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2521 Novato Place

Palos Verdes Estates, 90274

3 Bd
3 Ba
3,586 Sqft
65,179 Lot
$6,630,000 Current Price
Active Status
48 Days on Market
Apr 30 First Day Active
$6,630,000 Start Price

Description

A sprawling custom-built home on an exceptional property with breathtaking views is being offered in the prestigious Montemalaga area of Palos Verdes Estates! It features a large living room, a round brick castle tower room, three bedrooms (actually four… one is a walkthrough that could be used as an art studio or nursery etc..), three baths, a split-level office/den over a wet bar, two dining areas and a separate entertainment/bonus room. This single-story ranch-style residence has remarkable brick and woodwork construction. Outside, there is a pool, built-in grill, and patio that shares the view. All this sits at the end of a cul-de-sac, giving it great privacy. A large circular driveway brings you up to a three-car garage with a workspace and plenty of parking. This lot is extremely rare and unique. It is over 65,000 square feet, almost 1.5 acres, allowing one to build a large footprint new construction home if desired. Another reason to purchase this property is simply the view! Amazing and unblocked, this view looks at the Queen’s Necklace, downtown Los Angeles and the So-fi center, and the coastline from Redondo up toward Malibu and further west and all the way back across to Long Beach and further to the east with mountains in the distance. This area is desirable for many reasons: schools, safety, areas like Malaga Cove and the beach nearby, access to the LA basin, and fine living. Come see this once-in-a-lifetime opportunity!

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Property Details for 2521 Novato Place

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Kurt Steffien
Listing Brokered By
Realty Discount Corporation
Type
Residential, Single Family Residence
Year Built
1955 (Assessor)
MLS Area
162 - Monte Malaga

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
48 DOM
Combined DOM*
48
First Date Active
April 30th, 2024
Current Price
$6,630,000
Current PPSF
$1,849
Orig. List Price
$6,630,000
MLS® #
OC24084799
APN
7545014009
Special
Trust

Home Interior Information

Levels/Stories
One
Bedrooms
3
Total Baths
3
Full Baths
1
Int. Sqft.
3,586
Flooring
Carpet, Vinyl
Heating
Central, Fireplace(s), Natural Gas, See Remarks
Cooling
None
Appliances
Dishwasher, Disposal, Built-In Range, Dryer, Electric Oven, Electric Range, Gas Water Heater, Washer, Water Heater
Int. Features
Wet Bar, Built-in Features, Brick Walls, High Ceilings, Pantry, Bar, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Storage, Workshop
Fireplaces
Family Room, Outside

Room Information

Room Type
All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Office, Sun, Workshop
Eating Area
Area, Dining Room
Laundry
WasherHookup, LaundryRoom
Bathroom Features
Bathtub, Shower, Closet in bathroom, Main Floor Full Bath

Exterior Information

Lot Description
Back Yard, Cul-De-Sac, Value In Land, Yard
Lot Size (sq. ft.)
65,179
Lot Size (acres)
1.50
Roof
Wood
Security
CarbonMonoxideDetectors
Pool
Private, Diving Board, Indoor
Parking Spaces
5
Garage Spaces
3

View, Style & Tour Information

View
City Lights, Coastline, Panoramic
Style
Ranch

Utilities Information

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

Additional Information

Zoning
PVR1*

* 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

District
Palos Verdes Peninsula Unified
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Listing/Price History

2521 Novato Place, Palos Verdes Estates, (MLS® #OC24084799)

Date Details Price Change
First Day Active $6,630,000
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Listing Summary

Quick Summary of 2521 Novato Place: This 3 Bedroom/3 Bathroom home in Palos Verdes Estates is priced at $6,630,000 ($1,849/PSF) . The 3,586 sqft. Single Family Residence residence was originally built in 1955 and was listed on April 30th, 2024 at $6,630,000, showing 48 Days on Market currently. Contact Dave Fratello today for more information or to go see 2521 Novato Place.

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Based on information from California Regional Multiple Listing Service, Inc. as of June 17th, 2024 at 4:55pm 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.