
Rolling Hills Estates, California 90274
This Classic Ranch-Style Value-Add Estate is listed at $3,199,000, positioned as a premier acquisition opportunity despite a $2,693,543 Fair Market Value. Currently holding a Dated Condition Rating, the 3,724-square-foot residence offers immense potential for forced appreciation through cosmetic and system modernization. The property’s true value lies in its 40,542 sqft Equestrian Lot, featuring a private Pool, barn, and access to the Palos Verdes Peninsula Unified School District. This is an ideal strategic purchase for Luxury Renovators or Owner-Occupants seeking to create a custom sanctuary in a prestigious enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19 Strawberry Lane Subject | $3,199,000* List Price | 4 | 4 | 3,724 | $723 | - |
A 87 Dapplegray Lane Sold | $2,950,000 | 5 | 5 | 4,306 | $685 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this property is well-maintained but significantly outdated. While it features some mid-life updates such as granite countertops and stainless steel appliances, the overall aesthetic—including floral wallpaper, gold-tone bathroom fixtures, and older wood paneling—indicates the last major renovations likely occurred 20-30 years ago. The home is functional and livable but requires cosmetic and system modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40542, living area = 3724.
Situated on a nearly one-acre lot (40,542 sqft) on a prestigious street, the property includes an on-site barn and usable grounds, offering a rare blend of privacy and equestrian utility in a premier location.
The 3,724-square-foot floor plan features four bedrooms plus a dedicated office that can serve as a fifth bedroom, providing a flexible layout with 'incredible bones' suitable for various family dynamics.
Built in 1952 and marketed as an opportunity to 'reimagine,' the property likely requires a significant capital investment for modern upgrades and aesthetic renovations to reach its full potential.
The property record indicates no significant views, which may be a competitive disadvantage compared to other high-end listings in the Palos Verdes area that offer ocean or city light vistas.
Tucked away on one of the most sought-after streets in Rolling Hills Estates, Strawberry Lane, this classic ranch-style home presents an exceptional opportunity to create something truly special. Offering 4 bedrooms plus a dedicated office—easily convertible to a fifth bedroom—the layout is both functional and flexible, designed to adapt to a variety of lifestyles. Set on a generous lot, the home boasts a beautiful, well-proportioned floor plan with incredible bones—ready for your vision and personal touch. The seamless indoor-outdoor flow opens to expansive entertaining spaces, complete with a pool that invites gatherings year-round. Equestrian enthusiasts and those craving a bit of countryside charm will appreciate the on-site barn, while the grounds offer a rare blend of privacy and usability. A mature, fruit-bearing pomegranate tree and vibrant lemon tree add both character and a touch of everyday luxury to the property. This is a rare chance to reimagine a home in a premier location—where space, potential, and lifestyle come together effortlessly.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 56% |
| Square foot | 3,724 | 2,985 | 74% |
| Lot Size | 40,542 | 15,265 | 86% |
| Price | $3.20M | $2.60M | 66% |
| Price per sq ft | $859 | $964 | 35% |
| Built year | 1952 | 1962 | 14% |
| HOA | $200.0 | $0 | 85% |
| Days on market | 0 | 170 | 1% |
Apr 17, 2026
$3,199,000
Initial Listing