
1716 Addison Rd Palos Verdes Estates, CA 90274
Estimated Value: $4,569,187 - $5,421,000
Highlights
- Ocean View
- Primary Bedroom Suite
- Heated Floor in Bathroom
- Lunada Bay Elementary School Rated A+
- Updated Kitchen
- Open Floorplan
About This Home
As of May 2023Situated on a coveted street in highly desired lower Lunada Bay, this exquisite coastal Mediterranean estate, designed by renowned architect, Doug Leach, and custom built in 2009, offers unparalleled design and comfort with modern aesthetics. Excellent curb appeal with a beautifully landscaped spacious front courtyard highlighted with a decorative fountain.
This well-thought-out, open concept floor plan allows free flowing, stylish living, elegant entertaining, and multi-functional spaces. Upon entering the foyer, one is greeted with the gracious formal living and dining room to the right, and to the left a spacious guest suite with ensuite bathroom. The huge great room seamlessly integrates the family room with an impressive fireplace, and gourmet kitchen with top notch high-end stainless appliances and butler’s pantry, which is anchored by the large center island. The casual dining area leads to the gorgeous terraced rear yard.
In the upstairs living area, retreat to the beautiful owner’s suite, designed for ultimate relaxation and privacy, complete with a luxurious ensuite bathroom with dual vanities, jacuzzi spa tub, plus a substantial walk-in closet. Additionally, on the second floor, are two more spacious bedrooms, another luxurious full-sized bathroom, plus an executive office with an adjoining viewing deck (or 5th bedroom). Numerous notable features – see attached ‘Features Sheet’ in supplements.
Stunning, well-appointed, and private rear yard, beautifully designed hardscape and landscape, with multiple patios for quality everyday living and entertainment. Flow into the lower patio, just off the great room, to the sizable built-in seating surrounding a large firepit, creating a warm ambience to light up the night. Enjoy ocean and sunset views from the upper deck that boasts a generously sized outdoor kitchen, complete with imported Italian wood burning pizza oven, professional BBQ, sit-up bar and al fresco dining. Discover another level boasting a hidden lounge area.
California lifestyle at its best in this quintessential neighborhood, removed from hectic city life, yet with good on/off hill access! This idyllic location is priceless, with hiking trails and ocean bluffs - hike down to Bluff Cove for great surfing! Close to Lunada Bay Plaza for eateries, local market, hardware, liquor and pet stores, plus enjoy summer concerts in the park. Oh, and did I mention the home is just a short stroll to award winning Palos Verdes High School!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,452
Year Built
- Built in 2009
Lot Details
- 8,950 Sq Ft Lot
- Block Wall Fence
- Landscaped
- Sprinklers on Timer
- Back and Front Yard
- Property is zoned PVR1*
Parking
- 2 Car Garage
- Parking Available
- Garage Door Opener
- Up Slope from Street
Property Views
- Ocean
- Peek-A-Boo
Home Design
- Mediterranean Architecture
- Turnkey
- Spanish Tile Roof
- Copper Plumbing
Interior Spaces
- 3,619 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Sound
- Built-In Features
- High Ceiling
- Skylights
- Recessed Lighting
- Wood Burning Fireplace
- Gas Fireplace
- Custom Window Coverings
- French Doors
- Formal Entry
- Great Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Storage
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Butlers Pantry
- Six Burner Stove
- Built-In Range
- Range Hood
- Warming Drawer
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Self-Closing Drawers and Cabinet Doors
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- 4 Full Bathrooms
- Heated Floor in Bathroom
- Granite Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Low Flow Toliet
- Hydromassage or Jetted Bathtub
- Separate Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
Home Security
- Closed Circuit Camera
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Balcony
- Deck
- Fireplace in Patio
- Stone Porch or Patio
- Outdoor Fireplace
- Fire Pit
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Wood
- Vented Exhaust Fan
- Natural Gas Connected
- Tankless Water Heater
- Water Purifier
Listing and Financial Details
- Legal Lot and Block 22 / 1277
- Tax Tract Number 7140
- Assessor Parcel Number 7541012021
Community Details
Overview
- No Home Owners Association
Recreation
- Hiking Trails
- Bike Trail
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in Palos Verdes Estates, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Contreras Angelica | $4,800,000 | Consumers Title Company | |
Yarymovych Nicholas A | -- | None Available | |
Yarymovych Nicholas A | -- | Chicago Title Insurance Co | |
Yarymovych Nicholas A | -- | Lawyers Title Company | |
Yarymovych Nicholas A | $530,000 | Fidelity National Title Co | |
Trinkley Clair O | -- | -- |
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Yarymovych Nicholas A | $1,820,000 | |
Previous Owner | Yarymovych Nicholas A | $385,000 | |
Previous Owner | Yarymovych Nicholas A | $130,000 | |
Previous Owner | Yarymovych Nicholas A | $910,000 | |
Previous Owner | Yarymovych Nicholas A | $150,000 | |
Previous Owner | Yarymovych Nicholas A | $40,000 | |
Previous Owner | Yarymovych Nicholas A | $296,500 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/08/2023 05/08/23 | Sold | $4,800,000 | +11.6% | $1,326 / Sq Ft |
04/23/2023 04/23/23 | Pending | -- | -- | -- |
04/20/2023 04/20/23 | For Sale | $4,300,000 | -- | $1,188 / Sq Ft |
Tax History Compared to Growth
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 | $7,452 | $483,533 | $259,577 | $223,956 |
2023 | $21,431 | $1,783,353 | $653,287 | $1,130,066 |
2022 | $20,393 | $1,748,386 | $640,478 | $1,107,908 |
2021 | $20,388 | $1,714,105 | $627,920 | $1,086,185 |
2020 | $20,119 | $1,696,530 | $621,482 | $1,075,048 |
2019 | $19,537 | $1,663,266 | $609,297 | $1,053,969 |
2018 | $19,401 | $1,630,653 | $597,350 | $1,033,303 |
2016 | $18,403 | $1,567,335 | $574,155 | $993,180 |
2015 | $18,208 | $1,543,793 | $565,531 | $978,262 |
2014 | $17,935 | $1,513,554 | $554,454 | $959,100 |
Agents Affiliated with this Home
-
Seller's Agent in 2023
Steve Smith
Compass
(310) 418-1741
7 in this area
83 Total Sales
-
Buyer's Agent in 2023
Daniel Assayag
Vista Sotheby’s International Realty
(310) 493-2100
2 in this area
49 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV23064212

APN: 7541-012-021
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