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1808 Velez Drive, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 5 bed, 4 bath

1808 Velez Drive, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$1,998,000
1808 Velez Drive, Rancho Palos Verdes, California 90275
5Beds
4Baths
3,442Sqft
7,212Lot

Price Vs. Estimate

The estimated value ($1,998,000) is $0 (0%) lower than the list price ($1,998,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Top Cons:
Original Construction Year: Built in 1958, despite extensive modern upgrades, the underlying structure and some original components may still reflect its age, potentially leading to unforeseen maintenance or renovation costs not covered by the listed improvements.

Compared to the nearby listings

Price:$2.00M vs avg $1.90M (+$98,000)58%
Size:3,442 sqft vs avg 2,396 sqft85%
Price/sqft:$580 vs avg $7918%

More Insights

Built in 1958 (67 years old).
Condition: Despite being built in 1958, this property has undergone an extensive and cutting-edge renovation, bringing it to a virtually new condition. The description highlights a paid-for Tesla Solar Roof with Powerwall, new A/C systems, upgraded insulation, smart home integration, and luxury bathroom features like LED mirrors and bidets. The images confirm modern aesthetics with hardwood floors throughout, recessed lighting, a contemporary kitchen with stainless steel appliances and granite countertops, and updated bathrooms. All major systems and visible components appear new or recently updated, meeting current quality standards with no deferred maintenance.
Year Built
1958
Close
-
List price
$2M
Original List price
$2.1M
Price/Sqft
$580
HOA
-
Days on market
-
Sold On
-
MLS number
SB25186521
Home ConditionExcellent
Features
Good View: City Lights, Neighborhood
Patio
ViewCity Lights,Neighborhood

About this home

This extensively upgraded home blends modern efficiency, comfort, and cutting-edge technology. featuring: TESLA SOLAR ROOF WITH POWERWALL — WHOLE-HOUSE BATTERY BACKUP FOR COMPLETE ENERGY INDEPENDENCE AND SEAMLESS, UNINTERRUPTED POWER! ?????. PAID FOR AND NO COST TO NEW OWNER! The exterior features 40K Cool-Wall paint for efficiency and curb appeal, while inside, two new A/C systems, upgraded insulation, radiant barriers, and whole-house extractor fans keep the home cool and efficient. Smart home integration controls everything from locks and garage doors to lighting and sprinklers, with all switches upgraded to Wi-Fi/manual models. Bathrooms feature luxury touches like LED mirrors and bidets, complemented by a tankless water heater for endless hot water. Additional highlights include a Tesla charger, extensive Cat 6 wiring, hardwired Wi-Fi access points, and a professional-grade server rack with networking equipment and cameras. With its costly, thoughtful upgrades—many intended for long-term living—this home offers low utility bills, comfort, and future-ready living. Twin masters, one lower level and one main is perfect for the out of town quest. With 3,478 sq. ft., award-winning schools & South Bay access, this is modern California living at its best!

Nearby schools

9/10
Park Western Place Elementary School
Public,•K-5•0.8mi
5/10
Crestwood Street Elementary School
Public,•K-6•0.8mi
9/10
Taper Avenue Elementary School
Public,•K-5•0.8mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•1.8mi
8/10
Dapplegray Elementary School
Public,•K-5•4.7mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•0.3mi
8/10
Miraleste Intermediate School
Public,•6-8•1.0mi
6/10
San Pedro Senior High School
Public,•9-12•2.3mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•3.0mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•3.7mi
8/10
Palos Verdes High School
Public,•9-12•6.3mi

Price History

Date
Event
Price
12/15/95
Sold
$295,000
02/15/19
Sold
$1,382,000
07/08/08
Sold
$1,175,000
Condition Rating
Excellent
Despite being built in 1958, this property has undergone an extensive and cutting-edge renovation, bringing it to a virtually new condition. The description highlights a paid-for Tesla Solar Roof with Powerwall, new A/C systems, upgraded insulation, smart home integration, and luxury bathroom features like LED mirrors and bidets. The images confirm modern aesthetics with hardwood floors throughout, recessed lighting, a contemporary kitchen with stainless steel appliances and granite countertops, and updated bathrooms. All major systems and visible components appear new or recently updated, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Exceptional Energy Independence & Efficiency: Features a paid-for Tesla Solar Roof with Powerwall for whole-house battery backup, ensuring complete energy independence and seamless power. Further enhanced by 40K Cool-Wall paint, new A/C systems, upgraded insulation, radiant barriers, and a tankless water heater, leading to low utility bills.
Advanced Smart Home Technology: Comprehensive smart home integration controls locks, garage doors, lighting, and sprinklers, with all switches upgraded to Wi-Fi/manual models. Includes extensive Cat 6 wiring, hardwired Wi-Fi access points, and a professional-grade server rack, offering cutting-edge convenience and future-ready living.
Flexible Living Arrangement: The unique layout with 'twin masters, one lower level and one main' provides significant flexibility, ideal for multi-generational families, guests, or diverse living needs.
Desirable Location & School District: Located in Rancho Palos Verdes, offering access to 'award-winning schools' and convenient 'South Bay access,' enhancing the property's long-term value and appeal to families.
Extensive Modern Upgrades: The home has been 'extensively upgraded' with thoughtful improvements, including luxury bathroom features like LED mirrors and bidets, reducing immediate maintenance needs and offering a modern aesthetic.

Cons

Original Construction Year: Built in 1958, despite extensive modern upgrades, the underlying structure and some original components may still reflect its age, potentially leading to unforeseen maintenance or renovation costs not covered by the listed improvements.
Limited View Description: While the property 'has_view' of 'City Lights,Neighborhood,' it does not explicitly mention the highly coveted panoramic ocean views often associated with premium properties in Rancho Palos Verdes, which could limit its appeal to some buyers.
Recent Price Reduction: The property has undergone a recent price reduction from $2.098M to $1.998M, which could indicate initial overpricing or a longer time on market, potentially suggesting buyer resistance at the higher price point.

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