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2 Pine Tree Lane

Rolling Hills, 90274

7 Bd
8 Ba
11,686 Sqft
114,608 Lot
$7,995,000 Current Price
Active Status
181 Days on Market
Nov 7 First Day Active
$9,750,000 Start Price

Description

Rare, unique, once-in-a-decade opportunity to purchase a prime residence the gated community of Rolling Hills and either finish the remodeling that was started, with over $1,000,000 in paid-for-and-purchased finishes, fixtures, cabinets, appliances, doors, and miscellaneous inventory OR use some of what's already here and customize to suit specific wants and needs. Either way, it's the greatest gift to be offered this season in the Rolling Hills real estate landscape. And what a site! This unfinished 7BR/6BA 11,686 sq.ft. 2-story (which is "grandfathered," but no others will be allowed to be built in the Community) Ranch-style home is bursting with unobstructed views of the Pacific Ocean, The Queen's Necklace coastline up to Malibu and even downtown Los Angeles' sparkling skyline. Also outside is a knife's edge infinity lap pool, bubbling spa, pickle ball court, croquet/sports lawn, and meandering pathways through the 2.63 acre (114,584 sq.ft.) lot. A circular motor court provides party-scale parking off-street. And if you aren't spent after doing laps, beating your pickle ball opponents, and hiking around your own park-like grounds, head inside for a regulation sized round of racquetball in air-conditioned comfort. Existing plans for the interiors include a home theater, gym, grand primary suite with a spa-like bathroom and boutique-sized walk-in closet. Architectural plans and HOA approvals are ready to be passed along. Specs on plumbing, lighting, cabinets, appliances, and finishes are all available - and the vast majority of items are already purchased and on-site. Spreadsheets and inventory lists can be made available to buyers who provide listing agent proof of funds to close. Rolling Hills, originally conceived by developer A. E. Hinton who headed the Palisades Development Co. Hinton once said, "Open space is an irreplaceable asset." And on over 2.5 acres, it couldn't be more true than at 2 Pine Tree Lane. Bring your contractor and get started today!

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Property Details for 2 Pine Tree Lane

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Jeff Yarbrough
Listing Brokered By
Keller Williams Beverly Hills
Type
Residential, Single Family Residence
Year Built
1985 (Assessor)
MLS Area
166 - Rolling Hills

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
181 DOM
Combined DOM*
181
First Date Active
November 7th, 2023
Current Price
$7,995,000
Current PPSF
$684
Orig. List Price
$9,750,000
HOA Fee
$14,500 - Annually
MLS® #
23327895
APN
7569012018
Special
Standard

Home Interior Information

Levels/Stories
Two
Bedrooms
7
Total Baths
8
Full Baths
6
Half Baths
2
Int. Sqft.
11,686
Int. Features
Walk-In Closet(s), Walk-In Pantry
Fireplaces
Family Room, Living Room, Primary Bedroom

Room Information

Room Type
Primary Bathroom, Living Room, Home Theatre, Entry, Family Room, Walk-In Closet, Walk-In Pantry, Basement, Office
Laundry
LaundryRoom

Exterior Information

Lot Size (sq. ft.)
114,608
Lot Size (acres)
2.63
Pool
Heated, Infinity, Waterfall
Parking Spaces
9
Garage Spaces
4

View, Style & Tour Information

View
City Lights, Coastline, Hills
Style
Ranch

Additional Information

Prop. Condition
UnderConstruction
Zoning
RHRAS2*
Buyer's Brokerage Fee
2.500
Inclusions
$1, 000, 000+ of pre-paid materials.

* 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
166 - Rolling Hills
City/State
Rolling Hills
Zip Code
90274
County
Los Angeles
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School Information

District
Palos Verdes Peninsula Unified
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Listing/Price History

2 Pine Tree Lane, Rolling Hills, (MLS® #23327895)

Date Details Price Change
Active
Price Reduced (from $8,995,000) $7,995,000 $1,000,000 (11.12%)
Active Under Contract (from Active)
Price Reduced $8,995,000 $755,000 (7.74%)
First Day Active $9,750,000
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Listing Summary

Quick Summary of 2 Pine Tree Lane: This 7 Bedroom/8 Bathroom home in Rolling Hills is priced at $7,995,000 ($684/PSF) . The 11,686 sqft. Single Family Residence residence was originally built in 1985 and was listed on November 7th, 2023 at $9,750,000, showing 181 Days on Market currently. Contact Dave Fratello today for more information or to go see 2 Pine Tree Lane.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 6th, 2024 at 2:10am 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.