Palos Verdes Weekly Update (2/21/18)

Posted by South Bay Staff on Wednesday, February 21st, 2018 at 6:19am.

Palos Verdes Weekly Real Estate Market Update

FEBRUARY 21, 2018

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

Palos Verdes Stats

Inventory: 150 active MLS listings in Palos Verdes (+16 over last week)

New listings this week: 12

Newly in escrow this week: 6

New closed sales this week: 8

New price cuts this week: 4

Featured New Listings of the Week

1629 Via Margarita1629 Via Margarita Palos Verdes Estates CA

(4br/4ba, 4348 sqft.)

Agent's Description:

Tucked away in the quiet hills of prestigious Palos Verdes Estates, this immaculate multi-level Tuscany-inspired villa features a formal foyer, a bright great room and dining room, a fully-equipped kitchen, a home office, reading nooks, wine tasting room, wrought iron railings, high-quality built-in cabinetry, detailed travertine and real hardwood floors throughout. Covering almost half an acre, the lot is encompassed by mature trees and well-manicured privacy hedges. Along with a spacious outdoor lounge area complete with s built-in grill and fireplace, this property boasts verdant landscaping, a swimming pool and spa, a motor court, a expansive lawn and plenty of space for a playground and organic edible garden. This property is located in a quiet, upscale neighborhood near grassy parklands and award-winning schools. 

List price: $3,799,000

3422 Palo Vista Drive3422 Palo Vista Drive Rancho Palos Verdes CA

(5br/6ba, 5652 sqft.)

Agent's Description:

Enjoy Resort style living on the dramatic Palos Verdes Coastline. This Mediterranean Estate sized home with a desirable floorplan offers Panoramic Ocean, Catalina and Trump National Golf Course views from most Rooms. Built in 1991 there are 5 Bedrooms, 4 Bathrooms + 2 Guest Baths, Family Room, and Entertainment Room in 5,652 sq. ft on a 15,783 sq.ft. lot. Natural light pours in the south facing windows and French doors. The floorplan takes advantage of the lot with most of the living areas opening onto the backyard patio to enjoy Spectacular Views and indoor / outdoor entertaining. The Double door entry with tasteful chandeliers offer immediate views of the ocean. The elegant living room with high ceilings, fireplace, and French doors open onto the balcony. The Huge Entertain Room has a built in bar area and beverage refrigerator. The Over sized Family Room with Ocean Views opens onto the kitchen & breakfast nook & has sliding doors onto the patio. The modern kitchen with island includes top of the line stainless steel appliances. The dining area with a buffet counter has plentiful cabinets. The Master bath has panoramic views from spa tub and shower.

List price: $3,500,000

48 Santa Barbara Drive48 Santa Barbara Drive Rancho Palos Verdes CA

(4br/5ba, 4606 sqft.)

Agent's Description:

This Catalina Islands and panoramic ocean-view Island View house is straight out of a fairy tale! Completely remodeled throughout, this split-level home is stunning down to the last detail. Walk through the door to find an elegant living room with fireplace, formal dining room, and stately built-in bookshelves. The gourmet kitchen is perfect for everyday family use as well as larger gatherings and entertaining, with a 47” subzero fridge, high-end appliances and large center island. The sprawling family room features a fireplace, bar area and balcony overlooking the pool. Four spacious bedrooms, plus a nook/loft area that is perfect as a study area or office. The master bedroom is absolutely luxurious, with a sitting area, fireplace, his and her walk-in closets and a magnificent master bath. The backyard is like a built-in vacation resort with pool, spa, built-in outdoor BBQ, and of course spectacular ocean views. Hardwood floors, newer windows and English-style roof, air conditioning, 3-car attached garage with excellent storage and so much more.

List price: $2,995,000

Notable Sales of the Week

27339 Eastvale Rd.27339 Palos Verdes Peninsula CA

(5br/3ba, 3294 sqft.)

Agent's Description:

One of a kind, gorgeous home! Be prepared to to fall in love! Huge open floor plan which showcases the "resort style" living. Wonderful family home with impressive double door entry, which opens the Living Room and Dining room, fireplace, Brazilian cherry wood floors and great views! Steps into the impressive light and bright kitchen, with 6 burner gas cooktop, double ovens, warming oven, country kitchen sink, Big Island with light stone counter tops. Huge views, city, mountain and ocean. This Private Grand resort estate boats a salt water pool, waterfall from the spa,with several playful outdoor swings! Completed with a full Custom BBQ station area (refrigerator, wine cooler, ice cubes, outdoor sink area too! Basically one level home and level lot.

Sold price: $1,945,000

5407 Meadowdale Lane5407 Meadowdale Lane Rancho Palos Verdes CA

(4br/4ba, 2585 sqft.)

