NOT LISTED FOR SALE

Estimated Value: $6,850,000 - $10,833,199

5 Beds
8 Baths
7,434 Sq Ft
$1,219/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $9,250,000 $1,244 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $59,572/month

78 Days on Market

Highlights

  • White Water Ocean Views
  • Home Theater
  • Primary Bedroom Suite
  • Montemalaga Elementary School Rated A+
  • Heated Infinity Pool
  • 0.47 Acre Lot

About This Home

As of June 2021

This newly built contemporary styled home has panoramic views including the ocean, Queen’s Necklace, beach, city lights, and all the way to Malibu and beyond. This home also has a beautiful heated infinity pool, spa, and lovely grass area. It is ideally located in the heart of Palos Verdes Estates. There are 5 bedrooms, 8 baths, 7,434 sq. ft. of open living space on almost a half-acre lot, 500-bottle wine cellar, state-of-the-art movie theatre, multiple fireplaces, Creston Home Automation System, Thermador kitchen appliances, stackable dryer, and washer in the laundry room, lime stoned and wood flooring throughout, and elevator. The Master Bedroom has a fireplace, double sinks, spa, shower, huge walk-in closet, and a full-length balcony with 24 hours’ magnificent views of the ocean for the day and city lights for the night. The four other bedrooms all have ample space, closets, and bathrooms. Other details are all under the virtue tour for floor plans and etc. This is one of the best view homes on the hill. Elegant, luxurious, and comfortable at the same time, truly once in a lifetime opportunity, do not miss it!

Last Agent to Sell the Property

Lily Liang

Strand Hill Properties License #00837794 Listed on: 01/26/2021

Last Buyer's Agent

Patrick Dailey

Realty One Group West License #01929664

Realty One Group West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $107,330

Year Built

  • Built in 2019

Lot Details

  • 0.47 Acre Lot
  • Rural Setting
  • Property is zoned PVR1*

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Auto Driveway Gate
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Panoramic
  • City Lights
  • Mountain

Interior Spaces

  • 7,434 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Library with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • Heated Infinity Pool
  • Waterfall Pool Feature

Additional Features

  • Fire Pit
  • Zoned Heating and Cooling

Listing and Financial Details

  • Legal Lot and Block 1 / 1633
  • Tax Tract Number 7330
  • Assessor Parcel Number 7544004001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$107,330

Year Built

Built in 2019

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: PVR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7544004001
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7434.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Library, Living Room, Master Bedroom, Fire Pit, Great Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1244.28
  • Room Type: Formal Entry, Foyer, Home Theatre, Kitchen, Laundry, Living Room, Master Suite, Separate Family Room, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Bay, City Lights, Coastline, Mountain(s), Ocean, Panoramic, Water, White Water
  • Pool Features: Private, Heated, In Ground, Infinity, Waterfall
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Direct Garage Access, Driveway, Garage Faces Side, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room, Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Palos Verdes Peninsula Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20296.00
  • Lot Size Acres: 0.4659

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20296.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1633
  • Tax Census Tract: 6703.26
  • Tax Lot: 1
  • Tax Tract Number: 7330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2021
Sold by
Fleming Blair J and Girard Isabelle G
Total Days on Market
78
Current Estimated Value
$9,062,066

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
Outstanding Balance
$3,651,503
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$5,410,563

Purchase Details

Closed on
Apr 19, 2021
Sold by
Chowdhury Homes Llc
Bought by
Fleming Blair J and Fleming Isabelle G

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
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jun 26, 2015
Sold by
Dawson Kathy R
Bought by
Chowdhury Homes Llc
Seller's Agent
Shar Farrokhsiar
Estate Properties
Buyer's Agent
Stephen Haw
Keller Williams Palos Verdes
List Price
$2,300,000
Sold Price
$2,800,000
Premium/Discount to List
$500,000
21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Source: Public Records

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Range of Values:

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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
-- -- Lawyers Title
Fleming Blair J $9,250,000 Lawyers Title Company
Chowdhury Homes Llc $2,800,000 Progressive
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floranamel Llc $4,000,000
Previous Owner Fleming Blair J $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $9,250,000 -6.5% $1,244 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $9,888,000 +253.1% $1,330 / Sq Ft
07/24/2015 07/24/15 Sold $2,800,000 +21.7% $947 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $2,300,000 -- $778 / 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
2024 $107,330 $9,623,700 $4,681,800 $4,941,900
2023 $105,788 $9,435,000 $4,590,000 $4,845,000
2022 $102,325 $9,435,000 $4,590,000 $4,845,000
2021 $74,871 $6,696,799 $3,062,208 $3,634,591
2020 $73,863 $6,628,132 $3,030,809 $3,597,323
2019 $33,273 $2,971,381 $2,377,105 $594,276
2018 $33,099 $2,913,120 $2,330,496 $582,624
2016 $31,450 $2,800,000 $2,240,000 $560,000
2015 $4,335 $256,792 $133,394 $123,398
2014 $4,284 $251,762 $130,781 $120,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21016533

California Regional Multiple Listing Service (CRMLS)

APN: 7544-004-001