Palos Verdes Weekly Update (7/26/18)

Posted by South Bay Staff on Friday, July 27th, 2018 at 7:10am.

Palos Verdes Weekly Real Estate Market Update

JULY 26, 2018

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

Palos Verdes Stats

Inventory: 246 active MLS listings in Palos Verdes (+1 over last week)

New listings this week: 31

Newly in escrow this week: 21

New closed sales this week: 18

New price cuts this week: 8

Featured New Listings of the Week

35 Saddleback Road

(5br/8ba, 8250 sqft.)

Agent's Description:

Resort Behind the Gates!! This exquisite Rolling Hills estate is situated on 5 acres with panoramic city views! A sprawling 8250sf of living space, 5 bedrooms and 8 bathrooms, this luxury home feels like a resort and has all of the amenities. Enjoy sunny days by the pool, grill on one of the two outdoor BBQs or relax in the private sauna. Additional activities include 2 outdoor fire pits, pizza oven, keg tap, tennis court, putting green, and an impeccably maintained, dual-waterfall, 2,200gal koi pond. Home interior includes a grand entry, exercise room, two offices, sub-zero appliances, main kitchen, secondary stainless steel chef’s kitchen, media room with kitchenette, v14 TVs, fully-integrated Crestron automation system, iPad controls, on-site generator, 7 air-conditioners with HEPA filters and UV sterilization, security cameras, emergency vault with two safes, and a beautiful brick-ceiling wine cellar. The master wing is complete with two expansive walk-in closets, an extra room for office or gym, and private laundry facilities. Attached to the main 4 car garage is a single-car garage with built-in stainless steel workshop. Want more? This property boasts a 100-tree citrus orchard and approximately one acre of primed land complete with irrigation. A perfect canvas for orchard expansion or turn-out for horses. This unique property is the epitome of luxury living!

List price: $9,599,000

42 Empty Saddle Road

(4br/5ba, 3845 sqft.)

Agent's Description:

This beautiful ONE-LEVEL home is located on an 0.78-acre estate in the desirable “Empty Saddle” neighborhood. The 4 bedroom/4 bath main house has an open floor plan that is wonderful for families and entertaining. It includes a large master suite with high beam ceilings, walk-in closet, generous sitting room and beautiful bathroom looking out to a private lanai garden. A large welcoming great room with vaulted sky-lighted ceilings includes an open white kitchen, cozy breakfast nook, used brick fireplace, and wood floors. French doors open to a sprawling backyard with a recently upgraded salt water pool with spillover spa, new automated equipment and Pebble Tec surface. The lush resort-like backyard is shaded by large pine trees and a vine-covered arbor area. It leads to a custom chicken coop and lighted paddle tennis sport court including full court basketball with adjustable glass blackboards. A detached 2-room office area can be used as a nanny/granny flat, media and game room, home gym or pool house. It has a high beamed ceiling, closet and ¾ bath. Beyond the sport court is a 4-horse barn area adjacent to the 27-acre Chandler Preserve. This backmost area also includes a second garage large enough for boat or RV storage.

List price: $3,145,000

412 Via Almar

(5br/5ba, 3875 sqft.)

Agent's Description:

“Reach out and touch” the breathtaking ocean, coastline and whitewater views from this custom built, lower Malaga Cove home! A sweeping staircase leads you upstairs to the dramatic living room with fireplace and French doors, encouraging you out to the private balcony to enjoy the panoramic views. The gourmet kitchen has a large center island and opens perfectly to the family room with fireplace and French doors leading to the lushly landscaped, private backyard. The entry level features a romantic master suite with its own deck, a fireplace and luxurious master bathroom & walk-in closet. Downstairs, you’ll find an additional, “bonus space” (not included in the square footage) which is currently used as a media room. The attached three-car garage is coupled with a generous driveway to provide lots of parking. Some of the other features include Travertine and wood floors throughout, central vac, a dumbwaiter and much more.

List price: $3,400,000

Notable Sales of the Week

3023 Crownview Drive

(4br/3ba, 2852 sqft.)

