32701 Via Palacio, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 4 bed, 5 bath

32701 Via Palacio, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$2,250,000
32701 Via Palacio, Rancho Palos Verdes, California 90275
4Beds
5Baths
3,890Sqft
4,912Lot

Price Vs. Estimate

The estimated value ($2,246,813.01) is $3,186.99 (0%) lower than the list price ($2,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Neighborhood: Nestled in a serene cul-de-sac within the meticulously maintained Vista Pacifica PUD, offering immediate access to the 5-star Terranea Resort, golf course, Terranea Trail, and a park ideal for whale watching.
Top Cons:
High Association Fees: The monthly association fee of $498 is a significant ongoing cost that potential buyers must factor into their budget.

Compared to the nearby listings

Price:$2.25M vs avg $1.90M (+$350,000)66%
Size:3,890 sqft vs avg 2,396 sqft89%
Price/sqft:$578 vs avg $7918%

More Insights

Built in 1984 (41 years old).
Condition: Built in 1984, this property is well-maintained but shows its age through dated styles. The kitchen features updated stainless steel appliances and granite countertops, but the cabinet style, tile backsplash, and flooring are from an earlier era (likely 15-30 years ago). Bathrooms also present dated vanities, tile, and a sunken tub, along with some older light fixtures. While functional and clean, the aesthetic requires minor updates to meet current design standards.
Year Built
1984
Close
-
List price
$2.25M
Original List price
$2.49M
Price/Sqft
$578
HOA
$498
Days on market
-
Sold On
-
MLS number
OC24140780
Home ConditionFair
Features
Good View: Neighborhood, Ocean
Patio
ViewNeighborhood, Ocean

About this home

Welcome to this exquisite property nestled at the top of a serene cul-de-sac in the quiet neighborhood of Vista Pacifica, a meticulously maintained Planned Unit Development. Just minutes from the world-renowned 5-star Terranea Resort and golf course, residents enjoy easy access to the breathtaking Terranea Trail, a 1.9-mile path celebrated for its birdwatching, hiking, and running opportunities. This home offers the perfect blend of luxury and comfort, beginning with its double door formal entry leading into an ocean-view living room, ideal for relaxing next to your cozy fireplace or entertaining guests and the dining room space provides for either family or formal gatherings. The large cook's kitchen boasts granite countertops, a center island, and a cozy kitchen nook, while the adjacent spacious family room features a fireplace, wet bar and French doors that open to a private brick patio. With 4 ensuite bedrooms, including one on the lower level with its own separate entrance, this residence caters perfectly to guests or a home office setup. The primary bedroom is a true retreat, complete with a private fireplace, two walk-in closets, a sunken tub, and two separate vanities. Additional home features include dual A/C, dual heating, two water heaters, a 3-car garage, and an extra-large bonus storage room/area. Outside, residents can unwind at the park across the street, perfect for whale watching or simply enjoying the tranquil surroundings. The community of Vista Pacifica enhances the lifestyle with amenities such as 2 pools/spa and tennis courts, offering opportunities for recreation and relaxation right at your doorstep. This property represents the epitome of coastal living combined with the convenience of a well-appointed neighborhood and proximity to resort amenities. Discover your oasis in Vista Pacifica today!

Price History

Date
Event
Price
01/06/98
Sold
$570,000
09/04/14
Sold
$1,500,000
Condition Rating
Fair

Built in 1984, this property is well-maintained but shows its age through dated styles. The kitchen features updated stainless steel appliances and granite countertops, but the cabinet style, tile backsplash, and flooring are from an earlier era (likely 15-30 years ago). Bathrooms also present dated vanities, tile, and a sunken tub, along with some older light fixtures. While functional and clean, the aesthetic requires minor updates to meet current design standards.
Pros & Cons

Pros

Prime Location & Neighborhood: Nestled in a serene cul-de-sac within the meticulously maintained Vista Pacifica PUD, offering immediate access to the 5-star Terranea Resort, golf course, Terranea Trail, and a park ideal for whale watching.
Desirable Ocean Views: Features an ocean-view living room and opportunities for whale watching from the nearby park, significantly enhancing the property's appeal and value.
Versatile & Luxurious Layout: Boasts 4 ensuite bedrooms, including a lower-level suite with a separate entrance for guests or office, a large cook's kitchen with granite countertops and a center island, and a primary retreat with a private fireplace, dual walk-in closets, and a sunken tub.
Extensive Home Features: Equipped with dual A/C, dual heating, two water heaters, a 3-car garage, an extra-large bonus storage room, multiple fireplaces, and a wet bar, providing superior comfort and convenience.
Exclusive Community Amenities: Residents benefit from access to Vista Pacifica's community amenities, including two pools/spa and tennis courts, fostering a resort-like lifestyle right at their doorstep.

Cons

High Association Fees: The monthly association fee of $498 is a significant ongoing cost that potential buyers must factor into their budget.
Smaller Lot Size: With a lot size of 4912 sqft for a 3890 sqft home, the private outdoor space is relatively limited, which may not appeal to buyers seeking an expansive yard.
Price Reduction History: The property has undergone a notable price reduction from $2.488M to $2.25M, which could indicate an initial overpricing or extended market time, potentially raising questions for prospective buyers.

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