1509 Lower Paseo La Cresta, Palos Verdes Estates, CA 90274

$10,900,000 Asking Price

6 beds
9 baths
10,207  sqft
Built in 2000

GOLDEN OPPORTUNITY to own this Grand Mediterranean Estate, located on one of the most desirable streets in Montemalaga area of Palos Verdes Estates. The huge 31,314 sq. ft. lot boasts Unobstructed Ocean, Catalina Island & Malibu Mountain views, garden landscape with fruit trees, north/south tennis court and indoor/outdoor pool & spa. This 10,207 sq. ft. mansion has been extensively and beautifully remodeled with the most intricate details. A formal entry leads to the grand foyer with ornamental crystal chandeliers & hand painted spiral staircase, and opens to the expansive balcony to showcase the mesmerizing views. The formal living room is adorned with European panel ceilings while the family room has hand painted ceiling mural. Both have a cozy fireplace and open to the view balcony outside. The Tuscany kitchen has chef grade appliances, large center island with breakfast bar and a casual dining area. It opens to the family room on one side and leads to the formal dining room with a butler station on the other side. A designer library is conveniently located in the front while a large functional office converted from a bedroom en-suite with 3/4 bathroom can be turned back to a main floor guest quarter. On the UPPER LEVEL, the master bedroom has a dressing room with 2 walk-in closets and a huge master bathroom with double vanities/showers/privacy toilet chambers. There are 4 more view bedroom en-suites with ample closet space, while ALL bedrooms have a view balcony for private enjoyment. Entertainment/leisure area is of abundance in this residence: besides a home theater,

Features & Amenities

Interior

General:
2 Staircases,Balcony,Coffered Ceiling(s),Granite Counters,Living Room Deck Attached,Recessed Lighting,Sunken Living Room,Two Story Ceilings,Wet Bar
Laundry:
Laundry Room,Other/Remarks,Inside
Flooring:
Stone,Tile,Wood
A/C:
Central Forced Air,Zoned Area(s)
Heating:
Zoned Areas,Forced Air Unit
Fireplace:
FP in Family Room,FP in Living Room,FP in Master BR,Gas

Exterior

Style:
Mediterranean/Spanish
Other Structures:
Tennis Court Private
Pool:
Below Ground,Private,SolarHeat,Heated Pool
Parking:
Auto Driveway Gate,Circular Driveway, Parking spaces: 4

Construction

General:
3 Story

Location

HOA Amenities:
0.0

Lot

Zoning:
PVR1YY, 7544019007
View:
Mountains/Hills,Ocean,Panoramic,Catalina

Utilities

Utilities:
Cable Connected,Electricity Connected,Phone Connected,Sewer Connected,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS, California Regional MLS

This listing courtesy of:
Keller Williams Palos Verdes, Stephen Haw

About Palos Verdes Peninsula, CA

Housing

Number of Units
9,900
Median Home Value
$1,192,728
Median Rent
$1,987

11.93% of housing units are renter occupied.

5.55% are vacant.

Commute

Car
48.76%
Public Transportation
0.18%
Walk to Work
0.82%
Work from Home
49.60%
Other
0.51%

The median travel time to work is 19 minutes.

People

Population
25,502
Median Age
50.00
Median Household Size
2.86

Education

High School
5.87%
Associate’s Degree
5.94%
Bachelor’s Degree
41.28%
Graduate Degree
33.63%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: