$4,400,000
SOLD JUL 14, 2025
4 Beds
5 Baths
3,821 Sq Ft
6,355 Sq Ft Lot

Recently Sold

$1,152 Per Sq Ft

19% Below List Price

136 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Private Yard
  • Montemalaga Elementary School Rated A+
  • Main Floor Bedroom
  • No HOA

About This Home

As of July 2025

Located in the serene and secluded Palos Verdes Estates, this stunning home is designed by a renowned, multi-award-winning architect who perfectly blends modernism, tranquility, and breathtaking views. Nestled on a quiet street, it features three spectacular modern waterfalls and ponds. This three-story uphill home boasts breathtaking panoramic views from Hollywood Hills to Downtown LA to the entire LA Basin, beach cities, beautiful mountains, and beyond. The entrance is a two-story, elegant, and inviting space that
flows seamlessly into the two-story dining area, kitchen, and living room. The living room stretches
the entire width of the house, offering stunning views of the city and the ocean. The dining room,
framed by a whole glass window, faces a beautifully designed modern waterfall. The spacious kitchen
is another highlight of the house, featuring a bar on one side, a dining table on the other, and a central
island with ample counter space. The kitchen has top-of-the-line appliances, including a
Sub-Zero refrigerator and freezer, a dishwasher, a Wolf oven, a microwave oven, a six-burner range,
and a 50-bottle wine cooler. The kitchen cabinets, 2nd-floor family room kitchenette, and all other
closets and cabinetry are designed and manufactured by IKD (Italian Kitchen Design). Additionally,
there is a large guest bedroom suite on this level, the only enclosed area on the first floor.
The second floor consists of the primary bedroom suite, a family room with a kitchenette, a second
bedroom, and a laundry room, all connected by an open bridge overlooking the first floor. The family
room and master bedroom face stunning panoramic ocean and city views, allowing for spectacular sunrises and sunsets. An expansive balcony stretches the entire width of the building in front of these rooms. Each room has an individually controlled heating and cooling system, except for the ADU, which has only a heater, and the entire building has fire sprinklers. A three-level elevator shaft with its machine room has already been
constructed, connecting the garage/pantry area to the upper floors. One of the four bedrooms is an ADU, including a kitchen, dinette, bath, and a separate living/family room with access from the garage. Spacious outdoor living areas include two huge view balconies and two intimate patios. This rare gem is nearly new and is at one of the most exclusive locations in Palos Verdes Estates!

Last Agent to Sell the Property

Lily Liang

Strand Hill Properties Brokerage Phone: 310-902-7799 License #00837794 Listed on: 01/27/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,502

Year Built

  • Built in 2018

Lot Details

  • 6,355 Sq Ft Lot
  • Rural Setting
  • Landscaped
  • Private Yard
  • Density is 6-10 Units/Acre
  • Property is zoned PVR1YY

Parking

  • 2 Car Attached Garage
  • Up Slope from Street

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,821 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Six Burner Stove
  • Built-In Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • 5 Full Bathrooms

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 11 / 1538
  • Tax Tract Number 6884
  • Assessor Parcel Number 7540025010

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,502

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7540025010
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3821.00 Square Feet
  • Stories: 3
  • Entry Location: garage
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Separated
  • Entry Level: 1
  • Fireplace Features: Dining Room, Living Room
  • Levels: One, Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1151.53
  • Room Type: Dressing Area, Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet

Exterior Features

  • View: City Lights, Coastline, Hills, Mountain(s), Neighborhood, Ocean, Panoramic, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Refrigerator
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Rural

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Landscaped, Up Slope from Street, Yard
  • Lot Size Sq Ft: 6355.00
  • Lot Size Acres: 0.1459

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6355.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1538
  • Tax Census Tract: 6703.24
  • Tax Lot: 11
  • Tax Tract Number: 6884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
Jun 16, 2025
Sold by
Gharachedaghi Mahmoud and Fatemi Fati
Bought by
Wellen Alexander B and Wellen Kristy A
Seller's Agent
Lily Liang
Strand Hill Properties
List Price
$5,399,000
Sold Price
$4,400,000
Premium/Discount to List
-$999,000
-18.5%
Views
123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.85%
Original Mortgage
$2,400,000
Outstanding Balance
$2,397,221
Interest Rate
5.2%
Mortgage Type
New Conventional
Estimated Equity
$1,974,887

Purchase Details

Closed on
Apr 22, 2011
Sold by
Gharachedaghi Mahmoud
Bought by
Gharachedaghi Mahmoud and Fatemi Fati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2002
Sold by
Gharachedaghi Mahmoud
Bought by
Gharachedaghi Mahmoud and Fatemi Fateme

Purchase Details

Closed on
Mar 26, 2002
Sold by
Fatemi Fateme
Bought by
Garachedaghi Mahmoud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 1996
Sold by
American Svgs Bank Fa
Bought by
Gharachedaghi Mahmoud and Fatemi Fateme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1996
Sold by
Kassardjian Sarkis
Bought by
American Svgs Bank Fa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Grant Deed $4,400,000 Progressive Title
Interfamily Deed Transfer -- Priority Title
Interfamily Deed Transfer -- --
Quit Claim Deed -- American Title Co
Grant Deed $525,000 Investors Title Company
Trustee Deed $467,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,400,000 New Conventional
Previous Owner $592,000 Purchase Money Mortgage
Previous Owner $420,000 Purchase Money Mortgage
Closed $125,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Sold $4,400,000 -5.7% $1,152 / Sq Ft
06/12/2025 06/12/25 Pending -- -- --
05/15/2025 05/15/25 Price Changed $4,668,000 -6.6% $1,222 / Sq Ft
03/19/2025 03/19/25 Price Changed $4,998,000 -3.3% $1,308 / Sq Ft
03/03/2025 03/03/25 Price Changed $5,168,000 -4.3% $1,353 / Sq Ft
01/27/2025 01/27/25 For Sale $5,399,000 -- $1,413 / 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 $24,502 $2,127,297 $684,045 $1,443,252
2024 $24,502 $2,085,586 $670,633 $1,414,953
2023 $24,078 $2,044,693 $657,484 $1,387,209
2022 $22,892 $2,004,602 $644,593 $1,360,009
2021 $22,890 $1,965,297 $631,954 $1,333,343
2020 $22,584 $2,146,247 $625,475 $1,520,772
2019 $9,603 $766,503 $613,211 $153,292
2018 $9,499 $751,475 $601,188 $150,287
2016 $9,006 $722,296 $577,844 $144,452
2015 $8,906 $711,448 $569,165 $142,283
2014 $8,778 $697,512 $558,016 $139,496
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV25019674

California Regional Multiple Listing Service (CRMLS)

APN: 7540-025-010