20 Saddle Road, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 3 bed, 3 bath

20 Saddle Road, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$1,900,000
20 Saddle Road, Rancho Palos Verdes, California 90275
3Beds
3Baths
2,560Sqft
44,712Lot

Price Vs. Estimate

The estimated value ($1,900,000) is $0 (0%) lower than the list price ($1,900,000). This property may be overpriced.

Key pros and cons

Top Pros:
Ocean and Harbor Views: The property boasts views of the ocean and harbor, enhancing its desirability and potential value.
Top Cons:
Needs Updates and TLC: The property requires updates and some TLC, potentially incurring additional costs for the buyer.

Compared to the nearby listings

Price:$1.90M vs avg $1.90M (+$0)50%
Size:2,560 sqft vs avg 2,396 sqft61%
Price/sqft:$742 vs avg $79139%

More Insights

Built in 1956 (69 years old).
Condition: The property was built in 1956 and requires updates and TLC. The kitchen and bathrooms appear dated. While the property has appealing features and potential, it needs significant cosmetic and potentially system updates. The description mentions the need for attention to the kitchen, outdoor areas, and pool. The presence of a court-appointed receiver due to a sewage leak further suggests the property is not in good condition.
Year Built
1956
Close
-
List price
$1.9M
Original List price
$2.07M
Price/Sqft
$742
HOA
$700
Days on market
-
Sold On
-
MLS number
SR24250232
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

Set on over an acre of hillside with views of the ocean and harbor, this 3-bedroom, 2.5-bath home offers a solid foundation with room for improvements. While the property needs updates and some TLC, it still retains many appealing features, including spacious living areas and a private setting surrounded by mature greenery and fruit trees. The layout includes a formal living room with a fireplace, a family room with a second fireplace and wet bar, and a loft space, offering flexibility for various uses. The kitchen and outdoor areas, including the pool and patios, require some attention but have great potential for entertaining or relaxation once refreshed. This is a rare opportunity to enhance an already charming home in a peaceful and scenic location. With the right touch, it could shine once again. Property is being sold under court appointed receivership and sale is subject to court approval. Court-appointed health and safety receiver was directed to sell this property "as is" after cleaning up the raw sewage leak that prompted the appointment.

Nearby schools

5/10
Crestwood Street Elementary School
Public,K-60.9mi
8/10
Mira Catalina Elementary School
Public,K-51.7mi
4/10
Seventh Street Elementary School
Public,K-51.7mi
8/10
Dapplegray Elementary School
Public,K-54.5mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,6-80.2mi
8/10
Miraleste Intermediate School
Public,6-80.9mi
4/10
Richard Henry Dana Middle School
Public,6-82.6mi
6/10
San Pedro Senior High School
Public,9-122.5mi
10/10
Palos Verdes Peninsula High School
Public,9-123.4mi
8/10
Palos Verdes High School
Public,9-125.9mi

Price History

Date
Event
Price
03/08/94
Sold
$405,000
08/19/20
Sold
$1,900,000
Condition Rating
Fair

The property was built in 1956 and requires updates and TLC. The kitchen and bathrooms appear dated. While the property has appealing features and potential, it needs significant cosmetic and potentially system updates. The description mentions the need for attention to the kitchen, outdoor areas, and pool. The presence of a court-appointed receiver due to a sewage leak further suggests the property is not in good condition.
Pros & Cons

Pros

Ocean and Harbor Views: The property boasts views of the ocean and harbor, enhancing its desirability and potential value.
Large Lot Size: Situated on over an acre, the property offers ample space and privacy.
Potential for Customization: The property provides a solid foundation with room for improvements and customization to suit the buyer's taste.

Cons

Needs Updates and TLC: The property requires updates and some TLC, potentially incurring additional costs for the buyer.
"As Is" Condition: The property is being sold "as is" under court-appointed receivership, which may present unforeseen repairs or issues.

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