$3,899,000
$201K PRICE DROP

128 Rocky Point Rd Palos Verdes Estates, CA 90274

Estimated payment $23,899/month

Total Views 19,307
4 Beds
4.5 Baths
3,000 Sq Ft
$1,300 Price per Sq Ft

Highlights

  • Property has ocean access
  • Greenhouse
  • Ocean Side of Highway 1
  • Lunada Bay Elementary School Rated A+
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

Just steps from the ocean and nestled in the exclusive Rocky Point Estates—home to some of Palos Verdes Estates’ most distinguished properties—this dramatic one-level residence offers an exceptional blend of privacy, sophistication, and relaxed coastal living. Originally constructed by a builder as his personal residence, the home reflects meticulous attention to detail and thoughtful craftsmanship throughout. Soaring ceilings and retractable walls of glass create a seamless indoor-outdoor experience, opening onto expansive patios and a sprawling lawn—generous enough to accommodate a pool—perfect for entertaining or enjoying quiet afternoons in the sun. Designed to capture the refreshing coastal breezes and the invigorating scent of ocean air, the home exudes the tranquility of a luxury retreat. The flowing floor plan connects formal living and dining spaces with a stunning chef’s kitchen, creating an ideal setting for gatherings both large and intimate. Beautiful hardwood floors run throughout, anchored by two wood-burning fireplaces that bring warmth and ambiance to the living and family rooms. Each of the four bedrooms includes its own ensuite bathroom, with the private primary suite offering a peaceful sanctuary. Additional features include a new roof, ceiling fans throughout, two tankless water heaters, and a charming greenhouse. Located in the heart of Palos Verdes Estates—one of Southern California’s most picturesque and prestigious coastal communities—residents enjoy lush landscaping, dramatic ocean bluffs, scenic hiking trails, and an unparalleled sense of peace and security. The city is renowned for its commitment to preserving natural beauty, its top-rated public schools (three of which are within walking distance of this home), and its close-knit, welcoming community. This ideal location offers convenient access off the hill while also granting residents the opportunity to join the city-owned Palos Verdes Beach and Athletic Club—an exclusive oceanfront facility featuring a pool, fitness center, and private beach access—as well as membership options at the Palos Verdes Golf Club and Tennis Club. From morning walks along the clifftops to dining at Lunada Bay Plaza, this home is a rare opportunity to fully embrace the refined, relaxed Southern California lifestyle.

Listing Agent

Suzanne Dyer

Strand Hill Properties Brokerage Phone: 310-528-7480 License #01054310 Listed on: 06/06/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,883

Year Built

  • Built in 1955

Lot Details

  • 0.27 Acre Lot
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned PVR1*

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Blinds
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Views of Hills
  • Laundry Room
  • Attic

Kitchen

  • Updated Kitchen
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • In-Law or Guest Suite

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Patio
  • Greenhouse
  • Rain Gutters

Schools

  • Lunada Bay Elementary School
  • Palos Verdes Middle School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 69
  • Tax Tract Number 17606
  • Assessor Parcel Number 7542036021
  • $1,868 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,883

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7542036021
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, In-Law Floorplan, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1299.67
  • Room Type: All Bedrooms Down, Attic, Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite, Walk-In Closet
  • Window Features: Blinds, Insulated Windows
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Greenhouse
  • View: Hills
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Disposal, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Hiking Trails
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Gutters, Park

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Lunada Bay
  • Middle School: Palos Verdes
  • Elementary School: Lunada Bay
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: LUNBAY

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Level, Sprinkler System, Yard
  • Lot Size Sq Ft: 11663.00
  • Lot Size Acres: 0.2677

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11663.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 6703.28
  • Tax Lot: 69
  • Tax Tract Number: 17606
  • TaxOtherAnnualAssessmentAmount: 1868.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $27,883 $2,395,064 $1,744,349 $650,715
2023 $27,329 $2,348,103 $1,710,147 $637,956
2022 $23,772 $2,095,761 $1,676,615 $419,146
2021 $23,773 $2,054,669 $1,643,741 $410,928
2019 $22,759 $1,993,729 $1,594,988 $398,741
2018 $22,595 $1,954,637 $1,563,714 $390,923
2016 $20,410 $1,780,000 $1,424,600 $355,400
2015 $20,483 $1,780,000 $1,424,600 $355,400
2014 $19,619 $1,693,000 $1,355,000 $338,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $3,899,000 -4.9% $1,300 / Sq Ft
06/06/2025 06/06/25 For Sale $4,100,000 -- $1,367 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,660,000 United Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Purchase Money Mortgage
Previous Owner $350,000 Unknown
Previous Owner $260,000 Fannie Mae Freddie Mac
Previous Owner $70,000 Credit Line Revolving
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV25127395

California Regional Multiple Listing Service (CRMLS)

APN: 7542-036-021