1701 Paseo La Cresta Lower $8,500,000

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    1701 Paseo La Cresta Lower Palos Verdes Estates, CA 90274

    • 5 Beds
    • 8 Baths
    • 9,484 sq. ft.
    • Single-Family
    • MLS# SB20094684
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    Views: 67 Days On Market: 85

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    Property Details

    This lush Tuscan Villa is a classic estate with dramatic ocean and sunset views, gorgeous facade, manicured grounds with dozens of mature palm trees, travertine pool deck, sports court & more. The drama begins from the onset at the beautiful wrought iron driveway gate with the garden, fountain & ocean in the background as you approach the entry down the long driveway. Finally, you've arrived at the circular motor court made from stone excavated from the site itself. Step through the wrought iron front doors framed by unyielding stone columns & archway into the well designed 9,500 sf home. The house features 5 bedrooms, 8 bathrooms, library, media room, gym, office, wine cellar, pool, sports court, putting green, balconies, outdoor kitchen+dining area & fire pit. The entry level has an open floor plan showcasing the views w/family rm-generous kitchen- breakfast nook and 5 car garage & French doors to the outside- ideal for routine living & hosting. Also on the main level: dining & living rm, media rm, library & guest bdrm. The upstairs features the master wing + 3 big en-suite bdrms all with ocean views. The master wing features a luxurious bathroom & huge walk-in closet w/center island. Other features: 3-stop elevator, basement w/gym, full bath w/steam shower + sauna, wine cellar, French limestone, custom wood floors, premier carpentry, venetian plaster & faux paint. The views & overall complexion make this one of the most high quality & timeless homes constructed in PV.

    • General Features
      • Association Fee 0.00
      • Community Features Suburban
      • County Or Parish Los Angeles
      • Number Of Units Total 1
      • Property Condition Turnkey
      • Year Built 2002
    • Building Features
      • Appliances 6 Burner Stove,Built-In Range,Convection Oven,Dishwasher,Gas Range,Indoor Grill,Range Hood,Water Softener
      • Cooling Zoned
      • Fireplace Features Family Room,Game Room,Library,Living Room,Master Bedroom
      • Flooring Stone,Wood
      • Full Bathrooms 2
      • Half Bathrooms 2
      • Bedrooms Total 5
      • Heating Zoned,Forced Air,Fireplace(s),See Remarks
      • Interior Features 2 Staircases,Balcony,Built-in Features,Coffered Ceiling(s),Crown Molding,Elevator,High Ceilings,Open Floorplan,Pantry,Stone Counters,Storage,Two Story Ceilings,Wet Bar
      • Laundry Features Individual Room,Inside
      • Levels Three Or More
      • Living Area 9484.00
      • Patio and Porch Features Patio,Patio Open,See Remarks
    • Room Features
      • Eating Area Breakfast Counter / Bar, Breakfast Nook, In Living Room, See Remarks
    • Property Features
      • Lot Features Lot 20000-39999 Sqft
      • Lot Size Acres 0.91
      • View Error: ClassID in tblMLSFieldPropertyType is null.
      • Parking Total 11.00
      • Pool Private Y/N Error: ClassID in tblMLSFieldPropertyType is null.
      • Pool Features Private,In Ground
    • Schools
      • High School PALVER

    Contact

    Afsaneh

    Afsaneh 'Sunny' Rahmani

    Sales Associate

    CA BRE # 01411242

    RE/MAX ESTATE PROPERTIES

    Mobile Phone: 310-977-2345

    Neighborhood

    90274 (Palos Verdes Estates) Demographics

    50 Median Age
    2,131 Population Density (per sq. mile)
    76% College Educated
    $158,673 Estimated Median Income
    8,173 Estimated Total Home Owners
    1,095 Estimated Total Renters
    88% / 12% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    25,503 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    54 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $8,500,000
        7/30/2020 1:21:00 PM Price Reduced Source New Value: $8,500,000 -15%
        5/19/2020 12:27:00 PM New in Database Source New Value: $9,999,999

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 8/12/2020 10:46:35 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.