Palos Verdes Weekly Update (5/9/18)

Posted by South Bay Staff on Thursday, May 10th, 2018 at 8:20am.

Palos Verdes Weekly Real Estate Market Update

MAY 9, 2018

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

Palos Verdes Stats

Inventory: 215 active MLS listings in Palos Verdes (+14 over last week)

New listings this week: 28

Newly in escrow this week: 18

New closed sales this week: 8

New price cuts this week: 11

Featured New Listings of the Week

2445 Via Sonoma2445 Via Sonoma Palos Verdes Estates CA

(4br/4ba, 3354 sqft.)

Agent's Description:

Ocean views and breezes, a large terraced back yard, and an abundance of interior light; welcome to 2445 Via Sonoma! Situated on a lovely Olive tree lined street, you are greeted with a beautiful pull through brick driveway that connects to the lower level 2 car garage. Behind the wooden courtyard gates, entry to the home through the fully tiled and planter-outfitted piazza is through beautiful, wrought iron decorated double doors. Once inside, the spacious and bright multi-level living room with beautiful high barrel ceilings is inviting and bright with large Pella double-glass doors providing a view of the rear 2-level patio and expansive back yard. The romantic sunken master suite and guest bathroom have been remodeled in the same modern Tuscan style with dark wood, travertine tile and rubbed oil bronze fixtures. The front bedrooms in the east and west wings of the home feature the same large plank floors as the main living area, gable windows and sliding doors with access to the front courtyard, providing additional access and light. The kitchen features stainless steal appliances and separate eating area along with the family room with more large windows and patio doors that afford views out to Malibu, as well as a dutch door providing direct access to the side driveway. Down the switchback staircase provides access to what really make this home one of a kind; the professional grade, separate entrance, soundproof sound studio which can modified into a home theatre!

List price: $2,349,000

856 Rincon Lane856 Rincon Lane Palos Verdes Estates CA

(5br/6ba, 5653 sqft.)

Agent's Description:

World of Paradise! This beautiful Mediterranean custom built home offers one of the finest ocean, city, Queen’s Necklace and sunset views on the Peninsula. It features a very open floorplan with an approximate 5,653 SF of living space, 5 bedrooms, 5.5 baths and a media room (5th bedroom currently used as an office). Welcome to an open formal entry that leads to the Formal Living, Dining Room, Family Room and Kitchen. Large gourmet kitchen has double islands, gorgeous wood cabinets, three ovens, built in microwave, 2 dishwashers, Subzero, Viking appliances and a Miele espresso maker. The luxurious master suite overlooks expansive views with a spacious master bathroom complete with a large shower, separate steam room, his & hers walk in closet, double sinks and a spa tub. Other amenities include automated security surveillance camera system, gorgeous pool overlooking La Venta Inn, an 800-bottle capacity wine cellar, an elevator, a 3-car garage, natural stone / hardwood flooring throughout, gorgeous custom stone fireplaces, plenty of storage space as well as Andersen windows and doors throughout. Located on a cul-del-sac this this home offers a very comfortable setting and is a pure joy to call it home. 

List price: $7,600,000

63 Paseo Del La Luz63 Paseo Del La Luz Rancho Palos Verdes CA

(5br/7ba, 8034 sqft.)

Agent's Description:

Luxury Mediterranean estate with endless ocean & Catalina views, in the prestigious multi-million dollar neighborhood of Oceanfront Estates on the Palos Verdes Peninsula. This sprawling superior estate offers over 8000 sqft of ocean side living on over a half acre private lot. One of the most desirable floor plans in this community w/ 5 bdrms & 7 bths. Two story floor plan offers a flawless design combining a balance of elegant yet comfortable architecture. Upper level perfectly pairs the formal dining rm, formal living rm, library, music room, gourmet kitchen , family rm, luxurious master retreat, & huge terraces that overlook the lavish grounds & breathtaking views of the ocean. Dual staircase leads to a magnificent lower level featuring 4 spacious bdrms w/ en-suite bathrooms, impressive mahogany bar, recreation rm, 2nd family rm, & theater rm. Tranquil pool & spa, fireplace, built-in BBQ & ocean views with beautiful sunsets. Elevator & 4 car spacious garage

List price: $5,980,000

Notable Sales of the Week

16 Crest Road16 Crest Road Rolling Hills CA

(6br/7ba, 5460 sqft.)

Agent's Description:

Outstanding opportunity to live on the prestigious Crest Road in the 24-hour guard gated city of Rolling Hills. Built in 1977, this home is in original condition ready for updating. This is a unique opportunity to make this home your own. The property features a dramatic entrance with a circular driveway. From the front of the house you have ocean and Catalina views. This home includes 6 bedrooms, 7 bathrooms, 5,460 sq. ft. of living space and a 4-car garage. There is a formal dining room, living room, family room and kitchen with breakfast nook. Enjoy almost 2 acres of land with lots of privacy from the main road. The spacious backyard is surrounded by lush landscape with a huge lawn.

