Palos Verdes Update (12/26/18)

Posted by South Bay Staff on Wednesday, December 26th, 2018 at 11:55am.

Palos Verdes Real Estate Market Update

DECEMBER 26, 2018

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

Palos Verdes Stats

Inventory: 194 active MLS listings in Palos Verdes (-24 from last week)

New listings this week: 3

Newly in escrow this week: 13

New closed sales this week: 7

New price cuts this week: 7

Featured New Listings of the Week

28015 Lomo Drive28015 Lomo Drive Rancho Palos Verdes CA

(3br/2ba, 1607 sqft.)

Agent's Description:

Welcome to this beautifully renovated home with magnificent curb appeal. From the moment you drive up the paved driveway this home has a wonderful, inviting feel. Step inside the front door and you are greeted with a spacious open floor plan featuring wood floors throughout the common areas of the home. The living room and dining area give way to a recently remodeled kitchen (2018) with a Bosch gas cook top on the large island that has room to seat 4 people. The kitchen also features a built in microwave and a new wall oven replaced during the remodel. Next to the kitchen as part of the open floor plan is a great family room with built in cabinets and direct access door to the 2 car garage and laundry area. From the dining room you enter the green, very private, park like backyard through a set of double French Doors with large side lights that fill the home with natural light and give a great view of the calming backyard. From the living room, that has a wood burning gas fireplace, the hallway leads to the bedrooms that all had new carpet installed 1 year ago. The master bedroom features a large bay window which looks out to the backyard. The master bath features a Jacuzzi whirlpool tub, shower and vanity with under mount sink. The 2nd & 3rd bedrooms have windows that look out to the well manicured front yard. The 2nd bathroom also features a full tub/shower combo and cute vanity. This home is in the sought after PV School District and is ready for a new owner to move in.

List price: $1,259,000

26659 Westvale Road26659 Westvale Road Palos Verdes Peninsula CA

(3br/3ba, 2103 sqft.)

Agent's Description:

Amazing family home in the semi-private Westfield neighborhood of Palos Verdes Peninsula. Sellers have upgraded this turnkey home throughout including: kitchen, baths, front entry porch overhang, tankless water heater, crown moldings & baseboards, granite counters, recessed lighting, cabinetry, beautiful oak hardwood flooring, dual pane windows, garage door, exterior hardscaped patio (with in ground spa), BBQ Island, and large grassy area. This Home features 2 Bedrooms, 2 baths, separate office, kitchen with butler pantry, open and spacious great room & dining rooms with vaulted ceilings, formal living room with fireplace, and mancave with it's own fireplace, all on ground level. Upstairs boasts the Master Bedroom & Bath Suite with large private balcony with huge views of the South Bay, Mountains, City Lights, and lush local treetops. Commutable convenient and nearby to Peninsula Center, tennis, hiking & horse trails, and PV Schools. This is a Winner!!

List price: $1,498,000

 

Notable Sales of the Week

16 Pepper Tree Lane16 Pepper Tree Lane Rolling Hills Estates CA

(3br/4ba, 2482 sqft.)

Agent's Description:

Great Rolling Hills Estates Newer development! Gorgeous 3 Bedroom 4 Bathroom home with approx. 2500 sq. ft. of living space. Upgraded Kitchen with Granite Countertops and open concept. Wood floors throughout with tile in bathrooms and kitchen. 3 large bedrooms upstairs with a private on suite bathroom for each bedroom and large closets. Upstairs washer and dryer hook ups. Large 2 car garage with additional parking spot. Central AC and Heating. Private community with low traffic and community park for the kids to play. Private gated back yard with Patio. Walking distance to Ralphs and Chase. Close to Los Verdes Golf Course, Golden Cove, and Terranea. Award winning PV Schools. Come see this great home before its gone! 

Sold price: $1,265,000

3528 Newridge Drive3528 Newridge Drive Rancho Palos Verdes CA

(4br/3ba, 4614 sqft.)

