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1420 Paseo La Cresta

Palos Verdes Estates, 90274

6 Bd
10 Ba
11,332 Sqft
35,225 Lot
$10,990,000 Current Price
Active Under Contract Status
53 Days on Market
Mar 4 First Day Active
$11,888,000 Start Price

Description

Ensconced in the entirely fenced and gated enclave of Palos Verdes Estates, this Tuscan Villa was designed by Donald Hendrickson, AIA, with the interior designed by Hendrix-Allardyce and landscaping by Lifescapes, designed the Bellagio Garden.This property boasts a fantastic landscape with mature trees, fountains, a sparkling pool, spa, pergola, gazebo, loggia, and tranquil walkways.It was built with superior quality and attention to detail, including walls an average 12 inches thick.From the formal courtyard with a fountain through the Loggia to the front foyer, you already know this is a home built with labor of love.There is a spacious 2-story foyer, with a specially designed curved staircase surmounted by an Italian-inspired stained-glass dome.The living room has a vintage French fireplace, and voluminous windows and adjoins a music room or a meeting room.The formal dining room opens seamlessly into the front Loggia and with a swing door to the chef's kitchen that is fully equipped with all your needs!

There is also a separate breakfast nook in addition to the banquette set.Truly a perfect home that meets any entertaining need from an intimate dinner party to a fundraising gala!A lovely sitting area with plenty of sunlight is next to a casual media room- specially designed with no reflections while enjoying TV during the daytime, two walls with built-in cabinets, displaying shelves, and a cozy fireplace.A stately library is next to the living room with elaborately designed ceilings/walls.There is a spacious family room/cabana with a full marble bar and lounge and then retreat to the loggia and into the award-winning resort-style garden.The upper level features a generous primary suite with a huge sitting room and view balcony, his and her section of a huge closet, his powder room in addition to a spa-like bathroom with steam shower and huge massage tub, and her toilet/bidet.4 generous guest suites complete the upstairs. The lower level has a room that was designed for a movie theater, a wine cellar, and the 6th bedroom suite,with its own entry and living quarters, a spacious laundry room, equipment room and storage room.Soak in the sun at the swimming pool, encompassed by the lush landscape and mature trees or enjoy the cozy outdoor fireplace on a cooler night.Additional amenities include multiple zoning central air,central vacuum,4 car garage, elevator, etc.Do not miss such a handsome house with its understated elegance and quality construction!

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Property Details for 1420 Paseo La Cresta

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Lily Liang
Listing Brokered By
Strand Hill Properties
Type
Residential, Single Family Residence
Year Built
1992 (Assessor)
MLS Area
162 - Monte Malaga

Price and MLS Information

Status
Active Under Contract | Listing History
MLS Days on Mkt.
53 DOM
Combined DOM*
53
First Date Active
March 4th, 2024
Current Price
$10,990,000
Current PPSF
$970
Orig. List Price
$11,888,000
MLS® #
PV24043442
APN
7544015006
Special
Standard

Home Interior Information

Levels/Stories
Three Or More
Bedrooms
6
Total Baths
10
Full Baths
8
Half Baths
2
Int. Sqft.
11,332
Flooring
Stone, Wood
Heating
Central, Zoned
Cooling
Central Air, Zoned
Appliances
Built-In Range, Dishwasher, Double Oven, Freezer, Gas Cooktop, Microwave, Range Hood, Refrigerator
Int. Features
Elevator, Entrance Foyer, Multiple Staircases, Stone Counters, Storage, Utility Room, Wet Bar, Wine Cellar
Fireplaces
Den, Family Room, Living Room, Outside, Primary Bedroom
Windows
Drapes

Room Information

Room Type
Foyer, Great Room, Home Theatre, Kitchen, Laundry, Library, Living Room, Primary Bathroom, Primary Bedroom, Multi-Level Bedroom, Separate Family Room, Utility Room, Wine Cellar
Eating Area
Breakfast Nook, Dining Room, Country Kitchen, See Remarks
Laundry
WasherHookup, GasDryerHookup, LaundryRoom
Kitchen Features
Kitchen Island, Kitchenette, Pots & Pan Drawers, Stone Counters, Utility sink, Walk-In Pantry
Bathroom Features
Bathtub, Bidet, Shower, Jetted Tub, Main Floor Full Bath, Stone Counters, Walk-in shower

Exterior Information

Lot Description
0-1 Unit/Acre, Landscaped, Lawn, Sloped Up, Yard
Lot Size (sq. ft.)
35,225
Lot Size (acres)
0.81
Roof
Tile
Security
Prewired, SecuritySystem, SmokeDetectors
Pool
Heated, In Ground, Private
Parking Spaces
8
Garage Spaces
4

View, Style & Tour Information

View
City Lights, Coastline, Courtyard, Hills, Mountain(s), Ocean, Trees/Woods, Water
Style
Mediterranean

Utilities Information

Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Electric
ElectricityOnBond, Item220VoltsinLaundry
Water Source
Public

Additional Information

Zoning
PVR1YY
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
162 - Monte Malaga
City/State
Palos Verdes Estates
Zip Code
90274
County
Los Angeles
# of Units
1
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School Information

District
Palos Verdes / LAUSD – inquire
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Listing/Price History

1420 Paseo La Cresta, Palos Verdes Estates, (MLS® #PV24043442)

Date Details Price Change
Active Under Contract (from Active)
Price Reduced (from $11,888,000) $10,990,000 $898,000 (7.55%)
First Day Active $11,888,000
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Listing Summary

Quick Summary of 1420 Paseo La Cresta: This 6 Bedroom/10 Bathroom home in Palos Verdes Estates is priced at $10,990,000 ($970/PSF) . The 11,332 sqft. Single Family Residence residence was originally built in 1992 and was listed on March 4th, 2024 at $11,888,000, showing 53 Days on Market currently. Contact Dave Fratello today for more information or to go see 1420 Paseo La Cresta.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 5:50pm 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.