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Off Market

1509 Lower Paseo La Cresta

Palos Verdes Estates CA 90274

6
9
4
10207 sq. ft.
31314 sq. ft.
Single-Family
Last sold for $8,800,000
Stephen HawStephen Haw, last sold this property on 15 June 2022 after 36 days on market.

Overview

GOLDEN OPPORTUNITY to own this Grand Mediterranean Estate, located on one of the most desirable streets in Montemalaga area of Palos Verdes Estates. The huge 31,314 sq. ft. lot boasts Unobstructed Ocean, Catalina Island & Malibu Mountain views, garden landscape with fruit trees, north/south tennis court and indoor/outdoor pool & spa. This 10,207 sq. ft. mansion has been extensively and beautifully remodeled with the most intricate details. A formal entry leads to the grand foyer with ornamental crystal chandeliers & hand painted spiral staircase, and opens to the expansive balcony to showcase the mesmerizing views. The formal living room is adorned with European panel ceilings while the family room has hand painted ceiling mural. Both have a cozy fireplace and open to the view balcony outside. The Tuscany kitchen has chef grade appliances, large center island with breakfast bar and a casual dining area. It opens to the family room on one side and leads to the formal dining room with a butler station on the other side. A designer library is conveniently located in the front while a large functional office converted from a bedroom en-suite with 3/4 bathroom can be turned back to a main floor guest quarter. On the UPPER LEVEL, the master bedroom has a dressing room with 2 walk-in closets and a huge master bathroom with double vanities/showers/privacy toilet chambers. There are 4 more view bedroom en-suites with ample closet space, while ALL bedrooms have a view balcony for private enjoyment. Entertainment/leisure area is of abundance in this residence: besides a home theater, the LOWER LEVEL has an entertainment room for hosting a pool, BBQ or singing party and an adjacent maid?s quarter currently used as a recreation/exercise room. An indoor elevator, 2 main floor powder rooms, 2 laundry rooms and a large 4 car garage with storage complete the wonderful residence. This luxury mansion has fine appointments such as hand painted murals, moldings & staircases, decorative fixtures that are meticulously procured and massive marble floors throughout. A must see property if you are in the market for the ultimate luxurious living experience.

Features

6 bedrooms
9 bathrooms
4 carspaces
10207 sq. ft. floor area
31314 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 6 bedroom single-family properties sold in Palos Verdes Estates over the last 12 months, the estimated median property value of 1509 Lower Paseo La Cresta is $4.1m.

Median value
$4.1m
Estimated value range
$9.55k - $9.7m
Median days on market
64
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Palos Verdes Estates. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1509 Lower Paseo La Cresta

2022
Sold
$8,800,000
15 Jun 2022 by Stephen Haw, of Keller Williams Palos Verdes
2009
Sold
Undisclosed
17 Apr 2009

Happy sellers in Palos Verdes Estates

92%
92% of sellers in Palos Verdes Estates reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 7 reviews in Palos Verdes Estates over the last 12 months.

Local market activity for 6 bedroom single-family properties in Palos Verdes Estates

In the last 12 months, 16 six-bedroom single-family properties similar to 1509 Lower Paseo La Cresta, have been sold.

This represents a 166% decrease in six-bedroom single-family properties sales when compared to the previous 12 months.

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