605 Paseo Del Mar, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 6 bed, 9 bath

605 Paseo Del Mar, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$12,999,999
605 Paseo Del Mar, Palos Verdes Estates, California 90274
6Beds
9Baths
6,872Sqft
33,010Lot
Year Built
1970
Close
-
List price
$13M
Original List price
$13M
Price/Sqft
$1,892
HOA
-
Days on market
-
Sold On
-
MLS number
TR25104291
Home ConditionExcellent
Features
Excellent View: Bluff, City Lights, Ocean, Panoramic, Pool, Rocks, Trees/Woods, Water
Deck
Pool
Patio
ViewBluff,City Lights,Ocean,Panoramic,Pool,Rocks,Trees/Woods,Water

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,6 Pros. Rank: price - $13.00M(99th), sqft - 6872(98th), beds - 6(94th), baths - 9(98th).

Chateau Del Mar – Gerard Colcord Oceanfront Estate?6 Beds | 9 Baths | 6,872 Sq Ft | 0.76 Acres | Palos Verdes Estates, CA Presenting Chateau Del Mar, a one-of-a-kind oceanfront masterpiece by renowned architect Gerard Colcord, located on the exclusive west side of Paseo Del Mar in Palos Verdes Estates. This French-inspired estate offers 6,872 sq ft of luxurious living space on a 33,010+ sq ft lot with sweeping panoramic views of the Pacific Ocean, Queen’s Necklace, coastline, and city lights. This 2-story home features 6 bedrooms, 9 bathrooms (6 full + 2 half), and a flexible floor plan ideal for both grand-scale entertaining and intimate living. Interior highlights include a formal entry with a cantilevered staircase, gourmet chef’s kitchen with top-tier appliances, elegant formal dining and living rooms, room, billiard room, den, loft, library, guest/maid quarters, wine cellar, and multiple fireplaces. The spacious primary suite offers ocean views, a private terrace, sitting area, spa-style bath, dual vanities, soaking tub, shower, and generous custom closets. Exterior features include a private gated entrance, 4-car garage + guest parking (15 total spaces), multiple terraces, built-in BBQ, and a large heated pool—all set against a stunning oceanfront backdrop. Mature landscaping and privacy hedges complete the tranquil resort-style setting. Additional amenities: Central air & heat, wood/tile/stone floors, security system, sauna, pantry, utility room, and laundry room. A rare opportunity to own the only oceanfront Colcord estate ever built.

Price History

Date
Event
Price
11/04/05
Sold
$3,400,000
Condition Rating
Excellent

Despite being built in 1970, this 'Chateau Del Mar' estate has undergone extensive, high-quality renovations, particularly evident in the gourmet chef's kitchen with top-tier stainless steel appliances, modern white cabinetry, and high-end finishes, as well as the spa-style bathrooms featuring contemporary fixtures, soaking tubs, and glass-enclosed showers. The property showcases a blend of classic French-inspired architecture with modern luxury interiors. Flooring throughout includes pristine wood, tile, and stone. All visible components appear new or virtually new, meeting current luxury standards with no signs of deferred maintenance or significant physical depreciation. The property is move-in ready and exemplifies a recently and thoroughly updated residence.
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 = 33010, living area = 6872.
Unrivaled Oceanfront Views: The property offers sweeping panoramic views of the Pacific Ocean, Queen’s Necklace, coastline, and city lights from its exclusive oceanfront location on Paseo Del Mar.
Architectural Pedigree & Rarity: Designed by renowned architect Gerard Colcord, this estate is highlighted as a 'one-of-a-kind oceanfront masterpiece' and the only oceanfront Colcord estate ever built, adding significant historical and artistic value.
Expansive & Luxurious Living Space: Boasting 6,872 sq ft of luxurious living space on a 0.76-acre lot, the estate features a gourmet chef’s kitchen with top-tier appliances, a wine cellar, sauna, and a flexible floor plan ideal for grand-scale entertaining.
Exceptional Outdoor Amenities & Privacy: The exterior includes a large heated pool, multiple terraces, a built-in BBQ, mature landscaping, privacy hedges, and a private gated entrance, creating a tranquil, resort-style setting.
Abundant Parking & Guest Quarters: The estate provides ample parking with a 4-car garage and additional guest parking for up to 15 vehicles, alongside dedicated guest/maid quarters, enhancing convenience and hospitality.

Cons

Significant Price Discrepancy: The listing price of $13,000,000 is considerably higher than the estimated property value of $8,640,872 and recent comparable sales in the immediate vicinity, which could impact market appeal and sale duration.
Property Age & Potential for Dated Elements: Built in 1970, despite being a 'masterpiece' with luxurious features, some aspects of the estate's design or infrastructure may not fully align with the latest modern luxury standards or could require future updates.
High Ongoing Maintenance & Operating Costs: As a large, older, luxury oceanfront estate with extensive features like a pool, elaborate landscaping, and multiple specialized rooms, it will likely incur substantial ongoing maintenance, utility, and insurance expenses.

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