NOT LISTED FOR SALE

Estimated Value: $5,318,000 - $6,135,000

6 Beds
7.5 Baths
6,434 Sq Ft
$868/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $4,800,000 $746 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $36,042/month

34 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Wine Cellar
  • Vista Grande Elementary Rated A+
  • Tennis Courts
  • 4-minute walk to George Allen Field

About This Home

As of June 2023

Welcome to 1540 Via Zurita, a grand, resort-like estate within the exclusive Monte Malaga enclave of Palos Verdes Estates. Filled with exceptional country club-like amenities and boasting ocean views and sunlit interiors, this six all-ensuite bedroom, seven-bath, enjoys 8,138 square feet of thoughtfully designed, breezy indoor-outdoor living space including a 1,704 sq ft permitted basement space for a total of 8138 square feet.
Set across from a lush community park and past a secured gate, the home’s interiors are replete with vaulted cathedral ceilings, expanses of windows, hardwood floors and multiple fireplaces. Living spaces on every level open to sunny patios and terraces, which boast ocean and coastline views. The main level presents a bright kitchen with stone countertops, an oversized island and crisp white cabinetry. Additional features include a full fitness studio, library, office with built-in bookcases and patio, a 1,000-bottle wine cellar and a home theatre.
Outside is a five-star resort-like atmosphere. Dip into the black-bottom pool, which features a waterfall slide, and an 8-person grotto. Relax on the grass lawn or by the fire pit and take in the views, or play a rousing game of doubles or pickle ball on the full tennis court—all set to sweeping ocean panoramas.
This estate is also equipped with solar panels, a triple-zoned air conditioner and HyperHEPA central filtration system and a three-car garage with three separate Tesla chargers.
1540 Via Zurita is minutes to award-winning Palos Verdes Unified schools, golf courses, the beach, bluffs, hiking trails as well as downtown Long Beach, Manhattan Beach and Redondo Beach’s dining and shopping....

Last Agent to Sell the Property

Karen Lowe

Compass License #02152213 Listed on: 04/17/2023

Compass

Co-Listed By

Sharon Benton

The Agency License #02021318

Last Buyer's Agent

Stephen Haw

Keller Williams Palos Verdes License #00808646

Keller Williams Palos Verdes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,313

Year Built

  • Built in 1992

Lot Details

  • 0.49 Acre Lot
  • Wrought Iron Fence
  • Privacy Fence
  • Sprinkler System
  • Property is zoned PVR1*

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Automatic Gate

Property Views

  • Ocean
  • Panoramic
  • Pool

Home Design

  • Traditional Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,434 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Bar
  • Dry Bar
  • Cathedral Ceiling
  • Recessed Lighting
  • Awning
  • French Doors
  • Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Bonus Room
  • Storage
  • Laundry Room
  • Home Gym
  • Wood Flooring
  • Attic
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Low Flow Toliet
  • Bathtub
  • Walk-in Shower

Home Security

  • Home Security System
  • Security Lights
  • Intercom
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR Qualified Equipment for Heating
  • Solar Power System

Pool

  • Black Bottom Pool
  • Solar Heated Lap Pool
  • Solar Heated In Ground Pool
  • Exercise
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Living Room Balcony
  • Deck
  • Patio
  • Outdoor Storage

Schools

  • Montemalaga Elementary School
  • Palos Verdes Middle School
  • Palos Verdes High School

Utilities

  • Central Heating and Cooling System
  • Water Softener

Listing and Financial Details

  • Legal Lot and Block 7 / 6
  • Tax Tract Number 7334
  • Assessor Parcel Number 7541036007
  • $2,633 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Park
  • Horse Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,313

