Seller's Agent in 2023
Steve Smith
Compass
(310) 418-1741
9 in this area
78 Total Sales
1716 Addison Rd Palos Verdes Estates, CA 90274
Estimated Value: $4,370,000 - $5,444,000
5
Beds
4
Baths
3,619
Sq Ft
$1,314/Sq Ft
Est. Value
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
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
- Entry on the 1st floor
- 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
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2023
Closed on
May 3, 2023
Sold by
Flying Y Family Trust
Bought by
Contreras Angelica
Seller's Agent
Steve Smith
Compass
Buyer's Agent
Daniel Assayag
Vista Sotheby’s International Realty
List Price
$4,300,000
Sold Price
$4,800,000
Premium/Discount to List
$500,000
11.63%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,010
Avg. Annual Appreciation
-0.32%
Purchase Details
Closed on
Dec 8, 2012
Sold by
Yarymovych Nicholas A
Bought by
Yarymovych Nicholas A and Yarymovych Camila P
Purchase Details
Closed on
Sep 24, 2001
Sold by
Yarymovych Camila P
Bought by
Yarymovych Nicholas A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.9%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jan 21, 1999
Sold by
Yarymovich Nicholas A and Yarymovych Camila P
Bought by
Yarymovych Nicholas A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 21, 1998
Sold by
Clair O Trinkley Family Trust and Zane
Bought by
Yarymovych Nicholas A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,500
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 7, 1993
Sold by
Trinkley Clair O
Bought by
Trinkley Clair O
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Yarymovych Nicholas A | $150,000 | |
| Previous Owner | Yarymovych Nicholas A | $40,000 | |
| Previous Owner | Yarymovych Nicholas A | $296,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $7,452 | $493,203 | $264,768 | $228,435 |
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Smith
-
Daniel Assayag
Buyer's Agent in 2023
Daniel Assayag
Vista Sotheby’s International Realty
(310) 493-2100
1 in this area
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV23064212
APN: 7541-012-021
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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