Palos Verdes Market Update (9/26/18)

Posted by South Bay Staff on Wednesday, September 26th, 2018 at 7:22am.

Palos Verdes Real Estate Market Update

SEPTEMBER 26, 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 (+6 over last week)

New listings this week: 34

Newly in escrow this week: 28

New closed sales this week: 14

New price cuts this week: 31

Featured New Listings of the Week

1724 Via Coronel1724 Via Coronel Palos Verdes Estates CA

(6br/7ba, 10,642 sqft.)

Agent's Description:

Crowning a hilltop in Palos Verdes, an enchanting estate soaks in sea air and unobstructed panoramic ocean views. Czechoslovakian wrought iron doors welcome visitors to the many artistic surprises just inside this home. Custom designed by architect Ardeshir Bahar, the timeless style captures the essence of European design. The draping gardens, and lush trees, highlight the elegantly cut stone exterior. Beautifully shaped pavers patterned in the circular drive, and singing fountains, further invite one to experience this seaside estate. The main floor has a palatial quality with it's impressive rotunda entry flanked by cloisters and colonnade-style hallways. Countless glass French doors support an indoor-outdoor lifestyle. Built for the entertainer, the main floor hosts a formal living room with a drawing room ambiance. The space boasts intricately patterned hardwood floors, a 17th century hand-carved stone wood burning fireplace and cleverly connects to a regal study, or a room that, as if plucked from another era, would be ideal for a gentleman's nightcap, and cigar, over a game of cards. With seating for 24 guests, the dining room offers artistic inspiration via a mural painted by the late fashion designer Gianni Versace’s personal artist. Before a dinner party, guests are sure to delight in aperitifs from the gorgeous wet-bar trimmed in veneer panels of hammered gold, reminiscent of a Parisian brasserie. Built to transcend time, this masterpiece is an absolute classic. 

List price: $11,900,000

2864 Palos Verdes Drive2864 Palos Verdes Drive Rolling Hills CA

(6br/8ba, 8580 sqft.)

Agent's Description:

NEW CONSTRUCTION! With 5 bedrooms, 2 offices, and 8 bathrooms, this custom-built, ranch style home boasts high-end finishes throughout. Master suite occupies the east wing off the entry while an additional 3 ensuites sit on the opposite end of the first floor. An expansive great room with vaulted, 20ft ceilings overlooks panoramic views of Los Angeles. Downstairs includes a full wet bar, classic style movie theater, 1000+ bottle wine cellar, private ensuite and elevator. Living is made simple with fully-integrated, Crestron home automation system that includes security cameras, alarm system, pool and spa controls, entertainment controls and mores. Situated on 1.22 acres, exterior features include outdoor kitchen, herb garden, pool and spa, firepit, BBQ, Pizza Oven, and citrus orchard. All information is deemed reliable but not guaranteed, BTV. 

List price: $6,999,000

7137 Avenida Altisima7137 Avenida Altisima Rancho Palos Verdes CA

(4br/5ba, 4867 sqft.)

Agent's Description:

Indulge in the breathtaking ocean views from nearly every room on this property. Step away from the ordinary in this custom estate from the wrought iron entryway to the multi-level backyard. Gleaming stone floors and classic pillars highlight the architectural details throughout. A true entertainers home equipped with gourmet chefs kitchen, large center island, and oversized peninsula countertop. Vaulted ceilings and floor to ceiling windows give this home an indoor-outdoor living style in a classic setting. Enormous master ensuite to call your ultimate sanctuary with a fireplace, walk-in closet, dual sinks, and an endless ocean view. All additional main bedrooms on the same level each with their own ocean view. Invite your guests to soak in the extensive backyard highlighted by a circular fire pit, water feature and lush landscaping overlooking the panoramic ocean view. Multi-use In-laws quarters or game room opens to lower backyard level and features its own fireplace. Upper-level office space also offers an impressive ocean view and private quarters. Three car garage with plenty of additional storage spaces and private laundry room. This property has it all and is located in a quiet, highly desired neighborhood. 

