NOT LISTED FOR SALE

Estimated Value: $5,444,000 - $6,868,000

5 Beds
6 Baths
5,490 Sq Ft
$1,126/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $5,700,000 $1,038 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $40,159/month

1 Day on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Updated Kitchen
  • Vista Grande Elementary Rated A+
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of February 2023

Welcome to Paris meets Palos Verdes Estates in this stunning transitional home with one of the best, most expansive unobstructed views on the Peninsula – from Catalina to Malibu! A true family estate abounding with custom finishes, expert craftsmanship and thoughtful amenities throughout! Walk in to a formal foyer with a dramatically lit two-level circular staircase and grand windows framing the intimate view of the ocean and Lunada Bay neighborhood. Large rooms, soaring ceilings, oversized windows and doors, large balconies and patios bring the majestic views into nearly every room of the house! Enjoy the view from the top-of-the-line remodeled kitchen which includes a large center island, a sunny breakfast room with garden vistas and an adjacent outdoor barbecue area. The primary suite on the main level with en suite remodeled bathroom and large walk-in closet make it easy for one level living. The lower level boasts 10-foot ceilings that create light and space rarely seen in Palos Verdes. The large media room includes a glass-enclosed temperature-controlled wine cellar with accordion door access, pool table, floating counters, and full movie seating area which opens onto the party-sized back veranda overlooking the pool and spa – ideal for indoor-outdoor entertaining. Additionally, there are three bedrooms with en suite baths, including a second primary suite, and a fourth bedroom with adjacent hall bath. A downstairs kitchenette, huge laundry room and craft room, as well as a large exercise room fills your family's and guest’s every need! Convenient and irreplaceable [maybe exceptional instead] Upper Lunada Bay location. A true one-of-a-kind, remarkable home!

Last Agent to Sell the Property

Karen Lowe

Compass License #02152213 Listed on: 01/16/2023

Compass

Co-Listed By

Sharon Benton

The Agency License #02021318

Last Buyer's Agent

Maureen Megowan

Estate Properties License #01368971

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,499

Year Built

  • Built in 1986

Lot Details

  • 0.35 Acre Lot
  • Block Wall Fence
  • Stucco Fence
  • Front and Back Yard Sprinklers
  • Property is zoned PVR1*

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Three Garage Doors
  • Garage Door Opener
  • Driveway Down Slope From Street

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Bluff
  • Pool
  • Neighborhood

Home Design

  • Slab Foundation
  • Frame Construction
  • Spanish Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,490 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Storage
  • Home Gym

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 6 Full Bathrooms
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry Chute

Home Security

  • Security Lights
  • Carbon Monoxide Detectors

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Open Patio
  • Terrace
  • Outdoor Grill

Schools

  • Lunada Bay Elementary School
  • Palos Verdes Middle School
  • Palos Verdes High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 66
  • Tax Tract Number 27438
  • Assessor Parcel Number 7543048019

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,499

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 3109952622
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security Lights
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7543048019
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5490.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Ceiling Fan(s), High Ceilings, In-Law Floorplan, Living Room Balcony, Pantry, Quartz Counters, Recessed Lighting, Storage, Track Lighting, Vacuum Central, Wet Bar, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Den, Family Room, Living Room, Master Bedroom, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1038.25
  • Room Type: Exercise Room, Family Room, Formal Entry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Two Masters, Walk-In Closet
  • Spa Features: Heated, In Ground
  • Window Features: Custom Covering, Drapes
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Linen Closet/Storage, Main Floor Full Bath, Privacy Toilet Door, Remodeled, Separate Tub And Shower, Soaking Tub, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter, Slab
  • View: Bluff, City Lights, Coastline, Neighborhood, Ocean, Panoramic, Pool
  • Fence: Yes
  • Fencing: Block, Stucco Wall
  • Patio And Porch Features: Patio, Patio Open, Terrace
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Driveway Down Slope From Street, Garage, Garage - Three Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Disposal, Gas Range, Microwave, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Laundry Chute
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Lunada Bay
  • Middle School: Palos Verdes
  • High School: Palos Verdes
  • Elementary School: Lunada Bay
  • High School: Palos Verdes
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: LUNBAY
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 15397.00
  • Lot Size Acres: 0.3535

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15397.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.28
  • Tax Lot: 66
  • Tax Tract Number: 27438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Jan 27, 2023
Sold by
2011 Bruni Family Trust
Bought by
Mcdonald Family Trust
Seller's Agent
Karen Lowe
Compass
Buyer's Agent
Maureen Megowan
Estate Properties
List Price
$5,499,000
Sold Price
$5,700,000
Premium/Discount to List
$201,000
3.66%
Total Days on Market
1
Views
99
Current Estimated Value
$6,181,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,688
Avg. Annual Appreciation
3.64%
Original Mortgage
$5,000,000
Outstanding Balance
$4,873,702
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$1,307,986

Purchase Details

Listed on
May 25, 2018
Closed on
May 31, 2018
Sold by
Reynolds Dean
Bought by
Bruni Harry W and Bruni Sylvia P
Seller's Agent
Les Fishman
Coldwell Banker Realty
Buyer's Agent
Chris Fitzpatrick
Pacific Land Corporation
List Price
$3,499,000
Sold Price
$3,500,000
Premium/Discount to List
$1,000
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
May 5, 2015
Sold by
Fletcher Mary E
Bought by
Fletcher Mary E

Purchase Details

Closed on
Sep 12, 2001
Sold by
Fletcher Edward Theodore and Fletcher Mary Elizabeth
Bought by
Fletcher Edward T and Fletcher Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$884,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 1998
Sold by
Fletcher Edward T
Bought by
Fletcher Edward Theodore and Fletcher Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcdonald Family Trust $5,700,000 Chicago Title
Bruni Harry W $3,500,000 Progressive Title Company
Fletcher Mary E -- None Available
Fletcher Edward T -- American Title
Fletcher Edward Theodore -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Family Trust $5,000,000
Previous Owner Fletcher Edward T $1,487,500
Previous Owner Fletcher Edward T $884,000
Previous Owner Fletcher Edward Theodore $731,700
Previous Owner Fletcher Edward T $250,000
Previous Owner Fletcher Edward T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $5,700,000 +3.7% $1,038 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $5,499,000 +57.1% $1,002 / Sq Ft
06/20/2018 06/20/18 Sold $3,500,000 0.0% $666 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $3,499,000 -- $665 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $65,499 $5,814,000 $3,779,100 $2,034,900
2023 $44,160 $3,827,757 $2,379,334 $1,448,423
2022 $41,954 $3,752,704 $2,332,681 $1,420,023
2021 $41,919 $3,679,123 $2,286,943 $1,392,180
2020 $41,358 $3,641,399 $2,263,494 $1,377,905
2019 $40,118 $3,570,000 $2,219,112 $1,350,888
2018 $17,844 $1,443,988 $509,851 $934,137
2016 $16,899 $1,387,917 $490,053 $897,864
2015 $16,715 $1,367,070 $482,692 $884,378
2014 -- $1,340,292 $473,237 $867,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV23003614

California Regional Multiple Listing Service (CRMLS)

APN: 7543-048-019