$5,980,000
$500K PRICE DROP

1640 Paseo Del Mar Palos Verdes Estates, CA 90274

Estimated payment $35,599/month

Total Views 21,386
5 Beds
6 Baths
4,400 Sq Ft
$1,359 Price per Sq Ft

Highlights

  • Ocean Front
  • Senior Community
  • Ocean Side of Highway 1
  • Heated Pool
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

Nestled along the most prestigious street in Palos Verdes Estates, this remarkable residence enjoys an unrivaled location directly across from the bluffs. With protected parkland in front, the home boasts uninterrupted, protected panoramic ocean views stretching from the iconic Queen’s Necklace to Malibu’s Point Dume. The breathtaking scenery also includes vistas of downtown Los Angeles, the Hollywood Sign, Griffith Park Observatory, and mesmerizing city lights that twinkle along the coastline at night. Spanning approximately 4,300 square feet (buyer to verify), this expansive home features five generously sized bedrooms and six bathrooms. Upstairs, are five spacious bedrooms, with two offering stunning ocean views and access to a spacious balcony and laundry room. The primary suite is complemented by a luxurious en-suite bath, spectacular views, and dressing area. Three additional bedrooms share a second balcony overlooking the backyard and pool area. The main level is designed for seamless indoor-outdoor living, with large folding style doors that invite the coastal breeze and frame the spectacular ocean views. The open-concept dining area flows effortlessly into the spacious kitchen, family room, a home theater area, and an expansive living room with ocean views provide ample space for entertainment and relaxation. Two half baths serve this level, including one with direct backyard access for convenience when enjoying the pool and outdoor kitchen. The outdoor space is an entertainer’s dream, featuring a large yard, a built-in cooking area, a pool, and spa. Parking is plentiful, with a three-car garage accessible via the back alley and an additional parking pad that accommodates up to five more vehicles. Designed with future possibilities in mind, the home is elevator-ready and offers potential for an ADU. Originally renovated and expanded in 2013, this extraordinary property is a true estate home with breathtaking and highly sought after location. Close to award wining schools and easy access off the hill to restaurants and shopping. Owners in Palos Verdes Estates can join the beautiful Palos Verdes Golf Club, Tennis Club, and Swim Club located on the ocean.

Listing Agent

Suzanne Dyer

Strand Hill Properties Brokerage Phone: 310-528-7480 License #01054310 Listed on: 03/31/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,946

Year Built

  • Built in 1976

Lot Details

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

Parking

  • 3 Car Garage
  • Parking Available
  • Circular Driveway

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Mountain
  • Park or Greenbelt
  • Pool

Interior Spaces

  • 4,400 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 6 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Patio
  • Outdoor Grill
  • Front Porch

Schools

  • Palos Verdes Middle School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • Senior Community
  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 11 / 1270
  • Tax Tract Number 7140
  • Assessor Parcel Number 7541006011

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,946

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541006011
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4400.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 5
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Levels: Two
  • Price Per Square Foot: 1359.09
  • Room Type: All Bedrooms Up, Entry, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Primary Suite
  • Spa Features: Private
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Mountain(s), Ocean, Panoramic, Park/Greenbelt, Pool
  • Patio And Porch Features: Patio, Front Porch
  • Pool Features: Private, Heated
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator, Trash Compactor, Warming Drawer, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes
  • Community Features: Curbs

Schools

  • School District: Palos Verdes Peninsula Unified
  • Middle School: Palos Verdes
  • Middle Or Junior School: Palos Verdes

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, 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 Front, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 1270
  • Tax Census Tract: 6703.26
  • Tax Lot: 11
  • Tax Tract Number: 7140

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
2025 $36,946 $3,256,684 $2,562,353 $694,331
2024 $36,946 $3,192,828 $2,512,111 $680,717
2023 $36,358 $3,130,224 $2,462,854 $667,370
2022 $34,552 $3,068,848 $2,414,563 $654,285
2021 $34,530 $3,008,675 $2,367,219 $641,456
2020 $34,069 $2,977,826 $2,342,947 $634,879
2019 $33,084 $2,919,438 $2,297,007 $622,431
2018 $32,840 $2,862,195 $2,251,968 $610,227
2016 $31,181 $2,751,054 $2,164,522 $586,532
2015 $30,859 $2,709,731 $2,132,009 $577,722
2014 $30,197 $2,656,652 $2,090,246 $566,406
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Price Changed $5,980,000 -4.3% $1,359 / Sq Ft
04/22/2025 04/22/25 Price Changed $6,248,000 -3.6% $1,420 / Sq Ft
03/31/2025 03/31/25 For Sale $6,480,000 -- $1,473 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,335,000 Usa National Title Company
Grant Deed $861,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $868,000 New Conventional
Closed $1,460,497 New Conventional
Closed $200,000 Credit Line Revolving
Closed $1,485,000 New Conventional
Closed $1,485,000 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $430,000 Credit Line Revolving
Previous Owner $215,000 Credit Line Revolving
Previous Owner $1,091,400 Unknown
Previous Owner $949,000 Unknown
Previous Owner $785,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $736,000 Unknown
Previous Owner $688,800 Purchase Money Mortgage
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV25069829

California Regional Multiple Listing Service (CRMLS)

APN: 7541-006-011