940 Paseo La Cresta
Palos Verdes Estates, CA 90274
- 5 beds
- 6 baths
- 7,734 sqft
- ~2 acre lot
- $930 per sqft
- 1981 build
- – on site
Spectacular Ocean & Catalina Views – A Rare Luxury Estate Experience breathtaking views from this expansive estate, boasting over 7,700 sq. ft. of living space on an impressive 65,479 sq. ft. lot. Designed for both grand entertaining and intimate gatherings, this home features multiple living and dining areas, two family rooms, and a gourmet center-island kitchen. The luxurious master suite is a private retreat, complete with a spa-like bath and sauna. Step outside into a resort-style backyard, where lush landscaping surrounds multiple seating areas, a sparkling pool and spa, a tennis court, and unobstructed ocean views extending to Catalina. A private gated entry and expansive driveway provide security and convenience, making this home perfect for hosting guests.
Last checked:
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Last updated Mar 4, 2025
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MLS# PV25046515 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1981
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Stucco
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Total Number Of Units:1
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Architectural Style:Contemporary
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Roof:Tile
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Structure Type:House
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Exterior Features:Rain Gutters
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Stories Total:2
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Entry Level:1
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Patio And Porch Features:Covered, Patio, Patio Open, Slab, 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, Bar, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Elevator, Recessed Lighting, Storage, Sunken Living Room, Tile Counters, Wet Bar
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Levels:Two
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Entry Location:Front
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Kitchen Features:Kitchen Island, Kitchen Open to Family Room, Pots & Pan Drawers, Tile Counters, Utility sink
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Eating Area:Breakfast Counter / Bar, Breakfast Nook, Dining Room, See Remarks
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Window Features:Double Pane Windows, Skylight(s), Stained Glass
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Flooring:Carpet, Tile
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Room Type:Dressing Area, Entry, Family Room, Formal Entry, Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Sauna, Separate Family Room, Utility Room, Walk-In Closet, 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, Game Room, Living Room, Primary Bedroom
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Laundry:Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
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Laundry:1
Room Dimensions
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Living Area:7734.00
Financial & Terms
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Disclosures:Death On Property < 3 yrs
Location
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Directions:Via Fernandez to Paseo La Cresta
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Latitude:33.78664600
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Longitude:-118.40669300
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:PVR1*
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Lot Features:Back Yard, Front Yard, Gentle Sloping, Lot Over 40000 Sqft, Secluded, Sprinkler System
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Lot Size Area:65479.0000
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Lot Size Acres:1.5032
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Lot Size SqFt:65479.00
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Lot Size Source:Assessor
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View:1
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View:Catalina, Ocean, Panoramic, Water
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Fencing:Security, Stucco Wall, Wrought Iron
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Fence:Yes
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Sprinklers:Yes
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Security Features:Automatic Gate, Security Lights, Security 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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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:31329
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Tax Lot:14
Beds
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Total Bedrooms:5
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Main Level Bedrooms:4
Baths
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Total Baths:6
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Bathroom Features:Bathtub, Shower, Double sinks in bath(s), Double Sinks in Primary Bath, Exhaust fan(s), Jetted Tub, Main Floor Full Bath, Privacy toilet door, Tile Counters
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Full & Three Quarter Baths:6
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Main Level Baths:5
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Full Baths:6
The Listing
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Special Listing Conditions:Trust
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Parcel Number:7541020015
Heating & Cooling
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Heating:1
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Heating:Central, Forced Air
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Cooling:Yes
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Cooling:Central Air
Utilities
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Utilities:Sewer Connected, Underground Utilities
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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, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Indoor Grill, Microwave, Refrigerator, Vented Exhaust Fan
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Included:Yes
Schools
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High School District:Palos Verdes Peninsula Unified
The Community
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Features:Gutters, Storm Drains
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Association:No
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Pool:Private, Diving Board, 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:In Ground
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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, Direct Garage Access, Driveway, Paved, Garage Faces Side, Garage - Three Door, Gated, Oversized, Parking Space
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Parking Spaces:9.00
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Attached Garage:Yes
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Garage Spaces:3.00
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Uncovered Spaces:6.00
Monthly cost estimate

Asking price
$7,200,000
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. |
$38,553
|
Taxes | N/A |
Insurance | $1,980 |
Utilities | $298 See report |
Total | $40,831/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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3/3/25
Mar 3, 2025
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Listed / Active | CRMLS_CA | $7,200,000 | |
5/26/22
May 26, 2022
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Sold | Public Record |