Are Palos Verdes Home Prices Poised To Fall?

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One of my clients asked me yesterday about whether or not I thought we were in another “price appreciation bubble” for Palos Verdes Estates home prices. Let’s get one thing clear here, I have no crystal ball and as they say, “past performance is no guaranty of future results”.  Come back to this paragraph after you’re finished scrolling through the article to find out “What’s My Palos Verdes Home Worth (or Beach Cities Home)?

However, one of the benefits you have of choosing me as your broker is my experience and knowledge of the market based on facts. Here’s an example of the kind of data at my finger tips that I use for my clients’ benefit

Palos Verdes Home Prices

see chart below

Are Palos Verdes Home Prices Poised to Fall? from bestpalosverdeshomes on Vimeo.

palos verdes home prices

If you look carefully, you will see that since the early 90s there have been 2 downturns in the market. And the appreciation cycles have been about 7-8 years or so.

The up cycle we’re in now is only 2 or 3 years young.

What’s even better is the supply side of the picture. Go to my blog https://www.bestpalosverdeshomes.com/blog and look at the 3/17/2015 post. At the bottom of the page you will see that supply of homes coming to market is not only down, but is at the lowest listing volume rates in decades.

There is such an imbalance in the supply side, that with demand as strong as it is (even if/when rates go up with the economy slowly improving) it will take years for an equilibrium to take place.

In my studied opinion, strong price appreciation is “baked in” to this cake we call a real estate market.  I welcome your comments.

Palos Verdes Homes from $1,250,000 to $2,250,000

* Separate multiple values with comma.

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1 Buggy Whip Drive Rolling Hills, CA 90274

$48,000,000
9 Beds
25 Baths
51,000 SqFt
Status Active
MLS # 16143348
Property Type Single Family Residence
Hacienda de la Paz is an awe-inspiring work of art and engineering. Positioned in L.A.'s preeminent equestrian community, the authentic Spanish estate is the only U.S. residence designed by world-renowned architect Rafael Manzano Martos. 17 years in the making, this private palace is perched 1100 ft. above L.A. at the crest of the Palos Verdes Peninsula in the 24 hr. guard-gated city of Rolling Hills; one of the safest and wealthiest cities in America. Breathtaking and unencumbered 180-degree panoramic vistas encompass the beaches, downtown and the San Gabriel Mountains. Amenities include a 10,000 sq. ft. hamam spa fit for a king, 15,000 sq. ft. neoclassical grand ballroom, 2 tennis courts; indoor hard court & outdoor clay court, 2 swimming pools; indoor & outdoor, access to 57 miles of equestrian & hiking trails, guesthouse, bocce court, gym, yoga room, wine cellar, catering facilities, geothermal heating & cooling system, elevators, 6 car garage and motor court. Approx. 8 acres.

2701 Via Elevado Palos Verdes Estates, CA 90274

$26,680,000
5 Beds
5.5 Baths
8,847 SqFt
Status Active
MLS # 17200490
Property Type Single Family Residence
King of the Hill. One of the largest estates ever offered in the heart of Malaga Cove in Palos Verdes Estates with panoramic views of the Queen's Necklace. A royal wrought iron entrance leads you down a long driveway with massive, historic wooden gates followed by a stone and wood bridge to an oversized circular carport replete with waterfalls and gorgeous landscaping. Family-owned for over 40 years, at the end of a cul-de-sac and on approximately 3.5 sweeping acres and 3 parcels of land next to parkland with striking ocean, city and golf course views. This stunning home has abundant character, quality, and detail including a sun-drenched pool overlooking the Pacific Ocean, citrus and flower gardens, and large grassy areas for reception and entertaining. A truly unparalleled and private compound.

