
Rancho Palos Verdes, California 90275
This Iconic Mid-Century Coastal Estate is a Strong Value Opportunity, listed at $4,299,000—positioned well below the $4,672,563 Fair Market Value by 7%. This valuation gap offers $373,563 in Instant Equity for the discerning buyer. Rebuilt in 2009, the residence maintains a Good Condition Rating and features unobstructed panoramic ocean views and a rare architectural pedigree. Situated within the prestigious Palos Verdes Peninsula Unified School District, this property combines lifestyle luxury with significant financial upside. It is perfectly suited for Owner-Occupants or Savvy Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43 Oceanaire Drive Subject | $4,299,000* List Price | 4 | 5 | 4,992 | $936 | - |
A 8 Burrell Lane Active | $3,600,000 List Price | 4 | 3 | 3,428 | $1,050 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was completely rebuilt from the studs in 2009, featuring high-end mid-century modern architecture and premium materials like Palos Verdes stone. While the renovation is approximately 15 years old, the home remains in move-in ready condition with modern bathroom fixtures, recessed lighting, and well-maintained systems. It fits the 'Good' criteria as a well-maintained property renovated within the 5 to 15-year range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47716, living area = 4992.
The property offers breathtaking, floor-to-ceiling views of the Pacific Ocean, Catalina Island, and crashing whitewater, creating a rare and immersive coastal living experience.
Originally designed by Dana Andrews and rebuilt from the studs in 2009, this mid-century masterpiece combines historical significance with high-end modern craftsmanship.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4992, other record living area = 4113. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
At this luxury price point, the absence of a finished swimming pool may be a drawback, even though the koi pond offers potential for conversion.
The extensive use of natural stone and the maintenance of a large koi pond require specialized care and potentially higher-than-average upkeep costs.
Experience elevated coastal living in this rare, one of a kind mid-century architectural masterpiece set atop solid bedrock with unobstructed panoramic views stretching from crashing whitewater to Catalina Island. This iconic 1962 residence, originally designed and built by acclaimed actor and former Screen Actors Guild president Dana Andrews, offers a remarkable blend of timeless design, privacy, and enduring prestige. Completely reimagined and rebuilt in 2009, the home was taken down to the studs and reconstructed with exceptional craftsmanship, seamlessly marrying mid-century character with modern luxury. Walls of glass frame the Pacific Ocean, flooding the interiors with natural light and creating the extraordinary sensation of floating above the sea, where sunrise coffees and sunset evenings become part of everyday life. Designed for both grand entertaining and intimate living, the home features four spacious bedrooms and five beautifully appointed baths. A stylish game room adds a relaxed social space, while a versatile garden room or creative studio offers endless flexibility. An additional large storage room can easily become a wine cellar, wellness retreat, gym or playroom. The three-car garage includes a generous work area, ideal for collectors, hobbyists, or those who value space and organization. It is also has plumbing in the lower level for a jacuzzi and or a cold plunge. Signature Palos Verdes stone, quarried directly from the property, is thoughtfully integrated throughout the home, grounding the architecture in a natural, organic elegance that is increasingly rare. Outdoors, a serene pond enhances the tranquil setting and can be converted into a custom pool if desired. This is more than a home, it is a private coastal sanctuary, a piece of architectural history, and a truly irreplaceable offering for the buyer seeking breathtaking views, architectural significance, and refined Southern California living. Please see the link for video.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 88% |
| Square foot | 4,992 | 2,504 | 96% |
| Lot Size | 47,716 | 11,053 | 98% |
| Price | $4.30M | $1.93M | 97% |
| Price per sq ft | $861 | $773 | 67% |
| Built year | 1962 | 1965 | 36% |
| HOA | $100.0 | $0 | 87% |
| Days on market | 72 | 201 | 12% |
Feb 9, 2026
$4,299,000
Initial Listing
Sep 24, 2008
$2,025,000
Public Record