1502 Paseo La Cresta Palos Verdes Estates, CA $ 8,500,000
1502 Paseo La Cresta
$ 8,500,000
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1502 Paseo La Cresta

Palos Verdes Estates, CA, 90274
$ 8,500,000
Bedrooms6 Baths5.1 Sq 7,556

Monthly Estimate*

$ 56,494

Listed by Vista Sotheby’s International Realty
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Single Family Home for sale in Palos Verdes Estates, CA

for $8,500,000 with 6 bedrooms and 5 full baths, 1 half bath. This 7,556 square foot home was built in 2000 on a lot size of 0.7171.

Nestled within an exclusive enclave of the Montemalaga neighborhood, this exquisite ocean-view tennis estate offers unparalleled luxury and privacy. Beyond its private gated entry, you're welcomed by a grand foyer boasting a dramatic double staircase and a domed ceiling, setting the tone for elegance throughout. The main level features a step-down formal living room with herringbone wood floors, oversized windows framing panoramic ocean vistas, and a carved wood fireplace. The formal dining room with a fireplace, elegant stone floors, thick moldings, and built-in cabinetry allows you to entertain in style. The gourmet kitchen boasts a massive stone-topped island and high-end appliances, including an oversized Sub-Zero refrigerator, Viking 6-burner range, 3 Thermador ovens, 2 dishwashers, a warming drawer, and a convenient butler's pantry. The kitchen seamlessly flows into the sunken family room, accented by a fireplace and graceful curved windows, with a spacious breakfast room leading to the rear yard oasis. Outside, discover resort-style amenities, including a pool, spa, multiple seating areas with fireplaces and fountains, and a new outdoor bar and barbecue. Sports enthusiasts will appreciate the tennis court with a dedicated viewing area overlooking the action and captivating ocean views. Paved, lighted walkways wind through hidden vegetable gardens. Upstairs, the sprawling primary suite boasts stunning views, an adjoining office or bedroom, and a private viewing balcony. The primary bathroom is a sanctuary with a large spa tub, steam sauna shower, and a completely reconstructed closet with a luxury custom organization system. Entertain guests in the game room featuring a coffered ceiling, bar, and drop-down concealed screen with ocean views. Downstairs, a dedicated guest suite with separate access ensures comfort and privacy for visitors. Wine enthusiasts will delight in the extensive wine room with custom wood paneling, a pool table, and display cabinets. Details such as rich wood floors and cabinetry, custom arched doorways, oversized interior doors, gorgeous windows, intricate moldings, and stone accents are a nod to the quality of the construction and the timeless appeal of this palatial residence. This is a rare opportunity to experience coastal living at its finest.

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Single Family Active

Price

$ 8,500,000

Bedrooms

6

Full Bath

5

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Colonial

Lot Size

0.7171

Year Built

2000

Town/City

Palos Verdes Estates

County/Region

Los Angeles

MLS | Web ID

SB24087729

Days on Market

44

Features
General
Interior Features BeamedCeilings Balcony GraniteCounters MultipleStaircases Pantry Bar BedroomonMainLevel PrimarySuite WalkInClosets
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Possession Negotiable
Roof Tile
HOA 0.0
Garage Spaces 3.0
Architectural Style Colonial
Pool Features InGround Private
Year Built 2000
View ParkGreenbelt Ocean
Stories 2
Levels Two
Property SubType SingleFamilyResidence
Community Features Biking Golf Hiking
County Los Angeles
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage Y
Facing Direction West
Garage Y/N Y
Other Structures TennisCourts
Special Listing Conditions Standard
Status Active
Directions off Via Coronel
City Palos Verdes Estates
Entry Location 1
View Y/N Y
Senior Community Y/N N
High School District Palos Verdes Peninsula Unified
NumberOfUnitsTotal 1
MLS Area 162 - Monte Malaga
Lot Size Units SquareFeet
Lot Size Square Feet 31236.0
Private Pool Y
Waterfront Y/N N
Carport Y/N N
Listing Terms Conventional
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition Turnkey
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=btbRkCQwsiW
Days on Market 21
Structure Type House
Living Area Units SquareFeet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 16
Property Sub Type Additional SingleFamilyResidence
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Exterior
Parking Features DoorMulti Garage
Water Source Public
Total Parking 3.0
Lot Size Area 31236.0
Spa N
Lot Size Acres 0.7171
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features FamilyRoom LivingRoom PrimaryBedroom
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Full Baths 5
Half Baths 1
Laundry Features LaundryRoom
Total Bedrooms 6
Entry Level 1
Electric On Property Y/N N
Main Level Bedrooms 1
Main Level Bathrooms 2
Total Baths 6
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Internal Only
Street Number 1 1502
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* Excluded Features
List By
Vista Sotheby’S International Realty

Broker

(310) 704-4014

Phone

Affordability Calculator

$56,494
Per Month
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Monthly Principal & Interest
$56,494
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4338765 Elementary School
4338622 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/11/2024$8,500,000 Listed Price

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1502 Paseo La Cresta, Palos Verdes Estates, CA, 90274 is a Single Family Home for sale at $8,500,000 with 7,556 sqft and a lot size of 0.7171. 1502 Paseo La Cresta has 6 bedrooms, 5.1 baths, and was built in 2000. The property's zip code is 90274 which is in Palos Verdes Estates, CA