Palos Verdes Weekly Update (5/2/18)

Posted by South Bay Staff on Thursday, May 3rd, 2018 at 6:52am.

Palos Verdes Weekly Real Estate Market Update

MAY 2, 2018

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

Palos Verdes Stats

Inventory: 201 active MLS listings in Palos Verdes (same as last week)

New listings this week: 30

Newly in escrow this week: 35

New closed sales this week: 14

New price cuts this week: 11

Featured New Listings of the Week

10 Middleridge Lane10 Middleridge Lane Rolling Hills CA

(3br/4ba, 3657 sqft.)

Agent's Description:

This home is perched on the prestigious street Middleridge Lane South overlooking beautiful panoramic, city light and peak a boo queens necklace views. Enjoy this custom, remodeled home including 3 bedrooms, 4 bathrooms, over 3,657 sq. ft. of living space, all on 2.5 acres of land. As soon as you enter this home you are greeted by high, wood-beam ceilings, beautiful woodfloors, and lots of natural light offering a bright and airy space. This open-floorplan includes a formal living room, a formal dining room, a gorgeous custom kitchen with breakfast nook, and a casual family room. Enjoy indoor-outdoor living by the pool and patio space. The sprawling front lawn overlooks panoramic views, and plenty of space for outdoor entertaining including a fire pit. This property offers lots of space for a possible barn or guest house. This home is turn-key!

List price: $3,900,000

2 Outrider Road2 Outrider Road Rolling Hills CA

(5br/6ba, 5560 sqft.)

Agent's Description:

Beautiful Executive Well Appointed Private Family Estate nestled in the heart of Rolling Hills.Gorgeous remodeled home features ocean & harbor views along with a masterful use of design and flow.As soon as you enter this marvelous custom built home you will appreciate the superb attention to detail & fall in love with its spacious grounds.Enjoy one of two inviting interior courtyards w/waterfall fountains perfect for that rejuvenating Zen experience. Massive family rooms feature a large wet bar w/extensive brickwork & fireplace. Dining Rm opens to a courtyard featuring a soothing fountain.The Master Retreat offers a generous use of space & is centered to take in the beauty of the expansive grounds with harbor views & your own patio. Addtl four bedrooms are ample in size & feature large closets. Four out of Five Bedrooms have En-Suite Bathrooms.The gourmet chefs kitchen offers a massive island with prep sink,two new dishwashers,three ovens,8-burner cooktop w/subzero refrigerator.Kitchen offers casual dining w/ocean & harbor views along with a dual sided FP. The home offers an indoor-outdoor active lifestyle.Resort like premises make this home a one of a kind complete w/an enticing pool and spa waiting for you to relax & take in the views.3 car garage connects to a large finished bonus room along with an access rd leading to the lower lot level.Property has enormous usable land allowing for a guest home & barn. Fully fenced,extensively landscaped & maintained w/upmost of care. 

List price: $3,887,000

35 Eastfield Drive35 Eastfield Drive Rolling Hills CA

(6br/5ba, 4470 sqft.)

Agent's Description:

The ultimate equestrian lovers dream home! Enjoy this beautiful, classic country home featuring 6 bedrooms, 5 bathrooms, 4,470 sq. ft. of living space all on a 1.3 acre lot. The spacious floorplan includes a formal living room, formal dining room, den and living room with a fireplace. The heart of the home can be found in the remodeled kitchen and breakfast nook. The east wing also includes a bedroom and remodeled bathroom, perfect for guests. High ceilings with open-wood beam details, remodeled bathrooms, and beautiful wood floors can be found throughout the home. The west wing of the home you will find the rest of the bedrooms and an office space. The spacious master suite includes a remodeled master bathroom and walk-in closet. Entertain guests in the huge backyard space with the pool, grass lawn, and deck, perfect for indoor-outdoor living. The lower pad has a riding ring and 3-stall barn with tack room. Enjoy over 30 miles of horse trails Rolling Hills has to offer! 

List price: $3,395,000

Notable Sales of the Week

7127 Crest Road7127 Crest Road Rancho Palos Verdes CA

(4br/4ba, 3340 sqft.)

