Palos Verdes Market Update (1/9/19)
Palos Verdes Real Estate Market Update
JANUARY 9, 2019
Complete and updated information on Palos Verdes area homes for sale and the local housing market.
Palos Verdes Stats
Inventory: 170 active MLS listings in Palos Verdes (-24 from last week)
New listings this week: 19
Newly in escrow this week: 23
New closed sales this week: 18
New price cuts this week: 10
Featured New Listings of the Week
(3br/2ba, 1544 sqft.)
Agent's Description:
As ideal a location and condition for a beautifully updated and remodeled 3 bedroom, 2 bath single story home that rests in a lovely neighborhood within Los Verdes. Immediately upon entry, the home's bright, updated and open floor plan flaunts it's livability along with functionality. The living room was given life and light through it's generously sized French Doors and a plethora of new dual pane windows, a large mantled fire place and over all spacious design. Adjacent and open to the living room this updated kitchen has new cabinets, modern Farm-style fixtures, matching counter tops, brand new appliances, and a large multi purpose island that sits open to the dining room. The home's hardwood floors throughout compliment the fresh paint and desirable touches. Enjoy frequent entertaining utilizing options such as the private backyard, concrete patio and overhead trellis. This renovation equipped the home with a brand new air conditioning system that will make it even more enjoyable during hot California summer days.
List price: $1,248,000
(6br/3ba, 3429 sqft.)
Agent's Description:
This elegant executive home is in pristine condition and ready for it's new lucky owner! Extensively updated with new windows and doors, new a/c, new paint and carpet, new exterior stucco and landscaping, this gorgeous home is ready to be moved into and be enjoyed. Ocean/Catalina views are offered from several rooms and the yard. Large kitchen with family eating area, formal dining room and living room with hardwood floors and vaulted ceilings, and spacious family room with separate billiard room make this an outstanding entertaining home. Fantastic master suite with private office located off of it and remodeled master bath. All bathrooms have been upgraded in a lovely neutral palette. Bedrooms are located both upstairs and downstairs perfect for guests or extended family. Located at the end of a quiet cul-de-sac this home is walking distance to Point Vicente Elementary and Golden Cove Shopping Center. Huge flat backyard with new built in bbq and fire pit. Attached three car garage and new paver driveway. This gorgeous home truly checks all the boxes!
List price: $1,999,000
Notable Sales of the Week
28 Encanto Drive
(3br/2ba, 2112 sqft.)
Agent's Description:
Tucked away in tranquil Montecillo, one of the most desirable neighborhoods in Rolling Hills Estates, this fully remodeled (fully permitted) turn-key home invites comfort and radiates elegance. With 3 bedrooms, 2.5 baths, generous living space, and stylish finishes - you'll enjoy a perfect setting for both relaxing and entertaining. Solid maple floors flow throughout the homes open, airy layout - enjoy gatherings in your dining room or create memories in your generously-sized living room complete with a custom solid travertine carved gas fireplace. The meticulously remodeled kitchen will inspire your inner chef with its rare Namib white marble island, Quartz counter-tops, farmhouse sink, chic back-splash, stainless steel Thermodor Appliances (Refrigerator, 6 Burner Range, Hood Fan, Microwave), large window, and wine chiller. Off the kitchen, you will find large French doors that lead to your patio where you can sit back and enjoy your private outdoor retreat. Down the hall you will discover 3 bright bedrooms; the master complete with ensuite. This home features a brand new roof, designer paint colors inside and out, smooth ceilings, dual-pane windows, central A/C, tankless water heater, custom patio/walk-ways, and a gated dog run. You'll love the convenience of your own laundry, 2-car garage, and a great neighborhood near it all– Award Winning Palos Verdes Schools, Kramer Club, and Rolling Hills Country Club.
Sold price: $1,350,000
27105 Diamondhead Lane
(4br/3ba, 2814 sqft.)
