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5601 Whitecliff Drive, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 5 bed, 3 bath

5601 Whitecliff Drive, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE UNDER CONTRACT$1,795,000
5601 Whitecliff Drive, Rancho Palos Verdes, California 90275
5Beds
3Baths
2,468Sqft
11,360Lot

Price Vs. Estimate

The estimated value ($1,979,806.235) is $184,806.235 (10%) higher than the list price ($1,795,000). This property may be underpriced.

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 = 11360, living area = 2468.
Top Cons:
Requires Cosmetic Upgrades: The property explicitly states a need for cosmetic upgrades, indicating an immediate investment will be required for aesthetic improvements to meet contemporary design preferences.

Compared to the nearby listings

Price:$1.79M vs avg $1.90M ($-105,000)40%
Size:2,468 sqft vs avg 2,396 sqft54%
Price/sqft:$727 vs avg $79133%

More Insights

Built in 1965 (60 years old).
Condition: Built in 1965, this home is well-maintained for its age with some positive updates like double-pane windows and updated flooring in the main living room, along with solar panels. However, the kitchen and all bathrooms are significantly dated with original or older cabinets, countertops, appliances, and fixtures, requiring substantial cosmetic upgrades and renovation to meet current standards. Popcorn ceilings are also present throughout. While functional, these key areas show clear signs of being outdated, aligning with the 'Fair' condition criteria.
Year Built
1965
Close
-
List price
$1.79M
Original List price
$1.79M
Price/Sqft
$727
HOA
-
Days on market
-
Sold On
-
MLS number
SB25259472
Home ConditionFair
Features
Good View: Neighborhood, Ocean
Deck
Pool
Spa
Patio
ViewNeighborhood, Ocean

About this home

Amazing opportunity! Rare 5-bedroom pool home tucked at the end of a quiet cul-de-sac in the desirable Mesa Palos Verdes neighborhood of Rancho Palos Verdes. This spacious 2,468 sq. ft. residence sits on an expansive 11,360 sq. ft. lot offering privacy, a large flat backyard, and excellent outdoor living potential. Inside, the home features a bright kitchen with double-pane windows, generously sized living and dining areas with a brick fireplace, and updated flooring in the main living room. Sliding doors open to the backyard oasis with a sparkling pool, patio space, mature landscaping, and plenty of room to expand or design your ideal outdoor retreat. Home needs some cosmetic upgrades however in overall great condition. Additional highlights include solar panels, five true bedrooms, and an attached two-car garage, providing flexible space for work, guests, fitness, or hobbies. Has some ocean view off of the front of the house. Conveniently located near award-winning Palos Verdes schools, parks, shopping, trails, and the scenic coastline. A great opportunity to update, remodel, or reimagine a solid home in one of RPV’s most sought-after neighborhoods.

Condition Rating
Fair
Built in 1965, this home is well-maintained for its age with some positive updates like double-pane windows and updated flooring in the main living room, along with solar panels. However, the kitchen and all bathrooms are significantly dated with original or older cabinets, countertops, appliances, and fixtures, requiring substantial cosmetic upgrades and renovation to meet current standards. Popcorn ceilings are also present throughout. While functional, these key areas show clear signs of being outdated, aligning with the 'Fair' condition criteria.
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 = 11360, living area = 2468.
Desirable Location & Privacy: Situated at the end of a quiet cul-de-sac in the sought-after Mesa Palos Verdes neighborhood, offering privacy and convenient access to award-winning schools, parks, shopping, and the scenic coastline.
Expansive Lot & Outdoor Oasis: Features a large, flat 11,360 sq. ft. lot with a sparkling pool, patio space, and mature landscaping, providing excellent potential for outdoor living, entertainment, and future expansion.
Generous Living Space: A spacious 2,468 sq. ft. residence with five true bedrooms and three bathrooms, offering ample room for a large family, guests, or flexible use areas like home offices or fitness rooms.
Ocean View & Energy Efficiency: Boasts some ocean views from the front of the house and includes solar panels, enhancing aesthetic appeal and contributing to reduced energy costs.
Solid Foundation for Customization: Described as being in overall great condition, this property presents a robust base for buyers to update, remodel, and personalize to their specific tastes and modern standards.

Cons

Requires Cosmetic Upgrades: The property explicitly states a need for cosmetic upgrades, indicating an immediate investment will be required for aesthetic improvements to meet contemporary design preferences.
Dated Interior Elements: Built in 1965, despite some updated flooring and double-pane windows in the kitchen, the home likely retains original elements that may not align with modern buyer expectations, necessitating further renovation.
Potential for Extensive Renovation: While in 'overall great condition,' the emphasis on an 'opportunity to update, remodel, or reimagine' suggests that achieving a fully modernized standard could involve substantial financial outlay beyond simple cosmetic fixes.

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