Palos Verdes Weekly Update (2/14/18)

Posted by South Bay Staff on Thursday, February 15th, 2018 at 8:56am.

Palos Verdes Weekly Real Estate Market Update

FEBRUARY 14, 2018

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

Palos Verdes Stats

Inventory: 134 active MLS listings in Palos Verdes (+3 from last week)

New listings this week: 14

Newly in escrow this week: 13

New closed sales this week: 3

New price cuts this week: 5

Featured New Listings of the Week

1 Buggy Whip Drive1 Buggy Whip Drive Rolling Hills CA

(9br/25ba, 51,000 sqft.)

Agent's Description:

Hacienda de la Paz, a millennium of art, architecture & engineering under one roof. Positioned on 7.4 acres, the Spanish estate designed by legendary architect Rafael Manzano Martos took 17 years to build and is the 36th largest residence built in the U.S. Perched 1100 ft. above LA on the Palos Verdes Peninsula in the guard-gated city of Rolling Hills; one of the safest & wealthiest cities in America. 180-degree panoramic views encompass the Pacific Ocean, beaches, downtown & the San Gabriel Mountains. Resort amenities include a 10,000-sq. ft. hamam spa, 15,000 sq. ft. grand ballroom (can accommodate a basketball court, indoor horse arena or car showroom), 2 tennis courts; indoor & outdoor, 2 swimming pools; indoor & outdoor, direct access to horse stables, arenas & 57 miles of equestrian trails, guesthouse, bocce court, gym, yoga room, wine cellar, catering kitchens, energy efficient geothermal heating & cooling, radiant heated flooring, elevators, 6 car garage & motor court.

List price: $40,000,000

35 Via Del Cielo35 Via Del Cielo Rancho Palos Verdes CA

(6br/8ba, 7220 sqft.)

Agent's Description:

Gorgeous bluff home in Oceanfront Estates! Unobstructed Ocean views for miles, enjoy watching the dolphins and whales swim by while you enjoy this sophisticated Mediterranean villa! With a resort like backyard, this is Southern California living at its best! Inside, the home has been freshly painted and is very neutral to help promote the breezy coastal living. Walk in to breathtaking ocean views, high ceilings, gorgeous moldings throughout, spacious living and bed rooms, updated light fixtures, gourmet kitchen with Viking appliances. A fabulous maid’s quarters with its own entrance, tank-less water heaters, AC, salt water pool, electrical car charger...

List price: $6,598,000

41 Santa Barbara Drive41 Santa Barbara Drive Rancho Palos Verdes CA

(5br/5ba, 3732 sqft.)

Agent's Description:

Situated in the private community of Island View, this gorgeous 5 bedroom, 4.5 bath traditional home exudes exceptional quality and fine workmanship. Built on a large corner lot with manicured landscaping & dramatic night lighting, this home, with great curb appeal, boasts a desirable floor plan featuring a 2 story high landing area, spacious living area, and huge flat backyard with pool/spa, large patio/lounge areas and grassy yard for family enjoyment or entertaining. ON THE MAIN LEVEL, there is a light and bright living room with soaring ceiling, crown molding, hardwood floor and fireplace with custom mantle. The formal dining room has large bay windows to take in the pool view outside. The gourmet kitchen has granite counter tops, garden windows and high-end stainless steel appliances. The cozy family room has a marble fireplace, surround sound and recessed lights. Besides, there is a guest suite conveniently located on this level. ON THE UPPER LEVEL, there is an elegant Master Suite with a cozy fireplace, 2 walk-in closets and a large master bathroom with his and hers vanity area. Besides, there is another bedroom en-suite, plus 2 other bedrooms that share a Jack and Jill bathroom. Other fine appointments at this property include: high ceiling, hardwood floor, extensive use of marble & granite, "Pella" double pane windows & doors, large bay windows, Venetian plaster walls & custom closets.

List price: $2,695,000

Notable Sales of the Week

42 Sea Cove Drive42 Sea Cove Drive Rancho Palos Verdes CA

(5br/5ba, 7954 sqft.)

Agent's Description:

Once in a lifetime, jaw-dropping location with the opportunity to live on the bluffs of RPV. Stunning, Unobstructed 180 degree ocean views with Abalone Cove, Portuguese Bend Point and Catalina Island as back drops! A one of a kind, custom-built cliff home with private path directly to shoreline. The infinity pool and hot tub highlight the fact that you are on the “edge of the world.” Sitting on a 31,804 sqft lot this home is designed for the most intimate dinner to the most grand scale catered event. Second 10K sqft parcel with access to shoreline comes with property. This master-crafted, gated 5 bed, 5 bath, 4-car garage home, was designed and built in 2002 by owners, with every inch and detail well thought out. Includes an outdoor patio kitchenette; lower level wine cellar w/ tasting room; enclosed atrium; walk-in butler's pantry and a loft with private balcony and exquisite views. A truly unique aspect of this home is the custom library constructed around a full-sized WWII periscope that enhances the ocean views and cliffs across the bay.

Sold price: $6,399,999

27705 Conestoga Drive27705 Conestoga Drive Rolling Hills Estates CA

(3br/3ba, 2592 sqft.)

