Seller's Agent in 2019
David Konheim
Compass
(310) 779-6583
5 Total Sales
2701 Via Elevado Palos Verdes Estates, CA 90274
Estimated Value: $5,357,000 - $15,544,267
5
Beds
5.5
Baths
8,847
Sq Ft
$1,181/Sq Ft
Est. Value
Highlights
- Ocean View
- Wine Cellar
- Heated In Ground Pool
- Montemalaga Elementary School Rated A+
- Home Theater
- Gated Parking
About This Home
As of January 2019Tucked away on a private cul-de-sac and situated on 3.3 pristine acres, the King of the Hill is one of South Bay's largest and most majestic estates. A dramatic gated entry winds to a stone rotunda guardhouse with historic castle doors. A stone and wood bridge leads to an impressive motor court complete with waterfalls and lush gardens. Stone pathways are lined by exotic plants, fruit trees and grassy lawns. Boasting appr. 9,000sqft of living space, this Spanish Colonial masterpiece is grand yet comfortable with breathtaking ocean and coastline views from most rooms. Upstairs is a spectacular living room, a striking music room, an elegant dining room and a remarkable master-suite with dual baths and private office. Downstairs, the paneled billiard room leads to the expansive guest suites, wine cellar and massage room. The sun-drenched pool and spa also enjoy panoramic ocean and hillside vistas. Family owned for the past 40+ years, are you the next guardian of this extraordinary estate?
Last Buyer's Agent
Les Fishman
License #00816300
Home Details
Home Type
- Single Family
Year Built
- Built in 1936
Lot Details
- 3.36 Acre Lot
- Property is zoned PVR1*
Property Views
- Ocean
- Coastline
- Panoramic
- City Lights
- Golf Course
- Canyon
- Orchard Views
- Park or Greenbelt
Home Design
- Contemporary Architecture
Interior Spaces
- 8,847 Sq Ft Home
- 2-Story Property
- Bar
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Breakfast Room
- Dining Room
- Home Theater
- Den with Fireplace
- Library
- Recreation Room
- Atrium Room
- Alarm System
- Laundry Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Powder Room
- Maid or Guest Quarters
Parking
- 4 Car Attached Garage
- Carport
- Circular Driveway
- Gated Parking
- Guest Parking
- Controlled Entrance
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Enclosed Glass Porch
- Open Patio
Utilities
- Forced Air Zoned Heating and Cooling System
Community Details
- No Home Owners Association
- Billiard Room
Listing and Financial Details
- Assessor Parcel Number 7539-029-007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2018
Closed on
Jan 2, 2019
Sold by
Pv Ocean View Llc
Bought by
Adkins Messenger Deborah D
Seller's Agent
David Konheim
Compass
Buyer's Agent
Les Fishman
List Price
$18,900,000
Sold Price
$14,100,000
Premium/Discount to List
-$4,800,000
-25.4%
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
-$3,649,366
Avg. Annual Appreciation
-4.06%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adkins Messenger Deborah D | $14,100,000 | First American Title Company |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/04/2019 01/04/19 | Sold | $14,100,000 | -25.4% | $1,594 / Sq Ft |
| 05/29/2018 05/29/18 | For Sale | $18,900,000 | -- | $2,136 / Sq Ft |
Source: The MLS
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 | $133,883 | $12,270,705 | $7,808,631 | $4,462,074 |
| 2024 | $133,883 | $12,030,104 | $7,655,521 | $4,374,583 |
| 2023 | $131,984 | $11,794,220 | $7,505,413 | $4,288,807 |
| 2022 | $125,233 | $11,562,962 | $7,358,249 | $4,204,713 |
| 2021 | $125,104 | $11,336,238 | $7,213,970 | $4,122,268 |
| 2020 | $123,486 | $11,220,000 | $7,140,000 | $4,080,000 |
| 2019 | $47,433 | $4,147,373 | $3,311,718 | $835,655 |
| 2018 | $47,034 | $4,066,053 | $3,246,783 | $819,270 |
| 2016 | $44,627 | $3,908,164 | $3,120,707 | $787,457 |
| 2015 | $44,166 | $3,849,461 | $3,073,832 | $775,629 |
| 2014 | $43,521 | $3,774,056 | $3,013,620 | $760,436 |
Source: Public Records
Agents Affiliated with this Home
-
David Konheim
-
Chris Adlam
Seller Co-Listing Agent in 2019
Chris Adlam
Vista Sotheby's International Realty
(310) 421-2606
113 in this area
225 Total Sales
-
L
Buyer's Agent in 2019
Les Fishman
Map
Source: The MLS
MLS Number: 18-348060
APN: 7539-029-007
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