1509 Lower Paseo La Cresta

Palos Verdes Estates, CA 90274

$8,800,000
Last Sold Price
6
Beds
7
Baths
2
1/2 Baths
10,207 Sq. Ft.
$862 / Sq. Ft.
10,207
Sq. Ft.
$862
per Sq. Ft.

Description

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...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.
  1. Listed by Stephen Haw • DRE #00808646 • Brokerage DRE #01385864 • Keller Williams Palos Verdes

Property Details for 1509 Lower Paseo La Cresta

Architectural Style
Mediterranean
View
Catalina, Mountain(s), Ocean, Panoramic
Parking Spaces Total
4
Private Pool
Yes
Cooling Type
Central Forced Air, Zoned Area(s)
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Keller Williams Palos Verdes, Stephen Haw, DRE #00808646

Sold By LAMB5000, YONG GAO, DRE #01409769

Add your commute
LISTING UPDATED: 06/16/2022 02:15 PM

Property Details for 1509 Lower Paseo La Cresta

StatusClosed
MLS #PV22092587
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2000
Lot Size0.72 AC / 31,314 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Palos Verdes, Stephen Haw, DRE #00808646

Sold By LAMB5000, YONG GAO, DRE #01409769

Add your commute

Virtual Tour

Building Information for 1509 Lower Paseo La Cresta

Stories3Year Built2000Building Size-Lot Size0.72 AC / 31,314 SF

Payment Calculator

$56,459 per month

30 year fixed, 7.25% Interest

Principal and Interest

$48,025

Property Taxes

$8,434

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1509 Lower Paseo La Cresta

Rental Info
Rental Info
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Block: 7
  • Tax Tract Number: 8043
  • Tax Census Tract: 6703.26
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 8
Community / Development
Community / Development
  • Association Amenities: Other
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Suburban
  • Complex Name: PVHA
  • Association Name: PVHA
  • Association Phone: 310-373-6721
Property / Structure Info
Interior Features
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Double Oven, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Equipment: Dishwasher, Disposal, Microwave, Refrigerator, 6 Burner Stove, Convection Oven, Double Oven, Ice Maker, Self Cleaning Oven, Vented Exhaust Fan, Water Line to Refr, Gas Range
  • Interior Features: 2 Staircases, In-Law Floorplan, Balcony, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Elevator, Granite Counters, High Ceilings, Living Room Deck Attached, Recessed Lighting, Sunken Living Room, Two Story Ceilings, Wet Bar, Wired for Sound
  • Room Type: Converted Bedroom, Dressing Area, Formal Entry, Foyer, Guest/Maid's Quarters, Home Theatre, Kitchen, Laundry, Library, Living Room, Master Suite, Media Room, Office, Recreation, Separate Family Room, Walk-In Closet
  • Rooms: Breakfast Bar, Patio Covered, Patio Open, Private Tennis Court
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 0
  • Room Bathroom Features: Bathtub, Bidet, Shower, Shower in Tub, Double Sinks In Master Bath, Dual shower heads (or Multiple), Exhaust fan(s), Granite Counters, Linen Closet/Storage, Privacy toilet door, Separate tub and shower, Vanity area, Walk-in shower
  • Bedroom Features: Converted Bedroom, Dressing Area, Master Suite, WalkInCloset
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open to Family Room, Pots & Pan Drawers, Self-closing drawers, Utility sink
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside, Upper Level, See Remarks
  • Laundry Location: Laundry Room, Other/Remarks, Inside
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Gas
  • Fireplace Rooms: Family Room, Gas, Living Room, Master Bedroom
  • Fireplace: FP in Family Room, FP in Living Room, FP in Master BR, Gas
  • Cooling: Central Air, Zoned
  • Heating Type: Central, Zoned
  • Heating: Central, Zoned
  • Heat Equipment: Zoned Areas, Forced Air Unit
  • Floor Coverings: Stone, Tile, Wood
  • Flooring: Stone, Tile, Wood
  • Virtual Tour URL Branded: http://1509lowerpaseolacresta.com/
  • Virtual Tour URL Unbranded: https://www.seetheproperty.com/u/383862
Exterior Features
  • Window Features: Custom Covering, Double Pane Windows, Drapes, Plantation Shutters, Roller Shields, Skylight(s)
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Closed Circuit Camera(s), Smoke Detector(s), Wired for Alarm System
  • Security: Automatic Gate, Card/Code Access, Wired for Alarm System, Carbon Monoxide Detectors
  • Exterior Features: Barbecue Private
  • Structure Type: House
  • Other Structures: Tennis Court Private
  • Property Condition: Updated/Remodeled
  • Miscellaneous: Elevators/Stairclimber, Suburban
  • View Description: Catalina, Ocean, Panoramic
  • Patio: Yes
  • Patio: Covered, Deck, Stone/Tile, Patio Open, Wrap Around
  • Patio And Porch Features: Covered, Deck, Patio Open, Stone, Wrap Around
  • Pool Features: Private, Heated, In Ground, Solar Heat
  • Pool Description: Heated, In Ground, Private, Solar Heat
  • Pool: Below Ground, Private, Solar Heat, Heated
  • Spa Features: Private, In Ground
  • Tennis Court: Private Tennis Court
Land/Lot Info
  • Lot Features: Back Yard, Landscaped, Lot 20000-39999 Sqft
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Auto Driveway Gate, Circular Driveway, Direct Entrance, Door Opener, Gated
  • Parking Non-Garage: Auto Driveway Gate, Circular Driveway
  • Parking Garage Spaces: 4
  • Parking Garage: Gated, Direct Garage Access, Garage Door Opener
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Auto Driveway Gate, Circular Driveway, Direct Garage Access, Paved, Garage Faces Side, Garage Door Opener, Gated
Property / Structure Info
  • Architectural Style: Mediterranean/Spanish
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 1509 Lower 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 1509 Lower Paseo La Cresta

Taxable ValueLand$4,080,000Additions$4,896,000Total$8,976,000
Tax Record2023$101,204 ($8,434 / month)
Home Facts
Beds8Total Finished SqFt10,207 SqFtAbove Grade Finished SqFt10,207 SqFtLot Size31,314 SqFtStyleMiscellaneous ResidentialYear Built2000ZoningPVR1YYCountyLOS ANGELESAPN7544-019-007

Schools near 1509 Lower 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
Vista Grande Elementary School
PublicK to 5

Ridgecrest 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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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 Keller Williams Palos Verdes, Stephen Haw, DRE #00808646

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.