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1701 Margate

Palos Verdes Estates, 90274

3 Bd
2 Ba
1,569 Sqft
4,278 Lot
$2,000,000 SOLD Price | Closed 9/19/23
Closed Status
8 Days on Market
Jul 11 First Day Active
$1,930,000 Start Price

Description

Welcome to a wonderful lower Lunada Bay property and experience coastal living at its finest. Situated only 4 walking blocks to the majestic ocean cliffs and enchanting miles of hiking trails with views. Nestled in a cul-de-sac surrounded by mature trees with a peek a boo ocean views from the front lawn. This home showcases impeccable craftsmanship that was recently thoroughly reimagined. Upon entering, you will be captivated by the spacious and inviting interior with  newer hardwood floors, led lighting and more updates throughout. The open floor plan creates a harmonious flow that is perfect for both comfortable living and entertaining. Natural light cascades to brighten through the large, sound deterring double pane windows, single level, 3 bedroom, 2 full bathroom home, with newer HVAC A/C, heater, plumbing and updated kitchen. The gourmet kitchen is a chef's delight, featuring high-end appliances, a Wolf 6 Burner stove/oven, ample quartz countertops that culinary masterpieces can be created, wood cabinetry and a barn sink. Adjacent to the kitchen is the dining area with indoor outdoor access, perfect for outdoor grilling while soaking in the sun. This residence boasts multiple living areas, including a gracious family room with a fireplace, providing the perfect setting for intimate gatherings or larger social events. The sophisticated finishes and attention to detail throughout the home truly elevate the living experience.

The generous master suite is a private retreat, offering a tranquil haven to unwind and relax. It features a luxurious en-suite bathroom, complete with updated styles and designer tiles,  a walk-in shower, and a vanity. Additional bedrooms are well-appointed to offer ample space for family or guests.

One of the standout features of this property is its exceptional outdoor front space. Step outside onto the sprawling grass area, where you can enjoy the year-round temperate climate, entertain guests, or simply bask in breathtaking surroundings with a peek a boo ocean views. 

This residence allows for an active and outdoor lifestyle. Take a leisurely stroll down the beautiful streets 4 blocks walk to the cliffs overlooking the ocean. Nearby access to A+  public and private schools, fine dining establishments, shopping, close to freeways. Making it ideal to make a home.

Don't miss the opportunity to own this remarkable property that combines luxury, coastal living, and convenience. Experience the best of Palos Verdes Estates.

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Property Details for 1701 Margate

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Luis Gonzalez
Listing Brokered By
Vista Sotheby’s International Realty
Type
Residential, Single Family Residence
Year Built
1957 (Assessor)
MLS Area
160 - Lunada Bay/Margate

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
8 DOM
Combined DOM*
8
First Date Active
July 11th, 2023
Closing Date
September 19th, 2023
Sold Price
$2,000,000
Sold PPSF
$1,275
Orig. List Price
$1,930,000
MLS® #
SB23118389
APN
7541012023
Special
Standard

Home Interior Information

Levels/Stories
One
Bedrooms
3
Total Baths
2
Full Baths
2
Int. Sqft.
1,569
Flooring
Wood
Heating
Central
Cooling
Central Air
Appliances
6 Burner Stove, Dishwasher, Disposal, Gas Range, Water Heater
Int. Features
Ceiling Fan(s), Quartz Counters, All Bedrooms Down, Primary Suite
Fireplaces
Family Room
Windows
Double Pane Windows, Wood Frames

Room Information

Laundry
WasherHookup, ElectricDryerHookup, GasDryerHookup

Exterior Information

Lot Description
0-1 Unit/Acre, Corner Lot, Cul-De-Sac, Sprinklers In Front, Landscaped, Sprinklers Timer, Sprinkler System, Street Level, Walkstreet, Yard
Lot Size (sq. ft.)
4,278
Lot Size (acres)
0.10
Roof
Tile
Security
CarbonMonoxideDetectors, SmokeDetectors
Pool
None
Parking Spaces
2
Garage Spaces
2

View, Style & Tour Information

View
Peek-A-Boo
Style
Traditional, Patio Home

Utilities Information

Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Electric
Standard
Water Source
Public

Additional Information

Prop. Condition
Turnkey
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
160 - Lunada Bay/Margate
City/State
Palos Verdes Estates
Zip Code
90274
County
Los Angeles
# of Units
1
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School Information

Elementary
Lunada Bay
High
Palos Verdes
District
Palos Verdes Peninsula Unified
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Listing/Price History

1701 Margate, Palos Verdes Estates, (MLS® #SB23118389)

Date Details Price Change
Closed $2,000,000
Pending (from Active)
First Day Active $1,930,000
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Listing Summary

Quick Summary of 1701 Margate: This 3 Bedroom/2 Bathroom home in Palos Verdes Estates is priced at $1,930,000 ($1,230/PSF) . The 1,569 sqft. Single Family Residence residence was originally built in 1957 and was listed on July 11th, 2023 at $1,930,000, showing 8 Days on Market currently. The nearest elementary school is Lunada Bay and the local high school is Palos Verdes . Contact Dave Fratello today for more information or to go see 1701 Margate.

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Based on information from California Regional Multiple Listing Service, Inc. as of February 22nd, 2024 at 9:40am PST. 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.