2901 Via Alvarado, Palos Verdes Estates, CA 90274

$3,625,000 Asking Price

4 beds
3 baths
2,490  sqft
Built in 1963

Massive almost 300k price drop on one of the rarest properties in Lunada Bay! This truly one of a kind estate is a canvas for both the current residence and the future luxurious home. The current homes is move in ready with 2,490 sqft and approved plans for 6,267 sqft house. The property is a retreat into a world of elegance, comfort, and awe-inspiring vistas, situated on one of PVEs largest and flat OCEAN/CATALINA VIEW LOT. Additional allure lies in the potential for these views to become even more magnificent with the approved plans for a large second story, and expanded first. Future homeowners will enjoy vast panoramic vistas of the ocean, creating a living experience defined by its breathtaking surroundings. Currently, the home sits move-in ready with stainless steel appliances, quartz countertops, and refinished pool with pebble tec. Live in and enjoy the home before you build or simply add on to the existing footprint! The new residence plans are for over 7,000 customizable sq ft. The future home, boasting a remarkable 6,267 sq ft of living space, is a testament to opulence and design. Additionally, the plans include a 1,260 sq ft workshop with 6 car garage, catering to an avid car collection or allowing room for various hobbies. This transformative potential makes 2901 Via Alvarado one of the most unique and desirable investments of the new year. The property's massive lot, a rarity in Palos Verdes Estates, offers both privacy and space. It includes a huge grass yardover double the size for this neighborhoodwith an abundance of room to entertain, plant a garden, add

Features & Amenities

Interior

General:
Beamed Ceilings
Laundry:
Laundry Room,Inside
A/C:
N/K
Heating:
Forced Air Unit
Fireplace:
FP in Family Room

Exterior

Style:
Ranch
Pool:
Below Ground,Private
Parking:
Parking spaces: 6

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
PVR1*, 7542030010
View:
Ocean,Water,Catalina

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Jensen Realty, Devin Jensen

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.

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