Palos Verdes Weekly Update (6/20/18)

Posted by South Bay Staff on Wednesday, June 20th, 2018 at 8:40am.

Palos Verdes Weekly Real Estate Market Update

June 20, 2018

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

Palos Verdes Stats

Inventory: 242 active MLS listings in Palos Verdes (-2 from last week)

New listings this week: 28

Newly in escrow this week: 24

New closed sales this week: 24

New price cuts this week: 12

Featured New Listings of the Week

861 Rincon Lane861 Rincon Lane Palos Verdes Estates CA

(6br/7ba, 5038 sqft.)

Agent's Description:

Enjoy breathtaking queen's necklace views of ocean, city lights and sunset from this stunning hilltop estate! Situated on the one the most sought after streets on the Peninsula. Boasting 6 bedrooms (three of which on the main floor in separate wing) with approximately 5,038 SF of open living space. This beautiful home w/ modern architectural designs throughout and like new! Featuring including high ceilings, crow molding, hardwood floors on main level, new carpet, Pella blinds,, zoned A/C, and Huge garage for additional parking. Grand entrance way leads to a big formal living room w/fireplace, adjoining balcony and formal dining room overlooking amazing views. A spacious family room opens to a gourmet kitchen which features a large central island w/granite counters, Wolf professional range, top-of line stainless steel appliances, and a walk in pantry. Enjoy dining in the adjacent breakfast room or adjoining balcony while overlooking the coastline views. French doors from the family room lead to the patio and lush terraced rear yard. Grand staircase leads upstairs to a luxurious master suite w/breathtaking coastline views and a back balcony overlooking a lush landscaped backyard. It's complete with spacious his/her separate bathrooms, spa tub, separate showers, and large walk in closets. An additional two ensuite bedrooms and an individual laundry room are placed in a separate wing for privacy. You absolutely don't want to miss this rare opportunity! Must see!

List price: $3,950,000

1216 Via Zumaya1216 Via Zumaya Palos Verdes Estates CA

(4br/5ba, 3867 sqft.)

Agent's Description:

Great potential on a big lot in tranquil Luanda Bay. Surrounded by high end homes this house is a fixer with loads of potential features, vaulted beam ceilings, 5-bedrooms, 4.5-bath rooms, family room, dining room overlooking the tennis court, Living rooms with a fireplace and wet bar, a second fireplace downstairs in a room that could be a bedroom, family room or office. The home was built in 1976 and needs updating, but the 3,867 square foot floor plan is very workable. Lots of extra storage behind the 3-car garage and possible room for expanding the garage. Come see all the potential for yourself, today.

List price: $2,250,000

2215 Via Cerritos2215 Via Cerritos Palos Verdes Estates CA

(4br/6ba, 4554 sqft.)

Agent's Description:

World renowned view of the Los Angeles city lights complimented by beautiful and breathtaking Pacific Ocean becomes visible from the moment you step into this opulent private estate. The dual entry driveway is gated and encompassed by fresh landscaping, hand designed entrance doors that open up to exhibit the expansive living room with two story windows and provides an unobstructed view of the Queen Annes' Neck Lace view. This modern home is exquisitely designed and expertly executed down to the last detail, and imparts elegant indoor-outdoor living that rivals and Five Star resort. Panoramic coastal and surf view can be gazed upon throughout, including the formal living room, formal dinning room, master bedroom and designed kitchen, constructing the entire home as a perfect backdrop for entertaining friends and family. The master suite contains a double sided walk-in closet, jacuzzi tub with separate shower, two vanities as well as floor to ceiling sliding doors and opens to terrace that wraps around the upper level. The lower wing of the estate houses a dual family room with fireplace, entertainment bar overlooking the pool and jacuzzi. Additionally, the lower wing includes 2 bedrooms with their own baths, guest bathroom and laundry room. Beyond the pool and jacuzzi, where you will find a variety of fruit bearing trees and large green area. The garage also connects to its own back yard patio. There is no better selection for a Distinguished Modern Home. 

List price: $3,657,999

Notable Sales of the Week

3601 Via La Selva 3601 Via La Selva Palos Verdes Estates CA

(4br/4ba, 3020 sqft.)

