Seller's Agent in 2023
Kristine Robinson
Compass
(310) 546-6300
2 in this area
19 Total Sales
2960 Via Alvarado Palos Verdes Estates, CA 90274
Estimated Value: $3,888,623 - $4,106,000
5
Beds
4
Baths
3,714
Sq Ft
$1,085/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Property has ocean access
- Golf Course Community
- Silver Spur Elementary School Rated A+
- Parking available for a boat
- Fishing
About This Home
As of November 2023VIEWS VIEWS VIEWS This extraordinary Monterey styled home, nestled in prestigious Lunanda Bay, embraces the highest standards of authentic luxury. Rising into soulful, this timeless, hilltop haven & the coveted picturesque cliffs and beaches of Palos Verdes come into clear focus. Decorated in sunlight, handcrafted architectural details, soaring beamed ceilings, Brazilian hardwood floors, refined plaster walls and a soothing seaside color pallet present a flattering hue of comforting style. The thoughtful rhythm of the expansive floor plan announces the primary living space w/ a statement fireplace and a gorgeous wall of windows that artfully frame the most captivating ocean views. The centrally positioned kitchen and adjoining dinette serve as the heart of the home and provide the ideal setting for family dinners, intimate gatherings and/or lavish soirees. The kitchen’s tasteful allure beckons the home chef to invite cherished moments via memorable meals. High end appliances, custom cabinetry, stone countertops, a walk-in pantry, and the most inspiring ocean views all contribute beautifully. French doors open onto the wrap around balcony encouraging the culinary occasions to continue towards stunning sunrises and sunsets. The more formal dining area is ideal for entertainment and seamlessly leads to the private, stone patio anchored with a majestic fireplace.The sweeping stairway delivers you to a sun-drenched atrium central to four spacious, imaginatively styled bedrooms. The intimately spacious primary suite has exquisite windows that illuminate the space and invite you to lounge and indulge in the breathtaking panoramic ocean views. Stroll outdoors to the stone pillared veranda reminiscent of an old-world romance novel and capture the ocean breeze. The decadent aura of the masterful bath has a soaking tub, dual vanities w/custom stone counters, a walk-in shower, and a walk-in closet. The serene vibration of the interior continues outdoors and integrates w/ lush landscaping and meandering stone paths that organically invite you to rise with the sun, nurture a delightful garden, or dine al fresco. The secluded seating area invites you to revel in the beauty of nature while engaging w/ family and friends. The versatile three car garage can be repurposed as a fitness center, an artist studio, a dedicated home office or a game room. There is plenty of space for recreational vehicles and the outdoor toys associated w/ the art of living moments from the beach.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $43,224
Year Built
- Built in 1966
Lot Details
- 8,816 Sq Ft Lot
- South Facing Home
- Landscaped
- Secluded Lot
- Paved or Partially Paved Lot
- Gentle Sloping Lot
- Garden
- Back and Front Yard
- Density is up to 1 Unit/Acre
- Property is zoned PVR1YY
Parking
- 3 Car Garage
- Converted Garage
- Parking Available
- Workshop in Garage
- Three Garage Doors
- Auto Driveway Gate
- Driveway Up Slope From Street
- Gravel Driveway
- Parking available for a boat
- RV Access or Parking
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
- Bluff
Home Design
- Custom Home
- Spanish Architecture
- Turnkey
- Spanish Tile Roof
- Clay Roof
Interior Spaces
- 3,714 Sq Ft Home
- 2-Story Property
- Wet Bar
- Built-In Features
- Beamed Ceilings
- Cathedral Ceiling
- Skylights
- Recessed Lighting
- Wood Burning Fireplace
- Gas Fireplace
- Double Pane Windows
- Wood Frame Window
- Casement Windows
- Double Door Entry
- French Doors
- Sliding Doors
- Panel Doors
- Separate Family Room
- Living Room
- Dining Room
- Loft
- Bonus Room
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Walk-In Pantry
- Six Burner Stove
- Gas Cooktop
- Warming Drawer
- Microwave
- Dishwasher
- Kitchen Island
- Stone Countertops
- Trash Compactor
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Jack-and-Jill Bathroom