Agent's Description:

Amazing Views, Amazing Space, Amazing Value with this Turnkey Chester Smith custom home located on a quiet cul de sac drive in Rancho Palos Verdes. The panoramic views stretch from the LA and Long Beach harbors to the mountains to the ocean and down the Orange County coastline. Enter this beautiful home through double doors that lead you to first of two family rooms with adjoining game room and full service wet bar, two bedrooms and a fully family bathroom, a workshop and/or office space, and full laundry room with additional storage and sink. Follow the beautiful oak staircase up to the second level of the home featuring Master Suite with walk-in closet, remote controlled fireplace and En-Suite bath, additional bedroom or office, spacious living area, separate formal dining room, the second family room with fireplace and open concept to island kitchen & additional eating area. Enjoy the views from the walls of windows form most every room upstairs, or dine al fresco from one to the two terraces. The home boasts three fireplaces, high ceilings, central heat and air conditioning, many green features including electronically controlled exterior shutters, solar panels, and tankless water heater. Local schools with the highest ratings, excellent walking score, and did I mention the Views!!

Sold price: $1,480,000

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. 

Sold price: $1,699,000

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
28015 Lomo Drive 3/2 1607 8249 $1,259,000 $783 1 $1,259,000 12/26/18
26659 Westvale Road 3/3 2103 19014 $1,498,000 $712 7 $1,498,000 12/20/18
1328 Via Gabriel 3/3 2242 11751 $1,399,000 $624 8 $1,399,000 12/10/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
28510 Vista Madera 3/3 1441 185673 $525,000 $364 5 $575,000 12/12/18
51 Chandler Ranch Road 5/6 4740 11522 $3,850,000 $812 0 $3,850,000 12/26/18
37 Eastfield Drive 3/3 1904 63683 $1,500,000 $788 441 $1,950,000 10/12/17
1020 Estrella Del Mar 2/2 1742 0 $799,000 $459 70 $870,000 10/17/18
14 Limetree Lane 4/2 2400 40808 $1,075,000 $448 193 $1,289,000 06/04/18
37 Hidden Valley Road 4/4 3558 20948 $2,695,000 $757 21 $2,695,000 12/01/18
10 Marguerite Drive 3/3 2404 46436 $3,500,000 $1,456 24 $3,500,000 11/30/18
6352 Via Colinita 4/3 2882 17325 $1,298,000 $450 104 $1,495,000 09/14/18
19 Buckskin Lane 4/2 2016 67263 $1,895,000 $940 10 $1,895,000 11/19/18
3605 W Hidden Lane 315 2/2 951 433609 $479,900 $505 76 $479,900 10/12/18
1356 Via Coronel 5/5 5130 17962 $3,895,000 $759 17 $3,895,000 12/10/18
5658 Ravenspur Drive 307 2/2 1362 25095 $599,000 $440 13 $599,000 12/14/18
30459 Ganado Drive 3/3 1874 64933 $1,650,000 $880 35 $1,650,000 11/16/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
6833 Abbottswood Drive 4/3 2738 8186 $1,559,000 $569 8 $1,559,000 12/26/18
6 Buckskin Lane 4/4 2294 8102 $1,699,000 $741 13 $1,699,000 12/25/18
3528 Newridge Drive 4/3 4614 12260 $1,480,000 $321 201 $1,688,000 12/24/18
4178 Pascal Place 6/8 7870 13770 $2,800,000 $356 62 $3,200,000 12/21/18
915 Via Panorama 4/5 5064 31000 $4,800,000 $948 175 $7,300,000 12/20/18
2445 Via Sonoma 4/4 3354 16868 $1,900,000 $566 208 $2,349,000 12/20/18
24 Shady Vista Road 3/3 3687 9438 $852,000 $231 76 $1,500,000 12/20/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
5316 Waupaca Road 4/2 1890 8721 $1,140,000 $603 38 $1,150,000 11/20/18
26841 Eastvale Road 3/3 2264 11925 $1,260,000 $557 94 $1,350,000 09/24/18
2571 Via Campesina A 2/2 1335 11672 $695,000 $521 104 $719,900 09/14/18
6305 Ridgeglade Court 3/3 2005 519949 $859,900 $429 30 $869,900 11/27/18
6440 Chartres Drive 7/7 4802 14874 $2,490,000 $519 49 $2,690,000 11/08/18
4005 Via Campesina 5/6 3975 9203 $3,600,000 $906 8 $3,700,000 12/19/18
1821 Caddington Drive 10 2/2 1156 127123 $560,000 $484 57 $580,000 10/31/18

 

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.

See the Palos Verdes Dashboard for up-to-the-minute info on all the listings and activity in the local real estate market.

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

 

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