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Sold for $5,300,000
  • Listed by: Compass • Lauren Forbes • Contact: 310-901-8512
    Bought with: Merit Real Estate
    $5,300,000

    1505 Via Fernandez, Palos Verdes Estates, CA 90274

    6beds
    7,194sqft
    Single Family Residence
    Built in 1990
    0.43 Acres Lot
    $6,433,800 Zestimate®
    $737/sqft
    $26,142 Estimated rent

    Home value

    $6,433,800

    $5.73M - $7.27M

    $26,142/mo

    Zestimate® history
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    What's special

    Horseshoe drivewayStone facadeSteam ovenWalk-in closetsSoaking tubLuxurious spa-like bathroomCustom vanities
    Welcome to this stunning custom-built Montecito-style estate located in the prestigious Palos Verdes Estates. This gated property features a horseshoe driveway and water fountain that set the tone for the luxurious and serene lifestyle you will experience within. Upon entry, you are greeted by an impressive foyer boasting high ceilings, an intricately designed iron staircase, and imported Moroccan tiles. The main floor features a spacious open floor plan with beautifully appointed high-end designer finishes and ample natural light. A formal living room and true entertainer’s bar provide the perfect setting for elegant entertaining and casual gatherings alike. The bar includes 2 Marvel wine refrigerators, a Marvel ice maker and a Fisher and Paykel dishwasher. The expansive family room is equipped with a cozy fireplace and the dining room is conveniently located adjacent to it and the kitchen. The kitchen is a chef's dream, with top-of-the-line appliances, custom cabinetry, and a spacious center island. The appliances include Wolf gas range with 6 burners, a ceramic griddle and two gas ovens, two additional Wolf electric ovens and a steam oven, full sized Sub Zero refrigerator freezer and separate beverage fridge, a farm sink and vegetable sink, and two cove dishwashers. Also on the first level, the oversized game room has custom motorized drapery and opens to the yard. Beyond, closed off by pocket doors, is the office with windows to the front of the property. Upstairs features a total of 5 bedrooms, each with a full ensuite bathroom providing ample space for family and guests along with a laundry room. The primary suite is a true retreat with a fireplace, sitting area, walk-in closets, balcony, and a luxurious spa-like bathroom with custom vanities, a soaking tub, and a separate shower. The backyard is a serene and private paradise, featuring a pool and spa and mature landscaping, a beautiful stone fountain, and ample seating areas to enjoy complete relaxation and sunshine. This exceptional estate underwent a complete renovation in 2019, with no expense spared. The renovation included custom lighting and flooring throughout, new cabinetry, doors, closets, security cameras, a stone facade, complete electrical rewiring and conversion to a smart home as well as upgraded finishes and appliances. The total cost of the renovation was $2.5 million, ensuring that this home is move-in ready and truly one-of-a-kind.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lauren Forbes DRE #01295248 310-901-8512,

    Compass,

    Roma Barba DRE #01359711 310-422-0652,

    Compass

    Bought with:

    Rodman Amiri, DRE #01760226

    Merit Real Estate

    Source: CRMLS,MLS#: SB23065950MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 7
    • Main level bathrooms: 1
    Rooms
    • Room types: Attic, Bedroom, Foyer, Game Room, Guest Quarters, Kitchen, Laundry, Living Room, Primary Bedroom, Other, Pantry, Sauna, Utility Room
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Up
    Cooling
    • Gas, Zoned
    Appliances
    • Laundry: Inside
    Features
    • All Bedrooms Up, Attic, Entrance Foyer, Galley Kitchen, Primary Suite, Utility Room, Walk-In Pantry, Walk-In Closet(s)
    • Has fireplace: Yes
    • Fireplace features: Gas, Kitchen, Primary Bedroom, Raised Hearth, Recreation Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 7,194 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    • Attached garage spaces: 3
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: 2
    • Exterior features: Fire Pit
    • Has private pool: Yes
    • Pool features: Gunite, Gas Heat, Heated, In Ground, Private, Tile
    • Has view: Yes
    • View description: Catalina, Coastline, Ocean, Pool, Water
    • Has water view: Yes
    • Water view: Coastline,Ocean,Water
    Lot
    • Size: 0.43 Acres
    • Features: Back Yard, Drip Irrigation/Bubblers, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Near Park, Sprinklers Timer, Sprinklers On Side, Sprinkler System, Yard
    Details
    • Parcel number: 7541022002
    • Zoning: PVR1*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Foothills, Gutter(s), Storm Drain(s), Suburban, Park
    Location
    • Region: Palos Verdes Estates

