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2 Possum Ridge Road

Rolling Hills, 90274

2 Bd
2 Ba
2,016 Sqft
207,567 Lot
$5,200,000 SOLD Price | Closed 9/1/23
Closed Status
3 Days on Market
Aug 21 First Day Active
$5,999,000 Start Price

Description

Introducing a once-in-a-lifetime opportunity: 2 Possum Ridge Rolling Hills. This remarkable property, situated on an expansive 4.7-acre lot, captivates with its sweeping vistas and unlimited potential. For the first time in an astounding 74 years, this coveted estate is ready to welcome a new chapter in its storied history.



Perched high above the city, the property offers an awe-inspiring panorama that includes the dynamic skyline of downtown Los Angeles and the serene ocean views of the Redondo Beach Queens Necklace. Imagine waking up to the golden glow of sunrise over the city and winding down with the gentle hues of a Pacific sunset—each day a masterpiece of nature's canvas.



At the heart of this estate is a charming 2-bedroom, 2-bathroom, 2,016 square foot home—a testament to its enduring legacy. Alternatively, for those with a vision of their dream home, this property provides a rare opportunity to create a custom masterpiece. Whether you choose to craft a new architectural marvel or reimagine the existing residence, the canvas is yours to shape.



A spacious 6-car parking garage effortlessly accommodates vehicles, reflecting the lifestyle of comfort and convenience that defines this estate. Additionally, a two-story barn stable stands ready to accommodate equestrian pursuits or provide a canvas for creative possibilities.



Positioned in the coveted enclave of Rolling Hills, this property offers privacy and tranquility while maintaining accessibility to the vibrant city and coastal destinations. Seize the moment to own a piece of history and craft a future filled with boundless promise.



Embark on a journey of imagination, where the scenic views and abundant space set the stage for your aspirations. Whether you're drawn to the allure of the existing residence or inspired to create a visionary new abode, 2 Possum Ridge Rolling Hills is more than a property—it's a canvas for the life you've always dreamed of.

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Property Details for 2 Possum Ridge Road

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Daniel Assayag
Listing Brokered By
Vista Sotheby’s International Realty
Type
Residential, Single Family Residence
Year Built
1949 (Assessor)
MLS Area
166 - Rolling Hills

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
3 DOM
Combined DOM*
3
First Date Active
August 21st, 2023
Closing Date
September 1st, 2023
Sold Price
$5,200,000
Sold PPSF
$2,579
Orig. List Price
$5,999,000
HOA Fee
$13,000 - Annually
MLS® #
SB23155894
APN
7569009008
Special
Standard

Home Interior Information

Levels/Stories
One
Bedrooms
2
Total Baths
2
Full Baths
2
Int. Sqft.
2,016
Flooring
Wood
Heating
Central
Cooling
None
Appliances
Built-In Range
Int. Features
High Ceilings, Open Floorplan, Pantry
Fireplaces
Family Room

Room Information

Laundry
Inside, LaundryRoom

Exterior Information

Lot Description
2-5 Units/Acre, Horse Property
Lot Size (sq. ft.)
207,567
Lot Size (acres)
4.77
Pool
None
Parking Spaces
16
Garage Spaces
6

View, Style & Tour Information

View
City Lights, Coastline, Hills, Ocean

Utilities Information

Water Source
Public

Additional Information

Zoning
RHRAS2*
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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Get directions to this property:

Neighborhood Information

MLS Area
166 - Rolling Hills
City/State
Rolling Hills
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

2 Possum Ridge Road, Rolling Hills, (MLS® #SB23155894)

Date Details Price Change
Closed $5,200,000
Pending (from Active)
First Day Active $5,999,000
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Listing Summary

Quick Summary of 2 Possum Ridge Road: This 2 Bedroom/2 Bathroom home in Rolling Hills is priced at $5,999,000 ($2,976/PSF) . The 2,016 sqft. Single Family Residence residence was originally built in 1949 and was listed on August 21st, 2023 at $5,999,000, showing 3 Days on Market currently. Contact Dave Fratello today for more information or to go see 2 Possum Ridge Road.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 5th, 2024 at 11:20pm 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.