29600 Island View Drive 201, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 2 bed, 2 bath
ACTIVE$869,000
29600 Island View Drive 201, Rancho Palos Verdes, California 90275
2Beds
2Baths
1,396Sqft
37,186Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Coastal Location: Situated at the quiet northern end of Island View Dr in Rancho Palos Verdes, offering a peaceful coastal retreat with convenient access to parks, top-rated schools, and scenic coastal trails.
Top Cons:
High Monthly HOA Dues: The association fee of $518.00 per month represents a significant ongoing cost for ownership, even with water included.
Compared to the nearby listings
Price:$869.0K vs avg $820.0K (+$49,000)64%
Size:1,396 sqft vs avg 1,506 sqft28%
Price/sqft:$622 vs avg $53868%
More Insights
Built in 1974 (51 years old).
Condition: While the building was constructed in 1974, the unit itself has undergone significant and recent updates, as evidenced by the 'beautifully updated finishes throughout' mentioned in the description and visible in the images. The kitchen features modern white cabinetry, dark countertops, and stainless steel appliances (range and microwave), making it largely move-in ready. The hardwood flooring throughout the living areas and bedrooms is a modern and well-maintained upgrade. Recessed lighting is present in most rooms. However, the dated fluorescent ceiling light in the kitchen and the non-matching white refrigerator, along with the original stone fireplace, suggest that while extensively renovated, it may not have been a full, top-to-bottom renovation within the last 5 years to qualify as 'Excellent'. The property is clearly move-in ready with no immediate renovations required, aligning with the 'Good' category's criteria for properties extensively renovated within 5 to 15 years.
Year Built
1974
Close
-
List price
$869K
Original List price
$869K
Price/Sqft
$622
HOA
$518
Days on market
-
Sold On
-
MLS number
SB25237968
Home ConditionGood
Features
Good View: Ocean
Deck
Pool
Spa
ViewOcean
About this home
Set at the quiet northern end of Island View Dr, this elegant 2 bedroom, 2 bath condo offers a peaceful coastal retreat in the heart of Rancho Palos Verdes. Enjoy partial ocean views, an open floor plan, a spacious balcony, and beautifully updated finishes throughout. The well maintained community features resort style amenities including a pool, spa, and secure parking. Water is included in the HOA dues, adding extra value and convenience. Conveniently located near parks, top-rated schools, and scenic coastal trails.
Price History
Date
Event
Price
05/14/98
Sold
$235,000
10/30/08
Sold
$430,000
12/29/06
Sold
$659,000
04/06/04
Sold
$455,000
Condition Rating
Good
While the building was constructed in 1974, the unit itself has undergone significant and recent updates, as evidenced by the 'beautifully updated finishes throughout' mentioned in the description and visible in the images. The kitchen features modern white cabinetry, dark countertops, and stainless steel appliances (range and microwave), making it largely move-in ready. The hardwood flooring throughout the living areas and bedrooms is a modern and well-maintained upgrade. Recessed lighting is present in most rooms. However, the dated fluorescent ceiling light in the kitchen and the non-matching white refrigerator, along with the original stone fireplace, suggest that while extensively renovated, it may not have been a full, top-to-bottom renovation within the last 5 years to qualify as 'Excellent'. The property is clearly move-in ready with no immediate renovations required, aligning with the 'Good' category's criteria for properties extensively renovated within 5 to 15 years.
Pros & Cons
Pros
Prime Coastal Location: Situated at the quiet northern end of Island View Dr in Rancho Palos Verdes, offering a peaceful coastal retreat with convenient access to parks, top-rated schools, and scenic coastal trails.
Partial Ocean Views: The property boasts partial ocean views, enhancing its appeal and providing a desirable coastal living experience.
Updated Interiors & Open Floor Plan: Features beautifully updated finishes throughout and an open floor plan, providing a modern, move-in ready aesthetic and spacious feel.
Resort-Style Community Amenities: The well-maintained community offers resort-style amenities including a pool, spa, and secure parking, adding significant lifestyle value.
Included Utilities & Strong School District: Water is included in the HOA dues, offering added convenience and value, and the property is located within the highly-rated Palos Verdes Peninsula Unified School District.
Cons
High Monthly HOA Dues: The association fee of $518.00 per month represents a significant ongoing cost for ownership, even with water included.
Building Age: Constructed in 1974, the building is nearly 50 years old, which could imply potential for aging infrastructure, higher future maintenance costs, or special assessments for common area upgrades.
Limited Ocean View: While offering partial ocean views, this indicates the view is not expansive or unobstructed, which may not meet the expectations of buyers seeking premium, full oceanfront vistas.