Palos Verdes Weekly Update (4/18/18)

Posted by South Bay Staff on Wednesday, April 18th, 2018 at 11:38am.

Palos Verdes Weekly Real Estate Market Update

APRIL 18, 2018

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

Palos Verdes Stats

Inventory: 205 active MLS listings in Palos Verdes (+19 over last week)

New listings this week: 24

Newly in escrow this week: 11

New closed sales this week: 17

New price cuts this week: 14

Featured New Listings of the Week

2729 Via Oledas2729 Via Oleadas Palos Verdes Estates CA

(5br/5ba, 11,049 sqft.)

Agent's Description:

Breathtaking coastline/whitewater views and timeless design are the hallmark of this rare oceanfront, bluff-top estate. Exquisitely designed and expertly executed down to the last detail, this private gated home is created for elegant indoor-outdoor living that rivals any Five Star resort. Disappearing sliding door systems connect scenic patio/pool areas with the living, dining and master suite and the grand open floorplan creates a splendid background for entertaining. The luxurious master retreat includes up close surf and coastal views, dual fireplace, sitting area, large walk-in closet, and bath with shower, jetted tub, and separate vanities. The main level bedroom wing features 3 additional ensuite bedrooms, and an office with fireplace, attached 3/4 bath and rich wood built-ins, accented by a dramatic hallway overlooking the beautiful front courtyard. The custom kitchen will delight any chef with its 6 burner Viking range/oven, griddle and wok, 3 dishwashers, huge center island, walk-in pantry and butler's pantry with additional cooktop, Miele oven system, and refrigerator. Two generous family rooms enhance the living and entertaining space on this level. Downstairs is a one bedroom suite, large game room with bar, wine cellar, and laundry, plus a 9-car garage. The tranquil rear yard is accented by a saltwater infinity pool, putting green, fireplace, grill and koi pond, with ample room for al fresco dining or enjoying the natural vistas. A truly incomparable property! 

List price: $23,888,000

3 Appaloosa Lane3 Appaloosa Lane Rolling Hills CA

(6br/9ba, 9100 sqft.)

Agent's Description:

This 21st century modern masterpiece is located within the gated and 24 hour guarded city of Rolling HIlls. One of the most prestigious homes designed by the famous architect Criss Gunderson,completed and ready for the new owner!! This home has lovely views of the vibrant city and mountains with total privacy!Short distance to LAX and all the LA metro facilities, but it feels like living in a mountain that’s so close to nature. This single story residence combines quality modern materials with the luxury amenities worthy of a five-star boutique hotel, it sets amid a vast landscaped garden with a huge swimming pool and spa.The home’s sumptuous master suite has his and her separated bath and closet, while 4 additional suites each feature privacy on their own wing with a media room.You will also find a gym and a library. Huge living, dining and great room are all designed for comfortable everyday living and entertaining, high ceilings thru out with lot’s of glass doors/windows.Huge patio area around the pool with fireplace, TV screen, fire pit and full out door kitchen, sauna and a pool bath. A wine cellar for storage of about 900 bottles,also an additional suite on the other wing of the home for a visitor or caretaker. All these with a 6 car garage with A/C and best of all, all on one level and turnkey!!

List price: $7,998,000

18 Portuguese Bend Road18 Portuguese Bend Road Rolling Hills CA

(4br/5ba, 6781 sqft.)

Agent's Description:

Completed in 2008, this spectacular, Spanish style home is beautifully finished, both inside and out. The gated driveway leads to a large motor court. Once inside, soaring, open beamed ceilings as well as hardwood & limestone floors immediately set the tone. The main floor includes a formal living room with fireplace, a formal dining room, a gourmet kitchen with huge center island and adjacent family room with fireplace. The master-suite includes a fireplace, a large walk-in closet and luxurious bathroom with steam shower. The lower level of the home has an upgraded theater room, a second family room with wet bar and fireplace, a laundry room and a custom wine-cellar. Outdoors, you’ll enjoy a dramatic pool, spa and fire pit, conveniently located off the great room and living room. There’s also a second outdoor living space with built-in BBQ, Pizza oven, and outdoor fireplace, as well as a large grassy yard. Last, but certainly not least is the expansive city lights view! Other features include a 3-car garage, surround sound system and much more. Conveniently located near the main gate, this one is not to be missed!

List price: $5,500,000

Notable Sales of the Week

41 Santa Cruz41 Santa Cruz Rolling Hills Estates CA

(5br/7ba, 5772 sqft.)