Agent's Description:

Welcome to this stunning home in Miraleste Hills designed for all lifestyles. This remodeled, single level, 4 bed, 3 bath home features over 2800 sq ft with an additional 260 sq ft bonus guest room. Nestled high on the hill on an expansive 33,000 sq ft lot, this private gated home offers stunning 180 degree views from Hollywood to Dana Point. The living room boasts vaulted ceilings, floor to ceiling sculptured tile fireplace, marble accent wall and new bifold glass wall and doors. The new wood flooring flows throughout the living and bedroom areas. The sky lit sun filled kitchen is perfect for family and entertaining with Sub zero refrigerator, double ovens and warmer, instant hot water. The sitting island and separate wet bat bar add for the ultimate entertainment experience. A spacious Master suite enjoys both views of the city and valley with a sitting area joining the pool and spa. An attached bonus room, with adjoining bath, and sauna, can be used as a guest room or entertaining area, take advantage of the pool and views. The home and pool sitting all on one level, steps down to the waterfall and Koi pond and continue down the wooden nature path, around the tree filled property, fruit orchard and back up to the buildable flat pad on the main level.

Sold price: $2,170,000

6 Silverbit Lane

(6br/5ba, 4103 sqft.)

Agent's Description:

Imagine the Perfect Life!! Located close to the newly redesigned prestigious Rolling Hills Country Club and 5 minute drive to Chadwick School. This home is on a large 13,000+ square foot usable lot. Overlooks the 8th hole of the RHCC golf course and boasts a jacuzzi and amazing pool with rock-sided waterslide cascading from the landscape. High-end outdoor Lynx BBQ, fire pit and life size chess board make a backyard playground with room for sport court. The house has beautiful curb appeal, located on a cul-de-sac with lush landscaping that can be seen from large bright windows throughout the home. House is bright and open with over 4100 square feet of living space. 6 bedrooms and 4.5 baths make it perfect for a family. The downstairs bedroom has a private entry and bath great for house guests, parents or adult children as well as handicap accessibility so designer, it’s hard to detect. Every detail thought of down to the beautiful gourmet kitchen with high end appliances including Thermador ovens, built in Miele coffee maker, Sub Zero refrigerator and freezer.

Sold price: $2,750,000

4324 Via Azalea

(3br/3ba, 2054 sqft.)

Agent's Description:

You will absolutely fall in love with this irresistible one-level Spanish charmer in the highly desired Valmonte neighborhood of Palos Verdes Estates. Sitting on a large 8,022 sqft corner lot, this is a one-of-a-kind Spanish transitional home with modern upgrades while keeping the original character of the home. As you walk up the steps amidst lush landscaping, you'll be charmed by the stunning view of the LA area on the wrap around patio. Inside the house, you'll be greeted by beautiful archways, new flooring and a bright open remodeled kitchen with all new appliances. The family room is where you will spend most your time, with tall vaulted ceilings, a charming fireplace and new french doors. Beautiful master suite with fireplace and nice remodeled master bath. To top it off, the large private back yard is perfect for entertaining or relaxing.

