Palos Verdes Weekly Update (9/5/18)

Posted by South Bay Staff on Wednesday, September 5th, 2018 at 6:52am.

Palos Verdes Weekly Real Estate Market Update

SEPTEMBER 5, 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 from last week)

New listings this week: 14

Newly in escrow this week: 17

New closed sales this week: 9

New price cuts this week: 12

Featured New Listings of the Week

2854 Via Victoria2854 Via Victoria Palos Verdes Estates CA

(6br/8ba, 7100 sqft.)

Agent's Description:

Contemporary Elegance! Upper Lunada Bay Ocean View Estate with pool, sport court, and open air fitness center ! Hollywood Hills Meets Prestigious Palos Verdes Estates. Designed by Joseph Spierer Architects, this custom built estate embraces the desirable indoor / outdoor living with an open floorplan concept and multiple entertainment areas. Built in 2015, its 7270 Sqft includes 6 Bedrooms, 8 Bathrooms, Family Room, Media Room, Den, and 2 Kitchens! It includes the latest technologies and spare no expense for lighting, sound, and energy efficiency including a solar system. The first floor features an open kitchen, dining, and living area flooded with the natural light of its southern exposure. The living rooms fully electric retracting sliding doors enhance the Santa Monica Bay and Mountains view and overlook the massive flat rear yard. Its smooth clean modern lines, skylights, modern wood and marble fireplace. The kitchen features Viking appliances, plentiful counter space and cabinets, 8 burner stove top, and walk in pantry. There is entertainment for all in the yard from the sports court and lawn areas to the open air gym, sauna room, covered BBQ area and pool sitting pit with viewing glass to see the underwater activity. The master suite includes its oversized master bath spa tub and shower. The his/hers master closet has room for all your personal needs. All the bedrooms enjoy their own bathrooms and most have walk in closets.

List price: $4,900,000

1456 Via Coronel1456 Via Coronel Palos Verdes Estates CA

(5br/5ba, 4956 sqft.)

Agent's Description:

This custom designed residence in upper Lunada Bay boasts a superb modern curb appeal by taking advantage of the elevated corner lot of Via Coronel and Muros Pl (tiny cul-de-sac). This home has 5 bedrooms / 4.5 baths with almost 5000sf living space, and 3-car garage with no-step direct access. Sizable entrance foyer with marble floor welcomes you. There is one bedroom on the first floor! Wonderful ocean view can be enjoyed from living room, master and two other bedrooms. Massive master bedroom is bright; the bathroom is also substantial with a huge bathtub and the shower room has a stained glass and skylight. The landing on the second floor is extra large and bright with an over-sized skylight. It has a built-in shelf and desk to be used as a study. Spacious kitchen with maple cabinets, built-in fridge and granite counter tops is open to a vast family room which has a bar area. Swimming pool with spa and patio are ideal for summer day relaxation or entertainment. The roof has recently been replaced in 2018. New hardwood floors have been just installed in living, dining, family rooms, and all bedrooms; bathrooms have also been upgraded in August 2018. Great potential for further remodeling to make it the gorgeous home you have dreamed of.

List price: $2,880,000

7375 Lunada Vista7375 Lunada Vista Rancho Palos Verdes CA

(5br/5ba, 4519 sqft.)

Agent's Description:

