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5215 Middlecrest Road, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 4 bed, 4 bath

5215 Middlecrest Road, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$3,150,000$2,915/sqft
Est. Value: $2,847,048
-9%
AboveEstimate
5215 Middlecrest Road, Rancho Palos Verdes, California 90275
4Beds
4Baths
2,915Sqft
24,727Lot

Price Vs. Estimate

The estimated value ($2,847,047.77) is $302,952.23 (9%) lower than the list price ($3,150,000). 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 = 24727, living area = 2915.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.

Compared to the nearby listings

Price:$3.15M vs avg $1.90M (+$1,250,000)92%
Size:2,915 sqft vs avg 2,374 sqft74%
Price/sqft:$1.1K vs avg $78992%

More Insights

Built in 1962 (64 years old).
Condition: Despite being built in 1962, the property has undergone extensive, high-quality renovations, particularly in the kitchen and bathrooms. The kitchen features top-of-the-line Viking appliances, modern white cabinetry, marble countertops, and contemporary lighting, appearing virtually new. Most bathrooms are also updated with modern vanities, fixtures, and tiling. Hardwood/LVP flooring, recessed lighting, and fresh paint are consistent throughout the main living areas and bedrooms, presenting a move-in ready, current aesthetic. While the listing notes a lack of central air conditioning and the underlying structure's age, the visible components and finishes meet current quality standards with minimal physical depreciation, indicating a recent and comprehensive renovation.
Year Built
1962
Close
-
List price
$3.15M
Original List price
$3.15M
Price/Sqft
$1,081
HOA
-
Days on market
-
Sold On
-
MLS number
PV25281801
Home ConditionExcellent
Features
Good View: Canyon, Pasture
Deck
Pool
Patio
ViewCanyon, Pasture

About this home

It is hard to find such an elegant home, with loads of curb appeal on a flat half-acre lot, with a guest house and pool, at the end of a quiet cul-de-sac. This gorgeous home offers privacy in a tranquil country setting, featuring a massive yard and a charming one-bedroom, three-quarter-bath guest house, which is perfect for an office or gym. The spacious remodeled cook's kitchen features top-of-the-line appliances, including a 6 burner Viking Range, built-in microwave, double oven, and dishwasher. The kitchen is open to the breakfast area and family room leading to a sunny upper deck. Direct entry from garage through the laundry room. The formal living room has a fireplace, coffered ceilings and hardwood flooring. The entry-level has two bedrooms and three baths, with the lower level featuring a family room, a large wine cellar, fireplace, and two bedrooms with a bath. A separate bathroom with its own entrance is located off the patio and pool area. The backyard paradise has a pool, rolling lawns, and fruit trees. The property backs to the Rolling Hills bridle trail and is ideally located near the Peninsula Center with easy off-the-hill commute via Crenshaw Blvd.

K
Kathy Tyndall
Listing Agent

Price History

Date
Event
Price
03/23/16
Sold
$2,075,000
05/24/07
Sold
$2,300,000
03/21/06
Sold
$2,050,000
03/25/05
Sold
$1,250,000
Condition Rating
Excellent
Despite being built in 1962, the property has undergone extensive, high-quality renovations, particularly in the kitchen and bathrooms. The kitchen features top-of-the-line Viking appliances, modern white cabinetry, marble countertops, and contemporary lighting, appearing virtually new. Most bathrooms are also updated with modern vanities, fixtures, and tiling. Hardwood/LVP flooring, recessed lighting, and fresh paint are consistent throughout the main living areas and bedrooms, presenting a move-in ready, current aesthetic. While the listing notes a lack of central air conditioning and the underlying structure's age, the visible components and finishes meet current quality standards with minimal physical depreciation, indicating a recent and comprehensive renovation.
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 = 24727, living area = 2915.
Exceptional Curb Appeal & Privacy: An elegant home situated on a flat half-acre lot at the end of a quiet cul-de-sac, offering significant privacy and a tranquil country setting.
Versatile Guest House: Includes a charming one-bedroom, three-quarter-bath guest house, providing excellent flexibility for an office, gym, or extended family.
Gourmet Remodeled Kitchen: Features a spacious, remodeled cook's kitchen equipped with top-of-the-line appliances, including a 6-burner Viking Range and double oven.
Resort-Style Backyard Oasis: A 'backyard paradise' boasting a pool, rolling lawns, fruit trees, and a dedicated pool bathroom, ideal for entertaining and relaxation.
Desirable Location & Trail Access: Ideally located near the Peninsula Center with easy off-the-hill commute via Crenshaw Blvd., and direct access to the Rolling Hills bridle trail.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Age of Core Structure: Built in 1962, while the kitchen is remodeled, other parts of the home may retain original features or require updates to meet contemporary tastes and efficiency standards.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback during warmer months in Southern California.
High Maintenance for Large Lot & Pool: The extensive 'massive yard' and pool, while desirable, will require substantial ongoing maintenance, time, and cost, which might not appeal to all buyers.
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