30545 Rhone Drive, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 3 bed, 3 bath
ACTIVE UNDER CONTRACT$1,675,000
30545 Rhone Drive, Rancho Palos Verdes, California 90275
3Beds
3Baths
2,376Sqft
16,450Lot
Price Vs. Estimate
The estimated value ($1,792,930.02) is $117,930.02 (7%) higher than the list price ($1,675,000). 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 = 16450, living area = 2376.
Top Cons:
Dated Condition & Renovation Required: Built in 1963 and described as an 'ideal canvas for a contemporary redesign,' indicating the property likely requires significant modernization and renovation to meet current aesthetic and functional standards.
Compared to the nearby listings
Price:$1.68M vs avg $1.90M ($-225,000)34%
Size:2,376 sqft vs avg 2,385 sqft50%
Price/sqft:$705 vs avg $79126%
More Insights
Built in 1963 (62 years old).
Condition: Built in 1963 and owned by one family for 45 years, the property is explicitly described as an 'ideal canvas for a contemporary redesign' and having a 'Dated Condition & Renovation Required.' The kitchen features very old wood cabinets, dated countertops, and appliances (especially the double wall oven) that are likely original or from the 70s/80s, requiring a full renovation. The main bathroom also shows a very dated vanity, lighting, and finishes. While one shower appears to have been updated, the overall interior, including popcorn ceilings, old carpeting, and dated light fixtures, indicates a need for substantial rehabilitation and modernization. The listing also notes 'Potential for Outdated Systems,' reinforcing the need for significant investment beyond minor updates.
Year Built
1963
Close
-
List price
$1.68M
Original List price
$1.68M
Price/Sqft
$705
HOA
-
Days on market
-
Sold On
-
MLS number
SB25266623
Home ConditionPoor
Features
Excellent View: Catalina, Ocean
Deck
ViewCatalina, Ocean
About this home
Welcome to an exceptional investment opportunity with iconic views and a prestigious Rancho Palos Verdes setting! Owned by one family for 45 years, this 3-bedroom, 3-bath Rancho Palos Verdes home sits on an elevated lot offering excellent panoramic ocean views! Enjoy unspeakable sunrise and sunset vistas over Catalina Island from multiple rooms and outdoor spaces! Expansive windows and an open floor plan create an ideal canvas for a contemporary redesign! Whether modernized for personal enjoyment or upgraded as an investment, this property offers exceptional value and an unbeatable coastal setting on a highly desirable cul-de-sac street! Conveniently located near shopping mall, award-winning Palos Verdes Peninsula schools, parks, golf courses, hiking trails, Terranea Resort, restaurants and nearby bluffs and beaches! DON'T MISS THIS ONE!!!
Nearby schools
9/10
Point Vicente Elementary School
Public,•K-5•1.1mi
9/10
Vista Grande Elementary School
Public,•K-5•1.4mi
9/10
Ridgecrest Intermediate School
Public,•6-8•1.2mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•2.1mi
8/10
Palos Verdes High School
Public,•9-12•2.6mi
Condition Rating
Poor
Built in 1963 and owned by one family for 45 years, the property is explicitly described as an 'ideal canvas for a contemporary redesign' and having a 'Dated Condition & Renovation Required.' The kitchen features very old wood cabinets, dated countertops, and appliances (especially the double wall oven) that are likely original or from the 70s/80s, requiring a full renovation. The main bathroom also shows a very dated vanity, lighting, and finishes. While one shower appears to have been updated, the overall interior, including popcorn ceilings, old carpeting, and dated light fixtures, indicates a need for substantial rehabilitation and modernization. The listing also notes 'Potential for Outdated Systems,' reinforcing the need for significant investment beyond minor updates.
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 = 16450, living area = 2376.
Great Schools: Elementary School: Point Vicente Elementary School (9/10). Middle School: Ridgecrest Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Panoramic Ocean & Catalina Views: The property boasts excellent panoramic ocean views, including unspeakable sunrise and sunset vistas over Catalina Island from multiple rooms and outdoor spaces, significantly enhancing its appeal.
Prime Location & Desirable Neighborhood: Situated in a prestigious Rancho Palos Verdes setting on a highly desirable cul-de-sac street, offering convenient access to shopping, award-winning schools, parks, golf courses, hiking trails, Terranea Resort, restaurants, and beaches.
Significant Investment & Redesign Potential: Presented as an exceptional investment opportunity and an ideal canvas for a contemporary redesign, offering substantial value for buyers looking to modernize for personal enjoyment or as an upgrade project.
Award-Winning School District: Located within the highly-regarded Palos Verdes Peninsula Unified School District, with several top-rated elementary, middle, and high schools nearby.
Generous Lot Size: The property sits on a substantial 16,450 sqft elevated lot, providing ample outdoor space and contributing to the panoramic views.
Cons
Dated Condition & Renovation Required: Built in 1963 and described as an 'ideal canvas for a contemporary redesign,' indicating the property likely requires significant modernization and renovation to meet current aesthetic and functional standards.
Potential for Outdated Systems: Given its 1963 construction, major systems such as plumbing, electrical, and HVAC are likely original or aged, potentially necessitating costly upgrades or replacements in the near future.
Long-Term Ownership Implies Lack of Recent Updates: Owned by one family for 45 years, which often suggests that the property may not have received significant contemporary updates or renovations in recent decades, reinforcing the need for a comprehensive overhaul.