NOT LISTED FOR SALE

2121 Paseo Del Mar Palos Verdes Estates, CA 90274

Estimated Value: $6,439,000 - $8,351,000

5 Beds
9 Baths
5,524 Sq Ft
$1,330/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $6,000,000 $1,086 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $45,453/month

137 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Heated In Ground Pool
  • Lunada Bay Elementary School Rated A+
  • Wine Cellar
  • Primary Bedroom Suite

About This Home

As of September 2021

Tranquility and grandeur combine in this gorgeous estate nestled on the ocean-view cliffs of Lunada Bay. Custom designed by Tomaro Architecture in 2006 with interiors by Rich Starley, this 5-bedroom, 9-bath residence comprises every imaginable detail for luxurious living on almost half an acre of landscaped grounds. Details including hand-finished walnut floors, soaring beamed ceilings and exquisite finishes are indicators of a home impeccably designed from top to bottom. The formal living room is positioned just off the entryway and is bordered by French doors that open onto the lush grounds of the backyard. A custom pool with slide and grotto, outdoor living room, kitchen and a dining tower with ocean views encourage year-round entertaining. Five en-suite bedrooms encompass their own wing, each with a full bath, beautiful walnut-encased windows and custom closets. The Chef’s kitchen is centered by a granite island and surrounded by stainless appliances. A formal office, library/study and two laundry rooms, open dining room and welcoming family room provide well-appointed living spaces. The lower floor is an entertainer’s dream and includes a billiards room, vast media room, temperature-controlled wine storage and gym space in the garage. Located steps from Blufftop Trail and in one of the most pristine neighborhoods of PVE, this homestead is a perfect combination of private compound and entertainment complex in a serene landscape and must be seen to be believed.

Last Agent to Sell the Property

Molly Hobin Williams

Bayside License #00819814 Listed on: 02/18/2021

Co-Listed By

Jaimi Freeman

Pacifica Properties Group, Inc. License #01520751

Last Buyer's Agent

James Perley

Western America Properties License #00588205

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,848

Year Built

  • Built in 2006

Lot Details

  • 0.4 Acre Lot
  • Rural Setting
  • Corner Lot
  • Irregular Lot
  • Sprinkler System
  • Private Yard
  • Garden
  • Front Yard
  • Property is zoned PVR1*

Parking

  • 3 Car Attached Garage
  • Porte-Cochere
  • Parking Available
  • Circular Driveway

Property Views

  • Ocean
  • Neighborhood

Interior Spaces

  • 5,524 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Home Office
  • Library with Fireplace
  • Game Room
  • Finished Basement

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Double Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Self-Closing Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Waterfall Pool Feature

Outdoor Features

  • Fireplace in Patio
  • Fire Pit
  • Outdoor Grill

Schools

  • Lunada Bay Elementary School
  • Palos Verdes Middle School
  • Palos Verdes High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 17606
  • Assessor Parcel Number 7542037005

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,848

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7542037005
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5524.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Wired for Sound
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • One Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Library, Patio, Fire Pit
  • Levels: One
  • Main Level Bathrooms: 8
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 1086.17
  • Room Type: Basement, Den, Family Room, Foyer, Game Room, Great Room, Kitchen, Laundry, Library, Living Room, Main Floor Master Bedroom, Master Suite, Office, Separate Family Room, Walk-In Pantry, Wine Cellar
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Self-Closing Cabinet Doors, Walk-In Pantry
  • Basement: Finished

Exterior Features

  • View: Neighborhood, Ocean
  • Pool Features: Private, Heated, In Ground, Waterfall
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Porte-Cochere
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Ice Maker, Microwave, Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Rural

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Lunada Bay
  • Middle School: Palos Verdes
  • High School: Palos Verdes
  • Elementary School: Lunada Bay
  • High School: Palos Verdes
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: LUNBAY
  • High School2: PALVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Garden, Irregular Lot, Sprinkler System, Yard
  • Lot Size Sq Ft: 17435.00
  • Lot Size Acres: 0.4003

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17435.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6703.28
  • Tax Lot: 38
  • Tax Tract Number: 17606

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2022
Sold by
Bernardine Senior Associates Lp
Bought by
Perley Trust and Perley Discretionary Trust
Current Estimated Value
$7,344,651

Purchase Details

Closed on
Jul 8, 2021
Sold by
Bradley Family Trust and Bradley Rick
Bought by
Bernardine Senior Associates Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2004
Sold by
Kapner Leonard J and Kapner Trudy K
Bought by
Bradley Rick and Bradley Melissa U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Perley Trust -- First American Title Company O
Bernardine Senior Associates Lp $6,000,000 First American Title Company O
Bradley Rick $1,995,000 Progressive Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bernardine Senior Associates Lp $3,300,000
Previous Owner Bradley Rick $3,315,000
Previous Owner Bradley Rick $150,000
Previous Owner Bradley Rick $3,400,000
Previous Owner Bradley Rick $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $6,000,000 -7.7% $1,086 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
05/06/2021 05/06/21 Price Changed $6,500,000 -4.3% $1,177 / Sq Ft
03/18/2021 03/18/21 Price Changed $6,795,000 0.0% $1,230 / Sq Ft
03/18/2021 03/18/21 For Sale $6,795,000 +13.3% $1,230 / Sq Ft
03/12/2021 03/12/21 Off Market $6,000,000 -- --
02/18/2021 02/18/21 For Sale $6,975,000 -- $1,263 / 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
2025 $75,848 $6,878,748 $4,544,091 $2,334,657
2024 $75,848 $6,743,872 $4,454,992 $2,288,880
2023 $74,733 $6,611,640 $4,367,640 $2,244,000
2022 $65,871 $6,000,000 $3,800,000 $2,200,000
2021 $50,998 $4,500,000 $2,017,700 $2,482,300
2020 $59,562 $5,320,000 $2,385,400 $2,934,600
2019 $55,172 $4,971,000 $2,228,900 $2,742,100
2018 $44,529 $3,910,000 $1,753,100 $2,156,900
2016 $48,331 $4,340,000 $1,947,400 $2,392,600
2015 $48,536 $4,340,000 $1,947,400 $2,392,600
2014 $44,407 $3,939,000 $1,767,500 $2,171,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21022364

California Regional Multiple Listing Service (CRMLS)

APN: 7542-037-005