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11 Cinnamon Lane

Rancho Palos Verdes, 90275

3 Bd
2 Ba
1,834 Sqft
29,470 Lot
$1,499,900 Current Price
Pending Status
138 Days on Market
Nov 24 First Day Active
$1,750,000 Start Price

Description

Welcome to a timeless residence nestled in a quiet gated Portuguese Bend community proudly owned by the same family for over over four decades. This charming abode with oceans views is situated on a flat and corner property boasting the classic allure of a Ranch-style architecture, all on one level with a raised foundation and sub-floor providing a solid base. Upon entering, you're greeted by the warmth of a recently installed HVAC unit, a testament to the commitment to modern comforts. The air circulates seamlessly through the new ducting system, ensuring a comfortable atmosphere throughout the home. Overhead, a durable roof, only six years old. Picture yourself lounging by not one but two fireplaces, both meticulously serviced inside and out, promising cozy evenings and a touch of rustic charm. The exterior is defined by a sturdy cinder block wall erected just six years ago. The boundaries are marked by fully fenced yards, encompassing over a half acre, offering a private sanctuary for outdoor activities and relaxation. This home is connected to the local sewer system. The landscaping is a blend of mature trees, recently trimmed and maintained, providing shade and a scenic backdrop. Plumbing is a well-managed aspect of the property, exemplified by the recently installed disposal. Inside, the home offers three bedrooms in a family-friendly design. A full bathroom and a convenient powder room cater to both functionality and comfort. The laundry/mudroom adds practicality to the daily routine. The gas dryer hookup and two gas water heaters ensure efficiency and convenience. The kitchen features electric cooktops and an oven, offering a balance of traditional and modern culinary options. For additional storage needs, a large and newer Tuff Shed is thoughtfully placed in the yard, providing ample space for tools, equipment, or personal belongings. Completing the ensemble is a 1 1/2 car garage, combining functionality with a touch of nostalgia. This home is not just a residence; it's a testament to decades of thoughtful ownership and a commitment to enduring quality and comfort. *Some photos have been virtually staged

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Property Details for 11 Cinnamon Lane

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Suzanne Dyer
Listing Brokered By
Strand Hill Properties
Type
Residential, Single Family Residence
Year Built
1950 (Assessor)
MLS Area
169 - PV Dr South

Price and MLS Information

Status
Pending | Listing History
MLS Days on Mkt.
138 DOM
Combined DOM*
138
First Date Active
November 24th, 2023
Current Price
$1,499,900
Current PPSF
$818
Orig. List Price
$1,750,000
HOA Fee
$1,150 - Annually
MLS® #
PV23216106
APN
7572014029
Special
Standard

Home Interior Information

Levels/Stories
One
Bedrooms
3
Total Baths
2
Full Baths
2
Int. Sqft.
1,834
Flooring
Wood
Heating
Central
Cooling
Central Air
Int. Features
All Bedrooms Down, Galley Kitchen, Main Level Primary
Fireplaces
Den, Living Room

Room Information

Room Type
All Bedrooms Down, Entry, Galley Kitchen, Kitchen, Living Room, Main Floor Primary Bedroom
Eating Area
Breakfast Nook, Dining Room
Laundry
Inside

Exterior Information

Lot Description
Back Yard, Corner Lot, Front Yard, Horse Property, Landscaped, Lawn, Yard
Lot Size (sq. ft.)
29,470
Lot Size (acres)
0.68
Security
GatedCommunity
Pool
None
Parking Spaces
2
Garage Spaces
2

View, Style & Tour Information

View
Ocean

Utilities Information

Water Source
Public

Additional Information

Zoning
RPRS20000&E*
Buyer's Brokerage Fee
2.500

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
169 - PV Dr South
City/State
Rancho Palos Verdes
Zip Code
90275
County
Los Angeles
# of Units
1
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School Information

District
Palos Verdes Peninsula Unified
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Listing/Price History

11 Cinnamon Lane, Rancho Palos Verdes, (MLS® #PV23216106)

Date Details Price Change
Pending
Active
Pending
Price Reduced (from $1,750,000) $1,499,900 $250,100 (14.29%)
Active
Show More (2)
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Listing Summary

Quick Summary of 11 Cinnamon Lane: This 3 Bedroom/2 Bathroom home in Rancho Palos Verdes is priced at $1,499,900 ($818/PSF) . The 1,834 sqft. Single Family Residence residence was originally built in 1950 and was listed on November 24th, 2023 at $1,750,000, showing 138 Days on Market currently. Contact Dave Fratello today for more information or to go see 11 Cinnamon Lane.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 1st, 2024 at 11:51am PDT. 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.