Agent's Description:

Situated in the Prestigious Equestrian area of Rolling Hills Estates - one enters this resort like home to an expansive open living space with Red Oak hardwood floors. High ceilings with a wood burning fireplace made of reclaimed brick. This 2-story floor plan has an extra family room (bonus) on the top floor featuring front and rear balconies providing incredible views of city lights, hills and trees. This home offers a gourmet kitchen with newer stainless steel appliances, soft close custom cabinetry and island with Emerald Pearl granite counter tops. The large bay window washes the kitchen in all day natural warm light. The master suite with high ceilings and outside access provide privacy and comfort. The elegant master bathroom has a Hydro Systems jetted tub with special neck jets and in line heater. Large picture windows allow natural light to illuminate the interior of the home. Tiered backyard with flat area zoned to accommodate two horses with direct horse trail access from the rear of the property. Oversized driveway allows for parking of seven vehicles plus two in the garage.

Sold price: $1,395,000

26624 Indian Peak Road26624 Indian Peak Road Rancho Palos Verdes CA

(4br/2ba, 1682 sqft.)

Agent's Description:

FANTASTIC REMODELED VIEW HOME!!! Enjoy the ease of moving right into this stunningly remodeled home with a park like rear yard overlooking the LA Basin. The 4 bedroom floor plan is bright and airy and is accented with hardwood floors and recessed lighting. The large kitchen is a cooks dream with granite counters and newer appliances. The wonderful rear yard area is a rare find with beautiful trees, a large lawn area and deck for outdoor entertaining. The panoramic views cover the twinkling city lights from the Harbor to downtown Los Angeles.

Sold price: $1,310,000

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
2 Bowie Road 5/7 5035 41061 $4,380,000 $870 1 $4,380,000 02/10/18
2917 Via Alvarado 4/4 4136 9813 $2,475,000 $598 1 $2,475,000 02/10/18
1 Buggy Whip Drive 9/25 51000 322344 $40,000,000 $784 2 $40,000,000 02/09/18
2035 Trudie Drive 2/2 1543 5752 $849,000 $550 2 $849,000 02/09/18
3073 Crest Road 5/4 3322 21161 $1,700,000 $512 2 $1,700,000 02/09/18
9 Pepper Tree Lane 3/3 2546 229401 $1,375,000 $540 2 $1,375,000 02/09/18
35 Via Del Cielo 6/8 7220 27509 $6,598,000 $914 2 $6,598,000 02/09/18
3285 Crownview Drive 4/3 3816 35421 $1,795,000 $470 2 $1,795,000 02/09/18
41 Santa Barbara Drive 5/5 3732 18617 $2,695,000 $722 2 $2,695,000 02/09/18
2917 Palos Verdes Drive 4/3 2266 7846 $1,399,000 $617 2 $1,399,000 02/09/18
1105 Via Coronel 3/2 1631 6553 $1,345,000 $825 2 $1,345,000 02/09/18
1233 Via Romero 4/3 2902 14935 $1,999,500 $689 3 $1,999,500 02/08/18
2653 Via Olivera 4/4 2828 6548 $1,850,000 $654 3 $1,850,000 02/08/18
1 Anacapa 4/4 3286 21811 $2,895,000 $881 3 $2,895,000 02/08/18


NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
2262 Sunnyside Ridge Road 4/2 2426 34646 $1,288,000 $531 6 $1,288,000 02/05/18
26922 Eastvale Road 3/3 2255 28445 $1,575,000 $698 78 $1,595,000 11/24/17
5211 Willow Wood Road 3/2 1332 8031 $865,000 $649 2 $865,000 02/07/18
6526 Ocean Crest Drive A102 1/1 778 167165 $395,000 $508 37 $395,000 01/05/18
613 Via Del Monte 6/4 3422 13609 $3,495,000 $1,021 114 $3,495,000 10/17/17
1 Stagecoach Road 5/3 3611 18766 $1,899,000 $526 20 $1,899,000 11/06/17
1416 Via Coronel 5/6 5368 19643 $3,988,000 $743 104 $3,988,000 10/01/17
4140 Admirable Drive 3/3 1992 10793 $1,095,000 $550 7 $1,095,000 02/01/18
1405 Via Castilla 4/4 5109 15816 $2,988,888 $585 22 $2,988,888 01/17/18
2002 Jaybrook Drive 3/2 1258 6262 $899,900 $715 34 $899,900 01/08/18
4105 Maritime Road 3/2 1214 8790 $1,499,000 $1,235 14 $1,499,000 01/23/18
3 Cinnamon Lane 4/3 2550 25051 $1,925,000 $755 28 $1,925,000 01/14/18
1753 Addison Road 4/3 3000 10780 $2,450,000 $817 174 $2,450,000 08/21/17

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
26624 Indian Peak Road 4/2 1682 9116 $1,310,000 $779 54 $1,295,000 02/09/18
42 Sea Cove Drive 5/5 7954 31804 $6,399,999 $805 106 $6,825,000 02/08/18
27705 Conestoga Drive 3/3 2592 13928 $1,395,000 $538 194 $1,488,000 02/08/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
6044 Scotmist Drive 4/3 2166 8353 $1,288,000 $595 24 $1,328,000 01/18/18
28208 Palos Verdes Drive 4/3 3367 21884 $1,495,000 $444 18 $1,695,000 01/24/18
5068 Delacroix Road 4/3 2447 10128 $1,399,000 $572 142 $1,490,000 09/22/17
3629 Navajo Place 5/5 4013 9398 $2,400,000 $598 281 $2,499,000 05/06/17
25 Georgeff Road 4/4 3176 48862 $2,450,000 $771 250 $2,695,000 06/06/17

 

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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