Agent's Description:

Situated on a fabulous corner lot, on one of the most desired streets in Valmonte, this custom built home has an impressive entry with vaulted ceiling, hardwood floors and a sweeping staircase. The thoughtful floor plan includes a guest room with private bathroom on the entry level, along with a formal living room with fireplace, a formal dining room, and an incredible gourmet kitchen with center island which opens to the family room with fireplace, and an intimate patio. French doors lead to the private backyard with a covered patio, built-in BBQ and grass play area. Upstairs, you’ll find the laundry room, and 3 more bedrooms, each with its own bathroom and walk-in closet, including the luxurious master suite. The attached two-car garage is oversized and has direct access into the house. Lush landscaping and beautiful finishes... you couldn't ask for more!

Sold price: $2,425,000

3 Reata Lane3 Reata Lane Rolling Hills CA

(3br/2ba, 2885 sqft.)

Agent's Description:

One Level Home located on a quiet cul-de sac in the gated city of Rolling Hills, is cheerful and ready for it’s new owner. Nestled on a sunny, private, one + acre lot this home enjoys city, downtown, hillside and canyon views. Features include 2885 square feet of living space, 3 bedrooms, 2 remodeled baths, eat-in kitchen with custom cabinets, Sub-Zero refrigerator, granite counters, slate floors, skylight, recessed lighting and large pantry, spacious family room with vaulted open beam ceilings, wood burning fireplace, built-in entertainment center, built-in speakers, custom built-in bar with sink, cabinetry & wine cooler and French doors opening to a covered patio ideal for outdoor entertaining. Formal dining room with city light, mountain views, and expansive formal living room with wood burning fireplace, vaulted open beam ceiling and wall of glass to enjoy the city lights view. Other features include grand entry, slate floors, pull down ladder leading to tons of attic storage, oversized two car attached garage with built-in storage and workbench, laundry room, newer forced air heating and A/C, backyard with paver patio, grass area, mountain, city lights and tranquil canyon views, charming garden shed/barn. Great home for empty nesters or small family. 

Sold price: $1,987,000

12 Harbor Sight Drive12 Harbor Sight Drive Rolling Hills Estates CA

(3br/3ba, 2419 sqft.)

Agent's Description:

This stunning mid-century modern masterpiece was completely remodeled in 2016-17! Over $300K spent on remodeling and a smart addition: large gorgeous gourmet kitchen with island and custom walnut eat-in counter, 3 remodeled bathrooms, elegant new hardwood flooring, Milgard dual pane vinyl windows + 4 patio sliders, electrical system with LED lighting, patio, interior/exterior paint, and much more! Home sits on a 20,000 Sqft lot perched above a private lane off Harbor Sight, offering the most tranquil and private setting that also has City lights views- it’s truly a retreat! Zoned for horses. You'll love the open flowing floor plan..it's perfect for indoor/outdoor living! The living room and kitchen both have 10’ double sliding doors that open to a private patio and huge lush grassy yard! The living room and family room both have cathedral open-beam ceilings and each have a fireplace with custom lighting accents and built-in TV nooks. There’s a huge open formal dining room with a classy stacked stone accent wall, built-in wine bar, and patio slider leading out to huge side patio! Master suite is wonderful, with vaulted ceilings, patio slider to the yard, and a beautiful new master bath with European style walk-in shower, dual sinks, make-up vanity, + awesome walk-in closet with organizers! Terrific laundry/mud room has tons of storage cabinets, utility sink, and counter space. Rear yard has all new sod, sprinklers, + the best chicken coop ever! Great on/off the hill location!

Sold price: $1,610,000

 

