385 Palos Verdes Drive

Palos Verdes Estates, CA 90274

$2,148,000

Status: Active Under Contract

  • 4Beds
  • 3Baths
  • 2,597SQ. Feet
  • 10,070Lot Sq. Ft.

REDUCED!!!!!How often does a SPECTACULAR Panoramic Ocean View Home in the highly sought after neighborhood of Lower Malaga Cove in Palos Verdes Estates come on the market??!!! Very rarely! It's the first time on the market in over 50 years! ......ONE LEVEL .....Here is your chance to own this Mid Century style home with 4 bedrooms, 2 baths and STRIKING VIEWS from nearly anywhere inside. A large patio greets you at the entrance and the large driveway provides parking for several vehicles. Once inside there are 180 degree Whitewater and Shoreline Views from Torrance Beach to Malibu. The main level provides a functional layout with two bedrooms on each side of the home and a central living room with Fireplace. Open Floor Plan Kitchen and Dining Room with Views. Every room features MAGNIFICENT OCEAN VIEWS. This outstanding home is situated on an almost flat LARGE 10,000+ Square Foot Lot with tremendous development potential. One of the very few double lots on the Drive and also uniquely set back from the street. The lower level with it's own separate entrance features a one bedroom apartment with fantastic views of the Queen Necklace and green fields of the beautiful park below!!! It is a perfect rental unit out of sight from the main home you don't even know it's there! Also, the large yard features many fruit bearing trees and fully landscaped! Come quick to see this great property and breathtaking view!!!

Key Info

  • TypeSingle Family
  • StatusActive Under Contract
  • Year Built1956
  • Days on Market96
  • Price$2,148,000
  • Price/Sqft$827
  • Date ListedFebruary 23rd, 2019
  • HOA Fees$0
  • MLS® #SB19027185

Interior

  • Square Footage2,597
  • Bedrooms4
  • Bathrooms3.00
  • Full Baths3
  • # of Stories1
  • HeatingCentral Furnace
  • CoolingNone
  • FireplacesLiving Room, Wood
  • Parking Spaces2
  • Garage Spaces2

School Info

  • DistrictPalos Verdes Peninsula Unified

Community Information

  • AreaMalaga Cove (163)
  • CityPalos Verdes Estates, CA
  • Zip Code90274
  • CountyLos Angeles

Exterior

  • StyleMid Century Modern
  • Lot Sq. Ft.10,070
  • PoolNone
  • ViewBay View, City Lights View, Coastline View, Neighborhood, Panoramic View, See Remarks, White Water View, Back Bay View

Listing Details

  • Listing AgentOrnella Green(01040068)
  • Listing OfficeColdwell Banker

Price Change History for 385 Palos Verdes Drive, Palos Verdes Estates, CA (MLS® #SB19027185)

Date Details Change
Status Changed from Pending to Active Under Contract
Status Changed from Active to Pending
Price Reduced from $2,299,000 to $2,148,000 $151,000 (6.57%)
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
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Based on information from California Regional Multiple Listing Service, Inc. as of June 18th, 2019 at 6:00pm 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.