2521 Novato Place, Palos Verdes Estates, CA 90274

$5,380,000
3
BD
3
BA
3,586
SqFt

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List Price
$5,380,000
Status
ACTIVE
Days on Market
2
MLS#
OC26219876
Subtype
Residential
Style
Ranch
Year Built
1955
Bedrooms
3
Bathrooms
3
Full Baths
1
Living Area
3,586
Lot Size
65,179
Acres
1.50
MLS Area Major
Monte Malaga (162)

Property Description

Crown jewel property with one of the best views in Palos Verdes Estates. Approximately 1.5 acres. The best location for a rebuild at the end of the street on a cul-de-sac . Perched at the end of a quiet cul-de-sac in one of Palos Verdes Estates’ most desirable hillside settings, this custom-built single-story residence is situated on an exceptionally large lot of over 65,000 square feet (approx. 1.5 acres). The property offers expansive, unobstructed panoramic views encompassing the Queen’s Necklace, downtown Los Angeles skyline, SoFi Stadium, the coastline from Redondo Beach toward Malibu, and extending east to Long Beach with mountains beyond. The existing ranch-style home features thoughtful brick and wood craftsmanship throughout and includes a spacious living room, a distinctive round brick tower room, three bedrooms plus a versatile walkthrough room suitable for a variety of uses, three bathrooms, a split-level office or den overlooking a wet bar, two dining areas, and a separate bonus or entertainment room. Outdoor amenities include a pool, built-in grill, and patio designed to take full advantage of the remarkable views. A large circular driveway provides ample parking and leads to a three-car garage with additional workspace. The size and configuration of the lot offer flexibility for future expansion or potential new construction, subject to city approval. Conveniently located near award-winning Palos Verdes schools, Malaga Cove, coastal access, and with easy connectivity to the greater Los Angeles area, this property presents a rare opportunity to own a private view estate in Palos Verdes Estates.

Additional Information

Interior Features
Wet Bar, Built-in Features, Brick Walls, Separate/Formal Dining Room, High Ceilings, Pantry, Storage, Bar, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Workshop
Property Description
Ranch
Zoning
PVR1*
Flooring
Carpet, Vinyl
Appliances
Built-In Range, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Water Heater, Dryer, Washer
Heating
Central, Fireplace(s), Natural Gas, See Remarks
Stories
One Level
Levels
One
Roof
Wood
Pool
Yes
Pool Type
Diving Board, Indoor, Private
Garage Spaces
3
School District
Palos Verdes Peninsula Unified
View
City Lights, Coastline, Panoramic

Listing courtesy of Listing Agent: Kurt Steffien (kurt@steffien.com) from Listing Office: Realty Discount Corporation.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.