Palos Verdes Weekly Update (8/1/18)

Posted by South Bay Staff on Thursday, August 2nd, 2018 at 7:10am.

Palos Verdes Weekly Real Estate Market Update

AUGUST 1, 2018

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

Palos Verdes Stats

Inventory: 248 active MLS listings in Palos Verdes (+2 over last week)

New listings this week: 13

Newly in escrow this week: 9

New closed sales this week: 14

New price cuts this week: 12

Featured New Listings of the Week

30936 Cartier Drive30936 CArtier Drive Rancho Palos Verdes CA

(3br/4ba, 4705 sqft.)

Agent's Description:

Pride of ownership w/ no expense spared! This beautifully appointed Mediterranean estate, bathed in natural light, will make your heart sing. Privately situated on a cul-de-sac on an elevated lot, this home overlooks breathtaking views of the ocean, PV coastline & canyons.Boasting approx. 4,705 SF of exquisite living space w/ custom materials all hand selected by the owners. Walls of glass in the living & family rms offer stunning views. Welcome onto the main level featuring an elegant living rm, dining area, spacious kitchen, family rm w/ a mini bar, as well as the master suite & 2 additional bdrms. Spanish imported country tiles & Stark carpet floors throughout. A gourmet kitchen w/ top of the line appliances include a 6-burner Viking cooktop, dishwasher, trash compactor, a microwave, a Sub-zero & a beverage refrigerator & a breakfast area. Enjoy gorgeous views from the fabulous master suite w/ a sitting area, large walk-in closet, luxurious bath & a balcony. Multiple outdoor entertaining area w/extensive use of Stone Legends limestone. The private b/yard w/ terraced gardens is complete w/a water fountain adorned w/custom mosaics, an outdoor grill & an in-ground spa tub overlooking views! Downstairs is a huge recreation rm w/ built-ins, a full bar area and a car collector’s garage that can fit 5 cars. Other features include custom made beveled glass front doors + interior doors / windows, Sheryl Wagner sinks + faucets and beautiful antique light fixtures throughout. 

List price: $3,999,000

29858 Knoll View Drive29858 Knoll View Drive Rancho Palos Verdes CA

(5br/5ba, 4000 sqft.)

Agent's Description:

Truly a gem like no other, come and experience 29858 Knoll View Drive. Perched atop the Miraleste Hills, this newly constructed 5 bedroom and 5 bath estate boasts spectacular daytime and nighttime views of Downtown LA and up the coastline from Long Beach to Newport Beach from nearly every room. An ideal oasis for entertaining this incredible property is designed for quintessential California indoor/outdoor living with an impressive chefs kitchen, vast indoor living space and a beautiful open floor concept that leads to several areas for outdoor lounging and dining. The home boasts beautiful design details throughout, massive ceiling heights, a dream master bedroom retreat and amazing amenities. There has never been anything of this caliber constructed anywhere nearby and in addition to its 4,000 square feet, an additional 2,900 square feet lies beneath the house waiting for a visionary owner to create an incredible one-of-a-kind estate. Experience living at its finest right here on top of the world.

List price: $3,499,000

6007 Woodfern Drive6007 Woodfern Drive Rancho Palos Verdes CA

(5br/5ba, 6480 sqft.)

Agent's Description:

Rare opportunity. Dream property in desirable Montemalaga with mesmerizing panoramic views of Queen's necklace, ocean, downtown, mountains, and spectacular city lights. Views span across the width of the house from every room, on every level. Five bedrooms, five baths 6,480 sq ft on expansive 3/4 acre lot. Elegant architectural lines, high ceilings, large windows, spacious rooms, balconies, sheltered pool, easy indoor - outdoor flow for living and entertaining. Entry level functions like a one story house, with master suite, living, dining and family rooms, swimming pool, pool bathroom, powder room, laundry room and 3 car garage. Billiards room and office upstairs; four bedrooms, two baths, family-game room, and storage rooms downstairs. Priceless bonus of sparkling stars, gardens, greenery, fruit trees, ships gliding by...tucked away at the end of a cul de sac. Convenient location top of Rancho Palos Verdes, with shopping, restaurants, exceptional schools. Designer Steve Reiman and builder Joe Sing completed this luxury home in 1976 with quality materials including cedar wood ceiling, teak kitchen cabinets, 3 unique fireplaces; original condition. New air conditioner in master bedroom and master bath 2017. Opportunity to update into your own paradise. 

List price: $3,200,000

Notable Sales of the Week

1629 Via Margarita1629 Via Margarita Palos Verdes Estates CA

(4br/4ba, 4348 sqft.)

