Palos Verdes Weekly Update (3/7/18)

Posted by South Bay Staff on Wednesday, March 7th, 2018 at 12:04pm.

Palos Verdes Weekly Real Estate Market Update

MARCH 7, 2018

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

Palos Verdes Stats

Inventory: 171 active MLS listings in Palos Verdes (+10 over last week)

New listings this week: 20

Newly in escrow this week: 17

New closed sales this week: 13

New price cuts this week: 11

Featured New Listings of the Week

5357 Bayridge Road5357 Bayridge Road Rancho Palos Verdes CA

(5br/5ba, 3262 sqft.)

Agent's Description:

This newer coastal plantation, designed by Louie Tomaro and executed by an interior designer as her own personal residence, presents a once in a lifetime opportunity. From the moment you open the front door you will be amazed by the stunning panorama that greets you. The light & airy great room boasts soaring ceilings, walls of glass, two fireplaces, a formal dining area, and a wet bar. The open floor plan leads to the gorgeous island kitchen with custom cabinets, top-of-the-line appliances, butler’s pantry, breakfast bar & nook and more magnificent views. The romantic master suite with fireplace includes dual walk-in closets, a luxurious master bath, and French doors which lead to a deck to enjoy ocean, coastline and dazzling city light views from indoors or out. Four other bedrooms, including one with a separate entrance and mini kitchen, and three and a half more baths round out this beautiful ly designed one level. Over twenty feet of folding doors across the rear of the home open to a wide-spread deck, creating unsurpassed indoor/outdoor living perfect for entertaining. The lushly landscaped yard feels like your own private resort with a salt water pool, spa & waterfall, as well as two fire pits and impressive views. Create memories in this amazing home conveniently located on a quiet street near award winning schools, shopping, dining and beaches. 

List price: $3,575,000

32008 Isthmus View Drive32008 Isthmus View Drive Rancho Palos Verdes CA

(4br/5ba, 6000 sqft.)

Agent's Description:

Bluff front new construction single story, 4-bedroom, stunning Mediterranean home is perched on a prime vantage point in Los Angeles’ most desirable, Trump National Estates. Providing jaw-dropping views of the down the coastline of California and Catalina, in one unobstructed, sweeping panoramic view. Spanning approximately 6,000 square feet of living space, this entertaining wonderland features exceptional, cutting-edge design to provide the features most desired for today’s luxury lifestyle. Beautifully uniting Old World Tuscan charm with elegant modernity this home features; a spacious gourmet kitchen (with a massive island and Sub-Zero and Wolf appliances); open dining area, living area, and covered outdoor entertainment area (with pool and outdoor fireplace); views from the master suite (with his and hers master closets); and bedrooms and bathrooms bathed in natural light. This custom built home of unparalleled design, comfort, and quality, emphasizes functionality as well as the luxuries of a quintessential California lifestyle. Featuring spacious interiors, exquisite details and distinctive elevations, this home is designed to perfectly accommodate resort style oceanfront living! (Completion Winter 2018)

List price: $4,399,000

34 Chuckwagon Road34 Chuckwagon Road Rolling Hills CA

(4br/3ba, 3028 sqft.)

Agent's Description:

Charming one level ranch home with a circular driveway greets you in this exclusive private gated community. Inviting front courtyard meets you before the double door entry to reveal the new hardwood floors, new carpet and new paint in this easy floor plan of four bedrooms, three bathrooms and three fireplaces. Ocean, city, canyon, and hill views will captivate you as you arrive to this 1.6 acre quiet, private and tranquil setting. There are cathedral ceilings, a large skylight in the peninsula style kitchen and plenty of room to roam. Formal living room with enormous PV stone fireplace, formal dining room right off the kitchen and cozy family room with another stone fireplace and wet bar. This property will bring you back to the good old days when life in the country was what everyone envied. Grab a glass of lemonade and enjoy one of the many patios to listen to the birds chirp, the wind swirl and watch life slowly go by! 

List price: $2,025,000

Notable Sales of the Week

1506 Via Arco1506 Via Arco Palos Verdes Estates CA

(5br/4ba, 3228 sqft.)

Agent's Description:

This one of a kind rare 5 bedroom, 4 bath home has been meticulously designed for family life as well as entertaining with two wings attached to a central common area that includes an impressive entry, grand living room, quaint dining room, rich and warm library and spacious open kitchen. Its exotic and welcoming "Out of Africa" decor with its highly functional indoor/outdoor design offers a relaxing home lifestyle that is intriguing to both visitors and homeowners alike. The nearly 1 acre flat high utility land punctuates the rarity of this Monte Malaga home in the heart of Palos Verdes Estates. Original owner lovingly implemented three major remodels over their years of ownership maintaining the quality and high standards exhibited in this home. This lot was hand picked on which to build due to its high point (1005 foot elevation), its flat land, the unfolding grand entrance and the structure deliberately built on grade bedrock for safety and stability. Many Palos Verdes Estates homes are on lots restricted from 2nd story additions; not so this property. When viewing the home take special note of the seven skylights filling the volume of space with light, the motor court and majestic entryway organically leading to an architectural in line view to the back yard and pool giving an expansive feeling of space and continuity. Note the exquisite hand finished features, rich cherry woods, natural stone accents imported exotic woods and more. Request full feature list today.

