2101 Paseo Del Mar, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 3 bed, 3 bath

2101 Paseo Del Mar, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$8,900,000
2101 Paseo Del Mar, Palos Verdes Estates, California 90274
3Beds
3Baths
2,815Sqft
18,480Lot
Year Built
1970
Close
-
List price
$8.9M
Original List price
$9.5M
Price/Sqft
$3,162
HOA
-
Days on market
-
Sold On
-
MLS number
219117276DA
Home ConditionFair
Features
Excellent View: Bay, Bluff, Catalina, City Lights, Park/Greenbelt, Water
Pool
Patio
ViewBay,Bluff,Catalina,City Lights,Park/Greenbelt,Water

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,7 Pros. Rank: price - $8.90M(96th), sqft - 2815(49th), beds - 3(32th), baths - 3(50th).

A rare opportunity to acquire a highly sought after location on the Bluff in Palos Verdes with 180-degree unobstructed views. Nestled along the prestigious Paseo Del Mar in Palos Verdes Estates, this stunning residence is true luxury coastal living. Boasting unparalleled, unobstructed views of the Pacific Ocean, the enchanting rolling hills and the striking bluffs of the Palos Verdes Peninsula, this home offers a rare opportunity to experience the epitome of the Southern California lifestyle. Wake up to panoramic views of the Pacific Ocean from nearly every room, this 3-bedroom,2 1/2-bathroom home provides a front-row seat to awe-inspiring sunsets and the soothing sound of crashing waves. With generously sized rooms, high ceilings and an abundance of natural light, the interior exudes a sense of openness and serenity. The meticulously landscaped grounds provide a private sanctuary where you can enjoy al fresco dining on the expansive patio, relax in the lush gardens or take a dip in the pool while soaking in the coastal ambiance. Situated in one of the most coveted neighborhoods on the Peninsula, this home offers the perfect balance of tranquility and accessibility, with proximity to world-class schools, parks, golf courses and the vibrant coastal community. Being offered fully furnished. (Buyer to verify all information). *Brochure can be downloadable in the Document tab.

Nearby schools

7/10
Lunada Bay Elementary School
Public,K-50.7mi
9/10
Vista Grande Elementary School
Public,K-51.3mi
9/10
Point Vicente Elementary School
Public,K-51.7mi
10/10
Montemalaga Elementary School
Public,K-52.0mi
9/10
Silver Spur Elementary School
Public,K-52.9mi
9/10
Palos Verdes Intermediate School
Public,6-80.7mi
9/10
Ridgecrest Intermediate School
Public,6-82.7mi
8/10
Palos Verdes High School
Public,9-120.4mi
10/10
Palos Verdes Peninsula High School
Public,9-122.9mi

Price History

Date
Event
Price
05/14/18
Sold
$6,000,000
06/30/17
Sold
$6,000,000
08/24/07
Sold
$4,500,000
10/24/00
Sold
$2,650,000
Condition Rating
Fair

Built in 1970, this property is well-maintained but shows signs of dated renovations, particularly in the kitchen and bathrooms. The kitchen features light wood cabinetry and appliances that appear to be from the 1990s or early 2000s. Bathrooms also exhibit older fixtures and tile work. While functional and clean, these key areas require significant cosmetic updates to align with current luxury market expectations, fitting the 'renovated between 15 to 30 years ago' criteria for a 'Fair' score.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18480, living area = 2815.
Great Schools: Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Unobstructed Panoramic Views: The property boasts unparalleled 180-degree unobstructed views of the Pacific Ocean, Catalina Island, city lights, rolling hills, and bluffs from nearly every room, offering a truly exceptional coastal experience.
Prime Coastal Location: Situated on the prestigious Paseo Del Mar bluff in Palos Verdes Estates, this highly sought-after address offers exclusivity and a rare opportunity for luxury coastal living in a coveted neighborhood.
Exceptional Outdoor Amenities: Meticulously landscaped grounds provide a private sanctuary with an expansive patio, lush gardens, and a pool, ideal for al fresco dining and soaking in the coastal ambiance.
Access to Top-Rated Schools: The home is located within proximity to world-class, top-rated schools, enhancing its appeal for families seeking excellent educational opportunities.
Spacious Interior with Natural Light: The interior features generously sized rooms, high ceilings, and an abundance of natural light, creating an open and serene living environment.

Cons

Age of Property & Potential for Updates: Built in 1970, the property is over 50 years old, and while well-maintained, the interior may require significant modernization or updates to align with current luxury market expectations and justify the price point.
Overpriced Relative to Market & Comparables: The current listing price of $8.9M is 4% above the estimated market value and significantly higher than a newer, larger comparable property in the same area, suggesting it may be overpriced.
Limited Bedroom Count for Price Tier: With 3 bedrooms, the property offers a lower bedroom count compared to some luxury homes in this price range and location, which might limit its appeal to buyers seeking more extensive accommodations.

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