3004 Paseo Del Mar, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 5 bed, 5 bath
3004 Paseo Del Mar
Palos Verdes Estates, California 90274
Property Price
SUMMARY
Analysis of 3004 Paseo Del Mar, Palos Verdes Estates, California 90274 reveals a property with a current list price of $5,399,000, which is 5% above the estimated $5,115,580 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Palos Verdes Estates Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3004 Paseo Del Mar Subject | $5,399,000* List Price | 5 | 5 | 5,576 | $917 | - |
A 2718 Via Victoria Sold | $4,752,000 | 7 | 6 | 5,434 | $874 | 0.6 mi |
B 1413 Via Castilla Active | $5,395,000 List Price | 6 | 6 | 5,298 | $1,018 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2011, this 14-year-old Mediterranean estate is in move-in ready condition with high-end finishes. The kitchen is well-equipped with premium appliances, granite countertops, and custom cabinetry. While the property is luxurious and well-maintained, its age falls within the 10-20 year range for the 'good' category, and there is no record of a full-scale renovation within the last 5 years to qualify it as 'excellent' under the provided criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
- Panoramic Ocean Views
The estate is strategically positioned to capture sweeping, unobstructed ocean vistas from nearly every room, including dual primary suites, significantly enhancing its luxury appeal.
- Modern Luxury Construction
Built in 2011, this residence offers contemporary Mediterranean elegance with high-end finishes, a chef’s kitchen, and a grand architectural layout that is rare for the area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5576, other record living area = 5426.
- Aggressive Price Appreciation
The listing price reflects a substantial increase from its 2017 sale price of $3.6M, which may lead to appraisal challenges or extended days on market in a discerning luxury tier.
- High Maintenance Overhead
The expansive 5,576-square-foot floor plan and intricate custom Mediterranean details require significant ongoing maintenance and high utility costs to preserve the home's condition.
About 3004 Paseo Del Mar
Discover true coastal luxury in this exquisite Mediterranean-style estate, perfectly positioned to capture sweeping ocean vistas from nearly every room. Enter through a private gated entry and step into a spacious grand foyer, where a dramatic spiral staircase sets the tone for the elegance found throughout the home. Designed for both comfort and sophistication, this residence features three stately fireplaces, custom-crafted ceilings, and French doors that bathe the interior in natural light while opening seamlessly to outdoor living spaces. The dream kitchen is a chef’s delight—complete with premium appliances, rich cabinetry, granite counters, custom backsplash, center island with breakfast bar, large walk-in pantry, and a dedicated wine chiller for effortless entertaining. The home features 5 bedrooms with one suite on the main level. The main primary suite features panoramic views, fireplace, plus large bath and dream closet. A second primary suite also has panoramic views. Every detail reflects refined craftsmanship and timeless style, creating a warm and inviting atmosphere within this luxurious estate. Perfect for those seeking serenity, beauty, and coastal grandeur.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2011
- Lot Size
- 15,839 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palos Verdes Estates Unified Schools
Lunada Bay Elementary School
Grades K-5 • 0.4 mi
Point Vicente Elementary School
Grades K-5 • 0.6 mi
Vista Grande Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 70% |
| Baths | 5.0 | 3.0 | 78% |
| Square foot | 5,576 | 2,900 | 94% |
| Lot Size | 15,839 | 14,790 | 57% |
| Price | $5.40M | $2.50M | 93% |
| Price per sq ft | $968 | $955 | 54% |
| Built year | 2011 | 1962 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 102 | 187 | 17% |
Pricing History
Listed for Sale
Mar 4, 2026
$5,399,000
$5,699,000
-5% Price Drop
Initial Listing
Price Change
Nov 24, 2025
$5,699,000
Initial Listing
Sold
Jan 11, 2017
$3,600,000
Public Record
Sold
Jun 8, 2012
$2,799,000
Public Record
Sold
Sep 1, 2010
$1,500,000
Public Record