Sold price: $2,925,000

1753 Addison Road1753 Addison Road Palos Verdes Estates CA

(4br/3ba, 3000 sqft.)

Agent's Description:

Enjoy living in this beautifully and completely remodeled one-story Custom Spanish Hacienda in the prestigious Lower Lunada Bay area. This magnificent house is adorned with Arte International front door and lighting , quaterzone oak floors, vaulted distressed beam ceilings, venetian plaster and surround sound system. Gourmet kitchen has marble counter tops, custom cabinetry and built-in appliances, and opens to the Great Room. Step down to the living room and enjoy cozy evenings by the fireplace. The master bedroom opens to the gorgeous backyard, and has a spacious bathroom with bubble jet bathtub and separate rainforest showerhead shower. The other 3 bedrooms are of good size and have ample closet space. This home has large frontage, but is very private and blocked views from neighbors. The front has great curb appeal, while the tropical backyard is meticulously manicured to include a pool, Jacuzzi, outside fireplace & patio area, built in barbecue and lush landscape. Enjoy ocean and vista views from the backyard. Best in indoor/outdoor living. Minutes to all three schools and Lunada Bay Plaza. 

Sold price: $2,250,000

2321 Chelsea Road2321 Chelsea Road Palos Verdes Estates CA

(4br/3ba, 2267 sqft.)

Agent's Description:

Located approximately 150 steps from the Pacific Ocean bluffs this coastal home's location is close to ideal. The plum Lower Lunada Bay lot is larger than most and offers a private backyard with an enormous patio for dining and entertaining. The charming front courtyard entrance provides privacy from the street and adds another outdoor living space. The house is centered around outdoor enjoyment with the kitchen, living/dining, and office opening onto the courtyard, and the living/dining, and master bedroom have direct access to the patio.The expansive use of French doors floods the interior with natural light. The newly refinished wood floors flow throughout the living/dining, hallways, and bedrooms. The kitchen is upgraded with stainless steel appliances. Would you like to hear the waves crashing and seals barking while enjoying your patio? Would you enjoy walking the dog or hiking along the ocean bluff trails? How about stopping for a cup of coffee on your morning walk, or popping into the deli/grocery while out for an evening stroll through the very walkable neighborhood? If so, then this may be the house for you. Lower Lunada Bay is one of the few Palos Verdes neighborhoods within walking distance to the local award-winning high, intermediate, and elementary schools. Location does not get much better than this! 

