Palos Verdes Market Update (2/20/19)
Palos Verdes Weekly Real Estate Market Update
FEBRUARY 20, 2019
Complete and updated information on Palos Verdes area homes for sale and the local housing market.
Palos Verdes Stats
Inventory: 187 active MLS listings in Palos Verdes (-2 from last week)
New listings this week: 34
Newly in escrow this week: 38
New closed sales this week: 15
New price cuts this week: 21
Featured New Listings of the Week
(3br/4ba, 2402 sqft.)
Agent's Description:
Amazing, custom construction. 3 bedroom with office or 4th bedroom. Every aspect of this home has been carefully planned…From vertical lift imported kitchen cabinets, showcase art space above the fireplace to an 8 nozzle advanced controlled shower, this home is to be appreciated. Ocean views. Rare, A+ PVE location, 2 blocks walking distance to Malaga Cove Plaza restaurants, hiking trails and nearby Hollywood Riviera. Direct access 2 car garage and elevator. Air conditioning. Great floor plan with balcony adjacent to kitchen and family room. Waterfall quartz kitchen island, integrated in-cabinet Thermador refrigerator and Thermador appliances, engineered hardwood floors, soft close cabinets, separate hydro systems tub in stunning master bath, full security system with built-in video monitor, large finished laundry and exercise room, recirculating hot water, fully sprinklered front and back yards with private patio and gas line for BBQ and so much more!!!
List price: $1,850,000
(4br/3ba, 2000 sqft.)
Agent's Description:
Welcome to this absolutely stunning and delightful remodeled home in the heart of gorgeous Palos Verdes Estates. On this inviting tree-lined street awaits 4032 Vía Picaposte and offers four bedrooms and two and a half bathrooms, high ceilings, beautiful kitchen, living area and lovely backyard space with pergola and two-way fireplace. Yes, you are going to love it. Just blocks away you will enjoy Palos Verdes Stables, Palos Verdes Tennis and Golf Club and plenty of parks and trails to chose from. Children have access to Silver Spur Elementary and Peninsula and Palos Verdes High School are open to all residents and considered to be some of the top-rated schools in the country.
List price: $1,775,000
(4br/4ba, 3107 sqft.)
Agent's Description:
Welcome to your dream designer home! Your once in a life time opportunity to own a piece of art! This completely and meticulously remodeled home in 2010, is designed by well respected interior designer as his personal residence. This 4-bedroom, 3.5 bathroom over 3100 square foot masterpiece is located in the beautiful Monte Malaga neighborhood of the Palos Verdes Estates. The details of the remodeling are astonishing. The attention to details can be seen in every inch of this prestigious villa. The entire home has a personal touch, a story that thrills the more discriminating palette. This home features Venetian Plaster walls and ceilings, Upholstered walls, Crestron Music System, Antique limestone fireplace, Antique sink and hood in the kitchen, custom hand painted Tera Cotta tiles throughout, high end Rohl and Waterstone plumbing fixtures, Naos Forge custom lighting in the kitchen, French oak wood flooring, Walker Zanger brown limestone on counters and flooring borders and custom European hand glazed cabinets, just to name a few! The home has used a neutral palette that enjoys views of the stunning lush landscaping and greenery which is as glamorous as the inside. Enjoy the outdoor living in your private expansive backyard by the pool and SPA with beautifully designed BBQ area and outdoor fireplace, all designed for entertaining. This home will stand the test of time and is sure to spellbind at first entry.
List price: $2,250,000
Notable Sales of the Week
(5br/6ba, 5630 sqft.)
Agent's Description:
This beautiful former model home is located at one of the most desirable communities - Wallace Ranch, which is centrally located and close to schools, shopping and parks on the beautiful PV Peninsula. With 5 Bedrooms, 5-1/2 baths, an Office/Library with wood panel walls/ceilings and an enormous Bonus Room, this beautiful estate boasts many custom features that will please the most selective buyers. Upon entry is a FOYER with sweeping staircase and soaring ceilings. The spacious LIVING ROOM has two story ceiling. The FORMAL DINING ROOM next to the living room and a large FAMILY ROOM with wet bar open to the covered porch and grassy backyard. The GOURMET KITCHEN has a large center island, commercial grade Wolf range, Sub Zero Refrigerator, wine cooler, double dishwashers and a beautiful breakfast nook. The LUXURY MASTER SUITE has a very spacious sitting area and fireplace, a huge master bath with his and hers facilities and a large walk-in closet. There are additional 3 BEDROOM EN-SUITES on the upper level for Children or Family Members to use and enjoy. Besides, the enormous light-filled bonus room on the upper level can be used as a recreation room, gym, study or play area. On the main level, there is an additional bedroom and an adjacent bathroom that will be perfect as a GUEST OR IN-LAWS QUARTER.
