29 Margate, Palos Verdes Estates, California 90274 home-pic-0

ACTIVE$2,100,000$2,378/sqft

Est. Value: $2,102,001

FairlyEstimate

29 Margate, Palos Verdes Estates, California 90274

4Beds

3Baths

2,378Sqft

6,009Lot

Price Vs. Estimate

The estimated value ($2,102,000.645) is $2,000.645 (0%) lower than the list price ($2,100,000). This property may be overpriced.

Key pros and cons

Top Pros:

Great Schools: Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).

Top Cons:

Age of Property & Potential for System Updates: Built in 1962, the home may have original systems (e.g., electrical, plumbing) that could require future maintenance or modernization to meet contemporary standards.

Compared to the nearby listings

Price:$2.10M vs avg $2.53M ($-434,000)24%

Size:2,378 sqft vs avg 2,880 sqft31%

Price/sqft:$883 vs avg $97035%

More Insights

Built in 1962 (64 years old).

Condition: Built in 1962, this home's age suggests that while well-maintained on the exterior and offering desirable features like a pool and ocean views, major systems (electrical, plumbing) and interior finishes, particularly in the kitchen and bathrooms, are likely functional but outdated. The listing's AI analysis also points to potential original systems needing modernization and the absence of central air conditioning, indicating that minor to moderate updates would be required to bring it to current standards and comfort levels.

Year Built

1962

List price

$2.1M

Original List price

$2.1M

Price/Sqft

$883

HOA

Days on market

Sold On

MLS number

SB26007098

Home ConditionFair

Features

Good View: Neighborhood, Ocean, Peek-A-Boo, Water

Pool

ViewNeighborhood, Ocean, Peek-A-Boo, Water

About this home

Nestled on a quiet cul-de-sac, this beautiful 4-bedroom, 3-bath Cape Cod–style coastal home blends timeless charm with an unbeatable Palos Verdes lifestyle. Thoughtfully designed for both everyday living and entertaining, the home features a private backyard oasis with a sparkling pool, perfect for sunny afternoons and relaxed evenings under the stars. From the second story, enjoy serene ocean views, a daily reminder that the coast is just moments away. The location is truly exceptional—convenient to Palos Verdes High, PV Intermediate, and Lunada Bay Elementary, Conveniently located in the heart of Lunada Bay’s shops and dining. Grab a bite at the beloved Lunada Kitchen, explore nearby cafés and restaurants, or pop into the local market with its sandwich bar, all just minutes from your door. Outdoor enthusiasts will love how easily life flows outside: stroll to the cliffs within minutes, hike down to the Cove, short drive to catch a couple of waves at the Cove or Haggerty’s classic left break. Enjoy scenic walks and views to gorgeous sunsets over the ocean just a few block away. This is coastal living at its best—peaceful, connected, and effortlessly beautiful.

Alejandro Abad

Listing Agent

Nearby schools

7/10

Lunada Bay Elementary School

Public,•K-5•1.0mi

9/10

Vista Grande Elementary School

Public,•K-5•1.1mi

10/10

Montemalaga Elementary School

Public,•K-5•1.3mi

9/10

Point Vicente Elementary School

Public,•K-5•1.9mi

9/10

Silver Spur Elementary School

Public,•K-5•2.3mi

9/10

Palos Verdes Intermediate School

Public,•6-8•0.5mi

9/10

Ridgecrest Intermediate School

Public,•6-8•2.4mi

8/10

Palos Verdes High School

Public,•9-12•0.3mi

10/10

Palos Verdes Peninsula High School

Public,•9-12•2.4mi

Condition Rating

Fair

Built in 1962, this home's age suggests that while well-maintained on the exterior and offering desirable features like a pool and ocean views, major systems (electrical, plumbing) and interior finishes, particularly in the kitchen and bathrooms, are likely functional but outdated. The listing's AI analysis also points to potential original systems needing modernization and the absence of central air conditioning, indicating that minor to moderate updates would be required to bring it to current standards and comfort levels.

Pros & Cons

Pros

Great Schools: Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).

Exceptional Coastal Location & Lifestyle: Situated in the heart of Lunada Bay, offering immediate access to shops, dining, and a vibrant coastal lifestyle, including proximity to cliffs, beaches, and outdoor activities.

Desirable Ocean Views: Serene ocean views from the second story, providing a daily connection to the coast and beautiful sunsets.

Private Backyard Oasis with Pool: Features a sparkling pool and private backyard, ideal for relaxation, entertaining, and enjoying the Southern California climate.

Top-Rated School Proximity: Conveniently located near highly-rated Palos Verdes High, PV Intermediate, and Lunada Bay Elementary, making it attractive for families.

Timeless Cape Cod Charm & Quiet Setting: A beautiful Cape Cod-style home nestled on a quiet cul-de-sac, offering classic architectural appeal and a peaceful living environment.

Cons

Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant consideration for comfort during warmer months.

Limited Ocean View Scope: While ocean views are present from the second story, they are described as 'serene' and 'peek-a-boo' in the view category, suggesting they may not be expansive or available from all primary living areas.

29 Margate, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 4 bed, 3 bath

Price Vs. Estimate

Key pros and cons

Compared to the nearby listings

More Insights

About this home

Nearby schools

Pros

Cons