Florence. Siena. Chianti. You’ll feel like you’re in the midst of the Tuscany countryside in this gorgeous ocean-view home. Built in 2007, this stylish beauty features 5 bedrooms plus and office and 4.5 bathrooms in 4,500 square feet of spacious living space and on an over 10,000 square foot lot. Situated on a quiet cul-de-sac, you'll find sail boats, migrating whales and the deep blue Pacific are your backdrop to paradise. Step inside the dramatic entryway and you know you’re in for a treat. Arched doorways and designer accents throughout lend an elegant flair to this Tuscan beauty. Entertaining is a breeze in the gourmet kitchen with 2 dishwashers, 2 ovens, a huge center island, granite counters, stone back splashes and custom cabinets. The home includes an office and formal living, dining and family rooms with special touches such as wood tray ceilings, Venetian plaster walls and distressed wallnut hardwood and travertine floors. The large master suite includes a stone fireplace, Jacuzzi tub, steam shower, and an oversized walk-in wood-lined closet. Enjoy Al Fresco dining on one of the patios or in the back yard with the outdoor kitchen, pergola, built-in barbeque and fireplace. The home also includes air conditioning, an elevator and 3 car garage. Isn’t it time you relax in your own Tuscan retreat with a cup of cappuccino an afternoon of “il dolce far niente” – the sweet doing of nothing? You’ve earned it. 

List price: $2,995,000

Notable Sales of the Week

1516 Chelsea Road1516 Chelsea Road Palos Verdes Estates CA

(3br/2ba, 2435 sqft.)

Agent's Description:

There's always been something special about Lunada Bay and discerning buyers understand the significant difference between "upper" and "lower" Lunada Bay, but then crank up the tranquility vibe, the "Olde English" ambience and the more "east coast" feel of the Margate neighborhood. Frank Vanderlip created this backdrop on purpose; do you see "Via This" or "Via That" as street names? No, you don't. And when you drive this neighborhood to pick your "forever" home, you'll get it and that sigh you hear will be yours. A wonderfully large lot, sporting areas abound and attached to the garage is a large workshop or workout room or perhaps your at home office. The home itself is on one level (PVE Homes Assoc zoned for 2.5 stories) with a couple of modifications (all with PVE Homes Association Approval) that enhance the flow, expand the efficient use of over 2400sqft of living area. Palos Verdes High School is located just a few blocks to the south and is a 15 minute flat street walk; Palos Verdes Intermediate is a mere 24 minute walk or 4 minute drive and Lunada Bay Elementary is a 4 minute drive away. The wonderful Lunada Bay Plaza with shops, restaurants, St Honore French Bakery and the Lunada Market & Deli are rooted in the community and serve as touchstones for Lunada Bay residents. There are few places in this giant Los Angeles metropolitan area that whisper so powerfully the feeling of small town peacefulness and the Margate - Lunada Bay neighborhood is second to none. 

Sold price: $1,870,000

2462 Rue Le Charlene2462 Rue Le Charlene Rancho Palos Verdes CA

(3br/3ba, 3338 sqft.)

Agent's Description:

Spectacular View Home. With Stunning Harbor, City Lights, Ocean, Coastline Views from Los Angeles to Orange County. Beautiful Home Located at End Of Culdesac On A Private Drive. Home Offers 3 Large Bedrooms and 3 Baths, Office with Built-in Book Shelves, Formal Living Room With Fireplace, a Formal Dining Area. Chef's Dream Kitchen with Granite 5x9 Center Island. Remodeled Completely with Granite Counter Tops And Custom Cabinetry. Pull-out Shelves for Spices, Refrigerated Pull-out Shelves for Beverages, Pull-out Drawers, 2 Sinks, Pot Filler, Griddle On Range, Built-In Appliances with Sub-Zero Refridgerator, Wolf Rage and Double Ovens, Large Eating Area. Family Room With Custom Built Bar And Fireplace. Master Suite Has Private View Deck, Walk-In Closet, Spa Tub, Separate Shower With Double Vanities, And Fabulous View. Entertainer's Dream Backyard. Lushly Landscaped With Gorgeous Waterfall, Pool And Spa and Koi-Pond. Built-In BBQ with Sink, Disposal And 2 Burners. Outdoor Shower. Separate Laundry Room. 3 Car Garage Direct Access To Home. 2 Air Conditioners. Oakwood Floors, Carpet In Bedrooms. Security Cameras Around The House With Security System In House. Tax Rolls Show 5 Bedroom, 3 Baths. Seller remolded Home and Changed Home to 3 Bedrooms, Office and 3 Baths. Seller Has Added 170 Square Feet To Remodel Kitchen. 

