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28704 Covecrest Drive, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 5 bed, 4 bath

28704 Covecrest Drive, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$2,489,000
28704 Covecrest Drive, Rancho Palos Verdes, California 90275
5Beds
4Baths
3,119Sqft
9,554Lot

Price Vs. Estimate

The estimated value ($2,433,504.82) is $55,495.18 (2%) lower than the list price ($2,489,000). This property may be overpriced.

Key pros and cons

Top Pros:
Large Backyard with Pool: The property features an extra-large backyard with a pool, spa, slide, and fire pit, making it ideal for entertaining and outdoor activities.
Top Cons:
Year Built: Built in 1966, the property may require updates to meet modern standards and preferences.

Compared to the nearby listings

Price:$2.49M vs avg $1.90M (+$589,000)82%
Size:3,119 sqft vs avg 2,396 sqft81%
Price/sqft:$798 vs avg $79351%

More Insights

Built in 1966 (59 years old).
Condition: The property was built in 1966. The description mentions an 'updated kitchen,' but the images show a kitchen that, while functional, is dated with older appliances and cabinet styles. Bathrooms also appear to be original or only partially updated. While the house seems maintained, it requires some updates to meet modern standards. The pool area looks nice, but overall, the property shows its age.
Year Built
1966
Close
-
List price
$2.49M
Original List price
$2.59M
Price/Sqft
$798
HOA
-
Days on market
-
Sold On
-
MLS number
SB25000811
Home ConditionFair
Features
Good View: Neighborhood
Pool
Spa
Patio
ViewNeighborhood

About this home

A huge price reduction! Wonderful 5 bedroom/4 bath home with an extra large backyard with a pool, and with a functional floor plan! Quiet neighborhood. Entering through the double front doors with beveled glass to the living room with high ceilings. The updated kitchen is a few steps down and next to the famaily room and formal dining room. The extra wide steps leading to the upper level with separated area of the master suite and three other bedrooms. 2nd master suite with a full bathroom downstairs. The backyard is huge and great for entertaining, with spacious patio, pool/spa/slide and fire pit. This two story home is close to Peninsula High School, pet friendly parks as well as The Peninsula Center and the Avenue Mall.

Price History

Date
Event
Price
12/28/12
Sold
$998,000
Condition Rating
Fair
The property was built in 1966. The description mentions an 'updated kitchen,' but the images show a kitchen that, while functional, is dated with older appliances and cabinet styles. Bathrooms also appear to be original or only partially updated. While the house seems maintained, it requires some updates to meet modern standards. The pool area looks nice, but overall, the property shows its age.
Pros & Cons

Pros

Large Backyard with Pool: The property features an extra-large backyard with a pool, spa, slide, and fire pit, making it ideal for entertaining and outdoor activities.
Functional Floor Plan: The home offers a functional floor plan with 5 bedrooms and 4 bathrooms, including a second master suite downstairs, providing ample space and flexibility.
Prime Location: Located in a quiet neighborhood, the property is close to Peninsula High School, pet-friendly parks, The Peninsula Center, and the Avenue Mall, offering convenient access to amenities and services.

Cons

Year Built: Built in 1966, the property may require updates to meet modern standards and preferences.
Potential for Updates: While the kitchen is updated, other areas of the home may benefit from further renovations to maximize its value and appeal.

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