Sold price: $3,450,000

34 Sail View Avenue34 Sail View Avenue Rancho Palos Verdes CA

(4br/5ba, 4012 sqft.)

Agent's Description:

You are sure to be impressed when you see this magnificent 4,012 SF home, located in the well-regarded Sea Breeze Community. This newer home has everything you need. The main floor is laid out nicely with a formal entry, family room with 24 foot high ceilings, formal dining room, kitchen, living room, laundry room, bedroom or office with an en-suite bathroom and two garages. Looking out to the living room, the upscale kitchen has granite countertops, detailed backsplash, stainless steel appliances and a walk-in pantry. From the den you can see the flagstone patio in the backyard. In addition to the nice patio, there are two flat grassy areas and a large brick planter for gardening or to showcase beautiful rose bushes. Inside and up the grand staircase brings you to the large den overlooking the family room. The upper level has three bedrooms and three bathrooms, centered around the great sized den. Through a double door entry there is a Grand Master Suite with a fireplace, sitting area and a 200 SF balcony looking out to the view. The master suite is complete with a luxurious bathroom featuring a Jacuzzi bathtub for two, an oversized shower, his and hers vanities and a large walk-in closet. Palos Verdes is known for its beautiful rolling hills, coastline views, safe and quiet community, renowned public schools and large homes. The Sea Breeze Community is close to walking trails, parks, golf courses and the Peninsula Shopping Center. 

Sold price: $2,150,000

4224 Via Nivel4224 Via Nivel Palos Verdes Estates CA

(4br/4ba, 2439 sqft.)

Agent's Description:

Quintessential Valmonte! A white picket fence encloses the grassy front yard of this charming Cape Cod style home. Inside, the spacious living room has a fireplace and bay window to take advantage of the city lights view. There’s an adjacent formal dining area as well as a separate family room which leads to the beautiful backyard with brick patio, mature landscaping and freestanding spa. The updated kitchen features white cabinets and dark leathered granite counters, stainless appliances and an adjacent breakfast area. There’s also a separate laundry room. Four bedrooms, include a large master-suite with luxurious bathroom and walk-in closet. French doors, hardwood floors, air-conditioning, newer windows and doors, tons of storage, a 2 car garage, a generous driveway, and much more. 

