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Sold for $10,600,000
  • Listed by: Strand Hill Properties • Lily Liang • Contact: 310-373-3333
    Bought with: Vista Sotheby’s International Realty
    $10,600,000

    1420 Paseo La Cresta, Palos Verdes Estates, CA 90274

    6beds
    11,332sqft
    Single Family Residence
    Built in 1992
    0.81 Acres Lot
    $10,696,700 Zestimate®
    $935/sqft
    $7,765 Estimated rent

    Home value

    $10,696,700

    $9.41M - $12.09M

    $7,765/mo

    Zestimate® history
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    What's special

    Cozy fireplaceWine cellarVintage french fireplaceCozy outdoor fireplaceMature treesView balconyMusic room
    Ensconced in the entirely fenced and gated enclave of Palos Verdes Estates, this Tuscan Villa was designed by Donald Hendrickson, AIA, with the interior designed by Hendrix-Allardyce and landscaping by Lifescapes, designed the Bellagio Garden.This property boasts a fantastic landscape with mature trees, fountains, a sparkling pool, spa, pergola, gazebo, loggia, and tranquil walkways.It was built with superior quality and attention to detail, including walls an average 12 inches thick.From the formal courtyard with a fountain through the Loggia to the front foyer, you already know this is a home built with labor of love.There is a spacious 2-story foyer, with a specially designed curved staircase surmounted by an Italian-inspired stained-glass dome.The living room has a vintage French fireplace, and voluminous windows and adjoins a music room or a meeting room.The formal dining room opens seamlessly into the front Loggia and with a swing door to the chef's kitchen that is fully equipped with all your needs! There is also a separate breakfast nook in addition to the banquette set.Truly a perfect home that meets any entertaining need from an intimate dinner party to a fundraising gala!A lovely sitting area with plenty of sunlight is next to a casual media room- specially designed with no reflections while enjoying TV during the daytime, two walls with built-in cabinets, displaying shelves, and a cozy fireplace.A stately library is next to the living room with elaborately designed ceilings/walls.There is a spacious family room/cabana with a full marble bar and lounge and then retreat to the loggia and into the award-winning resort-style garden.The upper level features a generous primary suite with a huge sitting room and view balcony, his and her section of a huge closet, his powder room in addition to a spa-like bathroom with steam shower and huge massage tub, and her toilet/bidet.4 generous guest suites complete the upstairs. The lower level has a room that was designed for a movie theater, a wine cellar, and the 6th bedroom suite,with its own entry and living quarters, a spacious laundry room, equipment room and storage room.Soak in the sun at the swimming pool, encompassed by the lush landscape and mature trees or enjoy the cozy outdoor fireplace on a cooler night.Additional amenities include multiple zoning central air,central vacuum,4 car garage, elevator, etc.Do not miss such a handsome house with its understated elegance and quality construction!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lily Liang DRE #00837794 310-902-7799,

    Strand Hill Properties

    Bought with:

    Carmelita Luhrsen, DRE #01396413

    Vista Sotheby’s International Realty

    Source: CRMLS,MLS#: PV24043442MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 10
    • Full bathrooms: 8
    • 1/2 bathrooms: 2
    • Main level bathrooms: 3
    Rooms
    • Room types: Bedroom, Family Room, Foyer, Great Room, Kitchen, Laundry, Library, Living Room, Primary Bathroom, Primary Bedroom, Media Room, Utility Room, Wine Cellar, Dining Room
    Bedroom
    • Features: Multi-Level Bedroom
    Bathroom
    • Features: Bidet, Bathtub, Jetted Tub, Stone Counters, Separate Shower, Walk-In Shower
    Kitchen
    • Features: Kitchen Island, Kitchenette, Pots & Pan Drawers, Stone Counters, Utility Sink, Walk-In Pantry
    Heating
    • Central, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Built-In Range, Double Oven, Dishwasher, Freezer, Gas Cooktop, Microwave, Refrigerator, Range Hood
    • Laundry: Washer Hookup, Gas Dryer Hookup, Laundry Room
    Features
    • Wet Bar, Breakfast Area, Separate/Formal Dining Room, Elevator, Country Kitchen, Multiple Staircases, Stone Counters, See Remarks, Storage, Entrance Foyer, Utility Room, Wine Cellar
    • Flooring: Stone, Wood
    • Windows: Drapes
    • Basement: Finished
    • Has fireplace: Yes
    • Fireplace features: Den, Family Room, Living Room, Primary Bedroom, Outside
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 11,332 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Direct Access, Electric Gate, Garage
    • Attached garage spaces: 4
    • Carport spaces: 4
    • Covered spaces: 8
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: 2
    • Patio & porch: Deck, Front Porch, Patio, Terrace
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Private
    • Has spa: Yes
    • Spa features: Heated, Private
    • Fencing: Average Condition
    • Has view: Yes
    • View description: City Lights, Coastline, Courtyard, Hills, Mountain(s), Ocean, Trees/Woods, Water
    • Has water view: Yes
    • Water view: Coastline,Ocean,Water
    Lot
    • Size: 0.81 Acres
    • Features: 0-1 Unit/Acre, Lawn, Landscaped, Sloped Up, Yard
    Details
    • Additional structures: Cabana
    • Parcel number: 7544015006
    • Zoning: PVR1YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1992

    Utilities & green energy

    • Electric: Electricity - On Bond, 220 Volts in Laundry
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Rural
    • Security: Prewired, Security System, Smoke Detector(s)
    Location
    • Region: Palos Verdes Estates

    Financial & listing details

    • Price per square foot: $935/sqft
    • Tax assessed value: $10,812,000
    • Annual tax amount: $123,281
    • Date on market: 3/4/2024
    • Cumulative days on market: 36 days
    • Listing terms: Cash,Cash to New Loan
    • Road surface type: Alley Paved

    Price history

    DateEventPrice
    5/16/2024Sold$10,600,000-3.5%$935/sqft
    Source: CRMLS #PV24043442 Report a problem
    5/1/2024Pending sale$10,990,000$970/sqft
    Source: CRMLS #PV24043442 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$123,281 +160.7%$10,812,000 +172.6%
    2024$47,297 +1.5%$3,966,595 +2%
    2023$46,594 +5.1%$3,888,819 +2%
    2022$44,347 +0.2%$3,812,569 +2%
    2021$44,264 +1.3%$3,737,813 +1%
    2020$43,689 $3,699,487 +2%
    2019$43,689 +3.8%$3,626,949 +2%
    2018$42,086 $3,555,834 +2%
    2017$42,086 +8.8%$3,486,113 +2%
    2016$38,677 -3%$3,417,759 +1.5%
    2015$39,877 +2.6%$3,366,422 +2%
    2014$38,859 $3,300,480 +2.5%
    2012-- $3,221,143 +2%
    2011-- $3,157,984 +0.8%
    2010-- $3,134,383 -0.2%
    2009-- $3,141,830 +2%
    2008-- $3,080,226 +2%
    2007-- $3,019,830 +2%
    2006-- $2,960,619
    2005-- $2,960,619 +4%
    2004-- $2,845,656 +1.9%
    2003-- $2,793,503 +2%
    2002-- $2,738,729 +4%
    2000-- $2,632,382
    Find assessor info on the county website

    Neighborhood: 90274

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    Estimated market value
    $10,696,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $10,696,700