List price: $2,995,000

Notable Sales of the Week

30637 Calle De Suenos30637 CAlle De Suenos Rancho Palos Verdes CA

(6br/10ba, 7676 sqft.)

Agent's Description:

Spectacular is the first word that comes to mind when you discover this custom-built home. Breathtaking ocean views are the backdrop, featuring walls of glass from most rooms. The main level includes a double door entry which leads to the living room, family room, billiard room, formal dining room, gourmet kitchen, a magnificent master suite, and the 4-car garage. It can truly live like a one level home. The dramatic staircase leads to the guest bedrooms, where each is, “en suite”. Outdoors, you’ll find a striking infinity edge pool with built-in spa, perfectly positioned to take advantage of those 220 degree, west facing views. The covered loggia offers a sheltered retreat from the elements; both rain and shine. Stunning quality is immediately evident throughout. This exquisite home offers a luxurious, yet relaxed lifestyle complete with 9 fireplaces, Venetian plaster, precast moldings, a 500 gallon fish tank, a 1,300 bottle, refrigerated wine cellar and so much more. Grace and beauty is truly achieved in this one of a kind home.

Sold price: $6,100,000

7 Acacia Road7 Acacia Road Rolling Hills CA

(4br/6ba, 5630 sqft.)

Agent's Description:

Situated on a quiet cul-de-sac, a winding walkway leads you to this stunning country estate, effortlessly combining rustic and modern styles in a seamless and elegant manner. Step inside to discover a game room, formal living room, an amazing chef’s kitchen that includes, custom cabinetry, Neolith, Quartz and natural stone counters, and stainless steel sinks. A spectacular family room directly off the kitchen creates the “Great Room” everyone desires. The bedroom wing consists of 3 bedrooms, including a luxurious master suite with its vintage brick fireplace set in herringbone pattern. The Master bathroom has Neolith counters, custom cabinetry, heated floors, a gorgeous soaker tub and basalt stone shower with river rock floor. The sinks and bathtub in the master bath are made of resin, which is soft and luxurious compared to porcelain. This is the epitome of outdoor entertaining, where lush and natural landscaping blends with the beautiful pool, spa and BBQ area. The rock pool slide offers fun for those young and young at heart. Guests may never want to leave once they discover the 650 square foot 1 bedroom, 1 bath guest house. Other features include: An office, formal dining room, Vintage chestnut flooring, custom porcelain tile, new skylights with integrated blinds and remote controls, newer outdoor lighting, new AC/heat (Nest system), Security system and Sonos sound system. Solar power panels installed as well! (Edison bill is usually less than $10.00 per month). 

Sold price: $4,875,000

2 Williamsburg Lane2 Williamsburg Lane Rolling Hills CA

(4br/5ba, 3187 sqft.)

Agent's Description:

This charming 4 bedroom 5 bath home with guest house has over 3500 square feet of living space. The 2 acre parcel is located on one of Rolling Hills most sought after streets. The gated city has 650 home sites and 24 hour guard gated access with sprawling acres of open space and trails creating the ultimate retreat. The home enjoys a chefs kitchen with butcher blocked center island, Thermador industrial stove, and a Sub Zero engulfed in white custom cabinets and soaring vaulted ceilings. Two fireplaces are the center pieces of the living room and family room that flows out to an expansive brick patio terrace perfect for outdoor entertaining. The master bedroom with rustic hardwood floors open to an amazing spa bath with stand alone tub positioned around a bay window to take in the amazing pastoral views. The grounds feature a guest house with swimming pool and spa surrounded by a large deck area, garden patio, expansive lawns, fruit trees and lush landscaping. The educational system is considered one of the best in Country… you will enjoy access to Dapplegray Elementary and your middle school children can attend Miraleste intermediate… Palos Verdes and Peninsula high schools are open to all students living on the hill… minutes away you will find a world class resort and spa… as well as many golfing opportunities…. Trails and an abundance of open space makes Rolling Hills a special place to call home. 

