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2306 Palos Verdes Drive W 103, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 3 bed, 3 bath

2306 Palos Verdes Drive W 103, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$1,099,000
2306 Palos Verdes Drive W 103, Palos Verdes Estates, California 90274
3Beds
3Baths
2,000Sqft
20,659Lot
Year Built
1981
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$550
HOA
$715
Days on market
-
Sold On
-
MLS number
SB25053058
Home ConditionGood
Features
Pool
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.10M(80th), sqft - 2000(90th), beds - 3(70th), baths - 3(80th).

Rare Opportunity in Lunada Bay – The Only Townhome for Sale in All of Palos Verdes Estates! *** Welcome to 2306 PV Drive West, #103. The 3 bedrooms are currently comprised of a large primary bedroom suite, plus a smaller en suite, plus an easily enclosable loft. Situated in the beautiful seaside French styled "Maison Au Bord De La Mer" gated complex. This is your chance to own a dream home in one of the most sought-after locations in the South Bay. ** INTERIOR FEATURES: Spacious living room with soaring ceilings, 2 cozy upstairs and downstairs fireplaces, and wet bar. Floor-to-ceiling windows fill the home with natural light, creating an airy and inviting atmosphere. Kitchen with walk-in pantry and open layout to the dining area with a breakfast bar! 30' long private patio with access from both the kitchen/dining area and living room - ideal for relaxing or hosting a party. Huge primary bedroom with dual closets, high ceilings, and bathroom. Mini-suite offers privacy with its own full bathroom. Spacious laundry room. Central heating throughout. 2 dedicated underground parking spaces in a gated garage with additional storage space. ** LOCATION & LIFESTYLE: Gated community with a secure entrance, two-way intercom, and buzzer access. Across from Lunada Bay Plaza: restaurants, shops, yoga, tutoring, pet services, and more just steps away. Just 4 blocks to the Bluffs—enjoy breathtaking ocean views, walking trails, and surf spots. 5 minute drive to Terranea Resort, plus multiple golf courses within a 6-mile radius. Near hiking trails, concerts in the park, and top-rated PV schools. Residents are eligible to join PV Golf Club and Palos Verdes Beach Club. **** COMPLEX AMENITIES: Tranquil Pool, plus a BBQ area. Elevator access from the garage to each floor. Pet-friendly! Recently updated with a brand-new roof, plumbing updates, and more. HOA allows for immediate rental opportunities; great for investors or a 1031 exchange! Possible to install AC and an electric vehicle charging station (per HOA guidelines). **** With a prime location, resort-style amenities, and endless potential, this townhome is an incredible opportunity for homeowners and investors alike. **** Upgrades: electrical outlets/switches; energy efficient LED recessed lighting for temperature control and sound proofing; flooring (2022); 2.5 inch faux wood cordless window blinds for privacy; LG smart appliances less than 1 year old. Large private storage unit in garage.

Nearby schools

7/10
Lunada Bay Elementary School
Public,•K-5•0.5mi
9/10
Vista Grande Elementary School
Public,•K-5•0.9mi
9/10
Point Vicente Elementary School
Public,•K-5•1.4mi
10/10
Montemalaga Elementary School
Public,•K-5•1.7mi
9/10
Silver Spur Elementary School
Public,•K-5•2.5mi
9/10
Palos Verdes Intermediate School
Public,•6-8•0.3mi
9/10
Ridgecrest Intermediate School
Public,•6-8•2.3mi
8/10
Palos Verdes High School
Public,•9-12•0.5mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•2.5mi

Price History

Date
Event
Price
03/12/21
Sold
$680,000
05/31/01
Sold
$345,000
04/12/95
Sold
$265,000
Condition Rating
Good
The property, built in 1981, has undergone significant recent updates including new flooring (2022), new electrical outlets/switches, LED recessed lighting, and LG smart appliances (less than 1 year old). The kitchen features modern stainless steel appliances, white cabinetry, and granite countertops, presenting a clean and functional aesthetic. Bathrooms appear well-maintained with updated vanities and fixtures, though some elements like the shower/tub surrounds might reflect an older style. While the property is move-in ready with many modern touches, the overall style and some finishes, particularly in the bathrooms, prevent it from being classified as 'Excellent' (fully renovated within 5 years to current quality standards). The lack of central AC, noted as a weakness, also slightly detracts from a top score, placing it firmly in the 'Good' category.
Pros & Cons

Pros

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).
Prime Location & Lifestyle: Situated in the highly sought-after Lunada Bay, directly across from Lunada Bay Plaza with shops and restaurants, just 4 blocks from ocean bluffs, and close to Terranea Resort, golf courses, hiking trails, and top-rated Palos Verdes schools.
Extensive Community Amenities & Security: The gated 'Maison Au Bord De La Mer' complex offers secure entry, a tranquil pool, BBQ area, elevator access from the garage, is pet-friendly, and includes two dedicated underground parking spaces with additional storage.
Modern Interior Upgrades & Features: The townhome boasts recent upgrades including new flooring (2022), LG smart appliances (less than 1 year old), LED recessed lighting, new faux wood blinds, soaring ceilings, two fireplaces, a wet bar, and a 30' private patio.
Investment & Rental Opportunity: The HOA permits immediate rental opportunities, making it an attractive option for investors or 1031 exchanges, further enhanced by its unique status as the 'Only Townhome for Sale in All of Palos Verdes Estates'.
Recent Complex-Wide Updates: The complex has undergone significant recent improvements, including a brand-new roof and plumbing updates, contributing to the long-term stability and appeal of the property.

Cons

Lack of Central Air Conditioning: The property currently does not have a central air conditioning system, which may be a comfort concern during warmer periods, despite the possibility of future installation per HOA guidelines.
High Monthly HOA Dues: The monthly association fee of $715 is substantial and represents a significant recurring cost that potential buyers must factor into their budget.
Non-Traditional Third Bedroom: The third bedroom is described as an 'easily enclosable loft,' which may not provide the same level of privacy or conventional functionality as a fully enclosed, traditional bedroom.

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