cameras, two custom fountain features. 

List price: $2,390,000

Notable Sales of the Week

29220 Whites Point Drive29220 Whites Point Drive Rancho Palos Verdes CA

(3br/2ba, 1925 sqft.)

Agent's Description:

GORGEOUS-Two Story home nestled in the heart of Rancho Palos Verdes. This BEAUTIFUL remodeled home has it all from the DESIGNER PERFECT bright-open floor plan & flow to the elegant finishes. The home offers a warm family home feel with ocean views, plenty of natural light throughout and an ENTERTAINERS DREAM of a rear yard. The newly designed/remodeled Chef's Kitchen offers plenty cabinet storage space, elegant counters and new stainless steel appliances. The Kitchen also features a sunny eat out pass through counter along with access to the side yard perfect for starting your day with that morning coffee. The lower level living space flows directly to the rear yard and boasts thick plank wood flooring, a Guest Bedroom and Bath, and access to the large Garage. The top level offers a spacious Master Bedroom with ocean views, a Guest Bedroom with direct access to the expansive viewing deck also featuring ocean views. Take notice of the remodeled upstairs Bath. The RESORT STYLE private rear yard is an extension of the beauty of this home complete with a gorgeous pool/spa and plenty of mature landscaping. Enjoy the pool year round as you'll appreciate the cost effectiveness the solar heating provides. Swim up to the patio and enjoy your favorite television show while relaxing in the pool. The yard is perfect for entertaining friends & family or enjoying a glass of wine with your favorite book complete. 

Sold price: $1,341,750

1417 Via Zumaya1417 Via Zumaya Palos Verdes Estates CA

(6br/7ba, 530 sqft.)

Agent's Description:

Breathtaking Unobstructable, Panoramic Ocean Views from almost every room. Located in Palos Verdes Estates in Upper Lunada Bay is this 6 bedroom/7 bath home over 4,500 sq. ft. The walled and gated courtyard entry includes pool, spa, and patio with fire pit. Walk in the front door and the first thing you see is the panoramic view of the ocean, coastline and city of Palos Verdes Estates. The entry level has living room, family room, dining room, and kitchen with breakfast nook. The lower level has all the bedrooms, including the master suite with large balcony, a media room, and a dance/workout room. The seller added over 800 sq. ft. of living area, permitted a previous room addition, and added garage space. Seller invested $500,000 in property since they purchased the property. 

Sold price: $2,435,000

 

