2950 Twin Harbors View Drive, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 6 bed, 10 bath

2950 Twin Harbors View Drive, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$7,499,000
2950 Twin Harbors View Drive, Rancho Palos Verdes, California 90275
6Beds
10Baths
7,669Sqft
22,088Lot

Price Vs. Estimate

The estimated value ($7,499,000) is $0 (0%) lower than the list price ($7,499,000). This property may be overpriced.

Key pros and cons

Top Pros:
Unrivaled Oceanfront Location & Panoramic Views: The property boasts a prime oceanfront position on a cul-de-sac, offering stunning, expansive views of the California coastline and Catalina Island, a highly coveted and rare asset.
Top Cons:
Recent Price Reduction: A significant price drop from the original listing ($7.99M to $7.499M) may indicate initial overpricing or market resistance, potentially raising questions for prospective buyers.

Compared to the nearby listings

Price:$7.50M vs avg $1.90M (+$5,599,000)99%
Size:7,669 sqft vs avg 2,396 sqft99%
Price/sqft:$978 vs avg $79383%

More Insights

Built in 2005 (20 years old).
Condition: Despite being built in 2005 (19 years old), this property presents in virtually new condition, reflecting its original status as a model home built with the 'finest of materials and finishes.' The kitchen boasts high-end Viking and Miele appliances, granite countertops, and custom ornate cabinetry, all appearing pristine. Bathrooms feature luxurious materials like marble and high-quality fixtures. The extensive polished marble flooring throughout is immaculate, and there are no visible signs of wear, tear, or deferred maintenance. The property's quality and meticulous upkeep allow it to meet the 'virtually new' standard for an excellent rating.
Year Built
2005
Close
-
List price
$7.5M
Original List price
$7.99M
Price/Sqft
$978
HOA
$658
Days on market
-
Sold On
-
MLS number
PV23179089
Home ConditionExcellent
Features
Excellent View: Catalina, Coastline, Ocean, Pool
Pool
Spa
Patio
ViewCatalina, Coastline, Ocean, Pool

About this home

Ocean front home prominently situated on a beautiful cul-de-sac street is perched in Los Angeles’ most desirable community. Providing views of the down the coastline of California and Catalina. Originally constructed as the model home for The Estates at Trump National. This home of unparalleled design, comfort, and quality, emphasizes functionality as well as the luxuries of a quintessential California lifestyle. Featuring spacious interiors and exquisite details, this home is designed to perfectly accommodate resort style oceanfront living. From Viking and Miele appliances to CAT5 wiring, it has been appointed with only the finest of materials and finishes. Upstairs enjoy the gourmet kitchen, ocean view living room, dining room, wet bar and parlor, as well as dual luxury primary suites with his and her closets, dual shower and fireplaces, library office. Downstairs entertain by way of the wine cellar, game room with billiard, movie theater and two additional bedrooms with suite baths round out this space. Outside you will find a separate suite with bathroom and separate entrance. The backyard seamlessly integrates the indoor-outdoor lifestyle and features with outdoor fireplace and outdoor kitchen, gardens, a Koi Pond with waterfall, spa and pool with ocean and Catalina View. The Estates at Trump National is located in the beautiful Palos Verdes, adjacent to World Renown 18 HOLE TRUMP NATIONAL GOLF COURSE and the two highly rated restaurants at the clubhouse, with access to the beach, hiking trails, nature preserves nearby, in a great neighborhood with 24-hour security patrol. Too many features to list. Visit this sprawling, sophisticated dream home to experience all it has to offer!

Price History

Date
Event
Price
06/12/15
Sold
$6,680,000
10/25/06
Sold
$12,500,000
Condition Rating
Excellent

Despite being built in 2005 (19 years old), this property presents in virtually new condition, reflecting its original status as a model home built with the 'finest of materials and finishes.' The kitchen boasts high-end Viking and Miele appliances, granite countertops, and custom ornate cabinetry, all appearing pristine. Bathrooms feature luxurious materials like marble and high-quality fixtures. The extensive polished marble flooring throughout is immaculate, and there are no visible signs of wear, tear, or deferred maintenance. The property's quality and meticulous upkeep allow it to meet the 'virtually new' standard for an excellent rating.
Pros & Cons

Pros

Unrivaled Oceanfront Location & Panoramic Views: The property boasts a prime oceanfront position on a cul-de-sac, offering stunning, expansive views of the California coastline and Catalina Island, a highly coveted and rare asset.
Exceptional Luxury & High-End Finishes: Originally a model home, it features unparalleled design, exquisite details, and premium appointments including Viking and Miele appliances, and CAT5 wiring, signifying superior quality.
Extensive Resort-Style Amenities: The home is equipped with a gourmet kitchen, dual luxury primary suites, a wine cellar, game room, movie theater, and a lavish outdoor area with a pool, spa, outdoor kitchen, and Koi Pond, ideal for entertaining.
Prestigious Gated Community with Security: Located within The Estates at Trump National, the property benefits from 24-hour security patrol and direct adjacency to a world-renowned golf course, enhancing exclusivity and safety.
Spacious & Versatile Living Spaces: With over 7,600 sqft, 6 bedrooms, and 10 baths, including dual primary suites and a separate guest suite, the property offers generous space and flexible living arrangements for a luxury lifestyle.

Cons

Recent Price Reduction: A significant price drop from the original listing ($7.99M to $7.499M) may indicate initial overpricing or market resistance, potentially raising questions for prospective buyers.
Substantial Monthly HOA Fees: The $658 monthly association fee represents a considerable ongoing cost of ownership, which could be a factor for some high-end buyers.
Niche Market Appeal: The ultra-luxury price point and specific location within Trump National Golf Course cater to a very exclusive and limited buyer pool, potentially extending the property's market time.

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