245 Rocky Point Rd, Palos Verdes Estates, CA 90274
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245 Rocky Point Rd Palos Verdes Estates, CA 90274

$29,750,000
  • 7 Beds
  • 9.5 Baths
  • 12,472 Sq.Ft.
For Sale
$29,750,000 Get Pre-Qualified

Map preview of 245 Rocky Point Rd, Palos Verdes Estates, CA 90274

Property Overview: 245 Rocky Point Rd Palos Verdes Estates, CA has 7 bedrooms, 9.5 bathrooms, 12,472 living square feet and 50,239 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Perched on the western-most point of Palos Verdes Estates on a pristine bluff, this sprawling compound spans over 1.15 acres of lush coastal land, offering 180-degree views of California coastline. This property has never been offered on the market, presenting a rare opportunity for discerning buyers seeking luxury and seclusion along the Southern California coast. Renowned interior designer Tim Clarke meticulously curated this residence, crafted with stone and plaster to blend seamlessly with the surroundings. Behind privacy gates, the compound provides an inviting atmosphere that effortlessly combines comfort and exquisite design, creating a remarkable coastal retreat. Fully retractable sliding doors blend the boundaries between interior and exterior spaces throughout the property. The chef's kitchen boasts French limestone countertops from the ancient Massangis quarry, a Wolf 6-burner stove, a copper sink with a graceful patina and Waterworks fixtures. Reclaimed wood-beamed ceilings, French white oak, limestone floors, Roman clay plaster walls, vintage Italian chandeliers and antique fireplace mantels from France contribute to its timeless elegance and contemporary comfort. The primary suite offers breathtaking ocean views with disappearing doors, an outdoor spa, a luxurious bathroom and a bespoke walk-in closet. Landscape architect Art Luna's design harmoniously blends the coastal habitat and natural wonders of the expansive property. Sprawling lawns, limestone hardscape, and pergolas surround the pool and spa, creating an enchanting outdoor oasis that celebrates the coastal surroundings. The guest house and entertainment pavilion seamlessly blend comfort and luxury, featuring a custom indoor Italian grill, oversized dining area and multiple seating areas leading to the pool and spa area. Two generously appointed bedrooms, three and a half bathrooms, a well-equipped gym, secured wine cellar which holds over 1200 bottles of wine, and a home office area complete this idyllic retreat. This property offers a once-in-a-lifetime opportunity to experience the epitome of coastal living.

Listed by Brittney Austin | BRE #01799654 | Vista Sotheby’s International Realty
Co-listed by Cari Corbalis | BRE #00850678 | Vista Sotheby’s International Realty
Last checked: 12 minutes ago | Last updated: September 2nd, 2024 | Source CRMLS | DOM: 371

Home details

Lot Sq. Ft
50,239
HOA Dues
$0/mo
Year built
2016
Garage
7 Car
Property Type:
Single Family Home
Status
Active
MLS#
SB23170243
City
Palos Verdes Estates
County
Los Angeles
Time on Site
372 days

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Property Details for 245 Rocky Point Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Solar
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Family Room, Guest House, Living Room, Primary Bedroom, Outside
Room Information
  • Downstairs Bedrooms: 5
  • Downstairs Bathrooms: 7
  • Eating Area: Breakfast Nook, Dining Room
  • Flooring: Wood
  • Exercise Room, Home Theatre, Office, Two Primaries, Utility Room, Walk-In Pantry, Wine Cellar
Kitchen Information
  • Has Appliances
  • Indoor Grill, Warming Drawer, Water Purifier, Water Softener
  • Butler's Pantry
Bathroom Information
  • # of Baths (Full): 8
  • # of Baths (1/2): 3
Interior Features
  • Built-in Features, High Ceilings, Open Floorplan, Stone Counters, Sump Pump, Tandem, Wet Bar
  • Levels: Two
  • Security Features: Security System
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: In Ground
Exterior Features
  • Has Patio
  • Has Pool
  • Pool Features: Private, Salt Water
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Bluff
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Catalina, Coastline, Ocean, Panoramic
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7542035016
  • Year Built Source: Seller
  • Architectural Style: See Remarks
  • Entry Level: 1
  • Property is not Attached
  • Has Additional Parcels
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: None
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Palos Verdes Peninsula Unified
Location / Neighborhood
Location Information
  • Directions: Paseo Del Mar & Yarmouth Road
Neighborhood Information
  • Community Features: Hiking, Park
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Sale History for 245 Rocky Point Rd

Last sold for $4,900,000 on July 31st, 2007
  • September, 2023

  • Sep 12, 2023

    Date

    Active

    CRMLS: SB23170243

    $35,000,000

    Price

  • July, 2007

  • Jul 31, 2007

    Date

    Sold (Public Records)

    Public Records

    $4,900,000

    Price

  • January, 2006

  • Jan 24, 2006

    Date

    Sold (Public Records)

    Public Records

    $3,425,000

    Price

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Tax History for 245 Rocky Point Rd

Assessed Value (2020): $7,710,000
Year Land Value Improved Value Assessed Value
2020 $5,015,700 $2,694,300 $7,710,000

Home Value Compared to the Market

This property vs the competition

245 Rocky Point Rd is listed 775% higher than the median list price for the city of Palos Verdes Estates which has a median list price of $3,400,000. The median price per/sqft for Palos Verdes Estates is $1,157 and this home is listed at $2385.34 per/sqft which puts the price per square foot 106.17% higher than the median price per square foot for the city of Palos Verdes Estates.

About 245 Rocky Point Rd

Detailed summary of property

245 Rocky Point Rd is a single family home located in Palos Verdes Estates, CA 90274 and is currently for sale. This house offers 7 bedrooms, 9.5 bathrooms, roughly 12,472 living square feet, and sits on an approximately 50,239 square foot lot. 245 Rocky Point Rd was first listed on ArdentRealEstateGroup.com on September 12, 2023. The homeowner is currently asking $29,750,000 and was originally asking $35,000,000. The median priced home in Palos Verdes Estates is $3,400,000 with a median price per square foot of $1,157. Based on Ardent Real Estate Group's Palos Verdes Estates Market Data, this home is listed 775% higher than the median priced home. Local competing homes currently for sale include 10690 Somma Way, 1055 Stradella Rd and 1050 Stradella Rd. While the average home in Palos Verdes Estates, CA is selling in 100 days, 245 Rocky Point Rd has a days on market of 371 days. There are currently 63 homes for sale in the Palos Verdes Estates real estate market and 62 of them are single family homes while 1 of them are condos and 0 are townhomes. For more information on this home for sale at 245 Rocky Point Rd Palos Verdes Estates, CA 90274 contact Ardent Real Estate Group and we will put you in touch with one of our Palos Verdes Estates agents.

Public Facts for 245 Rocky Point Rd

Public county record property details
Beds
5
Baths
8
Year built
2008
Sq. Ft.
7,022
Lot Size
20,616
Stories
--
Type
Single Family Residential
Pool
No
Spa
Yes
County
Los Angeles
Lot#
16
APN
7542-035-016

The source for these homes facts are from public records.

90274 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,495,000
Median List Price/Sq.Ft.
$1,127
Median Sold Price
$2,700,000
Median Sold Price/Sq.Ft.
$1,035
Total Inventory
103
Median Sale to List Price %
101.89%
Avg Days on Market
43
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (62.5%), Other (12.5%)

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Related Resources to 245 Rocky Point Rd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.