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$8,990,000

Beds
7
Baths
9.0
sq ft
8,055

53 Marguerite Dr, Rancho Palos Verdes, CA 90275

53 Marguerite Dr

Rancho Palos Verdes, CA 90275

  • 225 days on market
    • Price drop $260,000↓
Bluff front ocean view, white water view, beach access trail from your backyard, experience sophisticated elegance as you enter this private gated Italian Villa estate that sits high on the bluff with panoramic views of the Pacific Ocean, stretching from Catalina to Malibu. Spanning over 8,055 square feet of meticulously designed living space, this magnificent residence boasts seven bedrooms and nine baths. Step inside to find an inviting interior that seamlessly blends modern sophistication with timeless charm. Archways and marble steps lead you to the formal living room and dining room. The gourmet kitchen is a culinary enthusiast's dream, featuring a center island cooktop, state-of-the-art appliances, and ample storage space. Adjacent to the kitchen, the dining area offers a picturesque setting for enjoying meals with family and friends while overlooking breathtaking vistas of the Pacific Ocean. The formal living room, complete with a dramatic stone fireplace and French doors creating the perfect setting for sophisticated entertaining. The master suite celebrates luxury with a fireplace, large sitting area that overlooks the ocean, his and hers baths and walk in closets. The home has additional ensuite bedrooms on both levels. The outdoor oasis is an absolute dream, featuring a beautiful pool and spa where you can unwind and soak up the California sunshine. Offering endless opportunities for enjoyment against the backdrop of sweeping ocean views. A guest house with a separate living room area ensures privacy and convenience for visitors. Indulge in the ultimate entertainment experience with a media room, a library, and a wine cellar with handpainted ceilings. Conveniently located near top-rated schools, shopping centers, and scenic hiking trails, experience the epitome of coastal living at this must see property.

Details

Property type

Single Family Residence

Est. home value

$8,134,838

Lot size

1.0078 acres

Price per sq ft

$1,117

Year built

1991

Monthly HOA fee

$294

Price History

06/20/2024
CRMLS

CRMLS #SB24060645

Price change
$8,990,000
-2.81%
06/15/2024
CRMLS

CRMLS #SB24060645

Removed
$9,250,000
04/18/2024
CRMLS

CRMLS #SB24060645

Price change
$9,250,000
-5.13%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Golf, Suburban, Sidewalks, Park

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

Wei Su

Loan start date

September 2023

Original loan amount

$7,000,000

Est. remaining balance

Not provided

Interest rate

6.96%

Loan type

Commercial

Seller

Ft Holding Llc

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 6:55 AM

Listing updated: 10/19/2024 at 4:55 PM

Listed by: Mingli Wang, Realty One Group United Phone #: (310) 356-0940

MLS: CRMLS #SB24060645

CRMLS logo