Agent's Description:
Located on a quiet cul de sac in the Blackhorse area, this 2814 square foot 4 bedroom home is situated on a huge, 12,182 square foot usable lot. All rooms are large, from the living room with high ceiling and wood-burning fireplace, to the formal dining room overlooking the living room, spacious family room adjoining the large kitchen (which includes a breakfast area), to all 4 bedrooms -- you will be impressed with the generous size of all. The secluded master suite is also quite large, with separate jetted tub and shower, sauna, and walk-in closet. Don't miss the wine cellar, workshop, and storage located just off the entry, along with the large laundry room and garage entry. This home has been exceptionally well-maintained by the long-time owners, including newer dual pane windows and doors all around. Walk to Soleado Elementary, Peninsula High, and Peninsula Center.
Sold price: $1,300,000
29519 Stonecrest Road
(4br/3ba, 2052 sqft.)
Agent's Description:
Prepare to be amazed as you enter this remodeled 4 bedroom 3 bath home with an open-concept living space. You’ll love abundance of natural light, and appreciate the open and aesthetic flow throughout. The gourmet kitchen greets you with large center island perfect for family and friends to gather around, stainless steel appliances and ample cabinetry. Its other amazing features include stone framed fireplace in living room, interior LED lighting, gorgeous engineered wood floors, custom glass staircase railings, and Air Conditioning. Enjoy the resort feel backyard that includes sparkling pool, built inns; it is great for kids and entertaining friends and family. Your new home awaits - located in the highly desirable area of Rancho Palos Verdes and is within close proximity to schools, shopping, dining and nearby parks.
Sold price: $1,472,000
Complete Market Report Data
Here is our full market report on Palos Verdes real estate for the week.
Click on any property address to see all photos & listing data online.
NEW MLS LISTINGS THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 32055 Pacifica Dr | 5/5 | 4313 | 22740 | $1,975,000 | $458 | 2 | $1,975,000 | 01/09/19 |
| 2571 Via Campesina A | 2/2 | 1335 | 11672 | $675,000 | $506 | 2 | $675,000 | 01/09/19 |
| 28068 Braidwood Drive | 4/3 | 2108 | 8269 | $1,399,000 | $664 | 2 | $1,399,000 | 01/09/19 |
| 30005 Via Borica | 6/3 | 3429 | 11491 | $1,999,000 | $583 | 3 | $1,999,000 | 01/08/19 |
| 16 Rockinghorse Road | 5/6 | 5386 | 22404 | $2,799,000 | $520 | 3 | $2,799,000 | 01/08/19 |
| 2037 W Crestwood Street | 4/2 | 1512 | 8256 | $599,000 | $396 | 4 | $599,000 | 01/07/19 |
| 1500 Via Asturias | 5/5 | 5249 | 15181 | $2,200,000 | $419 | 5 | $2,200,000 | 01/05/19 |
| 2833 Via Victoria | 5/4 | 3982 | 15492 | $2,349,000 | $590 | 5 | $2,349,000 | 01/06/19 |
| 2805 Via Neve | 5/4 | 4369 | 20238 | $2,399,000 | $549 | 6 | $2,399,000 | 01/07/19 |
| 2637 Via Olivera | 4/4 | 4030 | 8200 | $2,990,000 | $742 | 6 | $2,990,000 | 01/05/19 |