Sold price: $1,713,000

32 Packet Road32 Packet Road Rancho Palos Verdes CA

(4br/4ba, 2341 sqft.)

Agent's Description:

This gorgeous mid-century pool home sits at the corner of Packet and Sea Cove in a picturesque and quaint seaside neighborhood with tree-lined streets, peeks of the blue ocean, and its own private coastal access to an amazing rocky beach and coastline! It offers a terrific feeling inside and out, it has a fabulous open floor plan with lots of modern updating throughout, and it’s walking distance to the mesmerizing Terranea Resort! There’s some ocean view from the living room and ocean peek views from all bedrooms! The totally private tropical backyard is a “Zen” retreat with its salt-water rock pool, spa, waterfall, patios, BBQ/outdoor kitchen, outdoor shower, and grassy backyard with fire pit! The living room, hallway and all bedrooms have stunning wide plank hardwood flooring, and the kitchen and bathrooms all have nice tile. The open concept kitchen/family room/dining room has a remodeled kitchen with SS appliances, bar counter, skylights, big butler’s pantry, + large dining area that is all connected to the family room. All of the bedrooms have nautical white wainscot wood ceilings with crown molding and ceiling fans! The master suite has a walk-in closet + updated bathroom with access to the back yard. There is an additional unpermitted ½ bath off the patio that’s convenient for backyard/pool entertaining! Solar panels are paid in full with little to no electric bills! Plantation shutters, soft water treatment, recessed lighting, solar tubes, newer baseboards, and mor