Agent's Description:

Originally designed in 1965 by world-renowned architect Pierre Koenig, also the architect for Case Study Houses No. 21 (Bailey House) and No. 22 (Stahl House), arguably one of the most famous Mid Century Modern homes in the world. This property was thoughtfully and extensively renovated to the 21st century in 2011 with no detail overlooked and finishes that promote a peaceful and luxurious ease in a space functional to today’s modern living. Koenig’s original floor plan and concept shine through, giving form to a revived interpretation of classic minimalism. Entirely secluded from the outside world, just through the privacy gate, enter the epitome of open concept, quintessential California living at its finest. Made possible by floor-to-ceiling sliding glass doors and walls of glass throughout. Entertain in the front yard, pool and patio area while still enjoying the ocean views from the backyard. Marrying old and new, to create an unparalleled home, your life here will be anything but ordinary. Effortlessly timeless, revel in a wondrous, architectural post and beam, all glass, Mid-Century Modern home that is a very rare opportunity for the discerning buyer that appreciates efficiency, simplicity and transparency. No other property on the hill is comparable to this iconic property. 

Sold price: $3,425,000

27538 Eastvale Road27538 Eastvale Road Palos Verdes Peninsula CA

(8br/11ba, 13,050 sqft.)

Agent's Description:

Incomplete, magnificent mansion with 8 bedrooms and 11 bathrooms. Average building cost in the area is $550/sqft, this one is listed at $268/sqft. Waiting for your signature touch before it turns into a magical castle. According to previous seller, the main house is approximately 10,000 Square feet including 5 bedrooms and 7 bathrooms; the Casita is approximately 2400 sqft including 3 bedrooms 3 bathrooms, the pool house is approximately 650 sqft including a bathroom. Upper floor of the main house features 5 bedrooms each has a private balcony and bathroom. The main floor features living room, formal dining room, family room, media room and an enormous kitchen with a grand granite counter top island. A massive open floor is located on the bottom level which could be designed as an entertainment paradise. Pool house is across the main house at the backyard. Casita features 3 bedroom, 2.5 bathrooms, a living room, family room and a bar area. 8 Car garage, horse trail at the back of the property. Family-oriented neighborhood, close to schools, dining and shops. Great schools in Palos Verdes Unified School District. 

Sold price: $3,080,000

Arrowhead Lane8 Arrowhead Lane Rolling Hills Estates CA

(5br/5ba, 4048 sqft.)

Agent's Description:

Light, Bright, Country Kitchen with a bay window breakfast nook and large island overlook family room with conversation area facing the cozy fireplace--all open to patio, pool and back lawn. Formal living room with another fireplace and dining rooms are situated as you enter. One bedroom with attached 3/4 bath which works well as a guest room, and a powder room are also located on the first floor. Upstairs is a huge master suite with retreat and luxurious bath , three other bedrooms, one with a bath, loft and bonus room immediately adjacent. Interior freshly painted. Gated community of Rolling Hills Park Estates with Homeowners' Association Tennis Courts, Paddle Tennis, Sand Volleyball Court, Play Ground Equipment, stables with riding facilities, bridle and hiking trails. 