Agent's Description:

Tucked away in the quiet hills of prestigious Palos Verdes Estates, this immaculate multi-level Tuscany-inspired villa features a formal foyer, a bright great room and dining room, a fully-equipped kitchen, a home office, reading nooks, wine tasting room, wrought iron railings, high-quality built-in cabinetry, detailed travertine and real hardwood floors throughout. Covering almost half an acre, the lot is encompassed by mature trees and well-manicured privacy hedges. Along with a spacious outdoor lounge area complete with s built-in grill and fireplace, this property boasts verdant landscaping, a swimming pool and spa, a motor court, a expansive lawn and plenty of space for a playground and organic edible garden. This property is located in a quiet, upscale neighborhood near grassy parklands and award-winning schools. 

Sold price: $3,100,000

3524 Lariat Lane3524 Lariat Lane Rolling Hills Estates CA

(5br/4ba, 3800 sqft.)

Agent's Description:

A gate & cobblestone circular driveway will lead you to an elegant ranch style home w/plenty of guest parking, pool, room for horses & children’s play yard. Feel wrapped in nature the moment you step onto the private grounds. The outside of the home has mature landscaping, fountains, coastal breezes. The amenity-stocked kitchen has pro-appliances: Viking oven, range & warming oven, Sub-Zero refrig/freezer, pull out pantry, & pull out drawers. There is a large master bedroom w/private hot tub just outside in a secluded garden. French doors ring the entire back of the house which lead to a covered patio offering dining & entertaining for an indoor/outdoor feel. Downstairs office has fireplace w/view out to pool & backyard. There are 3 upstairs bedrooms - one w/fun children’s loft. Spacious horse area is on a large, well-draining flat lot w/direct horse trail access, vermin-proof hay storage, & wash rack w/hot & cold water delivered over boom sprayer. The horse paddock area is designed to encourage movement. Horse amenities include a Nelson waterer (with available consumption meter), 2 stalls (one w/Comfort Stall flooring & other w/continuous rubber seam flooring), fly spray system & custom outdoor sink w/hot & cold water. The entire horse area is designed to be easy to clean & maintain & has plenty of shade. A unique feature is the ‘porch’ within the paddock. It provides a place to sit & visit with your horses & is the perfect height for easy mounting before you hit the trails. 

Sold price: $2,357,500

1625 Via Lazo1625 Via Lazo Palos Verdes Estates CA

(4br/2ba, 1920 sqft.)

Agent's Description:

Tucked behind a lushly landscaped wall and charming wrought iron gate lies a Malaga Cove jewel with panoramic views of the Santa Monica Bay and coastline from Redondo Beach to Malibu. A private front courtyard, finished with saltillo tiles, welcomes you to the property. Once inside, the blue ocean and sky plus treetops and rooftops can’t help but draw you toward the many windows. This updated home offers an easy floor plan with the master and two additional bedrooms on the main level with the open living room, dining room and kitchen. Downstairs is a warm and welcoming family room with direct access to the flat, private backyard. A fourth bedroom, bath, laundry room and extra storage complete this level. Features of the home include recessed lighting, hardwood flooring, skylights and many upgrades. A quiet location in a beautiful neighborhood - what more could you ask for?

