1336 Palos Verdes Drive, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 5 bed, 4 bath

1336 Palos Verdes Drive, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$4,768,888
1336 Palos Verdes Drive, Palos Verdes Estates, California 90274
5Beds
4Baths
3,919Sqft
19,115Lot

Price Vs. Estimate

The estimated value ($4,341,054.13) is $427,833.87 (8%) lower than the list price ($4,768,888). This property may be overpriced.

Key pros and cons

Top 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 = 19115, living area = 3919.
Top Cons:
Significant Price Reduction: The property has undergone a substantial $620,000 reduction from its original list price, which may indicate initial overpricing or challenges in attracting buyers.

Compared to the nearby listings

Price:$4.77M vs avg $2.53M (+$2,234,888)90%
Size:3,919 sqft vs avg 2,830.5 sqft82%
Price/sqft:$1.2K vs avg $98781%

More Insights

Built in 2017 (8 years old).
Condition: This Modern Spanish home was built in 2017, making it a very recent construction. The description explicitly details a 'state-of-the-art kitchen' with premium Sub-Zero, Wolf, and Bosch appliances, gleaming quartz counters, and custom cabinetry. The primary suite features a 'spa bath.' These elements, combined with the property's young age, indicate that all components are new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
Year Built
2017
Close
-
List price
$4.77M
Original List price
$5.39M
Price/Sqft
$1,217
HOA
-
Days on market
-
Sold On
-
MLS number
24473301
Home ConditionExcellent
Features
Good View: Bay, Coastline, Mountain(s), Peek-A-Boo
Deck
Patio
ViewBay, Coastline, Mountain(s), Peek-A-Boo

About this home

Reduced $620k from original list price! This rare and remarkable Modern Spanish home in the heart of Palos Verdes Estates' sought-after lower Lunada Bay community combines a light-filled floor plan with spacious grounds highlighted by partial Pacific Ocean, Queen's Necklace, and pastoral views. The phenomenal frontage is set behind hedges and is accentuated by a smooth stucco facade, wrought-iron driveway gate, and a solid wood single lite glass front door opening to the dramatic 2-story foyer. The great room incorporates a large living area illuminated by tons of windows and warmed by a gas fireplace flanked by built-in bookcases with the state-of-the-art kitchen featuring a grand center island, stainless Sub-Zero, Wolf, and Bosch appliances, gleaming quartz counters, and custom cabinetry. The adjacent formal dining room features a Capiz chandelier and opens directly on to a covered patio for large gatherings or dining al-fresco. A downstairs bedroom, full bath, and separate family room complete the lower level. Upstairs, discover the laundry room along with 4 more bedrooms including the primary suite offering a balcony to enjoy the serene views, large walk-in closet with wall-to-wall storage, sleek fireplace, and spa bath. Outside, rolling lawns and stone paths meander the nearly 1/2 acre site featuring a large upper tier area with plenty of room for a pool, batting cage, or sports court. A 2-car detached garage and an adjoining studio that could function as a gym/office/storage room add even more utility. Explore for yourself this unique offering minutes from South Bay's award-winning schools, fine dining, shopping and exclusive "residents only" Beach and Athletic Club. Truly, a treat for those who "want it all."

Nearby schools

10/10
Montemalaga Elementary School
Public,K-51.0mi
9/10
Vista Grande Elementary School
Public,K-51.1mi
7/10
Lunada Bay Elementary School
Public,K-51.3mi
9/10
Silver Spur Elementary School
Public,K-52.0mi
9/10
Point Vicente Elementary School
Public,K-52.1mi
9/10
Palos Verdes Intermediate School
Public,6-80.7mi
9/10
Ridgecrest Intermediate School
Public,6-82.3mi
8/10
Palos Verdes High School
Public,9-120.6mi
10/10
Palos Verdes Peninsula High School
Public,9-122.2mi

Price History

Date
Event
Price
08/26/19
Sold
$3,499,000
10/16/08
Sold
$975,000
Condition Rating
Excellent

This Modern Spanish home was built in 2017, making it a very recent construction. The description explicitly details a 'state-of-the-art kitchen' with premium Sub-Zero, Wolf, and Bosch appliances, gleaming quartz counters, and custom cabinetry. The primary suite features a 'spa bath.' These elements, combined with the property's young age, indicate that all components are new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
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 = 19115, living area = 3919.
Great Schools: Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Prime Lunada Bay Location: Situated in the highly sought-after lower Lunada Bay community, offering excellent proximity to South Bay's award-winning schools, fine dining, shopping, and exclusive 'residents only' Beach and Athletic Club.
Modern Construction & Design: A rare and remarkable Modern Spanish home built in 2017, featuring a light-filled floor plan, dramatic 2-story foyer, and high-quality finishes throughout.
Gourmet Kitchen with Premium Appliances: Equipped with a state-of-the-art kitchen, grand center island, stainless Sub-Zero, Wolf, and Bosch appliances, gleaming quartz counters, and custom cabinetry.
Expansive & Versatile Grounds: Nearly a half-acre lot with rolling lawns and stone paths, including a large upper tier area offering significant potential for a pool, sports court, or other custom amenities.
Functional Layout & Additional Spaces: Features a well-designed floor plan with a convenient downstairs bedroom and full bath, a separate family room, and a detached studio that can function as a gym, office, or storage.

Cons

Significant Price Reduction: The property has undergone a substantial $620,000 reduction from its original list price, which may indicate initial overpricing or challenges in attracting buyers.
Limited Ocean Views: While views are present, they are described as 'partial' and 'peek-a-boo' of the Pacific Ocean and Queen's Necklace, which may not satisfy buyers seeking expansive, unobstructed panoramic ocean views.
Undeveloped Outdoor Amenities: Despite the large lot offering 'plenty of room for a pool, batting cage, or sports court,' these high-value outdoor features are not currently built, requiring significant additional investment and planning for a new owner.

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