7 Cinnamon Lane, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 3 bed, 2 bath

7 Cinnamon Lane, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$1,680,000
7 Cinnamon Lane, Rancho Palos Verdes, California 90275
3Beds
2Baths
2,207Sqft
25,314Lot

Price Vs. Estimate

The estimated value ($1,264,731.985) is $415,268.015 (24%) lower than the list price ($1,680,000). 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 = 25314, living area = 2207.
Top Cons:
Significant Price Overestimation: The current listing price is 24% above the estimated property value, which may challenge buyer interest and negotiation flexibility in the market.

Compared to the nearby listings

Price:$1.68M vs avg $1.90M ($-220,000)34%
Size:2,207 sqft vs avg 2,383 sqft39%
Price/sqft:$761 vs avg $79142%

More Insights

Built in 1950 (75 years old).
Condition: Despite being built in 1950, this property has undergone extensive, high-quality renovations that bring it to an excellent standard. The chef's kitchen boasts top-tier Viking appliances, exquisite Paradiso Granite counters, and solid maple cabinetry with modern soft-close drawers, all appearing virtually new in the images. The Japanese-inspired steam shower features etched glass, black walnut cabinets, and teakwood doors, along with German-engineered Grohe fixtures, indicating a luxurious and recently updated bathroom. Modern amenities like a tankless water heater further support its updated condition. The overall meticulous craftsmanship and high-end finishes throughout the property, as described and shown in the images, align with a fully renovated home meeting current quality standards.
Year Built
1950
Close
-
List price
$1.68M
Original List price
$1.68M
Price/Sqft
$761
HOA
$1,380
Days on market
-
Sold On
-
MLS number
PV25063858
Home ConditionExcellent
Features
Good View: Ocean, Trees/Woods
Deck
ViewOcean, Trees/Woods

About this home

Nestled in lush gardens with mature trees and expansive grassy areas, this architectural masterpiece is a stunning fusion of Japanese design and mid-century modern aesthetics. Situated on a rare half-acre lot, the home is built on a double foundation with extra-thick cement. Inside, every detail reflects meticulous craftsmanship. Solid bleached vertical grain white oak doors feature custom Rosewood knobs, while the chef’s kitchen boasts top-tier Viking appliances, a multi-burner cooktop with grill, and exquisite Paradiso Granite counters with Braun steel soft-close drawers. Solid maple cabinetry adds warmth, complemented by 8” x 8” Spanish tile flooring in the kitchen and hallway. Designed for seamless indoor-outdoor living, the estate offers expansive decks crafted from premium wood, free of knots, creating a tranquil retreat in nature. The Japanese-inspired steam shower features etched Reed pattern glass doors, black walnut-framed cabinets, and teakwood doors, elevating the spa-like experience. Rich in history, this estate was once the heart of Vanderlip Estate gatherings in the 1930s, hosting Hollywood legends like Clark Gable. The grounds include one of the world’s largest olive trees, with a 60-foot spread, famously used in Vanderlip’s Christmas photos. Modern luxuries include German-engineered Grohe fixtures, a tankless water heater with a circulating pump, and an on-site propane tank. This extraordinary estate is a true paradise, where timeless architecture meets natural beauty.

Condition Rating
Excellent

Despite being built in 1950, this property has undergone extensive, high-quality renovations that bring it to an excellent standard. The chef's kitchen boasts top-tier Viking appliances, exquisite Paradiso Granite counters, and solid maple cabinetry with modern soft-close drawers, all appearing virtually new in the images. The Japanese-inspired steam shower features etched glass, black walnut cabinets, and teakwood doors, along with German-engineered Grohe fixtures, indicating a luxurious and recently updated bathroom. Modern amenities like a tankless water heater further support its updated condition. The overall meticulous craftsmanship and high-end finishes throughout the property, as described and shown in the images, align with a fully renovated home meeting current quality standards.
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 = 25314, living area = 2207.
Architectural & Historical Significance: The property boasts a unique fusion of Japanese and mid-century modern design, coupled with a rich history as a former Vanderlip Estate gathering place for Hollywood legends.
Gourmet Kitchen & Premium Finishes: Features a chef's kitchen equipped with top-tier Viking appliances, Paradiso Granite counters, custom cabinetry, and meticulous craftsmanship evident in solid white oak doors with custom Rosewood knobs.
Expansive & Landscaped Grounds: Situated on a rare half-acre lot, the estate offers lush gardens, mature trees, and a historic 60-foot olive tree, creating a private and serene outdoor oasis.
Indoor-Outdoor Living & Spa Amenities: Designed for seamless indoor-outdoor living with expansive, knot-free premium wood decks and a luxurious Japanese-inspired steam shower, enhancing the tranquil retreat experience.
Robust Construction & Modern Efficiencies: Built on a double foundation with extra-thick cement for superior structural integrity, and includes modern amenities such as a tankless water heater and German-engineered Grohe fixtures.

Cons

Significant Price Overestimation: The current listing price is 24% above the estimated property value, which may challenge buyer interest and negotiation flexibility in the market.
Limited Bathroom Count: With only two bathrooms for a 3-bedroom home of this size and luxury caliber, it may not meet the expectations or needs of all potential buyers compared to modern standards.
Potential for Dated Infrastructure: As a 1950-built home, despite aesthetic updates, there's an implied potential for older core systems (e.g., electrical, plumbing, or lack of central air conditioning) that may require future upgrades or maintenance.

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