Sold price: $2,100,000

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
2316 Palos Verdes Drive 4 3/2 1305 10714 $679,000 $520 0 $679,000 03/06/18
1705 Dalton Road 5/3 2989 8034 $1,825,000 $611 0 $1,825,000 03/06/18
5357 Bayridge Road 5/5 3262 15873 $3,575,000 $1,096 1 $3,575,000 03/06/18
6409 Corsini Place 3/3 2256 20009 $1,299,000 $576 1 $1,299,000 03/05/18
9 Crestwind Drive 4/3 2791 18405 $1,698,000 $608 1 $1,698,000 03/05/18
3951 Palos Verdes Drive 4/4 3142 10264 $1,749,000 $557 1 $1,749,000 03/05/18
30907 Rue De La Pierre 5/3 3069 9362 $1,995,000 $650 1 $1,995,000 03/05/18
34 Chuckwagon Road 4/3 3028 69682 $2,025,000 $669 2 $2,025,000 03/05/18
32008 Isthmus View Drive 4/5 6000 19189 $4,399,000 $733 2 $4,399,000 03/04/18
1409 Via Davalos 6/4 4448 15676 $3,195,000 $718 2 $3,195,000 03/04/18
28103 Ridgepoint Court 3/3 1974 519949 $975,000 $494 3 $975,000 03/03/18
10 Gaucho Drive 3/3 2175 12517 $1,075,000 $494 3 $1,075,000 03/03/18
27624 Eldena Drive 4/3 1785 8603 $949,500 $532 4 $949,500 03/03/18
2216 Carriage Drive 4/2 1542 12859 $1,150,000 $746 4 $1,150,000 03/02/18
604 Epping Road 5/5 3313 9676 $1,695,000 $512 4 $1,695,000 03/02/18
11 Toprail Lane 3/2 1518 16756 $1,099,000 $724 4 $1,099,000 03/02/18
1837 Caddington Drive 35 2/2 1103 127123 $569,900 $517 5 $569,900 03/02/18
27820 Palos Verdes Drive 5/5 4466 28727 $2,195,000 $491 5 $2,195,000 03/01/18
24 Santa Cruz 5/5 4511 18838 $2,988,000 $662 5 $2,988,000 03/01/18
29641 S Western Avenue 106 2/2 1207 72443 $398,000 $330 5 $398,000 03/01/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
28539 Vista Madera 3/3 1432 238445 $609,000 $425 8 $609,000 02/26/18
27928 Ridgebluff Court 2/3 1079 278270 $699,000 $648 11 $699,000 01/16/18
2034 W Crestwood Street 4/2 1512 7680 $949,000 $628 13 $949,000 02/21/18
3602 W Estates Lane 108 1/1 659 433780 $369,900 $561 7 $369,900 02/27/18
3544 Coolheights Drive 4/3 2474 12035 $1,200,000 $485 2 $1,200,000 03/04/18
18 Ranchview Road 3/3 3056 19176 $1,599,999 $524 141 $1,799,999 10/16/17
4 Ranchview Road 3/3 2504 13497 $1,575,000 $629 49 $1,575,000 01/16/18
2316 Via Carrillo 4/3 2399 8998 $1,650,000 $688 9 $1,650,000 02/25/18
28702 Lomo Drive 3/2 1899 7285 $1,199,999 $632 259 $1,295,000 05/22/17
1708 Huntsman Court 3/2 1240 191356 $539,000 $435 9 $539,000 02/23/18
28855 King Arthur Court 5/4 4429 11440 $2,099,000 $474 5 $2,099,000 02/26/18
2228 Via Cerritos 7/11 18227 63077 $9,999,000 $549 398 $9,999,000 02/01/17
3543 Bendigo Drive 4/3 2346 15110 $1,175,000 $501 8 $1,175,000 02/26/18
32653 Seagate Drive 204 2/2 1565 753046 $715,000 $457 30 $729,000 02/04/18
5 Latigo Lane 3/4 3840 21600 $2,399,000 $625 22 $2,399,000 02/12/18
6318 Monero Drive 3/2 1434 9131 $1,090,000 $760 9 $1,090,000 02/20/18
41 Santa Cruz 5/7 5772 17415 $3,890,000 $674 22 $3,998,000 02/12/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
6526 Ocean Crest Drive A102 1/1 778 167165 $385,000 $495 35 $395,000 03/06/18
4237 Via Alondra 4/3 2204 5349 $1,261,986 $573 2 $1,275,000 03/06/18
5987 Peacock Ridge Road 216 2/3 2100 52310 $735,000 $350 11 $729,000 03/06/18
2321 Chelsea Road 4/3 2267 11421 $2,100,000 $926 3 $1,899,000 03/06/18
1753 Addison Road 4/3 3000 10780 $2,250,000 $750 166 $2,450,000 03/05/18
1881 W. Macarthur 3/2 1765 9045 $978,000 $554 21 $989,000 03/05/18
4033 Miraleste Drive 4/3 3437 6606 $1,440,000 $419 9 $1,299,000 03/02/18
5211 Willow Wood Road 3/2 1332 8031 $910,000 $683 2 $865,000 03/02/18
3603 W Hidden Lane 114 0/1 440 433780 $296,000 $673 6 $285,000 03/02/18
4105 Maritime Road 3/2 1214 8790 $1,925,000 $1,586 14 $1,499,000 03/01/18
2262 Sunnyside Ridge Road 4/2 2426 34646 $1,350,000 $556 6 $1,288,000 03/01/18
2 El Concho Lane 4/3 2662 50602 $1,825,000 $686 120 $1,950,000 03/01/18
1506 Via Arco 5/4 3228 34729 $2,925,000 $906 7 $2,999,000 03/01/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
25 Georgeff Road 4/4 3176 48862 $2,439,000 $768 273 $2,695,000 06/06/17
30103 Avenida Celestial 3/3 2706 11282 $1,825,000 $674 29 $1,875,000 02/05/18
1958 Peninsula Verde Drive 3/3 2462 7241 $1,050,000 $426 32 $1,095,000 02/02/18
12 Via Del Cielo 5/7 7031 26157 $4,380,000 $623 110 $4,680,000 10/16/17
13 Eastfield Drive 5/8 5517 146386 $4,650,000 $843 154 $4,988,000 10/02/17
1109 Granvia Altamira 4/4 3268 24545 $2,248,000 $688 60 $2,475,000 01/05/18
2237 Carriage Drive 3/2 1656 15007 $1,099,000 $664 14 $1,250,000 02/20/18
9 Via San Remo 4/3 2309 264416 $1,150,000 $498 134 $1,195,000 10/23/17
4303 Via Frascati 4/3 3050 11727 $1,875,000 $615 218 $2,022,000 07/31/17
2827 Via Victoria 4/3 4119 15799 $2,180,000 $529 93 $2,389,000 12/03/17
2312 Via Pinale 5/6 4464 13769 $3,299,000 $739 69 $3,500,000 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.

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

 

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