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$1,890,000

Beds
6
Baths
3.0
sq ft
3,066

5907 Peacock Ridge Rd, Rancho Palos Verdes, CA 90275

5907 Peacock Ridge Rd

Rancho Palos Verdes, CA 90275

  • 1 day on market
This rare and unique home in walking distance to major school and shopping malls, offers unlimited flexibility and creativity beyond any others you'd find in the Peninsula . Fully renovated in 2022, the house offers stylish updates and latest conveniences throughout the property. With the largest upgrade, it now features a brand new radiant floor heating system in the living room and all major bedrooms , ensuring for an exceptionally cozy winters. The house is designed with separate entrances and kitchens on both levels, allowing for versatile use—whether as a primary residence with an accessory dwelling unit (ADU), or the potential to sell the sections independently. Second floor as the main living area, boasts 4bedrooms with 2 full bathrooms. The master bedroom has a bright walk-in closet with a skylight, while the bathroom provides a very roomy layout with modern designer instalment. Skylights are strategically installed throughout the floor to provide nursery-like brightness all day long. Chef's kitchen has an extra-wide cooktop and sink with generously placed cabinets. First floor has 2 beds, separate living room and a kitchen/mini-dinning area that can be transformed into a full range kitchen with only minor upgrades. With separate HVAC system and entrance, this floor is easily transformable into a separate dwelling with complete privacy. The home share a garage wall but still offers the privacy of a single-family living experience, completed with a fenced private yard with multiple entertainment capabilities. Main yard has generous and private lawn with a newly installed gazebo on deck for the whole family to enjoy, while the lower backyard offers private playground fenced with handsomely planted Cypress trees. With newly installed 22 solar panels, EV charger, and Nest thermostat system, the home is not only self-sufficient but future-proof as-well. Invite you and your family to writing the next chapter in this all-round capable home. Your imagination is probably its only limit.

Details

Property type

Condominium

Est. home value

$1,517,015

Property condition

Updated/Remodeled

Lot size

0.2893 acres

Price per sq ft

$617

Year built

1980

HOA

No

Price History

01/31/2025
CRMLS

CRMLS #SB25019878

Listed
$1,890,000
+21.94%
05/20/2022
CLAW

CLAW #22136343

Sold
$1,550,000

Schools & Community

Elementary school: 

Soleado

Middle school: 

Ridgecrest

High school: 

Palos Verdes Peninsula

Community features: 

Golf, Sidewalks

High school district: 

Palos Verdes Peninsula Unified

Number of units in community: 

2

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

$925,575
Asking price
$1,890,000
Closing costs (~8% of asking)
-$151,200
Est. remaining loan balance
-$813,225
Cash to seller
$925,575

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

Seller’s Loan History

Lender

Bay Valley Mortgage Group

Loan start date

April 2022

Original loan amount

$858,000

Est. remaining balance

$813,225

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Soon Sahng Hong

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?

Status: Active

Tomo last checked: 02/02/2025 at 5:55 AM

Listing updated: 02/01/2025 at 7:05 PM

Listed by: Heeyoung Kim, Peninsula Realty, Inc. Phone #: (310) 938-4989

MLS: CRMLS #SB25019878

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