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
28510 Vista Madera 3/3 1441 185673 $575,000 $399 0 $575,000 12/12/18
1356 Via Coronel 5/5 5130 17962 $3,895,000 $759 1 $3,895,000 12/10/18
19 Buckskin Lane 4/2 2016 67263 $1,895,000 $940 1 $1,895,000 11/19/18
6401 Ridgebyrne Court 103 3/3 2217 753582 $929,000 $419 1 $929,000 12/10/18
145 Rocky Point Road 5/6 5178 18417 $7,250,000 $1,400 1 $7,250,000 12/10/18
2144 Noble View Drive 3/3 2148 7960 $1,199,000 $558 2 $1,199,000 12/10/18
29519 Stonecrest Road 4/3 2052 8909 $1,399,000 $682 3 $1,399,000 12/08/18
2012 Paseo Del Mar 6/5 5450 21696 $4,998,000 $917 4 $4,998,000 12/07/18
30143 Matisse Drive 4/3 3706 15037 $2,500,000 $675 5 $2,500,000 12/07/18
3348 Corinna 4/2 1992 12710 $1,349,000 $677 5 $1,349,000 12/07/18
6333 Via Colinita 4/6 3526 9396 $2,390,000 $678 5 $2,390,000 12/06/18
5 Cayuse Lane 5/5 5082 19729 $1,495,000 $294 6 $1,495,000 12/05/18
51 Paseo Del La Luz 6/8 7841 32304 $5,200,000 $663 7 $5,200,000 12/04/18
2940 Via Alvarado 4/4 3467 7660 $3,299,000 $952 7 $3,299,000 12/04/18
6410 Ridgebyrne Court 2/2 1490 753582 $739,000 $496 9 $739,000 09/21/18
6008 Flambeau Road 3/2 1874 7548 $1,100,000 $587 10 $1,100,000 12/01/18
5 Peartree Lane 3/3 2028 2938 $1,099,000 $542 10 $1,099,000 12/01/18
5718 Ravenspur Drive 203 2/2 1483 31908 $599,000 $404 11 $599,000 11/30/18
10 Marguerite Drive 3/3 2404 46436 $3,500,000 $1,456 11 $3,500,000 11/30/18
2237 Carriage Drive 3/2 1656 15007 $999,000 $603 12 $999,000 11/29/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
65 Ranchview Road 4/3 3118 13211 $1,325,000 $425 99 $1,290,000 09/04/18
37 Hidden Valley Road 4/4 3558 20948 $2,695,000 $757 9 $2,695,000 12/01/18
6755 Kings Harbor Drive 4/4 2788 6833 $1,598,000 $573 39 $1,658,000 11/02/18
144 Aspen Way 2/2 1590 2084 $950,000 $597 8 $950,000 11/29/18
2701 Via Elevado 5/6 8847 146236 $18,900,000 $2,136 196 $18,900,000 05/29/18
3432 Seaglen Drive 4/2 1818 12116 $1,850,000 $1,018 8 $1,850,000 11/26/18
24 Shady Vista Road 3/3 3687 9438 $750,000 $203 76 $1,500,000 09/01/18
28277 Trailriders Drive 4/3 1816 7161 $1,380,000 $760 53 $1,380,000 10/10/18
28220 Highridge 101 3/3 1722 0 $999,000 $580 69 $999,000 09/26/18
2408 Via Sobrante 4/4 3115 15856 $1,599,000 $513 21 $1,599,000 11/15/18
1104 Palos Verdes Drive 3/2 1959 19158 $1,390,000 $710 20 $1,390,000 11/16/18
5316 Waupaca Road 4/2 1890 8721 $1,150,000 $608 21 $1,150,000 11/20/18
28 Encanto Drive 3/2 2112 16061 $1,399,000 $662 30 $1,399,000 08/30/18
28647 Vista Madera 3/3 1398 238445 $610,000 $436 18 $610,000 11/23/18
27136 Sunnyridge Road 2/3 2313 20997 $1,249,900 $540 88 $1,350,000 09/14/18
29641 S Western Avenue 102 2/2 1207 72593 $444,500 $368 53 $444,500 10/19/18
16 Pepper Tree Lane 3/4 2482 229401 $1,265,000 $510 4 $1,265,000 11/30/18
36 Phillips Ranch Road 4/5 3988 12001 $3,050,000 $765 131 $2,875,000 07/25/18
6044 Flambeau Road 3/2 1846 9280 $1,289,000 $698 85 $1,379,000 07/16/18
3528 Newridge Drive 4/3 4614 12260 $1,497,500 $325 201 $1,688,000 05/14/18
27004 Grayslake Road 3/2 1442 8249 $1,190,000 $825 54 $1,200,000 10/07/18
27105 Diamondhead Lane 4/3 2814 12182 $1,350,000 $480 3 $1,350,000 11/26/18
2714 Coral Ridge Road 3/3 2138 26376 $999,000 $467 10 $999,000 11/19/18
28007 Ridgebrook Court 2/3 1079 272662 $599,999 $556 26 $599,999 11/15/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
515 Via Almar 3/2 2314 6427 $2,280,000 $985 53 $2,495,000 12/12/18
27427 Larchbluff Drive 4/3 2310 9166 $1,370,000 $593 2 $1,295,000 12/11/18
3605 W Hidden Lane 212 0/1 440 433780 $307,000 $698 14 $309,000 12/11/18
2015 Trudie Drive 3/1 1054 5589 $759,000 $720 87 $819,000 12/10/18
29220 Whites Point Drive 3/2 1925 8920 $1,341,750 $697 15 $1,345,000 12/07/18
6829 Vallon Drive 4/3 2720 10123 $1,560,000 $574 39 $1,649,000 12/07/18
569 Via Almar 4/5 3496 6737 $3,100,000 $887 15 $3,200,000 12/07/18
2633 Via Valdes 4/4 3001 6707 $1,433,000 $478 38 $1,599,000 12/06/18
59 Paseo De Castana 4/4 4153 8329 $1,700,000 $409 155 $1,699,800 12/06/18
4319 Admirable Drive 3/3 1865 11796 $1,510,000 $810 102 $1,595,000 12/04/18
4016 Via Pavion 3/2 1600 8970 $1,423,500 $890 8 $1,495,000 12/03/18
36 Sea Cove Drive 2/2 1994 43449 $3,030,000 $1,520 64 $4,200,000 12/03/18
1417 Via Zumaya 6/7 4530 17491 $2,435,000 $538 155 $2,899,000 12/03/18
1608 Granvia Altamira 4/3 3387 8477 $1,640,000 $484 170 $1,999,800 12/01/18
5682 Mistridge Drive 5/4 2512 8946 $1,390,000 $553 27 $1,399,000 11/30/18
1708 Espinosa Circle 4/3 2439 7785 $1,480,000 $607 28 $1,499,900 11/30/18
43 Cottonwood Circle 2/3 2184 1935 $850,000 $389 9 $850,000 11/30/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
2545 Via Campesina 102 2/3 1540 0 $750,000 $487 30 $775,000 11/12/18
6520 Sandy Point Court 3/3 2712 4423 $1,495,000 $551 73 $1,535,000 09/29/18
4630 Browndeer Lane 6/3 2711 11998 $1,295,000 $478 39 $1,395,000 11/02/18
5987 Peacock Ridge Road 110 3/2 1487 52296 $679,000 $457 50 $719,500 10/22/18
6569 Via Lorenzo 4/3 2505 7265 $1,350,000 $539 110 $1,395,000 08/23/18
3118 Corinna Drive 4/2 1962 11800 $1,387,000 $707 244 $1,400,000 04/11/18
27760 Palos Verdes Drive 6/6 4360 24184 $1,500,000 $344 225 $1,995,000 04/27/18
5965 Peacock Ridge Road 201 2/2 1249 43075 $698,900 $560 29 $719,000 11/12/18
30926 Oceangrove Drive 4/3 2566 15401 $2,285,000 $890 48 $2,549,000 10/24/18
20 Paseo De Castana 4/5 4001 8477 $1,698,000 $424 104 $1,798,000 08/24/18 

 

Get More Palos Verdes Real Estate Info

See the latest Palos Verdes Housing Market Statistics, Prices and Trends.

See all Palos Verdes area real estate listings and neighborhood information. Or see only homes in Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills/Rolling Hills Estates.

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Plan your open house visits by reviewing our complete list of Palos Verdes Open Houses.

 

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