Sold price: $3,000,000

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
6520 Sandy Point Court 3/4 2712 4423 $1,535,000 $566 0 $1,535 09/25/18
15 Rockinghorse Road 5/5 3639 23781 $1,999,750 $550 0 $1,999,750 09/25/18
1808 Velez Drive 5/4 3478 7212 $1,389,000 $399 0 $1,389,000 09/24/18
28332 Ridgefalls Court 3/3 2517 753582 $959,000 $381 0 $959,000 09/24/18
716 Paseo Lunado 5/5 4101 13604 $2,800,000 $683 0 $2,800,000 09/24/18
7137 Avenida Altisima 4/5 4867 20834 $2,995,000 $615 0 $2,995,000 09/21/18
2 Pine Tree Lane 5/8 7585 114584 $5,900,000 $778 0 $5,900,000 09/24/18
38 Via Del Cielo 7/8 6288 24296 $4,999,999 $795 0 $4,999,999 09/24/18
569 Via Almar 4/5 3496 6737 $3,200,000 $915 1 $3,200,000 09/24/18
26841 Eastvale Road 3/3 2264 11925 $1,350,000 $596 1 $1,350,000 09/24/18
1724 Via Coronel 6/7 10642 36933 $11,900,000 $1,118 2 $11,900,000 09/24/18
3648 Palos Verdes Drive 2/2 1648 6694 $1,299,000 $788 2 $1,299,000 09/22/18
3200 La Rotonda Drive 506 2/2 1373 0 $749,000 $546 3 $749,000 09/22/18
2864 Palos Verdes Drive 6/8 8580 53401 $6,999,000 $816 3 $6,999,000 09/21/18
1708 Espinosa Circle 4/3 2439 7785 $1,499,900 $615 3 $1,499,900 09/21/18
6829 Vallon Drive 4/3 2720 10123 $1,649,000 $606 3 $1,649,000 09/21/18
5700 Ravenspur Drive 305 1/1 910 36702 $433,000 $476 4 $433,000 09/21/18
5682 Mistridge Drive 5/4 2512 8946 $1,399,000 $557 5 $1,399,000 09/20/18
3 Nuvola Court 4/4 3600 28188 $2,499,000 $694 6 $2,599,000 09/18/18
305 Via Navajo 3/2 1900 7496 $1,675,000 $882 6 $1,675,000 09/18/18
2824 San Ramon Drive 3/3 2127 10288 $1,295,000 $609 7 $1,295,000 09/17/18
27035 Eastvale Road 4/4 3536 19716 $2,289,000 $647 7 $2,289,000 09/17/18
704 Via Horcada 4/3 2616 17981 $3,250,000 $1,242 7 $3,250,000 09/17/18
2720 Via Elevado 4/4 4919 21001 $3,400,000 $691 7 $3,400,000 09/17/18
6305 Ridgemar Court 3/3 2005 519949 $849,000 $423 7 $849,000 09/17/18
5 Cayuse Lane 5/5 5082 19729 $1,529,000 $301 7 $1,529,000 09/17/18
5245 Sunny Point Place 4/2 1670 9771 $1,499,500 $898 8 $1,499,500 09/17/18
26910 Lunada Circle Drive 4/3 2448 6682 $949,000 $388 8 $949,000 09/17/18
515 Via Almar 3/2 2314 6427 $2,495,000 $1,078 8 $2,495,000 09/17/18
53 Cayuse Lane 3/2 1952 30094 $1,290,000 $661 8 $1,290,000 09/16/18
26447 Basswood Avenue 3/2 1610 7454 $1,250,000 $776 9 $1,250,000 09/16/18
27136 Sunnyridge Road 2/3 2313 20997 $1,350,000 $584 10 $1,350,000 09/14/18
6352 Via Colinita 4/3 2882 17325 $1,495,000 $519 10 $1,495,000 09/14/18
2571 Via Campesina A 2/2 1335 11672 $719,900 $539 10 $719,900 09/14/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
27912 Ridgecove Court 2/3 1083 309695 $635,000 $586 28 $635,000 08/28/18
