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$11,250,000   Price Analysis
Agent Details  share icon     map icon  QR
609 Paseo Del Mar
Palos Verdes Estates, CA 90274
5 bed 6 bath 7,590 SqFt ($1482/SqFt)
0.55 acre lot. Built 1994
Listed 2023-08-18, Taxes $107,536
Ⓧ USDA Ineligible
due to price & location

near Palos Verdes Estates

Location!

Location. Location! Breathtaking and magnificent ocean-front view! Wake up every morning with the privilege of breathing in the crisp, morning air straight from the Pacific Ocean. The impeccable views of the sunrise and sunset from the backyard, belong to you! This sophisticated Italian Villa Home is located on the bluff-top of the Malaga Cove. The estate accurately embodies the warmth and elegance of a charm that is rarely found in newer homes. The interior work was designed by a highly noted architect using the top-quality elements, capturing the palace inspired interior, with high ceilings, lathe and plaster walls. Opening up the pretty French doors around the house leads you straight to the coastline. The stunning master suite comes complete with a sitting area and cozy fireplace, marble encased soaking tub and ocean view balcony. The gourmet kitchen includes a breakfast nook and a huge center island. The large ocean-facing Jacuzz, open wine cellar with a tasting table, extraordinary room with bar, gym, offic e, three-stop elevators and an expansive 6 car collectors garage are some of this propertys luxurious features!

Convenient location to ocean, hiking trails, Malaga Cove Plaza and Palos Verdes school system. This spectacular gated home is a dream come true and must be experienced in person!


Presented by Paolo Lee at
Soca Real Estate Group.


Property MLS #OC23154934 from CRMLS

Bedrooms: 5

Total Bathrooms: 6
Full Bathrooms: 4
1/2 Bathrooms: 2
Bathrooms On Main Level: 1
Bathroom 1 Features: Bathtub, Shower, Closet in bathroom, Double Sinks in Primary Bath, Exhaust fan(s), Heated Floor, Privacy toilet door, Separate tub and shower, Soaking Tub, Vanity area

2 Staircases
Balcony
Bar
Beamed Ceilings
Built-in Features
Cathedral Ceiling(s)
Copper Plumbing Full
Dry Bar
Elevator
High Ceilings
Open Floorplan
Recessed Lighting
Wet Bar
Door Features: Double Door Entry
Flooring: Tile, Wood
Window Features: Drapes, Wood Frames

Kitchen Appliances: Barbecue, Built-In Range, Dishwasher, Disposal, Gas Range, Refrigerator
Appliances YN: Yes
Laundry Features: Individual Room

All Bedrooms Up, Attic, Family Room, Galley Kitchen, Kitchen, Laundry, Library, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Walk-In Closet, Wine Cellar

Cooling Features: Central Air
Fireplace Features: Fireplace: Yes
Heating Features: Central, Fireplace(s), Forced Air
Heating: Yes

Breakfast Room Description: Dining Room
Kitchen Features: Kitchen Island

Lighting
Rain Gutters
Fencing: Fence YN: Yes, Fencing: Block, Wrought Iron
Patio And Porch Features: Patio YN: Yes, Patio And Porch Features: Deck, Patio Open

Ocean Front

Spa Features: Spa: Yes, Spa Features: Private, In Ground

Lot Description: Bluff, Corner Lot, Lot 20000-39999 Sqft
Lot Size Acres: 0.5476
Lot Size Source: Assessor
Lot Size Square Feet: 23854

Garage Spaces: 6
Garage Description: Attached
Parking Features: Parking YN: Yes, Parking Features: Direct Garage Access, Driveway, Gated, Guest
Parking Total: 22
Uncovered Spaces: 16.00

View: Bluff, City Lights, Coastline, Ocean, Panoramic, Trees/Woods, Water, White Water

School District: Palos Verdes Peninsula Unified

Montemalaga Elementary School is a public elementary school located approximately 0.8 miles away.
directions icon Map directions

Palos Verdes Intermediate School is a public middle school located approximately 1.5 miles away.
directions icon Map directions

Faith Christian School Psp is a private elementary, middle and high school located approximately 1.4 miles away.
directions icon Map directions

Palos Verdes High School is a public high school located approximately 1.5 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Community Features: Street Lights

Source Listing Status: Active
County: Los Angeles
Directions: Paseo Del Mar in lower Malaga Cove
Source Property Type: Residential
Area: 163 - Malaga Cove
Source Neighborhood: 163 - Malaga Cove
Parcel Number: 7540003016
Zoning: PVR1YY
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$2,144,404 + $7,773,464
$9,917,868
$107,536
2021$2,102,357 + $7,621,044
$9,723,401
$107,427
2020$2,080,800 + $7,542,900
$9,623,700
$105,973
2019$2,040,000 + $7,395,000
$9,435,000
$102,707
2018$3,984,326 + $2,144,086
$6,128,412
$68,731
2017$3,906,202 + $2,102,046
$6,008,248
$65,508
2016$3,829,610 + $2,060,830
$5,890,440
$65,285
2015$3,772,086 + $2,029,875
$5,801,961
$64,624
2014$3,698,197 + $1,990,113
$5,688,310
$63,637
2013$3,452,800 + $1,859,200
$5,312,000
$59,767
2012$3,609,299 + $1,942,274
$5,551,573
$63,017
2010$3,538,529 + $1,904,191
$5,442,720
$61,075
2009$3,520,428 + $1,894,450
$5,414,878
$60,359
2009$3,512,084 + $1,889,960
$5,402,044
$60,359
2008$3,451,400 + $1,857,304
$5,308,704
$58,682
2007$3,383,726 + $1,820,887
$5,204,613
$56,820

Price Changed 2024-01-31
$11,250,000
CRMLS
Listed 2023-08-18
$11,000,000
CRMLS
Listing removed 2022-02-01
$0
CRMLS
Listed 2021-02-02
$10,500,000
CRMLS
Sold 2018-06-06
$9,250,000
CRMLS
Listed 2017-10-02
$9,500,000
CRMLS
Listing removed 2017-09-19
$9,875,000
CRMLS
Price Changed 2017-07-21
$9,875,000
CRMLS
Price Changed 2017-03-19
$10,500,000
CRMLS
Listing removed 2017-02-19
$11,900,000
CRMLS
Listed 2017-02-18
$11,900,000
CRMLS
Listed 2016-06-01
$11,900,000
CRMLS
Sold 1989-04-17
$866,500
Public Record
Sold 1986-07-21
$2,071,870
Public Record

Total Square Feet Living: 7590
Year Built: 1994
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Foundation Details: Block
Living Area Source: Assessor
Property Age: 30
Property Condition: Turnkey
Roof: Spanish Tile
Levels or Stories: Three Or More
Building Total Stories: 3
Structure Type: House
House Style: Custom Built
Year Built Source: Assessor
Elevator: Yes

Accessible Elevator Installed
Parking

Sewer: Public Sewer
Cable Available
Electricity Available
Electricity Connected
Natural Gas Available
Natural Gas Connected
Phone Available
Phone Connected
Sewer Available
Sewer Connected
Water Available
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.