Sold price: $1,758,000

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
42 Empty Saddle Road	4/5	3845	33980	$3,145,000	$818	0	$3,145,000	07/26/18
3466 Coolheights Drive	4/3	2461	12153	$1,599,990	$650	1	$1,599,990	07/25/18
5915 Armaga Spring Road E	3/3	1484	215371	$699,000	$471	2	$699,000	07/24/18
3 Thyme Place	4/3	2325	24583	$1,800,000	$774	2	$1,800,000	07/24/18
8 Shady Vista Road	3/2	1555	11251	$1,365,000	$878	2	$1,365,000	07/24/18
29418 Quailwood Drive	5/3	2468	9175	$1,285,000	$521	2	$1,285,000	06/26/18
5702 Whitecliff Drive	4/3	2052	9822	$1,398,000	$681	3	$1,398,000	07/23/18
2639 Via Carrillo	3/2	2130	8321	$1,640,000	$770	3	$1,640,000	07/23/18
4230 Dauntless Drive	3/3	2339	11646	$1,495,000	$639	3	$1,495,000	07/23/18
5438 Ironwood Street	4/2	1479	9464	$999,000	$675	3	$999,000	07/23/18
412 Via Almar	5/5	3875	10044	$3,400,000	$877	3	$3,400,000	07/23/18
3 Nuvola Court	4/4	3600	28188	$2,875,000	$799	3	$2,875,000	07/23/18
82 Cresta Verde Drive	4/3	2094	491349	$935,000	$447	3	$935,000	07/23/18
1633 Via Machado	4/3	3729	9900	$2,098,000	$563	3	$2,098,000	07/23/18
1349 Via Zumaya	4/4	4584	16993	$2,950,000	$644	3	$2,950,000	07/23/18
30311 Palos Verdes Drive	5/4	4565	19721	$2,150,000	$471	4	$2,150,000	07/22/18
30178 30178 Cartier Drive	4/5	3562	15545	$2,495,000	$700	4	$2,495,000	07/22/18
28303 Ridgehaven Court 74	3/3	1859	753582	$750,000	$403	4	$750,000	06/01/18
28726 Mount Rose Road	3/2	1403	7114	$725,000	$517	4	$725,000	07/22/18
27810 Saddle Road	3/2	1494	12480	$1,240,000	$830	5	$1,240,000	07/21/18
35 Saddleback Road	5/8	8250	226948	$9,599,000	$1,164	5	$9,599,000	07/21/18
8 Bridle Lane	5/3	3243	47863	$1,649,999	$509	5	$1,649,999	07/12/18
8 Via La Rocca	5/5	4632	10255	$2,088,000	$451	6	$2,088,000	07/20/18
5 Chaparral Lane	5/4	3894	29382	$1,845,000	$474	6	$1,845,000	07/20/18
30569 Ganado Drive	5/3	2677	13620	$1,475,000	$551	6	$1,475,000	07/10/18
2508 Via Pinale	3/4	2402	5336	$2,199,000	$915	6	$2,199,000	07/20/18
1633 Cataluna Place	5/3	2414	7200	$1,799,000	$745	6	$1,799,000	07/20/18
30753 Ganado Drive	4/3	2372	10871	$1,799,999	$759	6	$1,799,999	07/20/18
10 Peppertree Drive	3/2	1643	164819	$1,300,000	$791	7	$1,300,000	07/19/18
28048 Palos Verdes Drive	4/5	3514	28472	$2,475,000	$704	7	$2,475,000	07/19/18
6521 Via Baron	4/5	3890	4881	$1,690,000	$434	7	$1,690,000	07/19/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS	BD/BA	SQFT	LOT	PRICE	$PSF	DOM	START $	START
1516 Chelsea Road	3/2	2435	11936	$1,898,000	$779	58	$1,958,800	05/28/18
1835 Caddington Drive 51	2/2	1103	127123	$495,000	$449	7	$495,000	07/19/18
8 Peartree Lane 23	2/3	1704	2042	$825,000	$484	0	$825,000	07/01/18
1275 Via Landeta	4/4	4378	15019	$2,549,000	$582	101	$2,998,000	04/16/18
2115 Via Visalia	3/2	2000	8630	$1,499,000	$750	37	$1,550	06/19/18
6744 Monero Drive	4/2	2091	9024	$1,299,000	$621	18	$1,299,000	07/08/18
30004 Cachan Place	5/3	2712	21662	$1,599,000	$590	27	$1,599,000	06/29/18
4 Surrey Lane	3/2	1837	19851	$1,368,000	$745	91	$1,395,000	04/26/18
6106 Via Subida	5/6	4436	46174	$2,999,000	$676	21	$2,999,000	07/05/18
2737 Vista Mesa Drive	3/3	3335	46523	$1,695,000	$508	87	$1,750,000	04/30/18
6216 Moongate Drive	4/3	2052	8876	$1,300,000	$634	48	$1,300,000	06/08/18
23 Pepper Tree Lane	3/3	2359	229401	$1,250,000	$530	8	$1,250,000	07/12/18
5113 Elmdale Dr	3/2	1637	12870	$1,149,000	$702	8	$1,149,000	07/09/18
2842 Via Victoria	5/4	3956	18119	$2,250,000	$569	135	$2,480,000	03/12/18
2120 W Macarthur Street	3/3	1236	9865	$869,000	$703	47	$899,000	06/02/18
10 Crestwind Drive	4/4	3513	21354	$2,295,000	$653	10	$2,295,000	07/16/18
6914 Brookford Drive	3/2	2130	7717	$1,399,000	$657	10	$1,399,000	07/09/18
1448 Via Castilla	4/4	3521	16655	$2,395,000	$680	44	$2,495,000	06/04/18
28 Narcissa Drive	5/3	2227	71684	$1,838,000	$825	24	$1,838,000	06/25/18
982 Paseo La Cresta	5/5	4482	31351	$6,499,000	$1,450	10	$6,499,000	07/16/18
2462 Rue Le Charlene	3/3	3338	21505	$1,795,000	$538	58	$1,825,000	05/29/18

