
Palos Verdes Estates, California 90274
This Custom Coastal Estate is listed at $7,999,000, representing a stable acquisition aligned with its $7,706,585 Fair Market Value. Currently holding a Fair Condition Rating, the 8,613-square-foot interior features 1993 custom details that offer a prime canvas for high-end modernization. The expansive grounds include a Resort-Style Pool Pavilion, Ocean Views, and a rare 5-car garage. Located in Lunada Bay near Top-Rated Schools like Montemalaga Elementary, this property provides a prestigious lifestyle with significant appreciation potential. It is ideal for Luxury Homebuyers or Owner-Occupants looking to create a bespoke sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2816 Paseo Del Mar Subject | $7,999,000* List Price | 6 | 9 | 8,613 | $895 | - |
A 2736 Paseo Del Mar Sold | $8,700,000 | 6 | 5 | 7,659 | $1,136 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993, this 31-year-old property is well-maintained but features dated interior aesthetics. The kitchen and bathrooms reflect the original 90s custom design with heavy wood cabinetry and older finishes, placing it in the 'Fair' category as it requires cosmetic updates to meet modern luxury standards despite its functional condition.
Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features an exceptional pool pavilion equipped with a bar, kitchenette, sauna, and a grotto-inspired spa, providing a private, high-end resort experience.
With over 8,600 square feet of living space on an oversized 22,262 square foot lot, the estate offers rare amenities including a 5-car enclosed garage and a temperature-controlled wine cellar.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =22262, other record lot size in square feet = 22119.
Built in 1993 with a 'classic' and 'traditional' aesthetic, the interior finishes and heavy wood paneling may require significant capital investment to align with modern luxury tastes.
The complexity of the estate, including nine bathrooms, a large pool pavilion, and extensive lush landscaping, suggests high ongoing utility and upkeep costs for the future owner.
Reminiscent of a classic Beverly Hills estate, this custom designed home was built to embody understated elegance. A magnificent two-story entry opens to a grand living room with fireplace, while the adjacent library impresses with rich wood paneling, a marble fireplace, and architectural detail. The expansive formal dining room sets the stage for memorable gatherings, while the traditional butler’s pantry serves as the transitional space between the kitchen and dining room. The huge kitchen features a center island offering the ideal place to prepare and share homemade meals with family and friends. The large family room has a fireplace and French doors opening to the private backyard oasis. The pool pavilion includes a bar, kitchenette, sauna, ¾ bathroom, and outdoor fireplace, creating a resort-like ambiance. A secret, grotto-inspired spa is tucked amid natural stone and greenery. The impressive pool is privately situated and surrounded by mature, lush landscaping that provides peace and tranquility. The upper level features five bedrooms, each with its own private bathroom. The spectacular primary suite includes a sitting area, fireplace, a luxurious bathroom and a one of a kind walk-in closet. The private balcony enjoys beautiful ocean and sunset views. Downstairs includes an temperature controlled wine cellar, guest quarters and direct access to the three-car garage. The gated driveway leads to a secluded motor court and provides access to two additional spaces within the tandem garage. A total of 5 car enclosed parking. Set on an oversized lot with ocean views, this exceptional property rests on one of Lunada Bay’s most desirable streets, and offers exceptional value.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 89% |
| Baths | 9.0 | 4.0 | 99% |
| Square foot | 8,613 | 3,104 | 98% |
| Lot Size | 22,262 | 16,778 | 73% |
| Price | $8.00M | $2.73M | 96% |
| Price per sq ft | $929 | $988 | 42% |
| Built year | 1993 | 1964 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 138 | 9% |
Apr 26, 2026
$7,999,000
Initial Listing