705 Via La Cuesta Palos Verdes Estates, CA 90274

$16,999,999
6 Beds
7.5 Baths
10,100 SqFt
Status Active
MLS # SB17003283
Property Type Single Family Residence
A grand Italian Villa on a completely gated compound offers big views and total privacy. This lovely Tuscan estate boasts 10,100 square feet of living space and is situated on an approx. 50,325 SF lot. This is an unprecedented opportunity to step right into your dream Palos Verdes lifestyle. Perfectly suited for indoor/outdoor entertaining, this 6 bedroom, 8 bath home has incredible details, including intricately painted ceilings and a swimming pool inspired by the Bellagio Hotel in Las Vegas -- as well as views from Catalina all the way to Malibu and Beverly Hills. Amenities include multiple balconies, a wine cellar and state of the art home theater. Well-manicured grounds with serene fountains offer the best of outdoor living, including winding pathways, tennis court and koi pond. Experience life above sea level at 705 Via La Cuesta in Palos Verdes

1508 Paseo La Cresta Palos Verdes Estates, CA 90274

$14,900,000
7 Beds
10 Baths
11,000 SqFt
Status Active
MLS # SB16754414
Property Type Single Family Residence
Pre-construction Offering! Gorgeous French Mediterranean Gated Estate, located on prestigious Paseo La Cresta in Palos Verdes Estates, offers over 11,000 sq.ft., and has panoramic, Ocean, Catalina, & City Lights views from almost every room in the house. Grand Entrance yard with circular driveway. Grand foyer w/25’ high ceilings, double circular staircases & decorative glass atrium. Gourmet Kitchen w/top of the line appliances, large center island, & breakfast eating area. Large Family Room & Bar. Huge formal dining room(accommodates 16). Enormous Master Retreat includes sitting area, fireplace, dressing area & 2 expansive walk-in closets, & his/her Master Bath. Basement has a large family room w/fireplace, game area, bar, & large wine cellar. 2 Junior Suites, 2 additional Suites, Library/Office, Music Room, Gym, Maid’s Quarters, Elevator, 6 Car Garage, security alarm system w/surveillance cameras, natural stone & walnut floors throughout, & 10 fireplaces. Large rear yard perfect for entertaining w/lawn, swimming pool, spa, sports court, outdoor kitchen & bar, covered lounge cabana, firepit, & two fireplaces. Water fountains adorn the beautifully landscaped grounds. Another incredible property by Architect Luis de Moraes AIA, EnviroTechno Architecture.

609 Paseo Del Mar Palos Verdes Estates, CA 90274

$10,500,000
5 Beds
6 Baths
7,590 SqFt
Status Active
MLS # PV17034020
Property Type Single Family Residence
This exquisite Malaga Cove Bluff-Top Estate Villa Sul Mar is perched high above the Pacific Ocean and offers an unbelievable ocean view. Inspired by a famous villa along the shores of Lake Como in Italy the property was designed by a highly noted local architect using only the top quality materials. The detail of the interior finish work is apparent the moment you enter the dramatic entry with massive ceilings. The stunning master suite comes complete with a sitting area and cozy fireplace, marble encased soaking tub and covered ocean view terrace. The gourmet kitchen has professional grade appliances, breakfast nook and huge center island. There is also a spacious circular wine room with tasting table and rustic Italian wall mural, great room with bar, large jacuzzi with fountain, massive 6 car show piece garage with additional covered parking and a three stop elevator. Home sits on over a half acre of lush land, lighted pathways, stone fountains and dual stone rotundas. Sitting high on the ocean bluffs of lower Malaga Cove, the magnificent view is from the beach cities to Malibu and beyond. Convenient location to ocean, hiking trails, Malaga Cove Plaza and Palos Verdes school system. This gated estate is a dream come true.