Sold price: $1,973,000

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
1629 Via Zurita 5/3 2144 7467 $1,679,000 $783 0 $1,679,000 05/08/18
2860 Palos Verdes Drive 6/6 4975 121568 $3,700,000 $744 0 $3,700,000 05/08/18
29034 Warnick Road 5/4 3429 8241 $1,579,000 $460 0 $1,579,000 05/07/18
5630 Ravenspur Drive 208 2/2 1060 23619 $550,000 $519 0 $550,000 05/07/18
32679 Seagate Drive 201 2/2 1736 753046 $799,000 $460 0 $799,000 05/07/18
32 Packet Road 4/4 2341 9769 $1,549,000 $662 1 $1,549,000 05/07/18
26311 Birchfield Avenue 4/3 1939 8054 $1,349,000 $696 1 $1,349,000 05/07/18
28134 Ridgepoint Court 2/2 1494 519949 $750,000 $502 1 $750,000 05/07/18
19 Via Granada 3/3 2006 303488 $929,888 $464 1 $929,888 05/07/18
28428 Cedarbluff Drive 5/4 3424 17868 $1,849,000 $540 1 $1,849,000 05/07/18
13 Caballeros Road 4/5 4020 49469 $4,500,000 $1,119 1 $4,500,000 05/06/18
2633 Via Valdes 4/3 3001 6707 $1,799,000 $599 1 $1,799,000 05/06/18
30358 Camino Porvenir 6/4 3717 8092 $1,665,000 $448 2 $1,665,000 05/04/18
63 Paseo Del La Luz 5/7 8034 24408 $5,980,000 $744 2 $5,980,000 05/04/18
856 Rincon Lane 5/6 5653 15877 $7,600,000 $1,344 3 $7,600,000 05/04/18
2571 Via Campesina A 2/2 1335 11672 $739,000 $554 3 $739,000 05/04/18
10 Country Meadow Road 4/4 4080 20992 $2,499,000 $613 3 $2,499,000 04/27/18
16 Silver Eagle Road 3/2 1637 8519 $1,195,000 $730 3 $1,195,000 04/09/18
6704 Via Canada 3/3 2070 8248 $1,365,000 $659 3 $1,365,000 05/04/18
28220 Highridge 2/2 1327 0 $959,000 $723 3 $959,000 05/03/18
145 Rocky Point Road 5/6 5178 18417 $8,000,000 $1,545 4 $8,000,000 05/04/18
1249 Via Landeta 4/3 3598 11700 $1,799,900 $500 4 $1,799,900 05/04/18
28635 Mount Shasta Drive 3/3 1768 6848 $975,000 $551 4 $975,000 05/03/18
29111 Golden Meadow Drive 5/3 2128 9512 $1,480,000 $695 4 $1,480,000 05/02/18
31010 Hawksmoor Drive 4/4 3123 13722 $1,575,000 $504 4 $1,575,000 05/03/18
976 Via Del Monte 5/6 5016 16575 $3,499,000 $698 5 $3,499,000 05/03/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
11 Shadow Lane 4/3 3382 28548 $1,888,888 $559 26 $2,200,000 04/11/18
5606 Sunmist 5/3 2468 9609 $1,450,000 $588 10 $1,450,000 04/27/18
30836 Via La Cresta 4/3 2720 19465 $2,099,000 $772 35 $2,099,000 04/02/18
15 Amber Sky Drive 4/4 3139 19879 $2,490,000 $793 137 $2,500,000 10/19/17
30543 Camino Porvenir 5/4 2960 11257 $1,955,000 $660 25 $1,955,000 04/08/18
1525 Caddington Drive 3/3 1768 5884 $939,900 $532 48 $929,000 03/13/18
26838 Basswood Avenue 3/2 1397 9157 $989,000 $708 9 $989,000 04/24/18
3324 Crownview Drive 7/7 6000 26274 $4,120,000 $687 35 $4,190,000 03/30/18
27 Mela Lane 3/3 2883 6019 $1,149,000 $399 10 $1,149,000 04/26/18
28121 Ridgepoint Court 2/2 1600 519748 $864,000 $540 27 $879,000 04/09/18
34 Horseshoe Lane 4/4 3024 14034 $1,895,000 $627 34 $1,895,000 03/18/18
30016 Grandpoint Lane 4/3 2616 9461 $1,800,000 $688 17 $1,800,000 04/19/18
2017 Paseo Del Sol 4/6 5446 24603 $6,499,000 $1,193 13 $6,499,000 04/23/18
4869 Browndeer Lane 4/3 2366 22897 $1,299,999 $549 100 $1,399,000 01/22/18
26589 Basswood Avenue 3/2 1672 9686 $1,180,000 $706 20 $1,180,000 04/12/18
28666 Vista Madera 3/3 1436 238445 $609,000 $424 7 $609,000 04/25/18
1833 Caddington Drive 54 2/2 1103 114469 $549,900 $499 10 $549,900 04/26/18
1320 Via Romero 4/6 3000 7281 $3,650,000 $1,217 230 $4,190,000 09/18/17

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
30103 Avenida Celestial 3/3 2706 11282 $1,730,000 $639 54 $1,875,000 05/04/18
16 Crest Road 6/7 5460 86975 $3,450,000 $632 0 $3,595,000 05/04/18
34 Sail View Avenue 4/5 4012 21877 $2,150,000 $536 10 $2,199,000 05/04/18
4224 Via Nivel 4/4 2439 7918 $1,973,000 $809 32 $2,100,000 05/04/18
10 Martingale Drive 4/3 3600 20406 $2,000,000 $556 15 $1,900,000 05/03/18
28111 S Montereina Drive 4/2 1746 8518 $836,500 $479 9 $859,000 05/03/18
9 Crestwind Drive 4/4 2791 18405 $1,698,000 $608 16 $1,698,000 05/03/18
70 Rockinghorse Road 4/3 2763 29184 $1,995,000 $722 0 $1,995,000 05/03/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
1629 Via Margarita 4/4 4348 20756 $3,259,900 $750 79 $3,799,000 02/18/18
1 Anacapa 4/4 3286 21811 $2,695,000 $820 88 $2,895,000 02/08/18
5 Chaparral Lane 5/4 3894 29382 $2,295,000 $589 26 $2,495,000 04/10/18
2 Chaparral Lane 3/3 2860 26824 $1,695,000 $593 21 $1,895,000 04/16/18
26404 Birchfield Avenue 3/3 2043 8412 $1,299,000 $636 28 $1,349,000 04/08/18
2842 Via Victoria 5/4 3956 18119 $2,399,000 $606 55 $2,480,000 03/12/18
8 Quail Ridge Road 4/5 5604 224905 $5,700,000 $1,017 153 $6,150,000 12/04/17
3 Reata Lane 3/2 2885 47236 $2,099,000 $728 20 $2,300,000 04/16/18
42 Club View Lane 6/4 3697 19263 $1,995,000 $540 76 $2,195,000 02/20/18
6958 4/4 4048 21390 $2,990,000 $739 70 $3,200,000 02/26/18
1808 Peninsula Verde Drive 3/2 1895 5741 $839,900 $443 26 $859,900 04/11/18

 

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.

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