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5800 Ocean Terrace Drive

Rancho Palos Verdes, 90275

5 Bd
6 Ba
3,930 Sqft
29,779 Lot
$3,600,000 SOLD Price | Closed 5/5/23
Closed Status
17 Days on Market
Mar 27 First Day Active
$3,399,000 Start Price

Description

FANTASTIC OPPORTUNITY to own a Gated Tennis Court and Ocean View Estate–Nestled in a cul-de-sac, this gated property offers great potential. Upon entering the home, the inviting layout features impressive high ceilings and an open floorplan, creating a bright and airy ambiance. Enjoy the ocean view from the main living areas. The expansive living room, bar, and formal dining room offer a seamless flow, making it perfect for entertaining. A functional kitchen with ample counter space and is adjacent to a spacious family room and breakfast/afternoon tea area. Located in a separate wing of the house is the master suite and library. The primary bedroom suited with a luxurious bath, two walk-in closets, sitting area with large picture windows, granting you a peaceful oasis. A short flight of stairs leads to another wing with three ensuite bedrooms. There is also a bonus room with a full bath that is next to the tennis court can be used as a guest room,which is not included in the square footage. With a tennis court and a pool, you can stay active while enjoying the sun and fresh ocean breeze. The yet to be developed landscaping in the backyard is a blank canvas that can be customized to your own preference. Priced to sell.

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Property Details for 5800 Ocean Terrace Drive

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Wendy Sun
Listing Brokered By
RE/MAX Estate Properties
Type
Residential, Single Family Residence
Year Built
1987 (Assessor)
MLS Area
172 - La Cresta

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
17 DOM
Combined DOM*
17
First Date Active
March 27th, 2023
Closing Date
May 5th, 2023
Sold Price
$3,600,000
Sold PPSF
$916
Orig. List Price
$3,399,000
MLS® #
PV23049241
APN
7581030013
Special
Standard

Home Interior Information

Levels/Stories
Two
Bedrooms
5
Total Baths
6
Full Baths
4
Half Baths
1
Int. Sqft.
3,930
Heating
Forced Air
Cooling
Central Air
Int. Features
Primary Suite, Walk-In Closet(s)
Fireplaces
Family Room, Living Room

Room Information

Laundry
Inside

Exterior Information

Lot Description
Cul-De-Sac
Lot Size (sq. ft.)
29,779
Lot Size (acres)
0.68
Pool
In Ground, Private
Parking Spaces
2
Garage Spaces
2

View, Style & Tour Information

View
Catalina, Ocean

Utilities Information

Water Source
Public

Additional Information

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
172 - La Cresta
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

5800 Ocean Terrace Drive, Rancho Palos Verdes, (MLS® #PV23049241)

Date Details Price Change
Closed $3,600,000
Active Under Contract (from Active)
First Day Active $3,399,000
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Listing Summary

Quick Summary of 5800 Ocean Terrace Drive: This 5 Bedroom/6 Bathroom home in Rancho Palos Verdes is priced at $3,399,000 ($865/PSF) . The 3,930 sqft. Single Family Residence residence was originally built in 1987 and was listed on March 27th, 2023 at $3,399,000, showing 17 Days on Market currently. Contact Dave Fratello today for more information or to go see 5800 Ocean Terrace Drive.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 26th, 2024 at 4:15pm 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.