Introducing 47 Oceanaire Drive, Rancho Palos Verdes, CA. Spacious Split-Level Retreat atop the hill with Panoramic Ocean Views on 1.56 Acres
Welcome to a rare opportunity in the prestigious Del Cerro neighborhood. This mid-century (1964) split-level residence was custom-built by its original owner on solid bedrock and offers nearly 3,000 sq. ft. of versatile living space with breathtaking, unobstructed 180 degree ocean views.
This diamond-in-the rough features 4 bedrooms and 2.5 baths; the home’s split-level design provides multiple living and entertaining areas, including a top-floor family room with a circular sunken conversation pit and Palos Verdes stone fireplace. Enjoy sweeping vistas from canyon to whitewater to Catalina Island. Enjoy soaring ceilings, sun-drenched interiors, and seamless indoor-outdoor flow — ideal for entertaining or relaxing in peace.
The expansive 1.56-acre (67,958 SF) lot offers incredible potential for redesign, expansion, or creating resort-style outdoor living. With nearby homes valued from $5.5M to $7M, the property is a blank canvas for investors, designers, or end-users to create a true coastal masterpiece.
Located just minutes from award-winning schools, scenic hiking trails at nearby Del Cerro Park, and the stunning Palos Verdes shoreline, this home offers both privacy and opportunity in one of the South Bay’s most desirable enclaves. Property has been priced according to the appraisal attached. This is a trust sale. Bring your vision and transform this diamond in the rough into a legacy ocean-view estate. Highest & Best offers requested by 8/26/ 25 to be reviewed 8/27/25. Thank you!
Sold for $2,390,000
Street View
Listed by: Vylla Home, Inc. • Mike Potier • Contact: 562-708-0870
Bought with: Pacific Sterling Realty
$2,390,000
47 Oceanaire Dr, Rancho Palos Verdes, CA 90275
4beds
2,981sqft
Single Family Residence
Built in 1964
1.56 Acres Lot
$2,399,900 Zestimate®
$802/sqft
$7,962 Estimated rent
Home value
$2,399,900
$2.18M - $2.64M
$7,962/mo
Zestimate® history
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List your homeWhat's special
Panoramic ocean viewsCircular sunken conversation pitPalos verdes stone fireplaceSun-drenched interiorsSplit-level designSoaring ceilingsSweeping vistas
Zillow last checked:
Listing updated:
Listed by:
Mike Potier DRE #00458210 562-708-0870,
Vylla Home, Inc.
Bought with:
Dawei Hao, DRE #02233879
Pacific Sterling Realty
Source: CRMLS,MLS#: PW25177140
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 4
Rooms
- Room types: Family Room, Kitchen, Laundry, Living Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Microwave
- Laundry: Inside
Features
- Flooring: Carpet, Tile, Vinyl
- Has fireplace: Yes
- Fireplace features: Family Room, Gas
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 2,981 sqft
Property
Parking
- Total spaces: 3
- Parking features: Door-Multi, Driveway, Garage Faces Front, Garage
- Attached garage spaces: 3
Features
- Levels: Two,Multi/Split
- Stories: 2
- Entry location: 1st floor
- Patio & porch: See Remarks
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 1.56 Acres
- Features: Front Yard, Irregular Lot, Rolling Slope
Details
- Parcel number: 7581028031
- Zoning: RPRS20000-OH*
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Drywall, Stucco
- Foundation: None
- Roof: Tile
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1964
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Hiking, Near National Forest, Park, Preserve/Public Land, Street Lights, Urban
HOA
- Amenities included: Security
- HOA name: 0
- HOA phone: 000-000-0000
Location
- Region: Rancho Palos Verdes
Financial & listing details
- Price per square foot: $802/sqft
- Tax assessed value: $261,539
- Annual tax amount: $4,531
- Date on market: 8/7/2025
- Cumulative days on market: 43 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Sold | $2,390,000-4%$802/sqft |
Source:  CRMLS #PW25177140 Report a problem | ||
| 10/20/2025 | Pending sale | $2,490,000$835/sqft |
Source: CRMLS #PW25177140 Report a problem | ||
| 9/23/2025 | Contingent | $2,490,000$835/sqft |
Source: CRMLS #PW25177140 Report a problem | ||
| 9/15/2025 | Listed for sale | $2,490,000$835/sqft |
Source: CRMLS #PW25177140 Report a problem | ||
| 9/12/2025 | Contingent | $2,490,000$835/sqft |
Source: CRMLS #PW25177140 Report a problem | ||
| 8/27/2025 | Price change | $2,490,000-9.5%$835/sqft |
Source: CRMLS #PW25177140 Report a problem | ||
| 8/7/2025 | Listed for sale | $2,750,000$923/sqft |
Source: CRMLS #PW25177140 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,531 +7.3% | $261,539 +2% |
| 2024 | $4,222 +2.6% | $256,412 +2% |
| 2023 | $4,115 +5.6% | $251,385 +2% |
| 2022 | $3,897 +1.3% | $246,457 +2% |
| 2021 | $3,848 +1.4% | $241,625 +1% |
| 2020 | $3,796 | $239,149 +2% |
| 2019 | $3,796 +11% | $234,461 +2% |
| 2018 | $3,420 | $229,865 +2% |
| 2017 | $3,420 +2.3% | $225,359 +2% |
| 2016 | $3,344 +3.6% | $220,941 +1.5% |
| 2015 | $3,226 +10.7% | $217,623 +2% |
| 2014 | $2,914 | $213,361 +2.5% |
| 2012 | -- | $208,234 +2% |
| 2011 | -- | $204,152 +0.8% |
| 2010 | -- | $202,627 -0.2% |
| 2009 | -- | $203,110 +2% |
| 2008 | -- | $199,128 +2% |
| 2007 | -- | $195,224 +2% |
| 2006 | -- | $191,398 |
| 2005 | -- | $191,398 +4% |
| 2004 | -- | $183,967 +1.9% |
| 2003 | -- | $180,596 +2% |
| 2002 | -- | $177,056 +4% |
| 2000 | -- | $170,183 |
Find assessor info on the county website
Neighborhood: 90275
Nearby homes
- $7,040,0005 bd7 ba7.1k sqft45 Oceanaire Dr, Rancho Palos Verdes, CA 90275Sold
- $2,475,5004 bd3 ba2.8k sqft51 Oceanaire Dr, Rancho Palos Verdes, CA 90275Off Market
- $2,650,0004 bd3 ba2.8k sqft49 Oceanaire Dr, Rancho Palos Verdes, CA 90275Sold
- $3,990,0004 bd5 ba4.8k sqft43 Oceanaire Dr, Rancho Palos Verdes, CA 90275For Sale
- $3,489,8006 bd4 ba3.8k sqft53 Oceanaire Dr, Rancho Palos Verdes, CA 90275Off Market
- $3,174,8004 bd5 ba4.1k sqft41 Oceanaire Dr, Rancho Palos Verdes, CA 90275Off Market
- $3,769,3004 bd5 ba4.9k sqft55 Oceanaire Dr, Rancho Palos Verdes, CA 90275Off Market
- $2,374,3004 bd4 ba2.4k sqft46 Oceanaire Dr, Rancho Palos Verdes, CA 90275Off Market
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
Schools provided by the listing agent
- Elementary: Vista Grande
- Middle: Ridgecrest
- High: Peninsula
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
$2,399,900
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Estimated market value
$2,399,900
- California
- Los Angeles County
- Rancho Palos Verdes
- 90275
- 47 Oceanaire Dr
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