2322 Palos Verdes Drive W 206, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 2 bed, 2 bath
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Palos Verdes Estates, California 90274
This Top-Floor Coastal Sanctuary is listed at $799,000—positioned well below the $809,072 Fair Market Value by 1%. This valuation provides $10,072 in Instant Equity for a home in Good Condition. Featuring vaulted ceilings, a peek-a-boo ocean view, and essential upgrades like a tankless water heater, the property offers a seamless transition into the Lunada Bay lifestyle. Located within walking distance of Top-Rated Schools like Montemalaga Elementary and Palos Verdes High, it is perfectly suited for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2322 Palos Verdes Drive W 206 Subject | $799,000* List Price | 2 | 2 | 1,169 | $692 | - |
A 2337 Palos Verdes W Active | $995,000 List Price | 2 | 2 | 1,425 | $698 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1973, it is exceptionally well-maintained and move-in ready. It features critical recent system upgrades including a tankless water heater and an updated electric subpanel. The kitchen and bathrooms, while slightly dated in style, are fully functional and appear to have been refreshed within the 5-15 year window, meeting the criteria for Good condition.
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 in the highly desirable Lunada Bay area, this property offers exceptional walkability to Lunada Bay Plaza, scenic ocean bluff trails, and local community parks.
This top-floor, single-level residence features vaulted ceilings that maximize the sense of space, complemented by modern essentials including a new tankless water heater and an upgraded electric subpanel.
The balcony offers only a 'peek-a-boo' ocean view, which may be a drawback for buyers specifically seeking expansive or unobstructed coastal vistas common in this price point.
Built in 1973, the 18-unit complex may require more frequent maintenance or future capital improvements compared to newer developments in the Palos Verdes area.
TOP FLOOR, and all on ONE LEVEL once inside, this contemporary style condominium with its functional layout offers a great sense of space. Some key features of this comfortable 2 BEDROOM, 2 BATH residence include vaulted ceilings throughout, a wood burning fireplace in the living room, a separate open dining area adjacent to the kitchen, and the convenience of an inside laundry (washer-dryer included). Recently installed essentials include a tankless water heater (2026) and an upgraded electric subpanel. Enjoy the peek-a-boo ocean VIEW from your exclusive-use BALCONY. The Unit also comes with 2 designated side-by-side parking spaces in the HOA gated garage + 2 storage units. Lunada Terrace is a small 18-unit complex with some big perks - a great location, for one, with walkability to Lunada Bay Plaza (and all that it has to offer), plus to a popular community park with a summer concert schedule. Only steps from the center green belt trail, this condo is located in a neighborhood surrounded by an abundance of natural open space fringed with ocean bluffs. For those with students, Unit 206 is nearby to all 3 levels of PVPUSD award-winning schools.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,169 | 1,071 | 56% |
| Lot Size | 21,246 | 148,993 | 17% |
| Price | $799.0K | $844.9K | 44% |
| Price per sq ft | $683 | $743 | 28% |
| Built year | 1973 | 2018 | 28% |
| HOA | $496.0 | $620 | 11% |
| Days on market | 51 | 160 | 6% |
Apr 24, 2026
$799,000
Initial Listing