245 Rocky Point Road, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 7 bed, 11 bath

245 Rocky Point Road, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$29,750,000
245 Rocky Point Road, Palos Verdes Estates, California 90274
7Beds
11Baths
12,472Sqft
50,239Lot
Year Built
2016
Close
-
List price
$29.75M
Original List price
$29.75M
Price/Sqft
$2,385
HOA
-
Days on market
-
Sold On
-
MLS number
SB25059235
Home ConditionExcellent
Features
Excellent View: Catalina, Coastline, Mountain(s), Ocean, Panoramic, Water
Pool
Spa
Patio
ViewCatalina, Coastline, Mountain(s), Ocean, Panoramic, Water

About this home

We found 3 Cons,7 Pros. Rank: price - $29.75M(99th), sqft - 12472(99th), beds - 7(98th), baths - 11(99th).

Perched on the westernmost edge of a pristine bluff in Palos Verdes Estates, this expansive compound spans over 1.15 acres of lush coastal terrain, offering breathtaking 180-degree views of the California coastline. This property offers a rare opportunity for discerning buyers seeking unparalleled luxury and seclusion along the Southern California coast. Renowned interior designer Tim Clarke meticulously curated this residence, blending stone and plaster to harmonize effortlessly with its natural surroundings. Tucked behind private gates, the estate exudes warmth and sophistication, seamlessly merging comfort with exquisite design to create an extraordinary coastal retreat. Throughout the home, fully retractable sliding doors erase the boundaries between indoor and outdoor living. The chef’s kitchen is a masterpiece, featuring French limestone countertops sourced from the ancient Massangis quarry, a Wolf six-burner stove, a gracefully patinated copper sink and Waterworks fixtures. Reclaimed wood-beamed ceilings, French white oak and limestone floors, Roman clay plaster walls, vintage Italian chandeliers and antique French fireplace mantels lend timeless elegance while ensuring contemporary comfort. The primary suite offers sweeping ocean vistas through disappearing doors, an outdoor spa, a spa-like ensuite bath and a custom-designed walk-in closet. Landscape architect Art Luna’s masterful design seamlessly integrates the coastal habitat with the natural beauty of the property. Sprawling lawns, limestone hardscaping and pergolas frame the pool and spa, crafting an enchanting outdoor sanctuary that celebrates the stunning surroundings. A guest house and entertainment pavilion elevate the estate’s luxurious appeal, featuring a custom indoor Italian grill, an oversized dining area and multiple seating spaces flowing effortlessly toward the pool and spa. Completing this idyllic retreat are two well-appointed bedrooms, three and a half baths, a state-of-the-art gym, a secured wine cellar and a refined home office.This extraordinary estate represents a once-in-a-lifetime opportunity to experience the pinnacle of coastal living.

Nearby schools

7/10
Lunada Bay Elementary School
Public,K-50.7mi
9/10
Vista Grande Elementary School
Public,K-51.5mi
9/10
Point Vicente Elementary School
Public,K-51.6mi
10/10
Montemalaga Elementary School
Public,K-52.3mi
9/10
Silver Spur Elementary School
Public,K-53.1mi
9/10
Palos Verdes Intermediate School
Public,6-80.9mi
9/10
Ridgecrest Intermediate School
Public,6-82.9mi
8/10
Palos Verdes High School
Public,9-120.7mi
10/10
Palos Verdes Peninsula High School
Public,9-123.1mi

Price History

Date
Event
Price
07/31/07
Sold
$4,900,000
01/24/06
Sold
$3,425,000
Condition Rating
Excellent

Built in 2016, this property is virtually new (8 years old) and meticulously designed by a renowned interior designer. The kitchen is a masterpiece with French limestone countertops, a Wolf six-burner stove, copper sink, and Waterworks fixtures. Bathrooms are spa-like with high-end finishes. Throughout the home, luxury materials like reclaimed wood-beamed ceilings, French white oak and limestone floors, Roman clay plaster walls, and vintage Italian chandeliers are evident. All components appear new, meet current quality standards, and show no signs of deferred maintenance or depreciation, aligning perfectly with the 'excellent' criteria.
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 = 50239, living area = 12472.
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).
Panoramic Coastal Views: The property boasts breathtaking 180-degree views of the California coastline, Catalina Island, and the Pacific Ocean from its pristine bluff location, offering an unparalleled scenic experience.
Exquisite Design & High-End Finishes: Meticulously curated by renowned interior designer Tim Clarke, the residence features premium materials like French limestone, reclaimed wood-beamed ceilings, Roman clay plaster walls, and vintage fixtures, ensuring timeless elegance and quality.
Extensive Luxury Amenities: This expansive estate includes a guest house, entertainment pavilion with an indoor Italian grill, state-of-the-art gym, secured wine cellar, home office, and multiple outdoor living spaces with a pool and spa.
Seamless Indoor-Outdoor Living: Fully retractable sliding doors and masterful landscape design by Art Luna create a harmonious flow between the luxurious interiors and the enchanting outdoor sanctuary, maximizing the coastal experience.
Privacy and Exclusivity: Tucked behind private gates on over 1.15 acres of lush coastal terrain, the compound offers unparalleled seclusion and a rare opportunity for a private, luxurious lifestyle in Palos Verdes Estates.

Cons

Extremely High Price Point: With a list price of $29.75 million, the property targets an extremely limited pool of ultra-high-net-worth buyers, potentially leading to a longer market time.
Niche Market Appeal: The property's bespoke design and extreme luxury cater to a very specific aesthetic and lifestyle preference, narrowing the potential buyer demographic significantly.
Substantial Ongoing Costs: Given its size, luxury features, and prime coastal location, the property will incur exceptionally high annual property taxes, insurance premiums, and maintenance expenses, which are significant considerations for any buyer.

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