
Rancho Palos Verdes, California 90275
This property presents a High-Potential Investment Opportunity with a List Price of $3,500,000—positioned above the $3,071,155 Fair Market Value. While the price reflects a premium, the home offers Unobstructable Panoramic Ocean Views and a 15,080 sqft lot in the elite Palos Verdes Peninsula Unified School District. With a Fair Condition Rating, the home requires cosmetic modernization, providing a canvas for value-add renovations. This is a rare acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a long-term coastal asset with significant upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30131 Matisse Drive Subject | $3,500,000* List Price | 4 | 5 | 3,406 | $902 | - |
A 30175 Avenida Tranquila Sold | $2,800,000 | 5 | 3 | 3,460 | $809 | 0.4 mi |
B 30105 Avenida Esplendida Sold | $2,780,000 | 5 | 3 | 2,954 | $941 | 0.3 mi |
C 30032 Avenida Esplendida Sold | $2,480,000 | 4 | 3 | 2,531 | $980 | 0.4 mi |
D 6977 Alta Vista Sold | $3,050,000 | 5 | 3 | 4,197 | $727 | 0.4 mi |
E 30923 Cartier Drive Active | $3,900,000 List Price | 5 | 5 | 3,703 | $1,053 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, the property is over 45 years old and retains significant dated elements including 1970s-style patterned tile flooring, vintage wood built-ins, and older lighting fixtures. While the kitchen has been partially updated, the overall interior requires cosmetic modernization to address its age, placing it firmly in the 'Fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15080, living area = 3406.
Elementary School: Point Vicente Elementary School (9/10). Middle School: Ridgecrest Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features rare, sweeping ocean views stretching from Catalina to Malibu that are designated as completely unobstructable, providing significant long-term value and a premium coastal lifestyle.
Built in 1978 and marketed with 'tremendous potential,' the home likely requires significant capital investment beyond the updated kitchen to bring all living spaces up to modern luxury standards.
The split-level configuration, with guest bedrooms and secondary living areas located on the lower floor, may be less desirable for buyers seeking a traditional single-story flow or those with mobility concerns.
Panoramic ocean views span from Catalina to Malibu from this remarkable home, where soaring ceilings, large windows, and multiple balconies take full advantage of the setting. The entry level features a living room with vaulted ceiling and fireplace, an updated kitchen with center island, and the primary suite, all beautifully positioned to capture the spectacular views. A formal dining room and inviting family room located just off the kitchen add comfort and functionality. Downstairs, three guest bedrooms, two bathrooms, a spacious family room with fireplace, and a separate game or rumpus room provide incredible flexibility and a sense of privacy. Outside, two expansive entertaining balconies extend across the west side of the home, while the generous yard features numerous fruit trees. Additional highlights include an oversized driveway and an attached three-car garage with direct interior access. With completely unobstructable ocean views, a remarkable setting, and tremendous potential, this is a rare opportunity to create something truly special.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,406 | 2,320.5 |
| Lot Size | 15,080 | 10,823.5 |
| Price | $3.50M | $1.90M |
| Price per sq ft | $1.0K | $799 |
| Built year | 1978 | 1963 |
| HOA | $0 | $700 |
| Days on market | 27 | 57 |
Jun 25, 2026
$3,500,000
Initial Listing
Sep 12, 2014
$1,625,000
Public Record