- In-Law or Guest Suite
- Bathroom on Main Level
- 4 Full Bathrooms
- Stone Bathroom Countertops
- Dual Sinks
- Soaking Tub
- Walk-in Shower
- Closet In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Property has ocean access
- Beach Access
- Living Room Balcony
- Covered patio or porch
- Terrace
- Exterior Lighting
Schools
- Lunada Bay Elementary School
- Palos Verdes Middle School
- Palos Verdes High School
Utilities
- Central Heating
Listing and Financial Details
- Legal Lot and Block 16 / 2233
- Tax Tract Number 7144
- Assessor Parcel Number 7542029019
Community Details
Overview
- No Home Owners Association
Recreation
- Golf Course Community
- Fishing
- Park
- Dog Park
- Water Sports
- Horse Trails
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 16, 2025
Sold by
Carola Mengolini and Carola Eduardo Vial
Bought by
Vial-Mengolini Family Trust and Vial
Current Estimated Value
Purchase Details
Listed on
Jul 21, 2023
Closed on
Nov 14, 2023
Sold by
Watts Timothy L
Bought by
Mengolini Carola and Vial Eduardo
Seller's Agent
Kristine Robinson
Compass
Buyer's Agent
Gerard Bisignano
Vista Sotheby’s International Realty
List Price
$4,000,000
Sold Price
$3,790,000
Premium/Discount to List
-$210,000
-5.25%
Views
143
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$1,000,000
Interest Rate
7.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 11, 2017
Sold by
Watts Polly E
Bought by
Watts Timothy L
Purchase Details
Closed on
Aug 15, 2011
Sold by
Watts Timothy L and Watts Polly E
Bought by
Watts Timothy L and Watts Polly E
Purchase Details
Closed on
Oct 22, 2010
Sold by
Watts Polly E
Bought by
Watts Polly E
Purchase Details
Closed on
Feb 25, 2004
Sold by
Watts Timothy L
Bought by
Watts Timothy L and Watts Polly
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
5.62%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 23, 2002
Sold by
Watts Polly
Bought by
Watts Timothy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 30, 2002
Sold by
Northern Trust Bank
Bought by
Watts Timothy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Vial-Mengolini Family Trust | -- | None Listed On Document | |
| Mengolini Carola | $3,790,000 | Orange Coast Title Company | |
| Watts Timothy L | -- | Title365 | |
| Watts Timothy L | -- | Fidelity National Title Co | |
| Watts Polly E | -- | None Available | |
| Watts Timothy L | -- | -- | |
| Watts Timothy L | -- | Equity Title | |
| Watts Timothy L | $1,175,000 | Equity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mengolini Carola | $1,000,000 | |
| Previous Owner | Mengolini Carola | $1,000,000 | |
| Previous Owner | Watts Timothy L | $159,500 | |
| Previous Owner | Watts Timothy L | $1,200,000 | |
| Previous Owner | Watts Timothy L | $400,000 | |
| Previous Owner | Watts Timothy L | $500,000 | |
| Previous Owner | Watts Timothy L | $705,000 | |
| Closed | Watts Timothy L | $176,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2023 11/21/23 | Sold | $3,790,000 | -5.3% | $1,020 / Sq Ft |
| 10/30/2023 10/30/23 | Pending | -- | -- | -- |
| 10/14/2023 10/14/23 | For Sale | $4,000,000 | +5.5% | $1,077 / Sq Ft |
| 09/26/2023 09/26/23 | Off Market | $3,790,000 | -- | -- |
| 08/07/2023 08/07/23 | Price Changed | $4,000,000 | -3.0% | $1,077 / Sq Ft |
| 07/21/2023 07/21/23 | For Sale | $4,125,000 | -- | $1,111 / 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 |
|---|---|---|---|---|
| 2025 | $43,224 | $3,865,800 | $2,451,060 | $1,414,740 |
| 2024 | $43,224 | $3,790,000 | $2,403,000 | $1,387,000 |
| 2023 | $20,980 | $1,732,614 | $1,264,158 | $468,456 |
| 2022 | $19,969 | $1,698,642 | $1,239,371 | $459,271 |
| 2021 | $19,965 | $1,665,336 | $1,215,070 | $450,266 |
| 2020 | $19,703 | $1,648,261 | $1,202,611 | $445,650 |
| 2019 | $19,137 | $1,615,943 | $1,179,031 | $436,912 |
| 2018 | $19,003 | $1,584,259 | $1,155,913 | $428,346 |
| 2016 | $18,025 | $1,522,743 | $1,111,029 | $411,714 |
| 2015 | $17,835 | $1,499,871 | $1,094,341 | $405,530 |
| 2014 | $17,569 | $1,470,492 | $1,072,905 | $397,587 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Gerard Bisignano
Vista Sotheby’s International Realty
(310) 990-4727
15 in this area
141 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23122756
APN: 7542-029-019
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