1217 Granvia Altamira, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 5 bed, 6 bath

1217 Granvia Altamira, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$5,199,000
1217 Granvia Altamira, Palos Verdes Estates, California 90274
5Beds
6Baths
5,552Sqft
14,857Lot

Price Vs. Estimate

The estimated value ($4,838,605.27) is $360,394.73 (6%) lower than the list price ($5,199,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modern & Luxurious Construction: Built in 2016, this elegant estate features voluminous rooms, rich hardwood floors, high ceilings, and an expansive kitchen with a large center island, offering contemporary comfort and style.
Top Cons:
Recent Price Reduction: The property has seen a significant price reduction from its original list price ($5.499M to $5.199M), which may indicate initial overpricing or a need to stimulate buyer interest.

Compared to the nearby listings

Price:$5.20M vs avg $2.53M (+$2,665,000)93%
Size:5,552 sqft vs avg 2,830.5 sqft93%
Price/sqft:$936 vs avg $98040%

More Insights

Built in 2016 (9 years old).
Condition: Built in 2016, this property is only 8 years old, fitting the 'Excellent' criteria for age. The description and images confirm a high-quality, well-maintained home with modern features. The kitchen boasts stainless steel appliances, a large island, and appears in excellent condition. While the cabinetry style is traditional, it is high-end and well-preserved. The primary bathroom is described as 'lavish,' indicating superior quality. Hardwood floors, recessed lighting, air-conditioning, tankless water heaters, and an electric car charger all point to a property with virtually new components and no deferred maintenance.
Year Built
2016
Close
-
List price
$5.2M
Original List price
$5.5M
Price/Sqft
$936
HOA
-
Days on market
-
Sold On
-
MLS number
PV25076372
Home ConditionExcellent
Features
Deck
Patio
ViewNeighborhood

About this home

Built in 2016, this elegant estate will not disappoint! A gated courtyard provides an immediate sense of privacy. Once inside, voluminous rooms are highlighted by rich hardwood floors, high ceilings and French doors. The entry level lives like a one-level home with the 3 car garage leading to the living spaces and primary suite. The expansive kitchen with a large center island, stainless appliances opens to the beautiful family room. The adjacent living room and formal dining area are off the entry and lead to the handsome office with fireplace as well as 3 of the 5 bedrooms, including the luxurious primary suite complete with a lavish bathroom and walk-in closet. Downstairs, you’ll find two additional bedrooms, two bathrooms, another family room, a game room and a wine cellar. Outside, the covered patio overlooks a huge grassy play yard. Mature landscaping provides plenty of privacy. Some of the many amenities include two tankless water heaters, air-conditioning, 4 fireplaces, a security system, electric car charger and more. Centrally located close to schools, shopping and easy access ”off the Hill", this one's a winner!

Nearby schools

10/10
Montemalaga Elementary School
Public,K-50.5mi
9/10
Silver Spur Elementary School
Public,K-50.6mi
9/10
Vista Grande Elementary School
Public,K-51.4mi
7/10
Lunada Bay Elementary School
Public,K-52.3mi
9/10
Ridgecrest Intermediate School
Public,6-81.5mi
9/10
Palos Verdes Intermediate School
Public,6-81.7mi
10/10
Palos Verdes Peninsula High School
Public,9-120.9mi
8/10
Palos Verdes High School
Public,9-121.9mi

Price History

Date
Event
Price
10/21/25
Sold
$4,800,000
01/03/20
Sold
$3,175,000
10/20/17
Sold
$3,370,000
03/09/17
Sold
$2,655,000
07/05/13
Sold
$1,170,000
Condition Rating
Excellent

Built in 2016, this property is only 8 years old, fitting the 'Excellent' criteria for age. The description and images confirm a high-quality, well-maintained home with modern features. The kitchen boasts stainless steel appliances, a large island, and appears in excellent condition. While the cabinetry style is traditional, it is high-end and well-preserved. The primary bathroom is described as 'lavish,' indicating superior quality. Hardwood floors, recessed lighting, air-conditioning, tankless water heaters, and an electric car charger all point to a property with virtually new components and no deferred maintenance.
Pros & Cons

Pros

Modern & Luxurious Construction: Built in 2016, this elegant estate features voluminous rooms, rich hardwood floors, high ceilings, and an expansive kitchen with a large center island, offering contemporary comfort and style.
Comprehensive Amenities & Features: Equipped with premium amenities including two tankless water heaters, air-conditioning, 4 fireplaces, a security system, electric car charger, a game room, and a wine cellar, enhancing lifestyle and value.
Spacious & Functional Layout: A sprawling 5,552 sqft floor plan with 5 bedrooms and 6 bathrooms, designed for convenient living with a primary suite and main living areas on the entry level, plus extensive entertainment spaces downstairs.
Private Outdoor Oasis: Features a gated courtyard for privacy, mature landscaping, a huge grassy play yard, and a covered patio, ideal for outdoor enjoyment and entertaining.
Desirable Location & Accessibility: Centrally located in Palos Verdes Estates, offering proximity to schools, shopping, and convenient 'off the Hill' access, appealing to buyers seeking both prestige and practicality.

Cons

Recent Price Reduction: The property has seen a significant price reduction from its original list price ($5.499M to $5.199M), which may indicate initial overpricing or a need to stimulate buyer interest.
Limited Premium View: While the property has a view, it is specified as 'Neighborhood'. In Palos Verdes Estates, properties at this price point often command panoramic ocean or city views, making this a potential competitive disadvantage.
High-End Market Niche: Priced above $5 million, the property targets a very exclusive and limited buyer pool, which could potentially lead to a longer marketing period compared to properties in lower price segments.

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