2 Possum Ridge Road

Closed 9/1/23Virtual Tour
Closed 9/1/23Virtual Tour
Gallery Image 1
Last Sold Price
$5,200,000
2 beds2,016 sqft$2,579/sqft
2 Possum Ridge Rd, Rolling Hills, CA 90274

Description

Introducing a once-in-a-lifetime opportunity: 2 Possum Ridge Rolling Hills. This remarkable property, situated on an expansive 4.7-acre lot, captivates with its sweeping vistas and unlimited potential. For the first time in an astounding 74 years, this coveted estate is ready to welcome a new chapter in its storied history. Perched high above the city, the property offers an awe-inspiring panorama that includes the dynamic skyline of downtown Los Angeles and the serene ocean views of the Redondo...Introducing a once-in-a-lifetime opportunity: 2 Possum Ridge Rolling Hills. This remarkable property, situated on an expansive 4.7-acre lot, captivates with its sweeping vistas and unlimited potential. For the first time in an astounding 74 years, this coveted estate is ready to welcome a new chapter in its storied history. Perched high above the city, the property offers an awe-inspiring panorama that includes the dynamic skyline of downtown Los Angeles and the serene ocean views of the Redondo Beach Queens Necklace. Imagine waking up to the golden glow of sunrise over the city and winding down with the gentle hues of a Pacific sunset—each day a masterpiece of nature's canvas. At the heart of this estate is a charming 2-bedroom, 2-bathroom, 2,016 square foot home—a testament to its enduring legacy. Alternatively, for those with a vision of their dream home, this property provides a rare opportunity to create a custom masterpiece. Whether you choose to craft a new architectural marvel or reimagine the existing residence, the canvas is yours to shape. A spacious 6-car parking garage effortlessly accommodates vehicles, reflecting the lifestyle of comfort and convenience that defines this estate. Additionally, a two-story barn stable stands ready to accommodate equestrian pursuits or provide a canvas for creative possibilities. Positioned in the coveted enclave of Rolling Hills, this property offers privacy and tranquility while maintaining accessibility to the vibrant city and coastal destinations. Seize the moment to own a piece of history and craft a future filled with boundless promise. Embark on a journey of imagination, where the scenic views and abundant space set the stage for your aspirations. Whether you're drawn to the allure of the existing residence or inspired to create a visionary new abode, 2 Possum Ridge Rolling Hills is more than a property—it's a canvas for the life you've always dreamed of.
LISTING CLOSED: 09/01/2023 12:00 AM

  1. Listed by Daniel Assayag • DRE #01762501 • Brokerage DRE #01922362 • Vista Sotheby’s International Realty

Property Details for 2 Possum Ridge Road

Status
Closed
MLS #
SB23155894
Days on Market
3
Taxes
-
HOA Fees
$13,000
Condo/Co-op Fees
-
Property Type
Single Family
MLS Type
Residential / Single Family Residence
Year Built
1949
Lot Size
4.77 AC / 207,567 SF
County
Los Angeles County
View
City Lights, Coastline, Hills, Ocean
Parking Spaces Total
16
Private Pool
No
Cooling Type
None
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2016
Assessor Parcel Number
7569-009-008
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No
Stories Total
1
Entry Level
1
Fireplace
Yes
Pool
No
View
Yes
View
Yes
Parking for RV
Garage
Association
Yes
Association Fee
$13,000.00
Association Fee Frequency
Annually
Zoning
RHRAS2*
Senior Community
No
Parcel Number
7569009008
Area
Rolling Hills (166)
High School District
Palos Verdes Peninsula Unified
Directions
Corner of Crest Rd & Possum Ridge
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Location

Listing Courtesy of Vista Sotheby’s International Realty, Daniel Assayag, DRE #01762501

Sold By Vista Sotheby’s International Realty, Daniel Assayag, DRE #01762501

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Building Information for 2 Possum Ridge Road

Stories1Year Built1949Building Size-Lot Size4.77 AC / 207,567 SF

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OriginPoint Mortgage or Rocket Mortgage1

$44,522 per month

30 year fixed, 6.55% Interest

Principal and Interest

$26,431

Property Taxes

$5,091

HOA Dues

$13,000

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Property Information for 2 Possum Ridge Road

Rental Info
Rental Info
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Tract Number: 7084
  • Tax Census Tract: 6705.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 123
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Association Amenities: Tennis Court(s), Horse Trails
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Horse Trails, Stable(s)
  • Complex Name: RHCA
  • Complex Features: Horse Trails
  • Association Name: RHCA
  • Association Phone: 310-544-6222
Property / Structure Info
Interior Features
  • Appliances: Built-In Range
  • Equipment: Inside, Room
  • Interior Features: High Ceilings, Open Floorplan, Pantry
  • Room Type: Entry
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Room Bathroom Features: Shower
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Fireplace Features: Family Room
  • Fireplace Rooms: Family Room
  • Fireplace: FP in Family Room
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
  • Flooring Type: Wood
  • Floor Coverings: Wood
  • Flooring: Wood
  • Virtual Tour URL Branded: http://sites.southbaypics.com/2possumridge
  • Virtual Tour URL Unbranded: http://sites.southbaypics.com/2possumridge/?mls
Exterior Features
  • Entry Location: 1
  • Structures: Horse Allowed, Horse Facilities
  • Structure Type: House
  • Other Structures: Horse Allowed, Horse Facilities
  • Miscellaneous: Horse Allowed, Horse Facilities
  • View Description: City Lights, Coastline, Hills, Ocean
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Tennis: Yes
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 2-5 Units/Acre, Horse Property
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Conventional Septic
  • Sewer/Septic: Conventional Septic
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Uncovered Spaces: 10
  • Open Other Spaces Total: 10
  • Parking Non-Garage: Garage
  • Parking Garage Spaces: 6
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Covered, Driveway, Garage
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 2 Possum Ridge Road

DateEvent & SourcePriceAppreciation
Sep 1, 2023

Sold

SDMLS #SB23155894

$5,200,000—
Sep 1, 2023

Sold

CLAW #SB23155894MR

$5,200,000—
Sep 1, 2023

Sold

CRMLS #SB23155894

$5,200,000—
DateEvent & SourcePrice
09/01/2023

Sold

SDMLS #SB23155894

$5,200,000
09/01/2023

Sold

CLAW #SB23155894MR

$5,200,000
09/01/2023

Sold

CRMLS #SB23155894

$5,200,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2 Possum Ridge Road

Taxable ValueLand$4,243,200Additions$1,060,902Total$5,304,102
Tax Record2025$61,088 ($5,091 / month)
Home Facts
Beds2Total Finished SqFt2,016 SqFtAbove Grade Finished SqFt2,016 SqFtStories1Lot Size207,567 SqFtStyleSingle Family ResidenceYear Built1949ZoningRHRAS2*CountyLOS ANGELESAPN7569-009-008

Schools near 2 Possum Ridge Road

This home is within Palos Verdes Peninsula Unified School District.
Rating
School
Type
Grades
Distance
Dapplegray Elementary School
Public - K to 5
Miraleste Intermediate School
Public - 6 to 8
Palos Verdes High School
Public - 9 to 12
Palos Verdes Peninsula High School
Public - 9 to 12
Rating
School
Distance
Dapplegray Elementary School
PublicK to 5

Miraleste Intermediate School
Public6 to 8

Palos Verdes High School
Public9 to 12

Palos Verdes Peninsula High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vista Sotheby’s International Realty, Daniel Assayag, DRE #01762501

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.