999 Paseo La Cresta Palos Verdes Estates, CA 90274

$9,999,000
7 Beds
7.5 Baths
10,484 SqFt
Status Active
MLS # PV17031680
Property Type Single Family Residence
Extraordinary Mediterranean inspired estate on nearly an acre of land with no expense spared! The floor plan of this home provides you with the modern lifestyle and all of your entertaining needs. With 6 en-suites, plus a separate maid's quarters, gym, library, formal living and dining, family room that opens to the fabulous gourmet kitchen, movie theater, music room, billiards room, wine cellar, service/tech room-brain of the home (approx. 500 sq not included in sq footage), and multiple storage rooms throughout. The master retreat is everything you imagined with a spa like bathroom, and a separate room is used as a closet with floor-to-ceiling custom designed cabinets with glass doors. Additional amenities include a full sized elevator, 4 custom designed marble fireplaces, and a smart house with a sophisticated security system. There are over-sized French doors that open to multiple terraces, creating an easy indoor/outdoor feel enhanced by panoramic Catalina, Ocean, Malibu to Santa Monica Mountains views. Escape to the private resort-like backyard that will make you feel like your away on vacation and offers endless entertaining options from intimate gatherings to grand events ! Complete with a salt-water pool, fountains, spa, European statue, tennis/basketball court, and a built-in grill, all encompassed by a lush grassy yard. This property exudes elegance from top to bottom and is a timeless showpiece. Please see supplement for recent improvements.

2228 Via Cerritos Palos Verdes Estates, CA 90274

$9,999,000
7 Beds
11 Baths
18,227 SqFt
Status Active
MLS # SB17021071
Property Type Single Family Residence
Majestically situated atop of Palos Verdes Estates highest points, this extraordinary private gated estate overlooks a breathtaking panoramic ocean, city and Queen’s Necklace view. Built on approx 1.45 acres, this home is perfect for living & entertaining, encompassing 18,277 sq. ft. of luxurious living space. Drive through the gate and up the long driveway to the grand motor court with ample guest parking. Step inside and feel the open, spacious floor plan with the beautiful marble entry, high ceilings & abundance of natural light. This amazing home boasts 7 bedrooms, 11 baths, and has been beautifully updated with elegant oak wood floors, carpet, trim and greenery. Entertain your friends and guests with your private two lane bowling alley, or a night at the movies with the fully equipped home theater. French doors throughout open to multiple patios & balconies with beautiful sconce lighting, creating an easy indoor/outdoor lifestyle. Enjoy the newly redone regulation sized Tennis Court with viewing pavilion, large pool & spa, and beautiful new landscaping, complete with custom planters. Other grand features include a gym, office, maid’s quarters & laundry facility, dumbwaiter, sauna, 5-car garage. Welcome home. Available for lease as well.

1816 Paseo Del Mar Palos Verdes Estates, CA 90274

$9,500,000
6 Beds
8.5 Baths
7,800 SqFt
Status Active
MLS # WS17088848
Property Type Single Family Residence
Rare opportunity to build your own stunning Mediterranean Villa at the highest quality, located in one of the most sought after streets Paseo Del Mar in Palos Verdes Estates. Large flat lot has field size yard, grand entrance yard with circular driveway. This grand home is 7,800SF with 1,000SF covered patio space, steps away from the bluff, including dramatic soaring two-story foyer and double circular staircases. Expansive living, dining and great room, gracious gourmet kitchen, spectacular glass wall wine cellar, wet bar, elevator and screening room. Private master retreat with panoramic ocean view, private sitting area, fireplace, private balcony, huge his/hers closet & spa/bath. 4 additional bedrooms up all with ensuite bath, and 1st floor guest suite. Enjoy this private oasis complete with sparkling pool/spa, built-in barbecue, outdoor fire place and gated motor court.

702 Via La Cuesta Palos Verdes Estates, CA 90274

$9,450,000 - 6Br/7Ba -  for Sale in Palos Verdes Estates
New
$9,450,000
6 Beds
6.5 Baths
9,932 SqFt
Status Active
MLS # PV17108725
Property Type Single Family Residence
SMASHING QUEEN'S NECKLACE VIEW! LET THE VIEW SPEAK FOR ITSELF! Panoramic queen’s necklace view from Santa Monica, downtown LA, to PV Golf Course. GATED PROPERTY. Huge living room and dining room with vaulted ceiling for formal entertaining. Contemporary kitchen with a well-designed wet bar and conversation areas to enjoy the view. The exterior boasts many large decks, pool, spa, waterfall and north –south facing TENNIS COURT. An aesthetic balance of comfort and design is found in every room of this house. STOP WISHING START EXPERIENCING! PV LIFESTYLE AT ITS BEST!

