
Rancho Palos Verdes, California 90275
This Hillside Residential Estate represents a Strong Value Opportunity, listed at $2,350,000—positioned well below the $2,539,348 Fair Market Value by 7%. This valuation gap offers $189,348 in Instant Equity. Featuring a Fair Condition Rating, the property offers a 18,256 sqft lot with a private pool, spa, and panoramic ocean views. Located in the Palos Verdes Peninsula Unified School District, it is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to modernize a premier hillside asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29815 Knoll View Drive Subject | $2,350,000* List Price | 4 | 3 | 3,016 | $842 | - |
A 3311 Crownview Drive Sold | $2,085,000 | 3 | 3 | 3,290 | $634 | 0.4 mi |
B 29813 Knoll View Drive Sold | $2,525,000 | 5 | 4 | 3,532 | $715 | 0.0 mi |
C 2960 Crownview Sold | $1,887,500 | 4 | 3 | 2,634 | $717 | 0.2 mi |
D 3226 Corinna Sold | $2,200,000 | 4 | 3 | 2,487 | $885 | 0.7 mi |
E 6441 Via De Anzar Sold | $1,744,000 | 3 | 3 | 2,100 | $830 | 0.6 mi |
F 6608 Via Siena Sold | $1,725,000 | 3 | 2 | 2,232 | $773 | 0.4 mi |
G 3550 Coolheights Sold | $2,455,000 | 4 | 4 | 3,309 | $742 | 1.0 mi |
H 29603 Highpoint Road Active | $2,299,900 List Price | 4 | 3 | 2,716 | $847 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1968, the interior has undergone a comprehensive modern renovation within the last 5 years. The kitchen is updated with white shaker cabinets and stone waterfall countertops, bathrooms feature contemporary tiling and glass enclosures, and the living areas have new wide-plank flooring and recessed lighting, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18256, living area = 3016.
High School: Palos Verdes Peninsula High School (10/10).
The property features exceptional, unobstructed views of the harbor, coastline, and Pacific Ocean, providing a high-value backdrop that is difficult to replicate.
Built in 1968 and marketed as a 'reimagine' opportunity, the home likely requires substantial capital investment to modernize the interior and systems to current luxury standards.
The steep hillside setting, while providing views, may limit the amount of flat, usable yard space and could involve higher long-term maintenance costs for slope stabilization.
Perched high above the city with sweeping views of the harbor, coastline, city lights and surrounding landscape, this distinctive hillside residence offers an incredible opportunity to create something truly special. From the moment you arrive, the home's classic architecture makes an impression, with a dramatic arched façade, covered entry, expansive upper-level balcony and a setting that takes full advantage of its elevated location. But it is the remarkable panoramic outlook that truly defines the property—stretching across the harbor and city and out toward the Pacific, creating an ever-changing backdrop from day to night. Designed for Southern California indoor-outdoor living, the backyard features a private swimming pool and spa, generous patio areas for lounging and entertaining and mature trees and landscaping that provide a sense of privacy and separation. Whether enjoying a quiet morning overlooking the water, hosting friends poolside or watching the city begin to glow at sunset, the setting offers tremendous potential. The home's generous footprint, multiple outdoor areas and traditional architectural character provide an excellent foundation for a buyer with vision. Refresh the existing residence or reimagine it into a sophisticated modern retreat that maximizes the property's exceptional location and views. With its combination of space, privacy, pool and spa, hillside setting and commanding harbor-to-ocean vistas, this is more than an opportunity to purchase a home—it's an opportunity to create a one-of-a-kind residence in a setting that would be difficult to replicate. Come for the view. Stay for the possibilities.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.9 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.9 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,016 | 2,270.986 |
| Lot Size | 18,256 | 9,800.365 |
| Price | $2.35M | $1.85M |
| Price per sq ft | $779 | $795 |
| Built year | 1968 | 1963 |
| HOA | $0 | $451 |
| Days on market | 22 | 50 |
Aug 18, 2026
$2,350,000
Initial Listing
Sep 21, 2018
$1,595,000
Public Record