1502 Paseo La Cresta
Palos Verdes Estates, CA 90274
- 6 beds
- 6 baths
- 7,556 sqft
- ~3/4 acre lot
- $1,124 per sqft
- 2000 build
- – on site
In Montemalaga’s most prestigious enclave, where true wealth is measured by elegance & enduring quality, this ocean-view tennis estate stands as a testament to timeless grandeur. Behind private gates, a sweeping drive leads to a supreme masterpiece. Step into the grand foyer - framed by a double spiral staircase and domed skylight - sets the tone for a home built with precision and artistry. The formal living room, with its luxuriant wood floors, soaring windows framing the Pacific, and an ornately carved fireplace, exudes refinement. A formal dining room, anchored by a cozy fireplace, showcases thick moldings, stone flooring & built-in cabinetry -designed to entertain with grace. The kitchen is a chef’s sanctuary, centered around a commanding island and include a casual dining area. Every element, from the oversized Sub-Zero refrigerator to the Viking range and trio of Thermador ovens, speaks to a commitment to excellence. A sunlit breakfast room opens to the backyard, while the adjacent family room offers seamless access to a fire pit lounge and an outdoor BBQ and bar. A main floor guest suite ensures visitors experience both hospitality and seclusion. ON THE UPPER LEVEL, the primary suite is an opulent sanctuary, boasting breathtaking ocean views, a grand fireplace, private balcony, a Hollywood-inspired closet, and an adjoining office/bedroom suite. The spa-like bath features a deep soaking tub & steam sauna shower. Additional bedrooms, each impeccably appointed, provide comfort without ostentation. For the true connoisseur of leisure, the estate offers an entertainment room with a wet bar, coffered ceiling & a concealed drop-down screen, all framed by sweeping ocean vistas. A wine room, adorned with rich wood cabinets, paneling and a pool table, offers the perfect setting to savor the finest vintages. Outdoors, resort-like amenities abound: a saltwater pool & spa, multiple lounge areas, fireplace, heat lamps & fountain, and an outdoor BBQ/bar/dining area unfold in effortless sophistication. The championship tennis court, recently resurfaced, features a viewing terrace against an endless ocean horizon. Winding, lighted pathways lead through hidden vegetable gardens, offering a quiet homage to a life well-lived. With rich wood floors, handcrafted cabinetry, 6 fireplaces, arched doorways & intricate stonework, this estate is a statement of timeless grandeur—a rare opportunity to own a true legacy of refinement and grace.
Last checked:
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Last updated Feb 21, 2025
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MLS# PV25020681 —
This home is listed in more than one place. See it here.
The Building
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Year Built:2000
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Year Built Source:Assessor
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New Construction:No
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Total Number Of Units:1
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Roof:Tile
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Structure Type:House
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Exterior Features:Barbecue Private, Lighting
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Stories Total:2
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Entry Level:1
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Patio And Porch Features:Deck, Patio Open, Stone
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Patio:1
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Common Walls:No Common Walls
Interior
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Features:2 Staircases, Balcony, Built-in Features, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, In-Law Floorplan, Living Room Deck Attached, Pantry, Recessed Lighting, Stone Counters, Sunken Living Room, Two Story Ceilings, Vacuum Central, Wainscoting, Wet Bar, Wired for Sound, Wood Product Walls
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Levels:Two
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Entry Location:1
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Kitchen Features:Butler's Pantry, Granite Counters, Kitchen Island, Kitchen Open to Family Room, Pots & Pan Drawers, Utility sink, Walk-In Pantry
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Eating Area:Breakfast Counter / Bar, Breakfast Nook, Dining Ell, Dining Room
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Door Features:Double Door Entry, French Doors
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Window Features:Casement Windows, Custom Covering, Double Pane Windows, Drapes, Skylight(s)
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Flooring:Stone, Tile, Wood
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Room Type:Formal Entry, Foyer, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Separate Family Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:Yes
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Fireplace:Dining Room, Family Room, Living Room, Primary Bedroom, Outside, Patio, Fire Pit
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Laundry:Gas & Electric Dryer Hookup, Individual Room, Upper Level
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Laundry:1
Room Dimensions
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Living Area:7556.00
Location
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Directions:Hawthorne Blvd to Granvia Altamira to Via Cerritos to Paseo La Cresta, off of Via Coronel
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Latitude:33.78518100
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Longitude:-118.39805200
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:PVR1YY
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Lot Features:Back Yard, Front Yard, Garden, Landscaped, Lot 20000-39999 Sqft
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Lot Size Area:31236.0000
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Lot Size Acres:0.7171
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Lot Size SqFt:31236.00
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Lot Size Source:Assessor
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View:1
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View:Ocean, Panoramic, Park/Greenbelt
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Security Features:Automatic Gate, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Smoke Detector(s), Wired for Alarm System
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Road Frontage:City Street
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Road Surface Type:Paved
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Additional Parcels:No
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Other Structures:Tennis Court Private
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:6703.26
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Tax Tract:8043
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Tax Lot:16
Beds
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Total Bedrooms:6
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Main Level Bedrooms:1
Baths
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Total Baths:6
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Bathroom Features:Bathtub, Bidet, Shower, Shower in Tub, Double sinks in bath(s), Double Sinks in Primary Bath, Dual shower heads (or Multiple), Exhaust fan(s), Granite Counters, Hollywood Bathroom (Jack&Jill), Jetted Tub, Linen Closet/Storage, Main Floor Full Bath, Privacy toilet door, Separate tub and shower, Stone Counters, Vanity area
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Full & Three Quarter Baths:5
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Main Level Baths:2
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Full Baths:5
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Half Baths:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7544022016
Heating & Cooling
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Heating:1
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Heating:Central, Zoned
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Cooling:Yes
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Cooling:Central Air
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Indoor Grill, Hot Water Circulator, Ice Maker, Instant Hot Water, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Warming Drawer, Water Heater, Water Line to Refrigerator, Water Purifier
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Included:Yes
Schools
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Elementary:MONTEM
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Elementary School:Montemalaga
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Middle School:Palos Verdes
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Middle School:PALVER
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High School:Peninsula
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High School:PENINS
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High School District:Palos Verdes Peninsula Unified
The Community
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Features:Biking, Golf, Hiking, Suburban
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Association:No
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Pool:Private, Heated, In Ground, Salt Water
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Senior Community:No
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Spa:1
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Private Pool:Yes
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Spa Features:Private
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Auto Driveway Gate, Built-In Storage, Circular Driveway, Direct Garage Access, Electric Vehicle Charging Station(s), Garage Faces Side, Garage - Two Door, Garage Door Opener
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Parking Spaces:3.00
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Attached Garage:Yes
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Garage Spaces:3.00
Monthly cost estimate
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Asking price
$8,500,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$45,514
|
Taxes | N/A |
Insurance | $2,337 |
Utilities | $273 See report |
Total | $48,124/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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2/16/25
Feb 16, 2025
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Listed / Active | CRMLS_CA | $8,500,000 | |
5/10/24
May 10, 2024
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Listed / Active | BRIDGE |