5929 Coral Place, Playa Vista, California 90094, Playa Vista, 90094 - 4 bed, 4 bath

5929 Coral Place, Playa Vista, California 90094 home-pic-0
ACTIVE$2,700,000
5929 Coral Place, Playa Vista, California 90094
4Beds
4Baths
2,418Sqft
11,287Lot
Year Built
2016
Close
-
List price
$2.7M
Original List price
$2.7M
Price/Sqft
$1,117
HOA
$115
Days on market
-
Sold On
-
MLS number
25546963
Home ConditionExcellent
Features
Good View:
Patio
View

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $2.70M(38th), sqft - 2418(13th), beds - 4(50th), baths - 4(50th).

Exquisite Everly residence on a picturesque walk street offers an exceptional floor plan and beautiful finishes. Located in Playa Vista, this stand-alone home enjoys treetop views and incredible natural light. Thoughtfully designed outdoor spaces in the front and side yards provide perfect spots for relaxing or entertaining. Entering on the ground level, you'll find a versatile flex room that can serve as a den, guest suite, or media room. It includes a wet bar, half bath, and pocket doors that open to a private yard. This level also offers a 2-car private garage with generous storage space. The second floor offers a spacious and open layout encompassing the living area, dining space, and kitchen. A separate room on this level offers the flexibility to serve as a fourth bedroom or office. The kitchen is centered around a beautiful island with ample prep and serving space, complemented by high-end stainless steel appliances. The living area extends to a west-facing balcony, creating a seamless indoor-outdoor living experience. Upstairs, the third level is dedicated to private living quarters, featuring three large bedrooms. The impressive primary suite includes a walk-in closet and a stunning ensuite bathroom with a large walk-in shower. Two additional bedrooms, a full bathroom, and a spacious laundry room with side-by-side appliances complete this floor. Additional highlights include solar panels, built-in speakers, a water softener, and a dedicated third parking space. Ideally located just steps from the Resort fitness center and pool, and close to the shops and restaurants at Runway. No Mello-Roos.

Condition Rating
Excellent

Built in 2016, this property is practically new construction. The images and description confirm high-end, modern finishes throughout, including a gourmet kitchen with top-tier stainless steel appliances (Sub-Zero style fridge, Wolf range), quartz countertops, and stylish cabinetry. Bathrooms are equally impressive with contemporary vanities, large walk-in showers, and a freestanding tub. Flooring, light fixtures, and overall condition show no signs of wear, meeting current quality standards with advanced features like solar panels and built-in speakers.
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 = 11287, living area = 2418.
Modern Construction & Premium Finishes: Built in 2016, this 'Exquisite Everly residence' boasts beautiful finishes throughout, high-end stainless steel appliances, and a stunning primary ensuite bathroom, reflecting contemporary design and quality.
Flexible & Functional Layout: The property features an exceptional floor plan with a versatile ground-level flex room (den, guest suite, or media room) and a separate room on the second floor adaptable as a fourth bedroom or office, catering to diverse living needs.
Prime Location & Community Amenities: Ideally situated on a picturesque walk street in Playa Vista, it offers convenient access to the Resort fitness center and pool, as well as the shops and restaurants at Runway, enhancing lifestyle and desirability.
Cost-Saving & Eco-Friendly Features: Equipped with solar panels and a water softener, and notably free from Mello-Roos taxes, this home offers significant long-term cost savings and environmental benefits.
Ample Parking & Storage: The property includes a private 2-car garage with generous storage space, complemented by a dedicated third parking space, a valuable asset in an urban setting.

Cons

Multi-Level Living: As a multi-story stand-alone home, the property requires navigating stairs between the ground, second, and third levels, which may not appeal to all buyers, particularly those with mobility concerns.
Limited Private Outdoor Space: While offering 'thoughtfully designed outdoor spaces in the front and side yards,' the property does not appear to feature a large, traditional private backyard, which some buyers may desire in a stand-alone home.
HOA Restrictions & Fees: Being part of a master-planned community, the property is subject to Homeowners Association (HOA) rules and fees, which, despite being currently low, can involve restrictions on property modifications and potential future increases.

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