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Listed By:
Keller Williams Palos Verdes, 310-503-9886, Stephen Haw
Local Realty Services Provided By:
Keller Williams Palos Verdes Realty
Overview
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1502 Paseo La Cresta, Palos Verdes Estates, CA 90274
6 Beds
6 Baths
1502 Paseo La Cresta, Palos Verdes Estates, CA 90274
Estimation provided by Keller Williams Realty Inc.
6 Beds
6 Baths
Property Description
In Montemalaga’s most prestigious enclave, where true wealth is measured by elegance & enduring quality, this ocean-view tennis estate stands as a testament to timeless grandeur. Behind private gates, a sweeping drive leads to a supreme masterpiece. Step into the grand foyer - framed by a double spiral staircase and domed skylight - sets the tone for a home built with precision and artistry. The formal living room, with its luxuriant wood floors, soaring windows framing the Pacific, and an ornately carved fireplace, exudes refinement. A formal dining room, anchored by a cozy fireplace, showcases thick moldings, stone flooring & built-in cabinetry -designed to entertain with grace. The kitchen is a chef’s sanctuary, centered around a commanding island and include a casual dining area. Every element, from the oversized Sub-Zero refrigerator to the Viking range and trio of Thermador ovens, speaks to a commitment to excellence. A sunlit breakfast room opens to the backyard, while the adjacent family room offers seamless access to a fire pit lounge and an outdoor BBQ and bar. A main floor guest suite ensures visitors experience both hospitality and seclusion. ON THE UPPER LEVEL, the primary suite is an opulent sanctuary, boasting breathtaking ocean views, a grand fireplace, private balcony, a Hollywood-inspired closet, and an adjoining office/bedroom suite. The spa-like bath features a deep soaking tub & steam sauna shower. Additional bedrooms, each impeccably appointed, provide comfort without ostentation. For the true connoisseur of leisure, the estate offers an entertainment room with a wet bar, coffered ceiling & a concealed drop-down screen, all framed by sweeping ocean vistas. A wine room, adorned with rich wood cabinets, paneling and a pool table, offers the perfect setting to savor the finest vintages. Outdoors, resort-like amenities abound: a saltwater pool & spa, multiple lounge areas, fireplace, heat lamps & fountain, and an outdoor BBQ/bar/dining area unfold in effortless sophistication. The championship tennis court, recently resurfaced, features a viewing terrace against an endless ocean horizon. Winding, lighted pathways lead through hidden vegetable gardens, offering a quiet homage to a life well-lived. With rich wood floors, handcrafted cabinetry, 6 fireplaces, arched doorways & intricate stonework, this estate is a statement of timeless grandeur—a rare opportunity to own a true legacy of refinement and grace.
Property Details
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Overview
Property Type
Single Family Residence
Property Size
Year Built
2000
Days on Site
35 Days
HVAC
Central, Central Air, Zoned
Parking
3 Parking Spaces
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
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Estimated Monthly Payment
Purchase Price:
$8,500,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
02/16/2025
Listed
(+580% )
10/31/2001
Sold
(-72.83% )
12/19/2000
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+5.24% )
Land 2,555,889 +
Additions 2,430,296
2022
(+0.12% )
Land 2,456,642 +
Additions 2,335,926
2021
(+4.47% )
Land 2,456,642 +
Additions 2,335,926
2019
(+7.19% )
Land 2,431,453 +
Additions 2,311,974
2017
Land 2,337,038 +
Additions 2,207,199
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from Montemalaga
Car-Dependent
Walkable
Very Walkable
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