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2521 Novato Place

Palos Verdes Estates, CA 90274

3 beds
3 baths
3,586 sqft
~1 acre lot
$1,890 per sqft
1955 build
– on site

A sprawling custom-built home on an exceptional property with breathtaking views is being offered in the prestigious Montemalaga area of Palos Verdes Estates! It features a large living room, a round brick castle tower room, three bedrooms (actually four… one is a walkthrough that could be used as an art studio or nursery etc..), three baths, a split-level office/den over a wet bar, two dining areas and a separate entertainment/bonus room. This single-story ranch-style residence has remarkable brick and woodwork construction. Outside, there is a pool, built-in grill, and patio that shares the view. All this sits at the end of a cul-de-sac, giving it great privacy. A large circular driveway brings you up to a three-car garage with a workspace and plenty of parking. This lot is extremely rare and unique. It is over 65,000 square feet, almost 1.5 acres, allowing one to build a large footprint new construction home if desired. Another reason to purchase this property is simply the view! Amazing and unblocked, this view looks at the Queen’s Necklace, downtown Los Angeles and the So-fi center, and the coastline from Redondo up toward Malibu and further west and all the way back across to Long Beach and further to the east with mountains in the distance. This area is desirable for many reasons: schools, safety, areas like Malaga Cove and the beach nearby, access to the LA basin, and fine living. Come see this once-in-a-lifetime opportunity!

Listed By CRMLS_CA / Kurt Steffien / Realty Discount Corporation / 562-673-3873

Last checked: Checking… • Last updated Feb 2, 2025 •

MLS# OC25024075 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1955
Year Built Source:

Assessor
New Construction:

No
Total Number Of Units:

1
Architectural Style:

Ranch
Roof:

Wood
Structure Type:

House
Stories Total:

1
Entry Level:

1
Patio And Porch Features:

Patio, Patio Open
Patio:

1
Common Walls:

No Common Walls

Interior

Features:

Bar, Brick Walls, Built-in Features, High Ceilings, Pantry, Storage, Wet Bar
Levels:

One
Entry Location:

1
Eating Area:

Area, Dining Room
Flooring:

Carpet, Vinyl
Room Type:

All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Office, Sun, Workshop
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

Yes
Fireplace:

Family Room, Patio
Laundry:

Dryer Included, Individual Room, Washer Hookup, Washer Included
Laundry:

1

Room Dimensions

Living Area:

3586.00

Financial & Terms

Disclosures:

CC And R's

Location

Directions:

Granvia Altamria / Novato Pl
Latitude:

33.79036500
Longitude:

-118.38533600

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Zoning:

PVR1*
Lot Features:

Back Yard, Cul-De-Sac, Value In Land, Yard
Lot Size Area:

65179.0000
Lot Size Acres:

1.4963
Lot Size SqFt:

65179.00
Lot Size Source:

Assessor
View:

1
View:

City Lights, Coastline, Panoramic
Fencing:

Partial
Fence:

Yes
Security Features:

Carbon Monoxide Detector(s)
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

6703.26
Tax Tract:

8652
Tax Lot:

F

Beds

Total Bedrooms:

3
Main Level Bedrooms:

3

Baths

Total Baths:

3
Bathroom Features:

Bathtub, Shower, Closet in bathroom, Main Floor Full Bath
Full & Three Quarter Baths:

3
Main Level Baths:

3
Full Baths:

1
Three Quarter Baths:

2

The Listing

Special Listing Conditions:

Trust
Parcel Number:

7545014009

Heating & Cooling

Heating:

1
Heating:

Central, Fireplace(s), Natural Gas, See Remarks
Cooling:

No
Cooling:

None

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Built-In Range, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Water Heater
Included:

Yes

Schools

High School District:

Palos Verdes Peninsula Unified

The Community

Features:

Suburban
Association:

No
Pool:

Private, Diving Board, Indoor
Senior Community:

No
Private Pool:

Yes
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking Spaces:

5.00
Attached Garage:

No
Garage Spaces:

3.00
Uncovered Spaces:

2.00

Monthly cost estimate

Asking price

$6,780,000

Expense	Monthly cost
Mortgage	$36,304
Taxes	N/A
Insurance	$1,864
Utilities	$193 See report
Total	$38,361/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price
2/2/25 Feb 2, 2025	Listed / Active	CRMLS_CA	$6,780,000
8/13/24 Aug 13, 2024	Listed / Active	CRMLS_CA
4/30/24 Apr 30, 2024	Listed / Active	CRMLS_CA

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This house located in South Bay, Palos Verdes Estates, CA 90274 is currently for sale for $6,780,000. 2521 Novato Place is a 3,586 square foot house with 3 beds and 3 baths that has been on Estately for 0 days. 2521 Novato Place is in the South Bay neighborhood of Palos Verdes Estates and has a WalkScore® of 6, making it car-dependent.

Listing Courtesy of: CRMLS_CA and Realty Discount Corporation. Based on information from California Regional Multiple Listing Service, Inc. as of 10:32 on Feb 02.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.