Welcome to a one of a kind remarkable contemporary masterpiece situated in an exclusive neighborhood in Rancho Palos Verdes. This newly built mid century estate that was once an avocado ranch has 7,100 sqft and sits on a lofty 1.3 acre lot. From the moment you enter this luxury estate through the double entry doors, you are welcomed with the majestic views of Catalina Island surrounded by amazing panoramic blue ocean views wherever you go! It is an entertainer's dream to have features in this masterpiece including an oversized lap swimming pool overlooking the breathtaking ocean views, outdoor covered patio with a gas fire pit and an enclosed outside area for a RV or boat. This estate also offers a stunning tiered hillside beautifully landscaped with green trees and plants that has considerable cement steps to the bottom of the property. As we make our way back in we are greeted with a game room with a built-in wet bar with marble stone countertops that has an open concept which flows in to the grand living room. Whether it's the 2 downstairs guest suites, the spacious bedrooms upstairs, subzero and wolf stainless steel appliances in the amazing kitchen, to the surround sound system throughout the entire house, your friends and family will not want to leave this place! Please do not miss an opportunity to call this beautiful estate your own. Welcome home!
Sold for $7,040,000
Listed by: PACIFIC STERLING REALTY/Irvine • LILI QIAN • Contact: 626-475-2156
Bought with: Compass
$7,040,000
45 Oceanaire Dr, Rancho Palos Verdes, CA 90275
5beds
7,100sqft
Single Family Residence
Built in 2020
1.3 Acres Lot
$7,556,900 Zestimate®
$992/sqft
$27,890 Estimated rent
Home value
$7,556,900
$6.88M - $8.31M
$27,890/mo
Zestimate® history
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$45,427/mo
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Zillow last checked:
Listing updated:
Listed by:
LILI QIAN DRE #01925737 626-475-2156,
PACIFIC STERLING REALTY/Irvine,
Michael Sun DRE #01971400 626-765-4025,
Pacific Sterling Realty
Bought with:
Josslyn K Young, DRE #01376865
Compass
Source: CRMLS,MLS#: WS24024814
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Entry/Foyer, Family Room, Foyer, Game Room, Kitchen, Laundry, Living Room, Primary Bedroom, Office, Other, Pantry, Recreation, Sunroom, Dining Room
Primary bedroom
- Features: Main Level Primary
Bathroom
- Features: Bathtub, Closet, Dual Sinks, Enclosed Toilet, Multiple Shower Heads, Separate Shower, Tub Shower, Walk-In Shower
Kitchen
- Features: Kitchen Island, Stone Counters, Walk-In Pantry
Heating
- Central, ENERGY STAR Qualified Equipment, High Efficiency, Natural Gas, Zoned
Cooling
- Central Air, ENERGY STAR Qualified Equipment, Gas, High Efficiency, Zoned
Appliances
- Included: Dryer
- Laundry: Inside, Laundry Room, Upper Level
Features
- Wet Bar, Breakfast Bar, Breakfast Area, Separate/Formal Dining Room, Eat-in Kitchen, Living Room Deck Attached, Open Floorplan, Pantry, Phone System, Stone Counters, Storage, Smart Home, Entrance Foyer, Galley Kitchen, Main Level Primary, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
- Flooring: Concrete, Tile, Wood
- Doors: Double Door Entry, Insulated Doors, Sliding Doors
- Has fireplace: Yes
- Fireplace features: Dining Room, Living Room, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 7,100 sqft
Property
Parking
- Total spaces: 4
- Parking features: Boat, Circular Driveway, Concrete, Covered, Door-Multi, Direct Access, Driveway, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, RV Access/Parking
- Attached garage spaces: 4
Accessibility
- Accessibility features: Parking, Accessible Doors
Features
- Levels: Two
- Stories: 2
- Entry location: Front Gate
- Patio & porch: Concrete, Covered, Open, Patio
- Exterior features: Barbecue
- Has private pool: Yes
- Pool features: Heated, In Ground, Lap, Pool Cover, Permits, Private
- Has spa: Yes
- Spa features: Heated, Permits, Private
- Fencing: Chain Link,Excellent Condition,Stucco Wall
- Has view: Yes
- View description: Catalina, Neighborhood, Ocean, Panoramic, Water
- Has water view: Yes
- Water view: Ocean,Water
Lot
- Size: 1.3 Acres
- Features: 0-1 Unit/Acre, Cul-De-Sac, Front Yard, Garden, Lawn, Lot Over 40000 Sqft, Landscaped, Yard
Details
- Parcel number: 7581028032
- Zoning: RPRS20000-OH*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Custom
