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1716 Addison Road

Palos Verdes Estates, 90274

5 Bd
4 Ba
3,619 Sqft
8,950 Lot
$4,800,000 SOLD Price | Closed 5/8/23
Closed Status
3 Days on Market
Apr 20 First Day Active
$4,300,000 Start Price

Description

Situated on a coveted street in highly desired lower Lunada Bay, this exquisite coastal Mediterranean estate, designed by renowned architect, Doug Leach, and custom built in 2009, offers unparalleled design and comfort with modern aesthetics. Excellent curb appeal with a beautifully landscaped spacious front courtyard highlighted with a decorative fountain.



This well-thought-out, open concept floor plan allows free flowing, stylish living, elegant entertaining, and multi-functional spaces. Upon entering the foyer, one is greeted with the gracious formal living and dining room to the right, and to the left a spacious guest suite with ensuite bathroom. The huge great room seamlessly integrates the family room with an impressive fireplace, and gourmet kitchen with top notch high-end stainless appliances and butler’s pantry, which is anchored by the large center island. The casual dining area leads to the gorgeous terraced rear yard.



In the upstairs living area, retreat to the beautiful owner’s suite, designed for ultimate relaxation and privacy, complete with a luxurious ensuite bathroom with dual vanities, jacuzzi spa tub, plus a substantial walk-in closet. Additionally, on the second floor, are two more spacious bedrooms, another luxurious full-sized bathroom, plus an executive office with an adjoining viewing deck (or 5th bedroom). Numerous notable features – see attached ‘Features Sheet’ in supplements.



Stunning, well-appointed, and private rear yard, beautifully designed hardscape and landscape, with multiple patios for quality everyday living and entertainment. Flow into the lower patio, just off the great room, to the sizable built-in seating surrounding a large firepit, creating a warm ambience to light up the night. Enjoy ocean and sunset views from the upper deck that boasts a generously sized outdoor kitchen, complete with imported Italian wood burning pizza oven, professional BBQ, sit-up bar and al fresco dining. Discover another level boasting a hidden lounge area.



California lifestyle at its best in this quintessential neighborhood, removed from hectic city life, yet with good on/off hill access! This idyllic location is priceless, with hiking trails and ocean bluffs - hike down to Bluff Cove for great surfing! Close to Lunada Bay Plaza for eateries, local market, hardware, liquor and pet stores, plus enjoy summer concerts in the park. Oh, and did I mention the home is just a short stroll to award winning Palos Verdes High School!

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Property Details for 1716 Addison Road

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Steve Smith
Listing Brokered By
Compass
Type
Residential, Single Family Residence
Year Built
2009 (Assessor)
MLS Area
160 - Lunada Bay/Margate

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
3 DOM
Combined DOM*
3
First Date Active
April 20th, 2023
Closing Date
May 8th, 2023
Sold Price
$4,800,000
Sold PPSF
$1,326
Orig. List Price
$4,300,000
MLS® #
PV23064212
APN
7541012021
Special
Standard

Home Interior Information

Levels/Stories
Two
Bedrooms
5
Total Baths
4
Full Baths
4
Int. Sqft.
3,619
Flooring
Stone, Wood
Heating
Forced Air, Fireplace(s), Wood
Cooling
Central Air
Appliances
6 Burner Stove, Built-In Range, Barbecue, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer, Water Purifier
Int. Features
Built-in Features, Balcony, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Wired for Sound, Bedroom on Main Level, Entrance Foyer, Multiple Primary Suites, Primary Suite, Walk-In Closet(s)
Fireplaces
Gas, Gas Starter, Great Room, Living Room, Primary Bedroom, Outside, Wood Burning
Windows
Custom Covering(s), Skylight(s)

Room Information

Laundry
LaundryRoom, UpperLevel

Exterior Information

Lot Description
Back Yard, Front Yard, Landscaped, Sprinklers Timer, Sprinkler System, Sloped Up
Lot Size (sq. ft.)
8,950
Lot Size (acres)
0.21
Roof
Spanish Tile
Security
ClosedCircuitCameras, CarbonMonoxideDetectors, SmokeDetectors
Pool
None
Parking Spaces
2
Garage Spaces
2

View, Style & Tour Information

View
Ocean, Peek-A-Boo
Style
Mediterranean

Utilities Information

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

Additional Information

Prop. Condition
Turnkey
Zoning
PVR1*
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

District
Palos Verdes Peninsula Unified
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Listing/Price History

1716 Addison Road, Palos Verdes Estates, (MLS® #PV23064212)

Date Details Price Change
Closed $4,800,000
Pending (from Active)
First Day Active $4,300,000
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Listing Summary

Quick Summary of 1716 Addison Road: This 5 Bedroom/4 Bathroom home in Palos Verdes Estates is priced at $4,300,000 ($1,188/PSF) . The 3,619 sqft. Single Family Residence residence was originally built in 2009 and was listed on April 20th, 2023 at $4,300,000, showing 3 Days on Market currently. Contact Dave Fratello today for more information or to go see 1716 Addison Road.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 23rd, 2024 at 6:50pm 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.