| 7022 Lofty Grove Drive | 3/2 | 1544 | 7140 | $1,248,000 | $808 | 7 | $1,248,000 | 01/04/19 |
| 1109 W Palos Verdes Drive | 3/3 | 3650 | 26248 | $5,900,000 | $1,616 | 7 | $5,900,000 | 01/04/19 |
| 28121 Highridge Road 211 | 2/2 | 1187 | 43075 | $478,900 | $403 | 8 | $478,900 | 11/26/18 |
| 27521 Fawnskin Drive | 3/2 | 1878 | 7010 | $1,099,000 | $585 | 8 | $1,099,000 | 01/03/19 |
| 1433 Via Cataluna | 4/3 | 2171 | 8590 | $1,749,000 | $806 | 9 | $1,749,000 | 01/02/19 |
| 11 Coach Road | 4/4 | 2717 | 23007 | $1,428,000 | $526 | 9 | $1,428,000 | 01/02/19 |
| 1606 Espinosa Circle | 4/4 | 4219 | 10928 | $3,380,000 | $801 | 10 | $3,380,000 | 01/02/19 |
| 32020 Cape Point Drive | 5/6 | 6002 | 18592 | $4,499,000 | $750 | 10 | $4,499,000 | 01/01/19 |
| 740 Via Del Monte | 3/2 | 2239 | 8642 | $1,890,000 | $844 | 16 | $1,890,000 | 12/27/18 |
NEWLY PENDING/IN ESCROW THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 1012 Estrella Del Mar | 2/2 | 1895 | 0 | $835,000 | $441 | 86 | $890,000 | 10/17/18 |
| 5419 Whitefox Drive | 4/3 | 2264 | 8278 | $1,745,000 | $771 | 6 | $1,745,000 | 01/04/19 |
| 28621 Leacrest Drive | 5/3 | 2212 | 8897 | $1,398,000 | $632 | 65 | $1,398,000 | 11/07/18 |
| 2012 Paseo Del Mar | 6/5 | 5450 | 21696 | $4,998,000 | $917 | 35 | $4,998,000 | 12/07/18 |
| 3059 Deluna Drive | 4/2 | 2403 | 19959 | $1,179,000 | $491 | 105 | $1,399,000 | 09/28/18 |
| 517 Via Almar | 3/4 | 3030 | 6453 | $2,475,000 | $817 | 5 | $2,475,000 | 11/17/18 |
| 3602 W Estates Lane 118 | 1/1 | 659 | 433780 | $355,000 | $539 | 6 | $355,000 | 01/05/19 |
| 2724 Paseo Del Mar | 5/4 | 3407 | 16959 | $2,800,000 | $822 | 60 | $2,800,000 | 11/12/18 |
| 3348 Corinna | 4/2 | 1992 | 12710 | $1,349,000 | $677 | 35 | $1,349,000 | 12/07/18 |
| 26447 Basswood Avenue | 3/2 | 1610 | 7454 | $1,124,900 | $699 | 111 | $1,250,000 | 09/16/18 |
| 30629 Ganado | 4/3 | 2444 | 13402 | $1,150,000 | $471 | 130 | $1,250,000 | 09/03/18 |
| 6520 Sandy Point Court | 3/3 | 2712 | 4423 | $1,495,000 | $551 | 97 | $1,535,000 | 09/29/18 |
| 26 Encanto Drive | 4/3 | 2506 | 16877 | $1,699,900 | $678 | 91 | $1,799,900 | 10/01/18 |
| 1821 Caddington Drive 10 | 2/2 | 1156 | 127123 | $560,000 | $484 | 72 | $580,000 | 10/31/18 |
| 28711 N Enrose Avenue | 3/2 | 1470 | 6090 | $799,000 | $544 | 133 | $859,000 | 08/31/18 |
| 1328 Via Gabriel | 3/3 | 2242 | 11751 | $1,399,000 | $624 | 22 | $1,399,000 | 12/10/18 |
| 28641 Mount Shasta Drive | 3/3 | 1768 | 6722 | $889,000 | $503 | 206 | $969,000 | 06/19/18 |
| 23 Georgeff Road | 3/3 | 2559 | 55056 | $2,250,000 | $879 | 74 | $2,250,000 | 10/26/18 |
| 1014 Estrella Del Mar | 2/2 | 1742 | 0 | $788,000 | $452 | 73 | $799,000 | 10/17/18 |
| 1016 Estrella Del Mar | 2/2 | 1895 | 0 | $835,000 | $441 | 73 | $890,000 | 10/17/18 |
| 29641 N Enrose Avenue | 3/2 | 1627 | 6498 | $819,000 | $503 | 74 | $839,000 | 10/29/18 |
| 6 Branding Iron Lane | 4/3 | 3315 | 52031 | $2,099,000 | $633 | 67 | $2,000,000 | 10/21/18 |
