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30502 Palos Verdes Drive W, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 5 bed, 5 bath

30502 Palos Verdes Drive W, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$3,250,000
30502 Palos Verdes Drive W, Rancho Palos Verdes, California 90275
5Beds
5Baths
4,050Sqft
10,139Lot

Price Vs. Estimate

The estimated value ($2,564,366.93) is $685,633.07 (21%) lower than the list price ($3,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: 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).
Top Cons:
Significant Price Discrepancy & Reduction: The current list price ($3.25M) is considerably higher than the property's estimated value ($2.56M), and it has undergone a price reduction from its original listing ($3.499M), potentially indicating overpricing or market resistance.

Compared to the nearby listings

Price:$3.25M vs avg $1.90M (+$1,350,000)94%
Size:4,050 sqft vs avg 2,396 sqft90%
Price/sqft:$802 vs avg $79351%

More Insights

Built in 1998 (27 years old).
Condition: This property, though built in 1998, has undergone a 'fully remodeled' and 'meticulously designed' renovation, as explicitly stated in the listing and visually confirmed by the images. The kitchen features 'state-of-the-art appliances, custom finishes, and sleek quartz countertops,' appearing brand new and modern. Bathrooms are 'spa-inspired' with freestanding tubs, dual vanities, and contemporary tile work, indicating a recent high-end upgrade. The overall aesthetic, including hardwood flooring and modern light fixtures, suggests a comprehensive renovation within the last 5 years, meeting current quality standards with no visible deferred maintenance.
Year Built
1998
Close
-
List price
$3.25M
Original List price
$3.5M
Price/Sqft
$802
HOA
-
Days on market
-
Sold On
-
MLS number
PV24226085
Home ConditionExcellent
Features
Excellent View: Ocean
Deck
ViewOcean

About this home

Welcome to a breathtaking blend of luxury, style, and amazing ocean views in this fully remodeled coastal gem. With over 4,000 square feet of meticulously designed living space, this 4-bedroom, 4.5-bath home sets a new standard for modern elegance. Step inside and be instantly captivated by the gorgeous ocean views that fill the main living areas with a serene, natural beauty. The heart of the home, a chef’s kitchen is a culinary dream equipped with state-of-the-art appliances, custom finishes, sleek quartz countertops, flowing seamlessly into a formal dining area and a cozy family room with a sleek fireplace which opens to an expansive balcony, offering the perfect setting for sunset dinners or morning coffee with uninterrupted views of the ocean. From the moment you step through the grand entrance, you're greeted by stunning open-concept interiors, flooded with natural light. Every detail in this residence has been meticulously crafted, blending sophistication with functionality. The main level features all 4 bedrooms, including 2 with private bathrooms for the ultimate in comfort, while two others share a beautifully appointed bathroom. The primary suite is a private sanctuary, complete with a spa-inspired bath and custom walk-in closet. The primary suite is a true retreat, complete with a spa-like bathroom featuring a freestanding tub, dual vanities, and a custom walk-in closet. Each additional bedroom boasts unique design touches, ample storage, and high-end finishes, making this home as functional as it is beautiful. Downstairs, discover a host of luxury amenities, including a dry sauna, full laundry room, a spacious playroom, and an additional full bathroom. A three-car garage offers ample space, plus additional parking spots for guests—ideal for gatherings. In the backyard, indulge in your own private paradise with a lush lawn, beautiful gazebo and room to create your dream outdoor oasis. Located in a prestigious Rancho Palos Verdes neighborhood with both luxury and leisure in mind, this home is an invitation to live at your best. Part of the award-winning Palos Verdes Unified School district. Easy access to shopping center, with grocery stores, restaurants, golf courses and hiking trails.

Nearby schools

9/10
Point Vicente Elementary School
Public,•K-5•0.1mi
7/10
Lunada Bay Elementary School
Public,•K-5•0.9mi
9/10
Silver Spur Elementary School
Public,•K-5•3.0mi
8/10
Mira Catalina Elementary School
Public,•K-5•4.6mi
9/10
Palos Verdes Intermediate School
Public,•6-8•1.3mi
8/10
Miraleste Intermediate School
Public,•6-8•4.9mi
8/10
Palos Verdes High School
Public,•9-12•1.8mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•2.7mi

Price History

Date
Event
Price
07/18/97
Sold
$240,000
11/27/13
Sold
$1,725,000
03/11/09
Sold
$1,277,000
02/14/05
Sold
$1,550,000
05/06/04
Sold
$1,153,500
10/24/02
Sold
$1,100,000
02/04/02
Sold
$950,000
Condition Rating
Excellent
This property, though built in 1998, has undergone a 'fully remodeled' and 'meticulously designed' renovation, as explicitly stated in the listing and visually confirmed by the images. The kitchen features 'state-of-the-art appliances, custom finishes, and sleek quartz countertops,' appearing brand new and modern. Bathrooms are 'spa-inspired' with freestanding tubs, dual vanities, and contemporary tile work, indicating a recent high-end upgrade. The overall aesthetic, including hardwood flooring and modern light fixtures, suggests a comprehensive renovation within the last 5 years, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Great Schools: 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).
Panoramic Ocean Views: The property offers 'breathtaking' and 'uninterrupted views of the ocean' from main living areas and the primary suite, significantly enhancing its appeal and value.
Extensive & Modern Remodel: Described as a 'fully remodeled coastal gem' with 'meticulously designed living space' and 'high-end finishes,' indicating a move-in ready, luxurious interior.
Gourmet Chef's Kitchen: Features a 'culinary dream' kitchen with 'state-of-the-art appliances, custom finishes, sleek quartz countertops,' appealing to discerning buyers.
Luxury Amenities & Layout: Includes a dry sauna, spacious playroom, and a spa-inspired primary suite with a freestanding tub and custom walk-in closet, offering enhanced comfort and lifestyle.
Prime Location & School District: Situated in a 'prestigious Rancho Palos Verdes neighborhood' within the 'award-winning Palos Verdes Unified School district,' with easy access to amenities.

Cons

Significant Price Discrepancy & Reduction: The current list price ($3.25M) is considerably higher than the property's estimated value ($2.56M), and it has undergone a price reduction from its original listing ($3.499M), potentially indicating overpricing or market resistance.
Absence of an Existing Pool: While the backyard offers space for an 'outdoor oasis,' the lack of an existing swimming pool may be a drawback for luxury buyers expecting this amenity in a Southern California market.
No Mention of Central Air Conditioning: The property description does not specify a cooling system, which could be a missing comfort feature for a luxury home of this size and caliber, especially during warmer months.

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