RealKey
‪(213) 433-7766‬

1 Thyme, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 5 bed, 4 bath

1 Thyme, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$1,100,000
1 Thyme, Rancho Palos Verdes, California 90275
5Beds
4Baths
2,000Sqft
33,742Lot
Year Built
1950
Close
-
List price
$1.1M
Original List price
$1.43M
Price/Sqft
$550
HOA
$1,150
Days on market
-
Sold On
-
MLS number
SB25229708
Home ConditionPoor
Features
Excellent View: Catalina, Coastline, Canyon, Ocean, Panoramic
Patio
ViewCatalina, Coastline, Canyon, Ocean, Panoramic

About this home

We found 3 Cons,6 Pros. Rank: price - $1.10M(5th), sqft - 2000(29th), beds - 5(74th), baths - 4(80th).

Gated estate with breathtaking VIEWS in the equestrian community of Portuguese Bend in Rancho Palos Verdes. Situated on a Cul-de-Sac street of only 5 homes. This property boast captivating, panoramic and unobstructed views of the Pacific Ocean, Catalina Island a the Coastline. It is in close proximity to the Terranea Resort and Trump National Golf Club and Portuguese Bend Riding Club. A private automatic gate opens to a private ,enclosed, front yard with sitting area… Upon entering the home, you’ll be immediately fascinated by the ocean views ! Main house has 3 bedrooms 2 baths, kitchen with Subzero 48 Pro refrigerator, Wolf stove, middle island...Attached, but with separate entry is a Studio with its own bathroom. Unbelievable views grace all rooms, including a separate Guest house with its own bathroom. There is also built-in chicken coop, huge storage shad and workshop. The house boasts 5-ton unit AC ,recess lighting, a wet bar, 9.02KW Enphase solar system (420 watt solar panels, each panel has its own inverter), 2.0 generator integrated in solar system. 250 Gallon propane tank, 3 tankless water heaters. Property is located in the neighborhood affected by land movement and impacted by it…..for latest landslide updates ,visit: RPVCA.GOV/LANDMOVEMENT. Gas and SCE company disconnected servis for this area, so now all is working by solar, generator, butan tank....

Price History

Date
Event
Price
12/05/25
Price Change
$1,100,000-22.8%
10/01/25
Listing
$1,425,000
01/30/09
Sold
$1,200,000
11/22/95
Sold
$505,000
Condition Rating
Poor
While the property boasts a high-end kitchen with Subzero and Wolf appliances, modern systems like solar, a generator, AC, and tankless water heaters, and appears well-maintained internally, these significant upgrades are severely overshadowed by critical external factors. The property is located in an area affected by land movement, posing a substantial risk to structural integrity. Furthermore, public gas and electricity services have been disconnected, forcing reliance solely on the property's self-sufficient systems. These fundamental issues directly impact the safety, soundness, and long-term livability, requiring substantial consideration and potential rehabilitation beyond typical repairs.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33742, living area = 2000.
Panoramic Ocean Views: The property boasts breathtaking, captivating, panoramic, and unobstructed views of the Pacific Ocean, Catalina Island, and the coastline from every room, significantly enhancing its appeal.
Self-Sufficient Energy & Water Systems: Equipped with a 9.02KW Enphase solar system with integrated generator, a 250-gallon propane tank, and three tankless water heaters, providing significant energy independence and modern efficiency.
Multi-Generational Living & Income Potential: Includes an attached studio with a separate entry and its own bathroom, plus a separate guest house with a bathroom, offering flexibility for extended family, guests, or potential rental income.
High-End Kitchen & Modern Amenities: The kitchen features premium appliances like a Subzero 48 Pro refrigerator and Wolf stove with a central island. The home also includes a 5-ton AC unit, recessed lighting, and a wet bar.
Exclusive Location & Privacy: Situated within a gated estate on a cul-de-sac of only five homes in the desirable equestrian community of Portuguese Bend, offering enhanced privacy, security, and proximity to elite amenities like Terranea Resort and Trump National Golf Club.

Cons

Significant Land Movement Risk: The property is located in a neighborhood actively affected by land movement and landslides, posing a substantial risk to structural integrity, insurability, and long-term property value, as indicated by the provided RPVCA.GOV link.
Disconnected Public Utility Services: Gas and SCE (electricity) services have been disconnected for this area, forcing reliance solely on the property's solar, generator, and propane systems. This indicates a severe infrastructure issue directly linked to the land movement.
Substantial Price Reduction: The list price has been significantly reduced from an original $1,425,000 to $1,100,000, suggesting difficulty in attracting buyers and potentially reflecting market concerns related to the property's inherent risks or perceived value.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state