NOT LISTED FOR SALE

605 Paseo Del Mar Palos Verdes Estates, CA 90274

Estimated Value: $8,002,000 - $10,514,542

7 Beds
8 Baths
6,872 Sq Ft
$1,288/Sq Ft Est. Value

Highlights

  • Ocean Front
  • Wine Cellar
  • Private Pool
  • Montemalaga Elementary School Rated A+
  • Home Theater
  • Sauna

About This Home

As of December 2020

The 'Chateau Del Mar'. A landmark private oceanfront estate with gracious ambiance and elegant distinctive architecture built by master architect Gerard Colcord. This modern adaptation of an 18th-century French manor is the perfect private retreat in close proximity to everything Southern California has to offer, both peaceful and quiet, with nothing but the calming sounds of the crashing waves just below. Entertain your guests on the terrace, overlooking the utmost beautiful panoramic views of the coastline and neighboring beach cities. With 6 spacious bedrooms and 7 baths, the home is fully equipped for the party throwing socialite, the executive with a large family, or the day trader who simply desires their own Southern California estate to escape to. The estates come fully furnished with exquisite furniture, antique pieces, and artwork. The master bedroom wing sets a new standard of luxury, opening to both the garden and ocean from one side and the swimming pool from the other. You may step or plunge into the pool for a morning swim or late night swim or enjoy the ocean views from the master's balcony. The suite also has his and hers separate bathrooms as well as a massage bed and sauna. This is truly a rare gem in Palos Verdes Estates. Listen to the waves, watch the sails and seagulls fly on by, enjoy the sparkling blue ocean by day and twinkling city lights by night. What a wonderful life in Chateau Del Mar. Available long/short term & unfurnished/furnished.

Last Agent to Rent the Property

Selin Uzumcu

Pacific Star Real Estate License #02027011 Listed on: 11/04/2020

Last Renter's Agent

Oliver Yildiz

Pacific Star Real Estate License #00604541

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,701

Year Built

  • Built in 1970

Lot Details

  • 0.76 Acre Lot
  • Ocean Front
  • Landscaped
  • Sprinkler System
  • Wooded Lot
  • Garden
  • Back and Front Yard
  • Price upon request

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Parking Available
  • Circular Driveway
  • Automatic Gate

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Neighborhood

Home Design

  • French Architecture

Interior Spaces

  • 6,872 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Furniture Can Be Negotiated
  • Dual Staircase
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Awning
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Library with Fireplace
  • Bonus Room
  • Storage
  • Sauna
  • Wood Flooring
  • Finished Basement

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Convection Oven
  • Six Burner Stove
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Trash Compactor
  • Instant Hot Water

Bedrooms and Bathrooms

  • 7 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters
  • 8 Full Bathrooms
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Intercom
  • Fire and Smoke Detector

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Accessible Parking

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Living Room Balcony
  • Brick Porch or Patio
  • Exterior Lighting
  • Outdoor Grill

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater
  • Water Purifier
  • Water Softener
  • Phone Available

Listing and Financial Details

  • Security Deposit $25,000
  • Rent includes gardener, water
  • Available 12/1/20
  • Tax Lot 2,3
  • Tax Tract Number 6886
  • Assessor Parcel Number 7540003019

