NOT LISTED FOR SALE

59 Paseo Del la Luz Rancho Palos Verdes, CA 90275

Estimated Value: $7,614,000 - $9,354,513

5 Beds
7 Baths
8,560 Sq Ft
$995/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $6,585,000 $769 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $52,228/month

78 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Second Garage
  • Mira Catalina Elementary School Rated A+
  • In Ground Pool
  • Primary Bedroom Suite

About This Home

As of June 2021

The ultimate luxury is immersion: the sense that nothing exists aside from one’s immediate surroundings. A true luxury home envelopes you so completely with opulence that you can forget the outside world and escape to one tailored to you. The address of this escape is 59 Paseo Del La Luz. Perched high above Golden Cove in prestigious Oceanfront Estates, this completely remodeled Mediterranean masterpiece on a 0.6-acre, meticulously-landscaped lot invites you into a world where only luxury, sea and sky exist. Flanked by twin 2-car garages, a grand entryway opens to the airy upper level’s living room, dining room, chef’s island kitchen, library & family room, all framed by the Pacific Ocean beyond. The luxurious owner’s retreat with sitting room, fireplace, ocean-view terrace and showcase marble bathroom completes this level, and a dramatically-split staircase leads to a magnificent lower level perfect for entertaining. The alder wood bar is a knockout, and the adjacent conservatory & game room flow into a lavish outdoor space with pool, spa, pizza oven, outdoor fireplace and multiple seating areas. The home’s lower level also includes three generous bedrooms & bathrooms, a gym room with direct access to the sport court & a wine cellar; all secured by a Crestron Home System. With spectacular ocean & sunset views, tremendous finishes and quick access to multiple world-class golf courses, this heavenly estate is an opportunity to create your very own, by-invitation-only paradise.

Last Agent to Sell the Property

Ed Kaminsky

eXp Realty of California, Inc License #00958114 Listed on: 02/12/2021

eXp Realty of California, Inc

Last Buyer's Agent

Melissa Resich

Estate Properties License #01735412

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,410

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • 0.6 Acre Lot
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned RPRS

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • Second Garage
  • 4 Car Direct Access Garage
  • Parking Available
  • Driveway Level

Property Views

  • Ocean
  • Coastline
  • Catalina

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 8,560 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • Chair Railings
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Window Screens
  • Double Door Entry
  • French Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Game Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Sport Court
  • Living Room Balcony
  • Fireplace in Patio
  • Open Patio
  • Fire Pit

Schools

  • Point Vicente Elementary School
  • Palos Verdes Middle School
  • Palos Verdes Peninsula High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 46628
  • Assessor Parcel Number 7582003019

Community Details

Overview

  • Bali Management Association, Phone Number (310) 294-5370
  • Debbie Schneider HOA
  • Maintained Community

Amenities

  • Laundry Facilities

Security

  • Security Service
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,410

Year Built

Built in 2000 | Remodeled

Lot Details

0

HOA Fees

$380 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Number: 3107981277
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: RPRS
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7582003019
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8560.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Built-in Features, Cathedral Ceiling(s), Chair Railings, Crown Molding, Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Storage, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Patio, Gas, Gas Starter, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 769.28
  • Room Type: Bonus Room, Den, Entry, Family Room, Formal Entry, Game Room, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Library, Living Room, Main Floor Master Bedroom, Master Suite, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, Heated, In Ground
  • Window Features: Double Pane Windows, Drapes, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Jetted Tub, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Second Garage, Second Garage Attached, Sport Court Private
  • View: Catalina, Coastline, Ocean
  • Patio And Porch Features: Patio, Patio Open
  • Pool Features: Private, In Ground, Salt Water
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Driveway Level, Private
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Double Oven, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Trash Compactor, Vented Exhaust Fan
  • Heating Type: Central, Zoned, Forced Air, Fireplace(s)
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Management, Security
  • Association Fee: 380.00
  • Association Fee Frequency: Monthly
  • Association Name: Bali Management
  • Phone: 310-294-5370
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Debbie Schneider

Schools

  • School District: Palos Verdes Peninsula Unified
  • Elementary School: Point Vicente
  • Middle School: Palos Verdes
  • High School: Palos Verdes Peninsula
  • Elementary School: Point Vicente
  • High School: Palos Verdes Peninsula
  • Middle Or Junior School: Palos Verdes
  • Elementary School #2: POIVIC
  • High School2: PAVEPE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot 20000-39999 Sqft, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 26112.00
  • Lot Size Acres: 0.5994

