Palos Verdes Weekly Update (8/8/18)

Posted by South Bay Staff on Wednesday, August 8th, 2018 at 6:34am.

Palos Verdes Weekly Real Estate Market Update

AUGUST 8, 2018

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

Palos Verdes Stats

Inventory: 251 active MLS listings in Palos Verdes (+3 over last week)

New listings this week: 15

Newly in escrow this week: 16

New closed sales this week: 18

New price cuts this week: 17

Featured New Listings of the Week

32012 Cape Point Drive32012 CApe Point Drive Rancho Palos Verdes CA

(5br/6ba, 6000 sqft.)

Agent's Description:

One-of-a-kind custom built, warm coastal modern masterpiece. Approximately 6,000 sq. ft of open concept living space boasts Five en-suite bedrooms and six baths showcasing views of the ocean, golf course, and Catalina Island. Just minutes from world renowned Terranea Resort and situated on an oversized corner lot with nearly 150 linear ft of impressive frontage highlighted by a rare horse-shoe designed drive-way. The drama begins with a 25-ft book-matched "Green Goddess" marble entry tower with a Zen rock water moat. An oversized pivot door opens to a 21-ft high cascading water wall, with skylights that illuminate this incredible open-concept floor-plan with oversized 12" Italian white oak and book-matched marble diamond floor design. Floating walls with flush stone baseboards encase the flooring throughout. A round glass elevator completes the modern feel in the living room space. The living spaces lead through Fleetwood glass sliding doors to the sparkling pool, barbecue, and fire pit area. Entertain guests in the large chef’s dream kitchen with an oversized floating island and book-matched lateral grained wood cabinets. House is on Control4 system. The custom painted and hand crafted solid wood steps of the floating staircase lead up to the 1500-square-foot master suite. Here there are stunning sunset ocean and golf course views. A refrigerated and fingerprint entry floor-to-ceiling glass tequila and wine room with multi-colored LED lighting system completes this offering. 

List price: $6,250,000

4405 Via Azalea4405 Via Azalea Palos Verdes Estates CA

(5br/4ba, 4546 sqft.)

Agent's Description:

Recently elegantly upgraded with no expense spared, this generously sized home features expansive city lights views. Step inside the turret entry open to the inviting living room with vaulted ceiling & fireplace. The stunning, designer kitchen just complete boasts new fresh white cabinetry, custom quartzite counter tops, stone backsplash, stainless steel appliances, even a walk-in pantry. The massive center island doubles as the eat-in kitchen table plus there is a casual dining area, built-in bar & formal dining room. The ample kitchen is open to the comfortable family room with 2nd fireplace & wall of windows. Through multiple French doors, enjoy incredible indoor-outdoor flow ideal for entertaining or relaxing as 2 huge view decks extend both levels of the home & include a built-in firepit. 2 bedrooms, 2 bathrooms & a laundry room complete the main level. This flexible floorplan offers 3 additional bedrooms, 2 bathrooms upstairs with more sweeping views. The spacious Master suite offers a spa tub, separate shower, dual sinks & walk-in closet. Additional upgrades include new light walnut flooring, air conditioning & water filtration system. A new finished bonus room provides an additional approx 384 SqFt not counted in the square footage. The enchanting backyard features bridal trail access, plentiful grassy space, stone patio with spa & fireplace to help you unwind after a long day. All this is located in the peaceful Valmonte neighborhood with ease of access off the hill. 

List price: $2,900,000

4100 Via Largavista4100 Via Largavista Palos Verdes Estates CA

(4br/4ba, 3280 sqft.)

