27138 E Diamondhead Lane, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 3 bed, 2 bath
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Rancho Palos Verdes, California 90275
This Single-Family Residence represents a Strong Value Opportunity, listed at $1,875,000—positioned well below the $1,967,880 Fair Market Value by 4%. This valuation gap offers $92,880 in Instant Equity. Featuring a Condition Rating of 3, the home includes a remodeled kitchen with Thermador appliances, a pool and spa, and panoramic Queen's Necklace views. Located in the Palos Verdes Peninsula Unified School District, this property is an ideal acquisition for Owner-Occupants seeking a luxury lifestyle or Buy-and-Hold Investors targeting high-demand coastal real estate.
Property is move-in ready.
Built in 1965 but features significant updates including a remodeled kitchen with Thermador appliances and granite countertops, remodeled bathrooms, and central HVAC. The finishes and cabinetry suggest a renovation within the 10-20 year range, making the home well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26631, living area = 1899.
The property's hilltop position at the end of a cul-de-sac provides rare, expansive views of the city, harbor, and the iconic Queen's Necklace coastline.
Situated on an oversized 26,000+ sq ft lot, the outdoor space is a standout feature, offering a private pool, spa, gazebo, and a fully equipped built-in BBQ area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =26631, other record lot size in square feet = 26493.
With only 1,899 sq ft of living space, the home's interior is relatively modest given the nearly $2 million price point and the massive size of the lot.
The two-car garage is detached from the main residence, which may be a convenience drawback for buyers seeking direct-entry access to the home.
Perched on a hilltop at the end of a quiet cul-de-sac in the Blackhorse neighborhood of Rancho Palos Verdes, this single-level home offers expansive city, harbor, and Queen's Necklace views on an approximately 26,000 sq ft lot. Designed for comfortable living and entertaining, the 3-bedroom, 2-bath layout features an open living and dining area with vaulted ceilings and easy access to the patio and pool. The updated kitchen includes Thermador appliances, granite countertops, and connects to a welcoming family room with fireplace.The outdoor spaces provide multiple areas to gather and relax, including a pool, spa, gazebo, and a patio with built-in BBQ and heat lamps for year-round use. The primary suite offers ample closet space and direct access to the pool deck, while the additional bedrooms and remodeled bathrooms provide flexibility for a variety of living needs. Additional features include central heating and air conditioning, a home security system, a wine chiller, a detached two-car garage, and an oversized driveway.Conveniently located near shopping and dining at the Palos Verdes Peninsula Center and The Promenade on the Peninsula, and within the Palos Verdes Peninsula Unified School District. Information is deemed reliable but not guaranteed. Buyer to verify.
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 | 1,899 | 2,320.5 |
| Lot Size | 26,631 | 10,823.5 |
| Price | $1.88M | $1.90M |
| Price per sq ft | $987 | $799 |
| Built year | 1965 | 1963 |
| HOA | $0 | $700 |
| Days on market | 76 | 57 |
Jul 3, 2026
$1,875,000
$1,999,000
-6% Price Drop
Initial Listing
Jun 10, 2026
$1,999,000
$2,100,000
-5% Price Drop
Initial Listing
May 7, 2026
$2,100,000
Initial Listing
Aug 15, 2000
$635,000
Public Record