2901 Via Alvarado, Palos Verdes Estates, CA 90274 | MLS #SB24009087 | Vista Sotheby’s International Realty
 
  • 88 days on site
  • 1 views

Massive almost 300k price drop on one of the rarest properties in Lunada Bay! This truly one of a kind estate is a canvas for both the current residence and the future luxurious home. The current homes is move in ready with 2,490 sqft and approved plans for 6,267 sqft house. The property is a retreat into a world of elegance, comfort, and awe-inspiring vistas, situated on one of PVE's largest and flat OCEAN/CATALINA VIEW LOT. Additional allure lies in the potential for these views to become even more magnificent with the approved plans for a large second story, and expanded first. Future homeowners will enjoy vast panoramic vistas of the ocean, creating a living experience defined by its breathtaking surroundings. Currently, the home sits move-in ready with stainless steel appliances, quartz countertops, and refinished pool with pebble tec. Live in and enjoy the home before you build or simply add on to the existing footprint! The new residence plans are for over 7,000 customizable sq ft. The future home, boasting a remarkable 6,267 sq ft of living space, is a testament to opulence and design. Additionally, the plans include a 1,260 sq ft workshop with 6 car garage, catering to an avid car collection or allowing room for various hobbies. This transformative potential makes 2901 Via Alvarado one of the most unique and desirable investments of the new year. The property's massive lot, a rarity in Palos Verdes Estates, offers both privacy and space. It includes a huge grass yard'over double the size for this neighborhood'with an abundance of room to entertain, plant a garden, add a pickleball court, or lounge by your beautiful pool. This property represents a unique opportunity: a beautiful, functional home today and the potential for a majestic, custom-designed residence tomorrow. It's a rare offering that combines present comfort with future grandeur, all set in a location known for its exclusivity and tranquility. It provides an exclusive lifestyle that blends indoor comfort with outdoor splendor. Living in Palos Verdes Estates means being part of a quiet, secluded, and affluent community, known for its amazing hiking trails, oceanfront beach club, historic golf and tennis clubs, and highly regarded public schools. This property is easy access to Terranea Resort, Golden Cove shopping center and Trump National Golf Club. If you plan on building from the start, the hard part has been completed for you. Break ground the day escrow closes.

Listed by:

Jensen Realty

Source: CRMLS, MLS#: SB24009087

  • Property Type
    Residential
  • Lot
    0.56 Acres
  • Price / Sq Ft
    $1,455

Get in Contact

Would you like to know more about this property? We’re here to help! Let’s connect and find what you’re looking for.

Vista Sotheby’s International Realty
  • Median Age
    51
  • Population Density
    1,890
  • College Educated
    81%
  • Estimated Median Monthly Income
    $181,776
  • Estimated Total Home Owners
    7,908
  • Estimated Total Renters
    985
  • Owner / Renter Divide
    89% / 11%
  • Estimated Average Household Size
    3
  • Total Population
    24,541
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
*Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Life at 2901 Via Alvarado


Schools

5
Dapplegray Elementary
  • Grades: KG-5
  • Public
4
Lunada Bay Elementary
  • Grades: KG-5
  • Public
5
Montemalaga Elementary
  • Grades: KG-5
  • Public
5
Rancho Vista Elementary
  • Grades: KG-5
  • Public
5
Palos Verdes Intermediate
  • Grades: 6-8
  • Public
4
Palos Verdes High
  • Grades: 9-12
  • Public
5
Palos Verdes Peninsula High
  • Grades: 9-12
  • Public
1
Rancho del Mar High (Continuation)
  • Grades: 10-12
  • Public
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

History

Date Event Value Agent
4/5/2024Source: CRMLS Price Reduction
$3,625,000 -1.6%
4/5/2024Source: bridgeMLS Price Reduction
$3,625,000 -1.6%
2/29/2024Source: bridgeMLS Price Reduction
$3,685,000 -5.4%
2/28/2024Source: CRMLS Price Reduction
$3,685,000 -5.4%
2/5/2024Source: CRMLS Price Reduction
$3,895,000 -2.0%
2/5/2024Source: bridgeMLS Price Reduction
$3,895,000 -2.0%
1/17/2024Source: bridgeMLS Added to Database
January 17, 2024
1/16/2024Source: CRMLS Added to Database
January 16, 2024
10/22/2022Source: CRMLS Added to Database
October 22, 2022
9/24/2022Source: CRMLS Added to Database
September 24, 2022