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$8,500,000

Beds
6
Baths
5.5
sq ft
7,556

1502 Paseo la Cresta, Palos Verdes Estates, CA 90274

1502 Paseo la Cresta

Palos Verdes Estates, CA 90274

  • 7 days on market
In Montemalaga’s most prestigious enclave, where true wealth is measured by elegance & enduring quality, this ocean-view tennis estate stands as a testament to timeless grandeur. Behind private gates, a sweeping drive leads to a supreme masterpiece. Step into the grand foyer - framed by a double spiral staircase and domed skylight - sets the tone for a home built with precision and artistry. The formal living room, with its luxuriant wood floors, soaring windows framing the Pacific, and an ornately carved fireplace, exudes refinement. A formal dining room, anchored by a cozy fireplace, showcases thick moldings, stone flooring & built-in cabinetry -designed to entertain with grace. The kitchen is a chef’s sanctuary, centered around a commanding island and include a casual dining area. Every element, from the oversized Sub-Zero refrigerator to the Viking range and trio of Thermador ovens, speaks to a commitment to excellence. A sunlit breakfast room opens to the backyard, while the adjacent family room offers seamless access to a fire pit lounge and an outdoor BBQ and bar. A main floor guest suite ensures visitors experience both hospitality and seclusion. ON THE UPPER LEVEL, the primary suite is an opulent sanctuary, boasting breathtaking ocean views, a grand fireplace, private balcony, a Hollywood-inspired closet, and an adjoining office/bedroom suite. The spa-like bath features a deep soaking tub & steam sauna shower. Additional bedrooms, each impeccably appointed, provide comfort without ostentation. For the true connoisseur of leisure, the estate offers an entertainment room with a wet bar, coffered ceiling & a concealed drop-down screen, all framed by sweeping ocean vistas. A wine room, adorned with rich wood cabinets, paneling and a pool table, offers the perfect setting to savor the finest vintages. Outdoors, resort-like amenities abound: a saltwater pool & spa, multiple lounge areas, fireplace, heat lamps & fountain, and an outdoor BBQ/bar/dining area unfold in effortless sophistication. The championship tennis court, recently resurfaced, features a viewing terrace against an endless ocean horizon. Winding, lighted pathways lead through hidden vegetable gardens, offering a quiet homage to a life well-lived. With rich wood floors, handcrafted cabinetry, 6 fireplaces, arched doorways & intricate stonework, this estate is a statement of timeless grandeur—a rare opportunity to own a true legacy of refinement and grace.

Details

Property type

Single Family Residence

Lot size

0.7171 acres

Price per sq ft

$1,125

Year built

2000

HOA

No

Price History

02/16/2025
CRMLS

CRMLS #PV25020681

Listed
$8,500,000
08/16/2024
CRMLS

CRMLS #SB24087729

Removed
$8,500,000
05/10/2024
CRMLS

CRMLS #SB24087729

Listed
$8,500,000

Schools & Community

Elementary school: 

Montemalaga

Middle school: 

Palos Verdes

High school: 

Peninsula

Community features: 

Golf, Suburban

High school district: 

Palos Verdes Peninsula Unified

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Status: Active

Tomo last checked: 02/23/2025 at 1:40 AM

Listing updated: 02/20/2025 at 2:19 PM

Listed by: Stephen Haw, Stephen Haw, Keller Williams Palos VerdesKeller Williams Palos Verdes Phone #: (310) 544-6100

MLS: CRMLS #PV25020681

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