Sold price: $2,140,000
(6br/3ba, 2711 sqft.)
Agent's Description:
Remodeled and turn-key throughout, this house has a spacious, flexible, and rare 6 bedroom floorplan. The island kitchen alone is worth the price of entry. Professionally designed, it features commercial grade appliances throughout -- Capitol gas range/oven, Liebherr refrigerator with two freezer drawers, Akso dishwasher, trash compactor, tons (literally) of granite counters, and cherry cabinets galore. The kitchen opens onto the living room with a massive masonry fireplace and lovely bay window. Gleaming laminate flooring throughout, remodeled baths, and new carpeting in the lower 3 bedrooms. The lot goes all the way to the top of the hill in back (12K sf lot). Lower fence can easily be removed. Potential RV parking on south side. Central a/c. Walk to Soleado Elementary, Peninsula High, Peninsula Shopping Center. Lowest dollars/square foot in the Pen Center/Silver Spur area and it's TURN-KEY!
Sold price: $1,235,000
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 |
|---|---|---|---|---|---|---|---|---|
| 11 Seaview Drive | 3/3 | 1858 | 1639 | $859,000 | $462 | 0 | $859,000 | 01/25/19 |
| 38 Buckskin Lane | 4/3 | 2274 | 17037 | $1,649,000 | $725 | 0 | $1,649,000 | 02/14/19 |
| 14 Deerhill Drive | 4/3 | 3744 | 25088 | $2,298,000 | $614 | 0 | $2,298,000 | 02/20/19 |
| 31 Via Del Cielo | 4/6 | 6008 | 23788 | $5,850,000 | $974 | 1 | $5,850,000 | 02/21/19 |
| 5930 Clint Place | 4/4 | 2705 | 8068 | $1,550,000 | $573 | 1 | $1,550,000 | 02/20/19 |
| 28178 Ridgecove Court | 3/3 | 1595 | 419923 | $899,000 | $564 | 1 | $899,000 | 02/19/19 |
| 2508 Via Pinale | 3/4 | 2402 | 5336 | $1,850,000 | $770 | 1 | $1,850,000 | 02/19/19 |
| 4708 Browndeer Lane | 4/3 | 2189 | 8975 | $1,195,000 | $546 | 2 | $1,195,000 | 02/19/19 |
| 2120 Ronsard Road | 4/3 | 2726 | 6990 | $1,159,000 | $425 | 2 | $1,159,000 | 02/18/19 |
| 944 Via Rincon | 4/4 | 4000 | 17316 | $3,499,000 | $875 | 2 | $3,499,000 | 02/18/19 |
| 3566 Vigilance Drive | 3/3 | 1906 | 12575 | $1,149,900 | $603 | 2 | $1,149,900 | 02/18/19 |
| 67 Paseo Del La Luz | 4/6 | 8320 | 24377 | $6,789,000 | $816 | 2 | $6,789,000 | 02/18/19 |
| 6542 Ocean Crest Drive B311 | 1/1 | 778 | 167165 | $438,000 | $563 | 3 | $438,000 | 02/18/19 |
| 18 Empty Saddle Lane | 4/5 | 4800 | 21213 | $3,300,000 | $688 | 3 | $3,300,000 | 02/17/19 |
| 1201 Via Romero | 4/4 | 4300 | 12680 | $2,800,000 | $651 | 5 | $2,800,000 | 01/30/19 |
| 2813 Via Alvarado | 4/3 | 2492 | 11826 | $2,199,000 | $882 | 5 | $2,199,000 | 02/15/19 |
| 28513 Vista Tierra | 3/3 | 1436 | 185673 | $610,000 | $425 | 6 | $610,000 | 02/09/19 |
| 27039 Springcreek Road | 4/2 | 1670 | 9287 | $1,230,000 | $737 | 6 | $1,230,000 | 02/14/19 |
| 1835 Caddington Drive 63 | 3/2 | 1282 | 127123 | $599,000 | $467 | 8 | $599,000 | 02/12/19 |
