2901 Via Alvarado Palos Verdes Estates, 90274

Bedrooms:
4
Bathrooms:
3
Square Feet:
2,490 sqft
Price $3,625,000 .00
Approx /month
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Sale Price:
$3,625,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
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Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
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Virtual Tour of 2901 Via Alvarado , Palos Verdes Estates 90274

Property Description

Massive almost 300k price drop on one of the rarest properties in Lunada Bay! This truly one of a kind estate is a canvas for both the current residence and the future luxurious home. The current homes is move in ready with 2,490 sqft and approved plans for 6,267 sqft house. The property is a retreat into a world of elegance, comfort, and awe-inspiring vistas, situated on one of PVEs largest and flat OCEAN/CATALINA VIEW LOT. Additional allure lies in the potential for these views to become even more magnificent with the approved plans for a large second story, and expanded first. Future homeowners will enjoy vast panoramic vistas of the ocean, creating a living experience defined by its breathtaking surroundings. Currently, the home sits move-in ready with stainless steel appliances, quartz countertops, and refinished pool with pebble tec. Live in and enjoy the home before you build or simply add on to the existing footprint! The new residence plans are for over 7,000 customizable sq ft. The future home, boasting a remarkable 6,267 sq ft of living space, is a testament to opulence and design. Additionally, the plans include a 1,260 sq ft workshop with 6 car garage, catering to an avid car collection or allowing room for various hobbies. This transformative potential makes 2901 Via Alvarado one of the most unique and desirable investments of the new year. The property's massive lot, a rarity in Palos Verdes Estates, offers both privacy and space. It includes a huge grass yardover double the size for this neighborhoodwith an abundance of room to entertain, plant a garden, add a pickleball court, or lounge by your beautiful pool. This property represents a unique opportunity: a beautiful, functional home today and the potential for a majestic, custom-designed residence tomorrow. It's a rare offering that combines present comfort with future grandeur, all set in a location known for its exclusivity and tranquility. It provides an exclusive lifestyle that blends indoor comfort with outdoor splendor. Living in Palos Verdes Estates means being part of a quiet, secluded, and affluent community, known for its amazing hiking trails, oceanfront beach club, historic golf and tennis clubs, and highly regarded public schools. This property is easy access to Terranea Resort, Golden Cove shopping center and Trump National Golf Club. If you plan on building from the start, the hard part has been completed for you. Break ground the day escrow closes.

General Information

Listing Attribution:
Jensen Realty 310-809-2891
Listing Agent:
Devin Jensen
CalBRE#:
01893875
Price:
$3,625,000
Status:
Active
Listing Updated:
4/7/2024
List Date:
1/16/2024
Close Date
Square Feet:
2,490
Bedrooms:
4
Bathrooms:
3
Garage Spaces:
6.00
Year Built:
1963
City:
Palos Verdes Estates
Zip:
90274
County:
Los Angeles
MLS ID:
SB24009087
Buyer Agency Compensation:
2.500%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
Beamed Ceilings, Ceiling Fan(s)
Exterior Features:
Appliances:
Built-In Range, Convection Oven, Dishwasher, Water Heater
Flooring:
Laundry:
Inside, Laundry Room
Architectural Style:
Ranch
Levels:
One
Fireplace Features:
Family Room
Cooling:
None
Heating:
Central
Utilities:
Pool Type Features:
In Ground, Private
Spa Features:
None
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:

Community Information

MLS Area:
160 - Lunada Bay/Margate

Lot Information

Lot Size (sq feet):
24,322

Location Information

Directions:
Palos verdes Dr W to Via Anacapa to via sola corner of alvarado

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

2901 Via Alvarado Palos Verdes Estates CA 90274

Property Type:
Single Family Residence
Bedrooms:
4
Bathrooms:
3
Interior SqFt:
2490
Interior Stories:
1
Year Built:
1963

21 Closed Properties

Address
Distance/Miles
Closed Price
Details
0.3 Miles
$2,220,000
0.66 Miles
$3,265,000
1.43 Miles
$2,615,000
0.78 Miles
$2,563,555
0.09 Miles
$3,100,000
1.28 Miles
$2,500,000
0.54 Miles
$2,538,000
1.85 Miles
$1,935,000
0.96 Miles
$3,200,000
1.65 Miles
$4,500,000
1.25 Miles
$2,600,000
1.87 Miles
$3,400,000
1.28 Miles
$2,675,000
1.13 Miles
$1,825,000
0.59 Miles
$3,200,000
0.2 Miles
$2,750,000
1.27 Miles
$2,089,000
1.56 Miles
$2,175,000
0.87 Miles
$2,300,000
1.68 Miles
$2,250,000
1.48 Miles
$1,780,000

28 Active Properties

Address
Distance/Miles
Active Price
Details
0.81 Miles
$2,995,000
0.83 Miles
$2,150,000
1.32 Miles
$5,495,000
0.52 Miles
$3,638,800
1.13 Miles
$3,175,000
1.56 Miles
$1,999,000
1.93 Miles
$2,299,000
1.34 Miles
$2,399,000
1.13 Miles
$3,500,000
1.66 Miles
$2,450,000
1.19 Miles
$5,989,000
1.7 Miles
$2,200,000
1.87 Miles
$9,350,000
1.47 Miles
$1,895,000
1.39 Miles
$2,640,000
1.96 Miles
$3,100,000
1.97 Miles
$4,000,000
1.68 Miles
$3,260,000
0.54 Miles
$2,000,000
0 Miles
$3,625,000
1.71 Miles
$2,850,000
0.89 Miles
$10,000,000
1.77 Miles
$1,750,000
0.44 Miles
$2,785,000