Palos Verdes Weekly Update (5/30/18)

Posted by South Bay Staff on Wednesday, May 30th, 2018 at 2:00pm.

Palos Verdes Weekly Real Estate Market Update

MAY 30, 2018

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

Palos Verdes Stats

Inventory: 216 active MLS listings in Palos Verdes (+3 over last week)

New listings this week: 28

Newly in escrow this week: 32

New closed sales this week: 11

New price cuts this week: 17

Featured New Listings of the Week

2701 Via Elevado2701 Via Elevado Palos Verdes Estates CA

(5br/6ba, 8847 sqft.)

Agent's Description:

Tucked away on a private cul-de-sac and situated on 3.3 pristine acres, the King of the Hill is one of South Bay's largest and most majestic estates. A dramatic gated entry winds to a stone rotunda guardhouse with historic castle doors. A stone and wood bridge leads to an impressive motor court complete with waterfalls and lush gardens. Stone pathways are lined by exotic plants, fruit trees and grassy lawns. Boasting appr. 9,000sqft of living space, this Spanish Colonial masterpiece is grand yet comfortable with breathtaking ocean and coastline views from most rooms. Upstairs is a spectacular living room, a striking music room, an elegant dining room and a remarkable master-suite with dual baths and private office. Downstairs, the paneled billiard room leads to the expansive guest suites, wine cellar and massage room. The sun-drenched pool and spa also enjoy panoramic ocean and hillside vistas. Family owned for the past 40+ years, are you the next guardian of this extraordinary estate?

List price: $18,900,000

7 Acacia Road7 Acacia Road Rolling Hills CA

(4br/6ba, 5630 sqft.)

Agent's Description:

Situated on a quiet cul-de-sac, a winding walkway leads you to this stunning country estate, effortlessly combining rustic and modern styles in a seamless and elegant manner. Step inside to discover a game room, formal living room, an amazing chef’s kitchen that includes, custom cabinetry, Neolith, Quartz and natural stone counters, and stainless steel sinks. A spectacular family room directly off the kitchen creates the “Great Room” everyone desires. The bedroom wing consists of 3 bedrooms, including a luxurious master suite with its vintage brick fireplace set in herringbone pattern. The Master bathroom has Neolith counters, custom cabinetry, heated floors, a gorgeous soaker tub and basalt stone shower with river rock floor. The sinks and bathtub in the master bath are made of resin, which is soft and luxurious compared to porcelain. This is the epitome of outdoor entertaining, where lush and natural landscaping blends with the beautiful pool, spa and BBQ area. The rock pool slide offers fun for those young and young at heart. Guests may never want to leave once they discover the 650 square foot 1 bedroom, 1 bath guest house. Other features include: An office, formal dining room, Vintage chestnut flooring, custom porcelain tile, new skylights with integrated blinds and remote controls, newer outdoor lighting, new AC/heat (Nest system), Security system and Sonos sound system. Solar power panels installed as well! (Edison bill is usually less than $10.00 per month). 

List price: $5,299,000

27921 Palos Verdes Drive27921 Palos Verdes Drive Rancho Palos Verdes CA

(5br/4ba, 3883 sqft.)

Agent's Description:

Spectacular, Stunning, Move In condition One Of A Kind single story masterpiece residence.The design & architecture of this magnificent residence reflects a contemporary mood with classic values. This design is seen throughout the house & was inspired by the idea of making a house luxurious & sophisticated yet humble & flexible enough to fit in to any type of lifestyle. Co designed by Casa Siena, Boris Flores, Seed Group, Scott Martin & furnished by Christopher Guy. The stunning renovation incorporates beautiful hardwood and limestone floors, Venetian plaster & custom design details with state-of-the-art lighting & technology systems throughout the house. The elegant versatile and wide open layout offers 5 bedrooms 4 bath including an enormous Master Bedroom Suite with custom wood paneled Dressing Rooms, spacious Sitting Room & luxurious marble Bathroom with walk-in closets.A gleaming kitchen is outfitted with a large marble island counter, 2 copper sinks & Thermador appliances. It is open to the formal dining & expensive living rooms. Featuring a meticulous renovation & boasting extraordinary views you will marvel at arresting views of Downtown L.A. & the west side, this elegant trophy residence is an absolute perfection. Other points to include: Over 10 thousands square feet of hardscape covered by travertine. House automation designed by Magnolia Audio and Video. 100% of the house lit by low voltage Led fixtures. New plumbing, Electrical & pool equipment. 