Sold price: $1,549,000

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
2854 Via Victoria 6/8 7100 23532 $4,900,000 $690 0 $4,900,000 09/04/18
65 Ranchview Road 4/3 3118 13211 $1,290,000 $414 0 $1,290,000 09/04/18
1033 Via Palestra 3/3 2067 8484 $1,695,000 $820 0 $1,695,000 09/04/18
1456 Via Coronel 5/5 4956 15708 $2,880,000 $581 0 $2,880,000 09/04/18
1420 Via Mateo 4/3 3532 15044 $2,449,000 $693 0 $2,449,000 09/03/18
27563 Rainbow Ridge Road 3/2 2059 27441 $1,495,000 $726 0 $1,495,000 09/03/18
30629 Ganado 4/3 2227 13402 $1,250,000 $561 1 $1,250,000 09/03/18
7375 Lunada Vista 5/5 4519 10008 $2,995,000 $663 1 $2,995,000 09/03/18
27521 Fawnskin Drive 3/2 1878 7010 $1,189,000 $633 1 $1,189,000 09/03/18
2077 Upland Street 4/2 1938 12287 $1,019,000 $526 1 $1,019,000 09/02/18
5905 Flambeau Road 4/2 1670 9114 $1,100,000 $659 2 $1,100,000 09/02/18
24 Shady Vista Road 3/3 3687 9438 $1,500,000 $407 2 $1,500,000 09/01/18
7 Pepper Tree Lane 4/3 2549 5723 $1,450,000 $569 3 $1,450,000 09/02/18
5029 Browndeer Lane 4/3 2146 6579 $1,300,000 $606 3 $1,300,000 09/01/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
4132 Via Picaposte 3/3 1860 7978 $1,569,000 $844 4 $1,569,000 08/31/18
2357 Palos Verdes Drive 8 2/2 1340 10667 $769,000 $574 83 $799,000 06/12/18
5722 Sunmist Drive 4/3 2448 9236 $1,299,000 $531 14 $1,299,000 08/20/18
888 Via Del Monte 3/2 2202 16961 $1,990,000 $904 10 $1,990,000 08/24/18
26126 Birchfield Avenue 4/2 1912 8054 $1,150,000 $601 14 $1,150,000 08/20/18
25 Georgeff Road 4/4 3176 48879 $2,275,000 $716 153 $2,439,000 04/02/18
2533 Via Rivera 4/3 2497 10354 $1,550,000 $621 6 $1,550,000 08/27/18
2568 Colt Road 4/4 2191 22005 $1,179,000 $538 10 $1,199,000 08/21/18
2229 Via Fernandez 3/2 1616 7712 $1,450,000 $897 25 $1,450,000 08/09/18
3250 Seaclaire Drive 4/3 2347 12950 $1,599,900 $682 59 $1,599,900 07/06/18
29641 S Western Avenue 413 2/2 1310 72443 $449,900 $343 40 $449,900 07/25/18
18 Barkentine Road 4/3 2950 11069 $1,565,000 $531 14 $1,565,000 08/20/18
6887 Vallon Drive 4/3 2961 9356 $1,558,800 $526 85 $1,698,800 06/10/18
27515 Fawnskin Drive 3/2 1395 7005 $1,124,000 $806 33 $1,124,000 08/01/18
1540 Addison Road 3/3 2369 9173 $1,849,000 $780 143 $1,899,000 04/09/18
2044 Redondela Drive 3/2 1790 10168 $1,015,000 $567 21 $1,015,000 08/13/18
1835 Caddington Drive 63 3/2 1282 127123 $599,000 $467 14 $599,000 08/20/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
1516 Chelsea Road 3/2 2435 11936 $1,870,000 $768 58 $1,958,800 08/31/18
6216 Moongate Drive 4/3 2052 8876 $1,310,000 $638 42 $1,300,000 08/31/18
29418 Quailwood Drive 5/3 2468 9175 $1,365,000 $553 8 $1,285,000 08/31/18
2462 Rue Le Charlene 3/3 3338 21505 $1,713,000 $513 49 $1,825,000 08/30/18
2120 W Macarthur Street 3/3 1236 9865 $860,000 $696 47 $899,000 08/30/18
32646 Coastsite Drive 207 2/2 1433 753046 $690,000 $482 40 $724,900 08/30/18
1835 Caddington Drive 51 2/2 1103 127123 $525,000 $476 1 $495,000 08/30/18
32 Packet Road 4/4 2341 9769 $1,549,000 $662 42 $1,549,000 08/30/18
28303 Ridgehaven Court 74 3/3 1859 753582 $770,000 $414 15 $750,000 08/30/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
8 Shady Vista Road 3/2 1555 11251 $1,200,000 $772 42 $1,365,000 07/24/18
27046 Freeport Road 4/3 2690 14091 $1,574,950 $585 8 $1,685,000 08/28/18
4115 Miraleste Dr. 4/3 3193 8501 $1,449,000 $454 37 $1,648,900 07/29/18
915 Via Panorama 4/5 5064 31000 $5,900,000 $1,165 108 $7,300,000 05/18/18
1416 Granvia Altamira 5/5 4465 19129 $3,195,000 $716 21 $3,250,000 08/13/18
1349 Via Zumaya 4/4 4584 16993 $2,799,000 $611 43 $2,950,000 07/23/18
37 Eastfield Drive 3/3 1904 63683 $1,750,000 $919 326 $1,950,000 10/12/17
1903 Redondela Drive 4/3 1876 7163 $1,020,000 $544 32 $1,050,000 08/02/18
29866 Knoll View Drive 4/3 3064 13661 $1,650,000 $539 159 $1,720,000 03/28/18
3 Flying Mane Lane 4/5 3452 63794 $3,999,000 $1,158 132 $4,475,000 04/24/18
30168 Avenida Tranquila 5/3 3633 13646 $1,980,000 $545 58 $2,169,000 07/07/18
4057 Via Valmonte 4/5 2797 9292 $2,086,000 $746 24 $2,186,000 08/10/18

 

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