NOT LISTED FOR SALE

Estimated Value: $6,124,000 - $17,136,229

5 Beds
5 Baths
6,752 Sq Ft
$1,722/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $15,500,000 $2,296 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $82,205/month

397 Days on Market

Highlights

  • White Water Ocean Views
  • Horse Property
  • 24-Hour Security
  • Dapplegray Elementary School Rated A+
  • Tennis Courts
  • Heated Pool

About This Home

As of June 2021

Live on your own seven acre peninsula terraced estate! Situated above the sea on one of the highest points in PV, enjoy the spectacular ocean & Catalina views from every vantage point of this tranquil hideaway. Ten years in the making, this meticulously conceived estate has it all. At the top is an olympic sized riding ring & corral with barn. Next up is the tennis/basketball court with plenty of room for spectators & a built in service area. A wonderful vegetable garden just below. Walk down to the absolutely incredible infinity pool & jacuzzi, a guest house equipped with a full kitchen and large living area which open up to resort like decks & built in barbecue area. Stroll through the private walkways to the main house & into the “zen” garden with lush olive trees & water fountain. The main residence in all its multilayered luxury floats above the sea with expansive Pacific ocean views from Catalina across the PV shoreline. The home features meticulous attention to detail evident with the finest imported Carrera marble and the Tommy Mitchell butterfly chandeliers highlighting the beautiful gourmet kitchen and open living area. Perfect indoor/outdoor living with multiple glass doors opening out to the pristine decks, eating & sitting areas & another jacuzzi overlooking the water. The master suite opens up to the zen garden & features his & hers private bathrooms as well as his & hers offices. Unbelievable design & quality throughout this home. Truly a remarkable property!

Last Listed By

Kevin Pratt

Strand Hill Properties License #01023090 Listed on: 03/10/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $181,711

Year Built

  • Built in 2017

Lot Details

  • 7.05 Acre Lot
  • Property is zoned RHRAS2

HOA Fees

  • $2,583 Monthly HOA Fees

Parking

  • 5 Car Garage

Property Views

  • White Water Ocean
  • Catalina

Interior Spaces

  • 6,752 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Partially Furnished
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Bonus Room
  • Wood Flooring
  • Kitchen Island
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Outdoor Features

  • Heated Pool
  • Tennis Courts
  • Sport Court
  • Horse Property

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 133
  • Tax Tract Number 2
  • Assessor Parcel Number 7567011022

Community Details

Overview

  • Rh Community Assoc. Association, Phone Number (310) 544-6222
  • Rhca HOA

Recreation

  • Horse Trails
  • Hiking Trails

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$181,711

Year Built

Built in 2017

Lot Details

0

HOA Fees

$2,583 per month

Parking

5

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant
  • View: Yes
  • Zoning: RHRAS2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7567011022
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6752.00 Square Feet
  • Interior Amenities: Open Floorplan, Partially Furnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 2295.62
  • Room Type: Bonus Room, Family Room, Guest/Maid's Quarters, Jack & Jill, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Retreat
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Other Structures: Sport Court Private, Tennis Court Private
  • View: Catalina, Ocean, White Water
  • Pool Features: Private, Heated
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 2583.00
  • Association Fee Frequency: Monthly
  • Association Name: RH Community Assoc.
  • Phone: 3105446222
  • Senior Community: No
  • Community Features: Hiking, Horse Trails
  • Association Management: RHCA

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property
  • Lot Size Sq Ft: 307167.00
  • Lot Size Acres: 7.0516

Multi Family

  • Lease Considered: No
  • Lot Size Area: 307167.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 6705.00
  • Tax Lot: 133
  • Tax Tract Number: 002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Apr 22, 2021
Sold by
Leon Aaron and Leon Megan Kay
Bought by
Pvr Holdings Llc
Seller's Agent
Kevin Pratt
Strand Hill Properties
Buyer's Agent
Art Heckman
Compass
List Price
$16,500,000
Sold Price
$15,500,000
Premium/Discount to List
-$1,000,000
-6.06%
Total Days on Market
397
Current Estimated Value
$11,630,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,869,885
Avg. Annual Appreciation
-7.14%

Purchase Details

Closed on
Aug 21, 2018
Sold by
Stevens Brent M and Stevens Annette
Bought by
Kay Leon Aaron and Kay Leon Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,752,165
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2012
Sold by
Stevens Brent and Stevens Marie Annette
Bought by
Stevens M Brent and Annette Stevens M

Purchase Details

Closed on
Apr 4, 2007
Sold by
Severy Linda Gail and The Severy Family Trust
Bought by
Stevens Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2005
Sold by
Severy Linda G
Bought by
Severy Linda Gail and Severy Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

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
Pvr Holdings Llc $15,500,000 Usa National Title Company
Kay Leon Aaron $15,500,000 Ticor Title
Stevens M Brent -- None Available
Stevens Brent $6,500,000 Progressive Title Company
Severy Linda Gail -- Fidelity National Financial
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pvr Holdings Llc $9,300,000
Previous Owner Kay Leon Aaron $0
Previous Owner Kay Leon Aaron $10,752,165
Previous Owner Stevens Brent $3,000,000
Previous Owner Severy Linda Gail $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $15,500,000 -6.1% $2,296 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $16,500,000 +6.5% $2,444 / Sq Ft
01/22/2021 01/22/21 Off Market $15,500,000 -- --
03/10/2020 03/10/20 For Sale $16,500,000 +6.5% $2,444 / Sq Ft
02/22/2019 02/22/19 Sold $15,500,000 -16.2% $2,541 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $18,500,000 -- $3,033 / 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
2024 $181,711 $16,448,724 $11,142,684 $5,306,040
2023 $179,208 $16,126,200 $10,924,200 $5,202,000
2022 $169,612 $15,810,000 $10,710,000 $5,100,000
2021 $174,397 $15,973,791 $13,397,373 $2,576,418
2020 $172,025 $15,810,000 $13,260,000 $2,550,000
2019 $97,686 $8,955,438 $6,906,025 $2,049,413
2018 $96,405 $8,779,842 $6,770,613 $2,009,229
2016 $87,414 $8,037,911 $6,507,702 $1,530,209
2015 $86,570 $7,917,175 $6,409,951 $1,507,224
2014 $85,326 $7,104,089 $6,284,389 $819,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20051180

California Regional Multiple Listing Service (CRMLS)

APN: 7567-011-022