List price: $3,499,000

Notable Sales of the Week

1320 Via Romero1320 Via Romero Palos Verdes Estates CA

(4br/6ba, 3000 sqft.)

Agent's Description:

Discover 1320 Via Romero, where contemporary meets Palos Verdes. This is exactly what you've been looking for, but haven't found... YET. There's nothing like it, and it's perfect. Rarely do you find this unique combination of sophistication and warmth. This brand new masterpiece features exotic materials, and a floor plan that encourages entertaining. Enjoy the great room with its vaulted ceiling, stone fireplace, and walls of glass that invite you to take in the expansive ocean / Catalina views. The elevator stops at all floors. The gourmet kitchen makes an immediate impression. Lounge in the luxurious master suite, or bask in the sun by the sparkling pool and spa. This romantic hideaway is anything but ordinary, and one you're unlikely to find anywhere else. 

Sold price: $3,600,000

15 Lantana Place15 Lantana Place Rolling Hills Estates CA

(5br/6ba, 4695 sqft.)

Agent's Description:

Magnificent contemporary gated estate overlooking Rolling Hills Country Club and with views of Downtown Los Angeles. Located in the Kramer Club community off of PVDN. Completely renovated. Five Bedroom, Six Bathrooms. Private Study. Living room and family room both with pocket sliding doors. Fireplace in family room. Formal dining room. Open concept kitchen with Viking appliances. Two staircases leading up to four bedrooms upstairs. Two HVAC units. Hardwood floors and recessed led lights. Smart home with modern features. Surround sound throughout.

Sold price: $2,650,000

30447 Camino Porvenir30447 CAmino Porvenir Rancho Palos Verdes CA

(6br/4ba, 3956 sqft.)

Agent's Description:

FANTASTIC OCEAN VIEW! View from Santa Monica to Catalina! It is located in highly sought- after Los Verdes Country Club area. 6BR+Library, Inviting entry way. High ceiling living room and dining room. Spacious family room adjacent to a recreational room with an in-ground spa. One bedroom on the main floor. Large master suite with sitting area and breathtaking ocean view. Beautiful grounds with pool, BBQ, fire pit and waterfall. HOUSE NEEDS WORK BUT HAS SCREAMING POTENTIAL.

