
Palos Verdes Estates, California 90274
This Premier Development Asset is listed at $1,850,000, representing a stable entry point near its $1,811,607 Fair Market Value. Priced at lot value to reflect the area's high demand for luxury estates, the property offers a 9,212-square-foot corner lot with a Dated Condition Rating, signaling a prime Value-Add Opportunity. The elevated site features a private patio and boasts dual-aspect ocean and hill views in the historic Malaga Cove neighborhood. Located within the elite Palos Verdes Peninsula Unified School District, the property is primed for a luxury rebuild. This is an ideal acquisition for Luxury Developers or Custom Home Builders.
Property is moderate renovation needed.
Built in 1955, this 69-year-old property is largely original despite newly refinished hardwood floors. While the listing states it is 'ready to move into,' the lack of documented updates to the kitchen, bathrooms, or major systems (HVAC/Electric) and the presence of original single-pane windows and cracked exterior concrete indicate it is dated. The agent's emphasis on 'lot value' and 'highest and best use' for a new luxury estate confirms it needs significant modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9212, living area = 1295.
Situated on a commanding corner lot in the historic heart of Palos Verdes Estates, the property offers exceptional walkability to Malaga Cove Plaza, the golf club, and local hiking trails.
The elevated lot provides rare, expansive sightlines featuring Santa Monica Bay and blue water ocean views to the west, complemented by serene pastoral hill views to the east.
The current mid-century ranch is modest at only 1,295 square feet with two bedrooms, which may be insufficient for buyers not looking to immediately undergo a major expansion or rebuild.
Because the property is priced for its 'highest and best use' as a development site, realizing its full potential requires a substantial secondary investment in construction and architectural design.
If real estate is all about “location, location, location,” then 2700 Via Campesina makes the cut. Set on a commanding corner lot within the historic heart of Palos Verdes Estates, this property offers a unique combination of immediate utility and long-term development potential. The property is elevated above the street, providing an expansive 9,200-square-foot canvas characterized by exceptional sightlines. Residents enjoy a dual-aspect view corridor - to the West: views of the Santa Monica Bay and blue water ocean views; to the East: serene, pastoral views of the Palos Verdes hills. The current mid-century ranch style home features vaulted ceilings and newly refinished hardwood floors and overlooks a lush green landscape. While the home is ready to move into today, the offering is priced at lot value, acknowledging the site’s highest and best use: the construction of a luxury ocean-view estate. The surrounding Malaga Cove neighborhood is renowned for its Classic California Spanish architecture and signature aesthetic that has defined the region’s prestige since it was designed by the Olmstead Brothers in the 1920’s. The location offers exceptional walkability to the area’s most celebrated landmarks including the Malaga Cove Plaza, the Palos Verdes Golf Club, summer concerts in the park, or hiking on the miles of trails available outside your front door. Whether adding on to the existing charm or imagining a fresh architectural vision, 2700 Via Campesina is the ideal foundation for a dream residence in one of Southern California’s most cherished communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 3% |
| Baths | 2.0 | 4.0 | 14% |
| Square foot | 1,295 | 3,102 | 1% |
| Lot Size | 9,212 | 16,435.5 | 20% |
| Price | $1.85M | $2.79M | 10% |
| Price per sq ft | $1.4K | $988 | 94% |
| Built year | 1955 | 1965 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 141 | 6% |
Apr 27, 2026
$1,850,000
Initial Listing