$8,800,000
$10,900,000
19.3%For more information regarding the value of a property, please contact us for a free consultation.
1509 Lower Paseo La Cresta Palos Verdes Estates, CA 90274
6 Beds
9 Baths
0.72 Acres Lot
Key Details
Sold Price $8,800,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PV22092587
Sold Date 06/15/22
Bedrooms 6
Full Baths 6
Half Baths 2
Three Quarter Bath 1
Construction Status Updated/Remodeled
HOA Y/N Yes
Year Built 2000
Lot Size 0.719 Acres
Property Description
GOLDEN OPPORTUNITY to own this Grand Mediterranean Estate, located on one of the most desirable streets in Montemalaga area of Palos Verdes Estates. The huge 31,314 sq. ft. lot boasts Unobstructed Ocean, Catalina Island & Malibu Mountain views, garden landscape with fruit trees, north/south tennis court and indoor/outdoor pool & spa. This 10,207 sq. ft. mansion has been extensively and beautifully remodeled with the most intricate details. A formal entry leads to the grand foyer with ornamental crystal chandeliers & hand painted spiral staircase, and opens to the expansive balcony to showcase the mesmerizing views. The formal living room is adorned with European panel ceilings while the family room has hand painted ceiling mural. Both have a cozy fireplace and open to the view balcony outside. The Tuscany kitchen has chef grade appliances, large center island with breakfast bar and a casual dining area. It opens to the family room on one side and leads to the formal dining room with a butler station on the other side. A designer library is conveniently located in the front while a large functional office converted from a bedroom en-suite with 3/4 bathroom can be turned back to a main floor guest quarter. On the UPPER LEVEL, the master bedroom has a dressing room with 2 walk-in closets and a huge master bathroom with double vanities/showers/privacy toilet chambers. There are 4 more view bedroom en-suites with ample closet space, while ALL bedrooms have a view balcony for private enjoyment. Entertainment/leisure area is of abundance in this residence: besides a home theater, the LOWER LEVEL has an entertainment room for hosting a pool, BBQ or singing party and an adjacent maid’s quarter currently used as a recreation/exercise room. An indoor elevator, 2 main floor powder rooms, 2 laundry rooms and a large 4 car garage with storage complete the wonderful residence. This luxury mansion has fine appointments such as hand painted murals, moldings & staircases, decorative fixtures that are meticulously procured and massive marble floors throughout. A must see property if you are in the market for the ultimate luxurious living experience.
Location
State CA
County Los Angeles
Area 162 - Monte Malaga
Zoning PVR1YY
Rooms
Other Rooms Tennis Court(s)
Ensuite Laundry Inside, Laundry Room, See Remarks, Upper Level
Interior
Interior Features Wet Bar, Breakfast Bar, Built-in Features, Balcony, Breakfast Area, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Coffered Ceiling(s), Separate/Formal Dining Room, Elevator, Granite Counters, High Ceilings, In-Law Floorplan, Living Room Deck Attached, Multiple Staircases, Recessed Lighting, Sunken Living Room, Two Story Ceilings, Wired for Sound, Dressing Area
Laundry Location Inside,Laundry Room,See Remarks,Upper Level
Heating Central, Zoned
Cooling Central Air, Zoned
Flooring Stone, Tile, Wood
Fireplaces Type Family Room, Gas, Living Room, Primary Bedroom
Fireplace Yes
Appliance 6 Burner Stove, Built-In Range, Convection Oven, Double Oven, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water To Refrigerator, Water Heater
Laundry Inside, Laundry Room, See Remarks, Upper Level
Exterior
Exterior Feature Barbecue
Garage Circular Driveway, Direct Access, Electric Gate, Garage, Garage Door Opener, Gated, Paved, Garage Faces Side
Garage Spaces 4.0
Garage Description 4.0
Pool Heated, In Ground, Private, Solar Heat
Community Features Suburban
Utilities Available Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Amenities Available Other
View Y/N Yes
View Catalina, Mountain(s), Ocean, Panoramic
Porch Covered, Deck, Open, Patio, Stone, Wrap Around
Parking Type Circular Driveway, Direct Access, Electric Gate, Garage, Garage Door Opener, Gated, Paved, Garage Faces Side
Attached Garage Yes
Total Parking Spaces 4
Private Pool Yes
Building
Lot Description Back Yard, Landscaped
Story Three Or More
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Mediterranean
Level or Stories Three Or More
Additional Building Tennis Court(s)
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Montemalaga
Middle Schools Palos Verdes
High Schools Palos Verdes
School District Palos Verdes Peninsula Unified
Others
HOA Name PVHA
Senior Community No
Tax ID 7544019007
Security Features Prewired,Closed Circuit Camera(s),Carbon Monoxide Detector(s),Security Gate,Key Card Entry,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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