Sold price: $1,900,000

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
1930 Homeworth Drive 2/1 1181 5869 $760,000 $644 0 $760,000 05/01/18
5965 Peacock Ridge Road 201 2/2 1249 43075 $395,000 $316 0 $395,000 05/01/18
2568 Colt Road 4/4 2191 22005 $1,295,000 $591 0 $1,295,000 05/01/18
113 Via Ardilla 3/2 1669 7811 $1,595,000 $956 0 $1,595,000 05/01/18
2575 Via Campesina E 2/2 1138 6765 $659,000 $579 0 $659,000 04/30/18
6429 Via Colinita 4/4 2679 8119 $1,649,000 $616 0 $1,649,000 04/30/18
2312 Via Pinale 5/6 4464 13769 $3,299,000 $739 0 $3,299,000 04/30/18
1633 Via Machado 4/3 3729 9900 $2,299,000 $617 0 $2,299,000 04/30/18
14 Rockinghorse Road 4/3 2769 35958 $1,800,000 $650 0 $1,800,000 04/30/18
6106 Via Subida 5/6 4436 46174 $3,200,000 $721 0 $3,200,000 04/30/18
35 Eastfield Drive 6/5 4470 58922 $3,395,000 $760 0 $3,395,000 04/30/18
504 Via Alcance 3/2 2146 7308 $1,375,000 $641 0 $1,375,000 04/30/18
12 Harbor Sight Drive 3/3 2419 20036 $1,599,000 $661 1 $1,599,000 04/30/18
2737 Vista Mesa Drive 3/3 3335 46523 $1,750,000 $525 1 $1,750,000 04/30/18
26688 Crenshaw Boulevard 4/4 3450 25136 $2,199,000 $637 1 $2,199,000 04/30/18
2200 Paseo Del Mar 4/3 3007 13731 $3,200,000 $1,064 1 $3,200,000 04/30/18
3 Mustang Road 4/5 5064 18021 $2,695,000 $532 1 $2,695,000 04/29/18
4213 Via Valmonte 3/3 2199 8337 $1,599,000 $727 2 $1,599,000 04/30/18
10 Middleridge Lane 3/4 3657 112176 $3,900,000 $1,066 3 $3,900,000 04/27/18
4002 Rousseau Lane 3/2 2063 26610 $1,488,000 $721 3 $1,488,000 04/27/18
6300 Ridgeglade Court 2/2 1465 519949 $739,000 $504 3 $759,000 04/27/18
27760 Palos Verdes Drive 4/4 4360 24184 $1,995,000 $458 4 $1,995,000 04/27/18
28043 Braidwood Drive 4/2 2197 10295 $1,425,000 $649 4 $1,425,000 04/27/18
5606 Sunmist 5/3 2468 9609 $1,450,000 $588 4 $1,450,000 04/27/18
32709 Seagate Drive 306-f 2/2 1506 753136 $930,000 $618 4 $930,000 04/26/18
28329 Coveridge Drive 5/3 2265 7745 $1,375,000 $607 4 $1,375,000 04/26/18
2 Outrider Road 5/6 5560 58002 $3,887,000 $699 4 $3,887,000 04/26/18
27 Mela Lane 3/3 2883 6019 $1,149,000 $399 4 $1,149,000 04/26/18
4 Surrey Lane 3/2 1837 19851 $1,395,000 $759 4 $1,395,000 04/26/18
1833 Caddington Drive 54 2/2 1103 114469 $549,900 $499 4 $549,900 04/26/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
29214 S Trotwood Avenue 4/2 1650 7240 $879,000 $533 51 $899,000 03/11/18
1640 Via Machado 3/2 1342 5738 $1,099,000 $819 13 $1,099,000 04/16/18
30316 Camino Porvenir 5/3 3355 11591 $1,825,000 $544 27 $1,875,000 04/02/18
5 Cypress Way 2/2 1590 2611 $815,900 $513 16 $815,900 04/14/18
6005 Ocean Terrace Drive 5/5 4397 19093 $2,395,000 $545 33 $2,495,000 03/28/18
1016 Via Romero 4/3 3097 7759 $1,750,000 $565 6 $1,750,000 04/24/18
6024 Via Sonoma 3/4 2796 11185 $1,598,000 $572 11 $1,598,000 04/16/18
3748 Coolheights Drive 4/3 2474 15637 $1,590,000 $643 7 $1,590,000 04/23/18
6107 Arrowroot Lane 2/2 2013 18684 $1,599,000 $794 10 $1,599,000 04/20/18
30905 Ganado Drive 4/3 2709 12911 $1,590,000 $587 10 $1,590,000 04/01/18
5630 Ravenspur Drive 302 1/2 864 23619 $424,868 $492 62 $424,868 01/11/18
26839 Hyte Road 4/2 1670 10047 $1,050,000 $629 7 $1,050,000 04/23/18
30037 Avenida Esplendida 3/4 3714 13480 $2,100,000 $565 17 $2,100,000 04/13/18
5229 Silver Arrow Drive 4/2 1701 9848 $1,259,000 $740 27 $1,259,000 04/03/18
3629 Navajo Place 5/5 4013 9398 $2,400,000 $598 356 $2,499,000 05/06/17