3 Appaloosa Lane Rolling Hills, CA 90274

$8,999,999
6 Beds
10 Baths
9,100 SqFt
Status Active
MLS # SB16742095
Property Type Single Family Residence
PRICED TO SELL! Great opportunity to own a brand new construction behind the gates! Rolling Hills’ newest creation a modern contemporary estate w/ the finest finishes. Featuring approx. 9,100 SF of bright & airy living space all on one level. 3 Appaloosa is situated on a 9.14-acre lot—one of the largest in Rolling Hills—every inch of this contemporary showcase by Architect Criss Gunderson is of the highest quality. A rectangular drive w/ beautifully laid stonework leads to an air-conditioned 6-car garage. The entrance is all “wow.” Look through the vast living room, past the sumptuous pool deck & out to the city lights view. This home has 25 ft. ceilings and an open floorplan perfect for displaying your art collection—although you’ll likely hear more oohs & ahhs over the exquisite materials: Napoleon fireplaces w/ leather-finished granite & solid walnut & marble floors throughout. Experience the kitchen w/ Kalakata gold marble counter tops, high-end appliances & motorized cabinets of rich dark wood. Automated sliding walls of glass open to reveal the pool deck & outdoor kitchen w/ Lynx appliances. There are 6 BDs, 8 BAs & 2 half baths, but the master suite was built for royalty w/ a poolside sitting area offering inspirational views. His & hers master baths w/ large walk-in closets might as well be labelled King and Queen. Just like the noble horses for which the street is named, 3 Appaloosa is grand without ostentation, and beautiful without vanity.

67 Paseo Del La Luz Rancho Palos Verdes, CA 90275

$8,990,000
5 Beds
5.5 Baths
8,320 SqFt
Status Active
MLS # PV16741874
Property Type Single Family Residence
Built in 2015 this villa makes a timeless artistic statement while offering every amenity for classic Californian indoor-outdoor living and entertaining. Equally livable and luxurious from the moment you step on the property the design emanates elegance, with natural limestone columns and a shimmering fountains set against a deep-blue ocean backdrop. You feel sense of pride and attention brought to its every detail. Tony Ashai, worldwide famed architect aimed to create the ideal combination of elegance, cutting-age technology and quality construction placed in one of the most enviable locations imaginable. Magnificent double staircase adds an extra touch of elegance. Oceanic panorama is seen through floor-to-ceiling windows and doors from almost all rooms leading to expansive patios. Both formal and informal dining areas lend themselves to any type of soiree, whether a full dinner party or just a casual evening of appetizers and drinks at the family bar. As the hub of any home, the kitchen cannot be overlooked alone with large butler’s quarters with another stove fridge and state of art equipment so have TWO kitchens. Home theater equipped with latest tech and big screen. Library is a haven for relaxation. Or spend an hour in your own private gym. Pool/spa area is perfectly suited for relaxing in the sun, while the covered patio offers more views of the glimmering pool framed by the home’s hallmark columns and arches. Buit-in outdoor kitchen and BBQ. Huge grassy backyard.

12 Upper Blackwater Cyn Road Rolling Hills, CA 90274

$8,888,000
8 Beds
8.5 Baths
11,451 SqFt
Status Active
MLS # SB17053605
Property Type Single Family Residence
This expansive, custom gated estate is a true oasis perched high on the hill, combining extreme privacy with breathtaking city, ocean & Queen’s Necklace views. Gaze off to vistas of downtown Los Angeles, snowcapped mountains & miles of city lights. When you choose to live behind the gates in Rolling Hills, you learn to enjoy the finer things in life … including spacious grounds, private walking trails on 4.5 acres of land, a swimming pool & spa and an exquisite 11,451 sq ft luxury estate designed by world renowned architect Tony Ashai. With 6 bedrooms & 7.5 bathrooms in the main house and 2 bedrooms & 1 bathroom in the fully detached guest house – not to mention garage space for 6 cars - you’ll never have to say no to guests. Hardwood & travertine flooring give a high-end, sleek look. The master suite is fit for a king and queen with a wet bar, sunken sitting area & fireplace, and French doors providing views of the pool & distant mountains. The gourmet kitchen has a large center island, walk-in & butler’s pantry and top-of-the-line appliances. Your family will love the movie theater, game room & full bath/sauna on the lower level. Equipped with central A/C, surround sound and a security system. The private, detached guest house with 2 bedrooms and 1 full bath has wood beamed ceilings, central A/C, a kitchen, washer & dryer hookups & its own detached 2-car garage. Enjoy life on the Peninsula at its finest!

