2 Possum Ridge Rd Rolling Hills, CA 90274
Rolling Hills NeighborhoodEstimated Value: $4,042,000 - $5,481,017
2
Beds
2
Baths
2,016
Sq Ft
$2,515/Sq Ft
Est. Value
Highlights
- Ocean View
- Community Stables
- 4.77 Acre Lot
- Dapplegray Elementary School Rated A+
- Horse Property
- Open Floorplan
About This Home
As of September 2023Introducing a once-in-a-lifetime opportunity: 2 Possum Ridge Rolling Hills. This remarkable property, situated on an expansive 4.7-acre lot, captivates with its sweeping vistas and unlimited potential. For the first time in an astounding 74 years, this coveted estate is ready to welcome a new chapter in its storied history.
Perched high above the city, the property offers an awe-inspiring panorama that includes the dynamic skyline of downtown Los Angeles and the serene ocean views of the Redondo Beach Queens Necklace. Imagine waking up to the golden glow of sunrise over the city and winding down with the gentle hues of a Pacific sunset—each day a masterpiece of nature's canvas.
At the heart of this estate is a charming 2-bedroom, 2-bathroom, 2,016 square foot home—a testament to its enduring legacy. Alternatively, for those with a vision of their dream home, this property provides a rare opportunity to create a custom masterpiece. Whether you choose to craft a new architectural marvel or reimagine the existing residence, the canvas is yours to shape.
A spacious 6-car parking garage effortlessly accommodates vehicles, reflecting the lifestyle of comfort and convenience that defines this estate. Additionally, a two-story barn stable stands ready to accommodate equestrian pursuits or provide a canvas for creative possibilities.
Positioned in the coveted enclave of Rolling Hills, this property offers privacy and tranquility while maintaining accessibility to the vibrant city and coastal destinations. Seize the moment to own a piece of history and craft a future filled with boundless promise.
Embark on a journey of imagination, where the scenic views and abundant space set the stage for your aspirations. Whether you're drawn to the allure of the existing residence or inspired to create a visionary new abode, 2 Possum Ridge Rolling Hills is more than a property—it's a canvas for the life you've always dreamed of.
Last Listed By
Vista Sotheby’s International Realty License #01762501 Listed on: 08/21/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $59,163
Year Built
- Built in 1949
Lot Details
- 4.77 Acre Lot
- Density is 2-5 Units/Acre
- Property is zoned RHRAS2*
HOA Fees
- $1,083 Monthly HOA Fees
Parking
- 6 Car Garage
- 10 Open Parking Spaces
- Parking Available
- Driveway
Property Views
- Ocean
- Coastline
- City Lights
- Hills
Interior Spaces
- 2,016 Sq Ft Home
- 1-Story Property
- Open Floorplan
- High Ceiling
- Entryway
- Family Room with Fireplace
- Wood Flooring
- Built-In Range
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
- Walk-in Shower
Outdoor Features
- Horse Property
Utilities
- Central Heating
- Conventional Septic
Listing and Financial Details
- Tax Lot 123
- Tax Tract Number 7084
- Assessor Parcel Number 7569009008
Community Details
Overview
- Rhca Association, Phone Number (310) 544-6222
Recreation
- Tennis Courts
- Community Stables
- Horse Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2023
Closed on
Aug 28, 2023
Sold by
Contreras Angelica
Bought by
Sw Investments Llc
Seller's Agent
Daniel Assayag
Vista Sotheby’s International Realty
Buyer's Agent
Daniel Assayag
Vista Sotheby’s International Realty
List Price
$5,999,000
Sold Price
$5,200,000
Premium/Discount to List
-$799,000
-13.32%
Total Days on Market
3
Views
11
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
-$128,996
Avg. Annual Appreciation
1.42%
Purchase Details
Closed on
May 26, 2023
Sold by
Medard Cronin Living Trust
Bought by
Contreras Angelica
Purchase Details
Closed on
May 25, 2023
Sold by
Cronin Medard Harold
Bought by
Contreras Angelica and Turner Chad R
Purchase Details
Closed on
Jun 15, 2022
Sold by
Reggie Doing
Bought by
Medard Cronin Living Trust
Purchase Details
Closed on
Jun 5, 2019
Sold by
Cronin Medard H and The Medard Cronin Living Trust
Bought by
Doing Reggie
Purchase Details
Closed on
Jul 18, 2012
Sold by
Cronin Medard H
Bought by
Cronin Medard H and Medard Cronin Living Trust
Purchase Details
Closed on
Dec 11, 1998
Sold by
Trust Cronin Medard D Trs Medard D Croni
Bought by
Cronin Medard and The Medard & Lucille R Cronin Family Tr
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
Similar Homes in Rolling Hills, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sw Investments Llc | $5,200,000 | Lawyers Title | |
| Contreras Angelica | -- | None Listed On Document | |
| Medard Cronin Living Trust | -- | Fidelity National Title | |
| Doing Reggie | -- | Accommodation | |
| Cronin Medard H | -- | None Available | |
| Cronin Medard H | -- | None Available | |
| Cronin Medard | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2023 09/01/23 | Sold | $5,200,000 | -13.3% | $2,579 / Sq Ft |
| 08/24/2023 08/24/23 | Pending | -- | -- | -- |
| 08/21/2023 08/21/23 | For Sale | $5,999,000 | -- | $2,976 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $59,163 | $5,200,100 | $4,160,000 | $1,040,100 |
| 2023 | $7,964 | $474,053 | $254,488 | $219,565 |
| 2022 | $7,296 | $464,759 | $249,499 | $215,260 |
| 2021 | $7,270 | $455,647 | $244,607 | $211,040 |
| 2020 | $7,187 | $450,976 | $242,099 | $208,877 |
| 2019 | $7,011 | $442,134 | $237,352 | $204,782 |
| 2018 | $6,543 | $433,466 | $232,699 | $200,767 |
| 2016 | $6,250 | $416,636 | $223,664 | $192,972 |
| 2015 | $6,198 | $410,379 | $220,305 | $190,074 |
| 2014 | $6,193 | $402,341 | $215,990 | $186,351 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Assayag
Seller's Agent in 2023
Daniel Assayag
Vista Sotheby’s International Realty
(310) 493-2100
2 in this area
50 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23155894
APN: 7569-009-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 8 Quail Ridge Rd S
- 17 Cinchring Rd
- 12 Georgeff Rd
- 2 El Concho Ln
- 20 Cinchring Rd
- 12 Bowie Rd
- 17 Bowie Rd
- 2 Pine Tree Ln
- 9 Maverick Ln
- 3 Poppy Trail
- 1 Storm Hill Ln
- 34 Chuckwagon Rd
- 14 Chuckwagon Rd
- 26 Oceanaire Dr
- 15 Chuckwagon Rd
- 4 Poppy Trail
- 4 Chesterfield Rd
- 60 Crest Rd E
- 8 Burrell Ln
- 88 Saddleback Rd
- 2 Possum Ridge Rd
- 1 Crest Rd W
- 4 Possum Ridge Rd
- 1 Spur Ln
- 3 Spur Ln
- 2 Crest Rd W
- 10 Crest Rd W
- 1 Quail Ridge Rd S
- 2 Crest Rd E
- 44 Portuguese Bend Rd
- 6 Possum Ridge Rd
- 1 Quail Ridge Rd N
- 4 Spur Ln
- 41080 Rolling Hills
- 2 Spur Ln
- 12 Crest Rd E
- 3 Crest Rd W
- 2 Cinchring Rd
- 5 Cinchring Rd
- 42 Portuguese Bend Rd