| 2041 Santa Rena Drive | 4/2 | 1819 | 7861 | $739,000 | $406 | 9 | $799,000 | 02/11/19 |
| 2600 Via Campesina | 3/3 | 2360 | 8637 | $1,950,000 | $826 | 9 | $1,950,000 | 02/11/19 |
| 5 Reata Lane | 3/3 | 2257 | 53981 | $1,795,000 | $795 | 9 | $1,795,000 | 02/11/19 |
| 2204 Via Pacheco | 4/4 | 3037 | 8518 | $2,299,000 | $757 | 9 | $2,299,000 | 02/11/19 |
| 736 Via Del Monte | 4/4 | 2484 | 8355 | $2,275,000 | $916 | 9 | $2,275,000 | 12/21/18 |
| 4032 Via Picaposte | 4/3 | 2000 | 7669 | $1,775,000 | $888 | 10 | $1,775,000 | 02/11/19 |
| 50 Rockinghorse Road | 3/4 | 3121 | 22845 | $1,699,000 | $544 | 11 | $1,699,000 | 02/11/19 |
| 6968 Alta Vista Drive | 6/6 | 4865 | 22357 | $2,699,000 | $555 | 12 | $2,699,000 | 02/08/19 |
| 2405 Via Sonoma | 4/4 | 3107 | 12845 | $2,250,000 | $724 | 13 | $2,250,000 | 02/07/19 |
| 2209 Daladier Drive | 3/4 | 5185 | 55233 | $4,100,000 | $791 | 13 | $4,100,000 | 02/07/19 |
| 2565 Colt Road | 5/4 | 2826 | 19174 | $1,850,000 | $655 | 13 | $1,850,000 | 02/07/19 |
| 5923 Armaga Spring Road B | 3/3 | 1484 | 215393 | $649,000 | $437 | 13 | $679,000 | 02/07/19 |
| 30753 Ganado Drive | 4/3 | 2372 | 10871 | $1,799,000 | $758 | 13 | $1,799,000 | 02/07/19 |
| 1508 Paseo La Cresta | 0/0 | 10000 | 33656 | $3,499,000 | $350 | 13 | $3,499,000 | 02/07/19 |
| 4140 Admirable Drive | 3/3 | 1992 | 10792 | $1,450,000 | $728 | 13 | $1,450,000 | 01/19/19 |
NEWLY PENDING/IN ESCROW THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 29 E Crest Road | 5/4 | 6100 | 307165 | $18,500,000 | $3,033 | 6 | $18,500,000 | 02/15/19 |
| 10 Georgeff Road | 3/3 | 3954 | 48781 | $2,300,000 | $582 | 408 | $2,525,000 | 01/01/18 |
| 28101 Lobrook Drive | 3/2 | 2131 | 13284 | $1,269,000 | $595 | 5 | $1,269,000 | 02/16/19 |
| 2741 Palos Verdes Drive | 3/2 | 2000 | 7848 | $1,599,000 | $800 | 7 | $1,599,000 | 02/13/19 |
| 26905 Fond Du Lac Road | 3/2 | 1394 | 7649 | $998,000 | $716 | 10 | $998,000 | 02/11/19 |
| 6501 Via Lorenzo | 4/4 | 3032 | 21581 | $1,650,000 | $544 | 5 | $1,650,000 | 02/15/19 |
| 28510 Vista Madera | 3/3 | 1441 | 185673 | $630,000 | $437 | 12 | $630,000 | 02/08/19 |
| 28015 Lomo Drive | 3/2 | 1607 | 8249 | $1,175,000 | $731 | 56 | $1,259,000 | 12/26/18 |
| 1 Chuckwagon Road | 4/5 | 4099 | 52644 | $2,995,000 | $731 | 16 | $2,995,000 | 02/04/19 |
| 1813 Avenida Feliciano | 3/3 | 1568 | 7670 | $950,000 | $606 | 112 | $999,000 | 10/09/18 |
| 27957 N Ridgecove Court | 2/2 | 1163 | 695 | $709,000 | $610 | 37 | $728,999 | 01/04/19 |
| 1028 Via Mirabel | 5/5 | 3982 | 46829 | $3,199,000 | $803 | 2 | $3,199,000 | 02/18/19 |
| 29648 N Enrose Avenue | 3/2 | 1626 | 6331 | $975,000 | $600 | 13 | $975,000 | 01/27/19 |
| 5212 Bluemound Road | 4/2 | 1753 | 7046 | $1,150,000 | $656 | 11 | $1,150,000 | 01/22/19 |
| 4142 Quinlin Drive | 3/2 | 1984 | 9575 | $1,429,000 | $720 | 10 | $1,429,000 | 02/11/19 |
| 2286 Sparta Drive | 4/3 | 2308 | 17540 | $1,349,000 | $584 | 26 | $1,349,000 | 01/25/19 |