Multi Family

  • Lease Considered: No
  • Lot Size Area: 26112.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6704.16
  • Tax Lot: 44
  • Tax Tract Number: 46628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
May 7, 2021
Sold by
Sdn Paseo Llc
Bought by
Twisted Delilah Llc
Seller's Agent
Ed Kaminsky
eXp Realty of California, Inc
Buyer's Agent
Melissa Resich
Estate Properties
List Price
$6,950,000
Sold Price
$6,585,000
Premium/Discount to List
-$365,000
-5.25%
Current Estimated Value
$8,520,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,935,628
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
Oct 10, 2019
Sold by
Nuccion Stephen L and Nuccion Diana H
Bought by
Sdn Paseo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 11, 2019
Sold by
Sdn Llc
Bought by
Nuccion Stephen L and Nuccion Diana H

Purchase Details

Closed on
Sep 18, 2018
Sold by
Nuccion Stephen L
Bought by
Sdn Paseo Llc

Purchase Details

Listed on
Sep 25, 2016
Closed on
Jul 21, 2017
Sold by
Heintz Kenneth N
Bought by
Nuccion Stephen L and Nuccion Diana H
Seller's Agent
Tammy Faecher
Keller Williams South Bay
Buyer's Agent
Keith Kelley
Strand Hill Properties
List Price
$6,224,000
Sold Price
$5,500,000
Premium/Discount to List
-$724,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$1,000,000
Interest Rate
3.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 30, 2007
Sold by
Nuccion Stephen L
Bought by
Nuccion Stephen L and Nuccion Diana H

Purchase Details

Closed on
Sep 6, 2003
Sold by
Heintz Kenneth N and Heintz Jane F
Bought by
Heintz Kenneth N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 24, 2000
Sold by
Rpv Associates Llc
Bought by
Heintz Kenneth N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
8.18%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Twisted Delilah Llc $6,585,000 Lawyers Title Company
Sdn Paseo Llc -- None Available
Nuccion Stephen L -- First American Title Ins Co
Sdn Paseo Llc -- None Available
Nuccion Stephen L $5,500,000 Title 365
Nuccion Stephen L -- None Available
Heintz Kenneth N -- --
Heintz Kenneth N $2,750,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nuccion Stephen L $4,995,000
Previous Owner Nuccion Stephen L $630,000
Previous Owner Nuccion Stephen L $4,990,000
Previous Owner Nuccion Stephen L $1,000,000
Previous Owner Nuccion Stephen L $3,850,000
Previous Owner Heintz Kenneth N $1,000,000
Previous Owner Heintz Kenneth N $593,698
Previous Owner Heintz Kenneth N $450,000
Previous Owner Heintz Kenneth N $625,500
Previous Owner Heintz Kenneth N $708,631
Previous Owner Heintz Kenneth N $729,750
Previous Owner Heintz Kenneth N $956,900
Previous Owner Heintz Kenneth N $258,000
Previous Owner Heintz Kenneth N $1,000,000
Previous Owner Heintz Kenneth N $1,256,350
Previous Owner Heintz Kenneth N $1,250,000
Previous Owner Heintz Kenneth N $1,200,000
Previous Owner Heintz Kenneth N $200,000
Previous Owner Heintz Kenneth N $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $6,585,000 -3.9% $769 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/12/2021 04/12/21 Price Changed $6,850,000 -1.4% $800 / Sq Ft
02/12/2021 02/12/21 For Sale $6,950,000 +26.4% $812 / Sq Ft
08/22/2017 08/22/17 Sold $5,500,000 -4.1% $686 / Sq Ft
07/12/2017 07/12/17 Price Changed $5,738,000 -4.3% $715 / Sq Ft
05/25/2017 05/25/17 Price Changed $5,998,000 -3.6% $748 / Sq Ft
09/25/2016 09/25/16 For Sale $6,224,000 -- $776 / 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 $77,410 $7,127,814 $3,880,518 $3,247,296
2024 $77,410 $6,988,054 $3,804,430 $3,183,624
2023 $76,253 $6,851,034 $3,729,834 $3,121,200
2022 $72,313 $6,716,700 $3,656,700 $3,060,000
2021 $63,939 $5,817,242 $3,311,212 $2,506,030
2020 $63,060 $5,746,170 $3,277,260 $2,468,910
2019 $60,733 $5,610,000 $3,213,000 $2,397,000
2018 $60,323 $5,500,000 $3,150,000 $2,350,000
2017 $40,246 $3,641,880 $1,324,317 $2,317,563
2016 $38,977 $3,570,471 $1,298,350 $2,272,121
2015 $38,764 $3,516,840 $1,278,848 $2,237,992
2014 $38,196 $3,447,951 $1,253,798 $2,194,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21026681

California Regional Multiple Listing Service (CRMLS)

APN: 7582-003-019