Palos Verdes Weekly Update (2/28/18)

Posted by South Bay Staff on Wednesday, February 28th, 2018 at 8:44am.

Palos Verdes Weekly Real Estate Market Update

FEBRUARY 28, 2018

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

Palos Verdes Stats

Inventory: 161 active MLS listings in Palos Verdes (+11 over last week)

New listings this week: 20

Newly in escrow this week: 16

New closed sales this week: 9

New price cuts this week: 5

Featured New Listings of the Week

1414 Paseo La Cresta1414 Paseo La Cresta Palos Verdes Estates CA

(7br/9ba, 9851 sqft.)

Agent's Description:

Up a long and circular driveway is where you will find “Versailles on the Hill”, this landmark estate on a spacious appx. 1-acre lot was designed to feel like you are “10 miles West of Versailles”. The recently redecorated interior of this nearly 10,000 square foot residence blends visionary design, bespoke attention to detail, and contemporary elegance, truly bright and open!! In addition to 7 BR and 11 BA, there are a grand formal living room and family room with 2-story ceilings, spacious dining area, state of the art chef’s French country Kitchen includes large 6” solid Maple Butcher Block island and Wolf and Subzero appliances, hidden study and gym, wine cellar, movie theater, game room pub and library. The open floor plan allows the main living areas to capture breathtaking views of the ocean, city, sunset and tranquil picturesque landscaped views. Outstanding amenities include a master retreat with a luxurious spa-like bathroom, 7 fireplaces, 10 chandeliers in superior quality and style, about 50 sconces/post lights in/outdoors, beautiful custom cabinetry, sparkling pool & spa, and a full built-in outdoor BBQ kitchen. Despite its scale and grandeur, the home remains warm and inviting, making it a unique retreat for intimate family life that is also appropriate for large-scale entertaining. This is a rare property that will satisfy the discerning buyer. Can never be duplicated at this price!

List price: $8,399,000

6 Chesterfield Road6 Chesterfield Road Rolling Hills CA

(5br/6ba, 5902 sqft.)

Agent's Description:

Nestled in the privacy of Rolling Hills is a true gem in this exclusive 24-hour guard-gated community. As you roll along its horseshoe driveway and enter the foyer, you will find a gorgeous home with high cathedral ceilings, ample natural light flowing thru the skylights in the foyer, kitchen, and den, and travertine tile & CocoBoo wood hallway floors providing style & extreme durability. The formal living, dining, & spacious family rooms open out to the most expansive, unobstructed, spectacular views of the ocean & city lights combined, making it easy to feel as if your Idaho Quartz deck with a lovely pool extends to the rest of nature around you. Its welcoming kitchen is custom-designed with a wet bar, walk-in pantries, top-of-the-line appliances, including 3 ovens & 2 dishwashers. This 5-bed, 6-bath property also features a fitness & a media room downstairs, complete with its own ENT system, wine chiller, & sauna. The airy Master Suite, that opens out to the backyard, boasts sheer & blackout motorized window shades, 1 of 3 remote-controlled fireplaces, a bonus room (currently used as his walk-in closet), & her walk-in closet. All of its 5,902 SF of living space was created for maximum comfort and ENT: *11 heating & cooling zones *One-touch Smart home setup for lights and audio *Outdoor sound system *Auto drip irrigation system. With a state-of-art, smart home like this with such splendid surroundings, you will truly feel like you're living on top of the world.

List price: $5,375,000

2720 Via Elevado2720 Via Elevado Palos Verdes Estates CA

(4br/4ba, 4919 sqft.)

Agent's Description:

Enter up the sweeping driveway to find a huge courtyard & entrance to this timeless & elegant estate. There are many rare & unusual features to this home redesigned by Hollywood architect Gerard Colcord. Once inside the expansive entryway & walking up the impressive staircase, you will see to the right, a Mezzanine; used by the previous owner as an office & library. To the left is the Salon which looks over treetops to the ocean, coastline & mountains, & features a vaulted open beamed ceiling, fireplace, & a magnificent hand-carved wood bar. Down from the Living Room is a spacious wine cellar. All four bedrooms are on the main level, as well as 3 bath rooms. In the Master Bed Room is a His & Hers dressing area on either side of the main bath room, making it very private but cozy. On the other side of this first level is the kitchen, eating area, & the "Ivy Room" with large windows overlooking the sunlit courtyard. On this side is also where you'll find the 4th bed & bath, previous Maid's Quarters. Beyond that is the utility & laundry area & access to the three car garage. A stairway accessible from street level serves as a service entrance, & leads up the right hand side of the home to the secondary utility, laundry, & garage access doors. Please note the custom leaded glass in several of the windows which create outstanding mosaics of light when the sun plays through them. Also, don't miss the Lion from the Hearst Castle who keeps an outdoor watch over the property. 

