15 Margate Square, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 3 bed, 2 bath
15 Margate Square
Palos Verdes Estates, California 90274
Property Price
SUMMARY
Analysis of 15 Margate Square, Palos Verdes Estates, California 90274 reveals a property with a current list price of $2,295,000, which is 11% above the estimated $2,059,131 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Palos Verdes Estates Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15 Margate Square Subject | $2,295,000* List Price | 3 | 2 | 1,630 | $1,263 | - |
A 2541 Via Carrillo Sold | $1,800,000 | 3 | 2 | 1,428 | $1,261 | 0.7 mi |
B 417 Avenida Mirola Sold | $1,950,000 | 3 | 2 | 1,819 | $1,072 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1962 mid-century modern home is in move-in ready condition, featuring recently remodeled bathrooms and updated central A/C. The interior showcases high-quality materials like hand-crafted wood paneling and teak cabinetry that have been exceptionally well-maintained. While the architectural style is vintage, the property shows minimal wear and tear with functional modern systems and high-end finishes, fitting the 'good' criteria for a well-maintained home with significant recent updates.
PROSSTRENGTHS & OPPORTUNITIES
- 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).
- Unique Architectural Design
This Japanese-inspired mid-century modern home features authentic materials like hand-crafted wood paneling, shoji doors, and teak cabinetry, offering a rare and artistic living experience.
- Exceptional Location
Situated on a quiet cul-de-sac in Lower Lunada Bay, the property is within walking distance of top-rated schools and scenic oceanfront trails, providing a premium coastal lifestyle.
CONSRISKS & DEFICIENCIES
- Compact Living Space
With 1,630 square feet of living space and a lot size under 5,000 square feet, the property is relatively small for the $2.295M price point in Palos Verdes Estates.
- Niche Market Appeal
The highly specific Japanese-inspired aesthetic and mid-century layout may limit the pool of potential buyers compared to more conventional contemporary homes.
About 15 Margate Square
Tucked behind a grove of Canary Island pine trees, on a quiet Lower Lunada Bay cul-de-sac sits a peaceful sanctuary: a Japanese-inspired, mid-century modern architectural treasure. Hand-crafted wood paneling and authentic Japanese plaster walls create texture and warmth. Open beamed ceilings and oversized glass windows and doors frame lush garden views, while inviting the outdoors in. At the heart of the L-shaped design, a spacious redwood deck with pergola overlooks the serene Japanese garden. Custom details like shoji closet doors and teak cabinetry blend thoughtfully with modern comforts like central A/C and recently remodeled bathrooms. Enjoy close proximity to award-winning Palos Verdes schools, scenic oceanfront trails, and the iconic Lunada Bay coastline. And come home to your own private enclave, a poetic ode to artistry, nature, and timeless design.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 4,979 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palos Verdes Estates Unified Schools
Lunada Bay Elementary School
Grades K-5 • 1.0 mi
Vista Grande Elementary School
Grades K-5 • 1.0 mi
Montemalaga Elementary School
Grades K-5 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 26% |
| Baths | 2.0 | 3.0 | 24% |
| Square foot | 1,630 | 2,887 | 5% |
| Lot Size | 4,979 | 14,789 | 1% |
| Price | $2.29M | $2.50M | 38% |
| Price per sq ft | $1.4K | $955 | 95% |
| Built year | 1962 | 1962 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 187 | 1% |
Pricing History
Listed for Sale
Mar 2, 2026
$2,295,000
Initial Listing
Sold
Apr 19, 2021
$1,775,000
Public Record
Sold
Apr 16, 2021
$1,775,000
Public Record
Sold
Aug 8, 2018
$1,450,000
Public Record