1414 Paseo La Cresta Palos Verdes Estates, CA 90274

$8,399,000
7 Beds
11 Baths
9,851 SqFt
Status Active
MLS # PV17085445
Property Type Single Family Residence
Down a long and circular driveway is where you will find “Versailles on the Hill”, one of the last projects by the famous interior designer, John Fleming. This landmark estate on a spacious 1-acre lot was designed to feel like your “10 miles West of Versailles”. The interior of this nearly 10,000 square foot residence blends visionary design, bespoke attention to detail, and classical elegance. In addition to 7 BR and 11 BA, there are a grand formal living room and family room with 2-story ceilings, spacious dining area, state of the art chef’s French country Kitchen includes large 6” solid Maple Butcher Block island and Wolf and Subzero appliances, hidden study and gym, wine cellar, movie theater, game room pub and library. The open floor plan allows the main living areas to capture breathtaking views of the ocean, city, sunset and tranquil picturesque landscaped views. Outstanding amenities include a master retreat with a luxurious spa-like bathroom, 7 fireplaces, 10 chandeliers in superior quality and style, about 50 sconces/post lights in/outdoors, beautiful custom cabinetry, sparkling pool & spa, and a full built-in outdoor BBQ kitchen. Despite its scale and grandeur, the home remains warm and inviting, making it a unique retreat for intimate family life that is also appropriate for large-scale entertaining. This is a rare property that will satisfy the discerning buyer. Can never be duplicated at this price! *Further details can be found on the attached SUPPLEMENT.

51 Paseo Del La Luz Rancho Palos Verdes, CA 90275

$7,995,000
6 Beds
9 Baths
8,350 SqFt
Status Active
MLS # PV16710870
Property Type Single Family Residence
Exquisite Mediterranean Oceanfront Property situated on the largest plot 8/10th of an acre, flat usable lot in the prestigious Oceanfront Estates community. This Showcase Estate boasts a spectacular 160 degree ocean & Catalina view with gorgeous sunsets reinvented daily. Corner lot location with much privacy thru surrounding rich mature landscape. Huge 5000 SF courtyard separates the main house and 350 SF guest house with 1 bdrm, 1 bath, walk-in closet, and study. Main home features an 8000 SF floor plan with attention to every detail and designer perfect. 5 bdrms, 6 baths, 2 powder rooms, library, living room, formal dining room, 2 family rooms, laundry room, gym, sauna, and wine cellar. Main level has handcrafted Herringbone inlayed hardwood floors. Two large balconies with amazing ocean views. Two wet bars, one serving the main floor and the other serving the lower level which is all handcrafted custom wood. Chef's kitchen with top-of-the-line appliances, walk-in pantry, and big island. Luxurious master suite with 2000 SF of lavish living, private bath, walk-in closet, fireplace, and balcony. Outdoors private oasis featuring a large sparkling pool & spa, fire pit, custom built-in barbeque and large grassy area. The detached 3-car garage offers abundant storage. New upgrades include air conditioners, solar system, and ADT security. Minutes to Terranea Resort, Trump National Golf Course, walking trails, and bluffs. Nearby shops and restaurants at Golden Cove Plaza.

