1621 Espinosa Circle, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 3 bed, 2 bath

1621 Espinosa Circle, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$2,000,000$2,037/sqft
Est. Value: $1,520,370
-23%
AboveEstimate
1621 Espinosa Circle, Palos Verdes Estates, California 90274
3Beds
2Baths
2,037Sqft
5,932Lot

Price Vs. Estimate

The estimated value ($1,520,370.01) is $479,629.99 (23%) lower than the list price ($2,000,000). This property may be overpriced.

Key pros and cons

Top Pros:
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).
Top Cons:
Property Age: Built in 1955, despite updates, the underlying structure and some systems may be older, potentially requiring more maintenance or lacking modern efficiencies.

Compared to the nearby listings

Price:$2.00M vs avg $2.53M ($-534,000)22%
Size:2,037 sqft vs avg 2,880 sqft23%
Price/sqft:$982 vs avg $97850%

More Insights

Built in 1955 (71 years old).
Condition: Built in 1955, this property has undergone significant 'tasteful' and 'beautiful' updates, making it move-in ready. The kitchen features granite countertops, stainless steel appliances, and under-cabinet lighting, presenting a modern and functional space. The bathroom is also updated with a contemporary vanity, countertop, and tiling. The interior boasts sand-colored oak wood flooring and designer paint, indicating recent cosmetic improvements. While the underlying structure is older, the visible components are well-maintained and updated, aligning with the 'Good' criteria for a property extensively renovated within the last 5-15 years with no immediate renovation required.
Year Built
1955
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$982
HOA
-
Days on market
-
Sold On
-
MLS number
PV25103604
Home ConditionGood
Features
Good View: Ocean, Peek-A-Boo
Patio
ViewOcean, Peek-A-Boo

About this home

Welcome to this beautifully updated Lunada Bay gem, ideally situated in one of the most sought-after neighborhoods on the Palos Verdes Peninsula. Thoughtfully maintained and full of character, this home offers an exceptional blend of comfort, coastal charm, and everyday functionality. Step inside to discover a warm and inviting interior, featuring sand-colored oak wood flooring, designer paint, and expansive windows that bathe the home in natural light. The spacious living and dining area is anchored by a cozy fireplace and showcases peek-a-boo ocean views, creating a relaxing atmosphere that’s perfect for both everyday living and entertaining. The kitchen has been tastefully updated with granite countertops, stainless steel appliances, and under-cabinet lighting, ideal for the home chef. Just off the entry, a lushly landscaped and private front patio offers a serene setting for al-fresco dining, reading, or gathering with friends. This versatile layout features two generously sized bedrooms and a full bathroom upstairs. Downstairs, you’ll find a large family room, a third bedroom, and a second bathroom, perfect for guests, a home office, or multigenerational living. The family room opens to a patio that leads to a large, grassy backyard with raised flower beds, perfect for gardening, relaxing, or play. Additional highlights include a detached two-car garage, a long paver driveway, and a prime lot that offers privacy and plenty of sunlight throughout the day. Located near top-rated schools, including Lunada Bay Elementary, Palos Verdes Intermediate, and Palos Verdes High. This home is the ideal setting for those seeking a tranquil lifestyle with convenient access to parks, schools, and the coast. Don’t miss the opportunity to make this exceptional home yours!

C
Cameron Stearns
Listing Agent

Nearby schools

9/10
Vista Grande Elementary School
Public,K-50.9mi
10/10
Montemalaga Elementary School
Public,K-51.0mi
7/10
Lunada Bay Elementary School
Public,K-51.2mi
9/10
Silver Spur Elementary School
Public,K-51.9mi
9/10
Point Vicente Elementary School
Public,K-51.9mi
9/10
Palos Verdes Intermediate School
Public,6-80.6mi
9/10
Ridgecrest Intermediate School
Public,6-82.1mi
8/10
Palos Verdes High School
Public,9-120.7mi
10/10
Palos Verdes Peninsula High School
Public,9-122.0mi

Price History

Date
Event
Price
07/01/99
Sold
$229,000
06/17/94
Sold
$450,000
Condition Rating
Good

Built in 1955, this property has undergone significant 'tasteful' and 'beautiful' updates, making it move-in ready. The kitchen features granite countertops, stainless steel appliances, and under-cabinet lighting, presenting a modern and functional space. The bathroom is also updated with a contemporary vanity, countertop, and tiling. The interior boasts sand-colored oak wood flooring and designer paint, indicating recent cosmetic improvements. While the underlying structure is older, the visible components are well-maintained and updated, aligning with the 'Good' criteria for a property extensively renovated within the last 5-15 years with no immediate renovation required.
Pros & Cons

Pros

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: Ideally situated in one of the most sought-after neighborhoods on the Palos Verdes Peninsula, offering a tranquil lifestyle with convenient access to top-rated schools, parks, and the coast.
Tastefully Updated Interior: The home features sand-colored oak wood flooring, designer paint, and expansive windows that provide abundant natural light, creating a warm and inviting atmosphere.
Updated Kitchen: The kitchen has been tastefully updated with granite countertops, stainless steel appliances, and under-cabinet lighting, appealing to the home chef.
Versatile Floor Plan: A functional two-level layout with two bedrooms upstairs and a large family room, third bedroom, and second bathroom downstairs, ideal for guests, a home office, or multigenerational living.
Desirable Outdoor Spaces: Includes a lushly landscaped private front patio for al-fresco dining and a large, grassy backyard with raised flower beds, perfect for relaxation and play.

Cons

Property Age: Built in 1955, despite updates, the underlying structure and some systems may be older, potentially requiring more maintenance or lacking modern efficiencies.
Limited Ocean Views: The property offers 'peek-a-boo ocean views,' which are not expansive panoramic views, potentially limiting its appeal to buyers seeking significant ocean vistas.
Smaller Lot Size: With a lot size of 5,932 sqft, it is on the smaller side compared to some other properties in the desirable Palos Verdes Estates area, which might limit outdoor expansion possibilities.
Browse Properties by State Browse housing market trends by state