Agent's Description:

Exquisite Ocean view single family home located in sought after "Vantage Pointe Community" in Rolling Hills Estates. One of the largest floor plans, 5,772 living sq.ft offers spacious 5 bedrooms (One on the main level and four on the upstairs) with own bath, 2 half baths, and Office / Libary with beautiful built-in bookshelves. Foyer entry with gleaming marble floors that lead into a grand formal living with high ceilings with bright natural lights overlooking grassy backyard and ocean views. Separate formal dining room with a fireplace. Gorgeous kitchen with updated Sub-zero, stainless steel appliances, granite counter tops, lots of cabinet space and breakfast nook. Cozy family room has fireplace to relax and watch the sunset. French doors in formal living, family and kitchen that open to the backyard overlooking beautiful ocean views and entertain. Grand stairs lead to Master suite with balcony to enjoy views from, fireplace, seating area and large master bathroom with 2 separate sinks, 2 walk-in closets with built-in cabinets and large spa tub. All other bedrooms are spacious and bright. Large laundry room with a sink, 3 car garage, built in BBQ in the backyard. 24 hours guard community. 

Sold price: $3,675,000

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. 

Sold price: $2,950,000

28855 King Arthur Court28855 King Arthur Court Rancho Palos Verdes CA

(5br/4ba, 4429 sqft.)

Agent's Description:

Located in a quiet cul-de-sac, this beautiful home exudes elegance & luxury. You’ll be captivated by the 2-story light-filled entry & the spectacular sweeping staircase with custom wrought iron railing. A 2-way fireplace separates the enchanting living room from the cozy library with an impressive built-in bookshelf. The dining room has a stunning Schoenbeck crystal chandelier, and the floor-to-ceiling beveled glass windows evoke a sun room, bringing the outside in. French doors open to the ultimate entertainers’ backyard, professionally landscaped with pool/spa, built-in BBQ, and outdoor speakers. The chef’s kitchen has a vast expanse of granite countertops, stainless steel appliances (including Subzero refrigerator), pull-out cabinets and ample counter seating, in addition to the sunny breakfast nook. The adjoining family room has a fireplace & wired surround-sound, and the 1st-floor bedroom with ensuite bath has direct exterior access. Upstairs is the spacious master bedroom and huge walk-in closet; relax by the fireplace, and enjoy the Catalina Island view from the balcony. The spa-like master bath has double sink areas, jetted tub and separate marble shower. On the same floor the 3 other bedrooms have high ceilings, ample closet space with custom shelving, and share a double-sink bathroom. The three-car garage with new wood-like door adds to the home’s refined appeal and storage space. This gorgeous home is walkable to schools and parks, and close to shops nearby. 

