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28121 Highridge Road 402, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 2 bed, 2 bath

28121 Highridge Road 402, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$749,000
28121 Highridge Road 402, Rancho Palos Verdes, California 90275
2Beds
2Baths
1,157Sqft
43,084Lot

Price Vs. Estimate

The estimated value ($704,164.87) is $44,835.13 (5%) lower than the list price ($749,000). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Ocean Views: Offers breathtaking Queen's Necklace ocean views from every room, significantly enhancing desirability and value.
Top Cons:
Substantial Monthly HOA Dues: The association fee of $587.95 per month is a significant ongoing expense that impacts overall affordability.

Compared to the nearby listings

Price:$749.0K vs avg $785.0K ($-36,000)44%
Size:1,157 sqft vs avg 1,506 sqft16%
Price/sqft:$647 vs avg $53876%

More Insights

Built in 1974 (51 years old).
Condition: Despite being built in 1974, this condo has undergone a comprehensive and high-quality renovation. The description explicitly states 'beautifully remodeled and upgraded,' 'new flooring, fresh paint, designer lighting,' 'fully renovated kitchen,' and 'bathrooms have been upgraded.' The images confirm these updates, showcasing a modern kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances. Both bathrooms feature contemporary vanities, fixtures, and tiling. New LVP flooring and carpeting, along with fresh paint and modern light fixtures throughout, indicate that all components are new or virtually new, meeting current quality standards with no deferred maintenance. This extensive renovation brings the property's condition to an excellent standard, making it move-in ready with a modern aesthetic.
Year Built
1974
Close
-
List price
$749K
Original List price
$785K
Price/Sqft
$647
HOA
$587.95
Days on market
-
Sold On
-
MLS number
SB25064659
Home ConditionExcellent
Features
Excellent View: Ocean
Pool
Patio
ViewOcean

About this home

Welcome to this beautifully remodeled and upgraded top-floor condo, offering breathtaking Queen's Necklace ocean views from every room. Located in the top-rated Palos Verdes School District, this stunning home features a bright, open-concept layout designed for modern coastal living. The space is enhanced by new flooring, fresh paint, designer lighting, and a sleek ocean-inspired accent wall that adds a tranquil touch to the living area. The fully renovated kitchen includes quartz countertops, stainless steel appliances, and stylish new fixtures, while the bathrooms have been upgraded to match the home's elegant aesthetics. A cozy gas fireplace with a redesigned mantel adds warmth and character, and two dedicated parking spaces provide convenience. Residents also enjoy access to premium amenities, including a sparkling pool, a spacious recreation room, fitness center, and meticulously maintained common areas. Blending comfort, style, and an unbeatable location, this stunning condo is a rare opportunity to enjoy the best of coastal living in Palos Verdes.

Price History

Date
Event
Price
12/20/24
Sold
$565,000
Condition Rating
Excellent
Despite being built in 1974, this condo has undergone a comprehensive and high-quality renovation. The description explicitly states 'beautifully remodeled and upgraded,' 'new flooring, fresh paint, designer lighting,' 'fully renovated kitchen,' and 'bathrooms have been upgraded.' The images confirm these updates, showcasing a modern kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances. Both bathrooms feature contemporary vanities, fixtures, and tiling. New LVP flooring and carpeting, along with fresh paint and modern light fixtures throughout, indicate that all components are new or virtually new, meeting current quality standards with no deferred maintenance. This extensive renovation brings the property's condition to an excellent standard, making it move-in ready with a modern aesthetic.
Pros & Cons

Pros

Panoramic Ocean Views: Offers breathtaking Queen's Necklace ocean views from every room, significantly enhancing desirability and value.
Extensive Modern Renovation: Recently remodeled and upgraded throughout with new flooring, paint, designer lighting, and fully renovated kitchen and bathrooms, providing a move-in ready modern aesthetic.
Top-Tier School District: Situated within the highly-rated Palos Verdes School District, a major draw for families and a strong factor for property appreciation.
Comprehensive Community Amenities: Residents benefit from premium amenities including a sparkling pool, recreation room, and fitness center, adding significant lifestyle value.
Desirable Top-Floor & Open Layout: As a top-floor unit, it offers enhanced privacy and views, complemented by a bright, open-concept layout ideal for modern living.

Cons

Substantial Monthly HOA Dues: The association fee of $587.95 per month is a significant ongoing expense that impacts overall affordability.
Aging Building Infrastructure: Built in 1974, the building's age (50 years) may imply potential for future common area maintenance or infrastructure updates not covered by the unit's interior remodel.
List Price Exceeds Estimated Value: The current listing price is 5% above the property's estimated market value, potentially indicating a premium relative to current market assessments.

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