Palos Verdes Weekly Update (4/4/18)

Posted by South Bay Staff on Wednesday, April 4th, 2018 at 8:01am.

Palos Verdes Weekly Real Estate Market Update

APRIL 4, 2018

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

Palos Verdes Stats

Inventory: 183 active MLS listings in Palos Verdes (+5 over last week)

New listings this week: 18

Newly in escrow this week: 12

New closed sales this week: 14

New price cuts this week: 6

Featured New Listings of the Week

12 San Miguel12 San Miguel Rolling Hills Estates CA

(5br/6ba, 4511 sqft.)

Agent's Description:

Located on a quiet cul-de-sac in the 24-hour guard and gated community of Vantage Pointe. This beautiful property has 5 bedroom suites and 6 baths stretching over 4,500 sq. ft. on a lot about 20,000 sq. ft. Great two story ceilings in foyer, living room, and library. Throughout this remarkable home are 4 fireplaces, central air and vacuum, crown moldings, chandeliers, murals, all custom window coverings, and it has been extensively upgraded with marble and granite. There are two separate but attached 2 car garages (4 spaces total), library with built-in shelves and overlooks the pool. Huge family/media room opens to the back yard. Lovely views of Catalina Island and the Pacific Ocean could be enjoyed from most major rooms. A unique lot that offers lush landscaping, a separate area for the beach style salt water pool/spa/waterfall, grassy yard and two trellis covered patios, truly an excellent home for both indoor and outdoor entertaining. Built in 2001 and with some recent updates, do not miss this beauty!!! 

List price: $3,099,000

3004 Palos Verdes Drive3004 Palos Verdes Drive Palos Verdes Estates CA

(4br/3ba, 3787 sqft.)

Agent's Description:

Situated in Lunada Bay, this well designed and thoughtfully updated family home has over 3,700 square feet of bright and airy living space. Sitting back from PV Drive with a large front yard, this home has plenty of privacy and offers a quiet and serene feel. Watch the sunset over the ocean from the living room, office, master suite and wraparound balcony. A beautiful and open kitchen area featuring Viking and Kitchenaid appliances, dual dishwashers and a wine fridge, is perfect for entertaining. The main level family room leads to a stunning outdoor area featuring a resort-like backyard with pool, Jacuzzi, built-in BBQ and fire pit surrounded by a gorgeous lush landscape. There are beamed ceilings and new hardwood floors throughout the home and a new roof. The spacious master suite boasts a West facing sitting area, his and her closets and a balcony with an ocean view. The true guest suite downstairs has its own family room, full bathroom and private patio, creating the perfect space for mother in law quarters or guests. A large three-car garage with custom built-in workbench and cabinets completes this fabulous home. 

List price: $2,475,000

30316 Camino Porvenir30316 CAmino Porvenir Rancho Palos Verdes CA

(5br/3ba, 3355 sqft.)

Agent's Description:

Enter a spacious private courtyard into this gorgeous 5 bedroom and 3 bath impeccably updated home with one bed and bath on the main level. The Living Room has soaring cathedral ceilings and features a conversation pit with fireplace, large formal Dining area that is next to the great room, which has a kitchen with granite counters, abundance of cabinets, a nook, and family room that looks over the fantastic backyard. Upstairs are 4 more bedrooms (one an office). Two of the bedrooms offer a view of the ocean from the balconies. The Master Suite has a full bath and huge closet. The most wonderful feature is the resort like backyard: it backs up to the 6th green of Los Verdes Golf Course; has a concrete paddle tennis/sports court; executive size (deeper) swimming pool; jacuzzi and BBQ island. You will find the surroundings to be so quiet and serene. It has abundant storage spaces, plaster walls, and a 220 volt outlet in the garage for electric cars. Excellent entertaining for both indoor and outdoors. Truly a great value and a must see!! 

List price: $1,875,000

Notable Sales of the Week

5 Latigo Lane5 Latigo Lane Rolling Hills Estates CA

(3br/4ba, 3840 sqft.)