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
27612 Avenida Del Mesa 4/2 1790 7762 $839,900 $469 0 $839,900 06/19/18
2 Chaparral Lane 3/3 2860 26824 $1,599,000 $559 0 $1,599,000 06/19/18
2115 Via Visalia 3/2 2000 8630 $1,550,000 $775 0 $1,550 06/19/18
3605 W Hidden Lane 320 1/1 659 433780 $350,000 $531 0 $350,000 06/19/18
1216 Via Zumaya 4/5 3867 22395 $2,250,000 $582 0 $2,250,000 06/18/18
1109 Via Romero 4/4 3028 10127 $1,775,000 $586 0 $1,775,000 06/18/18
29028 Warnick Road 4/3 2480 6983 $1,399,000 $564 0 $1,399,000 06/18/18
1124 Via Zumaya 4/4 3468 7642 $2,195,000 $633 0 $2,150,000 06/18/18
861 Rincon Lane 6/7 5038 12614 $3,950,000 $784 0 $3,950,000 06/18/18
4324 Via Azalea 3/3 2054 8029 $1,768,000 $861 0 $1,768,000 06/18/18
6721 El Rodeo Road 3/2 1471 15152 $995,000 $676 1 $995,000 06/18/18
1625 Via Lazo 4/2 1920 5481 $1,735,000 $904 1 $1,735,000 06/18/18
28220 Highridge Road 211 2/2 1327 0 $799,900 $603 1 $799,900 06/18/18
4324 Cartesian Circle 5/4 3384 9877 $1,795,000 $530 1 $1,795,000 06/18/18
15 Margate Sq. 3/2 1630 4977 $1,389,000 $852 1 $1,389,000 06/18/18
2215 Via Cerritos 4/6 4554 14711 $3,657,999 $803 1 $3,657,498 06/16/18
1329 Via Cataluna 5/3 2913 14454 $2,500,000 $858 2 $2,500,000 06/16/18
2147 W General Street 3/2 1637 7191 $939,000 $574 3 $939,000 06/15/18
5682 Mistridge Dr 5/4 2512 8946 $1,498,000 $596 3 $1,498,000 06/15/18
2306 Palos Verdes Drive 103 2/3 1878 20655 $775,000 $413 3 $775,000 06/15/18
1432 Via Castilla 4/5 4284 14991 $2,288,000 $534 3 $2,288,000 04/26/18
5658 Ravenspur Drive Unit 101 2/2 1130 25095 $524,900 $465 3 $524,900 06/15/18
30181 Via Rivera 4/5 3310 9712 $2,390,000 $722 3 $2,350,000 06/15/18
1606 Espinosa Circle 4/4 4219 10928 $4,385,000 $1,039 4 $4,385,000 06/14/18
28620 Covecrest Drive 4/3 2244 8013 $1,365,000 $608 4 $1,365,000 06/15/18
26307 Silver Spur Road 3/2 1291 14294 $1,225,000 $949 4 $1,225,000 06/14/18
6317 Ridgepath Court 3/3 2412 519949 $950,000 $394 4 $950,000 06/15/18
1356 Via Coronel 4/5 5130 17962 $4,848,000 $945 5 $4,848,000 06/14/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
6216 Moongate Drive 4/3 2052 8876 $1,300,000 $634 11 $1,300,000 06/08/18
1548 Via Martinez 6/7 5862 12451 $2,899,000 $495 155 $2,899,000 12/08/17
2066 Dorado Drive 4/2 2106 6898 $1,150,000 $546 24 $1,150,000 05/25/18
3524 Lariat Lane 5/4 3800 26125 $2,450,000 $645 28 $2,450,000 05/21/18
26803 Basswood Avenue 3/3 2100 9110 $1,449,000 $690 8 $1,449,000 06/10/18
9 Sweetgrass Lane 4/4 2673 30331 $1,968,000 $736 14 $1,968,000 06/04/18
6526 Ocean Crest Drive A312 1/1 778 167165 $445,000 $572 14 $445,000 06/04/18
2120 W Macarthur Street 3/3 1236 9865 $899,000 $727 16 $899,000 06/02/18
6045 Montemalaga Drive 5/5 4200 7175 $1,975,000 $470 16 $1,975,000 06/02/18
29108 S Highmore Avenue 3/2 1347 5995 $735,000 $546 58 $765,000 04/18/18
3115 Via La Selva 2/2 1523 6339 $1,350,000 $886 8 $1,350,000 06/10/18
2912 Via De La Guerra 4/2 1870 6972 $1,549,000 $828 13 $1,549,000 06/05/18
30921 Via Rivera 4/2 2113 10799 $1,595,000 $755 23 $1,595,000 05/26/18