| 6401 Ridgebyrne Court 103 | 3/3 | 2217 | 753582 | $929,000 | $419 | 42 | $929,000 | 12/10/18 |
| 5 Cayuse Lane | 5/5 | 5082 | 19729 | $1,495,000 | $294 | 77 | $1,495,000 | 12/05/18 |
| 1863 Avenida Aprenda | 4/2 | 1746 | 7221 | $900,000 | $515 | 100 | $900,000 | 11/06/18 |
| 26735 Hawkhurst Drive | 4/3 | 2784 | 9801 | $1,600,000 | $575 | 11 | $1,600,000 | 01/23/19 |
| 6100 Monero Drive | 3/2 | 1434 | 10961 | $1,099,000 | $766 | 141 | $1,130,000 | 10/02/18 |
| 2784 Vista Mesa Drive | 3/2 | 1826 | 9816 | $1,100,000 | $602 | 58 | $1,100,000 | 12/16/18 |
| 69 Rockinghorse Road | 6/5 | 4667 | 32806 | $1,899,000 | $407 | 14 | $1,899,000 | 02/06/19 |
| 1564 Via Leon | 4/4 | 3617 | 15316 | $1,899,000 | $525 | 23 | $1,899,000 | 01/28/19 |
| 1005 Estrella Del Mar | 2/3 | 1767 | 20983 | $915,000 | $518 | 33 | $915,000 | 01/11/19 |
| 7022 Lofty Grove Drive | 3/2 | 1544 | 7140 | $1,218,000 | $789 | 47 | $1,248,000 | 01/04/19 |
| 5927 Armaga Spring Road H | 2/2 | 1071 | 215371 | $569,000 | $531 | 19 | $539,000 | 02/01/19 |
| 4115 Miraleste Dr. | 4/3 | 3193 | 8501 | $1,329,000 | $416 | 173 | $1,648,900 | 07/29/18 |
| 10 Coraltree Lane | 3/3 | 2338 | 2530 | $1,099,000 | $470 | 182 | $1,530,000 | 08/13/18 |
| 3605 W Hidden Lane 214 | 0/1 | 440 | 433780 | $292,000 | $664 | 80 | $292,000 | 11/23/18 |
| 1408 Via Arco | 4/4 | 5150 | 20803 | $3,999,000 | $777 | 98 | $4,399,999 | 11/14/18 |
| 11 Covered Wagon Lane | 4/4 | 3024 | 12578 | $1,849,000 | $611 | 116 | $1,895,000 | 10/25/18 |
| 3118 Corinna Drive | 4/2 | 1962 | 11800 | $1,387,000 | $707 | 292 | $1,400,000 | 04/11/18 |
| 30010 Via Borica | 4/3 | 2808 | 22050 | $1,599,000 | $569 | 23 | $1,599,000 | 01/28/19 |
| 18 Phillips Ranch Road | 4/5 | 3855 | 11040 | $2,850,000 | $739 | 8 | $2,850,000 | 01/31/19 |
| 6538 Locklenna Lane | 4/3 | 2521 | 7259 | $1,375,000 | $545 | 23 | $1,375,000 | 12/26/18 |
| 1648 Via Arriba | 4/3 | 2865 | 7512 | $2,745,000 | $958 | 16 | $2,745,000 | 02/04/19 |
| 2571 Via Campesina A | 2/2 | 1335 | 11672 | $675,000 | $506 | 27 | $675,000 | 01/09/19 |
NEW CLOSED SALES THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | SOLD PRICE | $PSF | DOM | START $ | CLOSED |
|---|---|---|---|---|---|---|---|---|
| 2112 Chelsea Road | 4/3 | 2216 | 8469 | $1,875,000 | $846 | 25 | $1,899,000 | 02/19/19 |
| 3340 Via La Selva | 4/4 | 2856 | 6919 | $2,100,000 | $735 | 57 | $2,449,000 | 02/19/19 |
| 1946 Upland Street | 4/5 | 3466 | 11715 | $1,388,000 | $400 | 11 | $1,399,000 | 02/19/19 |
| 28220 Highridge 101 | 3/3 | 1722 | 0 | $999,000 | $580 | 69 | $999,000 | 02/15/19 |
| 5937 Armaga Spring Road A | 2/2 | 1071 | 215371 | $612,000 | $571 | 5 | $599,000 | 02/15/19 |
| 28646 Gunter Road | 3/2 | 1281 | 5999 | $850,000 | $664 | 117 | $950,000 | 02/15/19 |
| 30629 Ganado | 4/3 | 2444 | 13402 | $1,080,000 | $442 | 123 | $1,250,000 | 02/15/19 |
