5718 Ravenspur Dr 307, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 2 bed, 2 bath
ACTIVE$639,000
5718 Ravenspur Dr 307, Rancho Palos Verdes, California 90275
2Beds
2Baths
1,348Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Location & Accessibility: Situated in prestigious Rancho Palos Verdes, offering walking distance to Peninsula Center and Peninsula High School, with easy access to South Bay amenities and commutes.
Top Cons:
High Monthly Association Fees: The $717.0 monthly association fee is substantial and could impact affordability and buyer interest, especially for those sensitive to ongoing costs.
Compared to the nearby listings
Price:$639.0K vs avg $785.0K ($-146,000)16%
Size:1,348 sqft vs avg 1,506 sqft20%
Price/sqft:$474 vs avg $53224%
More Insights
Built in 1973 (52 years old).
Condition: Built in 1973, this property has undergone significant updates, particularly in the kitchen and bathrooms, which feature modern white shaker cabinets, granite countertops, stainless steel appliances, and updated tile work and fixtures. The living areas boast clean laminate/engineered wood flooring, and the unit is described as 'move-in condition.' While the popcorn ceilings indicate that it hasn't had a full, top-to-bottom renovation to 'Excellent' standards, the critical and most expensive areas have been tastefully updated, making it highly functional and aesthetically pleasing. This aligns with the 'Good' criteria of being move-in ready with well-maintained systems and substantial updates, even if not a complete recent overhaul.
Year Built
1973
Close
-
List price
$639K
Original List price
$685K
Price/Sqft
$474
HOA
$717
Days on market
-
Sold On
-
MLS number
250020458SD
Home ConditionGood
Features
Deck
ViewCourtyard, Neighborhood
About this home
Located in the prestigious area of Rancho Palos Verdes, walking distance to Peninsula Center and Peninsula High School. Desirable top floor end unit. Very clean, open & spacious living area. Light & bright upgraded kitchen with newer appliances and granite counters, The living room has nice cozy fireplace and large deck overlooking community pool. Light & bright kitchen with breakfast counter. Large dining area, 2 nice-sized bedrooms - Primary has en-suite bathroom and plenty of closet space. Great complex, very well maintained, gated. Underground parking with an elevator. Close to all amenities and easy commute to anywhere in the South Bay. Move in condition & priced to sell!!
Price History
Date
Event
Price
09/29/00
Sold
$236,000
04/18/08
Sold
$400,000
Condition Rating
Good
Built in 1973, this property has undergone significant updates, particularly in the kitchen and bathrooms, which feature modern white shaker cabinets, granite countertops, stainless steel appliances, and updated tile work and fixtures. The living areas boast clean laminate/engineered wood flooring, and the unit is described as 'move-in condition.' While the popcorn ceilings indicate that it hasn't had a full, top-to-bottom renovation to 'Excellent' standards, the critical and most expensive areas have been tastefully updated, making it highly functional and aesthetically pleasing. This aligns with the 'Good' criteria of being move-in ready with well-maintained systems and substantial updates, even if not a complete recent overhaul.
Pros & Cons
Pros
Exceptional Location & Accessibility: Situated in prestigious Rancho Palos Verdes, offering walking distance to Peninsula Center and Peninsula High School, with easy access to South Bay amenities and commutes.
Upgraded & Turnkey Interior: Features a very clean, open, and spacious layout with a light and bright upgraded kitchen, newer appliances, and granite counters, making it move-in ready.
Premium Unit Placement: As a desirable top-floor end unit, it offers enhanced privacy, reduced noise, and potentially more natural light, complemented by a large deck overlooking the community pool.
Secure & Well-Maintained Community: The complex is gated, very well-maintained, and includes convenient amenities like underground parking and an elevator, ensuring a comfortable and secure living environment.
Functional Layout & Desirable Features: Boasts a large dining area, two well-sized bedrooms including a primary suite with an en-suite bathroom and ample closet space, plus a cozy living room fireplace.
Cons
High Monthly Association Fees: The $717.0 monthly association fee is substantial and could impact affordability and buyer interest, especially for those sensitive to ongoing costs.
Building Age: Constructed in 1973, the building is over 50 years old, which, despite unit upgrades, may raise concerns about the age of common area systems and potential for future special assessments.
Recent Price Reduction: The property has seen a significant price reduction from its original list price of $685,000 to $639,000, which might suggest initial overpricing or extended market time, potentially influencing buyer perception.