3614 W Estates Lane E 3/3 1800 199134 $730,000 $406 139 $740,000 01/02/18
5041 Willow Wood Road 4/2 2874 14004 $1,499,000 $522 14 $1,499,000 06/04/18
6 Chesterfield Road 5/6 5902 88329 $5,375,000 $911 112 $5,375,000 02/26/18
31222 Floweridge Drive 4/3 2100 11180 $1,250,000 $595 9 $1,250,000 05/22/18
27125 Whitestone Road 4/2 1701 7151 $1,200,000 $705 6 $1,150,000 06/08/18
2114 Chandeleur Drive 4/4 3654 18717 $1,650,000 $452 19 $1,650,000 05/25/18
26703 Honey Creek Road 3/2 2240 7188 $1,450,000 $647 10 $1,450,000 06/08/18
801 Via Conejo 4/3 2858 12944 $2,395,000 $838 77 $2,499,000 04/02/18
26132 Barkstone Drive 3/2 2016 7412 $1,299,000 $644 9 $1,299,000 06/04/18
5777 Capeswood Drive 3/2 1406 7077 $1,097,000 $780 8 $1,097,000 06/04/18
2332 Chelsea Road 3/2 1831 9438 $1,398,000 $764 14 $1,398,000 06/04/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
12 Harbor Sight Drive 3/3 2419 20036 $1,610,000 $666 9 $1,599,000 06/19/18
29620 Island View Drive 3/3 2199 38655 $790,000 $359 7 $799,000 06/19/18
28134 Ridgepoint Court 2/2 1494 519949 $795,000 $532 9 $750,000 06/19/18
28661 Vista Madera 2/2 1122 238445 $595,000 $530 41 $619,000 06/19/18
18 Surrey Lane 5/4 3610 17947 $1,850,000 $512 62 $2,150,000 06/19/18
3 Reata Lane 3/2 2885 47236 $1,987,000 $689 40 $2,300,000 06/18/18
3601 Via La Selva 4/4 3020 7405 $2,425,000 $803 33 $2,499,000 06/18/18
2521 Colt Road 4/3 2903 18579 $1,400,000 $482 0 $1,449,000 06/15/18
4303 Via Frascati 4/3 3050 11727 $1,825,000 $598 262 $2,022,000 06/14/18
4 Mela Lane 3/3 2995 5394 $965,000 $322 93 $1,198,000 06/14/18
1133 Granvia Altamira 4/4 3179 20497 $1,750,000 $550 15 $1,750,000 06/14/18
504 Via Alcance 3/2 2146 7308 $1,420,000 $662 13 $1,375,000 06/14/18
26311 Birchfield Avenue 4/3 1939 8054 $1,365,000 $704 7 $1,349,000 06/14/18
28666 Vista Madera 3/3 1436 238445 $660,000 $460 7 $609,000 06/14/18
30358 Camino Porvenir 6/4 3717 8092 $1,665,000 $448 12 $1,665,000 06/14/18
11 Shadow Lane 4/3 3382 28548 $1,600,000 $473 26 $2,200,000 06/14/18
2741 Palos Verdes Drive 3/2 2000 7848 $1,550,000 $775 82 $2,025,000 06/13/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
74 Eastfield Drive 4/6 4000 72494 $3,450,000 $863 158 $3,925,000 01/12/18
2 Outrider Road 5/6 5560 58002 $3,880,000 $698 53 $3,887,000 04/26/18
6305 Ridgeglade Court 4/3 2005 519949 $929,000 $463 44 $945,000 03/27/18
1930 Homeworth Drive 2/1 1181 5869 $725,000 $614 49 $760,000 05/01/18
2109 Avenida Aprenda 3/2 1780 9966 $995,000 $559 71 $1,048,000 04/08/18
2822 Colt Road 5/8 7500 41559 $4,999,000 $667 35 $5,500,000 05/14/18
1433 Via Cataluna 4/3 2171 8590 $1,350,000 $622 23 $1,450,000 05/26/18
5502 Ironwood Street 4/3 2650 9386 $1,349,000 $509 15 $1,399,000 05/21/18
4256 Via Alondra 4/4 3208 7743 $1,950,000 $608 56 $1,999,997 04/23/18
1562 Granvia Altamira 4/4 3000 19740 $2,400,000 $800 31 $2,600,000 05/18/18
29205 S Trotwood Avenue 2/2 1080 5894 $819,000 $758 76 $839,000 04/04/18
1708 Espinosa Circle 4/3 2439 7785 $1,549,000 $635 35 $1,599,000 05/14/18

 

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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