- Property subtype: Single Family Residence
Materials
- Drywall, Concrete, Stucco, Steel, Wood Siding
- Foundation: Pillar/Post/Pier, Tie Down
- Roof: Flat,Membrane,Tar/Gravel
Condition
- Turnkey
- New construction: No
- Year built: 2020
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Features: Hiking
- Security: Security System, Smoke Detector(s)
HOA
- Amenities included: Other
- HOA name: none
Location
- Region: Rancho Palos Verdes
Financial & listing details
- Price per square foot: $992/sqft
- Tax assessed value: $7,180,800
- Annual tax amount: $87,671
- Date on market: 2/7/2024
- Cumulative days on market: 202 days
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2025 | Listing removed | $27,000$4/sqft |
Source:  CLAW #25510063 Report a problem | ||
| 3/11/2025 | Listed for rent | $27,000+107.7%$4/sqft |
Source: CLAW #25510063 Report a problem | ||
| 3/29/2024 | Sold | $7,040,000-8.4%$992/sqft |
Source:  CRMLS #WS24024814 Report a problem | ||
| 3/19/2024 | Pending sale | $7,688,888$1,083/sqft |
Source: CRMLS #WS24024814 Report a problem | ||
| 3/8/2024 | Contingent | $7,688,888$1,083/sqft |
Source: CRMLS #WS24024814 Report a problem | ||
| 2/8/2024 | Listed for sale | $7,688,888+70.9%$1,083/sqft |
Source: CRMLS #WS24024814 Report a problem | ||
| 6/4/2021 | Sold | $4,500,000-46.4%$634/sqft |
Source: Public Record Report a problem | ||
| 9/16/2020 | Sold | $8,400,000-4.5%$1,183/sqft |
Source: Public Record Report a problem | ||
| 7/31/2020 | Pending sale | $8,800,000$1,239/sqft |
Source: Re/Max Estate Properties #SB20065345 Report a problem | ||
| 3/30/2020 | Listed for sale | $8,800,000+252%$1,239/sqft |
Source: Re/Max Estate Properties #SB20065345 Report a problem | ||
| 3/30/2020 | Listing removed | $13,000$2/sqft |
Source: RE/MAX Estate Properties #SB20064218 Report a problem | ||
| 3/27/2020 | Listed for rent | $13,000$2/sqft |
Source: Re/Max Estate Properties #SB20064218 Report a problem | ||
| 3/8/2016 | Sold | $2,500,000-9.1%$352/sqft |
Source: Public Record Report a problem | ||
| 2/24/2016 | Pending sale | $2,750,000$387/sqft |
Source: Re/Max Estate Properties #SB16026035 Report a problem | ||
| 2/8/2016 | Listed for sale | $2,750,000$387/sqft |
Source: Re/Max Estate Properties #SB16026035 Report a problem | ||
| 11/2/2015 | Listing removed | $2,750,000$387/sqft |
Source: Re/Max Estate Properties #SB14245708 Report a problem | ||
| 9/22/2015 | Price change | $2,750,000-8.3%$387/sqft |
Source: Re/Max Estate Properties #SB14245708 Report a problem | ||
| 5/16/2015 | Price change | $3,000,000-9.1%$423/sqft |
Source: RE/MAX ESTATE PROPERTIES #SB14245708 Report a problem | ||
| 1/27/2015 | Price change | $3,300,000-24.4%$465/sqft |
Source: RE/MAX Estate Properties #SB14245708 Report a problem | ||
| 11/20/2014 | Listed for sale | $4,362,744$614/sqft |
Source: Re/Max Estate Properties #SB14245708 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $87,671 -10.6% | $7,180,800 -19.4% |
| 2024 | $98,110 +1.4% | $8,914,147 +2% |
| 2023 | $96,718 +5.5% | $8,739,360 +2% |
| 2022 | $91,653 +0.2% | $8,568,000 +2% |
| 2021 | $91,502 +123.6% | $8,400,000 +127.5% |
| 2020 | $40,915 | $3,692,700 +39.2% |
| 2019 | $40,915 +40.9% | $2,653,018 +2% |
| 2018 | $29,048 | $2,600,999 +2% |
| 2017 | $29,048 +2.1% | $2,550,000 +584.1% |
| 2016 | $28,453 +479.4% | $372,754 +1.5% |
| 2015 | $4,911 -5.5% | $367,156 +2% |
| 2014 | $5,196 | $359,965 +2.5% |
| 2012 | -- | $351,314 +2% |
| 2011 | -- | $344,426 +0.8% |
| 2010 | -- | $341,853 -0.2% |
| 2009 | -- | $342,667 +2% |
| 2008 | -- | $335,949 +2% |
| 2007 | -- | $329,362 +2% |
| 2006 | -- | $322,905 |
| 2005 | -- | $322,905 +4% |
| 2004 | -- | $310,367 +1.9% |
| 2003 | -- | $304,680 +2% |
| 2002 | -- | $298,707 +4% |
| 2000 | -- | $287,110 |
Find assessor info on the county website
Neighborhood: 90275
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Nearby schools
GreatSchools rating
- 10/10Soleado Elementary SchoolGrades: K-5Distance: 1.3 mi
- 9/10Ridgecrest Intermediate SchoolGrades: 6-8Distance: 1.3 mi
- 10/10Palos Verdes Peninsula High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$7,556,900
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Estimated market value
$7,556,900
- California
- Los Angeles County
- Rancho Palos Verdes
- 90275
- 45 Oceanaire Dr
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