
Rancho Palos Verdes, California 90275
This property presents a High-Potential Investment Opportunity with a List Price of $2,195,000—positioned well below the $2,206,992 Fair Market Value by 0.54%. This valuation gap offers $11,992 in Instant Equity. Featuring a Condition Rating of 5, the home requires a total renovation, yet its 15,184 sq ft flat lot and Panoramic Ocean Views provide a massive canvas for value-add expansion. Located in a top-tier district with 10/10 rated schools, this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a custom build.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29917 Avenida Anillo Subject | $2,195,000* List Price | 4 | 5 | 2,880 | $766 | - |
A 30158 Avenida De Calma Sold | $2,000,000 | 4 | 3 | 3,247 | $616 | 0.2 mi |
B 30243 Calle De Suenos Sold | $2,630,000 | 5 | 3 | 3,927 | $670 | 0.4 mi |
C 29010 Doverridge Sold | $1,960,000 | 4 | 3 | 2,634 | $744 | 0.9 mi |
D 30003 Via Victoria Active | $2,400,000 List Price | 3 | 4 | 2,586 | $928 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1966 and on the market for the first time in nearly 50 years, the home is in original condition with heavily dated interiors, including popcorn ceilings and vintage wallpaper. The listing explicitly states the property is ready to be 'completely reimagined' or 'built new,' indicating the need for a total rehab of all major systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15184, living area = 2880.
Elementary School: Point Vicente Elementary School (9/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property sits on a rare 15,100+ square foot flat lot on a quiet cul-de-sac, providing a massive canvas for expansion or a custom new build in the prestigious Country Club area.
On the market for the first time in 50 years, the 1966 structure requires a complete reimagining or total renovation to meet modern luxury standards.
Beyond the multi-million dollar acquisition price, buyers will need significant additional liquidity to address the necessary upgrades, redesign, or reconstruction.
First time on the market in almost 50 years! A rare opportunity awaits in the prestigious and sought-after Country Club area of Rancho Palos Verdes! This ocean view home on an expansive 15,100+ flat lot is ready to be completely reimagined! The potential is limitless! Located on a quiet cul de sac, this 4 bedroom home is currently 2880 sq ft with a large 3 car garage. Ocean views from the living room, dining room, kitchen, den, and primary bedroom. Whether you choose to renovate, redesign, expand, or build new, this property presents an exceptional opportunity to create something truly special!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.0 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.9 |
| Baths | 5.0 | 3.0 |
| Square foot | 2,880 | 2,270.986 |
| Lot Size | 15,184 | 9,800.365 |
| Price | $2.19M | $1.85M |
| Price per sq ft | $762 | $795 |
| Built year | 1966 | 1963 |
| HOA | $0 | $451 |
| Days on market | 13 | 50 |
Aug 27, 2026
$2,195,000
Initial Listing