| 1808 Velez Drive | 5/4 | 3478 | 7212 | $1,382,000 | $397 | 105 | $1,389,000 | 02/15/19 |
| 18 Via Porto Grande | 5/6 | 5630 | 10046 | $2,140,000 | $380 | 94 | $2,200,000 | 02/15/19 |
| 6730 Abbottswood Drive | 3/2 | 1460 | 7684 | $970,000 | $664 | 103 | $1,149,000 | 02/13/19 |
| 27915 Lomo Drive | 4/2 | 1816 | 8450 | $1,150,000 | $633 | 81 | $125,000 | 02/12/19 |
| 5245 Sunny Point Place | 4/2 | 1670 | 9771 | $1,245,000 | $746 | 117 | $1,499,500 | 02/12/19 |
| 27136 Sunnyridge Road | 2/3 | 2313 | 20997 | $1,200,000 | $519 | 80 | $1,350,000 | 02/11/19 |
| 33 Chandler Ranch Road | 4/5 | 3855 | 11324 | $3,454,119 | $896 | 0 | $3,200,000 | 02/07/19 |
| 4630 Browndeer Lane | 6/3 | 2711 | 11998 | $1,235,000 | $456 | 75 | $1,395,000 | 02/07/19 |
NEW PRICE CUTS THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 30005 Via Borica | 6/3 | 3429 | 11491 | $1,850,000 | $540 | 45 | $1,999,000 | 01/08/19 |
| 2545 Via Campesina 102 | 2/3 | 1540 | 0 | $739,000 | $480 | 102 | $775,000 | 11/12/18 |
| 30926 Oceangrove Drive | 4/3 | 2566 | 15401 | $1,985,000 | $774 | 120 | $2,549,000 | 10/24/18 |
| 2041 Santa Rena Drive | 4/2 | 1819 | 7861 | $739,000 | $406 | 9 | $799,000 | 02/11/19 |
| 8 Pine Tree Lane | 3/3 | 2812 | 142008 | $3,150,000 | $1,120 | 359 | $3,700,000 | 02/26/18 |
| 5422 Elmbank Road | 4/3 | 2249 | 9134 | $1,335,000 | $594 | 99 | $1,400,000 | 11/13/18 |
| 3422 Palo Vista Drive | 5/7 | 5652 | 15767 | $2,900,000 | $513 | 68 | $3,000,000 | 11/30/18 |
| 2144 Noble View Drive | 3/3 | 2148 | 7960 | $1,123,000 | $523 | 74 | $1,199,000 | 12/10/18 |
| 1416 Granvia Altamira | 5/5 | 4465 | 19129 | $2,795,000 | $626 | 119 | $2,995,000 | 10/24/18 |
| 10 Seaview Drive South | 3/3 | 1794 | 1428 | $899,000 | $501 | 15 | $919,000 | 02/05/19 |
| 3200 La Rotonda Drive 506 | 2/2 | 1373 | 0 | $695,000 | $506 | 151 | $749,000 | 09/22/18 |
| 27137 Woodbrook Road | 4/2 | 1890 | 13151 | $1,195,000 | $632 | 86 | $1,350,000 | 11/26/18 |
| 2909 Palos Verdes Drive | 2/2 | 1987 | 7745 | $1,250,000 | $629 | 95 | $1,299,000 | 11/19/18 |
| 28503 Rothrock Drive | 3/2 | 1780 | 11503 | $1,549,000 | $870 | 66 | $1,599,000 | 12/01/18 |
| 26659 Westvale Road | 3/3 | 2103 | 19014 | $1,448,000 | $689 | 62 | $1,498,000 | 12/20/18 |
| 5923 Armaga Spring Road B | 3/3 | 1484 | 215393 | $649,000 | $437 | 13 | $679,000 | 02/07/19 |
| 1421 Via Davalos | 4/4 | 3744 | 16408 | $2,499,999 | $668 | 85 | $2,899,000 | 11/27/18 |
| 1724 Via Coronel | 6/7 | 10642 | 36933 | $9,900,000 | $930 | 149 | $11,900,000 | 09/24/18 |
| 7 Chesterfield Road | 4/4 | 4000 | 361601 | $4,999,000 | $1,250 | 26 | $5,150,000 | 01/25/19 |
| 15 Rockinghorse Road | 5/5 | 3639 | 23781 | $1,795,000 | $493 | 40 | $1,899,000 | 01/10/19 |
| 27035 Eastvale Road | 4/4 | 3536 | 19716 | $1,899,000 | $537 | 157 | $2,289,000 | 09/17/18 |
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