Palos Verdes Weekly Update (8/22/18)

Posted by South Bay Staff on Wednesday, August 22nd, 2018 at 9:15am.

Palos Verdes Weekly Real Estate Market Update

AUGUST 22, 2018

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

Palos Verdes Stats

Inventory: 247 active MLS listings in Palos Verdes (+4 over last week)

New listings this week: 17

Newly in escrow this week: 13

New closed sales this week: 7

New price cuts this week: 12

Featured New Listings of the Week

1108 Via Maribel1108 Via Mirabel Palos Verdes Estates CA

(6br/8ba, 10,079 sqft.)

Agent's Description:

Situated on nearly an acre of lushly landscaped grounds, this custom-built estate awaits. Majestic, yet comfortable, this home has it all. An impressive entry immediately sets the tone with dual staircases. Multiple living spaces include a grand living room overlooking the amazing backyard, a handsome “man-cave” / library, a large formal dining room and a spectacular family room. The chef’s kitchen has a center island and adjacent breakfast room. There’s even a homework / computer room off the kitchen. Upstairs, you’ll find 5 large bedroom suites, including the palatial master-suite, complete with his and her separate bathrooms, 2 walk-in closets, and a large sitting room. Outdoors, you’ll find numerous verandas and patios, a large grassy yard, as well as a sparkling pool and spa. Do you like wine? Enjoy a magnificent wine cellar with tasting room. Last, but certainly not least, guests will enjoy a private two-room Guest House, complete with fireplace. The gated driveway leads to the spacious 4 car garage. Air conditioning, high ceilings with crown molding, and expansive views of the ocean, coastline and city lights are just a few of the “extras”.

List price: $10,900,000

32020 Cape Point Drive32020 CApe Point Drive Rancho Palos Verdes CA

(5br/6ba, 5940 sqft.)

Agent's Description:

A Rare opportunity to own a new construction home at The Estates at Trump National with sweeping ocean and golf course views. This estate boasts approximately 5,940 square feet of living space featuring exceptional, cutting-edge design most desired for today’s luxury lifestyle. Uniting Old World Tuscan charm with elegant modernity, the open living area and spacious gourmet kitchen (with a massive island and Sub-Zero and Wolf appliances) unite the serine views with the adjacent outdoor entertainment area and pool bringing to life the indoor-outdoor living one would get accustomed to in this home. Coastline and golf course views can be enjoyed while sipping a morning coffee from the second story master suite (with oversized bathroom and walk-in closet). Bathed in natural light, all bedrooms have ensuite bathrooms and large closets. Live the luxury life like you are always on vacation with tranquil sunsets, golf course convenience and beach access trails all from a home built with unparalleled design, comfort, and quality. Your resort style ocean bluffs living awaits! Buyer to verify SqFt. 

List price: $4,499,000

1 Casaba Road1 CAsaba Road Rolling Hills Estates CA

(5br/6ba, 5000 sqft.)

Agent's Description:

WELCOME TO 1 CASABA ROAD LOCATED IN THE EXCLUSIVE ROLLING HILLS ESTATES. THIS NEWLY CONSTRUCTED ONE OF A KIND LUXURY HOME SITS ON A 1/2 ACRE+ LOT IN A TRANQUIL SETTING AND FEATURES 5 BEDROOMS AND 6 BATHS WITH 5000 SQ. FT. OF INDOOR LIVING SPACE ALL ON ONE LEVEL. THE EXPANSIVE FLOWING FLOOR PLAN MAKES THIS HOME PERFECT FOR ENTERTAINING AND FAMILY GATHERINGS. THE GOURMET KITCHEN FEATURES HIGH END APPLIANCES WITH A 6 BURNER STOVE, TWO FULL SIZE SIDE BY SIDE REFRIGERATORS, TWO DISHWASHERS, WINE REFRIGERATOR, LARGE ISLAND PLUS A BREAKFAST BAR, WALK IN PANTRY AND OPENS TO THE DINNING AREA AND FAMILY ROOM COMPLETE WITH WET BAR. JUST OUTSIDE THE FAMILY ROOM IS A PATIO AREA WITH BUILT IN BARBECUE. TWO OTHER PATIO ARE FEATURED ON THIS OVER SIZED LOT WITH ROOM FOR A POOL. ALSO FEATURED IS AN OUT DOOR SHOWER. THE GORGEOUS MASTER SUITE FEATURES VAULTED CEILINGS, FIREPLACE, TWO WALK IN CLOSETS AND ADJOINING MASTER BATH WITH OVER SIZED SHOWER INCLUDING DUEL SHOWER HEADS, SPA TUB AND DUEL VANITIES. THE REMAINING LARGE BEDROOMS EACH HAVE THEIR OWN BATHS AND TWO HAVE WALK IN CLOSETS. 1 CASABA IS LOCATED ON A CORNER LOT ON A CAL-DE-SAC STREET AND WALKING DISTANCE TO THE JACK KRAMER TENNIS CLUB AND AROUND THE CORNER FROM THE PRESTIGIOUS ROLLINGS HILLS COUNTRY CLUB. THIS HOME SHOWS QUALITY CRAFTSMANSHIP AND INCREDIBLE ATTENTION TO DETAIL. 