Agent's Description:

This home has 3 large bdrms, 3.5 bath with a great library with built-in desks, coordinated bookcases and fireplace. Master suite is on the entry-level with a remodeled bath and designer’s closets, and just steps away from to a separated spa outside the yard. Great room with high ceilings and fireplace opens to family room, kitchen and a formal dining area. Kitchen with fireplace also opens to a fantastic balcony with outdoor dining which overlooks and offers easy access to the pool/spa and beautifully landscaped yard. Additional separated entertaining room with English fine fixture and wet bar. Kitchen has high-end built-in appliances and is a chef's delight! German made stainless center island is a great gathering place for informal dining or prep counter for entertaining guests. This home encapsulates modern luxury and shows like a home from the Architect Digest. This gorgeous yard offers unparalleled privacy is on about one-half acre lot, with pool, spa, outdoor kitchen, fire pit, multiple sitting and eating areas, plus a separate huge grass yard with arbor and decorative stones. The 3 car garage is with all modern built-ins and working bench. This home is on a tranquil cul-de-sac location of one of the most sought-after lanes in Rolling Hills Estates, tastefully renovated with understated elegance in turnkey condition, together with resort like grounds for world class entertaining. A must see!

Sold price: $2,450,000

40 Santa Barbara Drive20 Santa Barbara Drive Rancho Palos Verdes CA

(4br/3ba, 3420 sqft.)

Agent's Description:

This home is located in one of the most sought after RPV communities "Island View". A gorgeous estate features 3420 sqft. 4 bed 3 and 1/2 + a media room and a 3 car garage with separate doors. When taped there is an "approx." additional 300 sqft. (Buyer will provided with measurement diagram). The owner's upgrades have been completed in the last few years. They are beautiful and flawless. Upgrades include; a total kitchen remodel (new cabinets, granite countertops, Viking stainless steel double gas oven, multi burner cooktop with grill, Viking refrigerator), plumbing, composite tile roof, new carpet (in all bedroom and stairs), and custom built-in cabinetry in family room and laundry room. Your family room opens to the gorgeous private back yard which is perfect to entertain large gatherings. Gazebos, fireplace, and a built in BBQ grills all add to a large backyard. Island view community features well maintained tennis courts. As a bonus, it is a short walk to Del Cerro Park and a many hiking trails to Portugese Bend reserves. 

Sold price: $2,240,000

26922 Eastvale Road26922 Eastvale Road Palos Verdes Peninsula CA

(3br/3ba, 2255 sqft.)

Agent's Description:

Wide open spaces - Sprawling flat grassy backyard - Light filled rooms- Impressive equestrian amenities - Peaceful setting – Serene views of Rolling Hills….are thoughts that come to mind when describing this upgraded California ranch. Situated in prestigious Westfield is this exceptional home on an expansive 28,400+ SF lot. Driving up you'll notice the fantastic street presence with circular drive, and landscaped grounds. Entering, your eye is immediately drawn to the abundance of windows and scenic views of the lawn, trees & horse facilities. Some add'l features include kitchen w/granite counters, stainless appliances, open living & dining rooms w/wood floors & relaxing fireplace. Adjacent to the living room is the family room which has views of the backyard & is the perfect place to gather/entertain, family & friends. Off the family room is a homework/office area. The master retreat has wood floors & tranquil views of the backyard, the bath is complete w/dual sinks, travertine floors. The equestrian amenities are exceptional & impeccably maintained. They include a 3 stall barn w/in & out stalls, tack room, feed room, 2 stall wash rack, large private turn out/ arena. Easy access to riding trails, close to the large community riding arena/ tennis courts. 

