1502 Paseo La Cresta

Palos Verdes Estates, CA 90274

$8,500,000
Price
6
Beds
5
Baths
1
1/2 Bath
7,556 Sq. Ft.
$1,125 / Sq. Ft.
7,556
Sq. Ft.
$1,125
per Sq. Ft.

Description

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...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.
  1. Listed by Cari Corbalis • DRE #00850678 • Brokerage DRE #01922362 • Vista Sotheby’s International Realty
  2. Listed by Brittney Austin • DRE #01799654 • Brokerage DRE #01922362 • Vista Sotheby’s International Realty

Property Details for 1502 Paseo La Cresta

Architectural Style
Colonial
View
Ocean, Park/Greenbelt
Parking Spaces Total
3
Private Pool
Yes
Cooling Type
Central Forced Air
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Vista Sotheby’s International Realty, Cari Corbalis, DRE #00850678; Vista Sotheby’s International Realty, Brittney Austin, DRE #01799654
Add your commute
LISTING UPDATED: 05/10/2024 11:05 PM

Property Details for 1502 Paseo La Cresta

StatusActive
MLS #SB24087729
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2000
Lot Size0.72 AC / 31,236 SF
CountyLos Angeles County

Location

Listing Courtesy of Vista Sotheby’s International Realty, Cari Corbalis, DRE #00850678; Vista Sotheby’s International Realty, Brittney Austin, DRE #01799654
Add your commute

Virtual Tour

Building Information for 1502 Paseo La Cresta

Stories2Year Built2000Building Size-Lot Size0.72 AC / 31,236 SF

Payment Calculator

$51,191 per month

30 year fixed, 7.25% Interest

Principal and Interest

$46,388

Property Taxes

$4,803

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1502 Paseo La Cresta

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Block: 4
  • Tax Tract Number: 8043
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 16
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Golf, Hiking
Property / Structure Info
Interior Features
  • Interior Features: 2 Staircases, Balcony, Bar, Beamed Ceilings, Granite Counters, Pantry
  • Room Type: Bonus Room, Family Room, Living Room, Main Floor Bedroom, Primary Suite, Walk-In Closet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Room Bathroom Features: Bathtub, Shower, Double Sinks in Primary Bath
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Room Kitchen Features: Kitchen Open to Family Room, Remodeled Kitchen
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Laundry Location: Laundry Room
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Fireplace Rooms: Family Room, Living Room
  • Fireplace: FP in Family Room, FP in Living Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Roof: Tile
  • Entry Location: 1
  • Structure Type: House
  • Other Structures: Tennis Court Private
  • Property Condition: Turnkey
  • View Description: Ocean
  • Pool Features: Private, In Ground
  • Pool Description: In Ground, Private
  • Pool: Below Ground, Private
  • Tennis Court: Private Tennis Court
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Lot 20000-39999 Sqft
  • Lease Considered: No
  • Direction Faces: West
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage - 3 Car
  • Parking Garage Spaces: 3
  • Parking Garage: Garage - Three Door
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Garage - Three Door
Property / Structure Info
  • Architectural Style: Colonial
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 1502 Paseo La Cresta

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1502 Paseo La Cresta

Taxable ValueLand$2,555,889Additions$2,430,296Total$4,986,185
Tax Record2023$57,637 ($4,803 / month)
Home Facts
Beds6Total Finished SqFt7,556 SqFtAbove Grade Finished SqFt7,556 SqFtLot Size31,229 SqFtStyleSingle Family ResidenceYear Built2000ZoningPVR1YYCountyLOS ANGELESAPN7544-022-016

Schools near 1502 Paseo La Cresta

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

Palos Verdes Intermediate School
Public6 to 8

Palos Verdes Peninsula High School
Public9 to 12

Palos Verdes 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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1502 Paseo La Cresta is a single family home for sale in Palos Verdes Estates, CA 90274. This property was listed for sale on May 1, 2024 by Vista Sotheby’s International Realty, it's currently listed at $8,500,000. This listing's school district is Palos Verdes Peninsula Unified School District. Nearby schools include Montemalaga Elementary School, Palos Verdes Intermediate School and Palos Verdes Peninsula High School. 1502 Paseo La Cresta is a 6-bed, 5.5-bath, 7,556 sqft single family home built in 2000.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vista Sotheby’s International Realty, Cari Corbalis, DRE #00850678; Vista Sotheby’s International Realty, Brittney Austin, DRE #01799654

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.