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1502 Paseo La Cresta

Palos Verdes Estates, 90274

6 Bd
6 Ba
7,556 Sqft
31,236 Lot
$7,995,000 Current Price
Active Status
72 Days on Market
Feb 16 First Day Active
$8,500,000 Start Price

Description

In Montemalaga’s most prestigious enclave, where true wealth is measured by elegance & enduring quality, this ocean-view tennis estate stands as a testament to timeless grandeur. Behind private gates, a sweeping drive leads to a supreme masterpiece. Step into the grand foyer - framed by a double spiral staircase and domed skylight - sets the tone for a home built with precision and artistry. The formal living room, with its luxuriant wood floors, soaring windows framing the Pacific, and an ornately carved fireplace, exudes refinement. A formal dining room, anchored by a cozy fireplace, showcases thick moldings, stone flooring & built-in cabinetry -designed to entertain with grace. The kitchen is a chef’s sanctuary, centered around a commanding island and include a casual dining area. Every element, from the oversized Sub-Zero refrigerator to the Viking range and trio of Thermador ovens, speaks to a commitment to excellence. A sunlit breakfast room opens to the backyard, while the adjacent family room offers seamless access to a fire pit lounge and an outdoor BBQ and bar. A main floor guest suite ensures visitors experience both hospitality and seclusion. ON THE UPPER LEVEL, the primary suite is an opulent sanctuary, boasting breathtaking ocean views, a grand fireplace, private balcony, a Hollywood-inspired closet, and an adjoining office/bedroom suite. The spa-like bath features a deep soaking tub & steam sauna shower. Additional bedrooms, each impeccably appointed, provide comfort without ostentation. For the true connoisseur of leisure, the estate offers an entertainment room with a wet bar, coffered ceiling & a concealed drop-down screen, all framed by sweeping ocean vistas. A wine room, adorned with rich wood cabinets, paneling and a pool table, offers the perfect setting to savor the finest vintages. Outdoors, resort-like amenities abound: a saltwater pool & spa, multiple lounge areas, fireplace, heat lamps & fountain, and an outdoor BBQ/bar/dining area unfold in effortless sophistication. The championship tennis court, recently resurfaced, features a viewing terrace against an endless ocean horizon. Winding, lighted pathways lead through hidden vegetable gardens, offering a quiet homage to a life well-lived. With rich wood floors, handcrafted cabinetry, 6 fireplaces, arched doorways & intricate stonework, this estate is a statement of timeless grandeur—a rare opportunity to own a true legacy of refinement and grace.

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Property Details for 1502 Paseo La Cresta

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Stephen Haw
Listing Brokered By
Keller Williams Palos Verdes
Type
Residential, Single Family Residence
Year Built
2000 (Assessor)
MLS Area
162 - Monte Malaga

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
72 DOM
Combined DOM*
72
First Date Active
February 16th, 2025
Current Price
$7,995,000
Current PPSF
$1,058
Orig. List Price
$8,500,000
MLS® #
PV25020681
APN
7544022016
Special
Standard

Home Interior Information

Levels/Stories
Two
Bedrooms
6
Total Baths
6
Full Baths
5
Half Baths
1
Int. Sqft.
7,556
Flooring
Tile, Wood, Stone
Heating
Central, Zoned
Cooling
Central Air
Appliances
Barbecue, Convection Oven, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Water Heater, Built-In Range, Hot Water Circulator, Indoor Grill, Self Cleaning Oven, SixBurnerStove, Warming Drawer, Water Purifier, Water To Refrigerator
Int. Features
Wet Bar, Built-in Features, Breakfast Area, Cathedral Ceiling(s), Granite Counters, High Ceilings, In-Law Floorplan, Pantry, Recessed Lighting, Balcony, Breakfast Bar, Central Vacuum, Coffered Ceiling(s), Crown Molding, Living Room Deck Attached, Multiple Staircases, Paneling/Wainscoting, Separate/Formal Dining Room, Stone Counters, Sunken Living Room, Two Story Ceilings
Fireplaces
Family Room, Living Room, Dining Room, Outside, Primary Bedroom
Windows
Double Pane Windows, Casement Window(s), Custom Covering(s), Drapes, Skylight(s)

Room Information

Room Type
Formal Entry, Foyer, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Separate Family Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
Eating Area
Breakfast Counter / Bar, Breakfast Nook, Dining Ell, Dining Room
Laundry
ElectricDryerHookup, GasDryerHookup, LaundryRoom, UpperLevel
Kitchen Features
Butler's Pantry, Granite Counters, Kitchen Island, Kitchen Open to Family Room, Pots & Pan Drawers, Utility sink, Walk-In Pantry
Bathroom Features
Bathtub, Bidet, Shower, Shower in Tub, Double sinks in bath(s), Double Sinks in Primary Bath, Dual shower heads (or Multiple), Exhaust fan(s), Granite Counters, Hollywood Bathroom (Jack&Jill), Jetted Tub, Linen Closet/Storage, Main Floor Full Bath, Privacy toilet door, Separate tub and shower, Stone Counters, Vanity area

Exterior Information

Lot Description
Back Yard, Front Yard, Garden, Landscaped
Lot Size (sq. ft.)
31,236
Lot Size (acres)
0.72
Roof
Tile
Security
Prewired, ClosedCircuitCameras, CarbonMonoxideDetectors, SecurityGate, SmokeDetectors
Pool
Heated, In Ground, Private, Salt Water
Parking Spaces
3
Garage Spaces
3

View, Style & Tour Information

View
Ocean, Panoramic, Park/Greenbelt
Virtual Tour 1
https://1502PaseoLaCresta.com

Utilities Information

Utilities
Water Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Water Source
Public

Additional Information

Zoning
PVR1YY

* 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

Elementary
Montemalaga
Middle
Palos Verdes
High
Peninsula
District
Palos Verdes Peninsula Unified
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Listing/Price History

1502 Paseo La Cresta, Palos Verdes Estates, (MLS® #PV25020681)

Date Details Price Change
Price Reduced (from $8,500,000) $7,995,000 $505,000 (5.94%)
First Day Active $8,500,000
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Listing Summary

Quick Summary of 1502 Paseo La Cresta: This 6 Bedroom/6 Bathroom home in Palos Verdes Estates is priced at $7,995,000 ($1,058/PSF) . The 7,556 sqft. Single Family Residence residence was originally built in 2000 and was listed on February 16th, 2025 at $8,500,000, showing 72 Days on Market currently. The nearest elementary school is Montemalaga and the local high school is Peninsula . Contact Dave Fratello today for more information or to go see 1502 Paseo La Cresta.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 30th, 2025 at 6:50am 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.