32020 Cape Point Drive 5/6 5940 18592 $4,499,000 $757 39 $4,499,000 08/17/18
45 Seaview Dr N 3/3 1858 1629 $919,000 $495 17 $919,000 09/07/18
3131 Deluna Drive 4/2 2542 20365 $1,399,000 $550 4 $1,399,000 09/20/18
1733 Kingsdown Court 3/2 1180 191356 $529,000 $448 11 $529,000 09/13/18
5555 Mistridge Drive 4/3 3052 18017 $1,888,000 $619 5 $1,888,000 09/19/18
1509 Via Margarita 4/3 2277 9891 $1,750,000 $769 17 $1,750,000 09/07/18
34 Country Lane 4/4 3352 18292 $1,900,000 $567 17 $1,900,000 09/07/18
6954 Abbottswood Drive 4/2 1887 10680 $1,325,000 $702 9 $1,325,000 09/15/18
6329 Tarragon Rd 4/5 4267 19882 $1,995,000 $468 18 $1,995,000 09/06/18
26858 Basswood Avenue 3/2 1460 7768 $985,000 $675 58 $950,000 06/28/18
3200 La Rotonda Drive 403 3/2 1628 241991 $859,000 $528 119 $875,000 05/28/18
6542 Ocean Crest Drive D307 2/2 1091 167165 $565,000 $518 18 $565,000 09/06/18
915 Via Panorama 4/5 5064 31000 $5,900,000 $1,165 129 $7,300,000 05/18/18
11 Cresta Verde Drive 2/3 1512 491349 $750,000 $496 25 $769,000 08/30/18
79 Aspen Way 2/3 1961 1422 $899,000 $458 19 $899,000 09/05/18
27166 Eastvale Road 3/3 2125 20617 $1,599,000 $752 32 $1,599,000 08/23/18
5055 Foxpoint Lane 3/2 1751 13542 $1,199,900 $685 28 $1,199,900 08/27/18
1133 Via Zumaya 4/4 3449 11824 $2,100,000 $609 17 $2,100,000 09/07/18
1517 Palos Verdes Drive 3/2 1592 8931 $1,499,000 $942 46 $1,575,000 08/09/18
29205 S Trotwood Avenue 2/2 1080 5894 $798,700 $740 153 $839,000 04/04/18
27753 Hawthorne Boulevard 3/2 1395 7490 $999,000 $716 7 $999,000 09/07/18
26307 Silver Spur Road 3/2 1291 14294 $1,170,000 $906 102 $1,225,000 06/14/18
5905 Flambeau Road 4/2 1670 9114 $1,100,000 $659 22 $1,100,000 09/02/18
7168 Crest Road 5/4 3635 8761 $1,939,000 $533 256 $2,158,000 01/11/18
1735 Oldstone Court 4/2 1368 69660 $589,900 $431 34 $589,900 08/21/18
2 Chaparral Lane 3/3 2860 26824 $1,549,000 $542 97 $1,599,000 06/19/18
980 Via Rincon 5/6 6500 16708 $4,195,000 $645 237 $4,499,000 01/30/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
7 Acacia Road 4/6 5630 75720 $4,875,000 $866 81 $5,299,000 09/24/18
8 Via La Rocca 5/5 4632 10255 $2,070,000 $447 32 $2,088,000 09/21/18
6914 Brookford Drive 3/2 2130 7717 $1,430,000 $671 10 $1,399,000 09/21/18
12 Hillcrest Meadows 3/3 2567 11438 $1,380,830 $538 81 $1,499,000 09/20/18
1812 Dalton Road 4/2 2485 7430 $1,715,000 $690 71 $1,799,000 09/20/18
2115 Via Visalia 3/2 2000 8630 $1,450,000 $725 61 $1,550 09/20/18
30637 Calle De Suenos 6/10 7676 37114 $6,100,000 $795 261 $6,998,000 09/19/18
51 Oaktree Lane 3/3 2184 2025 $945,000 $433 22 $969,000 09/19/18
5276 Silver Arrow Drive 4/2 2209 15805 $1,397,000 $632 7 $1,397,000 09/19/18
3112 Palos Verdes Dr. N. 3/2 2348 6840 $1,345,000 $573 65 $1,450,000 09/19/18
