NOT LISTED FOR SALE

41 Marguerite Dr Rancho Palos Verdes, CA 90275

Estimated Value: $8,176,000 - $11,543,691

6 Beds
9 Baths
9,335 Sq Ft
$1,043/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $8,800,000 $943 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $61,613/month

103 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • 1.09 Acre Lot
  • Point Vicente Elementary School Rated A+
  • Primary Bedroom Suite
  • Clubhouse

About This Home

As of July 2020

New list price $9.2m. Back-up offers considered and home can still be shown. Please call L/A for details. Rarely does a home of this magnitude become available in our coastal region. This magnificent Mediterranean home offers an extraordinary level of Luxury & comfort & is situated in a rare and breathtaking bluff top location above the Pacific Ocean in Rancho Palos Verdes. Designed by world famous "Architect to the Stars" Richard Landry. When you enter this impressive home you aregreeted by a soaring 2 level entryway with a massive chandelier and intricate railings, more like artwork, designed by the architect himself. This 9300+ square foot home has 6 bedrooms, 9 baths, an office, 4 fireplaces, 3 stairways & an impressive list of amenities and features. This home sits on an acre of Southern California Coastline where the property line ends at the median tide line.
Rich mahogany accents throughout the home brings a warmth and intimacy often absent in such a grand residence. The large ocean view master bedroom has a whitewater view sitting room, 2 view balconies, a fireplace and mahogany ceiling. His & Hers bathrooms & closets, "Hers" has a large bathtub with ocean views. There are 5 additional large ensuite bedrooms. Close to the extraordinary Terranea Resort & the 4 world class golf courses of
Palos Verdes, the lifestyle & location are hard to match anywhere.

Last Agent to Sell the Property

Gerard Bisignano

Vista Sotheby’s International Realty License #01116110 Listed on: 12/03/2019

Vista Sotheby’s International Realty

Last Buyer's Agent

Keith Kelley

Strand Hill Properties License #01810798

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $102,847

Year Built

  • Built in 1992

Lot Details

  • 1.09 Acre Lot
  • Cul-De-Sac
  • Back Yard
  • Property is zoned RPOH-RS1RPD

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Bluff

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 9,335 Sq Ft Home
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Library with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Private Pool
  • Balcony
  • Exterior Lighting

Additional Features

  • Property is near a clubhouse
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 40640
  • Assessor Parcel Number 7582001018

Community Details

Overview

  • Property has a Home Owners Association
  • Lunada Pointe Association
  • Horizon Management HOA

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$102,847

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: RPOH-RS1RPD
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7582001018
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 9335.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: No Common Walls
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Double Door Entry
  • Fireplace Features: Family Room, Library, Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 942.69
  • Room Type: Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Master Suite

Exterior Features

  • View: Bluff, Catalina, Coastline, Ocean, Panoramic
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Tennis Court(s), Clubhouse
  • Association Name: Lunada Pointe
  • Phone: Rarely does a ho
  • Senior Community: No
  • Community Features: Curbs, Hiking, Street Lights
  • Association Management: Horizon Management

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Bluff, Close to Clubhouse, Cul-De-Sac
  • Lot Size Sq Ft: 47402.00
  • Lot Size Acres: 1.0882

Multi Family

  • Lease Considered: No
  • Lot Size Area: 47402.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.16
  • Tax Lot: 4
  • Tax Tract Number: 40640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Jun 20, 2020
Sold by
Bradford Edward and Bradford Paullee
Bought by
Parks John
Seller's Agent
Gerard Bisignano
Vista Sotheby’s International Realty
Buyer's Agent
Keith Kelley
Strand Hill Properties
List Price
$9,699,000
Sold Price
$8,800,000
Premium/Discount to List
-$899,000
-9.27%
Current Estimated Value
$9,734,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$934,897
Avg. Annual Appreciation
2.43%

Purchase Details

Closed on
Feb 15, 2018
Sold by
Bradford Edward T and Bradford Paullee G
Bought by
Bradford Edward and Bradford Paullee

Purchase Details

Closed on
Jul 12, 1993
Sold by
Rpvlp Investors Lp
Bought by
Bradford Edward T and Bradford Paullee G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
4.75%
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
Parks John $8,800,000 Ticor Title
Bradford Edward -- None Available
Bradford Edward T -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bradford Edward T $250,000
Previous Owner Bradford Edward T $1,895,000
Previous Owner Bradford Edward T $250,000
Previous Owner Bradford Edward T $2,400,000
Closed Bradford Edward T $775,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $8,800,000 -4.3% $943 / Sq Ft
04/01/2020 04/01/20 Price Changed $9,200,000 -5.1% $986 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
12/03/2019 12/03/19 For Sale $9,699,000 -- $1,039 / 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 $102,847 $9,525,402 $5,736,890 $3,788,512
2024 $102,847 $9,338,630 $5,624,402 $3,714,228
2023 $101,342 $9,155,520 $5,514,120 $3,641,400
2022 $96,016 $8,976,000 $5,406,000 $3,570,000
2021 $95,907 $8,800,000 $5,300,000 $3,500,000
2020 $67,054 $6,137,426 $3,419,182 $2,718,244
2019 $64,964 $6,017,086 $3,352,140 $2,664,946
2018 $64,626 $5,899,105 $3,286,412 $2,612,693
2016 $61,388 $5,670,038 $3,158,798 $2,511,240
2015 $60,912 $5,584,869 $3,111,350 $2,473,519
2014 $60,092 $5,475,470 $3,050,403 $2,425,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19274750

California Regional Multiple Listing Service (CRMLS)

APN: 7582-001-018