968 Paseo La Cresta, Palos Verdes Estates, CA 90274
FOR SALE0.69 ACRES
Listed by Chris Adlam, Vista Sotheby's International Realty, (310) 541-8271

968 Paseo La Cresta
Palos Verdes Estates, CA 90274

  • 5 Beds
  • 8 Baths
  • 6,831 sqft (on 0.69 acres)
  • 5 Beds
  • 8 Baths
  • 6,831 sqft (on 0.69 acres)

$13,998,000

Est. Mortgage $88,486/mo*

Local Information

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Description

The embodiment of style and elegance... this one of a kind, KAA designed home is majestically perched in one of the most exclusive neighborhoods in Palos Verdes Estates, with the most coveted view in the entire South Bay. From the dramatic motor court with its "living wall", a teak walkway hovers over the koi pond and escorts you to the oversized glass pivot door. Frameless floor to ceiling windows accentuate the views from the entire North side of the home. A 12 foot high glass wine cellar is adjacent to the gourmet kitchen with 18 foot center island. A central courtyard plays host to the dramatic pool & spa, while enjoying the panoramic views of the ocean, coastline and city lights. Basalt and hardwood floors, mahogany ceilings and a slate roof are just a few of the exquisite details. No expense was spared. Like a timeless piece of art, sure to stand the test of time, this home is spectacular in every sense.

Home Highlights

Parking
3 Car Garage
Outdoor
Patio, Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
$2,049
Listed
80 days ago

Home Details for 968 Paseo La Cresta

Interior Features

Beds & Baths
Number of Bedrooms: 5Main Level Bedrooms: 5Number of Bathrooms: 8Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 4Number of Bathrooms (half): 2Number of Bathrooms (main level): 7
Dimensions and Layout
Living Area: 6831 Square Feet
Appliances & Utilities
Laundry: Laundry Room
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: Library, Living Room, Master Bedroom, Fire PitSpa: Private, HeatedHas a FireplaceHas a Spa
Windows, Doors, Floors & Walls
Flooring: See Remarks, WoodCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: 1Floors: See Remarks, Wood
View
Has a ViewView: City Lights, Coastline, Ocean, Panoramic, Water

Exterior Features

Exterior Home Features
Patio / Porch: PatioHas a Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageHas an Attached GarageParking Spaces: 3Parking: Garage Attached
Pool
Pool: Private, Heated, In Ground, Salt WaterPool
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 80

Property Information

Year Built
Year Built: 2016
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 7541020008

Price & Status

Price
List Price: $13,998,000Price Per Sqft: $2,049
Status Change & Dates
Off Market Date: Mon Apr 15 2024

Active Status

MLS Status: Active

Location

Direction & Address
City: Palos Verdes Estates
School Information
High School District: Palos Verdes Peninsula Unified

Agent Information

Listing Agent
Listing ID: PV24023600

Community

Community Features: Biking, Golf, Hiking, Horse Trails, Stable(s), SuburbanNot Senior Community

HOA

Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 0.69 acres

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: PV24023600Water ViewWater View: Coastline, Ocean, White WaterAttribution Contact: 310-493-7216

Additional Information

BikingGolfHikingHorse TrailsStable(s)Suburban
Last check for updates: about 24 hours ago
Listing Provided by: Chris Adlam DRE #00967574, (310) 493-7216
Vista Sotheby's International Realty
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PV24023600

Price History for 968 Paseo La Cresta

DatePriceEventSource
02/01/2024$13,998,000Listed For SaleCRMLS #PV24023600
10/31/2023$13,999,000ListingRemovedCRMLS #PV22151508
08/19/2023$13,999,000PriceChange
CRMLS #PV22151508
09/07/2022$15,000,000Listed For SaleCRMLS #PV22151508
08/25/2022ListingRemovedCRMLS #PV22151508
07/11/2022$16,900,000Listed For SaleCRMLS #PV22151508
06/21/2013$5,000,000Sold
CLAW #13661413
05/29/1997$3,500,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$83,518
Assessment$7,365,364
Home facts updated by county records

Comparable Sales for 968 Paseo La Cresta

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.09
Single-Family Home
$12,500,000
07/10/23
5
6
6,000
0.31
Single-Family Home
$5,300,000
01/10/24
6
7
7,194
0.41
Single-Family Home
$4,800,000
06/28/23
6
8
6,434
0.28
Single-Family Home
$6,300,000
04/18/24
6
7
8,170
0.24
Single-Family Home
$4,500,000
03/12/24
4
4
4,420
0.44
Single-Family Home
$10,800,000
11/14/23
6
8
11,042
0.59
Single-Family Home
$7,472,500
06/15/23
4
4
5,652
0.58
Single-Family Home
$5,298,000
07/20/23
3
4
3,919

What Locals Say about Palos Verdes Estates

  • Trulia User
    "I or my immediate family have never taken public transportation. My commute to work is as beautiful as can be. The journey hugs the coast most of the way into town."
    2
    Flag
  • Chuck
    "Great schools. Great police and quiet place. Close to beach and get sea breeze. Beautiful neighborhood."
    1
    Flag
  • CadenJTaylor
    "Palos Verdes can be compared to a rich countryside with elegance and a calming sea breeze. The creation of curious wildlife are abundant as those who dwell on the land. May the romantic character of Palos Verdes never be cultivated to the point of no return."
    2
    Flag
  • Capo4
    "People who live hear belong to neighborhood watch programs and look out for each other. The Palos Verdes School District is consistently rated above the 90+ percentile. Home owners in PVE take pride in maintaining the beauty and character of their Mediterranean style homes. This coastal city is fortunate to have southern and west facing beaches and rely on these ocean breezes to keep temperatures mild and even."
    3
    Flag

LGBTQ Local Legal Protections

Chris Adlam, Vista Sotheby's International Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
968 Paseo La Cresta, Palos Verdes Estates, CA 90274 is a 5 bedroom, 8 bathroom, 6,831 sqft single-family home built in 2016. This property is currently available for sale and was listed by CRMLS on Apr 22, 2024. The MLS # for this home is MLS# PV24023600.