List price: $2,649,000

Notable Sales of the Week

28 Narcissa Drive28 Narcissa Drive Rancho Palos Verdes CA

(5br/3ba, 2227 sqft.)

Agent's Description:

What's it like being transported from high stress, hassle tension of Southern California living to the "throw back" world of Portuguese Bend? If you haven't taken the drive into the Portuguese Bend community before, you would read this and have no clue. But for those that have, you know exactly what I'm talking about. It's a time warp, an "Alice through the looking glass" transmutation; it's sudden comfort like a big plate sauce laden pasta and a glass of chianti; comfort food for the mind. This Rancho Palos Verdes one level home with 5 Bedrooms and 3 Bathrooms features a sprawling traditional rambling ranch style and benefits from panoramic ocean views from nearly every room. Parents can easily watch their kids play outside and safely keep an eye on things. There are three private patios. Price includes adjacent vacant lot (total about 1.64 acres) Paver stone driveway with plenty of parking. As you walk through the front door, you're immediately greeted by that huge ocean view and views of the entire length of Catalina Island seen from the dining and living room. To the right of the front door are four bedrooms and 2 bathrooms. Three of the bedrooms have panoramic ocean views including the master which also opens to the tranquil patio. To the left of the front entry are the kitchen, breakfast room, laundry, bathroom, 4th bedroom (currently office) and exit to spa. Large expanses of lawn provide lots of play area. The views are out the back! Book appointment now!

Sold price: $1,787,500

30016 Grandpoint Lane30016 Grandpoint Lane Rancho Palos Verdes CA

(4br/3ba, 2616 sqft.)

Agent's Description:

Back on Market! An absolutely amazing panoramic ocean, coastline, harbor and city view is complemented by an equally spectacular interior. Completely remodeled by a multi-disciplinary design team, this true single level, mid century beauty is replete with designer touches, lavish materials, European cabinetry, high end appliances and a breathtakingly open feel that embodies the feeling of being in a much larger home than what the square footage suggests. The view is mesmerizing - the turquoise ocean is accented by the coastline, ships, sailboats, the Queen Mary, a 270 degree view to LA downtown and even the Hollywood sign. 4 bedrooms and 3 baths, a large deck and a massive great room are all in the same level. Located on a quiet, cul-de-sac street, surrounded by beautiful homes, this home is easily one of the finest offerings on Miraleste hills currently. The beauty, tranquility, openness and grandeur are all working together in rapturous harmony to exceed your highest expectations.

Sold price: $1,608,000

4405 Via Valmonte4405 Via Valmonte Palos Verdes Estates CA

(3br/2ba, 2456 sqft.)

Agent's Description:

Discover your Zen in this exquisitely remodeled & exceptionally designed Lowell Lusk contemporary home. Gracefully elevated above the street & nestled among trees & lush landscape, this home is ideally situated to take advantage of its oversized lot. Upon entering the welcoming foyer through glass paned double doors, you have the sense of being transported into the pages of Architectural Digest! Characterized by vaulted ceilings, clean lines, large windows, light, airy & generously proportioned rooms, plus a delightfully sunny & private backyard w/ expansive decks & lawn perfect for entertaining family & friends, this home is truly an escape from the ordinary! The centerpiece of the beautiful living room is a large fireplace with an earthy concrete mantle that seamlessly invokes nature in an elegant setting. Enjoy peek-a-boo city lights views from the living room balcony. The versatile dining room is great for casual & formal affairs. The gourmet kitchen features a Viking range, hood & warming drawer plus dual ovens & a stainless steel farmhouse sink overlooking the outdoor dining area. Large sliding glass doors on both sides of the family room combine to bring the outdoors inside. Escape to the master retreat & “spa” with heated floors, oversized shower, soaking tub, dual sinks & lovely vanity. There's 2 more large bedrooms, a bonus office space/computer game room adjacent to the garage, not to mention ample storage & closets throughout the home. Your sanctuary awaits...