Agent's Description:

Welcome to this custom-built Tuscan inspired home, sitting elegantly in the heart of the highly desired Valmonte area of PVE. Perched on a large west facing corner lot, both the villa & the private coutyard embrace the sunlight. With it's handcrafted interior/exterior appointments, this residence displays owners' passion for quality, detail & workmanship. Wood beamed ceilings, Italian mosaic tile accents, custom wrought iron handrails, arched hallways and hand distressed hickory floors, this home is as much a piece of art as it is a residence. The kitchen offers Arto & mosaic tile floors, granite counter tops, travertine accents, Viking stove & built-in refrigerator and custom wood cabinetry. There is a butler's pantry with a wine bar & 2nd sink, allowing for serving to the adjacent wood beamed formal dining room with doors leading to the stone patio. The breakfast nook is highlighted with Arto tile wainscoting. The living room has a fireplace, arched windows, high wood vaulted ceilings & beams. The family room has an arched loggia & courtyard access. Along with the entertainment courtyard, there is a separate backyard area for a garden, vineyard or play area. The property is accented with stone capped walls. There is a guest room that can serve as a 2nd office & has a private bathroom and separate entrance. Elegant wood beamed master bedroom & bath with 2 closets. Magnificent custom stonework in & out. Reminiscent of a villa in the rolling hills of the Italian wine country. 

List price: $2,875,000

Notable Sales of the Week

10 Crestwind Drive10 Crestwind Drive Rancho Palos Verdes CA

(4br/4ba, 3513 sqft.)

Agent's Description:

This remodeled, one level home is on almost a half acre with a huge parklike, grassy backyard with a pool. There is an inviting front yard with a circular driveway which gives easy access to the front door and the 3 car garage. Enter through the double door entry, and be captivated by the serene backyard that seems to go on forever. Look to either side and see the great room with a remodeled kitchen, cozy mini family room, dining and living rooms. Pass through the living room and enter the super sized family room with vaulted ceilings. Don't miss the private bedroom and remodeled bath. Journey back toward the front door and continue down the hallway and find two bedrooms with a remodeled bath in between. Off the hallway, behind the kitchen, there is a hallway with a wall of cabinets and an extra large wine fridge. There is also a remodeled bath with a shower and a door to the backyard, perfect for showering after being in the pool. At the end of the main hallway is the private, large master bedroom with vaulted ceilings and an extra large, remodeled master bathroom. In the backyard, walkways go to several patios, grass play area, the pool, jacuzzi and RV parking. The 3 car garage is oversized with a large laundry area. Located in the coveted Del Cerro neighborhood, the home also affords proximity to high-rated schools, shopping, recreation areas (or parks), and walking distance to Del Cerro trails which offer stunning ocean views and trails.

Sold price: $2,360,000

41 Santa Barbara Drive41 Santa Barbara Drive Rancho Palos Verdes CA

(5br/5ba, 3732 sqft.)

Agent's Description:

Situated in the private community of Island View, this gorgeous 5 bedroom, 4.5 bath traditional home exudes exceptional quality and fine workmanship. Built on a large corner lot with manicured landscaping & dramatic night lighting, this home, with great curb appeal, boasts a desirable floor plan featuring a 2 story high landing area, spacious living area, and huge flat backyard with pool/spa, large patio/lounge areas and grassy yard for family enjoyment or entertaining. ON THE MAIN LEVEL, there is a light and bright living room with soaring ceiling, crown molding, hardwood floor and fireplace with custom mantle. The formal dining room has large bay windows to take in the pool view outside. The gourmet kitchen has granite counter tops, garden windows and high-end stainless steel appliances. The cozy family room has a marble fireplace, surround sound and recessed lights. Besides, there is a guest suite conveniently located on this level. ON THE UPPER LEVEL, there is an elegant Master Suite with a cozy fireplace, 2 walk-in closets and a large master bathroom with his and hers vanity area. Besides, there is another bedroom en-suite, plus 2 other bedrooms that share a Jack and Jill bathroom. Other fine appointments at this property include: high ceiling, hardwood floor, extensive use of marble & granite, "Pella" double pane windows & doors, large bay windows, Venetian plaster walls & custom closets. Your family will certainly enjoy this luxurious home with resort style living.

Sold price: $2,550,000

9 Sweetgrass Lane9 Sweetgrass Lane Rolling Hills Estates CA

(4br/4ba, 2673 sqft.)