Sold price: $1,800,000

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
28152 Ridgecove Court 3/3 1478 419923 $749,000 $507 0 $749,000 07/31/18
6021 Mossbank Drive 4/2 1889 8453 $1,599,000 $846 0 $1,599,000 07/31/18
2553 Via Carrillo 4/3 2110 5945 $1,650,000 $782 0 $1,650,000 07/31/18
7034 Hartcrest Drive 3/3 1932 7375 $1,219,000 $631 0 $1,219,000 07/30/18
5926 Flambeau Road 4/2 1890 14668 $1,299,900 $688 0 $1,299,900 07/30/18
19 Martingale Drive 5/5 4454 20056 $1,495,000 $336 0 $1,495,000 07/30/18
5 Cayuse Lane 5/5 5082 19729 $1,539,000 $303 0 $1,539,000 07/30/18
30936 Cartier Drive 3/4 4705 31775 $3,999,000 $850 1 $3,999,000 07/30/18
4115 Miraleste Dr. 4/3 3193 8501 $1,648,900 $516 2 $1,648,900 07/29/18
5044 Blackhorse Road 3/3 1896 11886 $1,329,000 $701 2 $1,329,000 07/28/18
28655 Roan Road 3/3 2328 20377 $1,299,000 $558 2 $1,299,000 07/28/18
29858 Knoll View Drive 5/5 4000 15316 $3,499,000 $875 3 $3,499,000 07/28/18
6007 Woodfern Drive 5/5 6480 32919 $3,200,000 $494 3 $3,200,000 07/27/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
1 Buggy Whip Drive 9/25 51000 322344 $40,000,000 $784 171 $40,000,000 02/09/18
51 Oaktree Lane 3/3 2184 2025 $969,000 $444 22 $969,000 07/09/18
28726 Mount Rose Road 3/2 1403 7114 $725,000 $517 7 $725,000 07/22/18
5658 Ravenspur Drive Unit 101 2/2 1130 25095 $524,900 $465 45 $524,900 06/15/18
27825 Palos Verdes Drive East 5/4 3566 20200 $1,599,000 $448 14 $1,599,000 07/16/18
5438 Ironwood Street 4/2 1479 9464 $999,000 $675 7 $999,000 07/23/18
3610 W Estates Lane D 3/3 1722 199134 $690,000 $401 12 $690,000 07/16/18
1863 Avenida Aprenda 4/2 1746 7221 $939,000 $538 21 $939,000 07/05/18
32646 Coastsite Drive 207 2/2 1433 753046 $695,000 $485 46 $724,900 06/03/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
29111 Golden Meadow Drive 5/3 2128 9512 $1,550,000 $728 55 $1,480,000 07/31/18
19 Via Granada 3/3 2006 303488 $975,000 $486 51 $929,888 07/31/18
3524 Lariat Lane 5/4 3800 26125 $2,357,500 $620 26 $2,450,000 07/31/18
5459 Whitefox Drive 3/2 1292 9111 $1,185,000 $917 12 $1,149,000 07/31/18
1625 Via Lazo 4/2 1920 5481 $1,800,000 $938 10 $1,735,000 07/31/18
26840 Shorewood Road 4/2 1890 7866 $1,175,000 $622 27 $1,250,000 07/31/18
2537 Colt Road 4/3 2891 16596 $1,295,000 $448 10 $1,279,000 07/30/18
6935 Larkvale Drive 3/3 1839 7583 $1,235,300 $672 5 $1,149,000 07/30/18
6812 Eddinghill Drive 4/3 2484 11580 $1,500,000 $604 11 $1,549,000 07/30/18
1629 Via Margarita 4/4 4348 20756 $3,100,000 $713 142 $3,799,000 07/27/18
1432 Via Castilla 4/5 4284 14991 $2,365,000 $552 3 $2,288,000 07/27/18
8 Peartree Lane 23 2/3 1704 2042 $795,000 $467 0 $825,000 07/27/18
28704 Golden Meadow Drive 4/2 2016 9005 $1,229,000 $610 161 $1,264,000 07/27/18
801 Via Conejo 4/3 2858 12944 $2,395,000 $838 72 $2,499,000 07/27/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
3 Roundup Road 5/5 3373 44562 $2,799,000 $830 62 $2,895,000 05/30/18
15 Santa Bella Road 3/2 1923 30697 $1,395,000 $725 49 $1,599,000 06/11/18
2213 Via Acalones 3/3 2610 12854 $1,750,000 $670 122 $2,200,000 03/30/18
74 Eastfield Drive 4/6 4000 72494 $3,399,000 $850 199 $3,925,000 01/12/18
6887 Vallon Drive 4/3 2961 9356 $1,558,800 $526 50 $1,698,800 06/10/18
6545 Abbottswood Drive 4/3 2815 11157 $2,199,000 $781 104 $2,298,000 04/02/18
30130 Avenida Tranquila 5/5 4487 17113 $1,995,000 $445 56 $2,189,000 06/04/18
3200 La Rotonda Drive 403 3/2 1628 241991 $869,000 $534 63 $875,000 05/28/18
6305 Ridgeglade Court 3/3 2005 519949 $899,900 $449 86 $945,000 03/27/18
10 Flying Mane Road 3/3 2792 52076 $2,495,000 $894 35 $2,600,000 06/25/18
27921 Palos Verdes Drive 5/4 3883 44229 $3,250,000 $837 64 $3,499,000 05/27/18
28021 Lomo Drive 3/2 1577 7603 $1,199,999 $761 112 $1,275,000 04/09/18

 

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.

See the Palos Verdes Dashboard for up-to-the-minute info on all the listings and activity in the local real estate market.

Plan your open house visits by reviewing our complete list of Palos Verdes Open Houses.

 

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