NEW CLOSED SALES THIS WEEK

ADDRESS	BD/BA	SQFT	LOT	SOLD PRICE	$PSF	DOM	START $	CLOSED
32735 Seagate Drive 103	2/2	1433	753046	$740,000	$516	4	$720,000	07/26/18
26132 Barkstone Drive	3/2	2016	7412	$1,335,000	$662	9	$1,299,000	07/26/18
2209 Via Alamitos	4/2	2039	9589	$1,858,000	$911	5	$1,750,000	07/25/18
28620 Covecrest Drive	4/3	2244	8013	$1,365,000	$608	10	$1,365,000	07/25/18
3605 W Hidden Lane 320	1/1	659	433780	$355,000	$539	11	$350,000	07/25/18
26803 Basswood Avenue	3/3	2100	9110	$1,550,000	$738	8	$1,449,000	07/24/18
3115 Via La Selva	2/2	1523	6339	$1,462,500	$960	5	$1,350,000	07/24/18
5718 Ravenspur Drive 303	2/2	1483	31908	$640,000	$432	8	$608,000	07/24/18
2409 Via Sonoma	3/3	1969	12274	$1,566,000	$795	51	$1,678,876	07/23/18
3209 Via La Selva	3/3	2838	6231	$1,685,000	$594	10	$1,599,000	07/23/18
3023 Crownview Drive	4/3	2852	33103	$2,170,000	$761	7	$2,175,000	07/23/18
26712 Grayslake Road	3/2	1395	7898	$997,000	$715	22	$997,000	07/21/18
1918 Avenida Estudiante	3/2	1746	7473	$999,888	$573	8	$999,888	07/20/18
4324 Via Azalea	3/3	2054	8029	$1,758,000	$856	3	$1,768,000	07/20/18
6925 Clovercliff Drive	5/3	2242	7674	$1,250,000	$558	14	$1,399,000	07/20/18
6 Silverbit Lane	6/5	4103	13847	$2,750,000	$670	56	$2,849,000	07/19/18
28315 Ridgehaven Court	3/3	2451	753582	$1,055,000	$430	11	$1,098,000	07/19/18
1245 Via Coronel	5/5	4171	15398	$2,300,000	$551	86	$2,397,000	07/19/18

NEW PRICE CUTS THIS WEEK

ADDRESS	BD/BA	SQFT	LOT	PRICE	$PSF	DOM	START $	START
1902 Trudie Drive	3/1	1084	5450	$749,000	$691	35	$779,000	06/21/18
26688 Crenshaw Boulevard	4/4	3450	25136	$1,979,000	$574	87	$2,199,000	04/30/18
2306 Palos Verdes Drive 103	2/3	1878	20655	$725,000	$386	41	$775,000	06/15/18
29410 Seaspray Drive	5/3	2974	7646	$1,395,000	$469	16	$1,499,000	07/10/18
12 Hillcrest Meadows	3/3	2567	11438	$1,399,000	$545	55	$1,499,000	06/01/18
5248 Valley View Road	5/5	3966	13471	$3,100,000	$782	17	$3,175,000	07/09/18
1417 Via Zumaya	6/7	4530	17491	$2,599,000	$574	70	$2,899,000	05/17/18
1708 Espinosa Circle	4/3	2439	7785	$1,499,900	$615	73	$1,599,000	05/14/18