NOT LISTED FOR SALE

Estimated Value: $1,982,000 - $2,666,000

4 Beds
4 Baths
2,900 Sq Ft
$843/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $2,586,000 $892 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $15,065/month

33 Days on Market

Highlights

  • White Water Ocean Views
  • Attached Guest House
  • Art Studio
  • Point Vicente Elementary School Rated A+
  • Horse Property
  • RV Access or Parking

About This Home

As of April 2023

Your dream home awaits, within the highly sought after, private, gated, horse-zoned community of Portuguese Bend, nestled among abundant hiking and riding trails encompassing the Palos Verdes Peninsula Land Conservancy, and minutes walk down a scenic path to a secluded beach, this panoramic ocean and Catalina view home, captures the true essence and inspiration of California coastal living! This one-of-a-kind, totally renovated modern farmhouse, single-level home, offers 4 bedrooms and 4 bathrooms, with a direct access guest quarters, situated on its own private wing. The entry, invites you into the open, flowing floorplan, seamlessly connecting the great room/living room, and large open California dining room, into the gourmet cook's kitchen, featuring a large quartz island, with plentiful seating and top-of-the-line stainless steel appliances, intermingling the kitchen with the family room and picturesque ocean views, from wall-to-wall glass doors and windows, that lead out to the expansive wrap around deck. The master bedroom, is a true retreat, with the peaceful solitude of panoramic ocean, whitewater and tip-to-tip Catalina views, a spa-inspired master bathroom with soaking tub, separate glass-enclosed rain shower and double vanity. All bedrooms have exterior access to the wraparound deck and sprawling, lush grounds. The entry, master bedroom, master bath, and all entertainment areas of this home, have magnificent, scenic views, embodying the coastal California experience, and otherworldly charm of Portuguese Bend and the Palos Verdes Peninsula. This home, is also just minutes away from all lifestyle conveniences, support facilities, blue ribbon schools, world renowned Terranea Resort, Nature Preserves, and the best beach/beach side destinations the South Bay has to offer, all the while, nestled within a sublimely secluded, spectacularly beautiful coastal ranch community that beckons you home!

Last Agent to Sell the Property

Gary Bluman

Real Estate Resources of CA License #01192305 Listed on: 01/11/2023

Last Buyer's Agent

Michael Harper

HH Coastal Real Estate License #01381971

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,500

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 118x193
  • West Facing Home
  • Fenced Yard
  • Partially Fenced Property
  • Wood Fence
  • Landscaped
  • Secluded Lot
  • Back and Front Yard
  • Property is zoned RPOH&E*

HOA Fees

  • $120 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Bluff
  • Mountain

Home Design

  • Farmhouse Style Home
  • Turnkey
  • Composition Roof

Interior Spaces

  • 2,900 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Separate Family Room
  • Living Room with Attached Deck
  • Dining Area
  • Home Office
  • Library
  • Bonus Room
  • Art Studio

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Stone
  • Porcelain Tile
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Studio bedroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters
  • Double Vanity
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Alarm System

Parking

  • 6 Car Garage
  • 6 Open Parking Spaces
  • Circular Driveway
  • RV Access or Parking

Outdoor Features

  • Horse Property
  • Shed
  • Porch

Additional Homes

  • Attached Guest House

Utilities

  • Forced Air Heating System
  • Septic Tank
  • Phone System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7572-003-004

Community Details

Overview

  • Built by AWESOME PROPERTY
  • Spectacular

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,500

Year Built

Built in 1949 | Remodeled

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Farm House
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: This one-of-a-kind, 4 bedroom, 4 bathroom remodeled modern farmhouse, with direct access guest quarters on its own separate wing, is located behind the private gates of the majestic, horse-zoned ranch community, of Portuguese Bend. Nestled among abundant hiking and riding trails encompassing the Palos Verdes Peninsula Land Conservancy, and a minutes walk to the ocean, this panoramic ocean and Catalina view home, captures the true essence and inspiration of California coastal living! Natural light is abundant in the open flowing floorplan, complimented by the expansive wrap around deck and lush grounds. The master, is a true retreat, with the peaceful solitude of picturesque ocean views, and a spa-inspired master bath, with amazing views, soaking tub, separate glass-enclosed rain shower and double vanity ... Your dream home, awaits!!
  • Builder Model Name: SPECTACULAR
  • Builder Name: AWESOME PROPERTY
  • Complex Name: Portuguese Bend Community Association
  • Disability Access: 32 inch or more wide doors, Doors - Swing In, Wheelchair Adaptable, 36 inch or more wide halls
  • Entry Location: Main Level
  • Living Area: 2900
  • Lot Acreage: 0.5286
  • Lot Dimensions: 118x193
  • Planned Urban Dev: 1
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1949
  • Builders Tract Name: Portuguese Bend
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, High Ceilings (9 Feet+), Living Room Deck Attached, Pre-wired for high speed Data, Recessed Lighting, Storage Space, Turnkey, Drywall Walls
  • Flooring: Laminate, Slate, Ceramic Tile, Stone Tile, Porcelain, Mixed
  • Appliances: Built-In Electric, Built-In Gas, Built-Ins, Cooktop - Gas, Microwave, Oven-Electric
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms, Ground Floor Master, Main Floor Master Bedroom, WalkInCloset, Master Bedroom, Dressing Area, Main Floor Bedroom, Master Retreat
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Double Vanity(s), Shower and Tub, Tile, Linen Closet, Dual Entry (Jack & Jill) Bath
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Dining Area, Family Kitchen, Kitchen Island, Breakfast Counter / Bar, Breakfast Area, Family Room, In Kitchen
  • Kitchen Features: Gourmet Kitchen, Quartz Counters, Remodeled, Island, Open to Family Room, Pantry
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Gas Dryer Hookup, Garbage Disposal, Dishwasher, Range/Oven, Washer, Dryer, Phone System, Network Wire, Refrigerator, Built-Ins, Microwave, Satellite, Alarm System
  • Price Per S Q F T: 963.00

