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For SaleLuxury

$5,380,000

3,586 sqft$1,500/sqft28 days on market

2521 Novato Place

Palos Verdes Estates, CA 90274

· 8% down, 7% APR, 30yr fixed

3

Beds

3

Baths

3,586

Square feet

1955

Built

Listing narrative

Description

Crown jewel property with one of the best views in Palos Verdes Estates. Approximately 1.5 acres. The best location for a rebuild at the end of the street on a cul-de-sac . Perched at the end of a quiet cul-de-sac in one of Palos Verdes Estates’ most desirable hillside settings, this custom-built single-story residence is situated on an exceptionally large lot of over 65,000 square feet (approx. 1.5 acres). The property offers expansive, unobstructed panoramic views encompassing the Queen’s Necklace, downtown Los Angeles skyline, SoFi Stadium, the coastline from Redondo Beach toward Malibu, and extending east to Long Beach with mountains beyond. The existing ranch-style home features thoughtful brick and wood craftsmanship throughout and includes a spacious living room, a distinctive round brick tower room, three bedrooms plus a versatile walkthrough room suitable for a variety of uses, three bathrooms, a split-level office or den overlooking a wet bar, two dining areas, and a separate bonus or entertainment room. Outdoor amenities include a pool, built-in grill, and patio designed to take full advantage of the remarkable views. A large circular driveway provides ample parking and leads to a three-car garage with additional workspace. The size and configuration of the lot offer flexibility for future expansion or potential new construction, subject to city approval. Conveniently located near award-winning Palos Verdes schools, Malaga Cove, coastal access, and with easy connectivity to the greater Los Angeles area, this property presents a rare opportunity to own a private view estate in Palos Verdes Estates.

Listing agent (MLS): Kurt Steffien · Listing brokerage (MLS): Realty Discount Corporation

Property Details

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Price

$5,380,000

Beds

3 bd

Type

House

Home Size

3,586 sqft

Baths

3

Lot Size

1.50 acres

Year

1955

Status

For Sale

Days on Market

28

$ / Sqft

$1,500

· 8% down, 7% APR, 30yr fixed
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Courtesy of Realty Discount Corporation