
Rancho Palos Verdes, California 90275
This Mid-Century Modern Architectural Gem is a High-Potential Investment Opportunity, listed at $1,795,000—positioned well above the $1,592,006 Fair Market Value by -12%. While priced at a premium, the property offers a Condition Rating of 3, featuring a new roof, renovated bathrooms, and a private pool. Located in the exclusive Abalone Cove enclave, this residence provides a unique coastal lifestyle. It is an ideal acquisition for Architectural Enthusiasts or Owner-Occupants seeking a turnkey, design-forward retreat in a prestigious, low-density community.
Property is move-in ready.
While originally built in 1954, the property is well-maintained and move-in ready with significant recent updates including a new roof, new flooring, and recently renovated bathrooms. The kitchen features stone countertops and functional appliances, though the cabinetry appears slightly older than the 5-year 'Excellent' threshold.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9124, living area = 1631.
Designed by renowned architect Cliff May, this Mid-Century Modern masterpiece features iconic post-and-beam construction, vaulted ceilings, and signature floor-to-ceiling windows that maximize natural light.
Situated in the prestigious 60-home enclave of Abalone Cove, the property offers private gated access to shoreline parks, sea caves, and a desirable coastal microclimate just steps from the bluffs.
At 1,631 square feet, the interior living space is relatively compact for the $1.795M price point, which may limit its appeal to families requiring more substantial square footage.
With 53 days on the market, the property is seeing slower absorption than typical high-demand coastal listings, potentially indicating a disconnect between the niche architectural style and current buyer expectations.
Stunning Mid Century Modern by renowned architect Cliff May. Welcome to the best-kept secret in Palos Verdes. Right off Palos Verdes Drive on the ocean side, and just a few homes from the coastal bluffs, you'll find this beautifully updated mid-century modern residence. This property offers a rare chance to own this architectural gem in the exclusive Abalone Cove community, which includes only 60 homes. An open-concept layout filled with natural light, beautiful wood beams, new flooring, two fireplaces, and recently renovated bathrooms, a new roof and more. The seamless indoor-outdoor flow creates an inviting atmosphere ideal for both everyday living and entertaining. Every room has unique windows that showcase the angles of the room. The backyard is a private retreat, featuring a large pool, expansive patio, and a covered pergola. Additional features include a two-car garage, a generous front parking pad, and a paverd driveway. Within this private neighborhood, you'll have the benefit of enjoying a heightened sense of privacy, security, and exclusivity. This area of Rancho Palos Verdes is also known for having one of the best microclimates on the Peninsula. Residents of Abalone Cove benefit from private gated access to Abalone Cove Shoreline Park, known for its sea caves, tide pools rich with marine life, and frequent sightings of seals and dolphins. Just a short drive to Terranea Resort, local shopping at Golden Cove shopping center, and just around the corner from numerous scenic hiking trails. Seller is willing to pay $10,000 credit towards rate buy-down or applied as preferred by the buyer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,791 | 2,320.5 |
| Lot Size | 9,124 | 10,823.5 |
| Price | $1.79M | $1.90M |
| Price per sq ft | $1.0K | $799 |
| Built year | 1954 | 1963 |
| HOA | $386.0 | $700 |
| Days on market | 115 | 57 |
Mar 29, 2026
$1,795,000
Initial Listing
Jan 12, 2024
$1,750,000
Public Record
Jun 28, 1996
$410,000
Public Record