List price: $3,990,000

Notable Sales of the Week

1405 Via Castilla1405 Via CAstilla Palos Verdes Estates CA

(4br/4ba, 5109 sqft.)

Agent's Description:

AWESOME HOUSE!!! VIEW, VIEW, VIEW !!!! Upper Lunada Bay Contemporary Mediterranean Beauty. Located on a peaceful double cul de sac street, with it's on Parkette! Unobstructed Panoramic HUGE Coastline, Ocean, Surf, Catalina and Hills view from nearly every room throughout this magnificent Mediterranean Estate. Upper floor flows seamlessly from the large and spacious ocean view living room, with high ceilings, to the large sumptous family room both with big ocean view decks/patios, each w/their own magnificent fireplace. Marble & new mahogany wood flooring connects to a luxurious dining room, wet bar, BIG open dine in center island kitchen, new stainless steel appliances. The sun pours in from an abundance of windows and french doors, Family/Living and all bedrooms have their own ocean view balconies! This 5100 sq ft estate boasts 4 spacious bedroom suites, each with its own privatel attached full bath, totaling 5 baths altogether. Master suite w/stylish fireplace, an outdoor Jacuzzi w/ocean view and a large private balcony, leading to the backyard filled with citrus and fruit trees. ATTN LADIES (2) YES TWO HUGE WALK IN CLOSETS! Large Master bath, double vanities, his and her toilets, connecting to private large backroom, dry sauna (COULD BE A THIRD GIANT CLOSET HOBBY, GYM OR YOGA ROOM)! Move in ready, yet still tons more potential, come see for yourselves, Southern California living at it's finest!!!!!!

Sold price: $2,865,000

12 Sail View Avenue12 Sail View Avenue Rancho Palos Verdes CA

(3br/3ba, 3365 sqft.)

Agent's Description:

Come home to this beautiful 1-story Sea Breeze Community home on a quiet cul-de-sac. The entry has a crystal chandelier and stone floors which lead the length of the home to the large open kitchen and family room. There are 3 fire places: living room ,master bedroom sitting area and family room. High ceilings, recessed lights, lush carpets, granite counters, loads of storage, a colorfully landscaped garden are just a few of the many features that grace this home. The master has a lovely sitting area, a huge walk in closet room and a bath with two vanities, separate tub and shower and high ceilings. The second and third bedrooms share a Jack and Jill bathroom with separate vanities. All bedrooms have new carpet. The kitchen features a huge granite topped island and a separate breakfast nook and plenty of counter space. The adjacent family room has a large built in flat screen TV and built-in storage. There are two garages; one-car and two-car loaded with storage space. Located close to schools, shopping, hiking trails, parks and golf.

Sold price: $1,980,000

5 Packet Road5 Packet Road Rancho Palos Verdes CA

(4br/4ba, 3838 sqft.)

Agent's Description:

Located a short stroll to the bluffs with private beach access, this 2007 contemporary home of over 3800 sq ft is bright and airy with its high ceilings and gorgeous Travertine floors. Boasting ocean views from upstairs bedrooms, the master suite and the large rooftop deck, you will love coming home and enjoying the peace and quiet this over 10,000 sq ft lot affords. Cook like a pro with your top-of-the-line appliances in your beautiful kitchen overlooking the garden, outdoor firepit, and covered outdoor dining area. There is plenty of space in this executive style home - 4 spacious bedrooms and bathrooms, family room, living room, dining room and direct access two-car garage. Truly a special place to call home where you will enjoy the coastal community of West Portuguese Bend located between Terranea Resort and Trump National Golf Course. 

