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1409 Via Arco, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 5 bed, 7 bath

1409 Via Arco, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$6,599,000
1409 Via Arco, Palos Verdes Estates, California 90274
5Beds
7Baths
6,258Sqft
29,673Lot
Year Built
1970
Close
-
List price
$6.6M
Original List price
$7M
Price/Sqft
$1,054
HOA
-
Days on market
-
Sold On
-
MLS number
SB25005613
Home ConditionExcellent
Features
Excellent View: Coastline, Ocean
Pool
Spa
Patio
ViewCoastline, Ocean

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,7 Pros. Rank: price - $6.60M(96th), sqft - 6258(96th), beds - 5(78th), baths - 7(96th).

SELLER'S FINANCING OR LEASE OPTION CAN BE CONSIDERED.Located in the best area of Palos Verdes. Most private, resort-like, ocean view, extensively remodeled 5 bedrooms 7 bathrooms 4 car garage luxury estate. The professional grade kitchen has a 60" Wolf range; a 32" indoor BBQ grill; ice maker, Viking warming drawer; double Miele dishwasher; Double clean-up sink; two 36" Subzero refrigerators and more. Two luxurious master suites, two guest suites, two livingrooms , office and temperature controlled wine cellar. Central, zoned air conditioning. Park-like back yard with swimming pool, spa, outdoor BBQ area and open-beam patio eating area. Featured lighting and sound system are great for entertainment and party!

Nearby schools

10/10
Montemalaga Elementary School
Public,•K-5•0.5mi
9/10
Silver Spur Elementary School
Public,•K-5•0.8mi
9/10
Vista Grande Elementary School
Public,•K-5•1.3mi
7/10
Lunada Bay Elementary School
Public,•K-5•2.1mi
9/10
Ridgecrest Intermediate School
Public,•6-8•1.4mi
9/10
Palos Verdes Intermediate School
Public,•6-8•1.5mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•0.9mi
8/10
Palos Verdes High School
Public,•9-12•1.8mi

Price History

Date
Event
Price
03/22/05
Sold
$1,400,000
Condition Rating
Excellent
Despite being built in 1970, this property has been 'extensively remodeled' to a very high standard. The description highlights a 'professional grade kitchen' equipped with top-tier appliances (60" Wolf range, 32" indoor BBQ, Viking warming drawer, double Miele dishwasher, two 36" Subzero refrigerators), and 'luxurious master suites'. Modern amenities like central zoned air conditioning and a featured lighting and sound system further indicate a comprehensive and recent upgrade, bringing the property to current quality standards with virtually new components and no deferred maintenance.
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 = 29673, living area = 6258.
Great Schools: Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Prime Location & Ocean Views: Located in a highly desirable, private area of Palos Verdes, offering resort-like living with stunning coastline and ocean views.
Extensive Remodel & Luxury Features: The estate has been extensively remodeled, featuring a professional-grade gourmet kitchen with high-end appliances (Wolf, Subzero, Miele), two luxurious master suites, a temperature-controlled wine cellar, and central zoned air conditioning.
Resort-Style Outdoor Living: The park-like backyard includes a swimming pool, spa, outdoor BBQ area, and an open-beam patio, perfect for entertaining and relaxation.
Flexible Purchase Options: The seller is open to considering financing or a lease option, providing rare flexibility for potential buyers.
Spacious & Well-Appointed Estate: A substantial 5-bedroom, 7-bathroom luxury estate spanning 6,258 sqft, complete with a 4-car garage and integrated lighting and sound systems for entertainment.

Cons

Significant Valuation Discrepancy: The current listing price of $6.599M is substantially higher than the estimated property value of $5.544M, indicating potential overpricing relative to market analysis.
Property Age: Built in 1970, despite extensive remodeling, the underlying structure's age may raise concerns for some buyers regarding long-term maintenance or outdated elements not addressed in the renovation.
Recent Price Reduction: The property has already seen a price reduction from its original list price of $6.999M, suggesting market resistance at its initial valuation.

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