30637 Calle De Suenos Rancho Palos Verdes, CA 90275

$7,898,000
6 Beds
10 Baths
7,835 SqFt
Status Active
MLS # PV17085007
Property Type Single Family Residence
Build upon the dreams of visionaries in this beautifully appointed home that’s the embodiment of everything Palos Verdes was designed for: superior quality and unobstructed ocean views. This luxurious Mediterranean style home designed by Louie Tomaro features an open, light, and comfortable living environment with magnificent views from almost every room. Make a dramatic entrance through custom double glass doors with exquisite ironwork that flows down the impressive double heart shaped staircase. Above, a giant dome anchors the top floor with breathtaking volume. With 6 bedrooms and 10 baths with over 7,800 feet of living space there’s room for family and friends alike. Accented with 9 fireplaces, formal and recreational rooms, this luxurious home exudes warmth and comfort. Don’t miss the 500-gallon fish tank leading to the abundant wine cellar. The accents are highlighted by Venetian plaster, precast molding around the windows, authentic custom eaves, copper gutters, a 4 car garage, and smooth exterior stucco. Each room was designed to maximize volume with high ceilings. Many of the bathrooms are floor to ceiling tile, and two unique half baths near the entrance captivate with their originality. But wait until you see the backyard with its masterful infinity pool with steps leading from the home into diamond-tiled bliss. The view beyond gives you your own amphitheater to witness the Pacific Ocean’s daily moods stretching from Catalina Island to the Los Angeles basin.

2 Pine Tree Lane Rolling Hills, CA 90274

$7,495,000
6 Beds
8 Baths
7,585 SqFt
Status Active
MLS # PV17051588
Property Type Single Family Residence
This incredible, two and a half acre estate is centrally located in the heart of Rolling Hills, with dramatic views from the coastline to DTLA and beyond. Completely remodeled in 2009, this contemporary home is found down a wide, private driveway. A dramatic entry welcomes you, and walls of glass along the north wall highlight the panoramic views from most of the rooms. The spectacular great room includes a gourmet kitchen with a magnificent center island, double Sub-Zero refrigerator, commercial stove, double ovens and huge walk-in pantry. The family room features Fleetwood doors which open to multiple entertaining balconies. A huge office features custom built-ins, and the elegant living room and spacious formal dining room accentuate the living areas. The bedroom wing is highlighted by a magnificent master suite, complete with massive walk-in closet and lavish master bathroom. Some of the other features include a game room with bar, a full gym, theater, guest suite, indoor racquetball court, paddle tennis court, soccer field, and an incredible infinity edge pool and 12 person spa. An estate of this caliber wouldn’t be complete without an oversized, four car garage. This unbelievable home is priced below replacement value.

1544 Via Zurita Palos Verdes Estates, CA 90274

$7,200,000
6 Beds
6.5 Baths
7,720 SqFt
Status Active
MLS # PV17075482
Property Type Single Family Residence
A Rare Opportunity to own one of the Magnificent Estates of Palos Verdes. This Mediterranean Estate was custom built to entertain in and for a family to live in. The detail craftsmanship is astounding and can be only fully appreciated with a private walk through. The Main Level has an impressive foyer opening to a living room and French doors to the terrace and the view. There is a sitting room, a dining room, a powder bath and a guest room with a bath on this entry level. The large gourmet kitchen with top of the line appliances and features opens up to a larger family room with ocean and canyon views. A terrace wraps around the entire back of the house. The formal foyer has an elegant curving stair way. This upper level has 4 bedrooms, 3 baths, laundry room and an office/library. The master suite is approx. 1,000 sq. ft. of luxury. A luxurious master bath and an even more impressive huge closet/dressing room. The large master opens to a grand terrace that overlooks the Pacific Ocean, the green canyons of Palos Verdes. It is awe inspiring. The Lower Level has the 3 car garage, work shop, another guest bedroom and a recreational room with a fireplace. There is an indoor/outdoor covered room for casual entertaining with a full bar, refrigerator and wall size big screen making this area the envy of all man caves. All these rooms open to the pool, Jacuzzi, fire pit, outdoor kitchen with every feature possible, a putting green with chip shot & sand trap practice areas.