28661 Vista Madera 2/2 1122 238445 $619,000 $552 8 $619,000 03/28/18
912 Via Del Monte 5/4 3418 18837 $2,288,000 $669 29 $2,495,000 03/28/18
30379 Camino Porvenir 5/4 4153 11699 $2,548,000 $614 14 $2,548,000 04/16/18
2800 Via Campesina 6/6 5057 18502 $3,500,000 $692 49 $3,500,000 03/12/18
3205 Palos Verdes Drive 3/2 1605 6860 $1,450,000 $903 33 $1,450,000 03/28/18
3321 Palos Verdes Drive 3/2 1603 8619 $1,685,000 $1,051 14 $1,685,000 04/16/18
17 Cresta Verde Drive 2/3 1400 491349 $690,000 $493 15 $690,000 04/10/18
30623 Rue De La Pierre 4/2 2430 20549 $1,498,000 $616 5 $1,498,000 04/21/18
30323 Abrazo Drive 3/3 1874 8882 $1,249,000 $666 13 $1,249,000 03/01/18
2618 Sunnyside Ridge Road 4/2 2154 35709 $1,488,000 $691 20 $1,488,000 04/10/18
2808 Via Pacheco 3/3 2205 8762 $1,649,000 $748 18 $1,649,000 04/04/18
6904 Beechfield Drive 4/3 2535 10142 $1,049,000 $414 17 $1,049,000 04/13/18
1409 Via Davalos 6/4 4448 15676 $3,195,000 $718 57 $3,195,000 03/04/18
800 Paseo Lunado 3/2 1620 10029 $1,595,000 $985 11 $1,595,000 04/19/18
3609 W Hidden Lane C 2/3 1727 126121 $690,000 $400 35 $720,000 03/26/18
6305 Ridgeglade Court 4/3 2005 519949 $945,000 $471 13 $945,000 03/27/18
27051 Shorewood Road 3/2 1442 11663 $980,000 $680 24 $980,000 04/01/18
23 Chuckwagon Road 3/3 2222 32550 $1,995,000 $898 28 $1,995,000 04/02/18
3747 N Palos Verdes Drive 4/5 3588 76517 $3,645,000 $1,016 57 $3,695,000 02/26/18
26823 Shorewood Road 3/2 1834 8573 $1,249,000 $681 55 $1,199,000 03/06/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
6324 Ridgepath Court 3/2 1862 519949 $725,000 $389 31 $725,000 05/01/18
2337 Palos Verdes Drive 7 3/2 1567 15913 $815,000 $520 6 $779,000 05/01/18
3024 Via Rivera 3/3 2255 6695 $1,545,000 $685 21 $1,569,000 05/01/18
29641 S Western Avenue 106 2/2 1207 72443 $398,000 $330 13 $398,000 04/30/18
95 Cypress Way 3/3 2184 1927 $815,000 $373 11 $849,000 04/30/18
8 Arrowhead Lane 5/5 4048 12266 $1,900,000 $469 14 $1,999,999 04/30/18
102 Spindrift Drive 3/3 1855 2800 $1,900,000 $1,024 18 $1,895,000 04/30/18
27538 Eastvale Road 8/11 13050 45028 $3,080,000 $236 55 $3,280,000 04/28/18
6044 Scotmist Drive 4/3 2166 8353 $1,260,000 $582 75 $1,328,000 04/27/18
29641 S Western Avenue 104 2/2 1207 72593 $420,000 $348 28 $439,000 04/27/18
7127 Crest Road 4/4 3340 12098 $3,425,000 $1,025 9 $3,549,000 04/27/18
28103 Ridgepoint Court 3/3 1974 519949 $950,000 $481 20 $975,000 04/27/18
164 Aspen Way 3/3 2184 87381360 $905,000 $414 0 $925,000 04/27/18
601 Via Paro 4/2 1946 10375 $1,375,000 $707 12 $1,398,000 04/26/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
1560 Via Leon 4/3 3884 16013 $2,399,000 $618 72 $2,599,000 02/19/18
22 Goldenspur Lane 5/4 4700 35299 $1,980,000 $421 16 $2,200,000 04/15/18
412 Via Almar 5/5 3875 10038 $3,490,000 $901 97 $3,690,000 01/24/18
6300 Ridgeglade Court 2/2 1465 519949 $739,000 $504 3 $759,000 04/27/18
1808 Velez Drive 5/4 3478 7212 $1,530,000 $440 127 $1,595,000 09/12/17
2545 Via Campesina 106 2/3 1511 21381 $685,000 $453 49 $749,000 02/09/18
1320 Via Romero 4/6 3000 7281 $3,650,000 $1,217 224 $4,190,000 09/18/17
2286 Sparta Drive 4/3 2308 17540 $1,050,000 $455 28 $1,100,000 04/02/18
11 Shadow Lane 4/3 3382 28548 $1,888,888 $559 20 $2,200,000 04/11/18
861 Rincon Lane 6/7 5038 12614 $3,995,000 $793 105 $4,250,000 01/15/18
7327 Via Lorado 5/4 2917 19731 $2,790,000 $956 62 $2,995,000 02/28/18

 

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