    Financial & listing details

    • Price per square foot: $737/sqft
    • Tax assessed value: $5,406,000
    • Annual tax amount: $62,698
    • Date on market: 5/22/2023
    • Cumulative days on market: 162 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    1/10/2024Sold$5,300,000-3.6%$737/sqft
    Source: CRMLS #SB23065950 Report a problem
    11/28/2023Pending sale$5,499,999$765/sqft
    Source: CRMLS #SB23065950 Report a problem
    11/4/2023Contingent$5,499,999$765/sqft
    Source: CRMLS #SB23065950 Report a problem
    10/27/2023Listed for sale$5,499,999+22.2%$765/sqft
    Source: CRMLS #SB23065950 Report a problem
    8/23/2018Sold$4,500,000$626/sqft
    Source: Public Record Report a problem
    8/23/2018Listed for sale$4,500,000$626/sqft
    Source: RE/MAX Estate Properties #PV18085592 Report a problem
    4/19/2018Pending sale$4,500,000$626/sqft
    Source: RE/MAX Estate Properties #PV18085592 Report a problem
    4/16/2018Listed for sale$4,500,000+13.9%$626/sqft
    Source: RE/MAX Estate Properties #PV18085592 Report a problem
    6/4/2014Listing removed$3,950,000$549/sqft
    Source: RE/MAX ESTATE PROPERTIES #PV14032957 Report a problem
    2/17/2014Listed for sale$3,950,000+7.3%$549/sqft
    Source: RE/MAX Estate Properties #PV14032957_MRMLS Report a problem
    8/7/2013Listing removed$3,680,000$512/sqft
    Source: RE/MAX Palos Verdes Realty #V12049531 Report a problem
    8/1/2013Listed for sale$3,680,000$512/sqft
    Source: RE/MAX Palos Verdes Realty #V12049531 Report a problem
    7/18/2012Listing removed$3,680,000$512/sqft
    Source: Palos Verdes Realty, Inc. #V12049531 Report a problem
    6/15/2012Price change$3,680,000-5.2%$512/sqft
    Source: Palos Verdes Realty, Inc. #V12049531 Report a problem
    4/19/2012Listed for sale$3,880,000+7.8%$539/sqft
    Source: Palos Verdes Realty, Inc. #V12049531 Report a problem
    9/8/2011Listing removed$3,599,900$500/sqft
    Source: Shorewood Realtors INC #S11040995 Report a problem
    4/4/2011Listed for sale$3,599,900+38.5%$500/sqft
    Source: Shorewood Realtors INC #S11040995 Report a problem
    1/9/2004Sold$2,600,000$361/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$62,698 +11.2%$5,406,000 +9.8%
    2024$56,377 +1.5%$4,921,404 +2%
    2023$55,533 +5.3%$4,824,907 +2%
    2022$52,755 +0.1%$4,730,302 +2%
    2021$52,702 +1.4%$4,637,552 +1%
    2020$51,999 $4,590,000 +2%
    2019$51,999 +37.5%$4,500,000 +38.5%
    2018$37,816 $3,248,869 +2%
    2017$37,816 +7.3%$3,185,167 +2%
    2016$35,241 -1.4%$3,122,714 +1.5%
    2015$35,752 +2.7%$3,075,809 +2%
    2014$34,799 $3,015,559 +9.7%
    2012-- $2,748,000 -4.8%
    2011-- $2,885,364 +0.8%
    2010-- $2,863,801 -0.2%
    2009-- $2,870,605 +2%
    2008-- $2,814,320 +2%
    2007-- $2,759,139 +2%
    2006-- $2,705,039
    2005-- $2,705,039 +3.6%
    2004-- $2,611,907 +1.9%
    2003-- $2,564,038 +2%
    2002-- $2,513,764 +11.3%
    2000-- $2,258,700
    Find assessor info on the county website

    Neighborhood: 90274

    Nearby schools

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    Estimated market value
    $6,433,800
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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
    $6,433,800