Community Details

Overview

  • No Home Owners Association
  • $250 HOA Transfer Fee

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,701

Year Built

Built in 1970

Lot Details

0

Parking

3

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent
  • Available Date: 2020-12-01
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Other: 25000
  • Deposit Pets: 500
  • Deposit Security: 25000
  • Furnished: Negotiable
  • Pets Allowed: Cats OK, Dogs OK
  • Transfer Fees: 250.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Ad Number: 3104653941
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Automatic Gate, Security System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Architectural Style: French
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 7540003019
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6872.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Beamed Ceilings, Furnished, Granite Counters, High Ceilings, Intercom, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Storage
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, Parking
  • Appliances: Yes
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Total Bedrooms: 7
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Den, Family Room, Library, Living Room, Wood Burning
  • Levels: Three Or More
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4.07
  • Room Type: Basement, Bonus Room, Den, Dressing Area, Entry, Family Room, Formal Entry, Guest/Maid's Quarters, Jack & Jill, Kitchen, Laundry, Library, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Sauna, Separate Family Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private
  • Bathroom Features: Bathtub, Bidet, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Hollywood Bathroom (Jack&Jill), Jetted Tub, Linen Closet/Storage, Privacy Toilet Door, Remodeled, Separate Tub And Shower, Upgraded
  • Room Kitchen Features: Built-In Trash/Recycling, Butler's Pantry, Granite Counters, Kitchen Island, Pots & Pan Drawers, Remodeled Kitchen, Walk-In Pantry
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • Other Structures: Sauna Private
  • Exterior Features: Awning(s), Barbecue Private, Lighting
  • View: City Lights, Coastline, Neighborhood, Ocean
  • Patio And Porch Features: Brick
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Convection Oven, Dishwasher, Double Oven, Electric Water Heater, Freezer, High Efficiency Water Heater, Ice Maker, Instant Hot Water, Microwave, Refrigerator, Trash Compactor, Water Purifier, Water Softener
  • Heating Type: Central
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: price upon request
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Sprinkler System, Treed Lot
  • Lot Size Sq Ft: 33001.06
  • Lot Size Acres: 0.7576

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Month To Month
  • Lot Size Area: 0.7576 Acres
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Water
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Lot: 2,3
  • Tax Tract Number: 6886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Richardson & Directors Associates Llc
Bought by
Three Musketeers 2 Llc

Purchase Details

Closed on
Sep 25, 2019
Sold by
Kocarsian Desire
Bought by
Richardson & Directors Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
6.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 22, 2019
Sold by
Kocarslan Desire
Bought by
Richardson & Described Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,400,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2017
Sold by
Richardson & Directors Associates Llc
Bought by
Richardson & Directors Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
4.15%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 11, 2014
Sold by
Desire Meli Kocarslan Living Trust
Bought by
Richardson & Directors Associates Llc

Purchase Details

Closed on
Jun 14, 2007
Sold by
Uzumcu Melahat and Kocarslan Nihat
Bought by
Uzumcu Melahat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2005
Sold by
Uzumcu Umran
Bought by
Uzumcu Melahat and Kocarslan Nihat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400,000
Interest Rate
6.41%
Mortgage Type
Negative Amortization
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
Three Musketeers 2 Llc -- --
Richardson & Directors Associates Llc -- Accommodation
Kocarsian Desire -- None Available
Richardson & Described Associates Llc -- Accommodation
Kocarslan Desire -- Lawyers Title Oc
Richardson & Directors Associates Llc -- Lawyers Title
Richardson & Directors Associates Llc -- None Available
Uzumcu Melahat -- Chicago Title Co
Uzumcu Melahat $3,400,000 Alliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kocarslan Desire $6,000,000
Previous Owner Kocarslan Desire $5,400,000
Previous Owner Richardson & Directors Associates Llc $1,060,000
Previous Owner Uzumcu Melahat $4,000,000
Previous Owner Uzumcu Melahat $3,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Rented $28,000 0.0% --
12/15/2020 12/15/20 Off Market $28,000 -- --
11/04/2020 11/04/20 For Rent $28,000 +12.0% --
05/11/2020 05/11/20 Rented $25,000 -16.7% --
05/07/2020 05/07/20 Under Contract -- -- --
03/02/2020 03/02/20 Price Changed $30,000 +50.0% $4 / Sq Ft
02/18/2020 02/18/20 Price Changed $19,999 -20.0% $3 / Sq Ft
11/22/2019 11/22/19 For Rent $25,000 0.0% --
11/18/2013 11/18/13 Rented $25,000 0.0% --
11/18/2013 11/18/13 For Rent $25,000 -- --
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 $66,701 $8,950,000 $7,000,000 $1,950,000
2024 $66,701 $5,858,412 $4,562,572 $1,295,840
2023 $65,717 $5,743,542 $4,473,110 $1,270,432
2022 $62,415 $5,630,924 $4,385,402 $1,245,522
2021 $76,058 $6,800,000 $4,800,000 $2,000,000
2019 $59,409 $5,332,941 $4,171,892 $1,161,049
2018 $58,965 $5,228,375 $4,090,091 $1,138,284
2016 $56,006 $5,025,353 $3,931,269 $1,094,084
2015 $55,438 $4,949,868 $3,872,218 $1,077,650
2014 $54,600 $4,852,908 $3,796,367 $1,056,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20233305

California Regional Multiple Listing Service (CRMLS)

APN: 7540-003-019