
Palos Verdes Estates, California 90274
This Stunning Turnkey Coastal Estate is a Prime Investment Opportunity, listed at $4,475,000—positioned well below the $4,625,773 Fair Market Value by 3%. This valuation gap offers $150,773 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this reimagined home boasts a Chef’s Kitchen, Panoramic Ocean Views, and an Elevated Pool and Spa. Located in the top-tier Palos Verdes Peninsula Unified School District, this property is an ideal acquisition for discerning luxury buyers or owner-occupants seeking a sophisticated, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2976 Via Alvarado Subject | $4,475,000* List Price | 5 | 4 | 3,577 | $1,293 | - |
A 2116 Chelsea Road Sold | $4,950,000 | 5 | 5 | 3,868 | $1,280 | 1.0 mi |
B 2912 Via Alvarado Active Under Contract | $3,650,000 List Price | 4 | 4 | 3,236 | $1,128 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1965, the property has undergone a comprehensive, high-end 'reimagined' renovation within the last 2 years. It features a designer chef's kitchen with premium ILVE appliances, luxury spa-inspired bathrooms with Moroccan tile and high-end fixtures, new wide-plank flooring, and new French windows and doors throughout, placing it in mint 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 boasts unobstructed, panoramic views of the Pacific Ocean and Catalina Island from nearly every room, providing a rare and highly sought-after coastal living experience.
Recently reimagined with a sophisticated Nantucket-inspired aesthetic, the home features premium finishes including an ILVE Pro Range, custom millwork, and wide-plank flooring.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11080, other record lot size in square feet = 10814.
A price reduction of over $200,000 within the first three weeks on the market may indicate initial overpricing or a shift in buyer demand for the immediate area.
Despite the extensive aesthetic remodel, the 1965 construction date may present underlying maintenance considerations typical of older coastal properties.
A home like this is exceptionally rare in Palos Verdes Estates. The moment you walk in, it's impossible not to be awe-struck. Every room unfolds with breathtaking beauty, creating a living experience that feels both unforgettable & serene. Inspired by the timeless charm of Nantucket and Martha’s Vineyard, 2976 Via Alvarado brings New England charm and coastal elegance to one of SoCal’s most coveted oceanfront communities. Set on a large corner lot one block from the ocean, this reimagined 5-bed, 3.5-bath, ~3,600 SF refined home w/ unobstructed ocean views from nearly every room creates a constant connection to the Pacific. Wrapped in cedar shingles and framed by manicured gardens, brick pathways, climbing roses, and undeniable storybook appeal, it's like a private retreat from the moment you arrive. It blends warmth & sophistication w/ wide-plank flooring, custom millwork, new French windows & doors, and curated lighting. As you enter, you immediately feel transported to another time & dimension—the winding staircase is a work of art. The ocean-view chef’s kitchen features high-end appliances: an ILVE Pro Range, custom cabinetry, quartz countertops, Hoodsly hood, Insta Hot, and a large island designed for gathering. Flanked by 2 new French doors that open seamlessly to full ocean views & sun-drenched patios creating effortless indoor-outdoor living. Multiple living spaces offer character & flexibility, w/ 3 FP, dedicated ocean-view dining room, custom wet bar, and cozy reading/office nook. Wake up in the 1st flr ocean view bedroom and watch the sail boats pass by via 12 ft doors on the deck. The primary suite is so enchanting offering a priv. escape w/ sweeping balcony views from Catalina to SM Bay, mother-of-pearl FP, and spa-inspired ensuite w/ soaking tub, walk-in shower, luxury finishes, and custom Cal Closets. Addtl bedrooms include an oversized bonus room w/ vaulted ceiling, offering flex space for a guest suite, workshop, office, or playroom while a SoHo House–inspired bath w/ Moroccan tile reflects the high-end design found throughout. Outdoors, enjoy ocean views from both the front & backyard—morning coffee on the porch, afternoons by the elevated pool & spa, and evenings entertaining under twinkling lights on the expansive brick terrace. Added bonus: EV charger in the garage. Rarely does a home capture this level of charm, privacy, architecture, and lifestyle. Come experience the many awe-inspiring moments this house provides in the heart of PVE.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 65% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,577 | 3,104 | 66% |
| Lot Size | 11,080 | 16,435.5 | 35% |
| Price | $4.47M | $2.85M | 77% |
| Price per sq ft | $1.3K | $988 | 85% |
| Built year | 1965 | 1965 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 140 | 6% |
May 21, 2026
$4,475,000
$4,688,000
-5% Price Drop
Initial Listing
May 2, 2026
$4,688,000
Initial Listing
Feb 22, 2024
$2,750,000
Public Record