Sold price: $1,929,000

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
6 Chesterfield Road 5/6 5902 88329 $5,375,000 $911 1 $5,375,000 02/26/18
3543 Bendigo Drive 4/3 2346 15110 $1,175,000 $501 1 $1,175,000 02/26/18
2259 Rue Le Charlene 5/3 2398 21430 $1,399,000 $583 1 $1,399,000 02/26/18
2720 Via Elevado 4/4 4919 21002 $3,990,000 $811 1 $3,990,000 02/17/18
15 Lantana Place 5/6 4695 25593 $2,745,000 $585 1 $2,745,000 02/26/18
1537 Via Zurita 6/6 5451 11052 $2,999,000 $550 1 $2,999,000 02/26/18
11 Oceanaire Drive 5/4 3715 20082 $2,998,000 $807 1 $2,998,000 02/26/18
6958 4/4 4048 21390 $3,200,000 $791 1 $3,200,000 02/26/18
2204 Via Pacheco 4/4 3037 8518 $2,449,000 $806 1 $2,449,000 02/26/18
28539 Vista Madera 3/3 1432 238445 $609,000 $425 1 $609,000 02/26/18
3747 N Palos Verdes Drive 4/5 3588 76517 $3,695,000 $1,030 1 $3,695,000 02/26/18
28855 King Arthur Court 5/4 4429 11440 $2,099,000 $474 1 $2,099,000 02/26/18
2316 Via Carrillo 4/3 2399 8998 $1,650,000 $688 2 $1,650,000 02/25/18
1414 Paseo La Cresta 7/9 9851 42603 $8,399,000 $853 3 $8,399,000 02/22/18
2282 Rue Le Charlene 6/3 2792 14481 $1,350,000 $484 3 $1,350,000 02/24/18
3200 La Rotonda Drive 401 2/2 1425 241991 $925,000 $649 3 $925,000 02/24/18
3225 Palos Verdes Drive 3/2 1716 7327 $1,099,000 $640 4 $1,099,000 02/15/18
1708 Huntsman Court 3/2 1240 191356 $539,000 $435 4 $539,000 02/23/18
3016 Via Buena 4/3 3068 10950 $1,975,000 $644 4 $1,975,000 02/23/18
1245 Via Coronel 5/5 4171 15398 $2,397,000 $575 4 $2,397,000 02/23/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
3073 Crest Road 5/4 3322 21161 $1,700,000 $512 18 $1,700,000 02/09/18
3614 W Estates Lane E 3/3 1800 199134 $730,000 $406 56 $740,000 01/02/18
29948 Knoll View Drive 3/3 2623 12467 $1,225,000 $467 82 $1,299,000 12/07/17
1007 Calle Stellare 2/3 2352 0 $1,589,000 $676 83 $1,589,000 12/03/17
1305 Via Romero 4/5 4002 8405 $2,299,000 $574 8 $2,299,000 02/19/18
44 Nuvola Court 5/4 3774 17328 $2,450,000 $649 15 $2,450,000 02/12/18
6 Via Majorca 3/3 2006 303488 $888,000 $443 11 $888,000 02/16/18
6542 Ocean Crest Dr. B309 2/2 1068 167123 $535,000 $501 11 $535,000 02/16/18
5539 Bayridge Road 3/2 1292 7746 $1,250,000 $967 10 $125,000 02/17/18
2321 Chelsea Road 4/3 2267 11421 $1,899,000 $838 8 $1,899,000 02/19/18
23 Santa Bella Road 3/3 1938 27921 $1,375,000 $709 10 $1,375,000 02/12/18
2845 Via De La Guerra 4/2 1860 6459 $1,450,000 $780 15 $1,450,000 02/12/18
28220 Highridge 104 3/3 1722 0 $988,500 $574 72 $988,500 12/12/17
3285 Crownview Drive 4/3 3816 35421 $1,795,000 $470 18 $1,795,000 02/09/18
2142 Santa Rena Drive 4/2 1746 9527 $869,999 $498 9 $869,999 02/13/18
40 Country Meadow Road 4/3 2613 20731 $1,950,000 $746 13 $1,950,000 02/14/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
32614 Coastsite Drive 207 2/2 1433 753136 $678,000 $473 80 $678,000 02/27/18
75 Hilltop Circle 3/3 2200 1860 $1,030,000 $468 38 $987,888 02/26/18
6 Chuckwagon Road 5/3 2877 100583 $1,650,000 $574 164 $1,995,000 02/23/18
5 Packet Road 4/4 3828 10025 $1,929,000 $504 13 $1,929,000 02/23/18
1613 Via Garfias 4/4 2497 5883 $2,000,000 $801 3 $1,999,000 02/23/18
3602 Greve Drive 5/4 2712 9542 $1,350,000 $498 190 $1,499,999 02/23/18
12 Sail View Avenue 3/3 3365 19738 $1,980,000 $588 301 $2,100,000 02/23/18
1405 Via Castilla 4/4 5109 15816 $2,865,000 $561 22 $2,988,888 02/23/18
6505 Beachview Drive 3/3 2447 4511 $1,425,000 $582 14 $1,399,000 02/22/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
6044 Scotmist Drive 4/3 2166 8353 $1,260,000 $582 40 $1,328,000 01/18/18
37 Via Malona 5/6 4354 10069 $1,749,000 $402 141 $1,850,000 10/09/17
41 Santa Cruz 5/7 5772 17415 $3,890,000 $674 15 $3,998,000 02/12/18
1504 Via Castilla 5/6 5090 15014 $3,488,000 $685 46 $3,695,000 01/12/18
1903 Redondela Drive 4/3 1876 7163 $869,000 $463 62 $899,900 12/27/17

 

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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