Sold price: $1,625,000

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
1835 Caddington Drive 63 3/2 1282 127123 $599,000 $467 0 $599,000 08/20/18
2568 Colt Road 4/4 2191 22005 $1,199,000 $547 0 $1,199,000 08/21/18
5722 Sunmist Drive 4/3 2448 9236 $1,299,000 $531 0 $1,299,000 08/20/18
26126 Birchfield Avenue 4/2 1912 8054 $1,150,000 $601 0 $1,150,000 08/20/18
4205 Miraleste Drive 3/2 2224 8940 $1,250,000 $562 0 $1,250,000 08/20/18
28810 Crestridge Road 4/4 2508 19825 $1,649,000 $657 1 $1,649,000 08/08/18
1837 Caddington Drive 46 2/2 1103 127123 $579,000 $525 1 $579,000 08/20/18
1108 Via Mirabel 6/8 10079 41881 $10,900,000 $1,081 1 $10,900,000 08/20/18
18 Barkentine Road 4/3 2950 11069 $1,565,000 $531 1 $1,565,000 08/20/18
2322 Palos Verdes Drive 204 2/2 1471 21242 $679,000 $462 3 $679,000 05/28/18
32020 Cape Point Drive 5/6 5940 18592 $4,499,000 $757 3 $4,499,000 08/17/18
2112 Via Rivera 4/5 3113 11882 $2,350,000 $755 3 $2,350,000 08/17/18
6612 Via Siena 4/5 4466 14395 $2,495,000 $559 3 $2,495,000 08/17/18
6005 Groveoak Place 4/2 1670 8795 $1,239,000 $742 3 $1,239,000 08/15/18
5 Ginger Root Lane 3/2 1534 26971 $1,399,000 $912 4 $1,399,000 08/16/18
6305 Ridgeglade Court 4/3 2005 519949 $889,900 $444 4 $889,900 08/16/18
1 Casaba Road 5/6 5000 25077 $2,649,000 $530 4 $2,649,000 08/16/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
30166 Avenida Esplendida 5/4 3610 13219 $1,950,000 $540 56 $2,225,000 06/25/18
32700 Coastsite Drive 306(f) 2/2 1433 753046 $693,000 $484 9 $693,000 08/11/18
27 Buggy Whip Drive 7/8 6455 163427 $5,199,000 $805 153 $5,495,000 03/20/18
2115 Via Visalia 3/2 2000 8630 $1,499,000 $750 62 $1,550 06/19/18
2553 Via Carrillo 4/3 2110 5945 $1,650,000 $782 18 $1,650,000 07/31/18
4117 Via Picaposte 4/3 2000 7932 $1,650,000 $825 45 $1,729,000 07/06/18
7 Acacia Road 4/6 5630 75720 $4,999,000 $888 84 $5,299,000 05/28/18
1525 Via Castilla 4/4 3561 15026 $1,995,000 $560 7 $1,995,000 08/13/18
6638 El Rodeo Road 4/2 1539 8188 $1,023,900 $665 10 $1,023,900 08/10/18
28048 Palos Verdes Drive 4/5 3514 28472 $2,475,000 $704 28 $2,475,000 07/19/18
6333 Via Colinita 4/6 3526 9396 $2,390,000 $678 41 $2,390,000 07/05/18
93 Cypress Way 3/3 2000 2163 $925,000 $463 35 $925,000 07/09/18
8 Bridle Lane 5/3 3243 47863 $1,599,999 $493 30 $1,649,999 07/12/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
5296 Willow Wood Road 3/2 1682 11225 $1,060,000 $630 15 $998,000 08/20/18
23 Chuckwagon Road 3/3 2222 32550 $1,900,000 $855 68 $1,995,000 08/20/18
30016 Grandpoint Lane 4/3 2616 9557 $1,608,000 $615 38 $1,700,000 08/17/18
28626 Mount Whitney Way 4/2 1624 5870 $779,000 $480 18 $855,000 08/17/18
28 Narcissa Drive 5/3 2227 71684 $1,787,500 $803 24 $1,838,000 08/17/18
4405 Via Valmonte 3/2 2456 9622 $1,625,000 $662 31 $1,598,000 08/16/18
26446 Birchfield Avenue 3/2 1282 7492 $1,067,500 $833 3 $1,068,000 08/16/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
28641 Mount Shasta Drive 3/3 1768 6722 $949,000 $537 62 $969,000 06/19/18
4115 Miraleste Dr. 4/3 3193 8501 $1,479,000 $463 22 $1,648,900 07/29/18
8 Shady Vista Road 3/2 1555 11251 $1,295,000 $833 27 $1,365,000 07/24/18
6829 Vallon Drive 4/3 2720 10123 $1,788,000 $657 97 $1,950,000 05/15/18
30569 Ganado Drive 5/3 2677 13620 $1,399,000 $523 31 $1,475,000 07/10/18
16 Rockinghorse Road 5/6 5386 22415 $2,890,000 $537 70 $3,280,000 06/11/18
6632 Locklenna Lane 5/3 3008 16346 $1,849,000 $615 40 $1,875,000 07/11/18
6044 Flambeau Road 3/2 1846 9280 $1,335,000 $723 35 $1,379,000 07/16/18
4256 Via Alondra 4/4 3208 7743 $1,749,999 $546 119 $1,999,997 04/23/18
1633 Cataluna Place 5/3 2414 7200 $1,750,000 $725 31 $1,799,000 07/20/18
1812 Dalton Road 4/2 2485 7430 $1,698,000 $683 70 $1,799,000 06/11/18
3200 La Rotonda Drive 403 3/2 1628 241991 $859,000 $528 84 $875,000 05/28/18

 

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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