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1 Park Place

Rancho Palos Verdes CA 90275

3
4
2
2976 sq. ft.
25917 sq. ft.
Single-Family
Currently for sale - view listing

Overview

A truly one-of-a-kind Octagonal Oasis awaits, offering a storied past, unmistakable architecture, and a breathtaking coastal setting. Far more than a home, it is a rare opportunity to own a piece of local history and carry its remarkable story into the next chapter. Originally built in 1983 by and for the Burrell family, this extraordinary residence was thoughtfully designed to maximize the spectacular coastal views from its hand-selected location. Perched above the famed Villa Narcissa Estate, built in 1926 for Frank A. Vanderlip Sr., the property occupies a distinctive place in the history of this iconic coastal community. In the 1970s, the Burrell family privately purchased this parcel from the Vanderlip family, later subdividing it into 11 lots and transforming the former Radar Towers into what is now Del Cerro Park. True to its name, the home's distinctive architecture is defined by five octagonal rooms that flow seamlessly from one to the next, creating a uniquely sculptural and connected living experience. In 1997, the Olson family acquired the residence and continued its distinctive architectural legacy, adding an octagon-shaped pool and spa in 2002. A bonus L-shaped room was also added during the renovation, providing additional flexibility and living space. Today, the Octagonal Oasis stands as a singular expression of design, history, and coastal living—a home with a story unlike any other, ready for its next chapter.

Features

3 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
2976 sq. ft. floor area
25917 sq. ft. lot size
Single-Family

Happy sellers in Rancho Palos Verdes

87%
87% of sellers in Rancho Palos Verdes reported that their sale price either exceeded or met their price expectations.

Rancho Palos Verdes stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Rancho Palos Verdes over the last 12 months.

Local market activity for 3 bedroom single-family properties in Rancho Palos Verdes

In the last 12 months, 80 three-bedroom single-family properties similar to 1 Park Place, have been sold.

This represents a 22% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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