Agent's Description:

Location, location, location! This is your chance to own in a highly sought after neighborhood of Rancho Palos Verdes. Located on the end of a quiet cul-de-sac, this blank canvas is waiting for you to unleash it's immense potential. This sprawling one-level home offers a beautiful view, ample living and entertaining spaces, and plenty of privacy. The open floor plan offers a generous amount of natural light and will gracefully accommodate family and guests. The half-acre lot provides a huge front yard that wraps around the property and continues into the back yard, perfect for family activities.

Sold price: $1,390,000

2552 Palos Verdes Drive2552 Palos Verdes Drive Palos Verdes Estates CA

(3br/2ba, 2220 sqft.)

Agent's Description:

Mid-Century modern with open floorplan with lots of natural light and comfortable living. This home was extensively remodeled in the last three years including kitchen with new cabinets, granite counters and stainless steel appliances and the bathrooms have new tubs, showers, sinks and vanities. There is new manufactured wood floorings throughout the home, a new forced air furnace, and newer windows and interior doors. A floor to ceiling fireplace separates the living room and family room. Sliding doors lead out to the sparkling pool and HUGE backyard creating a feeling of indoor/outdoor living and is the perfect setting for entertaining. The detached garage was converted by a previous owner to a large recreation room. Superb location in the heart of Lunada Bay...

Sold price: $1,285,000

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
1629 Via Margarita 4/4 4348 20756 $3,799,000 $874 0 $3,799,000 02/18/18
5539 Bayridge Road 3/2 1292 7746 $1,250,000 $967 0 $125,000 02/17/18
3422 Palo Vista Drive 5/6 5652 15783 $3,500,000 $619 1 $3,500,000 02/16/18
6 Via Majorca 3/3 2006 303488 $888,000 $443 1 $888,000 02/16/18
6542 Ocean Crest Dr. B309 2/2 1068 167123 $535,000 $501 1 $535,000 02/16/18
100 Terranea Way 13-301 3/4 2530 328923 $1,825,000 $721 2 $1,825,000 02/15/18
48 Santa Barbara Drive 4/5 4606 14059 $2,995,000 $650 2 $2,795,000 02/16/18
100 Terranea Way 19-201 2/3 1940 328923 $1,995,000 $1,028 2 $1,995,000 02/15/18
4117 Via Picaposte 4/3 1752 7932 $1,750,000 $999 2 $1,750,000 02/15/18
29641 S Western Avenue 104 2/2 1207 72593 $439,000 $364 2 $439,000 02/15/18
2970 Twin Harbors View Drive 5/8 6279 16017 $3,950,000 $629 2 $3,950,000 02/15/18
2051 W Summerland Street 3/2 1841 7476 $989,000 $537 2 $989,000 02/15/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
29060 Clevis Road 4/3 2134 31743 $1,499,999 $703 4 $1,499,999 02/12/18
1020 Via Mirabel 4/5 3725 15360 $2,399,999 $644 31 $2,399,999 01/17/18
5505 Eau Claire Drive 4/2 1890 8239 $1,300,000 $688 15 $1,300,000 02/02/18
6070 Woodfern Drive 4/4 3729 12242 $2,389,000 $641 5 $2,389,000 02/09/18
20 Santa Barbara Drive 4/3 3420 14133 $2,299,000 $672 7 $2,299,000 02/07/18
27036 Woodbrook Road 3/2 1812 7891 $1,238,000 $683 9 $1,238,000 02/05/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
27339 5/3 3294 19546 $1,945,000 $590 95 $2,550,000 02/16/18
3601 W Hidden Lane 114 0/1 440 433780 $295,000 $670 13 $288,000 02/16/18
28605 Golden Meadow Drive 4/2 2016 9008 $1,150,000 $570 0 $1,125,000 02/16/18
2571 Via Campesina A 2/2 1335 11707 $584,000 $437 51 $699,000 02/16/18
2552 Palos Verdes Drive 3/2 2220 12297 $1,285,000 $579 168 $1,675,000 02/15/18
2632 Via Pacheco 3/2 1576 8083 $1,379,000 $875 20 $1,379,000 02/15/18
5407 Meadowdale Lane 4/4 2585 20821 $1,390,000 $538 8 $1,250,000 02/15/18
27037 Woodbrook Road 4/2 2382 11618 $1,165,000 $489 7 $1,175,000 02/15/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
912 Via Del Monte 5/4 3418 18837 $2,590,000 $758 40 $2,700,000 01/08/18
1005 Estrella Del Mar 2/3 1767 0 $959,000 $543 111 $975,000 10/09/17
8 Quail Ridge Road 4/5 5604 224905 $5,888,888 $1,051 75 $6,150,000 12/04/17
28 Chuckwagon Road 4/3 3008 35512 $2,095,000 $696 24 $2,195,000 01/24/18

 

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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