3 Park Place, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 5 bed, 4 bath
ACTIVE$3,288,000$3,956/sqft
Est. Value: $3,400,701
3%
BelowEstimate
3 Park Place, Rancho Palos Verdes, California 90275
5Beds
4Baths
3,956Sqft
21,732Lot
Price Vs. Estimate
The estimated value ($3,400,700.71) is $112,700.71 (3%) higher than the list price ($3,288,000). This property may be underpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21732, living area = 3956.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Compared to the nearby listings
Price:$3.29M vs avg $1.90M (+$1,388,000)93%
Size:3,956 sqft vs avg 2,374 sqft87%
Price/sqft:$831 vs avg $78961%
More Insights
Built in 1989 (37 years old).
Condition: Built in 1989, this property has undergone significant updates, particularly in the kitchen and bathrooms, which appear to have been renovated within the last 5-15 years. The kitchen features modern white shaker cabinets, light countertops, and stainless steel appliances, including a high-end Viking range. Bathrooms show updated vanities, fixtures, and clean tiling. The home is move-in ready with well-maintained interiors, a mix of tile and hardwood flooring, and no visible signs of deferred maintenance, aligning with the 'Good' condition criteria.
Year Built
1989
Close
-
List price
$3.29M
Original List price
$3.29M
Price/Sqft
$831
HOA
-
Days on market
-
Sold On
-
MLS number
PV26004756
Home ConditionGood
Features
Excellent View: Canyon, Mountain(s), Ocean
Deck
Patio
ViewCanyon, Mountain(s), Ocean
About this home
Custom with contemporary flair. Private location across from Del Cerro Park. Uniquely designed open floor plan. Private yard area for enjoying the evening sunsets. Welcome to this beautiful 5 bedroom, 4 bath family estate, situated on top of a secluded hill in Rancho Palos Verdes. This unique property has over 21,000 SF, features 3956 SF, and has expansive views of the sparkling Pacific Ocean, Del Cerro Park, and nearby canyons. Perfect for entertaining, or simply relaxing, while enjoying all of the surrounding vistas. The unique architecture, sets this home apart from the rest! Skylights and lots of windows allow an abundance of natural light to pour into every room. The large, circular driveway has plenty of space. Come and see this hilltop beauty!!
D
De De Hsu
Listing Agent
Price History
Date
Event
Price
02/25/14
Sold
$1,280,000
Condition Rating
Good
Built in 1989, this property has undergone significant updates, particularly in the kitchen and bathrooms, which appear to have been renovated within the last 5-15 years. The kitchen features modern white shaker cabinets, light countertops, and stainless steel appliances, including a high-end Viking range. Bathrooms show updated vanities, fixtures, and clean tiling. The home is move-in ready with well-maintained interiors, a mix of tile and hardwood flooring, and no visible signs of deferred maintenance, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21732, living area = 3956.
Expansive Premium Views: The property boasts breathtaking, expansive views of the Pacific Ocean, Del Cerro Park, and nearby canyons, offering a highly desirable and picturesque living experience.
Prime Location & Privacy: Situated on a secluded hilltop across from Del Cerro Park in Rancho Palos Verdes, this location offers exceptional privacy and direct access to natural beauty.
Spacious Estate with Large Lot: A substantial 5-bedroom, 4-bath family estate spanning 3956 sqft on an oversized 21,000+ sqft lot, providing ample living space and significant outdoor potential.
Unique Architecture & Design: Featuring custom, contemporary flair and a uniquely designed open floor plan, the home's architecture sets it apart, enhancing its aesthetic appeal and functionality.
Abundant Natural Light: Skylights and numerous windows ensure an abundance of natural light throughout every room, creating a bright and inviting atmosphere.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Potential for Dated Systems/Finishes: Built in 1989, while described with 'contemporary flair,' some systems or finishes may be original and could require updates to meet modern luxury standards, which is not explicitly detailed.
High Price Point: With a list price of $3.288 million, the property is positioned at a premium, which may limit the pool of potential buyers despite its desirable features.
General Interior Amenity Description: The description focuses heavily on views and space but lacks specific details on recent high-end interior renovations or luxury amenities (e.g., gourmet kitchen specifics, smart home features) that buyers at this price point often expect.