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 3109952622
  • Property Attached: No
  • Security: Automatic Gate, Security Lights, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: PVR1*
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541036007
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6434.00 Square Feet
  • Interior Amenities: Balcony, Bar, Cathedral Ceiling(s), Dry Bar, High Ceilings, In-Law Floorplan, Intercom, Living Room Balcony, Pantry, Recessed Lighting, Storage, Vacuum Central
  • Stories: 3
  • Entry Location: /
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Library, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 746.04
  • Room Type: Attic, Basement, Bonus Room, Den, Entry, Exercise Room, Family Room, Foyer, Guest/Maid's Quarters, Home Theatre, Kitchen, Laundry, Library, Living Room, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Separate Family Room, Walk-In Closet, Wine Cellar
  • Spa Features: Private, Heated, In Ground
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower
  • Room Kitchen Features: Kitchen Island
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • Other Structures: Storage, Tennis Court Private
  • Exterior Features: Awning(s)
  • View: Ocean, Panoramic, Pool
  • Fence: Yes
  • Fencing: Privacy, Wrought Iron
  • Patio And Porch Features: Deck
  • Pool Features: Private, Black Bottom, Exercise Pool, Heated, In Ground, Lap, Solar Heat
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side, Gated
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Microwave, Trash Compactor, Water Softener
  • Electric: Standard
  • Heating Type: Central, ENERGY STAR Qualified Equipment
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Horse Trails, Park

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Montemalaga
  • Middle School: Palos Verdes
  • High School: Palos Verdes
  • Elementary School: Montemalaga
  • High School: Palos Verdes
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: MONTEM
  • High School2: PALVER

Green Features

  • Green Water Conservation: Flow Control
  • Efficiency: HVAC
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 21220.00
  • Lot Size Acres: 0.4871

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21220.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 6703.26
  • Tax Lot: 7
  • Tax Tract Number: 7334
  • TaxOtherAnnualAssessmentAmount: 2633.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 23, 2023
Sold by
Slay Family Trust
Bought by
Yue Dennis and Chen Jessica
Seller's Agent
Karen Lowe
Compass
Buyer's Agent
Stephen Haw
Keller Williams Palos Verdes
List Price
$5,398,000
Sold Price
$4,800,000
Premium/Discount to List
-$598,000
-11.08%
Total Days on Market
34
Views
180
Current Estimated Value
$5,584,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$784,638
Avg. Annual Appreciation
8.12%
Original Mortgage
$2,350,000
Outstanding Balance
$2,299,488
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$3,285,150

Purchase Details

Closed on
Jun 20, 2009
Sold by
Slay Robert
Bought by
Slay Robert D and Brenneman Slay Gayne M

Purchase Details

Closed on
Oct 11, 2000
Sold by
Hong Joseph M
Bought by
Slay Robert and Slay Gayne Brenneman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage
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
Yue Dennis $4,800,000 Chicago Title
Slay Robert D -- None Available
Slay Robert $1,950,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yue Dennis $2,350,000
Previous Owner Slay Robert $322,700
Previous Owner Slay Robert $540,000
Previous Owner Slay Robert $450,000
Previous Owner Hong Joseph M C $403,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $4,800,000 -6.9% $746 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
04/28/2023 04/28/23 Price Changed $5,158,000 -4.4% $802 / Sq Ft
04/17/2023 04/17/23 For Sale $5,398,000 -- $839 / 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 $56,313 $4,896,000 $2,825,400 $2,070,600
2023 $34,812 $2,907,306 $1,738,003 $1,169,303
2022 $32,520 $2,850,301 $1,703,925 $1,146,376
2021 $32,511 $2,794,414 $1,670,515 $1,123,899
2020 $32,092 $2,765,761 $1,653,386 $1,112,375
2019 $31,155 $2,711,531 $1,620,967 $1,090,564
2018 $30,747 $2,658,365 $1,589,184 $1,069,181
2016 $29,173 $2,555,139 $1,527,475 $1,027,664
2015 $29,264 $2,516,759 $1,504,531 $1,012,228
2014 $28,821 $2,467,460 $1,475,060 $992,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV23058676

California Regional Multiple Listing Service (CRMLS)

APN: 7541-036-007