Sold price: $2,180,000

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
3448 Tanglewood 5/4 3223 32076 $1,499,000 $465 0 $1,499,000 04/17/18
18 Portuguese Bend Road 4/5 6781 123963 $5,500,000 $811 0 $5,500,000 04/16/18
3601 Via La Selva 4/4 3020 7405 $2,499,000 $827 0 $2,499,000 04/16/18
3321 Palos Verdes Drive 3/2 1603 8619 $1,685,000 $1,051 0 $1,685,000 04/16/18
6024 Via Sonoma 3/4 2796 11185 $1,598,000 $572 0 $1,598,000 04/16/18
2 Chaparral Lane 3/3 2860 26824 $1,895,000 $663 0 $1,895,000 04/16/18
1505 Via Fernandez 6/7 7194 18822 $4,500,000 $626 0 $4,500,000 04/16/18
1275 Via Landeta 4/4 4378 15019 $2,998,000 $685 0 $2,998,000 04/16/18
2729 Via Oleadas 5/9 11049 35179 $23,888,000 $2,162 1 $23,888,000 04/16/18
30379 Camino Porvenir 5/4 4153 11699 $2,548,000 $614 1 $2,548,000 04/16/18
1640 Via Machado 3/2 1700 5738 $1,099,000 $646 1 $1,099,000 04/16/18
3 Appaloosa Lane 6/9 9100 398253 $7,998,000 $879 1 $7,998,000 04/16/18
3 Reata Lane 3/2 2885 47236 $2,300,000 $797 1 $2,300,000 04/16/18
39 Via Granada 3/3 2006 0 $925,000 $461 1 $925,000 04/16/18
22 Goldenspur Lane 5/4 4700 35299 $2,200,000 $468 2 $2,200,000 04/15/18
5 Cypress Way 2/2 1590 2611 $815,900 $513 2 $815,900 04/14/18
2357 Via Anacapa 3/2 1717 15568 $1,785,000 $1,040 2 $1,785,000 04/14/18
2409 Via Sonoma 3/3 1969 12274 $1,678,876 $853 3 $1,678,876 04/14/18
6612 Via Siena 4/5 4466 14395 $2,877,000 $644 3 $2,877,000 04/13/18
26626 Honey Creek Road 4/3 2705 23751 $1,348,320 $498 3 $1,348,320 04/13/18
30447 Camino Porvenir 6/4 3956 12062 $1,799,000 $455 3 $1,799,000 04/13/18
5802 Ironwood Street 4/2 2069 7522 $1,150,000 $556 4 $1,150,000 04/13/18
6904 Beechfield Drive 4/3 2535 10142 $1,049,000 $414 4 $1,049,000 04/13/18
26589 Basswood Avenue 3/2 1672 9686 $1,180,000 $706 4 $1,180,000 04/12/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
3309 Via Palomino 5/4 2739 7443 $2,289,000 $836 70 $2,389,000 02/05/18
2970 Twin Harbors View Drive 5/8 6279 16017 $3,899,000 $621 61 $3,950,000 02/15/18
2653 Via Olivera 4/4 2828 6548 $1,795,000 $635 57 $1,850,000 02/08/18
2259 Rue Le Charlene 5/3 2398 21430 $1,350,000 $563 49 $1,399,000 02/26/18
23 Aspen Way 2/3 2184 2166 $875,000 $401 13 $875,000 04/01/18
5682 Mistridge Drive 5/4 2512 8946 $1,200,000 $478 84 $1,400,000 01/22/18
6305 Ridgeglade Court 4/3 2005 519949 $945,000 $471 7 $945,000 03/27/18
28220 Highridge 103 3/3 1722 0 $988,500 $574 26 $988,500 03/17/18
6208 Lochvale Drive 4/3 2694 7674 $1,300,000 $483 41 $1,300,000 03/06/18
9 Via San Remo 4/3 2309 264416 $1,075,000 $466 175 $1,195,000 10/23/17
3614 W Estates Lane E 3/3 1800 199134 $730,000 $406 76 $740,000 01/02/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
27524 Longhill Drive 3/2 1701 7483 $1,345,000 $791 52 $1,368,000 04/17/18
28855 King Arthur Court 5/4 4429 11440 $2,180,000 $492 5 $2,099,000 04/17/18
48 Santa Barbara Drive 4/5 4606 14059 $2,950,000 $640 39 $2,795,000 04/17/18
41 Santa Cruz 5/7 5772 17415 $3,675,000 $637 16 $3,998,000 04/17/18
3705 Palos Verdes Drive 4/3 2416 7197 $1,775,000 $735 49 $1,699,000 04/16/18
27036 Woodbrook Road 3/2 1812 7891 $1,300,000 $717 9 $1,238,000 04/16/18
6318 Monero Drive 3/2 1434 9131 $1,115,000 $778 9 $1,090,000 04/13/18
57 Misty Acres Road 4/3 2926 21144 $1,850,000 $632 10 $1,795,000 04/13/18
40 Country Meadow Road 4/3 2613 20731 $1,950,000 $746 7 $1,950,000 04/13/18
3 Via Granada 3/3 2006 304128 $859,000 $428 9 $859,000 04/13/18
26220 Grayslake Road 3/2 1662 10148 $1,260,000 $758 4 $1,199,000 04/13/18
11 Oceanaire Drive 5/4 3715 20082 $3,210,000 $864 11 $2,998,000 04/12/18
2316 Via Carrillo 4/3 2399 8998 $1,675,000 $698 7 $1,650,000 04/12/18
44 Nuvola Court 5/4 3774 17328 $2,440,000 $647 13 $2,450,000 04/12/18
6070 Woodfern Drive 4/4 3729 12242 $2,400,000 $644 3 $2,389,000 04/12/18
3 Surrey Lane 4/4 3224 18427 $1,705,000 $529 170 $2,085,000 04/12/18
1312 Via Margarita 4/3 2908 15120 $1,602,500 $551 153 $1,599,000 04/12/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
1233 Via Romero 4/3 2902 14935 $1,750,000 $603 68 $1,999,500 02/08/18
42 Club View Lane 6/4 3697 19263 $2,095,000 $567 56 $2,195,000 02/20/18
5823 Finecrest Drive 4/3 2593 18471 $1,755,000 $677 55 $1,799,888 02/20/18
3609 W Hidden Lane C 2/3 1727 126121 $690,000 $400 21 $720,000 03/26/18
51 Paseo Del La Luz 6/7 8341 32304 $6,275,000 $752 553 $7,995,000 10/03/16
22 Sail View Avenue 4/5 4012 16942 $2,499,000 $623 105 $2,680,000 01/01/18
106 Coronel Plaza 3/2 1750 6746 $1,520,000 $869 27 $1,650,000 03/20/18
29214 S Trotwood Avenue 4/2 1650 7240 $879,000 $533 36 $899,000 03/11/18
3324 Crownview Drive 7/7 6000 26274 $4,120,000 $687 18 $4,190,000 03/30/18
51 Albero Court 5/5 5182 14054 $3,890,000 $751 47 $4,250,000 02/28/18
30012 Via Rivera 5/4 2791 10648 $1,699,000 $609 24 $1,748,999 03/23/18
3747 N Palos Verdes Drive 4/5 3588 76517 $3,645,000 $1,016 49 $3,695,000 02/26/18
10 Georgeff Road 3/3 3954 48781 $2,490,000 $630 105 $2,525,000 01/01/18
7168 Crest Road 5/4 3635 8761 $1,999,000 $550 95 $2,158,000 01/11/18

 

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