8 Upper Blackwater Cyn Road Rolling Hills, CA 90274

$6,995,000
5 Beds
6 Baths
6,552 SqFt
Status Active
MLS # PV17021238
Property Type Single Family Residence
Sitting on 3.5 acres this traditional, ranch style home is surrounded by canyons giving those looking for privacy the opportunity to enjoy country style living with the ease of modern amenities. Custom designed by renowned architect, George Sweeney, this estate is complete with 5 bedrooms, 6 bathrooms, over 6,000 sq. ft. of living space and a 500 sq. ft. pool house. The heart of the home can be found in the main living space which is comprised of the beautiful remodeled kitchen, formal dining room, living room and family room. In addition, there is a lower basement perfect for families to create a game room or movie theater. Beautiful craftsmanship can be found throughout the home from the open wood-beam ceilings to the built-ins in the office. Enjoy panoramic views from the expansive patio which flows off the living space, perfect for outdoor entertaining. From there, take a step down to the pool and pool house which comes with a ¾ bath, sauna, kitchenette and fireplace. The lower pad has a 777 sq. ft. barn with 3 stalls, a tack room and plenty of space for a riding ring or tennis court. This ranch is an equestrian families dream, with plenty of space and endless amenities to enjoy your land with the convenience and privacy of living in the gated city of Rolling Hills.

2822 Colt Road Rancho Palos Verdes, CA 90275

$6,950,000
5 Beds
7.5 Baths
7,500 SqFt
Status Active
MLS # PV16010720
Property Type Single Family Residence
This contemporary masterpiece offers uncompromising amenities. Spectacular views, a superb location, and distinctive design. It is the icon of new construction in Rancho Palos Verdes, and the South Bay. 5 Bdrms, 7.5 BA, 2 guest suites w/own bdrm, ba & kitchenette plus home office, study, separate in-law/housekeeper quarters has own kitchenette, bathroom & carport. Ultra modern pool house, 20X80 swimmers pool w/hot tub. Oversized 3 car garage w/10 additional spaces, detailed low maintenance landscaping surrounding the property. A stunning exterior and spacious well appointed interior blend seamlessly to create the ultimate indoor outdoor experience, including a gorgeous reflecting pool surrounding the entire home adding to the overall feeling of tranquility. The home is situated on one acre, cul-de-sac lot that is fully gated offering maximum privacy and breathtaking panoramic ocean, harbor, city, canyon, or mountain views from every room and vantage point. Close to Trump Golf Course, Terranea Resort, Cabrillo Marina and Freeway.Designed by an award winning architectural firm, this new construction custom estate is the first “green” residential project in RPV. Completion date scheduled for May 2017.

701 Via La Cuesta Palos Verdes Estates, CA 90274

$6,500,000
6 Beds
5.5 Baths
6,915 SqFt
Status Active
MLS # SB17030564
Property Type Single Family Residence
Dramatic Ocean, Queen’s Necklace, City, PV Golf Course and Downtown views from this gorgeous Hacienda Estate located in the heart of Malaga cove. Situated on a cul-de-sac on an elevated 41,441 Sf lot - this home offers complete privacy with approximate 6,915 SF living space, 6 BDs & 5.5 BAs with views from most rooms. Enter through a gated courtyard with lush landscape and a water fountain that leads to the front entrance. The formal entry opens to the living room with a wet bar and French doors that access a large balcony overlooking the backyard and views. The kitchen opens to the large family room and is complete with a Godin cooktop, built in microwave, large center island, beautiful wood cabinets and a walk in pantry. The master retreat features a sitting area, fireplace, a large walk in closet, a master bath with a spa tub, shower and double sinks. The media room with a wet bar + a bonus room that could be used as a bedroom/playroom are on the lower level. Multiple French doors access the outdoors is perfect for quiet relaxation with a pool, spa, a waterfall Koi Pond, orchard area with mature fruit trees & a walking trail that leads to an observation area overlooking views. Other features include wood floors in the main living rooms, wood beamed ceilings in the family room & kitchen a 5-car garage, 2 stairways that lead downstairs and 6 fireplaces.

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