Nestled in the heart of Montemalaga in Palos Verdes Estates, this two-story home offers an exceptional living experience, distinguished by its potential and generous outdoor space. With four bedrooms, three bathrooms, and a family room in 2,614 square feet of interior space, this residence is ideal for the visionary who sees the possibilities to create an outstanding residence that offers an almost "treehouse" feel.
The serene backyard is accentuated by lush mature trees along the perimeter providing privacy and beauty. The lot at the front measures approx. 88' and widens to 166' at the back; with the house located towards the front of the property, there is extensive room to build out without impacting the backyard area. It's expansive outdoor space offers options to build a pool, outdoor kitchen, sports court and still have room for a grassy area.
Location-wise, the property scores high with proximity to top-rated Palos Verdes Peninsula schools.
Sold for $2,555,000
Listed by: Vista Sotheby's International Realty • Terri Harkins • Contact: 310-507-5746
Bought with: Compass
$2,555,000
1340 Via Margarita, Palos Verdes Estates, CA 90274
4beds
2,612sqft
Single Family Residence
Built in 1964
0.39 Acres Lot
$2,723,500 Zestimate®
$978/sqft
$7,916 Estimated rent
Home value
$2,723,500
$2.48M - $3.00M
$7,916/mo
Zestimate® history
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$16,244/mo
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List your homeWhat's special
Sports courtSerene backyardLush mature treesOutdoor kitchenExpansive outdoor spaceGenerous outdoor space
Zillow last checked:
Listing updated:
Listed by:
Terri Harkins DRE #00968312 310-507-5746,
Vista Sotheby's International Realty
Bought with:
Ronald Melendez, DRE #01975577
Compass
Source: CRMLS,MLS#: SB24185706
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Family Room, Kitchen, Primary Bathroom, Primary Bedroom, Dining Room
Primary bedroom
- Features: Main Level Primary
Bathroom
- Features: Bathtub, Dual Sinks, Tub Shower
Kitchen
- Features: Kitchen Island
Heating
- Central
Cooling
- None
Appliances
- Included: Built-In Range, Double Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Water Heater
- Laundry: Inside, Laundry Room
Features
- Beamed Ceilings, Ceramic Counters, Separate/Formal Dining Room, Unfurnished, Main Level Primary
- Flooring: Carpet, Laminate, Wood
- Windows: Casement Window(s), Screens
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,612 sqft
Property
Parking
- Total spaces: 4
- Parking features: Door-Multi, Driveway, Garage Faces Front, Garage
- Garage spaces: 2
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Patio & porch: Brick, Covered, Open, Patio, See Remarks
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Hills, Peek-A-Boo, Trees/Woods
Lot
- Size: 0.39 Acres
- Features: 0-1 Unit/Acre, Landscaped, Rolling Slope, Yard
Details
- Additional structures: Storage
- Parcel number: 7545020014
- Zoning: PVR1*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish,See Remarks
- Property subtype: Single Family Residence
Materials
- Drywall
- Roof: Spanish Tile
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Features: Storm Drain(s), Suburban
Location
- Region: Palos Verdes Estates
Financial & listing details
- Price per square foot: $978/sqft
- Tax assessed value: $2,606,100
- Date on market: 9/7/2024
- Cumulative days on market: 34 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 12/24/2024 | Sold | $2,555,000-7.1%$978/sqft |
Source:  CRMLS #SB24185706 Report a problem | ||
| 11/18/2024 | Pending sale | $2,750,000$1,053/sqft |
Source: CRMLS #SB24185706 Report a problem | ||
| 10/13/2024 | Contingent | $2,750,000$1,053/sqft |
Source: CRMLS #SB24185706 Report a problem | ||
| 9/7/2024 | Listed for sale | $2,750,000$1,053/sqft |
Source: CRMLS #SB24185706 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,606,100 +2% |
| 2025 | $30,074 +593.9% | $2,555,000 +1016.4% |
| 2024 | $4,334 +3.5% | $228,870 +2% |
| 2023 | $4,186 +3.7% | $224,383 +2% |
| 2022 | $4,038 -0.4% | $219,984 +2% |
| 2021 | $4,055 +1.2% | $215,672 +1% |
| 2020 | $4,008 | $213,461 +2% |
| 2019 | $4,008 +3.7% | $209,277 +2% |
| 2018 | $3,866 | $205,175 +2% |
| 2017 | $3,866 +31.8% | $201,153 +2% |
| 2016 | $2,934 -19.3% | $197,210 +1.5% |
| 2015 | $3,637 +2.5% | $194,249 +2% |
| 2014 | $3,547 | $190,444 +2.5% |
| 2012 | -- | $185,869 +2% |
| 2011 | -- | $182,225 +0.8% |
| 2010 | -- | $180,864 -0.2% |
| 2009 | -- | $181,295 +2% |
| 2008 | -- | $177,741 +2% |
| 2007 | -- | $174,257 +2% |
| 2006 | -- | $170,841 |
| 2005 | -- | $170,841 +4% |
| 2004 | -- | $164,208 +1.9% |
| 2003 | -- | $161,199 +4.8% |
| 2002 | -- | $153,824 +4% |
| 2000 | -- | $147,852 |
Find assessor info on the county website
Neighborhood: 90274
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Nearby schools
GreatSchools rating
- 9/10Montemalaga Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Palos Verdes Intermediate SchoolGrades: 6-8Distance: 1.5 mi
- 10/10Palos Verdes Peninsula High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$2,723,500
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Estimated market value
$2,723,500
- California
- Los Angeles County
- Palos Verdes Estates
- 90274
- 1340 Via Margarita
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