Exterior Features

  • Direction Faces: West
  • Other Features: High Ceilings (9 Feet+), Double Door Entry, French Doors, Sliding Glass Doors
  • Other Structures: Shed(s), Other, Accessory Bldgs
  • Fence: Partial, Wood
  • Guest House: Attached
  • Patio: Deck(s), Living Room Deck Attached, Porch, Wood
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: Coastline, Ocean, Catalina, Bluff, Panoramic, White Water, Mountains
  • View: Yes

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Circular Driveway, RV Access, Garage
  • Total Parking: 6

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Kitchen, In Laundry
  • Heating: Forced Air
  • Sewer: Septic Tank
  • Water: Public

Association/Amenities

  • Pet Rules: Pets Permitted

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 120.00
  • HOA: Yes

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 7572-003-004
  • Lot Description: Gated Community, Landscaped, Back Yard, Exterior Security Lights, Fenced Yard, Front Yard, Secluded, Horse Property
  • Lot Size Area: 23027

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
Patterson Kevin and Patterson Lara
Bought by
Kevin And Lara Patterson Living Trust and Patterson
Current Estimated Value
$2,444,628

Purchase Details

Listed on
Jan 11, 2023
Closed on
Apr 4, 2023
Sold by
3 Limetree Llc
Bought by
Patterson Kevin and Patterson Lara
Seller's Agent
Gary Bluman
Real Estate Resources of CA
Buyer's Agent
Michael Harper
HH Coastal Real Estate
List Price
$2,795,000
Sold Price
$2,586,000
Premium/Discount to List
-$209,000
-7.48%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.35%
Original Mortgage
$1,650,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2021
Sold by
Riley Yolanda
Bought by
Riley Matthew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,500
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2021
Sold by
Riley Matthew R
Bought by
3 Limetree Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,500
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 1998
Sold by
Riley Dorothy H
Bought by
Riley Dorothy H and Riley Matthew R

Purchase Details

Closed on
Jan 7, 1998
Sold by
Riley Lyman E and Riley Dorothy H
Bought by
Riley Lyman E and Riley Dorothy H
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
Kevin And Lara Patterson Living Trust -- None Listed On Document
Patterson Kevin $2,586,000 Western Resources Title
Riley Matthew R -- Fidelity National Title Co
3 Limetree Llc $1,250,000 Fidelity Natl Ttl Orange Cnt
Riley Dorothy H -- --
Riley Dorothy H -- --
Riley Lyman E -- --
Riley Lyman E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3 Limetree Llc $1,650,000
Previous Owner 3 Limetree Llc $230,500
Previous Owner Riley Matthew R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $2,586,000 0.0% $892 / Sq Ft
04/15/2023 04/15/23 Off Market $2,586,000 -- --
04/15/2023 04/15/23 For Sale $2,795,000 +8.1% $964 / Sq Ft
03/16/2023 03/16/23 Off Market $2,586,000 -- --
02/13/2023 02/13/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $2,795,000 -- $964 / Sq Ft
Source: The MLS

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 $19,500 $415,000 $315,000 $100,000
2024 $19,500 $1,712,357 $1,053,537 $658,820
2023 $15,067 $1,300,500 $1,040,400 $260,100
2022 $14,252 $1,275,000 $1,020,000 $255,000
2021 $943 $19,191 $2,684 $16,507
2020 $924 $18,995 $2,657 $16,338
2019 $906 $18,623 $2,605 $16,018
2018 $853 $18,258 $2,554 $15,704
2016 $791 $17,551 $2,455 $15,096
2015 $851 $17,289 $2,419 $14,870
2014 $865 $16,951 $2,372 $14,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-231579

The MLS

APN: 7572-003-004