1 Thyme, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 5 bed, 4 bath
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Rancho Palos Verdes, California 90275
This High-Potential Investment Opportunity is listed at a List Price of $1,200,000, which aligns with the $1,200,000 Fair Market Value. Featuring Panoramic Ocean Views, a 9.02KW Enphase solar system, and a versatile multi-unit layout, this estate offers significant infrastructure for off-grid living. Given the Poor Condition Rating due to active land movement and disconnected public utilities, this asset requires a specialized buyer. It is an ideal acquisition for Cash-Ready Investors or Risk-Tolerant Developers capable of navigating complex geological and utility challenges.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Thyme Subject | $1,200,000* List Price | 5 | 4 | 2,000 | $600 | - |
A 34 Sweetbay Active | $1,095,000 List Price | 3 | 2 | 1,867 | $587 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the property features high-end amenities such as Subzero and Wolf appliances and a sophisticated off-grid solar/generator system, it is situated in an area with active land movement that has already resulted in the disconnection of public gas and electric services. These significant defects regarding safety, utility access, and structural soundness align with the criteria for a poor condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33742, living area = 2000.
The property offers breathtaking, unobstructed views of the Pacific Ocean, Catalina Island, and the coastline from nearly every room, providing a premium coastal living experience.
Equipped with a 9.02KW Enphase solar system, integrated generator, and propane setup, the home is fully prepared for self-sufficient living despite local utility challenges.
Situated in a known landslide zone, the property is actively impacted by land movement, which presents significant risks to structural stability and long-term value.
Southern California Edison and gas services have been disconnected for over a year, necessitating total reliance on private power systems and alternative fuel sources.
BOM and showing will be only after providing bank statement showing the cash for purchase. Gated estate with breathtaking VIEWS in the equestrian community of Portuguese Bend in Rancho Palos Verdes. Situated on a Cul-de-Sac street of only 5 homes. This property boast captivating, panoramic and unobstructed views of the Pacific Ocean, Catalina Island a the Coastline. It is in close proximity to the Terranea Resort and Trump National Golf Club and Portuguese Bend Riding Club. A private automatic gate opens to a private ,enclosed, front yard with sitting area… Upon entering the home, you’ll be immediately fascinated by the ocean views ! Main house has 3 bedrooms 2 baths, kitchen with Subzero 48 Pro refrigerator, Wolf stove, middle island...Attached, but with separate entry is a Studio with its own bathroom. Unbelievable views grace all rooms, including a separate Guest house with its own bathroom. There is also built-in chicken coop, huge storage shad and workshop. The house boasts 5-ton unit AC ,recess lighting, a wet bar, 9.02KW Enphase solar system (420 watt solar panels, each panel has its own inverter), 2.0 generator integrated in solar system. 250 Gallon propane tank, 3 tankless water heaters. Property is located in the neighborhood affected by land movement and impacted by it…..for latest landslide updates ,visit: RPVCA.GOV/LANDMOVEMENT. Photos here are prior the land movement, to see the damage, open the Supplemental photos... Gas and SCE company disconnected servis for this area about year & half ago, now all is working by solar, generator, butan tank.... This is probably the most beautiful piece of land in Portuguese bend ,providing privacy and breathtaking views !
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,000 | 2,320.5 |
| Lot Size | 33,742 | 10,823.5 |
| Price | $1.20M | $1.90M |
| Price per sq ft | $600 | $799 |
| Built year | 1950 | 1963 |
| HOA | $1150.0 | $700 |
| Days on market | 294 | 57 |
Mar 17, 2026
$1,200,000
$1,500,000
-20% Price Drop
Initial Listing
Feb 5, 2026
$1,500,000
$1,100,000
+36% Price Increase
Initial Listing
Dec 5, 2025
$1,100,000
$1,425,000
-23% Price Drop
Initial Listing
Oct 1, 2025
$1,425,000
Initial Listing
Jan 30, 2009
$1,200,000
Public Record
Nov 22, 1995
$505,000
Public Record