For salePrice cut: $550K (6/6)
$7,450,000
6beds
7,556sqft
1502 Paseo La Cresta, Palos Verdes Estates, CA 90274
6beds
7,556sqft
Residential, single family residence
Built in 2000
0.72 Acres
3 Attached garage spaces
$986 price/sqft
What's special
In Montemalaga's most prestigious enclave, where true wealth is measured by elegance & enduring quality, this ocean-view tennis estate stands as a testament to timeless grandeur. Behind private gates, a sweeping drive leads to a supreme masterpiece. Step into the grand foyer - framed by a double spiral staircase and domed ...
- 60 days |
- 1,853 |
- 66 |
Source: CLAW,MLS#: 26842283
Travel times
Family Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Listed by:
Stephen Haw DRE # 00808646 310-503-9886,
Keller Williams Luxury 310-544-6100
Source: CLAW,MLS#: 26842283
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Rooms
- Room types: Formal Entry, Jack And Jill, Living Room, Walk-In Closet, Walk-In Pantry, Wine Cellar, Dining Room, Breakfast Area, Patio Open, Patio Covered
Bedroom
- Features: Walk-In Closet(s)
- Level: Main
Bathroom
- Features: Double Shower, Double Vanity(s), Dual Entry (Jack & Jill) Bath, Granite, Linen Closet, Powder Room, Shower and Tub, Shower Over Tub, Split Bath
Kitchen
- Features: Counter Top, Bar, Gourmet Kitchen, Kitchen Island, Pantry, Open to Family Room
Heating
- Central, Zoned
Cooling
- Air Conditioning, Central Air
Appliances
- Included: Built-In Gas, Convection Oven, Gas Cooktop, Gas Grill, Microwave, Oven, Range Hood, Warming Drawer, Self Cleaning Oven, Barbeque, Dishwasher, Disposal, Exhaust Fan, Range/Oven, Refrigerator, Water Line to Refrigerator, Water Purifier, Central Water Heater, Gas Water Heater, Hot Water Circulator, Instant Hot Water
- Laundry: Inside, Upper Level, Laundry Room, Gas Or Electric Dryer Hookup
Features
- 2 Staircases, Built-in Features, Cathedral-Vaulted Ceilings, High Ceilings, Recessed Lighting, Coffered Ceiling(s), Crown Molding, Sunken Living Room, Built-Ins, Breakfast Counter / Bar, Breakfast Nook, Formal Dining Rm, Dining Ell
- Flooring: Stone Tile, Wood
- Doors: Double Door Entry, French Doors
- Windows: Custom Window Covering, Double Pane Windows, Drapes, Skylight(s)
- Number of fireplaces: 6
- Fireplace features: Dining Room, Family Room, Fire Pit, Gas, Living Room, Patio
- Common walls with other units/homes: Detached/No Common Walls
Interior area
- Total structure area: 7,556
- Total interior livable area: 7,556 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Auto Driveway Gate, Circular Driveway, Storage, Direct Access, Garage - 3 Car, Garage Is Attached, Gated
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: Main Level
- Patio & porch: Deck, Patio, Rock/Stone
- Exterior features: Balcony, Barbecue
- Has private pool: Yes
- Pool features: Heated, Salt Water, In Ground, Private
- Has spa: Yes
- Spa features: Heated, In Ground, Private
- Fencing: Gate
- Has view: Yes
- View description: Park/Greenbelt, Ocean, Panoramic
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 0.72 Acres
- Features: Back Yard, Front Yard, Landscaped, Yard
Details
- Additional structures: Gazebo
- Parcel number: 7544022016
- Zoning: PVR1YY
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Residential, Single Family Residence
Materials
- Wood Product Walls
- Roof: Tile
Condition
- Year built: 2000
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s), Prewired, Gated, Other
HOA
- Has HOA: No
Location
- Region: Palos Verdes Estates
Financial & listing details
- Price per square foot: $986/sqft
- Tax assessed value: $5,187,625
- Annual tax amount: $60,729
- Date on market: 6/6/2026
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2026 | Price change | $7,450,000-6.9%$986/sqft |
Source:  CLAW #26842283 Report a problem | ||
| 6/23/2025 | Price change | $7,999,999+0.1%$1,059/sqft |
Source:  SDMLS #OC25111367 Report a problem | ||
| 3/25/2025 | Price change | $7,995,000-5.9%$1,058/sqft |
Source:  CRMLS #PV25020681 Report a problem | ||
| 2/17/2025 | Listed for sale | $8,500,000+580%$1,125/sqft |
Source: CRMLS #PV25020681 Report a problem | ||
| 12/28/2001 | Sold | $1,250,000-72.8%$165/sqft |
Source: Public Record Report a problem | ||
| 3/1/2001 | Sold | $4,600,000$609/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $60,729 +3.8% | $5,187,625 +2% |
| 2024 | $58,507 +1.5% | $5,085,907 +2% |
| 2023 | $57,637 +5.2% | $4,986,185 +2% |
| 2022 | $54,769 +0.1% | $4,888,418 +2% |
| 2021 | $54,705 +1.3% | $4,792,568 +1% |
| 2020 | $53,978 | $4,743,427 +2.3% |
| 2019 | $53,978 +4.4% | $4,635,120 +2% |
| 2018 | $51,722 | $4,544,237 +2% |
| 2017 | $51,722 +5.9% | $4,455,135 +2% |
| 2016 | $48,852 -0.5% | $4,367,781 +1.5% |
| 2015 | $49,101 +2.6% | $4,302,174 +2% |
| 2014 | $47,862 | $4,217,902 +2.5% |
| 2012 | -- | $4,116,511 +2% |
| 2011 | -- | $4,035,796 +0.8% |
| 2010 | -- | $4,005,634 -0.2% |
| 2009 | -- | $4,015,151 +2% |
| 2008 | -- | $3,936,424 +2% |
| 2007 | -- | $3,859,240 +2% |
| 2006 | -- | $3,783,570 |
| 2005 | -- | $3,783,570 -20.8% |
| 2004 | -- | $4,779,599 +1.9% |
| 2003 | -- | $4,692,000 +2% |
| 2002 | -- | $4,600,000 +89.5% |
| 2000 | -- | $2,428,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$45,241/mo
Principal & interest
$37915
Property taxes
$7326
Estimated market value
$7,060,800
$6.71M - $7.41M
$33,340/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: 90274
Nearby schools
Montemalaga Elementary School
Grades K-5 • 0.4 miles9/10
GreatSchools® Rating
Test Score Rating
10/10Student Progress Rating
8/10Palos Verdes Intermediate School
Grades 6-8 • 1 miles8/10
GreatSchools® Rating
Test Score Rating
10/10Student Progress Rating
5/10Palos Verdes High School
Grades 9-12 • 1.3 miles10/10
GreatSchools® Rating
Test Score Rating
10/10College Readiness Rating
10/10