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5 Yellow Brick Road

Rancho Palos Verdes, 90275

4 Bd
4 Ba
3,884 Sqft
20,440 Lot
$2,950,000 Current Price
Active Status
17 Days on Market
Apr 15 First Day Active
$3,250,000 Start Price

Description

Welcome to 5 Yellow Brick Road, where the allure of a magical and classic street on a private cul-de-sac meets the potential for your dream home! This property offers an enticing prospect for individuals seeking vast potential to embark on a project aimed at revitalization and restoration. Situated on an expansive lot spanning over 20,000 square feet, with 3,884 square feet of living space, it provides ample room for creative endeavors and transformation. Although this home will require extensive updating and repairs, its prime location and impressive features make it a unique opportunity in Rancho Palos Verdes. The main level showcases a primary suite with fireplace, walk-in closet, as well as a deck that provides stunning views of the award winning 18 hole Palos Verdes Golf Club and ocean. The spacious kitchen and eating area also boast a deck with more captivating dual views of the ocean and golf course, creating a perfect setting for enjoying meals and entertaining guests. The main level is completed by a formal dining room, an open living room with a fireplace, and another deck that offers expansive views of the picturesque golf course surroundings. The lower level of the home offers additional living space ideal for leisure and entertainment. Here, you'll find a family/game room equipped with a pool table, a bar area, three bedrooms, laundry room, and another cozy fireplace. There are plenty of storage areas available throughout the home, guaranteeing tidy organization and effortless access to your belongings.Convenience is key with a three-car garage providing extra parking in the driveway and additional storage options. Outside, the property is adorned with lush landscaping featuring mature fruit trees, adding a touch of natural beauty to the surroundings. Embrace the opportunity to transform 5 Yellow Brick Road into your ideal living space. It’s your canvas for creating a personalized oasis in Rancho Palos Verdes.

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Property Details for 5 Yellow Brick Road

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Sheri Fejeran
Listing Brokered By
Palm Realty Boutique, Inc.
Type
Residential, Single Family Residence
Year Built
1980 (Assessor)
MLS Area
163 - Malaga Cove

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
17 DOM
Combined DOM*
17
First Date Active
April 15th, 2024
Current Price
$2,950,000
Current PPSF
$760
Orig. List Price
$3,250,000
MLS® #
SB24074359
APN
7546022016
Special
Trust

Home Interior Information

Levels/Stories
Two
Bedrooms
4
Total Baths
4
Full Baths
3
Half Baths
1
Int. Sqft.
3,884
Flooring
Carpet, Wood
Heating
Central
Cooling
None
Appliances
Dryer, Washer, Dishwasher, Disposal, Double Oven, Electric Cooktop
Int. Features
Main Level Primary, Bar, Dressing Area, Living Room Deck Attached, Multiple Primary Suites, Primary Suite, Storage, Utility Room, Walk-In Closet(s)
Fireplaces
Family Room, Den, Living Room, Primary Bedroom, Recreation Room

Room Information

Room Type
Den, Dressing Area, Entry, Family Room, Game Room, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Primary Suite, Multi-Level Bedroom, Separate Family Room, Two Primaries, Utility Room, Walk-In Closet
Eating Area
Breakfast Counter / Bar, Dining Room, Separated
Laundry
Inside, LaundryRoom
Bathroom Features
Main Floor Full Bath

Exterior Information

Lot Description
Cul-De-Sac, Garden, Landscaped, Sloped Down
Lot Size (sq. ft.)
20,440
Lot Size (acres)
0.47
Roof
Tile
Pool
None
Parking Spaces
3
Garage Spaces
3

View, Style & Tour Information

View
City Lights, Golf Course, Ocean

Utilities Information

Water Source
Public

Additional Information

Prop. Condition
Fixer, RepairsMajor
Buyer's Brokerage Fee
2.000
Co-Agent
Jennifer Farrell
Co-Agent Office
Palm Realty Boutique

* 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
163 - Malaga Cove
City/State
Rancho Palos Verdes
Zip Code
90275
County
Los Angeles
# of Units
1
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School Information

District
Palos Verdes Peninsula Unified
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Listing/Price History

5 Yellow Brick Road, Rancho Palos Verdes, (MLS® #SB24074359)

Date Details Price Change
Price Reduced (from $3,250,000) $2,950,000 $300,000 (9.23%)
First Day Active $3,250,000
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Listing Summary

Quick Summary of 5 Yellow Brick Road: This 4 Bedroom/4 Bathroom home in Rancho Palos Verdes is priced at $2,950,000 ($760/PSF) . The 3,884 sqft. Single Family Residence residence was originally built in 1980 and was listed on April 15th, 2024 at $3,250,000, showing 17 Days on Market currently. Contact Dave Fratello today for more information or to go see 5 Yellow Brick Road.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 12:50pm 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.