1736 Paseo Del Mar, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 5 bed, 4 bath

1736 Paseo Del Mar, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$5,459,000
1736 Paseo Del Mar, Palos Verdes Estates, California 90274
5Beds
4Baths
4,363Sqft
10,635Lot
Year Built
2023
Close
-
List price
$5.46M
Original List price
$5.89M
Price/Sqft
$1,251
HOA
-
Days on market
-
Sold On
-
MLS number
PV25014217
Home ConditionExcellent
Features
Good View: Ocean
Patio
ViewOcean

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $5.46M(93th), sqft - 4363(87th), beds - 5(78th), baths - 4(56th).

New homes or extensively remodeled homes are almost impossible to find in Palos Verdes Estates due to the lengthy, difficult permit/building process. Here is your chance to turn the key and move right in to a home where an over two million dollar remodel was just completed. Nestled on one of the most prestigious and sought after street on the Peninsula "Paseo Del Mar", this stunning residence epitomizes collaborative excellence at its finest. Every detail of this magnificent estate reflects a level of craftsmanship and artistry that is unmatched. From the meticulously crafted cabinets to the lavish tile and stone finishes, the interior exudes a bespoke luxury that is both tasteful and opulent. The seamless integration of indoor and outdoor spaces is achieved through expansive walls of glass, offering breathtaking ocean views and refreshing sea breezes from private patios. Upon arrival, guests are greeted by the grandeur of a sweeping circular driveway leading to a serene water feature and spacious patio, setting the stage for the elegance that awaits within. At the heart of the home lies the culinary haven of an elegant kitchen, seamlessly connected to the family room and sprawling backyard with a tranquil waterfall feature. The formal dining room is adorned with a stunning Jamie Young chandelier, while the great room, boasting a wet bar and striking fireplace, extends gracefully to the patio, ideal for entertaining guests. The primary suite is a luxurious sanctuary with ocean vistas, a private patio, and an expansive bath leading to a dream walk-in closet. Three additional bedrooms, each with patio access, grace the upper level, while a fifth bedroom or office is conveniently situated downstairs. A versatile 507-square-foot bonus room offers endless possibilities and can easily be converted into an exceptional ADU (Accessory Dwelling Unit). Additionally, a discreet 252-square-foot wine room area caters to the connoisseur's palate. Practicality meets luxury with three-car garage and an additional parking space accessible via a convenient alley behind the residence. Meticulously reimagined from its foundation upward, this home showcases the pinnacle of luxury living with the finest materials and craftsmanship, making it a true masterpiece. Room for pool/spa by backyard or keep the spacious lawn and patio area. The City of PVE offers the Palos Verdes Golf & Tennis Club and Palos Verdes Beach & Athletic Club with pool for residents to join and enjoy!

Nearby schools

7/10
Lunada Bay Elementary School
Public,K-51.0mi
9/10
Vista Grande Elementary School
Public,K-51.3mi
10/10
Montemalaga Elementary School
Public,K-51.6mi
9/10
Point Vicente Elementary School
Public,K-51.9mi
9/10
Silver Spur Elementary School
Public,K-52.6mi
9/10
Palos Verdes Intermediate School
Public,6-80.6mi
9/10
Ridgecrest Intermediate School
Public,6-82.6mi
8/10
Palos Verdes High School
Public,9-120.1mi
10/10
Palos Verdes Peninsula High School
Public,9-122.7mi

Price History

Date
Event
Price
08/24/21
Sold
$2,800,000
02/12/99
Sold
$1,040,000
Condition Rating
Excellent

The property was built in 2023 and underwent a recent multi-million dollar remodel. The description highlights high-end finishes, a modern kitchen, and luxurious bathrooms. The image confirms a contemporary design and high-quality materials, indicating a property in excellent condition.
Pros & Cons

Pros

Extensive Remodel/New Construction Equivalent: The property benefits from a recent, multi-million dollar remodel, essentially offering a new home experience without the typical permitting challenges in Palos Verdes Estates.
Prime Location: Situated on Paseo Del Mar, one of the most prestigious streets in Palos Verdes Estates, offering desirability and potential for appreciation.
Ocean Views: Breathtaking ocean views are present throughout the home, enhancing the living experience and property value.
High-End Finishes and Craftsmanship: The home features meticulously crafted cabinets, lavish tile and stone finishes, and high-end fixtures, reflecting a bespoke luxury.
Versatile Bonus Room/ADU Potential: The 507-square-foot bonus room offers flexibility and the potential to be converted into an Accessory Dwelling Unit (ADU), adding value and functionality.

Cons

High List Price: The list price of $5,459,000 may be a barrier for some buyers, requiring careful consideration of market comparables and perceived value.
HOA Dues: HOA dues are not mentioned, which could be a hidden cost for potential buyers. This needs to be clarified.
Reduced List Price: The property has already had a price reduction from $5,888,000 to $5,459,000, which may indicate initial overpricing or market resistance.

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