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8 Clipper Road, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 5 bed, 3 bath

8 Clipper Road, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$1,890,000
8 Clipper Road, Rancho Palos Verdes, California 90275
5Beds
3Baths
2,791Sqft
11,202Lot

Price Vs. Estimate

The estimated value ($1,890,000) is $0 (0%) lower than the list price ($1,890,000). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Ocean Views & Coastal Access: The property boasts breathtaking panoramic views of Catalina Island and the Pacific Ocean from multiple areas, complemented by direct access to coastal hiking trails and beaches, offering an unparalleled coastal lifestyle.
Top Cons:
Age of Property: Built in 1960, the property's underlying structure and potentially some systems (e.g., plumbing, electrical) may be original or older, despite recent cosmetic and kitchen/bath updates, which could lead to future maintenance considerations.

Compared to the nearby listings

Price:$1.89M vs avg $1.90M ($-10,000)49%
Size:2,791 sqft vs avg 2,396 sqft68%
Price/sqft:$677 vs avg $79124%

More Insights

Built in 1960 (65 years old).
Condition: Despite being built in 1960, the property has undergone a 'beautifully updated' and extensive renovation, as evidenced by the 'modern chef’s kitchen with quartz countertops, high-end appliances,' 'wide-plank wood floors,' and 'spa-inspired primary suite.' The images confirm a contemporary aesthetic with new or virtually new components throughout, including modern light fixtures, a sleek fireplace, and pristine finishes, indicating a full renovation within the last 5 years.
Year Built
1960
Close
-
List price
$1.89M
Original List price
$2.14M
Price/Sqft
$677
HOA
$330
Days on market
-
Sold On
-
MLS number
TR25130633
Home ConditionExcellent
Features
Excellent View: Catalina, Mountain(s), Ocean
Patio
ViewCatalina, Mountain(s), Ocean

About this home

Welcome to 8 Clipper Road – A Coastal Retreat in Abalone Cove Experience elegant coastal living in this beautifully updated 5-bedroom, 2.5-bathroom home in the coveted Abalone Cove neighborhood. Offering 2,791 sq ft of living space on an 11,202 sq ft lot, this home boasts breathtaking panoramic views of Catalina Island and a relaxed, yet refined lifestyle. Property Highlights: • Ocean and Catalina Island views from multiple areas of the home • Bright, open floor plan with high ceilings and large windows • Wide-plank wood floors and a custom stone fireplace • Modern chef’s kitchen with quartz countertops, high-end appliances, and an oversized center island • Spa-inspired primary suite with walk-in shower and soaking tub • Spacious walk-in closet • Ocean-view patio ideal for relaxing or entertaining • Lower-level sport pad for recreation and play • Mature fruit trees and peaceful garden setting • Steps from coastal hiking trails and beaches • Close to Terranea Resort and Golden Cove Center (Trader Joe’s, Starbucks, and more) • Located in the award-winning Palos Verdes Peninsula School District Come experience the perfect blend of luxury, comfort, and lifestyle at 8 Clipper Road—where every day feels like a coastal escape.

Price History

Date
Event
Price
09/20/24
Sold
$1,590,000
09/18/24
Sold
$1,475,000
Condition Rating
Excellent
Despite being built in 1960, the property has undergone a 'beautifully updated' and extensive renovation, as evidenced by the 'modern chef’s kitchen with quartz countertops, high-end appliances,' 'wide-plank wood floors,' and 'spa-inspired primary suite.' The images confirm a contemporary aesthetic with new or virtually new components throughout, including modern light fixtures, a sleek fireplace, and pristine finishes, indicating a full renovation within the last 5 years.
Pros & Cons

Pros

Panoramic Ocean Views & Coastal Access: The property boasts breathtaking panoramic views of Catalina Island and the Pacific Ocean from multiple areas, complemented by direct access to coastal hiking trails and beaches, offering an unparalleled coastal lifestyle.
Prime Location & Amenities: Situated in the highly sought-after Abalone Cove neighborhood, the home is conveniently close to the prestigious Terranea Resort and essential amenities at Golden Cove Center (Trader Joe’s, Starbucks), enhancing its desirability and convenience.
Award-Winning School District: Located within the esteemed Palos Verdes Peninsula School District, a significant advantage for families prioritizing top-tier educational opportunities.
Extensively Updated Interior: The home features a beautifully updated interior, including a modern chef's kitchen with quartz countertops, high-end appliances, and an oversized island, along with wide-plank wood floors and a spa-inspired primary suite, providing luxury and comfort.
Spacious & Functional Outdoor Living: Offers a generous 11,202 sq ft lot with an ocean-view patio perfect for entertaining, a lower-level sport pad for recreation, and a peaceful garden setting with mature fruit trees.

Cons

Age of Property: Built in 1960, the property's underlying structure and potentially some systems (e.g., plumbing, electrical) may be original or older, despite recent cosmetic and kitchen/bath updates, which could lead to future maintenance considerations.
Ongoing Association Fees: The property incurs a monthly association fee of $330, representing an additional recurring cost that may deter some buyers looking to minimize monthly expenses.
Recent Price Reduction: The property has undergone a significant price reduction from its original list price of $2.138M to $1.89M, which could raise questions for potential buyers regarding its market appeal or initial pricing strategy.

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