3542 Bendigo Drive, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 4 bed, 2 bath
ACTIVE UNDER CONTRACT$1,699,999
3542 Bendigo Drive, Rancho Palos Verdes, California 90275
4Beds
2Baths
1,934Sqft
12,212Lot
Price Vs. Estimate
The estimated value ($1,636,234.545) is $63,764.455 (3%) lower than the list price ($1,699,999). This property may be overpriced.
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 = 12212, living area = 1934.
Top Cons:
Potential for Updates: Built in 1967, and while described as 'very nice' with a newer roof, the description does not highlight recent interior renovations, suggesting potential for dated finishes or systems that may require significant updates.
Compared to the nearby listings
Price:$1.70M vs avg $1.90M ($-200,001)35%
Size:1,934 sqft vs avg 2,383 sqft24%
Price/sqft:$879 vs avg $79368%
More Insights
Built in 1967 (58 years old).
Condition: Built in 1967, this home is over 50 years old. While it boasts a 'newer roof' and is described as 'very nice,' suggesting good maintenance, the visible dated elements in the living room (e.g., blue carpet, popcorn ceiling, traditional brick fireplace) indicate that major interior renovations, especially in the kitchen and bathrooms, have likely not been undertaken recently. The lack of specific updates for these key areas in the listing details, combined with the property's age, suggests they are functional but outdated and would require significant updates to meet modern standards.
Year Built
1967
Close
-
List price
$1.7M
Original List price
$2.15M
Price/Sqft
$879
HOA
-
Days on market
-
Sold On
-
MLS number
OC25141111
Home ConditionFair
Features
Excellent View: Coastline, Ocean, Water
Patio
ViewCoastline, Ocean, Water
About this home
Stunning Panoramic Ocean View Home that sits on End of a Cul de Sac. This home is located in the Mira Catalina Tract. Lot is Large and is suitable for an ADU or Extended Home Addition. Sit out on back Patio and enjoy the spectacular views. Home is not located in affected slide area's. 4 Bedroom 2 Bathroom floorplan with a Fireplace and Spacious Family room. Long Driveway gives the home's location away from street and a very private feeling. Home has a Newer roof. This is a very nice home situated perfectly on a lovely hillside.
Nearby schools
8/10
Mira Catalina Elementary School
Public,•K-5•0.4mi
4/10
Seventh Street Elementary School
Public,•K-5•1.6mi
8/10
Dapplegray Elementary School
Public,•K-5•5.0mi
8/10
Miraleste Intermediate School
Public,•6-8•1.2mi
4/10
Richard Henry Dana Middle School
Public,•6-8•2.6mi
6/10
San Pedro Senior High School
Public,•9-12•2.4mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•3.5mi
8/10
Palos Verdes High School
Public,•9-12•5.5mi
Condition Rating
Fair
Built in 1967, this home is over 50 years old. While it boasts a 'newer roof' and is described as 'very nice,' suggesting good maintenance, the visible dated elements in the living room (e.g., blue carpet, popcorn ceiling, traditional brick fireplace) indicate that major interior renovations, especially in the kitchen and bathrooms, have likely not been undertaken recently. The lack of specific updates for these key areas in the listing details, combined with the property's age, suggests they are functional but outdated and would require significant updates to meet modern standards.
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 = 12212, living area = 1934.
Great Schools: High School: Palos Verdes Peninsula High School (10/10).
Panoramic Ocean Views: The property offers stunning panoramic ocean, coastline, and water views, a highly sought-after premium feature in Rancho Palos Verdes.
Development Potential: Situated on a large 12,212 sqft lot, the property offers significant potential for an Accessory Dwelling Unit (ADU) or substantial home expansion.
Private Cul-de-Sac Location: Located at the end of a cul-de-sac with a long driveway, ensuring enhanced privacy and reduced traffic noise.
Geological Stability: Explicitly stated as not being in affected slide areas, a critical and reassuring factor for buyers in the Rancho Palos Verdes region.
Top-Rated School Access: Zoned within the Palos Verdes Peninsula Unified School District, with highly-rated elementary (Mira Catalina, 8/10) and high schools (Palos Verdes Peninsula High, 10/10) nearby.
Cons
Potential for Updates: Built in 1967, and while described as 'very nice' with a newer roof, the description does not highlight recent interior renovations, suggesting potential for dated finishes or systems that may require significant updates.
History of Price Reductions: The property has undergone multiple substantial price reductions from its original list price of $2.15M to $1.699M, which could indicate initial overpricing or perceived market challenges.
Limited Bathroom Count: A 4-bedroom home with only 2 bathrooms may be considered insufficient for modern family needs or expectations, especially given the property's size and potential for expansion.