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Sold for $2,400,000
  • Listed by: The Agency • Sharon Benton • Contact: 424-400-5943
    Bought with: Haynes Real Estate
    $2,400,000

    1616 Espinosa Cir, Palos Verdes Peninsula, CA 90274

    4beds
    2,882sqft
    Single Family Residence
    Built in 1963
    0.33 Acres Lot
    $2,381,900 Zestimate®
    $833/sqft
    $7,842 Estimated rent

    Home value

    $2,381,900

    $2.14M - $2.64M

    $7,842/mo

    Zestimate® history
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    What's special

    Tranquil water featuresPeaceful settingSweeping viewsBright open living spacesViews of catalina island
    Welcome to this serene and beautifully maintained 4 bedroom, 3 bath home offering 2,882 square feet of spacious living on an expansive 14,183 sq ft lot in the highly sought-after Lunada Bay community of Palos Verdes Estates. On the market for the first time in 50 years, this rare gem is nestled in a peaceful setting at the top of a quiet neighborhood circle, providing sweeping views that overlook the surrounding homes. From its elevated position, enjoy stunning vistas including views of Catalina Island on clear days. The property features two tranquil water features that create a true sense of calm and privacy. A swim spa with a deck offers the perfect place to unwind while taking in the lovely view of the ocean. Inside, you’ll find bright, open living spaces perfect for both everyday living and entertaining. With its generous lot size, ideal location, and breathtaking views, this home offers endless possibilities to create your dream retreat. Lovingly cared for and ready for its next chapter, don’t miss this incredible opportunity to own a one-of-a-kind sanctuary in one of the Peninsula’s most desirable neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sharon Benton DRE #02021318 3103835455,

    The Agency

    Bought with:

    Richard Haynes, DRE #01779425

    Haynes Real Estate

    Source: CRMLS,MLS#: PV25101324MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Rooms
    • Room types: Bonus Room, Entry/Foyer, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Utility Room, Dining Room
    Bathroom
    • Features: Bathtub, Separate Shower
    Family room
    • Features: Separate Family Room
    Kitchen
    • Features: Built-in Trash/Recycling, Kitchen Island
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: 6 Burner Stove, Electric Oven, Gas Cooktop
    • Laundry: Inside, Laundry Room
    Features
    • Beamed Ceilings, Built-in Features, Balcony, Separate/Formal Dining Room, High Ceilings, Storage, Utility Room
    • Flooring: Tile, Wood
    • Windows: Shutters
    • Basement: Utility
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,882 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage Faces Front, Garage, Gated, On Street
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Covered
    • Has private pool: Yes
    • Pool features: Private
    • Has spa: Yes
    • Spa features: Private
    • Fencing: Wood
    • Has view: Yes
    • View description: Neighborhood, Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 0.33 Acres
    • Features: 0-1 Unit/Acre, Yard
    Details
    • Parcel number: 7541031020
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Siding
    • Foundation: Raised
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Dog Park, Golf, Hiking
    • Security: Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
    Location
    • Region: Palos Verdes Peninsula

    Financial & listing details

    • Price per square foot: $833/sqft
    • Tax assessed value: $216,182
    • Annual tax amount: $26,503
    • Date on market: 5/8/2025
    • Cumulative days on market: 25 days
    • Listing terms: Cash,Cash to New Loan,Conventional,Submit
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/2/2025Sold$2,400,000-7.3%$833/sqft
    Source: CRMLS #PV25101324 Report a problem
    6/26/2025Pending sale$2,588,000$898/sqft
    Source: CRMLS #PV25101324 Report a problem
    6/3/2025Contingent$2,588,000$898/sqft
    Source: CRMLS #PV25101324 Report a problem
    5/8/2025Listed for sale$2,588,000$898/sqft
    Source: CRMLS #PV25101324 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$26,503 +526.2%$216,182 +2%
    2024$4,232 +3.6%$211,944 +2%
    2023$4,087 +3.5%$207,789 +2%
    2022$3,949 -0.4%$203,715 +2%
    2021$3,966 +1.2%$199,722 +1%
    2020$3,920 $197,675 +2%
    2019$3,920 +5.5%$193,800 +2%
    2018$3,714 $190,001 +2%
    2017$3,714 +33.8%$186,277 +2%
    2016$2,776 -20.5%$182,626 +1.5%
    2015$3,492 +2.6%$179,883 +2%
    2014$3,404 $176,360 +2.5%
    2012-- $172,122 +2%
    2011-- $168,748 +0.8%
    2010-- $167,488 -0.2%
    2009-- $167,887 +2%
    2008-- $164,596 +2%
    2007-- $161,370 +2%
    2006-- $158,207
    2005-- $158,207 +4%
    2004-- $152,066 +1.9%
    2003-- $149,280 +2%
    2002-- $146,354 +4%
    2000-- $140,672
    Find assessor info on the county website

    Neighborhood: 90274

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Palos Verdes

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,381,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,381,900