Palos Verdes Weekly Update (5/16/18)

Posted by South Bay Staff on Wednesday, May 16th, 2018 at 10:28am.

Palos Verdes Weekly Real Estate Market Update

MAY 16, 2018

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

Palos Verdes Stats

Inventory: 213 active MLS listings in Palos Verdes (+2 over last week)

New listings this week: 18

Newly in escrow this week: 23

New closed sales this week: 7

New price cuts this week: 11

Featured New Listings of the Week

12 Upper Blackwater Cyn Road12 Upper Blackwater Cyn Road Rolling Hills CA

(7br/9ba, 11,127 sqft.)

Agent's Description:

Behind the gated entry lies a 4.5 acre, luxury oasis, perfectly situated overlooking stunning panoramic views. Created by the renowned, Tony Ashai, this estate is a masterpiece of design and craftsmanship featuring 5 bedrooms + den, an office, 7.5 bathrooms, over 9,600 sq. ft. in the main house, and 6-garage spaces. The grand entrance exudes opulence, as you enter the formal living room you are greeted by expansive views. The easy flow of the floorplan allows the spacious main level to feel comfortable and livable. Enjoy entertaining in the large custom kitchen and formal dining room. The west wing of the home leads to the main bedrooms, all boasting en-suite bathrooms and walk-in closets. Three of the bedrooms enter off of a private den which is perfect for children to make their own. The master bedroom is the ultimate retreat, complete with a spa like bathroom, walk-in closet, and a fireplace with seating area. The spacious lower level is great for entertaining with a game room, movie theater, sauna, and den. Enjoy the beautiful backyard oasis including an outdoor kitchen, huge deck as well as a pool and spa all overlooking a sprawling lawn with unobstructed views of the city, mountains, downtown, queens necklace and ocean! The 2 bedroom, 1 bathroom, 1400 sq. ft. guest house has a kitchen, living room, private driveway and 2-car garage. The possibilities are endless with room for a riding ring, barn or tennis court, sports court and more. This property truly has it all! 

List price: $8,500,000

52 Pacifica Del Mar52 Pacifica Del Mar Rancho Palos Verdes CA

(4br/5ba, 4320 sqft.)

Agent's Description:

Bright and welcoming this home in Oceanfront Estates was the original "model" home! This exceptional single story estate is situated on over a HALF ACRE on the bluff of the Pacific Ocean, at the end of a cul de sac, backing to the Palos Verdes Peninsula Preserves and Point Vincente . A truly one of a kind location that offers complete privacy. As a family or entertaining friends, one can enjoy the resort style backyard perfect for savoring the sunsets from your pool or chatting around the cozy outdoor fireplace! Inside the relaxed yet gorgeous interiors of this 4320 sf estate we have 4 bedrooms, 5 baths, gourmet kitchen, french doors throughout the home lead to various courtyards and outdoor living spaces, gleaming walnut hardwood floors, high vaulted ceilings, 8 foot doors, gorgeous details such as large moldings, and tongue and groove ceilings, all make this model home a one of a kind opportunity in Palos Verdes. PLUS, there is a 250 sf private, detached casita detailed with vaulted ceilings, a full bath, closet and wet bar. The casita is perfect for an office, guest quarters, wine room, or gym. All this and spectacular ocean views! Do not miss this rare opportunity along the California coast!

List price: $4,295,000

2822 Colt Road2822 Colt Road Rancho Palos Verdes CA

(5br/8ba, 7500 sqft.)

Agent's Description:

From its distinctive design to the breathtaking views, this house is an icon of new construction- not just in Rancho Palos Verdes, but in all of the South Bay. Superbly located on a 1 acre lot near the end of a cup-de-sac, you are afforded the security and privacy to roam the estate freely, taking in the many heart-stopping mountain, canyon, city, and panoramic ocean views. This contemporary masterpiece offers uncompromising amenities. In addition to 5 spacious bedrooms, 7.5 bathrooms, an office, study and guest suites, this home also features a separate guest house with its own bedroom, bathroom, and kitchenette. This property showcases a 20' x 80' swimmer's pool plus a hot tub outside of the state of the art pool house. The gorgeous exterior is accentuated with low-maintenance landscaping which combines with the spacious interior to perfectly create the ultimate indoor-outdoor experience. Highlighted by the luxurious reflecting pool encompassing the home, this serene expense provides a most relaxing environment. 

List price: $5,500,000

Notable Sales of the Week

30907 Rue De La Pierre30907 Rue De La Pierre Rancho Palos Verdes CA

(4br/5ba, 4099 sqft.)

