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505 Via Media

Palos Verdes Estates, CA 90274

3 Bd
2 Ba
2,029 Sqft
7,127 Lot
$2,950,000 Current Price
Active Status
42 Days on Market
Apr 18 First Day Active
$2,950,000 Start Price

Description

This property boasts an A+ location in Palos Verdes Estates, making it highly desirable. Located in the coveted neighborhood of lower Malaga Cove, with stunning ocean, coastline, and queen's necklace views. The current home features three bedrooms, two bathrooms, and beautiful hardwood floors. The spacious living room includes a cozy fireplace, perfect for entertaining guests. The property also features a private and unique courtyard patio in the front and a grassy rear yard, offering ample space for outdoor activities. It has a two-car garage with tons of storage space and parking for four more cars in the private driveway. The attached supplement shows a preliminary new floor plan that adds 980 square feet to the existing footprint with just two minor exterior changes - a bay window and a larger living room balcony. This gives the reimage space an additional 4th bedroom and additional family room, creates a new home office space, and adds two more bathrooms making the home a four-bedroom plus office, three-and-a-half bath property with a total of approximately 3,000 sq. ft. once remodeled. There is also the potential to add even more square footage if desired. While these are preliminary plans, they offer a glimpse into this property's possibilities. Beyond the property itself, the location provides easy access to a range of amenities. You can enjoy a nice walk to the beach, world-famous surf spots, the Palos Verdes Beach Club, the Neighborhood Church, the historic Malaga Cove Plaza Shops, restaurants, outstanding Schools & beautiful parks. Overall, this property offers an incredible opportunity to own a home in a highly sought-after location with plenty of potential for expansion and personalization. Experience a new lifestyle, to live, live by the sea.

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Property Details for 505 Via Media

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Justin Miller
Listing Brokered By
Beach City Brokers
Type
Residential, Single Family Residence
Year Built
1953 (Estimated)
MLS Area
163 - Malaga Cove

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
42 DOM
Combined DOM*
42
First Date Active
April 18th, 2023
Current Price
$2,950,000
Current PPSF
$1,454
Orig. List Price
$2,950,000
MLS® #
SB23064520
APN
7540006008
Special
Standard

Home Interior Information

Levels/Stories
One
Bedrooms
3
Total Baths
2
Full Baths
2
Int. Sqft.
2,029
Heating
Central
Cooling
None
Fireplaces
Living Room

Room Information

Room Type
See Remarks
Laundry
LaundryCloset

Exterior Information

Lot Description
Front Yard, Yard
Lot Size (sq. ft.)
7,127
Lot Size (acres)
0.16
Roof
Spanish Tile
Pool
None
Parking Spaces
6
Garage Spaces
2

View, Style & Tour Information

View
Neighborhood, Coastline, Ocean, Water

Utilities Information

Water Source
Public

Additional Information

Zoning
PVR1*
Buyer's Brokerage Fee
2.500
Inclusions
TBD
Exclusions
TBD

* 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
Palos Verdes Estates
Zip Code
90274
County
Los Angeles
# of Units
1
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School Information

Elementary
Montemalaga
Middle
Palos Verdes
High
Palos Verdes
District
Palos Verdes Peninsula Unified
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Listing/Price History

505 Via Media, Palos Verdes Estates, CA (MLS® #SB23064520)

Date Details Price Change
First Day Active $2,950,000
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Listing Summary

Quick Summary of 505 Via Media: This 3 Bedroom/2 Bathroom home in Palos Verdes Estates is priced at $2,950,000 ($1,454/PSF) . The 2,029 sqft. Single Family Residence residence was originally built in 1953 and was listed on April 18th, 2023 at $2,950,000, showing 42 Days on Market currently. The nearest elementary school is Montemalaga and the local high school is Palos Verdes . Contact Dave Fratello today for more information or to go see 505 Via Media.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 30th, 2023 at 6:01pm 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.