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1501 Via Coronel, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 6 bed, 6 bath

1501 Via Coronel, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$4,775,000
1501 Via Coronel, Palos Verdes Estates, California 90274
6Beds
6Baths
6,076Sqft
39,283Lot
Year Built
1979
Close
-
List price
$4.78M
Original List price
$5.9M
Price/Sqft
$786
HOA
-
Days on market
-
Sold On
-
MLS number
SB24184470
Home ConditionPoor
Features
Excellent View: Bay, Coastline, Ocean, Panoramic, Water
Pool
Spa
Patio
ViewBay, Coastline, Ocean, Panoramic, Water

About this home

We found 3 Cons,7 Pros. Rank: price - $4.78M(90th), sqft - 6076(96th), beds - 6(94th), baths - 6(93th).

Views Created for a Visionary • Views that lower your blood pressure • 39K+ sf lot secure far from any street activity • Current 6000+ sf home, tennis court, pool and spa Have you dreamed of developing a private compound with expansive ocean views and a unique blend of luxury, privacy, and natural beauty? Strategic PVE location lots like 1501 via Coronel rarely come to market. This property provides a serene escape allowing estate owners to enjoy breathtaking vistas that stretch over 180 degrees, capturing the endless horizon of the ocean. These commanding views not only enhance the aesthetic appeal of the property but also offer a sense of tranquility and exclusivity, making it an ideal retreat for those seeking a resort lifestyle. In addition to the spacious 6,000+ sq ft home, current amenities include a pool, spa, tennis (or pickleball) court, and a grassy yard which further elevate the allure of the property. These features cater to relaxation and recreation, offering a comprehensive lifestyle package that is perfect for entertaining guests and enjoying family time.

Nearby schools

10/10
Montemalaga Elementary School
Public,•K-5•0.5mi
9/10
Vista Grande Elementary School
Public,•K-5•1.0mi
9/10
Silver Spur Elementary School
Public,•K-5•1.1mi
7/10
Lunada Bay Elementary School
Public,•K-5•1.7mi
9/10
Palos Verdes Intermediate School
Public,•6-8•1.1mi
9/10
Ridgecrest Intermediate School
Public,•6-8•1.5mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•1.2mi
8/10
Palos Verdes High School
Public,•9-12•1.5mi

Price History

Date
Event
Price
04/29/71
Sold
$25,000
Condition Rating
Poor
Built in 1979, the property's interior, including the kitchen and bathrooms, is significantly outdated with features like white tile countertops, older appliances, brass hardware, and extensive carpeting. The listing description itself notes that the existing residence 'may require significant modernization or renovation,' indicating a need for substantial rehabilitation rather than minor updates. While the structure appears sound, the aesthetic and functional obsolescence of major interior components places it in the 'poor' condition category, where substantial investment is needed to bring it to current standards.
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 = 39283, living area = 6076.
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).
Panoramic Ocean Views: The property boasts breathtaking vistas that stretch over 180 degrees, capturing the endless horizon of the ocean, enhancing its aesthetic appeal and tranquility.
Expansive & Private Lot: A substantial 39,000+ sq ft lot provides exceptional privacy, secured far from street activity, ideal for a secluded estate.
Luxury Recreational Amenities: Current amenities include a pool, spa, and a tennis (or pickleball) court, offering a comprehensive resort-like lifestyle package.
Prestigious Location: Situated in Palos Verdes Estates, a strategic and highly desirable area known for its exclusivity and luxury properties.
Development Potential: Marketed for 'visionaries' to develop a 'private compound,' indicating significant potential for customization, expansion, or new construction.

Cons

Significant Price Reduction: The list price has seen a substantial reduction from $5.9M to $4.775M, which may suggest previous overpricing or market challenges.
Potential for Dated Interior: Built in 1979, the description emphasizes the lot and amenities over the home's interior, implying the existing 6,000+ sq ft residence may require significant modernization or renovation.
High Maintenance Demands: The expansive lot, large home, and extensive amenities (pool, spa, tennis court) will likely incur considerable ongoing maintenance and operational costs.

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