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$3,399,000

Beds
4
Baths
2.0
sq ft
3,707

3069 Crest Rd, Rancho Palos Verdes, CA 90275

3069 Crest Rd

Rancho Palos Verdes, CA 90275

  • 108 days on market
    • Price drop $51,000↓
    • Open house Sep 17
Designed by architect Paul Wuesthoff, this Mid-Century Modern retreat feels like your own private mountain resort. Nestled into an acre of very usable land, the design and layout will impress the most discerning Midmod enthusiasts, while the breathtaking views from the harbor to Catalina will have everyone else amazed. As you open the gorgeous custom front door, you are taken back into a time when architectural design was unique and artistic. The dramatic entry leads to a library with wall-to-wall built-ins and a private nook, as well as the Great Room, featuring cathedral ceilings and floor-to-ceiling windows, and an attached deck that gives you the best of indoor/outdoor living. The dining room enjoys the same panoramic views and connects to the large, refreshed kitchen with quartz countertops, a Zellige Crema tile backsplash, and recessed lighting. The Primary Suite has a newly remodeled bathroom with limestone floors, Isola Capri tile, Kohler fixtures, West Elm hardware, a walk-in shower, and a freestanding tub. There is a spacious walk-in closet and another large closet, making the battles of closet space a thing of the past. The primary bedroom has raised ceilings and French doors that open to another private deck that would be amazing for morning coffee or yoga (or both). On the lower level is a large lounge/den with a fireplace and wet bar that is perfect for when you want more space for your guests. This level has the other three bedrooms and provides an option to open two into one large room. The second bathroom has been completely remodeled with limestone flooring, stunning Zellige Perla tile, Kohler fixtures, and West Elm Hardware to keep the Midmod feel to the house. The exterior is as stunning as the rest of the property, with an expansive flat side yard, large enough to host a wedding (or party of your choice). As you go down to the pool and spa, your guests can take advantage of the changing room, separate bathroom, and outdoor shower that are perfect for the pool-goers. As you soak in the views and take in the privacy, you may get lost in your original feeling of being at a mountain retreat. However, this mountain retreat is within walking distance to award-winning Mira Catalina Elementary and the new UCLA South Bay campus, and just a short drive to parks, beaches, and nature trails. Not many acre-sized properties come on the market in Los Angeles, and very few have the architectural excellence of this Mid-Century Modern gem.

Details

Property type

Single Family Residence

Est. home value

$3,201,383

Property condition

Updated/Remodeled

Lot size

0.9969 acres

Price per sq ft

$917

Year built

1967

Price History

08/09/2024
CRMLS

CRMLS #SB24110666

Price change
$3,399,000
-1.48%
05/31/2024
CRMLS

CRMLS #SB24110666

Listed
$3,450,000
+23.21%
05/06/2021
CRMLS

CRMLS #PV21051751

Sold
$2,800,000

Schools & Community

Elementary school: 

Mira Catalina

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Palos Verdes Peninsula Unified

Seller’s Loan History

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

Lender

Bank Of The West

Loan start date

May 2022

Original loan amount

$305,000

Est. remaining balance

Not provided

Interest rate

3.56%

Loan type

Credit Line (Revolving), 30 year

Seller

Michael John Suggett and Margret Solveig Arnold

Lender

Citibank Na

Loan start date

April 2021

Original loan amount

$2,000,000

Est. remaining balance

$1,856,253

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Michael John Suggett and Margret Solveig Arnold

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: 09/16/2024 at 11:05 AM

Listing updated: 09/14/2024 at 4:51 PM

Listed by: Anthony (Tony) Liakos, Beach City Brokers Phone #: (310) 543-3536

MLS: CRMLS #SB24110666

CRMLS logo