Agent's Description:

Ultra-private, resort-like backyard/pool, and sport court! Beautiful Colonial Style Estate just finished remodeling with new flooring, new kitchen, new interior/exterior paint, new master bath, new 2nd bath, and new powder room. Perfect for family with kids as the backyard has paddle tennis and basketball court, plus swing play set. After sweating it out, jump into an enormous saltwater swimming pool/spa, along with a rock waterfall, grotto and water-slide, all of which was built just 6 years ago. Then after a full-days fun, entertain guests on a huge deck with built-in BBQ, sink, fridge and fire pit for bonfires and marshmallow roasts. This house is an open floor plan with 4 bedrooms, a huge bonus room and 3 & half baths located on over 30,000 sq, all nearly usable land. Private lot at the end of the street, back yard touches the top of the George F. Canyon nature preserve. Beautiful landscaping with colorful roses, fruit trees, vast amounts of parking, carport for RV & boat, two fireplaces, horse property, great for family entertainment. In addition, there is a wide balcony to enjoy the city light view. This is the ultimate private play land for both adults and kids!

Sold price: $1,920,000

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
1859 Trudie Drive 3/2 1355 8440 $829,000 $612 0 $829,000 08/07/18
3220 Palos Verdes Drive 4/3 2226 8341 $1,650,000 $741 0 $1,650,000 08/07/18
3317 Via Palomino 3/2 2128 7313 $1,699,000 $798 0 $1,699,000 08/06/18
30043 Knoll View Drive 3/3 2015 17270 $1,375,000 $682 0 $1,375,000 08/06/18
4100 Via Largavista 4/4 3280 8374 $2,875,000 $877 0 $2,875,000 08/06/18
21 Martingale Drive 4/3 2780 23392 $1,130,000 $406 0 $1,130,000 08/06/18
5276 Silver Arrow Drive 4/2 2209 15805 $1,397,000 $632 0 $1,397,000 06/30/18
2216 Via Guadalana 4/4 2512 9888 $1,999,888 $796 0 $1,999,888 08/05/18
4405 Via Azalea 5/4 4546 10634 $2,900,000 $638 1 $2,900,000 08/06/18
32012 Cape Point Drive 5/6 6000 18118 $6,250,000 $1,042 1 $6,250,000 08/06/18
2416 Via Ramon 4/5 2756 12248 $2,350,000 $853 1 $2,350,000 08/06/18
2305 Via Acalones 3/3 2301 10482 $2,500,000 $1,086 2 $2,500,000 08/04/18
26206 Grayslake Road 4/2 1890 12381 $1,299,000 $687 2 $1,299,000 08/03/18
17 Ocean Crest Court 2/3 2150 0 $949,000 $441 2 $949,000 08/03/18
961 Via Rincon 6/7 6219 13116 $3,999,900 $643 3 $3,999,900 08/03/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
15 Santa Bella Road 3/2 1923 30697 $1,395,000 $725 57 $1,599,000 06/11/18
412 Via Almar 5/5 3875 10044 $3,400,000 $877 15 $3,400,000 07/23/18
2109 Avenida Aprenda 3/2 1780 9966 $965,000 $542 120 $1,048,000 04/08/18
28303 Ridgehaven Court 74 3/3 1859 753582 $750,000 $403 15 $750,000 06/01/18
27060 Eastvale Road 4/3 2798 23627 $1,599,000 $571 77 $1,599,000 05/21/18
1958 Peninsula Verde Drive 3/3 2462 7241 $939,500 $382 30 $939,500 07/07/18
5915 Armaga Spring Road E 3/3 1484 215371 $699,000 $471 12 $699,000 07/24/18
9 Portuguese Bend Road 6/7 5462 73744 $3,975,000 $728 20 $3,975,000 07/16/18
28277 Trailriders Drive 4/2 1816 7161 $1,100,000 $606 11 $1,100,000 07/25/18
2639 Via Carrillo 3/2 2130 8321 $1,640,000 $770 13 $1,640,000 07/23/18