Sold price: $1,888,000

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
3602 W Estates Lane 112 0/1 440 433780 $275,000 $625 0 $275,000 05/30/18
2701 Via Elevado 5/6 8847 146236 $18,900,000 $2,136 0 $18,900,000 05/29/18
4730 Rockbluff Drive 4/2 1971 12949 $1,220,000 $619 0 $1,220,000 05/28/18
3209 Via La Selva 3/3 2838 6231 $1,599,000 $563 0 $1,599,000 05/28/18
2462 Rue Le Charlene 3/3 3338 21505 $1,825,000 $547 1 $1,825,000 05/29/18
5630 Ravenspur Drive 102 1/2 864 23619 $515,000 $596 1 $515,000 05/28/18
12 Saddlebow Lane 4/3 3106 43492 $2,799,000 $901 1 $2,799,000 05/28/18
1406 Via Coronel 5/4 3313 15637 $2,550,000 $770 1 $2,550,000 05/28/18
6329 Tarragon Road 4/4 4267 19882 $2,495,000 $585 1 $2,495,000 05/28/18
5563 Seaside Heights Drive 4/4 3015 11053 $2,095,000 $695 1 $2,095,000 05/28/18
4812 Elmdale Drive 3/2 1595 9200 $999,999 $627 1 $999,999 05/28/18
3200 La Rotonda Drive 403 3/2 1527 241991 $875,000 $573 1 $875,000 05/28/18
1516 Chelsea Road 3/2 2435 11936 $1,958,800 $804 1 $1,958,800 05/28/18
2637 Via Olivera 4/4 4030 8188 $2,890,000 $717 1 $2,890,000 05/27/18
27921 Palos Verdes Drive 5/4 3883 44229 $3,499,000 $901 1 $3,499,000 05/27/18
26824 Indian Peak Road 3/2 1668 8202 $1,080,000 $647 2 $1,080,000 05/28/18
7 Acacia Road 4/6 5630 75720 $5,299,000 $941 2 $5,299,000 05/28/18
921 Via Del Monte 4/4 3965 11419 $2,125,000 $536 2 $2,125,000 05/06/18
1433 Via Cataluna 4/3 2171 8590 $1,450,000 $668 2 $1,450,000 05/26/18
1201 Via Descanso 4/4 3807 9206 $2,458,000 $646 3 $2,458,000 05/26/18
2066 Dorado Drive 4/2 2106 6898 $1,150,000 $546 4 $1,150,000 05/25/18
2114 Chandeleur Drive 4/4 3654 18717 $1,650,000 $452 4 $1,650,000 05/25/18
4403 Miraleste Drive 3/2 2108 6197 $1,249,000 $593 4 $1,249,000 05/24/18
1300 Mount Rainier Road 4/2 2100 5786 $1,050,000 $500 4 $1,050,000 05/24/18
100 Terranea Way 11-301 3/4 2433 328923 $1,795,000 $738 4 $1,795,000 05/24/18
4300 Via Azalea 5/2 2454 10807 $2,268,000 $924 5 $2,268,000 05/23/18
25 Peartree 18 4/3 2148 2427 $1,015,000 $473 5 $1,015,000 05/24/18
27703 Eastvale Road 4/4 3050 27063 $1,850,000 $607 5 $1,850,000 05/24/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
24 San Clemente Drive 4/4 2920 18229 $2,000,000 $685 5 $1,999,000 05/25/18
2568 Colt Road 4/4 2191 22005 $1,295,000 $591 29 $1,295,000 05/01/18
517 Via Del Monte 5/4 2903 7210 $1,720,000 $592 35 $1,750,000 04/23/18
19 Via Granada 3/3 2006 303488 $929,888 $464 22 $929,888 05/07/18
4405 Via Valmonte 3/2 2456 9622 $1,598,000 $651 6 $1,598,000 05/22/18
41 Santa Barbara Drive 5/5 3732 18617 $2,595,000 $695 104 $2,695,000 02/09/18
28315 Ridgehaven Court 3/3 2451 753582 $1,098,000 $448 11 $1,098,000 04/13/18
1429 Via Zumaya 5/6 5258 15397 $3,499,000 $665 3 $3,499,000 02/13/18
3 Reata Lane 3/2 2885 47236 $2,099,000 $728 42 $2,300,000 04/16/18
22 Goldenspur Lane 4/4 4390 35299 $1,980,000 $451 43 $2,200,000 04/15/18
29034 Warnick Road 5/4 3429 8241 $1,479,000 $431 20 $1,579,000 05/07/18
6529 Via Siena 2/2 1774 5857 $1,250,000 $705 112 $1,350,000 01/30/18
2286 Sparta Drive 4/3 2308 17540 $1,050,000 $455 47 $1,100,000 04/02/18
30 Club View Lane 6/3 3028 17773 $1,998,000 $660 29 $1,998,000 04/29/18
12 Via Del Cielo 5/7 7031 26157 $4,195,000 $597 190 $4,680,000 10/16/17
28035 Hazelridge Drive 5/4 2197 8613 $1,150,000 $523 11 $1,150,000 05/17/18
