
Palos Verdes Estates, California 90274
This Spanish Coastal Estate represents a Strong Value Opportunity, listed at $7,399,000—positioned well below the $8,127,025 Fair Market Value by 8%. This valuation gap offers $728,025 in Instant Equity for the discerning buyer. Featuring a 7,315 sqft floor plan, panoramic ocean views, and a resort-style pool and spa, the property maintains a Condition Rating of 3. Located within the Palos Verdes Peninsula Unified School District, this residence is an ideal acquisition for Luxury Homeowners or High-Net-Worth Investors seeking a landmark coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1824 Paseo Del Mar Subject | $7,399,000* List Price | 7 | 8 | 7,315 | $1,111 | - |
A 2736 Paseo Del Mar Sold | $8,700,000 | 6 | 5 | 7,659 | $1,136 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002, this 24-year-old estate is exceptionally well-maintained and move-in ready. While the gourmet kitchen and baths feature high-end finishes that are stylistically dated to the early 2000s, the property shows no signs of deferred maintenance and includes updated systems like a new central vacuum.
Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Situated on the iconic Paseo Del Mar directly across from the Palos Verdes cliffs, this estate offers rare ocean-frontage views and immediate access to prestigious coastal trails.
The property features a rare, flat half-acre lot, providing a massive and usable resort-style backyard with a pool, spa, and gazebo that is highly coveted in the hilly Palos Verdes terrain.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =23575, other record lot size in square feet = 23257.
The combination of a 7,000+ square foot structure, extensive landscaping, and salt-air exposure from the nearby ocean will result in significant ongoing maintenance and utility expenses.
Built in 2002, some interior finishes and systems may require modern updates to meet the aesthetic expectations of contemporary luxury buyers looking for the latest in smart home technology and design.
Perched above the Pacific Ocean along the coveted and iconic Paseo Del Mar, directly across from the breathtaking Palos Verdes cliffs, this magnificent gated Spanish Coastal estate offers the ultimate blend of luxury, privacy, and resort-style living. Situated on a rare, flat half-acre lot, the residence spans approximately 7,315 square feet and features 7 spacious bedrooms, 6 bathrooms, a dedicated office/library, gym, temperature control wine cellar, and a new central vacuum system. Designed for both grand entertaining and comfortable everyday living, the home offers an ideal balance of formal and casual spaces, including elegant formal living and dining rooms as well as inviting casual living and dining areas. The gourmet kitchen is appointed with premium finishes, a spacious walk-in pantry, 3 ovens, 2 dishwashers and a sunny breakfast nook, creating the perfect gathering place for family and friends. The luxurious primary suite is a true sanctuary, featuring soaring ceilings, a spacious en-suite bath, and a private oversized balcony perfectly positioned to capture beautiful ocean views and coastal sunsets. Additional bedrooms are generously sized, with en-suite accommodations providing exceptional comfort and privacy for family and guests alike. The spectacular backyard is a true private retreat, showcasing a gorgeous pool and spa, elegant gazebo, built-in BBQ, outdoor dining area, and a welcoming fire pit, all surrounded by lush landscaping and expansive outdoor living spaces. A charming courtyard fireplace creates the perfect setting for relaxing evenings under the stars. Additional highlights include a gated entrance, 3-car garage, large circular driveway with ample parking for multiple vehicles, and an exceptional location and just moments from scenic coastal trails and the shoreline. A rare opportunity to own a landmark ocean-view estate in one of the most prestigious and sought-after locations in Palos Verdes Estates. Conveniently located near award-winning schools, premier shopping and dining destinations, and the charming Riviera Village, this extraordinary residence offers the very best of Southern California coastal living.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 8.0 | 3.5 |
| Square foot | 7,315 | 2,761 |
| Lot Size | 23,575 | 10,706.5 |
| Price | $7.40M | $3.02M |
| Price per sq ft | $1.0K | $1.0K |
| Built year | 2002 | 1957 |
| HOA | $0 | $0 |
| Days on market | 40 | 61 |
Jun 12, 2026
$7,399,000
Initial Listing