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$9,350,000

Beds
4
Baths
3.0
sq ft
2,866

1115 Palos Verdes Dr W, Palos Verdes Estates, CA 90274

1115 Palos Verdes Dr W

Palos Verdes Estates, CA 90274

  • 261 days on market
Perched gracefully atop the bluff in the esteemed Palos Verdes Estates, this stunning single-story residence boasts breathtaking 180-degree ocean views. Embrace the natural beauty of the coastline right from your doorstep, where indoor and outdoor spaces blend seamlessly to create a tranquil retreat. Step into a meticulously designed living area flooded with natural light from the overhead skylights and panoramic views from the endless sliding glass doors. Cozy up in the living room by the large wood-burning fireplace, all while listening to your favorite music on the Sonos speakers. Entertain in style from the remodeled kitchen, featuring high-end appliances including an oversized Dacor Range, Subzero refrigerator, Nespresso machine, and a large kitchen island. The residence is also equipped with a water-softening filtration system and reverse osmosis for purified drinking water. This stunning home features four bedrooms and three full bathrooms, each equipped with electronic Toto washlets. Retreat to the private master suite with incredible coastline views, complete with a large flat-screen TV, a cozy rocking chair, and a massive master bath with his and hers sinks, a separate vanity, and a large soaking tub and shower. Wake up to the sound of crashing waves and enjoy your morning coffee from the patio while watching surfers below. Step outside to experience the lush landscaping, featuring multiple terraced seating areas, a rejuvenating Hotsprings spa, and a Lujo hammock overlooking the bluff edge. Explore direct access to phenomenal ocean bluff hiking trails and the beach, where you can enjoy surfing, kayaking, fishing, and more. This private retreat is an oasis of serene peace yet is still close to world-famous golf courses and the Terranea Resort, offering you the best of both worlds. Don't miss this rare opportunity to own and experience true coastal elegance.

Details

Property type

Single Family Residence

Est. home value

$4,881,634

Lot size

0.4735 acres

Price per sq ft

$3,263

Year built

1952

HOA

No

Price History

03/30/2024
CLAW

CLAW #24360019

Price change
$9,350,000
+4.18%
02/20/2024
CLAW

CLAW #24360019

Listed
$8,975,000
+96.6%
12/07/2021
CRMLS

CRMLS #PV21225240

Sold
$4,565,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$5,190,975
Asking price
$9,350,000
Closing costs (~8% of asking)
-$748,000
Est. remaining loan balance
-$3,411,025
Cash to seller
$5,190,975

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

November 2021

Original loan amount

$3,652,000

Est. remaining balance

$3,411,025

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Jasvinder Nangiana

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/08/2024 at 3:15 AM

Listing updated: 11/07/2024 at 7:40 PM

Listed by: Jennifer Johnson, Douglas Elliman Phone #: (310) 975-3870

MLS: CLAW #24360019

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