26206 Grayslake Road 4/2 1890 12381 $1,177,500 $623 21 $1,299,000 09/18/18
1525 Via Castilla 4/4 3561 15026 $2,000,000 $562 4 $1,995,000 09/17/18
2 Williamsburg Lane 4/5 3187 98202 $3,000,000 $941 193 $3,275,000 09/14/18
28420 Pontevedra Drive 4/2 1928 13232 $877,500 $455 3 $895,000 09/14/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
613 Tyburn Road 5/4 2783 7697 $2,399,000 $862 25 $2,499,000 08/31/18
2 Sycamore Lane 3/3 2184 1931 $863,000 $395 14 $875,000 09/10/18
3 Nuvola Court 4/4 3600 28188 $2,499,000 $694 6 $2,599,000 09/18/18
1005 Estrella Del Mar 2/3 1767 20983 $919,000 $520 75 $925,000 07/11/18
2777 Vista Mesa (must See) Drive 3/2 1624 14579 $1,299,000 $800 28 $1,350,000 08/27/18
820 Via Somonte 4/4 3812 11862 $3,258,800 $855 105 $3,395,000 06/11/18
4319 Admirable Drive 3/3 1865 11796 $1,548,500 $830 69 $1,595,000 07/17/18
20 Paseo De Castana 4/5 4001 8477 $1,749,000 $437 31 $1,798,000 08/24/18
28646 Gunter Road 3/2 1281 5999 $899,000 $702 16 $950,000 09/08/18
29948 Knoll View Drive 4/4 2623 12467 $1,690,000 $644 73 $1,750,000 07/13/18
6305 Ridgeglade Court 4/3 2161 519949 $879,900 $407 40 $889,900 08/16/18
5029 Browndeer Lane 4/3 2146 6579 $1,250,000 $582 23 $1,300,000 09/01/18
1 Clear Vista Drive 6/7 5766 19264 $3,100,000 $538 47 $3,250,000 08/08/18
2220 Potrillo Rd 3/2 2062 17969 $1,299,000 $630 94 $1,375,000 06/22/18
1456 Via Coronel 5/5 4956 15708 $2,780,000 $561 20 $2,880,000 09/04/18
6569 Via Lorenzo 4/3 2505 7265 $1,375,000 $549 32 $1,395,000 08/23/18
30936 Cartier Drive 4/4 4705 31775 $3,799,000 $807 56 $3,999,000 07/30/18
10 Via Subida 4/5 3300 15733 $1,575,000 $477 19 $1,649,000 09/05/18
18 Buckskin Lane 5/4 3040 11764 $1,699,999 $559 28 $1,850,000 08/27/18
27521 Fawnskin Drive 3/2 1878 7010 $1,165,000 $620 21 $1,189,000 09/03/18
3324 Crownview Drive 7/7 6000 26274 $3,675,000 $613 171 $4,190,000 03/30/18
26634 Hawkhurst Drive 4/3 2406 7370 $1,325,000 $551 44 $1,368,000 08/11/18
13 Caballeros Road 4/5 4020 49469 $4,200,000 $1,045 139 $4,500,000 05/06/18
32012 Cape Point Drive 5/6 6000 18118 $5,995,000 $999 49 $6,250,000 08/06/18
5044 Blackhorse Road 3/3 1896 11886 $1,319,000 $696 58 $1,329,000 07/28/18
36 Sea Cove Drive 2/2 1994 43449 $3,500,000 $1,755 47 $4,200,000 08/08/18
30753 Ganado Drive 4/3 2372 10871 $1,699,800 $717 65 $1,799,999 07/20/18
1448 Via Castilla 4/4 3521 16655 $2,095,000 $595 84 $2,495,000 06/04/18
2015 Trudie Drive 3/1 1054 5589 $769,000 $730 48 $819,000 08/07/18
1903 Redondela Drive 4/3 1876 7163 $998,000 $532 54 $1,050,000 08/02/18
2445 Via Sonoma 4/4 3354 16868 $1,997,500 $596 151 $2,349,000 04/12/18

 

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