4319 Admirable Drive 3/3 1865 11796 $1,595,000 $855 19 $1,595,000 07/17/18
28655 Roan Road 3/3 2328 20377 $1,299,000 $558 5 $1,299,000 07/28/18
1902 Trudie Drive 3/1 1084 5450 $749,000 $691 42 $779,000 06/21/18
29418 Quailwood Drive 5/3 2468 9175 $1,285,000 $521 8 $1,285,000 06/26/18
3604 W Estates Lane 206 2/2 951 433780 $479,000 $504 29 $479,000 07/09/18
5702 Whitecliff Drive 4/3 2052 9822 $1,398,000 $681 13 $1,398,000 07/23/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
10 Crestwind Drive 4/4 3513 21354 $2,360,000 $672 3 $2,295,000 08/07/18
30010 Whitley Collins Drive 4/5 3255 10306 $1,632,000 $501 146 $1,983,370 08/04/18
6045 Montemalaga Drive 5/5 4200 7175 $1,930,000 $460 28 $1,975,000 08/03/18
4324 Cartesian Circle 5/4 3384 9877 $1,730,000 $511 14 $1,795,000 08/03/18
2545 Via Campesina 106 2/3 1511 21381 $660,000 $437 10 $678,000 08/03/18
2140 Via Pacheco 3/3 2012 11018 $1,655,000 $823 10 $1,629,000 08/03/18
14 Hilltop Circle 3/3 2198 1858 $1,095,000 $498 8 $1,095,000 08/03/18
2049 Santa Rena Drive 4/2 1746 7687 $740,000 $424 9 $695,000 08/03/18
112 Hilltop Circle 2/2 1834 2761 $1,003,000 $547 7 $979,000 08/03/18
4622 Browndeer Lane 4/3 2148 11995 $1,230,000 $573 20 $1,249,000 08/03/18
6721 El Rodeo Road 3/2 1471 15152 $925,000 $629 6 $995,000 08/03/18
1509 Via Margarita 4/3 2277 9891 $1,725,000 $758 4 $1,695,000 08/03/18
30154 Rhone Drive 4/2 2186 15142 $1,450,000 $663 3 $1,450,000 08/03/18
5113 Elmdale Dr 3/2 1637 12870 $1,190,000 $727 8 $1,149,000 08/03/18
29641 S Western Avenue 417 3/2 1704 72443 $538,000 $316 7 $538,000 08/02/18
9 Sweetgrass Lane 4/4 2673 30331 $1,920,000 $718 13 $1,968,000 08/02/18
41 Santa Barbara Drive 5/5 3732 18617 $2,550,000 $683 104 $2,695,000 08/02/18
4801 Falcon Rock Place 3/3 2432 7763 $1,316,259 $541 6 $1,350,000 08/02/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
6829 Vallon Drive 4/3 2720 10123 $1,800,000 $662 84 $1,950,000 05/15/18
2357 Via Anacapa 3/2 1717 15594 $1,699,000 $990 58 $1,798,000 06/10/18
29205 S Trotwood Avenue 2/2 1080 5894 $798,700 $740 121 $839,000 04/04/18
2508 Via Pinale 3/4 2402 5336 $2,099,000 $874 16 $2,199,000 07/20/18
14 Limetree Lane 4/2 2400 40808 $1,249,000 $520 52 $1,289,000 06/04/18
6445 Via De Anzar 5/4 3521 17310 $1,499,000 $426 57 $1,599,000 06/09/18
27 Buggy Whip Drive 7/8 6455 163427 $5,199,000 $805 138 $5,495,000 03/20/18
28635 Mount Shasta Drive 3/3 1768 6848 $924,999 $523 92 $975,000 05/03/18
1 Seahurst Road 4/3 2279 30139 $1,480,000 $649 31 $1,580,000 07/05/18
29405 Bayend Drive 3/2 1409 6952 $775,000 $550 30 $875,000 07/06/18
3324 Crownview Drive 7/7 6000 26274 $3,720,000 $620 121 $4,190,000 03/30/18
1124 Via Zumaya 4/4 3468 7642 $2,145,000 $619 48 $2,150,000 06/18/18
27810 Saddle Road 3/2 1494 12480 $1,180,000 $790 15 $1,240,000 07/21/18
2357 Palos Verdes Drive 8 2/2 1340 10667 $780,000 $582 54 $799,000 06/12/18
3 Mustang Road 4/5 5064 18021 $2,395,000 $473 100 $2,695,000 04/29/18
26307 Silver Spur Road 3/2 1291 14294 $1,170,000 $906 52 $1,225,000 06/14/18
8 Pine Tree Lane 3/3 2812 142008 $3,300,000 $1,174 160 $3,700,000 02/26/18

 

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