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53 Marguerite Drive

Rancho Palos Verdes, 90275

7 Bd
9 Ba
8,055 Sqft
43,891 Lot
$8,750,000 SOLD Price | Closed 10/16/23
Closed Status
64 Days on Market
Jun 5 First Day Active
$9,500,000 Start Price

Description

Experience the epitome of sophisticated elegance as you step into this breathtaking ocean front Italian Villa private gated estate. Perched high on a bluff, it commands panoramic views of the Pacific Ocean, stretching from Catalina to Malibu, offering a visual spectacle that few properties in California can rival. Indulge in the unparalleled luxury of having your own private access to a pristine beach area, where you can explore the captivating tide pools and bask in the serenity of the coastal surroundings. Spanning over 8,055 square feet of meticulously designed living space, this magnificent residence boasts seven bedrooms and eight and a half baths. Situated on an expansive lot of over one acre, the meticulously maintained grounds provide a picturesque backdrop for this exquisite property. The gourmet kitchen is a culinary enthusiast's dream, featuring a center island cooktop, state-of-the-art appliances, and a charming eating nook with a hand-painted ceiling. The large formal dining room, adorned with French doors that open to the outdoors, offers a truly enchanting dining experience with breathtaking views as your backdrop. The formal living room, complete with a dramatic stone fireplace and French doors, seamlessly blends the indoor and outdoor spaces, creating the perfect setting for sophisticated entertaining. The luxury master suite is a haven of tranquility, boasting a romantic fireplace, a spacious sitting area overlooking the ocean, and his and hers baths and walk-in closets. Every detail has been carefully considered to create a sanctuary of utmost comfort and opulence. The outdoor oasis is an absolute dream, featuring a beautiful pool and spa where you can unwind and soak up the California sunshine. A guest house with a separate living room area ensures privacy and convenience for visitors. Indulge in the ultimate entertainment experience with a media room, wine cellar, and library, each meticulously designed with impeccable finishes. This extraordinary estate offers a lifestyle beyond compare. With its awe-inspiring ocean views, luxurious amenities, and impeccable attention to detail, it presents a picture-perfect haven where refined living and coastal beauty harmoniously converge.

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Property Details for 53 Marguerite Drive

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Suzanne Dyer
Listing Brokered By
Strand Hill Properties
Type
Residential, Single Family Residence
Year Built
1991 (Assessor)
MLS Area
170 - West Palos Verdes

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
64 DOM
Combined DOM*
64
First Date Active
June 5th, 2023
Closing Date
October 16th, 2023
Sold Price
$8,750,000
Sold PPSF
$1,086
Orig. List Price
$9,500,000
HOA Fee
$290 - Monthly
MLS® #
PV23097902
APN
7582002007
Special
Trust

Home Interior Information

Levels/Stories
Three Or More
Bedrooms
7
Total Baths
9
Full Baths
8
Half Baths
1
Int. Sqft.
8,055
Flooring
Wood
Heating
Central
Cooling
Central Air
Appliances
Double Oven, Dishwasher, Disposal, Refrigerator
Int. Features
Built-in Features, Balcony, Cathedral Ceiling(s), High Ceilings, Multiple Staircases, Open Floorplan, Dressing Area, Primary Suite, Utility Room, Walk-In Pantry, Wine Cellar, Walk-In Closet(s)
Fireplaces
Living Room, Primary Bedroom

Room Information

Laundry
LaundryRoom

Exterior Information

Lot Description
Bluff, Back Yard, Front Yard, Lawn, Lot Over 40000 Sqft, Landscaped, Sprinkler System, Yard
Lot Size (sq. ft.)
43,891
Lot Size (acres)
1.01
Pool
Private
Parking Spaces
3
Garage Spaces
3

View, Style & Tour Information

View
Bluff, Catalina, Coastline, Ocean, Panoramic
Style
Mediterranean

Utilities Information

Water Source
Public

Additional Information

Zoning
RPOH-RS1RPD
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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Neighborhood Information

MLS Area
170 - West Palos Verdes
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

53 Marguerite Drive, Rancho Palos Verdes, (MLS® #PV23097902)

Date Details Price Change
Closed $8,750,000
Pending
Active
Price Reduced (from $9,500,000) $8,999,999 $500,001 (5.26%)
Active Under Contract (from Active)
Show More (1)
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Listing Summary

Quick Summary of 53 Marguerite Drive: This 7 Bedroom/9 Bathroom home in Rancho Palos Verdes is priced at $8,999,999 ($1,117/PSF) . The 8,055 sqft. Single Family Residence residence was originally built in 1991 and was listed on June 5th, 2023 at $9,500,000, showing 64 Days on Market currently. Contact Dave Fratello today for more information or to go see 53 Marguerite Drive.

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Based on information from California Regional Multiple Listing Service, Inc. as of February 25th, 2024 at 4:40pm PST. 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.