1115 Palos Verdes Drive West, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 4 bed, 3 bath

1115 Palos Verdes Drive West, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$8,950,000
1115 Palos Verdes Drive West, Palos Verdes Estates, California 90274
4Beds
3Baths
2,866Sqft
20,627Lot
Year Built
1952
Close
-
List price
$8.95M
Original List price
$8.95M
Price/Sqft
$3,123
HOA
-
Days on market
-
Sold On
-
MLS number
PV25050513
Home ConditionExcellent
Features
Excellent View: Bay, Bluff, City Lights, Coastline, Ocean, Panoramic, Water
Spa
Patio
ViewBay,Bluff,City Lights,Coastline,Ocean,Panoramic,Water

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,6 Pros. Rank: price - $8.95M(96th), sqft - 2866(52th), beds - 4(50th), baths - 3(50th).

Perched atop the bluff in prestigious Palos Verdes Estates, this exquisite one-level, fully furnished 4-bedroom, 3-bathroom home showcases breathtaking, unobstructed 180-degree ocean views. Experience year-round sunsets and the natural beauty of the coastline from your doorstep, where seamless indoor-outdoor living fosters a peaceful retreat. Step into a thoughtfully designed living space filled with natural light from overhead skylights and sweeping ocean views through expansive sliding glass doors. Relax by the large wood-burning fireplace in the living room or entertain effortlessly in the remodeled kitchen, featuring premium appliances, including an oversized Dacor range, Sub-Zero refrigerator, and a spacious kitchen island. A water-softening filtration system and reverse osmosis provide pristine drinking water. The home's well-planned split layout offers two bedrooms on each side, with every bathroom outfitted with electronic Toto washlets for enhanced comfort. The secluded primary suite boasts breathtaking coastline views and a spa-inspired bathroom with dual sinks, a separate vanity, a soaking tub, and a generous shower. Wake up to the rhythmic sound of waves and enjoy your morning coffee on the patio while watching surfers below. The beautifully landscaped backyard features multiple terraced seating areas, a rejuvenating HotSpring spa, and a Lujo hammock perfectly positioned along the bluff's edge. With direct access to oceanfront pet-friendly hiking trails, you can explore scenic coastal paths leading to pristine beaches, ideal for surfing, kayaking, fishing, or biking along the coastline. This exceptional bluffside residence ensures remarkable seclusion, with no neighbors facing south or southwest; only one neighbor to the north with no sightline concerns. Situated in an excellent school district, the home is just 10 minutes from Redondo Beach, 20 minutes from Manhattan Beach, and 30 minutes from LAX. Enjoy close proximity to world-class golf courses, the luxurious Terranea Resort, and a close-knit community with prestige and appeal. Don't miss this rare opportunity to own a spectacular bluff estate.

Price History

Date
Event
Price
12/07/21
Sold
$4,565,000
04/07/99
Sold
$965,000
Condition Rating
Excellent

Despite being built in 1952, the property boasts a recently remodeled kitchen with premium appliances (Dacor range, Sub-Zero refrigerator) and a spacious island, indicating a high-end, modern update. All bathrooms are outfitted with electronic Toto washlets, and the primary suite features a spa-inspired bathroom with dual sinks, a soaking tub, and a generous shower. These features, along with skylights and expansive sliding glass doors, suggest extensive, high-quality renovations that bring the property to current luxury standards, making it virtually new in terms of finishes and functionality. The absence of central cooling is a feature omission, not a condition issue of existing systems.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20627, living area = 2866.
Panoramic Ocean Views: Offers breathtaking, unobstructed 180-degree ocean views, year-round sunsets, and coastline beauty, significantly enhancing its appeal and value.
Prime Blufftop Location & Privacy: Perched atop a prestigious bluff in Palos Verdes Estates, providing remarkable seclusion with no direct neighbors to the south or southwest.
High-End Remodeled Kitchen: Features a thoughtfully remodeled kitchen with premium appliances, including an oversized Dacor range, Sub-Zero refrigerator, and a spacious island.
Luxurious Outdoor Living & Access: Boasts a beautifully landscaped backyard with terraced seating, a HotSpring spa, and direct access to oceanfront pet-friendly hiking trails and beaches.
Desirable Community & Schools: Situated in an excellent school district with close proximity to world-class golf courses, the Terranea Resort, and a prestigious community.

Cons

Older Construction: Built in 1952, the property's age, despite remodels, may imply potential for older infrastructure or higher maintenance compared to newer builds.
Potential Overpricing: The listing price of $8.95M is notably higher than the estimated value of $8.64M, and a comparable, newer property in the area is listed for less.
Absence of Central Cooling: The description does not mention a central air conditioning system, which could be a significant drawback for comfort during warmer months in a luxury home.

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