Agent's Description:

Be transported into luxury as you enter this beautifully remodeled home with sun-drenched rooms designed with no expense spared. Enjoy yourself in the main living area with two-story ceilings and wall-to-wall windows looking out onto 180-degree ocean views. Each detail is well thought out and the open floor plan seamlessly flows from one room to the next with rich solid white oak floors, Brazilian mahogany interior doors, quartzite countertops, solid cherry cabinets, Subzero refrigerator, 2 Bosch dishwashers and 8 burner stove to impress the most discerning chef. The dreamy master suite with ocean views and access to the exterior feels like a spa retreat with quartzite slabs, dual shower heads and Toto toilette. The picturesque and mature yard was completely re-landscaped in 2014 to provide a zen-like entertaining area for alfresco dinners with ocean views. An existing attic with 13-foot ceilings and 4 existing electric skylights has a preliminary design to add a potential of 1,300 additional square feet of living space with a bathroom. 

Sold price: $2,410,000

30679 Palos Verdes Drive30679 Palos Verdes Drive Rancho Palos Verdes CA

(3br/3ba, 2871 sqft.)

Agent's Description:

This beautiful remodeled home sits high above another home, and is away from PVDE. Seller tirelessly spent the past 5 years to improve the home to perfection so that it has the best floorplan and setting. A welcoming entry leads to the impressive Great Room. At the center is a 2-story high-ceiling living area with expansive floor to ceiling windows/doors. On one end is a cozy fireplace while the other end is the dining area. There are doors that open to the front porch and folding door that opens to the pool area. They are great for indoor/outdoor living, and perfect for entertaining. There is also a tea/play room, which can be used as an office area. The open kitchen is remodeled with quartz countertop, self-closing cabinets, kitchen island and Vikings appliances. A bathroom is on the main floor with quartz countertop and designer tile walls. All the bedrooms are on the upper floor. The master bedroom has ocean view and opens to a private balcony. There is a big walk-in closet and a large master bathroom with tub, double rain shower and vanity area. The second bedroom also have ocean view and private balcony, while the third bedroom has large closet space. They share a hallway bathroom that is also nicely remodeled. The main garage is converted into a play/exercise room,but can easily be converted back. This home has so many designer touches that one has to see it to appreciate. The style is contemporary, yet warm and cozy for an ocean view home. 

Sold price: $1,778,000

30012 Via Rivera30012 Via Rivera Rancho Palos Verdes CA

(5br/4ba, 2791 sqft.)

Agent's Description:

Located at the end of a cul de sac is this remodeled and upgraded 5 bedroom/4 bath home with good curb appeal. There is a double door entry with marble flooring in the entry hall. An updated kitchen with granite counter tops. The backyard has a nice size flat grass area with a large brick patio. The oversized 3 car garage has the laundry area. A large living room, formal dining room, and a family room off the kitchen on the entry level. This spacious floor plan has a remodeled large master suite. The home is conveniently located near Golden Cove and Lunada Bay with easy access to schools. 