Sold price: $1,600,000

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
913 Via Del Monte 4/4 3404 11862 $2,399,000 $705 0 $2,399,000 04/02/18
25 Georgeff Road 4/4 3176 48879 $2,439,000 $768 0 $2,439,000 04/02/18
5 Chuckwagon Road 5/6 5571 108225 $2,999,000 $538 0 $2,999,000 04/02/18
3004 Palos Verdes Drive 4/3 3787 12382 $2,475,000 $654 0 $2,475,000 04/02/18
1406 Via Coronel 5/4 3313 15637 $2,760,000 $833 0 $2,760,000 04/02/18
30316 Camino Porvenir 5/3 3355 11591 $1,875,000 $559 1 $1,875,000 04/02/18
30836 Via La Cresta 4/3 2720 19465 $2,099,000 $772 1 $2,099,000 04/02/18
801 Via Conejo 4/3 2858 12944 $2,499,000 $874 1 $2,499,000 04/02/18
6545 Abbottswood Drive 4/3 3052 11157 $2,298,000 $753 1 $2,298,000 04/02/18
2286 Sparta Drive 4/3 2308 17540 $1,100,000 $477 1 $1,100,000 04/02/18
12 San Miguel 5/6 4511 19581 $3,099,000 $687 1 $3,099,000 04/02/18
23 Aspen Way 2/3 2184 2166 $875,000 $401 1 $875,000 04/01/18
1012 Estrella Del Mar 2/2 1895 0 $973,213 $514 2 $973,213 03/31/18
1018 Estrella Del Mar 2/2 1895 0 $981,109 $518 2 $981,109 03/31/18
1013 Estrella Del Mar 2/3 1735 0 $914,941 $527 2 $914,941 03/31/18
1019 Estrella Del Mar 2/3 1735 0 $1,002,614 $578 2 $1,002,614 03/31/18
3324 Crownview Drive 7/7 6000 26274 $4,190,000 $698 3 $4,190,000 03/30/18
2213 Via Acalones 3/3 2610 12854 $2,200,000 $843 4 $2,200,000 03/30/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
30103 Avenida Celestial 3/3 2706 11282 $1,750,000 $647 56 $1,875,000 02/05/18
69 Aspen Way 3/3 1988 1307 $824,000 $414 21 $824,000 03/07/18
60 Ranchview Road 4/3 2257 38307 $1,599,000 $708 8 $1,599,000 03/23/18
4 Mela Lane 3/3 2995 5394 $1,128,000 $377 95 $1,198,000 11/09/17
4333 Via Frascati 4/4 2233 16144 $1,369,000 $613 147 $1,425,000 11/01/17
2800 Via Campesina 6/6 5057 18502 $3,500,000 $692 21 $3,500,000 03/12/18
5 Avenida De Magnolia 4/4 4153 8332 $1,749,000 $421 33 $1,749,000 02/28/18
1837 Caddington Drive 35 2/2 1103 127123 $569,900 $517 27 $569,900 03/02/18
6 Dapplegray Lane 5/4 3885 22335 $2,198,000 $566 141 $2,198,000 11/13/17
3200 La Rotonda Drive 401 2/2 1425 241991 $875,000 $614 32 $925,000 02/24/18
2322 W Palos Verdes Drive 2/2 1171 0 $669,000 $571 14 $669,000 03/19/18
30323 Abrazo Drive 3/3 1874 8882 $1,199,000 $640 32 $1,249,000 03/01/18
2805 Palos Verdes Drive 4/3 2914 10069 $1,800,000 $618 30 $1,800,000 01/22/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
26221 Basswood Avenue 4/3 2208 8182 $1,460,000 $661 0 $1,475,000 04/02/18
7 Openbrand Road 5/4 4033 106555 $2,300,000 $570 135 $2,499,000 03/30/18
26922 Eastvale Road 3/3 2255 28445 $1,600,000 $710 78 $1,595,000 03/30/18
1609 Via Montemar 3/3 2669 7278 $1,868,000 $700 42 $1,985,000 03/30/18
5 Latigo Lane 3/4 3840 16800 $2,450,000 $638 16 $2,399,000 03/30/18
5527 Shoreview Drive 4/2 2026 8774 $1,250,000 $617 40 $1,399,000 03/30/18
28208 Palos Verdes Drive 4/3 3367 21884 $1,196,000 $355 8 $1,495,000 03/30/18
20 Santa Barbara Drive 4/3 3420 14133 $2,240,000 $655 7 $2,299,000 03/30/18
5672 Sunmist Drive 4/3 2424 8730 $1,280,000 $528 167 $1,349,000 03/30/18
32653 Seagate Drive 204 2/2 1565 753046 $690,000 $441 24 $729,000 03/30/18
2840 W Palos Verdes Drive 4/2 1870 8498 $1,465,000 $783 93 $1,550,000 03/29/18
2322 Palos Verdes Drive 109 2/2 1184 21242 $651,000 $550 8 $660,000 03/29/18
2034 W Crestwood Street 4/2 1512 7680 $949,000 $628 11 $949,000 03/29/18
3544 Coolheights Drive 4/3 2474 12035 $1,200,000 $485 1 $1,200,000 03/29/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
37 Via Malona 5/6 4354 10069 $1,699,000 $390 175 $1,850,000 10/09/17
74 Eastfield Drive 4/6 4000 72494 $3,695,000 $924 80 $3,925,000 01/12/18
106 Coronel Plaza 3/2 1750 6746 $1,599,000 $914 13 $1,650,000 03/20/18
41 Santa Barbara Drive 5/5 3732 18617 $2,595,000 $695 52 $2,695,000 02/09/18
1560 Via Leon 4/3 3884 16013 $2,498,000 $643 42 $2,599,000 02/19/18
3024 Via Rivera 3/3 2255 6695 $1,549,000 $687 21 $1,569,000 03/12/18

 

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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