The Palos Verdes real estate market continues to show steady activity this week, with a balanced mix of new listings, pending escrows, and closed sales across the Peninsula. From brand-new construction in Rolling Hills Estates to coastal estates in Lunada Bay, the market remains active across all price points.
What happened on the Peninsula last week?
November 4th – November 10th
High Sale
1 Crestwind Drive, Rancho Palos Verdes | $3,750,000
This stunning custom home in the Del Cerro neighborhood offers nearly half an acre of modern luxury with seamless indoor/outdoor living, NanaWall doors, an open-concept layout, a showcase kitchen with high-end appliances, and a 1,200+ bottle wine cellar. The private primary suite features a spa-style bath, while additional bedrooms open to the beautifully landscaped yard. A fully equipped ADU adds flexibility, and the resort-style backyard includes a pool and spa, sport court, fire features, putting green, and mature fruit trees. Energy-efficient upgrades, a four-car garage with EV charging, and thoughtful details throughout make this an exceptional RPV residence. Listed at $3,698,000 and sold for 1.4 percent over asking.
Low Sale
3200 La Rotonda Drive #507, Rancho Palos Verdes | $820,000
This beautifully updated Ocean Terrace condo offers everyday resort-style living with sweeping views of the ocean, Catalina Island, the coastline, golf course, and vibrant sunsets. The open living space features a contemporary fireplace, smooth ceilings, indirect lighting, and stylish wood-look flooring, while the sleek white kitchen includes quartz counters, modern tile accents, and high-end stainless appliances. The primary suite has a generous walk-in closet and a remodeled bath with an oversized shower, and the guest bedroom enjoys its own full bath. An enclosed view deck provides the perfect spot to relax and take in the scenery. Located on a quiet cul-de-sac above the National Golf Course and scenic bluffside trails, Ocean Terrace offers exceptional amenities including a pool, spa, tennis and pickleball courts, fitness center, and clubhouse. Listed at $799,000 and sold for 2.6 percent over asking.
House of the Week
2816 Paseo Del Mar, Palos Verdes Estates | Offered at $7,999,000
Reminiscent of a classic Beverly Hills estate, this custom designed home was built to embody timeless elegance and enduring quality. A magnificent two-story entry opens to a grand living room with fireplace, while the adjacent library impresses with rich wood paneling, a marble fireplace, and architectural detail.
The expansive formal dining room sets the stage for elegant entertaining, while the traditional butler's pantry serves as the transitional space between the kitchen and dining room. The spacious kitchen features a center island offering the ideal place to prepare and share homemade meals with family and friends. The large family room has a fireplace and French doors opening to the private backyard oasis. The pool pavilion includes a bar, kitchenette, sauna, 3/4 bathroom, and outdoor fireplace, creating a resort-like ambiance. A secret, grotto-inspired spa is tucked amid natural stone and greenery. The impressive pool is privately situated and surrounded by mature, lush landscaping that provides peace and tranquility.
Upstairs are five bedrooms, each with its own private bathroom. The spectacular primary suite includes a sitting area, fireplace, a luxurious bathroom and a one of a kind walk-in closet. The private balcony enjoys beautiful ocean and sunset views.
Downstairs includes an authentic wine cellar, guest quarters and direct access to the three-car garage. The gated driveway leads to a secluded motor court and provides access to two additional spaces within the tandem garage. A total of 5 car enclosed parking.
Set on an oversized lot with ocean views, this exceptional property rests on one of Lunada Bay's most desirable streets.