Sold price: $1,665,000

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
12 Upper Blackwater Cyn Road 7/9 11127 198173 $8,500,000 $764 0 $8,500,000 05/15/18
59 Paseo De Castana 4/4 4153 8329 $1,699,800 $409 0 $1,699,800 05/15/18
1708 Espinosa Circle 4/3 2439 7785 $1,599,000 $656 0 $1,599,000 05/14/18
29620 Island View Drive 3/3 2199 38655 $799,000 $363 0 $799,000 05/14/18
27919 Ridgecove Court 2/2 1152 309695 $698,000 $606 0 $698,000 05/14/18
3321 Palos Verdes Drive 3/2 1603 8619 $1,685,000 $1,051 0 $1,685,000 05/14/18
3528 Newridge Drive 3/3 4614 12260 $1,688,000 $366 1 $1,688,000 05/14/18
2537 Colt Road 4/3 2891 16596 $1,279,000 $442 1 $1,279,000 05/14/18
2822 Colt Road 5/8 7500 41559 $5,500,000 $733 1 $5,500,000 05/14/18
1 Chuckwagon Road 4/5 4099 52644 $3,495,000 $853 1 $3,495,000 05/14/18
2245 Via La Brea 4/3 2994 11101 $2,299,000 $768 1 $2,299,000 05/13/18
3112 Palos Verdes Dr. N. 2/2 2348 6840 $1,450,000 $618 2 $1,450,000 05/12/18
4711 Sugarhill Drive 5/6 5076 18400 $2,985,000 $588 2 $2,985,000 05/12/18
28318 Trailriders Dr 4/2 2060 10113 $1,275,000 $619 2 $1,275,000 05/12/18
5 Via La Cima 3/3 2414 83619 $1,049,000 $435 2 $1,049,000 05/11/18
7013 Clovercliff Drive 5/3 2658 7545 $1,580,000 $594 3 $1,580,000 05/12/18
2901 Via Anacapa 5/4 3996 18502 $3,695,000 $925 3 $3,695,000 05/10/18
52 Pacifica Del Mar 4/5 4320 25942 $4,295,000 $994 4 $4,295,000 05/11/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
22 Sail View Avenue 4/5 4012 16942 $2,499,000 $623 134 $2,680,000 01/01/18
3 Sycamore Lane 3/3 2184 1947 $869,000 $398 6 $869,000 04/26/18
6542 Ocean Crest Drive B210 1/1 780 167165 $385,000 $494 12 $385,000 05/02/18
26311 Birchfield Avenue 4/3 1939 8054 $1,349,000 $696 7 $1,349,000 05/07/18
5405 Middlecrest Road 4/3 2888 26167 $1,995,950 $691 35 $1,995,950 04/09/18
32709 Seagate Drive 306-f 2/2 1506 753136 $930,000 $618 18 $930,000 04/26/18
2842 Via Victoria 5/4 3956 18119 $2,399,000 $606 63 $2,480,000 03/12/18
504 Via Alcance 3/2 2146 7308 $1,375,000 $641 14 $1,375,000 04/30/18
31010 Hawksmoor Drive 4/4 3123 13722 $1,575,000 $504 11 $1,575,000 05/03/18
5700 Ravenspur Drive 309 2/2 1213 36702 $549,000 $453 34 $549,000 04/09/18
6 Hidden Valley Road 4/3 2100 19761 $1,550,000 $738 15 $1,550,000 04/13/18
3704 Via Palomino 4/3 2576 10669 $2,399,000 $931 55 $2,399,000 03/19/18
2200 Paseo Del Mar 4/3 3007 13731 $3,200,000 $1,064 11 $3,200,000 04/30/18
16 Silver Eagle Road 3/2 1637 8519 $1,195,000 $730 9 $1,195,000 04/09/18
1808 Peninsula Verde Drive 3/2 1895 5741 $839,900 $443 28 $859,900 04/11/18
12 Harbor Sight Drive 3/3 2419 20036 $1,599,000 $661 9 $1,599,000 04/30/18
3448 Tanglewood Lane 5/4 3223 32076 $1,499,000 $465 25 $1,499,000 04/17/18
14 Rockinghorse Road 4/3 2769 35958 $1,800,000 $650 9 $1,800,000 04/30/18
5823 Finecrest Drive 4/3 2593 18471 $1,755,000 $677 82 $1,799,888 02/20/18
18 Surrey Lane 5/4 3610 17947 $1,900,000 $526 67 $2,150,000 03/07/18
2286 Sparta Drive 4/3 2308 17540 $1,050,000 $455 37 $1,100,000 04/02/18
2575 Via Campesina E 2/2 1138 6765 $659,000 $579 13 $659,000 04/30/18
27914 Pontevedra Drive 4/2 1746 7182 $995,000 $570 53 $995,000 03/09/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
27051 Shorewood Road 3/2 1442 11663 $900,000 $624 24 $980,000 05/11/18
30907 Rue De La Pierre 5/3 3069 9362 $2,410,000 $785 9 $1,995,000 05/11/18
3200 La Rotonda Drive 401 2/2 1425 241991 $840,000 $589 32 $925,000 05/11/18
2002 Jaybrook Drive 3/2 1258 6262 $849,000 $675 92 $899,900 05/10/18
30679 Palos Verdes Drive 3/3 2871 20576 $1,778,000 $619 4 $1,499,000 05/10/18
2282 Rue Le Charlene 6/3 2792 14481 $1,370,000 $491 10 $1,350,000 05/10/18
30012 Via Rivera 5/4 2791 10648 $1,665,000 $597 28 $1,748,999 05/10/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
2109 Avenida Aprenda 3/2 1780 9966 $1,015,000 $570 36 $1,048,000 04/08/18
2220 Potrillo Rd 3/2 2062 17969 $1,425,000 $691 38 $1,465,000 04/06/18
8 Pine Tree Lane 3/3 2812 142008 $3,500,000 $1,245 77 $3,700,000 02/26/18
3621 Palos Verdes Drive 4/5 4159 8840 $2,249,000 $541 21 $2,349,000 04/23/18
25 Georgeff Road 4/4 3176 48879 $2,379,000 $749 41 $2,439,000 04/02/18
1728 Chelsea Road 5/3 2984 7555 $1,899,000 $636 34 $1,999,000 04/09/18
8 Peartree Lane 2/3 1704 2042 $875,000 $513 92 $975,000 01/29/18
35 Via Del Cielo 6/8 7220 27509 $6,295,000 $872 53 $6,598,000 02/09/18
29866 Knoll View Drive 4/3 3064 13661 $1,680,000 $548 46 $1,720,000 03/28/18
4213 Via Valmonte 3/3 2199 8337 $1,499,000 $682 14 $1,599,000 04/30/18
67 Paseo Del La Luz 5/6 8320 24365 $7,950,000 $956 181 $8,900,000 11/13/17

 

Get More Palos Verdes Real Estate Info

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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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