| 27912 Ridgecove Court | 2/3 | 1083 | 309695 | $629,000 | $581 | 132 | $635,000 | 08/28/18 |
NEW CLOSED SALES THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | SOLD PRICE | $PSF | DOM | START $ | CLOSED |
|---|---|---|---|---|---|---|---|---|
| 5 Peartree Lane | 3/3 | 2028 | 2938 | $1,130,000 | $557 | 13 | $1,099,000 | 01/09/19 |
| 6329 Tarragon Rd | 4/5 | 4267 | 19882 | $1,865,000 | $437 | 75 | $1,995,000 | 01/08/19 |
| 30026 Avenida Classica | 4/3 | 2076 | 12511 | $1,300,000 | $626 | 45 | $1,399,000 | 01/08/19 |
| 28 Encanto Drive | 3/2 | 2112 | 16061 | $1,350,000 | $639 | 30 | $1,399,000 | 01/08/19 |
| 28007 Ridgebrook Court | 2/3 | 1079 | 272662 | $585,000 | $542 | 13 | $599,999 | 01/08/19 |
| 55 Rockinghorse Road | 3/3 | 2763 | 24043 | $1,460,000 | $528 | 5 | $1,489,000 | 01/08/19 |
| 2701 Via Elevado | 5/6 | 8847 | 146236 | $14,100,000 | $1,594 | 192 | $18,900,000 | 01/04/19 |
| 28510 Vista Madera | 3/3 | 1441 | 185673 | $517,500 | $359 | 5 | $575,000 | 01/04/19 |
| 27105 Diamondhead Lane | 4/3 | 2814 | 12182 | $1,300,000 | $462 | 3 | $1,350,000 | 01/03/19 |
| 2408 Via Sobrante | 4/4 | 3115 | 15856 | $1,569,750 | $504 | 21 | $1,599,000 | 12/31/18 |
| 6044 Flambeau Road | 3/2 | 1846 | 9280 | $1,275,000 | $691 | 77 | $1,379,000 | 12/31/18 |
| 1 Clear Vista Drive | 6/7 | 5766 | 19264 | $2,800,000 | $486 | 104 | $3,250,000 | 12/28/18 |
| 39 Chandler Ranch Road | 5/7 | 5203 | 12957 | $4,694,827 | $902 | 0 | $4,150,000 | 12/28/18 |
| 29519 Stonecrest Road | 4/3 | 2052 | 8909 | $1,472,000 | $717 | 5 | $1,399,000 | 12/28/18 |
| 1104 Palos Verdes Drive | 3/2 | 1959 | 19158 | $1,488,000 | $760 | 20 | $1,390,000 | 12/28/18 |
| 65 Ranchview Road | 4/3 | 3118 | 13211 | $1,350,000 | $433 | 99 | $1,290,000 | 12/28/18 |
| 27004 Grayslake Road | 3/2 | 1442 | 8249 | $1,183,500 | $821 | 54 | $1,200,000 | 12/28/18 |
| 5987 Peacock Ridge Road 203 | 3/3 | 2100 | 52296 | $750,000 | $357 | 8 | $735,000 | 12/28/18 |
NEW PRICE CUTS THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 28121 Highridge Road 404 | 2/2 | 1155 | 43075 | $480,000 | $416 | 54 | $498,000 | 11/11/18 |
| 3340 Via La Selva | 4/4 | 2738 | 6919 | $2,299,000 | $840 | 50 | $2,449,000 | 10/26/18 |
| 3224 Palos Verdes Drive | 4/2 | 1965 | 8309 | $1,399,000 | $712 | 55 | $1,495,000 | 11/17/18 |
| 2940 Via Alvarado | 4/4 | 3467 | 7660 | $3,199,000 | $923 | 38 | $3,299,000 | 12/04/18 |
| 1616 Granvia Altamira | 3/2 | 2344 | 6859 | $1,380,000 | $589 | 214 | $1,555,000 | 06/12/18 |
| 30143 Matisse Drive | 4/3 | 3706 | 15037 | $2,485,000 | $671 | 35 | $2,500,000 | 12/07/18 |
| 6008 Flambeau Road | 3/2 | 1874 | 7548 | $1,049,000 | $560 | 33 | $1,100,000 | 12/01/18 |
| 5422 Elmbank Road | 4/3 | 2249 | 9134 | $1,375,000 | $611 | 59 | $1,400,000 | 11/13/18 |
| 28653 Vista Madera | 3/3 | 1436 | 238445 | $609,000 | $424 | 44 | $620,000 | 11/28/18 |
| 32012 Cape Point Drive | 5/6 | 6000 | 18118 | $5,650,000 | $942 | 158 | $6,250,000 | 08/06/18 |
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