
Rancho Palos Verdes, California 90275
This mid-century architectural High-Potential Investment Opportunity is listed at a List Price of $1,095,000, positioned well below the $1,096,865 Fair Market Value by 0.17%. Featuring a Condition Rating of 5, the property requires significant modernization to reach its full potential. The expansive 39,789 sqft lot and unique design by Norwood Teague offer rare historical value. This is an ideal acquisition for Value-Add Investors or Owner-Occupants capable of managing a comprehensive renovation within the prestigious Portuguese Bend community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34 Sweetbay Subject | $1,095,000* List Price | 3 | 2 | 1,867 | $588 | - |
A 1 Thyme Active | $1,200,000 List Price | 5 | 4 | 2,000 | $600 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 with no evidence of major renovations, this property is over 70 years old. While well-preserved, the bathroom features original laminate and dated fixtures, and the overall interior (wood paneling, older carpeting) and cracked driveway indicate the home needs a full rehab of systems and finishes to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39789, living area = 1867.
Designed by acclaimed architect Norwood Teague, this mid-century modern residence features unique handcrafted woodwork, custom cabinetry, and a signature central courtyard that offers rare historical and artistic value.
Situated on a nearly one-acre lot (39,789 sqft) in the exclusive Portuguese Bend community, the property provides exceptional privacy, mature landscaping, and access to private beach club and equestrian amenities.
Located within the Portuguese Bend area, the property is subject to known land movement risks, which can complicate traditional financing, insurance options, and long-term maintenance requirements.
While meticulously maintained in its original 1954 state, the home likely requires significant capital investment to update infrastructure, systems, and finishes to meet contemporary luxury standards.
Perched in the highly sought after Portuguese Bend community of Rancho Palos Verdes, this extraordinary mid century residence offers a rare opportunity to own a true piece of California architectural history. Designed by acclaimed architect Norwood Teague, M.A. in Architecture from USC, this one of a kind home reflects a timeless philosophy where architecture and nature exist in perfect harmony. At the heart of the home is a remarkable courtyard centered around a mature pepper tree, thoughtfully incorporated into the original design and serving as the backdrop for generations of cherished family memories, celebrations, and gatherings. Every space throughout the home reflects exceptional craftsmanship, with custom built cabinetry, handcrafted furniture, sculptural woodwork, and artistic details personally created by the home’s original architect. The residence has been lovingly maintained by the same family for decades, preserving its authentic character while showcasing an extraordinary collection of art and artifacts gathered during years of international service with the Peace Corps throughout Asia. Rich architectural details, warm natural materials, abundant natural light, and seamless indoor outdoor living create a home that is both inspiring and inviting. Beyond the property itself lies one of Southern California’s most unique coastal communities. Portuguese Bend is known for its spectacular ocean views, rolling hillsides, equestrian trails, private beach club, and close knit neighborhood spirit. Residents enjoy a lifestyle unlike any other, where neighbors come together to support one another, tend community gardens, share fresh produce and eggs, and preserve the special character that has defined Portuguese Bend for generations. This is more than a home. It is a legacy property offering an exceptional blend of architectural significance, natural beauty, and an unmatched sense of community. A truly once in a generation opportunity to own one of Portuguese Bend’s most meaningful residences.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,867 | 2,320.5 |
| Lot Size | 39,789 | 10,823.5 |
| Price | $1.09M | $1.90M |
| Price per sq ft | $587 | $799 |
| Built year | 1954 | 1963 |
| HOA | $1380.0 | $700 |
| Days on market | 26 | 57 |
Jun 26, 2026
$1,095,000
Initial Listing