1908 Lasita Place 3/2 1746 7327 $899,900 $515 6 $899,900 05/19/18
2245 Via La Brea 4/3 2994 11101 $2,299,000 $768 15 $2,299,000 05/13/18
1017 Via Fortuna 4/3 2654 12282 $1,999,000 $753 7 $1,999,000 05/21/18
2537 Colt Road 4/3 2891 16596 $1,279,000 $442 14 $1,279,000 05/14/18
3700 Via Palomino 4/5 3962 9781 $2,995,000 $756 7 $2,995,000 05/21/18
4111 Sea Horse Lane 2/2 1150 10813 $1,495,000 $1,300 67 $1,675,000 03/22/18
29108 S Highmore Avenue 3/2 1347 5995 $735,000 $546 40 $765,000 04/18/18
6526 Ocean Crest Drive A314 2/2 1209 167165 $499,000 $413 19 $499,000 05/09/18
2209 Via Alamitos 4/2 2039 9589 $1,750,000 $858 11 $1,750,000 05/17/18
28329 Coveridge Drive 5/3 2265 7745 $1,375,000 $607 23 $1,375,000 04/26/18
1245 Via Coronel 5/5 4171 15398 $2,397,000 $575 94 $2,397,000 02/23/18
3609 W Hidden Lane C 2/3 1727 126121 $690,000 $400 63 $720,000 03/26/18
4213 Via Valmonte 3/3 2199 8337 $1,499,000 $682 28 $1,599,000 04/30/18
27919 Ridgecove Court 2/2 1152 309695 $698,000 $606 14 $698,000 05/14/18
42 Club View Lane 6/4 3697 19263 $1,995,000 $540 97 $2,195,000 02/20/18
5630 Ravenspur Drive 302 1/2 864 23619 $399,988 $463 90 $424,868 01/11/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
1320 Via Romero 4/6 3000 7281 $3,600,000 $1,200 226 $4,190,000 05/25/18
6208 Lochvale Drive 4/3 2694 7674 $1,368,000 $508 36 $1,300,000 05/25/18
6107 Arrowroot Lane 2/2 2013 18684 $1,625,000 $807 9 $1,599,000 05/25/18
30905 Ganado Drive 4/3 2709 12911 $1,620,000 $598 7 $1,590,000 05/25/18
2322 W Palos Verdes Drive 2/2 1171 0 $675,000 $576 8 $669,000 05/25/18
2525 Via Campesina 405 2/2 1319 16809 $870,000 $660 3 $890,000 05/25/18
800 Paseo Lunado 3/2 1620 10029 $1,595,000 $985 6 $1,595,000 05/25/18
4333 Via Frascati 4/4 2233 16144 $1,369,000 $613 165 $1,425,000 05/24/18
30447 Camino Porvenir 6/4 3956 12062 $1,888,000 $477 6 $1,799,000 05/24/18
15 Lantana Place 5/6 4695 25593 $2,650,000 $564 14 $2,745,000 05/24/18
1006 Estrella Del Mar 2/2 1895 0 $846,400 $447 275 $860,990 05/24/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
2633 Via Valdes 4/3 3001 6707 $1,750,000 $583 24 $1,799,000 05/06/18
5 Chaparral Lane 5/4 3894 29382 $1,995,000 $512 49 $2,495,000 04/10/18
25 Georgeff Road 4/4 3176 48879 $2,275,000 $716 56 $2,439,000 04/02/18
980 Via Rincon 5/6 6500 16708 $4,195,000 $645 119 $4,499,000 01/30/18
6925 Clovercliff Drive 5/3 2242 7674 $1,350,000 $602 9 $1,399,000 05/19/18
28619 Mount Sawtooth 5/2 2100 8111 $985,000 $469 26 $1,018,000 05/02/18
28220 Highridge Road 306 2/3 1226 0 $835,000 $681 79 $839,000 03/10/18
28220 Highridge 311 2/2 1327 0 $949,000 $715 25 $959,000 05/03/18
1608 Granvia Altamira 4/3 3387 8477 $1,938,000 $572 67 $1,999,800 03/23/18
30011 Via Victoria 3/4 2875 10390 $1,980,000 $689 62 $1,995,000 03/27/18
8 Quail Ridge Road 4/5 5604 224905 $5,500,000 $981 175 $6,150,000 12/04/17
28220 Highridge Road 211 2/2 1327 0 $819,500 $618 116 $865,000 02/01/18
28021 Lomo Drive 3/2 1577 7603 $1,249,000 $792 49 $1,275,000 04/09/18
1249 Via Landeta 4/3 3598 11700 $1,749,900 $486 24 $1,799,900 05/04/18
2357 Via Anacapa 3/2 1717 15568 $1,759,000 $1,024 45 $1,785,000 04/14/18
1958 Peninsula Verde Drive 3/3 2462 7241 $969,950 $394 115 $1,095,000 02/02/18
28661 Vista Madera 2/2 1122 238445 $609,000 $543 34 $619,000 03/28/18

 

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