4060 Via Opata, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 6 bed, 4 bath
ACTIVE UNDER CONTRACT$1,900,000
4060 Via Opata, Palos Verdes Estates, California 90274
6Beds
4Baths
2,947Sqft
23,229Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Land Value & Size: One of the largest and most secluded parcels of land (23,229 sqft) in the desirable Valmonte neighborhood, offering significant potential for a custom build.
Top Cons:
Uninhabitable Existing Structure: The current 1958-built structure is not habitable and requires a complete renovation or demolition, representing a substantial additional cost and project for the buyer.
Compared to the nearby listings
Price:$1.90M vs avg $2.51M ($-610,000)13%
Size:2,947 sqft vs avg 2,830.5 sqft55%
Price/sqft:$645 vs avg $9808%
More Insights
Built in 1958 (67 years old).
Condition: The property was built in 1958, making the existing structure over 50 years old. The listing description explicitly states that the 'existing structure is not currently habitable, and would need a complete renovation' and that the property is 'being sold for land value.' This indicates the structure is beyond repair and its value is solely based on the land, aligning perfectly with the 'tear-down' criteria. No interior images are provided, but the description's explicit statement about habitability and land value overrides the need for such details.
Year Built
1958
Close
-
List price
$1.9M
Original List price
$2.3M
Price/Sqft
$645
HOA
-
Days on market
-
Sold On
-
MLS number
PV25184967
Home ConditionTear down
Features
View-
About this home
This property is being sold for land value. One of the largest and most secluded parcels of land in the Valmonte neighborhood. The existing structure is not currently habitable, and would need a complete renovation. Located adjacent to the PV Horse Stables and riding trails.
Nearby schools
8/10
Riviera Elementary School
Public,•K-5•1.0mi
8/10
Edward J. Richardson Middle School
Public,•6-8•1.0mi
9/10
Palos Verdes Intermediate School
Public,•6-8•3.0mi
9/10
South High School
Public,•9-12•1.1mi
8/10
Palos Verdes High School
Public,•9-12•3.3mi
Condition Rating
Tear down
The property was built in 1958, making the existing structure over 50 years old. The listing description explicitly states that the 'existing structure is not currently habitable, and would need a complete renovation' and that the property is 'being sold for land value.' This indicates the structure is beyond repair and its value is solely based on the land, aligning perfectly with the 'tear-down' criteria. No interior images are provided, but the description's explicit statement about habitability and land value overrides the need for such details.
Pros & Cons
Pros
Exceptional Land Value & Size: One of the largest and most secluded parcels of land (23,229 sqft) in the desirable Valmonte neighborhood, offering significant potential for a custom build.
Prime Palos Verdes Estates Location: Situated in the prestigious Palos Verdes Estates, a highly sought-after city and neighborhood known for its quality of life and exclusivity.
Unique Equestrian Access: Direct adjacency to the PV Horse Stables and riding trails provides a rare and desirable lifestyle amenity for equestrian enthusiasts.
Secluded & Private Setting: The substantial parcel size contributes to a private and tranquil environment, offering a sense of seclusion within the neighborhood.
Top-Rated School District: Located within the highly-regarded Palos Verdes Peninsula Unified School District, a significant draw for families.
Cons
Uninhabitable Existing Structure: The current 1958-built structure is not habitable and requires a complete renovation or demolition, representing a substantial additional cost and project for the buyer.
Sold for Land Value Only: The property is explicitly sold for land value, indicating that the existing structure holds no intrinsic value in the purchase price and will likely be a complete tear-down.
Lack of Views: The property description indicates 'view:None,' which can be a significant detractor in a view-centric market like Palos Verdes Estates.