
Palos Verdes Estates, California 90274
This Luxury Ocean-View Estate represents a Strong Value Opportunity, listed at $7,450,000—positioned well below the $7,950,173 Fair Market Value by 6%. This valuation gap provides $500,173 in Instant Equity. Featuring a Condition Rating of 4, the home offers a championship tennis court, saltwater pool, and panoramic ocean views. Located in the prestigious Palos Verdes Peninsula Unified district with top-rated schools, this property is an ideal acquisition for discerning homeowners or luxury investors seeking a legacy asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1502 Paseo La Cresta Subject | $7,450,000* List Price | 6 | 6 | 7,556 | $998 | - |
A 1409 Via Arco Active | $5,995,000 List Price | 5 | 7 | 6,584 | $911 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the property is 26 years old and appears to retain most of its original high-end finishes. While meticulously maintained and functional, the kitchen and bathrooms (featuring green marble and heavy dark wood cabinetry) are stylistically dated, fitting the criteria for homes over 20 years old needing cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31236, living area = 7556.
Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The estate features a championship tennis court, saltwater pool, and expansive outdoor entertaining areas on a rare 31,000+ sqft lot, offering a true luxury lifestyle.
Built in 2000, the traditional interior aesthetic with heavy wood and ornate finishes may require modernization to suit contemporary buyer preferences for lighter designs.
The extensive grounds, including the tennis court, saltwater pool, and mature gardens, necessitate significant ongoing upkeep and utility expenses.
In Montemalaga's most prestigious enclave, where true wealth is measured by elegance & enduring quality, this ocean-view tennis estate stands as a testament to timeless grandeur. Behind private gates, a sweeping drive leads to a supreme masterpiece. Step into the grand foyer - framed by a double spiral staircase and domed skylight - sets the tone for a home built with precision and artistry. The formal living room, with its luxuriant wood floors, soaring windows framing the Pacific, and an ornately carved fireplace, exudes refinement. A formal dining room, anchored by a cozy fireplace, showcases thick moldings, stone flooring & built-in cabinetry -designed to entertain with grace. The kitchen is a chef's sanctuary, centered around a commanding island and include a casual dining area. Every element, from the oversized Sub-Zero refrigerator to the Viking range and trio of Thermador ovens, speaks to a commitment to excellence. A sunlit breakfast room opens to the backyard, while the adjacent family room offers seamless access to a fire pit lounge and an outdoor BBQ and bar. A main floor guest suite ensures visitors experience both hospitality and seclusion. ON THE UPPER LEVEL, the primary suite is an opulent sanctuary, boasting breathtaking ocean views, a grand fireplace, private balcony, a Hollywood-inspired closet, and an adjoining office/bedroom suite. The spa-like bath features a deep soaking tub & steam sauna shower. Additional bedrooms, each impeccably appointed, provide comfort without ostentation. For the true connoisseur of leisure, the estate offers an entertainment room with a wet bar, coffered ceiling & a concealed drop-down screen, all framed by sweeping ocean vistas. A wine room, adorned with rich wood cabinets, paneling and a pool table, offers the perfect setting to savor the finest vintages. Outdoors, resort-like amenities abound: a saltwater pool & spa, multiple lounge areas, fireplace, heat lamps & fountain, and an outdoor BBQ/bar/dining area unfold in effortless sophistication. The championship tennis court, recently resurfaced, features a viewing terrace against an endless ocean horizon. Winding, lighted pathways lead through hidden vegetable gardens, offering a quiet homage to a life well-lived. With rich wood floors, handcrafted cabinetry, 6 fireplaces, arched doorways & intricate stonework, this estate is a statement of timeless grandeura rare opportunity to own a true legacy of refinement and grace.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 6.0 | 3.5 |
| Square foot | 7,556 | 2,761 |
| Lot Size | 31,236 | 10,706.5 |
| Price | $7.45M | $3.02M |
| Price per sq ft | $986 | $1.0K |
| Built year | 2000 | 1957 |
| HOA | $0 | $0 |
| Days on market | 47 | 61 |
Jun 5, 2026
$7,450,000
Initial Listing
Dec 28, 2001
$1,250,000
Public Record
Mar 1, 2001
$4,600,000
Public Record